Every citizen has a responsibility to pay a given amount of money to the government from the total income that they get monthly from their businesses or white collar jobs salaries. Some self-employed individuals also have a way in which they are directly or indirectly taxed. This money serves a lot of functions to help in the economic growth of a country. It acts as a way in which government obtains revenue which has a lot of duties. The following are reasons for Canadian tax advice.
There are many operations of government that all need money to operate. The purchase of firearms required in safeguarding the security of citizens and also military operations are some of these transactions. The government needs money to ensure the governance of a state works in the way it is supposed to. All administration operations and maintenance of law and order are activities which need funding. All these funding are obtained from the revenue collected monthly and annually from citizens.
In a country, there are different levels of people based on how they can afford different things in maintaining their survival. They also range in the difference of races and social status. This means, therefore, there are those who are unable to afford some services such as schooling services and medical requirements. Through revenue, the government can equalize all its people through equal distribution of services.
Consumption tax is also a way of reducing consumption of some products. Use of things like charcoal and firewood for fuel and other nonbiodegradable sources of fuel are discouraged through imposing of heavy levies. This means that few people can afford them and in little amounts which have few effects. Other commodities such as cigarettes also are collected highly to discourage their usage among the people.
Government revenue is used to fund special projects such as voting activities and others that require a lot of money. Some projects are difficult to afford because they consume a lot of money for them to occur. That is why they are carried out after a given period to ensure that enough money is saved to take them out.
Development of infrastructure is a dependent activity to this money. Without it, there could be no infrastructure development in the country. These foundations are essential in the promotion of growth as they interconnect the link between producers to consumers. Road transportation links a country to the neighboring countries promoting an increase in trade and other social networks among the countries.
Another developmental program that is promoted by levies is building of public amenities such as schools. Many of these amenities are free of charge, and every requirement is entirely funded by the government. It is also a way in which wealth of a country is evenly distributed among people irrespective of age or any social status.
Many government employees are required in the running of the country by offering services to citizens. All these employees are paid monthly to maintain their services. Their salaries get regularly paid by a government using the revenue collected from people.
There are many operations of government that all need money to operate. The purchase of firearms required in safeguarding the security of citizens and also military operations are some of these transactions. The government needs money to ensure the governance of a state works in the way it is supposed to. All administration operations and maintenance of law and order are activities which need funding. All these funding are obtained from the revenue collected monthly and annually from citizens.
In a country, there are different levels of people based on how they can afford different things in maintaining their survival. They also range in the difference of races and social status. This means, therefore, there are those who are unable to afford some services such as schooling services and medical requirements. Through revenue, the government can equalize all its people through equal distribution of services.
Consumption tax is also a way of reducing consumption of some products. Use of things like charcoal and firewood for fuel and other nonbiodegradable sources of fuel are discouraged through imposing of heavy levies. This means that few people can afford them and in little amounts which have few effects. Other commodities such as cigarettes also are collected highly to discourage their usage among the people.
Government revenue is used to fund special projects such as voting activities and others that require a lot of money. Some projects are difficult to afford because they consume a lot of money for them to occur. That is why they are carried out after a given period to ensure that enough money is saved to take them out.
Development of infrastructure is a dependent activity to this money. Without it, there could be no infrastructure development in the country. These foundations are essential in the promotion of growth as they interconnect the link between producers to consumers. Road transportation links a country to the neighboring countries promoting an increase in trade and other social networks among the countries.
Another developmental program that is promoted by levies is building of public amenities such as schools. Many of these amenities are free of charge, and every requirement is entirely funded by the government. It is also a way in which wealth of a country is evenly distributed among people irrespective of age or any social status.
Many government employees are required in the running of the country by offering services to citizens. All these employees are paid monthly to maintain their services. Their salaries get regularly paid by a government using the revenue collected from people.
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