TAX

Tax is very important for country’s economy development. A tax is a payment paid to the government by the person for his income on the year. Only applicable persons needed to pay the tax to the government. The amount paid, is used by the government for the country’s development purpose. If person failing to pay tax is offence and the tax money which is not paid will be considered as black money. So paying tax is duty of every citizen of country. Every country has its own rules and regulations regarding tax. American government has different rules compared to other countries in amount to be paid, which age groups pay more tax and in many ways it differs. For details about tax and its benefits visit generational equity. I assure you this generational foundation helps you regarding tax and its policy.