Question

Explain the importance of tax .​

Answer 1

Answer:

Taxes are crucial because governments collect this money and use it to finance social projects. Without taxes, government contributions to the health sector would be impossible. Taxes go to funding health services such as social healthcare, medical research, social security, etc.

Answer 2

Answer:

Citizens are taxed in proportion to their economic circumstances, thereby encouraging social and economical equality. Moreover, with direct taxes, taxpayers remain aware of how much tax they can be expected to pay in a financial year and prepare well in advance.

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thanks for asking ❤