To Tax or Not to Tax

To Tax or Not to Tax The line of work of America M unmatchedy, like a cookie, is something everybody wants, and when it is gone a person blames everybody else for its absence seizure realizing later they were the one to consume it in the first place. Taxes, since the beginning of an organized miserliness, have been argued everyplace for centuries. At the give the sack of 2012 after surviving the end of the world, measure payers were faced with a nonher apocalyptic situation, the financial Cliff.It had the strength to chevvy taxes to outrageous rates, and despite the dismissal of the Cliff, the issue had just been pushed onto the back burner of the economy and go away be readdressed later this year. On one hand, by retentivity low taxes the state is unable to create a sufficient measurement of capital to pay off its debt. Instead, many large number argue that by height taxes the increased prices of items will actually harm the estates economic rec overy (Russell).Taxes should be increased because facing the national debt is undeniable and the country is will be unable to recover from the mounting debt until its citizens help bring it back from its economic grave. Taxes be directly affiliated to the economy of a nation, and due to this many people argue that the presidential term needs to emasculated spending on establishment programs that are cause the debt to increase. Yet, it was revealed that automatic budget cuts were part of the Fiscal Cliff, and would have saved $109 billion in federal spending on defense and non-defense programs alike. President To make believe Argument For Fiscal CliffPlans). Ironically, people argued that the government needs to cut, exactly as it was revealed that is exactly what the cliff was aiming to do. The Fiscal Cliff could have cut unnecessary costs causing the debt to lessen, and in turn reduced sleeveless deficits (Dixon). This reduction wad decrease the debt but even with the removal of these progr ams the wide debt the nation has would be unable to be quickly and efficiently interpreted care of at current tax rates.This proves that cutting costs can non solely help the economic situation. Despite this, the resulting chain reply caused by cutting certain budgets benefits the United States overall because it organizes the spending of the nation and can prevent unnecessary costs. By going over the Cliff, one possibility is that the nation could fall into a recession. Yet, the government discussed the possibility of raising taxes on the rich to make up for taxes that could be placed on the middle class.Economists, who have analyzed the possible effects of going over this cliff, argue that this would result in preventing the economy from completely going over (Cohen). Although, taxes will have to be aerodynamic liftd on everybody anyways due to fresh enacted health care programs. This tax raise is justifiable because these new programs are meant to help citizens but it is unl ikely for things to come without a price, though the people support the government the government should not support the people, (Cleveland).This plan to raise taxes by 39% is actually an advantage for tax payers because it will be made permanent meaning that after families adjust to the new income meter they will receive, after taxes have been removed from the overall amount, they will not have to worry about organism faced with another scramble to extend tax policies in the future (Ohlemacher). The certainty this can deliver the goods families with a regular tax plan they can adjust to without study changes in the future. The economic world can be both a clam sea and a brewing storm, although with a consistent tax plan tax payers will be able to comfortably sheet this reliable ocean.Often, before acting, one looks to the examples of others for guidance for the mistakes of others will not be theirs. Britain has remained the main nation America looks at when discussing politics and this was turn out no different when discussing economics. Conceders have argued that raising taxes would not fix anything, as proven by the British example. In 2010 Cameron took office, axing the governments budget, a potential plan in the Fiscal Cliff, yet the gross domestic product is below the level it had been at when Cameron had started (Brown).This comparison proves inaccurate because governments are individualist and many factors, such as the executives chosen in the government and the differing economies or markets in each country, could affect the result of certain decisions. Britains unhealthiness is specifically due to a lack of demand not of supply, go game Posen, a specialist in British economics, argued, and the U. S. cannot be properly compared to the parliamentary government of Britain (Brown). If the government was to raise taxes it is not guaranteed that it would result negatively on the economy as a whole.Actually, by raising taxes the nation is being give n a chance to reform the tax code and lead the base in the future (Cohen). A trip to the drawing maturate of economics combined with an on the dot tax plan could bring down the economy of America instead of resulting in disaster as many people against the raise in taxes have argued. To tax or not to tax that is the problem. Despite arguments for a decrease in taxes it is clear that if the government ignores the demand for money to appease the increasing debt then the economy will fall into a harsh depression that will become harder to fix.Citizens cast off their safety in the hands of the government, they repose their childrens safety in the hands of the government, they put their education in the hands of the government, and they put their money in the hands of the government. Why then can they not put their trust? Taxes should be raises so that the deficit does not increase to a larger rate. It is time to start refilling the empty bank of American. plant life Cited Brown, Abr am. The Argument Against Fiscal Cliff Austerity Just Look At Britains Mess. Forbes.Forbes Magazine, 24 Dec. 2012. Web. 24 Jan. 2013. Cleveland, Grover. Quote Though the People Support the regime the Government Should Not Support the People on Quotations Book. N. p. , n. d. Web. 16 Feb. 2013. Cohen, Tom. Fiscal Cliff What Isnt Said Tells More than Actual Words. CNN. Cable News Network, 07 Dec. 2012. Web. 24 Jan. 2013. Dixon, Kim. Analysis Fiscal Cliff Deal Called a Dud on famine Front. Chicago Tribune. Chicago Tribune, 01 Jan. 2013. Web. 24 Jan. 2013. Dubay, Curtis S. Send This Report to a Friend. The heritage Foundation. The Heritage Foundation, 9 Jan. 2013. Web. 24 Jan. 2013. Ohlemacher, Stephen. Fiscal Cliff Deal lead Raise Taxes On 77 Percent Of Americans Tax Policy union Analysis. The Huffington Post. TheHuffingtonPost. com, 02Jan. 2013. Web. 24 Jan. 2013. President To Make Argument For Fiscal CliffPlans. open frame News for Black America. News One, 27 Nov. 2012. Web. 24 Jan. 2013. Russell, Don. A turn over Concise Look at the Fiscal Cliff Controversy. Examiner. com. Examiner, 4 Dec. 2012. Web. 24 Jan. 2013.