The revenue the government collects via taxes is used to fund Social Security, health care, the military, education, scientific research, the space program, transportation, agricultre, environmental programs, the justice system and more.
A tax (from the Latin taxo) is a financial charge or other levy imposed upon a
taxpayer by a state or the functional ...
Everything you ever wanted to know about The Purpose of Taxes, in a way that
you'll actually understand. Shmoop breaks down finance concepts for all ages.
Encyclopaedia Britannica indicates that the primary purpose of taxation is to
allow a government to allocate resources as necessary. Typically governments
Dec 16, 2010 ... Many are wondering if it is time to construct a better system (Photo: Getty Images)
President Obama, the Republicans and even Congressional ...
Purpose of Taxation. Taxes are mainly used to finance the expenses incurred by
government to manage an economy. These expenses include: health care, ...
May 30, 2013 ... If we were looking for a tax system that had the sole purpose of .... The purpose of
those taxes should be to un-do the damage, mitigate it, ...
Purpose of Taxation. A Tax is required payment to local, state, or national
government. Government uses taxes to: To fund public goods and services—
Taxes are ...
Feb 5, 2009 ... One useful way to view the purpose of taxation, attributable to American
economist Richard A. Musgrave, is to distinguish between objectives of ...
May 15, 2014 ... The second purpose is to use taxes to change the distribution of income and
wealth. For example, a progressive tax system would reduce ...