In most cases the budget of a country is held annually, and so it needs to exist to enable a country to grow in all aspects of development. Implementation of any budget is in a great way made possible by people who venture in businesses. Therefore the state must come with defined methods to ensure that businesses have performed well.
Without the taxpayers way of paying taxes than the citizens will not be in a position to enjoy the services from the government. It is always prescribed for the date that the business or the person pay tax. Penalty as a form of punishment due to failure of not meeting the deadline of paying tax is something common. Many people are dejected from venturing into business by the fact that there are no tax incentives existing; hence they are discouraged. Levying less tax for the dividends will enable many people who have the interest of buying shares to be more. Maximizing on the dividends returns is something common with the shareholders as it the motive. Take the case where the state charge high tax rates on dividends this has the effect of not having many people buying shares.
The state may come up with projects that some are favorable while others are not favorable. the state should always remain a position to budget projects that will have a positive impact on the taxpayers. some people cannot build houses or rent even a single house to live in. People who are unable to rent a house should be taken care of by the government by way of having a budget that advocates for affordable houses. Having shelter under the roof enables the economy of any country to grow well. It should not be that people will be left with a lot of accumulated loans that finance the affordable housing project.
The fact that health is paramount, the government should consider having strong measures to battle health problems. In any budget of the government there should be the considerations of money to fight diseases. The only way that the government can counter diseases that comes unware is by it setting a lot of money for that purpose. If the government has to develop then the health of people must be considered and taken care of.
Tourism plays a key role in the collection of revenue to any state. The state can always find it necessary to budget the tourism sector by building archaeological sites. The fact that tourists are attracted to archaeological sites that becomes a major source of income.