5 Reasons Why We Pay Tax In Usa

May 27, 2022 ⚊ 1 Min read ⚊ Views 129 ⚊ BUSINESS

American taxes, despite their unpopularity, are essential for promoting economic growth and development and accomplishing the shared aim of a wealthy and functional community. Taxes play a crucial role in the social compact between citizens and the economy. How they are collected and spent can determine the legitimacy of a government. All governments want money, but the problem is selecting the appropriate tax rate and the suitable tax base. Governments must also develop a tax compliance system that does not deter taxpayer participation

Read details: https://latest-us-tax-news.blogspot.com/2022/05/5-reasons-why-we-pay-tax-in-usa.html

Tags: us expat taxes

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