Essay On Why Americans Should Not Pay More Taxes
“The hardest thing in the world to understand is the income tax.” -Albert Einstein. Many lower class Americans feel they shouldn’t have to pay as much taxes as the upper class. A tax (from the latin taxo; “rate”) is a financial charge or levy imposed upon a citizen of a state or the functional equivalent of a state to fund public expenditures. It is not right for the American Federal Government to tax the rich more than everyone else to get America out of debt and to pay for our country's needs because not all rich people were handed their money, there are other ways to eliminate America’s debt, and the rich would stop supporting the local and non federal foundations, churches, and other people not supported federally by the government. If someone comes up from nothing and makes loads of money through hard work and their time it is not right for them to pay more taxes than the lower
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They don’t see why the government takes the same percent of their money as the rich people because they don’t have enough money for themselves and their family. The government created tax breaks and support the poor with welfare for this very reason, but just because the Federal Government supports the poor doesn’t mean the rich should suffer by paying a higher percentage of the money they have back to the government. Raising taxes would, in the short run, help the economy a little bit, but then that government would just spend more. This would just take more money from the rich people and they will not want to volunteer to give their money to help the poor and needy. Did you know the typical ultra-high net worth philanthropist donates twenty five million over the course of their lifetime, according to a new study, more than ten percent of their net worth. Once they start getting taxed more that number is gonna drop by millions of
They don’t see why the government takes the same percent of their money as the rich people because they don’t have enough money for themselves and their family. The government created tax breaks and support the poor with welfare for this very reason, but just because the Federal Government supports the poor doesn’t mean the rich should suffer by paying a higher percentage of the money they have back to the government. Raising taxes would, in the short run, help the economy a little bit, but then that government would just spend more. This would just take more money from the rich people and they will not want to volunteer to give their money to help the poor and needy. Did you know the typical ultra-high net worth philanthropist donates twenty five million over the course of their lifetime, according to a new study, more than ten percent of their net worth. Once they start getting taxed more that number is gonna drop by millions of