why do we pay taxes to government
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Some Reasons Of Why Do We Pay Taxes To Government:-
1. Taxes enable governments to provision themselves without the use of explicit force. . If there were no taxes it would...
2. Inflation. . If there were no constraints on government spending there would eventually be a nasty inflation problem.
3. Taxes can be used to distribute wealth and income. . This lever hasn’t been used as much as some people would like in...
4 . Governments can use taxes to encourage or discourage certain behaviors. Incentives are one...
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They use the receipts to fund essential expenses like defence, police, judiciary, public health, infrastructure etc. ... Generally speaking, we can say that the tax money is used to fund recurring and non-recurring expenses of the country. Recurring expenses can be like salaries paid to government servants etc.
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