persuasive speech, english assignment help

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Should we cut taxes for the rich

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RUNNING HEAD: SHOULD WE CUT TAXES FOR THE RICH
Should we cut taxes for the Rich?
Money belongs to the people who earn it. Rich people make efforts to earn and make
money, using their investment, knowledge, as well as business risk. We agree to give up a
portion of wealth in order to pay for such public goods and services, but not all the money that
has been earned. Tax cuts should not make a negative impact on government earning in form of
quantity and quality of these goods and services. It is also a known fact that private individuals
make money more efficiently than Government do. Personal goodwill, business reputation built
over a long time and social and economic assets are used for this purpose. Business networking
also plays an important role. Regional economic space factors are used with individual wisdom
by big businessmen. It is therefore safely said that money will do more good for more people in
private hands than in government hands.
Everybody is liable to pay taxes, rich or poor alike. It is generally accepted that rich pay
higher taxes as compared to low-income families. Most low-income household do not pay
federal income taxes, typically because their income is lower than the combination of their
allowed standard deduction and their personal and dependent exemptions, or because they
receive substantial rebates. Taxation is important to society because the government uses the tax
collected to fund projects related to health care systems, education systems, and public
transports. Also, the money collected can also be used to give unemployment benefits, pensions,
and other matters that can benefit the society as a whole. Without tax, the government would not
be able to fund the essential projects and services that people require.
Taxation is the process by which the government imposes charges on citizens and
corporate businesses. The charges collected by the government are used to fund different
government projects that would in the end benefit the citizens of ...


Anonymous
Very useful material for studying!

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