How does tax payment empower government to achieve its objectives?

Answer 1

Government can tax on imported gds so domestic gds become cheaper. hence less demand for imports, achieving BOP equilibrium/ improving the countr'ys BOP deficit.

Government can also increase income tax to redistribute income from the rich to the poor, hence reducing the income inequality in the country.

By increasing income tax, consumers will have less disposable income and the demand for goods and services decreases. This reduces demand-pull inflation, hence achhieving price stabillity.

Answer 2

Tax payment empowers government to achieve its objectives in various ways. This serves as the main source of revenue for government which is used for paying wages, development and investments among other activities.

Answer 3

Governments must have money to pay for their activities. They collect this money by way of taxes