Q- Do you agree or disagree with the following statement? Middle-class and rich citizens should pay at least 30% of their income to federal and state taxes so that governments can use this money to help the poor. Use specific reasons and examples to support your opinion. Do not use memorised examples.
Ans: I agree that middle-class and rich citizens should pay at least 30% of their income to federal and state taxes so that the government can utilise the money for the benefit of poor people. This is due to the principles of social responsibility, economic balance, and government accountability.
Social responsibility is an integral part of any society. The middle class and rich citizens, who have abundant resources, have the capability for the welfare of society. For instance, a businessman who has profited from society should give back by paying higher taxes. This not only helps in fulfilling social responsibilities but also uplifts the less fortunate ones.
Another crucial aspect to consider is Economic Balance. The disparity between the affluent and the less privileged is widening across nations. To address this issue, governments can implement taxes on the wealthy to promote wealth redistribution and foster a balanced society. For instance, Scandinavian countries have successfully achieved a distribution of riches by imposing tax rates.
In addition, it falls upon the government to ensure the well-being of all its citizens. By collecting increased taxes from those with means, the government can allocate funds towards initiatives that aim to alleviate poverty, enhance education, provide healthcare services, and other social welfare programs. This approach is evident in countries such as Canada and Germany where augmented tax revenues are utilized to support healthcare and tuition-free education.
In conclusion, while it may seem burdensome for middle-class and rich citizens to pay higher taxes, it is a necessary step toward creating a more balanced and equitable society. It is a way of giving back to the society that has contributed to their success, ensuring economic balance, and holding the government accountable for the welfare of its citizens.
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