Tax System

It has been a long time to be remembered when the Americans gave their appreciation to the government that serves them. For the last six years, the American government has been making their citizens feel so frustrated and angry.

This BMW Essay, therefore, seeks to analyze the role of government of Germany as it relates to the BMW Group based on Taxes, regulatory compliance, industry-government coalitions, the creation of industrial and political leadership, labor policies, education policies, and health and insurance.

You are free to read our essay on taxation. Consumption tax is a levy on the expenditure on goods and services rendered. This form of tax is usually indirect, and there are several types.

Governments play a crucial role in the improvement of the welfare of citizens and the stabilization of economies in various ways. There is need to appreciate the efforts that governments and citizens play in the stability of economies and how they help in improving the quality of lives of the citizens (Hyman, 2014). In order to understand the role of governments in the economy, there is need to understand the goals and priorities of the local government goods and services.

Robert Frank, in his article Do the Wealthy Pay Lower Taxes than the Middle Class portrays the issue of social stratification in the United States by examining the tax paying differences between the wealthy and the poor. He states that the poor pay more taxes as compared to the rich especially since the wealthy (upper class) have a flat rate for paying their taxes while the poor (lower class) have their tax charges increased with compliance to an enhancement in their income.

The federal government of the United States has the power to charge and collect taxes, imposts, excises and duties. The taxes charged are used to raise revenue. The tax sources that are most valuable to the federal government are individual income taxes and payroll taxes. The state governments have the power to charge and collect taxes but in line with the requirements of the law passed by the federal government.