TAXATION not only pays for public goods and services; it is also a key ingredient in the social contract between citizens and the economy.
How taxes are raised and spent can determine a government's very legitimacy.
You need to watch this as the details are very interesting and really enlightening. Learn the tax Basics For Beginners (Tax 101)
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0:00 Intro 0:03 What is Tax? 0:30 Types of tax 0:40 Income tax 1:03 Coorporate Tax 1:31 Property Tax 1:50 Importance of tax 2:20 Outro -------------------------------------------------------------------------------------------------------------------------------------------------------------- Podcast
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By: FinTacts Title: Tax Basics For Beginners (Tax 101) Sourced From: www.youtube.com/watch?v=RoIrd9S82vg
