)Government uses tax money for providing many public services for the benefit of all citizens.
Justify this statement.
Answers
Answer:
Government uses tax money for providing many public services for the benefit of all citizens. Some services such as defence, police, judicial system, highways etc. ... Taxes fund developmental programmes and services such as education, health care, employment, social welfare, vocational training etc.
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Answer:
It's true
Explanation:
According to the Budget 2019, the government will allocate 18 paise for every rupee it earned through taxes to payment of interest. So, the government spends your tax money on payment of interest. Defense Allocation: Your money also helps pay for the country's defense and security-related expenditure.
The federal taxes you pay are used by the government to invest in technology and education, and to provide goods and services for the benefit of the American people. The three biggest categories of expenditures are: Major health programs, such as Medicare and Medicaid. Social security.
Tax revenues are used for public services and the operation of the government, as well as for the Social Security and Medicare programs.
The ability-to-pay principle of taxation suggests that the amount of tax an individual or organization pays should be relative to the amount they earn, as a means of easing the financial burden that taxes can create for low-income households. This aligns with the concept of the progressive tax system.
The tax money paid to the government is used for providing public services for all citizens. Services like defense, police judiciary, highways, etc. Developmental programmes like education, health care employment, social welfare