🧵 /1
Tax is the collection of Revenue or Money by the Government through direct or indirect systematic ways and it is also generally understood that the collected revenue is used for the development purposes.
🧵 /1
Tax is the collection of Revenue or Money by the Government through direct or indirect systematic ways and it is also generally understood that the collected revenue is used for the development purposes.
If you call stealing development, then sure it is. Nowadays there is tax on everything. Even on tax.
🧵 /2
Basically the taxes are the mandatory contribution by the citizens of a country which adds value to the states Economy.
🧵 /3
All countries have the Taxation system to collect revenue for the state to run its developmental programs and projects.
🧵 /4
The citizens are bound to pay their taxes (directly and in-directly) as they need and require facilities of life to be provided and to be made available by the government.
🧵 /5
https://leofinance.io/@mudassarfoladi/the-impact-of-taxes-on-economy
that's correct, but sometimes I also ask myself if it is really necessary of the government to do so because not all of us are okay with it
Yeah it depends on the thinking of every individuals. As far as I'm concerned if your government is working on your country then we have to pay tax but unfortunately in our country we are paying tax but we are not seeing any development😓