News For This Month:

June 13, 2020

Miscellaneous

Comments Off on News For This Month:


Importance of Paying Government Taxes

Revenue collected from taxpayers will aid to run the government. Its important for citizens to note that they are obliged to pay taxes. If the government does not have a proper way to tax its people it will run out of money. It will take a few days for the economy to fall but it will be hard to raise it again to normal and the citizens will suffer a lot. On the other side everything else will be affected since the government uses the taxes to build hospitals, purchase drug, construct roads and any other transactions they will need to make. They should also check not to overtax the taxpayers. Others will pay taxes by paying licenses,others through value added taxes and majority through income tax. It’s important to any citizen to pay taxes so that the government can be able to run. The following is a list of importance of paying tax.

For the government to construct good roads and infrastructure they will have to use the taxes that the taxpayer remits. There will be ease of transportation for farm produce and other perishables. This will help the taxpayer because they can do the business of supplying their products in time and also arrive at their destination when still fresh. Again, the taxpayer since they have ease of movement they can move and link to many places in a short time thus using the rest of the time to do more important jobs. The government will build modern hospitals that will be enable the taxpayer get treatment at their locality and also have major hospitals in case of emergencies and referrals. The government will also be in a position to stock the hospital with drugs and provide the require machinery and equipment to aid in treatment. The government will also use taxes to hire nurses, doctors and clinical officers. If the government does not provide good health care to its people they will have a weak nation thus everything will run slowly. They will need to have an education system in place that will be in place for its people. This will be a bit difficult since the government cannot be able to meet each citizen at their place. A country who has a larger population of literate people is easy to run since the people can understand what is needed for them to do.

Paying taxes helps build the nation at large. When the government does not have enough money to run the country they will be forced to take loans which will have adverse effects to the citizens now. The taxes they pay will always come back to them indirectly and will be of more benefit to them. The government through even the taxes will introduce employment plans, retirement plans and also medical plans for its citizens. The government will also introduce free medical care to its citizens. Also the free education by the government will also be only possible because of the taxes.

Source: go to this web-site