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What is the purpose of taxation?

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Local, state and federal governments also collect tax revenue to stabilize the economy. Collecting taxes ensures the government has a steady stream of revenue to meets its purpose of protecting citizens. Another purpose of taxation is redistribution of wealth, according to Encyclopaedia Britannica. read more

Taxation, imposition of compulsory levies on individuals or entities by governments. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. read more

The government cares about stuff like that (or claims to), and so they tax certain things—such as gasoline, alcohol, and electronics—putting the cash that they get from the tax toward solutions that help reduce some of the damage. read more

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