why does the government need a budget? why does the budget talk of taxes?
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The budget is used as the tool of decision making by the government. Most of the economic decisions are being dependent on the budget. The economic decision includes the investment spending and allocation of resources. One of the main components of the budget is the tax.
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It is used to allocate the scarce resources in the best designed economic use. The budget is used as the tool of decision making by the government. Most of the economic decisions are being dependent on the budget. The economic decision includes the investment spending and allocation of resources.
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