It acts a source of government revenue which is used to perform a lot of things in promotion of development and general running of the country. It is the responsibility of every citizen to pay the government some amount of money from the total income that they get annually or monthly. The following are functions of 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.
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.
Funding for individual projects is another reason why the government needs revenue. Some projects are costly and occur after a given period. They require money for them to be funded and to happen in the right manner. For example, voting needs a lot of workforce and resources that all need to get funded hence requiring a lump some of the money.
Infrastructure development is dependent on this too. Without infrastructure, there could be no growth in the state. Therefore, the building of roads is a way to promote the development of every country. Roads link market centers with manufacturers of goods hence helping businesses. They network a country with another leading to interaction which leads to peaceful coexistence among the people leading to growth in trade.
It is also used for the building of social amenities such as schools, hospitals, and government houses. Taxes also lead to growth and development experienced in urban centers. People depend on these social services for their education, businesses, and health. They are the ones that see the development of a future generation and promotion of business growth. This raises the living standards of people which see growth in the economy of a state.
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.
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.
Funding for individual projects is another reason why the government needs revenue. Some projects are costly and occur after a given period. They require money for them to be funded and to happen in the right manner. For example, voting needs a lot of workforce and resources that all need to get funded hence requiring a lump some of the money.
Infrastructure development is dependent on this too. Without infrastructure, there could be no growth in the state. Therefore, the building of roads is a way to promote the development of every country. Roads link market centers with manufacturers of goods hence helping businesses. They network a country with another leading to interaction which leads to peaceful coexistence among the people leading to growth in trade.
It is also used for the building of social amenities such as schools, hospitals, and government houses. Taxes also lead to growth and development experienced in urban centers. People depend on these social services for their education, businesses, and health. They are the ones that see the development of a future generation and promotion of business growth. This raises the living standards of people which see growth in the economy of a state.
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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