It is commonly said that, individual must save all their income without paying tax to the government will be a better decision while I believe we must allocate a portion of Income for the tax expenses, which is crucial for country development.
The main reason is dissatisfation with government. Simultenously, people believe that taxes is not a mandatery requrment because of their county’s political failiures. Many people think that their income will not be devided equially. Further, they are blaming to the government about lack of facilities and development. Some of them believing that, tax income has been misused by the politiciants. Apart from that the published documents about tax policies are complex to understand. Therefore, many have not aware about these structural background. As a example, According to the Central bank report – Sri Lanka , 40% persons are aware about tax policies while only 18% people believe that paying taxes are their responsibility .in summery, dissatisfaction about government and its’ projects , complexity nature of the relevant policies are the main reasons caused to prevent them from paying taxes.
Nevertherlass, I firmly belive that tax income is a major revenue source to the government. If they have good collection of tax income,they are able to invest for new infrastructure development projects, aiming enhancing the quality of life. Furthermore, It allow people who earn low level of income to receive benefits from health sector. For a instance, recent statistics depict that, the large percentage of canadians are prefer to pay taxes because they belive that the their confort zone has created by government mainly using tax income. Therefore, having positive mind about the tax payment is paramount for country success.
As a conclusion, I firmly believe that, tax income is the main income source for any government which can be determine the success and development of any county. Apart from that, the policies should be easiy to understand and it should be transparency enough for the country resident, which will create a self confident to pay taxes.