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What are the benefits of taxes? What is the relationship between taxes and the government?

Sagot :

collect this money and use it to finance social projects

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Answer:

What are the benefits of taxes?

Tax advantage refers to the economic bonus which applies to certain accounts or investments that are, by statute, tax-reduced, tax-deferred, or tax-free. Examples of tax-advantaged accounts and investments include retirement plans, education savings accounts, medical savings accounts, and government bonds.

What is the relationship between taxes and the government?

The simple answer to this question is that taxes are just meant for the benefit of people, that's it. The government collects taxes just for doing things like helping Americans and citizens. The government is not supposed to use it for their own use.

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