> The primary purpose of tax collection is to raise income for the governments and administrations and to support the community's needs.
> Taxation is utilized as an instrument for monetary policies or procedures.
> Advantage: One of the most fundamental preferences of charges/taxes is that they permit the public authorities and the government to go spend money for helping aid and services for the people.
> Disadvantage: People struggling financially will have more burden, [since they will have to pay for taxes].
> Another Disadvantage: If you fail to pay you taxes, you may have a penalty.
Answers & Comments
> The primary purpose of tax collection is to raise income for the governments and administrations and to support the community's needs.
> Taxation is utilized as an instrument for monetary policies or procedures.
> Advantage: One of the most fundamental preferences of charges/taxes is that they permit the public authorities and the government to go spend money for helping aid and services for the people.
> Disadvantage: People struggling financially will have more burden, [since they will have to pay for taxes].
> Another Disadvantage: If you fail to pay you taxes, you may have a penalty.
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