Some people believe they should keep all the money they have earned and should not pay tax to the state. Do you agree or disagree?
Making a livelihood with a lot of hard work and then paying hefty taxes to the state, has always prompted a growing number to propose not to pay taxes to the state. The other side, however, believes that one should pay some proportion of their income for the larger public good.
Some perceive that one should enjoy all of their hard-earned money; generally, middle income groups pay a handsome proportion of taxes as compared to the others, but the state treasury still lacks sufficient amounts for welfare. Therefore, policy makers must find other routes to generate revenues, such as encouraging tourism, foreign investment that will establish new industries, which will increase exports and more businesses. This would generate money for the state. Eventually, minimizing dependence on the taxes paid by citizens.
On top of that, there is profound apprehension about the fate of earnings going in as levies because there is complete absence of transparency regarding the use of the public money. Many propose that due to rampant corruption a few influential and the powerful siphon off monetary resources to fill their coffers, leaving their countrymen high and dry.
Having said that, the other school of thought still considers that every penny contributed to the national income will help law makers invest into the welfare of citizens and ensure national security, and also into venues that will aid in bringing prosperity. In other words, the financial resources grossed from levies is channelised into establishing infrastructure, elaborate healthcare and education, besides centers that could boost and augment industry and trade.
Conclusively, my inclination is disagreement towards the statement. Nonetheless, regimes are also equally responsible for reducing the burden of taxation, if not abolished completely, and provide a corruption free system for the nation.
