Balancing Research Funding and Public Benefit: A Call for Innovative Solutions in Government Tax Utilization


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Humans are the greatest creatures in the whole creation, and like to research, innovate, and create new creations with modern science and technology. Scientists are exploring new information about our universe and the multiverse. They are launching satellites into space to know more about our space and finding new living alternatives for us, finding the threats of steroids, and trying to understand the atmosphere of space, and many more activities by observing our planet through satellites. Deep-sea research and other oil, gas, and elements research have been done by scientists for a long time. All this research costs money and which is a huge amount of billions of dollars every year. All governments are accumulating these costs from the taxes of their citizens. Because it has no direct visible income to manage its activities, all government costs are borne by public taxes, including these types of research. Unfortunately, people are getting a direct benefit from this research. The tax should be utilized for the betterment of the taxpayer. Here is the big question: Is it the way to utilize and justify the taxpayer tax? Or something else! Some medical research is well-equipped and can see the utilization for the present or the near future.

The people of the world are facing various problems and obstacles in living, and struggling day after day. There are a lot of things to do for their betterment, something more initiative and productive, which can be accomplished from that tax instead of costing for the research, either in space or on earth. Because they are the most entitled to get the benefit from that tax, as they were the taxpayer. I think the government should take some initiative to raise funds for the research by implementing some industrial projects where the government can get the business profit and use that for research purposes, and people can benefit from the institution or organizations. More practical and long-term vision initiatives for the better use of that tax could bring a solution for both. The government can also implement some more commercial projects or institutions as its income sources for its governing costs, and also for research activities. And from that, people also get a direct benefit from that institute or organization.

There is no doubt that research is required both in space and on Earth. Without research and intervention, the nation will lose its sustainability and longevity because the rising population for limited resources is now at stake. But ignoring the betterment of the people and using their money, which comes from their taxes, spending on research is also not a good idea at all. The government should think deeply, how these two, research and people’s benefit, combined in a commercial and profitable business institution or organization to carry out the research and betterment of the people together. It’s the government’s responsibility to determine how it can reduce the dependence on taxes for research. Being too dependent on taxes for research could affect the developing progress of country, which is another big concern. As the research always costs billions of dollars, it must be ensured that the accumulated money for the research comes along with the prosperity of the country. Now is the time to find or raise new income sources for the government to maintain the research work and the development of the country together in a long-term vision and mission.

Thanks for Reading



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