Tax rates have been a debatable topic for centuries. Some people think that a high tax rate should be applied by the governments in order to improve the overall local amenities. I agree that a high tariff can be used to improve public services, however, there should be a limit on the tax rate.
Having a good public service is depending on the taxation revenue of a country. This means that if the people of a country pay a high amount of tax yearly, we can assure that the general services of that nation such as transportation, healthcare, and education, provided will be excellent as the government has the fund to maintain such services. In German, for instance, people are able to access all the health centres without any charges as it is funded by the revenue from taxation. That is why governments should have implemented a high tax rate for everyone.
There should be a limit, however, on how much an individual or company should be taxed. Although someone with a higher income should be taxed higher, the government must be fair in creating a certain limit of tax rate so that the taxpayers will not be de-motivated and can still continue to work. This example can be seen in Singapore, where the motivation index of the taxpayers in paying the tax is increased as they are given some incentives by the government. Therefore, it is essential to create such a limitation for all individuals who pay the tax.
In conclusion, this essay discussed why it is good for governments to apply a high tax rate as it improves the quality of the local amenities, however, there should be a limitation on the rate to be taxed. In my opinion, the government should tax the people based on their income so that the taxpayers will continue to pay and the public services will also be maintained well.
Tax
rates
have been a debatable topic for centuries.
Some
people
think
that a
high
tax
rate
should
be applied
by the
governments
in order to
improve
the
overall
local amenities. I
agree
that a
high
tariff can be
used
to
improve
public
services
,
however
, there should be a limit on the
tax
rate.
Having a
good
public
service
is depending
on the taxation revenue of a country. This means that if the
people
of a country pay a
high
amount of
tax
yearly, we can assure that the general
services
of that nation such as transportation, healthcare, and education, provided will be excellent as the
government
has the fund to maintain such
services
. In German,
for instance
,
people
are able to access all the health
centres
without any charges as it
is funded
by the revenue from taxation.
That is
why
governments
should have implemented a
high
tax
rate
for everyone.
There should be a limit,
however
, on how much an individual or
company
should
be taxed
. Although someone with a higher income should
be taxed
higher, the
government
must
be
fair
in creating a certain limit of
tax
rate
so
that the taxpayers will not be
de-motivated
and can
still
continue to work. This example can be
seen
in Singapore, where the motivation index of the taxpayers in paying the
tax
is increased
as they are
given
some
incentives by the
government
.
Therefore
, it is essential to create such a limitation for all individuals who pay the tax.
In conclusion
, this essay discussed why it is
good
for
governments
to apply a
high
tax
rate
as it
improves
the quality of the local amenities,
however
, there should be a limitation on the
rate
to
be taxed
. In my opinion, the
government
should
tax
the
people
based on their income
so
that the taxpayers will continue to pay and the public
services
will
also
be maintained
well.