Monday, July 25, 2011

Death and Taxes

There is much debate in our country over the right amount of taxes for our citizens.  How much should we be taxed, which economic classes should pay more or less, and what kinds of things should we be taxed on?  Taxes are always a hot topic, but have become especially prominent of late in the discussions regarding the debt ceiling.    Some believe that raising taxes is the answer to the problem, while others believe that extraneous government programs are the problem.  The answer most likely lies somewhere in between, but before we can find that answer America must realize that paying taxes is an inevitability we must accept.

They say two things in life are sure- death and taxes.  The latter seems to some to be as undesirable as the former.  The bottom line is that every Government needs revenue.  In order to run programs and keep the country safe the Government NEEDS taxes.  There are two sides to the Government equation, one being expenses and the other being revenue.  Republicans refuse to budge on tax issues such as the tax cuts for the wealthiest 1 percent of the nation, which could potentially bring in millions of dollars in Government revenue.  We must all pay taxes, so why should this wealthiest percentage be entitled to a break?  We pay these taxes for the betterment of the greater good, and everyone must contribute for this country to continue to run smoothly.

 In England and many other European nations, a "value added tax" is added to all items sold.  This tax is 12.5 percent in England and runs up to 15 percent in other European nations.  Europeans realize this is a necessary evil to keep up the revenue column.  We would have a collective cow in America if a tax like this was levied.  We may not need this large of taxes, but we need to stop complaining about the ones we have.  Taxes are not  always the most popular agenda, but grow up America.  How else are we supposed to make money?

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