Taxes
Taxes are the money that is paid to the government to keep social services running in order. They are usually a percentage of your income and change greatly in price depending on your wealth and real estate (houses, apartments, etc.). If you are rich then you pay more taxes than people who are poor.
Taxes are a way of rewarding the government for its job in the community. The money received by the government is then distributed to everyone working for the country and some of it is kept.
Subsidies
Subsidies are money that is paid to people by the government for doing something that is risky and not profitable for them but has benefits for society and the government. For example, electric cars, which are better for the environment, are more expensive to produce than normal cars. In these cases, the government might want to have a cleaner city and offers the company that makes the cars a subsidy, which is some money to make the making of the cars profitable for the company. This is also the case with farmers who want to farm and don't have the money to do so. The government then gives them money to farm on a field.
Comments
Post a Comment