Politics refers to the way a country is governed and how its government makes rules and laws for the citizens. Meanwhile, taxation refers to the practice of government collecting money from citizens based on their earnings and property to pay for public services. Without taxation, a country might not have public libraries, parks, or public transport.
Politics, tax, and government can be said as the backbone of any country. The problem is, from news and updates we often learn that these three things can be the most controversial topics that put headache to people, making them ignorant with their country’s political situation or taxation issues.
What about you? How important is getting updated about politics and taxation to you?
Jonathan Dolen, an online political science professor at Grantham University, said that “the subjects” might be totally not glamorous for some and people might also be apathetic toward it. Yet, there are three major reasons why you should totally care about politics. Here’s why:
Reason #1 Politics impact nearly every aspect of your life
Politics impacts nearly every aspect of life because the laws government made have a huge influence in the way we do daily activities, ranging from what the price of food material at stores, the salary we earn, to what we can purchase. By having knowledge on this topic, you can help determine the best course of action for yourself or your surroundings.
Further, by understanding politics, you will have better knowledge about taxation rules and regulations, thus, helping you prepare for the worst. For example, when the government increases the tax on a certain car, you can calculate if buying the car is worth it and suitable for your lifestyle.
Especially as an employee, said Tim Worstall, you should understand taxation better as it allows you to not be misdirected. As an example, employees constantly believe that they are responsible for paying certain tax while in reality, it is the company that is responsible to pay the tax. Therefore, to really understand how the business system works, you need to understand how taxation works.
Reason #2 Politics help you become a better voter
Having knowledge of politics helps make you an informed voter because it is important to go to the polls armed with the facts so you will not choose wrong. In addition, being an informed individual, according to Dolen, should not necessarily read and follow every news. Instead, you should do some independent research which will give you peace of mind that you have done your homework prior to casting your ballot.
Reason #3 Politics are entertaining
Some people believe that politics can be entertaining. Well, it might not be as entertaining as going out with your friends, but politics can be fun to some extent. You can stay ahead in your social status and include yourself in an insightful debate about political issues and scandal.