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Each governmet strives to manage economic resources. And Tax revenue in most governments is the most dependable source of such economic resources in morden economic setup Therefore depending on government's fiscal policy,tax payers will either be happy with service delivery by government or not. By and large no tax payer is happy to remit tax. Therefore as long as its law and it is enforced tax payers are made to pay, thus raising their expectations from gorvenment. Being economic players tax payers want to maximise benefit from tax paid and minimise on tax paid. Therefore each government affects tax payers to the extent that they make a balance between amount of tax liable to payers and goods and services to benefit payers. To some extent laws formed and policies drafted affect tax payers and their economic benefits.

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15y ago
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14y ago

This is the government's source of income and the more it taxes the population the more money it has to pay for the infrastructure of the country. For example roads, healthcare , and defence.

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Q: How does revenue from taxes impact the government?
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Largest source of revenue for the federal government?

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