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Question
5 people do not like to pay taxes, according to economists, because of all of the following except the costs of taxes are obvious, while the benefits are not. the benefits of paying taxes are obvious while the costs are harder to measure. the link between our spending costs and benefits is broken when it comes to paying taxes. government can force us to pay taxes while other monetary transactions are voluntary.
When people pay taxes, the cost (the amount of money paid) is often clearly visible (e.g., a tax deduction from a paycheck). However, the benefits (such as improved infrastructure, public services) are less directly tied and not as immediately obvious in a one - to - one sense as in a normal voluntary transaction. Also, in normal voluntary monetary transactions, there is a more direct link between what you spend (cost) and what you get (benefit), which is broken in the case of taxes. And taxes are compulsory (government can enforce payment), while most other monetary transactions are voluntary. The option “the benefits of paying taxes are obvious while the costs are harder to measure” goes against the typical perception (costs are more obvious in a direct sense for taxpayers).
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the benefits of paying taxes are obvious while the costs are harder to measure.