What is your opinion on today's economy?
- JustCraftyposted 11 years ago
0 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
What do you guys think?
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