BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tax money is used to pay for services like
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national defense (military) and education (schools)
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private companies and shipping costs
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home repairs and private construction
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None of the above
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Explanation:
Detailed explanation-1: -Taxes are used by the government for carrying out various welfare schemes including employment programmes. There are Lakhs of employees in various departments and the administrative cost has to be borne by the Government.
Detailed explanation-2: -The purpose of taxes is to provide the government with funds for spending without inflation. Taxes are used by the government for a variety of purposes, some of which are: Funding of public infrastructure. Development and welfare projects.
There is 1 question to complete.