We all know that as we earn income, we're required to pay taxes. Generally, the more you earn, the higher your taxes. But what about countries with weaker economies that don't strictly enforce tax laws? Would you prefer to live in such a place?
Let’s break this down: What do taxes actually do, and what are the pros and cons of living in a country where tax enforcement is weak? Overall, does this benefit the people, or does it ultimately make life harder for them?
The issues you mentioned in your topic are that countries where income tax is not imposed strictly due to weak enforcement, the economic condition of those countries will also be very fragile.
Because without paying income tax, the money is illegal for that country because that income does not benefit the country or does not contribute to any development of the country. That means that the living environment of most of those countries will definitely be bad from the economic condition. If we look at the third world countries, then we will see most of these kinds of conditions.
On the other hand, in countries where income tax is collected strictly, the citizen benefits of those countries are also much better, so I think if we get more environment and citizen benefits by paying more income tax, then we should live in those countries.
Weak enforcement or just that simply being they are just that too corrupt? There are certain countries that been that too slow when it comes to development just because into those people who do govern out into these places. Its a global problem that cant be resolved out easily and keeps continuing as of todays governance. As long they do have that power then they can be able to do on what they do want with those taxes. Implementation is there if they do wanted into it is just that prone to misuse or corruption and even its already that obvious they are still that trying out to deny it on which its too shameful. Taxation is something that pertains about economical development of a certain country on which these funds would be coming from the taxes from its citizens. If it wasnt that strictly impose then this will be that beneficial into those business owners or suppliers because deductions will be just that low or not that much on which this is that an advantage for them but in speaking about on the revenue that they do able to accumulate then it will be taking a toll into the country itself and thats not a good news. On the moment that you've seen that there's no progress about economical aspect and there's no such movement for the benefit of its citizens then it will be that much better that you should be not minding or hoping about those actions that they will be that needing to do, but instead you should be that mindful on your own actions on which making up yourself that trying out to do that will benefit you on long term. Im not saying on not to hope for the government but if you do saw up such kind of situation then its much better that you do make actions on which you do know that benefits you on long term. Country development will be slowed down on this case if taxation isnt that properly organized.