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What is your opinion on today's economy?

  1. profile image0
    JustCraftyposted 4 years ago

    I just finished doing my taxes for this year and was horrified at the amount of taxes that the governement had already taken from me and still wanted me to pay for the privalege of working to support myself and people who don't work.

    I think the economy would be booming if the government would let us actually keep a little of the money we work so hard to get but don't get to use ourselves.

    What is your opinion?

  2. innersmiff profile image74
    innersmiffposted 4 years ago

    Cut it all, cut it all!

  3. Kathryn L Hill profile image81
    Kathryn L Hillposted 4 years ago

    Taxes are bad enough. Too many taxes are murder. If not physically, spiritually and psychologically...

  4. Fresh Ploon profile image81
    Fresh Ploonposted 4 years ago

    Taxes are both good and bad, it's finding the balance that's the tricky part I'm afraid. To increase taxes in hope to generate Government revenue is a lazy and hopeless task because nobody likes tax raises. People earn their hard earned penny by working long hours week in week out, and when the Government increases that tax, it's certainly not going to bode well with the taxpayer. The Government needs to find the right balance of how much to tax to charge, and who to tax.

    The average working man says tax the rich more, tax the rich more. Now, I can fully understand why one might say this, but, I'm guessing they're rich for a reason. They've most likely come from nowwhere and have consequently build up some sort of business - what I'm essentially saying is, they've earnt their pennies just as hard as the working class man in which they hard working business man is now reaping the rewards that capitalism brings. So they should now repay society with all their riches through increased taxes? That's not fair really since they pay millions in tax anyways, if you tax the rich more, you create a bigger problem, and that is, they move abroad where tax is lower.

    This is one of many many problems the Government today faces, I'm glad I'm not a politician smile

    What do you guys think?