Taxes

In most legislations, taxes arise exclusively through the “tax power of the State” which is the creditor. Generally taxes are mandatory burdens for people and companies. A guiding principle, called “contributory capacity,” suggests that those who have the most should contribute to a greater extent to state financing, to enshrine the constitutional principle of equity and the social principle of freedom.

The main objective of taxes is to finance public spending: construction of infrastructure (transport, energy distribution), providing public services such as health, education, citizen security, police, defense, social protection systems (retirement, unemployment benefits , disability), etc.

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