answersLogoWhite

0

How does tax help in economic development?

Updated: 8/21/2019
User Avatar

Wiki User

9y ago

Best Answer

Tax helps in economic development by using the money from the people to make needed improvements to that area usually in educational purposes or in war. Many other objectives are accomplished through taxes too, such as regulating the money value or by helping with programs that benefit people such as SSI

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does tax help in economic development?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Encouraging investment in research and development through tax cuts involves which type of economic policy?

Encouraging investment in research and development through tax cuts involves supply-side economic policy. The idea of supply-side economics was developed in the 1970s.


How does marketing help economic development?

mainu ni pta


Who founded the ldf?

The LDF, or Liberian Development Foundation, is a non-profit tax-exempt organization. Their mission is to help the creation and funding of socio-economic and human development programs in Liberia. The foundation was founded in 1982, by the Catholic Society of African Mission.


What part of the Economic Opportunity Act of 1964 was developed to help early childhood development?

The Head Start program was designed to help early childhood development as part of the economic opportunity act of 1964.


What part of the economic opportunity act of 1964 wasvdesigbed to help early childhood development?

The Head Start program was designed to help early childhood development as part of the economic opportunity act of 1964.


What is the purpose of the international monetary fund and world bank?

To help poor countries


What are the importance of taxes and tax laws to the business?

The importance of Tax are as follows:- 1. Maximum Social advantage. 2. Minimum aggregate sacrifice. 3. Efficient administrative system. 4. Help in economic development. 5. Universally applicable. 6. built in flexibility.


The anticipated economic stimulus which would help the development of Kansas and Nebraska was?

Railroads


Is economic growth necessary for economic development?

Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.


What part of the Economic Opportunity Act of 1964 was designed to help early childhood development?

The Head Start program was designed to help early childhood development as part of the economic opportunity act of 1964.


What are the nature of Economic development?

nature of economic development


What was the governments idea to help the crops?

(Needs) national economic empowerment and development strategy