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.
Funding government operations like military operations and maintaining the security country is important. It spends a lot of money in the purchase of firearms and other equipment that are required in the administration of a country such as maintenance of law and order. To help in management, transport costs are incurred such as fueling of government vehicles and police cars which are directly involved in curbing crimes.
Redistribution of wealth occurs similarly. This way, all the citizens of a country are made equal in accessing government resources and other public services. Schooling and medical services are rights entitled and guaranteed by a government governing a given country to its citizens. Some less fortunate people cannot afford these services, and therefore, those who are wealthy are levied slowly and pay the revenue which is used to make these services available to every citizen.
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.
In the above public institutions, some public servants make these services available to people. These servants are paid salaries for their operations and for them to sustain the process of offering those services. Their wages are sourced from government revenue that is obtained from taxes collected from people on a monthly basis.
Funding government operations like military operations and maintaining the security country is important. It spends a lot of money in the purchase of firearms and other equipment that are required in the administration of a country such as maintenance of law and order. To help in management, transport costs are incurred such as fueling of government vehicles and police cars which are directly involved in curbing crimes.
Redistribution of wealth occurs similarly. This way, all the citizens of a country are made equal in accessing government resources and other public services. Schooling and medical services are rights entitled and guaranteed by a government governing a given country to its citizens. Some less fortunate people cannot afford these services, and therefore, those who are wealthy are levied slowly and pay the revenue which is used to make these services available to every citizen.
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.
In the above public institutions, some public servants make these services available to people. These servants are paid salaries for their operations and for them to sustain the process of offering those services. Their wages are sourced from government revenue that is obtained from taxes collected from people on a monthly basis.
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