How U.K. taxes are “used to achieve government objectives”, giving examples of specific taxes and how they are designed to achieve particular government objectives.

Description

In the 21st century, taxes are “used to achieve a number of government objectives as well as to raise revenue to fund its public spending and to repay its…borrowing. In modern Britain taxation has become completely embedded in our society. Without taxation, the country would cease to operate. Whilst few people would say they like to pay taxes, their presence provides the foundation for an orderly, well managed country.”

Critically analyse the following in relation to the statement above:

1) How U.K. taxes are “used to achieve government objectives”, giving examples of specific taxes and how they are designed to achieve particular government objectives;

2) How U.K. taxes are used “to raise revenue to fund its public spending”; and

3) whether taxation in the U.K. “provides the foundation for an orderly, well managed country”.

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