The Role and Importance of Taxes in Fiscal Policy

Abstract

The Issues related to the improvement of the tax system are important for the economic development of Georgia. The economic growth of the country, sustainable economic development, the solution of the social problems facing the country depend on the formation of the tax system. The issues related to the improvement of the tax system are always and will always be an important issue for the country's economy. The article discusses the modern tax system, tax functions, it is noted that the effective implementation of tax functions is unthinkable without such basic principles as fairness (equity), efficiency, solvency. At the same time, it is noted, that the tax system and tax policy of Georgia is based on the experience of countries with developed market economies abroad and is focused on promoting the socio-economic development of our country, improving its fiscal policy. Keywords: Taxes, fiscal policy, tax system, tax code.