Which of the following best explains why taxation is important to a government?

Question

A) to fund businesses and make a profit
B) to collect revenue for personal citizen salaries
C) to collect revenue and provide for the public good
D) to collect money for foreign aid

Answer 1

C) to collect revenue and provide for the public good

This option best explains the importance of taxation to a government, as taxes are primarily used to generate revenue that funds public services and infrastructure, benefiting society as a whole.