Importance of Tax to Society
You might be wondering why we have to pay taxes to the government when it has the power to issue as much money as it needs. What are the uses of our taxes for then?
Well, while the government may seem to have a bottomless reserve of money, it actually needs a good and stable financial resource to manage a whole nation. The revenues from domestic taxes provide this. Without it, the services offered to all citizens could not be effectively managed. The government uses the revenues to support public healthcare, social security, national defence, free elementary education, public housing, and many other social services. The taxes we pay fuel our society, supporting all our needs including police protection, fire emergency services, garbage services, etc. Thus, as a responsible citizen, we should pay our dues to the government.
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