Lakhasly

Online English Summarizer tool, free and accurate!

Summarize result (82%)

The first objective is to promote investment and economic growth.Therefore, the government often cuts import taxes and offers tax incentives to enhance economic integration between countries and promote investment in production.Thus, the state uses taxes to correct inflation by reducing taxes on factors of production, stimulating investment in products, and increasing taxes on consumer goods.For example, when the economy is in recession, the state will have tax reduction policies to encourage and promote production investment and when the economy is stable, the state will increase adjustment taxes to avoid inflation.When the economy has a clear gap between rich and poor, the government needs to use taxes to reduce the gap between rich and poor through subsidy packages or income tax or consumption tax.The government reduces taxes on consumer goods and essential services and increases taxes on luxury goods to redistribute the income of the rich.The next goal of using taxes to adjust the macro-economy is to stabilize prices and control inflation.The use of import and export tax is essential to protect domestic products from fierce competition of imported products.The state levies very low taxes on exports to stimulate domestic production to develop and expand exports to the outside world.Through this goal, the government uses taxes to adjust policies flexibly to suit each certain period.However, the tax increase will not guarantee the original price stabilization goal if the product is pushed up. The third goal is to redistribute social income and wealth.


Original text

The first objective is to promote investment and economic growth. Through this goal, the government uses taxes to adjust policies flexibly to suit each certain period. For example, when the economy is in recession, the state will have tax reduction policies to encourage and promote production investment and when the economy is stable, the state will increase adjustment taxes to avoid inflation. The next goal of using taxes to adjust the macro-economy is to stabilize prices and control inflation. The cause of inflation here may be due to supply and demand causing product prices to increase or input costs to increase. Thus, the state uses taxes to correct inflation by reducing taxes on factors of production, stimulating investment in products, and increasing taxes on consumer goods. However, the tax increase will not guarantee the original price stabilization goal if the product is pushed up. The third goal is to redistribute social income and wealth. When the economy has a clear gap between rich and poor, the government needs to use taxes to reduce the gap between rich and poor through subsidy packages or income tax or consumption tax. The government reduces taxes on consumer goods and essential services and increases taxes on luxury goods to redistribute the income of the rich. The ultimate goal is to protect domestic production and create conditions. international economic integration. The use of import and export tax is essential to protect domestic products from fierce competition of imported products. The state levies very low taxes on exports to stimulate domestic production to develop and expand exports to the outside world. However, the trend of economic integration is developing strongly. Therefore, the government often cuts import taxes and offers tax incentives to enhance economic integration between countries and promote investment in production. In addition, establish tax agreements to avoid the problem of double taxation.


Summarize English and Arabic text online

Summarize text automatically

Summarize English and Arabic text using the statistical algorithm and sorting sentences based on its importance

Download Summary

You can download the summary result with one of any available formats such as PDF,DOCX and TXT

Permanent URL

ٌYou can share the summary link easily, we keep the summary on the website for future reference,except for private summaries.

Other Features

We are working on adding new features to make summarization more easy and accurate


Latest summaries

إن من المكارم ا...

إن من المكارم العظيمة، والفضائل الجسيمة: البر والإحسان إلى الضعفاء، ورعاية حقوقهم، والقيام بواجباتهم...

ناسا دائما تتحف...

ناسا دائما تتحفنا بمعلومات كثيرة، وذكرت بعضها، يبدو وكأن ناسا أصبحت أداة لدغدغة املشاعر ال أكثر فما ...

Le fait divers,...

Le fait divers, orthographié aussi fait-divers (événements appelés également les chiens écrasés en a...

الشريعة الإسلام...

الشريعة الإسلامية: تشير إلى ما شرعه الله لعباده المسلمين من ونواهي أوامر والحرام والمباح، وهي الأح...

هناك الكثير من ...

هناك الكثير من المعلومات الخاطئة حول الطاقة النووية ، لذلك قد لا يدرك الكثير منا أن للطاقة النووية م...

أولا: النظرية ا...

أولا: النظرية الفطرية: Nativistic Theory اللغة عبارة عن نظام يتمثل في النظام الصوتي والنظام النحوي...

يُعرّف تلوث الم...

يُعرّف تلوث الماء بأنه حدوث تغييرات في طبيعة الماء ونوعيّته وخصائصه مما يجعله غير صالح للاستخدام، إذ...

في تساول من أحد...

في تساول من أحد الإخوة عن إصراري الدائم على الرقم واحد رغم صعوبة تحقيق ذلك في المجالات كافة، أجبته ب...

السوابق القضائي...

السوابق القضائية وهي القرارات التي تصدرها المحاكم عند الفصل فيما يعرض عليها من قضايا ، كما أيضا يقصد...

وكان قد درس سمو...

وكان قد درس سموه قبلها القرآن لدى الشيخ فارس ابن عبد الرحمن. وفي العام 1954 انضم صاحب السمو حاكم الش...

‏ فعلى ‏الأسرة ...

‏ فعلى ‏الأسرة أن توفير ظروف ‏التعلم للتلميذ كما أن ‏الجماعة والدولة مسؤولة عن توفير المرافق التعليم...

In his chamber ...

In his chamber the doctor sat up in his high bed. He had on his dressing- gown of red watered silk t...