The contribution of personal income tax to the formation of public financial resources

The topicality of the subject derives from the crucial role of taxation in the development of the economies of modern states and in extending their influence, regardless of the source of taxes - whether provided by their citizens or those of other states in various forms of dependence on the state in question. No effective alternative to taxation has been found for financing and supporting the state thus far. The purpose of the research lies in the need to understand in depth the role and impact of income tax on the formation of public financial resources, given current social, economic and political developments. The research methodology incorporates such methods of investigation as systemic analysis (analysis of elements and events as a whole), functional approaches (analysis of functions performed and effects produced), the method of comparison, diachronic analysis (analysis of changes in the structure of the subject under investigation over time).