Not a Time For Taxes

Bad Timing
With the bad sparing continuing and our nations debt increasing, the government activity is looking for any way to help both. The one theme that is being favored is raising levyes, this solely non a good idea and its definitely non the solution. There atomic number 18 countless reasons why we shouldnt raise taxes but I am going to present to you five simple reasons.
The outset and most obvious reason is raising taxes while the economy is doing so poorly is a horrible idea. With the poor economy, victorious more(prenominal) money out of the consumers pocket is not a good idea. The country would react negatively if taxes were to be raised because prices of necessities are already rising and the quantity continues to fall. ski tow taxes would draw the country to save more and spend less, with the skepticism in todays economy and job market. More taxes are simply going to equal a slow economy, which would effect jobs and force the unemployment rate to rise.
Not only will raising taxes pass water a immediate effect but it will to a fault effect long term economic growth. During the present, people do to economic incentives much(prenominal) as tax breaks for buying environment friendly appliances and electronics. If taxes were to be raised it would force corporations to further rap jobs to save money and cause a lot of professiones to fail.



Then, the business environment would suffer because it would become less competitive. The major tax that is being talked about is the taxing of the plenteous, many people postulate to tax the rich simple because they can afford it. This raises questions such as: Is it right to tax citizens just because they are prospering? Is it a simple form of punishment to tax the rich just because they can afford it?. Its simple just not fair to tax people more because they worked harder to arrest more and punishing people for being successful is going to have negative effect. If we did tax the wealthy more, would they still donate to charities who wager on these donations to keep going. The...If you want to get a upright essay, order it on our website: Orderessay



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