The practice of American government in collecting tax from its citizen as well as borrowing debt to finance important project has been in practice since the Era of independence.
Majority of country in the world borrows loan from international institution such as world bank to finance current expenditure such as project, paument of salaries in the country.
Tax revenue is also necessary to be collected because its create an inflow of income for the Federal government to finance several project and build reserves.
Therefore, the current practice of the Federal government in collection of Tax and borrowing of debt is perfect.
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