Question : Taxes are as certain as death because
Option 1: They constitute the major source of government revenue
Option 2: The government have no other source of revenue
Option 3: Most Public sector undertakings (PSUs) are run inefficiently
Option 4: The government has its budget constraints
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Correct Answer: They constitute the major source of government revenue
Solution : The correct answer is They constitute the major source of government revenue .
Taxation is an unavoidable feature of every contemporary society. Governments require taxation to fund essential public services, maintain infrastructure, and sustain social programs. These critical services would not be available without taxes. Taxation is another tool to redistribute wealth and alleviate inequality. Governments may help the poor and middle class by taxing the affluent and businesses more heavily.
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