What are Tax Returns?
We all have to work for a living. That is a fact that we all have to accept in the world we currently live in. It is because if we do not work, we will not earn money and if we do not have money, we cannot buy the necessary things we need in order for us to survive like food, water, clothing and shelter.
These are the basic necessities that we need when it comes to our survival and these things are not for free and have to be bought all the time. That is why we work for a living because the services and hard work that we render to the company that we work for is paying us money as our compensation for the things that we contribute to the family.
There are lots of deductions when it comes to our salaries, this is another thing that we have to know. It is because the government deducts our monthly tax returns so that the government will earn money for the city and for themselves. It is because the government does not have any other way to earn money legitimately but Tax Return.
Every person that has a legitimate job for a legitimate company whether it be in the private sector or in the government sector are all required to submit and remit their tax returns on time. Most of the time, the deductions of the people's tax returns are automatically deducted from their monthly salary to avoid any delays and for them to avoid being listed as tax evaders. It is because when a certain person does not remit their tax returns even just for a month is considered a violation of the law or the labor code of the city in which there are heavy consequences that has to be paid.
That is why people today do not really mind paying their tax returns all the time because they understand that without money, their government would cease to exist and they cannot work anymore. Tax returns are also the main reason why we have lots of infrastructures, roads, railways, and even bridges because the government uses the tax returns we remit every month for the beautification and the betterment of the city that the people live in. So that is what Tax Return are all about and why they are really important to the government.
Find out more at https://www.youtube.com/watch?v=ipagBLfkcis .