Question

What is the need and important of these taxes?

Answer 1

Answer:

The concept of taxation is also important to businesses because governments can fund this money back into the economy in the form of loans or other funding forms.

Taxes help raise the standard of living in a country. The higher the standard of living, the stronger and higher the level of consumption most likely is.

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Answer 2

The concept of taxation is also important to businesses because governments can fund this money back into the economy in the form of loans or other funding forms.
Taxes help raise the standard of living in a country. The higher the standard of living, the stronger and higher the level of consumption most likely is.
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