127k views
5 votes
Write two sentences to explain how taxes support the economy. plz use 2 or more sentences and NO answers from another website

User RanP
by
5.8k points

2 Answers

4 votes

Answer:

You respond, “It rang up as $4.27 because of tax. (Write two sentences to explain what taxes are.)"

Step-by-step explanation:

User Anandu Viswan
by
6.8k points
4 votes

Answer:

Besides paying for public services, taxes also help with the social agreement and bond between the economy and the citizens.

Taxes add to a country’s GDP or Gross Domestic Product. As a result of this contribution, taxes help the growth of the economy, which spreads on to the economy of the country, for instance an increase in the creation of jobs for citizens, a rise in the standard of living, and much more.

Step-by-step explanation:

User Astronaut
by
6.8k points