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lovely College Paper posted:There is also the problem of increasing taxes every time we need money. As a population grows, more tax money is needed to take care of the population. It seems logical then that raising taxes is the best route. Well, let us look at this from a purely logical and common sense approach. As an example, let us take a country of 20 people. The government needs 1 percent of the total income to support two people so the current tax would be set at 10 percent. Say this population grows to 40 and the government needs to account for the growth so they raise their taxes to 20 percent. Soon the population hits 100 and has a tax of 50 percent. Eventually, there are 200 people in this country, and the government raises taxes to 100 percent. Does this make any sense? But how can the government account for the extra money needed if not through tax increases?
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# ¿ Jun 15, 2011 15:15 |
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# ¿ May 10, 2024 13:46 |