In: Economics
1. Please list and discuss nine services and products that are provided to all people in our country "free" at the point of sale, (with the costs paid for by taxation).
2. Which one service or product on your list is the most important, in your opinion? Why?
3. Which one service or product on your list is the least important, in your opinion? Why?
4. If you had to add one more service or product on to the list, what would you add? Why? Why did you choose this service or product over all others?
1, government levy taxes from free services such as police protection, health care, education, road and infrastructure, govt goods, postal Service, free subsidies, govt pensions, tax levied on border cross within country. These are some of the taxes levied by govt for free services. This collected tax is used for beneficial expenditure by govt.these revenue used in all development purposes and other services within country. 2, I choose health service, because health is an essential thing other than all. When their is good health in country, people could active and it helps in the development of country. 3, taxes paid by the govt in free subsidies to agriculture, and other sectors like animal husbandry, cotton cultivation etc.. This initiative is introduced to enhance people to increase their yield, from this,taxes levied by the govt is unimportant and unnecessary. Their is other taxes adapted in goods such Value added tax, sales tax are acceptable. These are levied when goods come in market. 4, Govt can levy taxes from free ration provided to people, this could help to accommodate large fiscal . Because most of the developed countries people are freed to pay cess on rations provided by the govt. Imposing tax on it accompy large income to govt. Countries like india have high agriculture yield , but their economy is still weak, people get free rations, some people doesn't engage in job, they enjoyed govt free ration schemes, so that didn't need to do Jobes for food. This is also a major reason of unemployment in country.