Is Our Taxation System Fair?
Every government collects taxes
from its citizens in order to be able to fulfill its responsibility of
providing proper roads, water, sanitation facilities, health care and
education to the public. The government would need billions
of dollars to carry out all its duties and it is due to the tax payers’
money that all this work is done. So, citizens are expected and mandated by law to pay the appropriate taxes. They have to pay taxes to their local state or county governments as well as to the federal government in certain instances.
Many people do not like the idea of paying taxes, of course. They hope that they could keep all their earnings to themselves. They feel that it is not fair for the government to grab a large percentage of their hard-earned money. however if we are going to protect our country and pay out all the entitlement programs created by our government then we have to. They sometimes compare the tax percentages in other countries and feel that the amount of money they pay is too high when compared to the other nations.
But all said and done, taxes are extremely essential for the smooth running of a nation. Without taxes, the government would not be able to fulfill its obligations. It is necessary for us to get a proper perspective of why taxes are inevitable. Although we do not like the fact that we have to part with our earnings to support the government, we still have to see this as a benefit. In fact, we are paying the government to provide all the infrastructural facilities that we enjoy in our day to day life. If we can see taxes as a fee that we spend on ourselves for our own benefit, much like the money we pay at a restaurant to have a nice meal, we would find it easier to pay our taxes without feeling the pinch.
Statistics show that 75% of the country's revenue from income taxes comes from only 1% of the population. This percentage of the population makes over $200,000 per year either through their own personal income or if you are the owner of an small business that makes a large profit. since our country needs money to run
, it will never be eliminated.
Many people do not like the idea of paying taxes, of course. They hope that they could keep all their earnings to themselves. They feel that it is not fair for the government to grab a large percentage of their hard-earned money. however if we are going to protect our country and pay out all the entitlement programs created by our government then we have to. They sometimes compare the tax percentages in other countries and feel that the amount of money they pay is too high when compared to the other nations.
But all said and done, taxes are extremely essential for the smooth running of a nation. Without taxes, the government would not be able to fulfill its obligations. It is necessary for us to get a proper perspective of why taxes are inevitable. Although we do not like the fact that we have to part with our earnings to support the government, we still have to see this as a benefit. In fact, we are paying the government to provide all the infrastructural facilities that we enjoy in our day to day life. If we can see taxes as a fee that we spend on ourselves for our own benefit, much like the money we pay at a restaurant to have a nice meal, we would find it easier to pay our taxes without feeling the pinch.
Statistics show that 75% of the country's revenue from income taxes comes from only 1% of the population. This percentage of the population makes over $200,000 per year either through their own personal income or if you are the owner of an small business that makes a large profit. since our country needs money to run
, it will never be eliminated. 
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