Saturday, 5 November 2016

The Importance Of Paying Taxes

By Diane Gibson


Taxation is a procedure in which the government will impose charges on both citizens and businesses in the country. The collected fees will be utilized to fund different projects that will benefit everyone in the society. The process can actually benefit the businesses and society as a whole. And because people are not isolated, the fees coming from several sources would benefit everyone, no matter your income size.

Ideally, taxation is very important to the entire society since the government uses the taxes to finance projects related to education systems, healthcare systems, and public transports. So every time you drive on public highways, you travel on roads constructed, maintained, and paid for by locals and state road funds restored by taxes in stockton ca.

Also, the fees accumulated will be utilized to offer unemployment benefits and pensions that will benefit everyone. Thus, if your children are enrolling in colleges or universities in Cupertino CA, you will surely benefit from all the taxes that have been collected. So in return, most of the college graduates will qualify for better jobs and obtain jobs in a recessed or depressed economic state.

The taxes you have paid for are also helpful for individuals who cannot afford and for them to get a better education. In fact, the authorities are dealing on certain plans of free education from primary to high school and college education for the less fortunate people because of the money obtained from payers.

Imagine being tortured or robbed and not having a police station to seek assistance. If everyone is evading the law and refuse to pay their tax, most probably these situations would become a reality. The taxes you are paying serve as an assistance to the government to form police forces and pay their services.

Furthermore, the money not only support and help the overall internal security forces but the national security forces as well. These forces will also protect you the country from terrorists who are threatening the peace and security of a country.

If you refuse to pay your obligations, the government may also fail to provide the projects or services that would be helpful for everyone. Additionally, the money is allocated to different areas of a specific nation specifically in rural areas. Usually, some rural areas have some resources that would be useful in improving the economy of a nation. Therefore, the governing body will finance all services needed to improve the standards of these areas.

The good thing is that taxes may discourage undesirable activities such as gambling, tobacco, and liquor. On these activities, the authorities are imposing excise tax that will discourage people from selling and using such commodities. Other than that, the money can push more the economy when economic turmoil or recession occurs.

As you can see, paying the tax is your social responsibility. If you are a good citizen, then pay your obligations. Through this, you will be secured and benefit from the facilities in an effective manner. Thus, the next time you evade such law and wonder how they use your money, then look around you.




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