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samedi 22 octobre 2016

Why Taxes Are Beneficial To The Society

By Diane Gibson


Taxation is a process in which the government imposes charges on corporate businesses and citizens. The collected charges by the governing body of a nation will be used to finance a wide array of projects that offer benefits to each citizen of the country. The process can also benefit both businesses and the society as a whole. Since everyone is not isolated, tax dollars from different sources will surely benefit you, your neighbors, and relatives, no matter how much income you are earning.

Moreover, taxation is also crucial to the whole society because the government will be using the fees to finance any projects akin to public transports, education and healthcare systems. Thus, every time you travel on public roads, always remember that you are traveling on highways built, improved, and paid for by state road finances coming from taxes in Stockton CA.

Additionally, the money collected are also useful in giving unemployment advantages and pensions that would benefit everyone. If your kids are taking lessons in universities or colleges in Cupertino CA, you will find it beneficial from your taxes. In turn, graduates will become qualified for good jobs and will not be unemployed because of a recessed or depressed economy.

The taxes you are paying are helpful for less fortunate people to get good education and health care that they cannot afford. In fact, the authorities have worked on plans for free primary education up to high school as well as college education for the less fortunate individuals because of the income gained from payers.

Try to imagine being robbed and even you shout for help, there is no one to rescue because there are no police stations in the place. If people continue to evade the law and hesitant to pay taxes, this situation will certainly become a reality. As you can see, the money you pay for serves as a good help to the authorizing body that will come back to you in the form of police forces.

Aside from that, the collected charges not only assist and support the internal forces but the national security as well. These security teams protect the country from possible enemies and terrorists who threatens the peace and unity of the nation.

Without the tax, the governing body will never be able to finance important services and projects that people need. Moreover, the money will also be allocated to various areas of a certain country particularly the rural areas. As you see, rural areas have resources that would be useful to improve the economy of the country. Thus, the government will be allocating funds for the services required to improve the standard of living in these areas.

The good news is that collecting taxes which may discourage undesirable activities such as liquor, tobacco, and gambling. On such activities, the governing body will impose excise tax to discourage individuals from using or selling these commodities. In addition, the money can also push more the economic condition of a country when a recession happens.

Paying your tax is your responsibility as a citizen. Nothing to worry about since you will benefit all the amenities as well as the services you can obtain from it. Hence, the next time you evade the law and wonder how the authorities use your tax, then look around you and understand what it means to the country.




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