Function of Taxes
Taxes have several functions:
~ Roedy (1948-02-04 age:70)
- Fairly bill the public for the various services the government provides for them, such as roads, sewers, water, schools, medical care, defence, air traffic control, meat inspection…
- Stabilise the wealth gap. Without something to compensate, capitalism naturally widens the wealth gap. The rich get richer and the poor get poorer.
- Encourage people to do things that benefit the public good, e.g. conserve fuel.
- Discourage people from doing things that harm the public good, e.g. pollute.