Why should tax be paid on income?

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1068660

2026-03-09 16:30

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Tax on income is essential for funding public services and infrastructure, such as education, healthcare, and transportation, which benefit society as a whole. It helps redistribute wealth, reducing economic inequality and ensuring that those with higher incomes contribute a fair share to support community needs. Additionally, tax revenue is vital for maintaining government operations and supporting social programs that assist vulnerable populations. Overall, income tax plays a crucial role in promoting economic stability and social welfare.

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