Opinions are divided on whether labors’ total salary should be kept all for themselves or partsof it should be contributed as tax. I agree with the latter statement given that this amount ofmoney can be considered as a reserve for society such as public infrastructure investmentsand welfare programs.
Some people may argue that they should be allowed to retain all the money they earn sincethis benefits their life financially. To be more specific, if tax was not levied on personal income,people would have more money for consumption and savings. This makes sense, especiallywith those being underemployed, because workers earn wages to not only reproduce theirlabor power but also feed and raise their children, who are not in the labor force at that time. Inaddition, on a societal level, a greater amount of savings and consumption wouldprogressively foster supply and demand simultaneously, hence motivating the nationaleconomy. Satisfaction derived from better life qualities also proceed the society in the sameway.
Although this line of reasoning may sound logical enough to justify for tax abolishment, it shows an overpositive visions without considering the governmental expenditure for thewelfare of society. This includes the construction and improvement of public infrastructuressuch as transport systems. Admittedly, commuters have already paid for their seats, but it isobvious that they should also pay for the repairment of some road impairment like potholes.Besides, given that the natural rate of employment may affect every worker, tax imposed onincome can be used later for these unemployed as well as other disadvantaged people underthe form of insurance schemes. These examples have clearly underlined that tax contributedby labors is also beneficial to people, but in a more macroeconomic and indirect way.In conclusion, I strongly believe that people should not shelter their income by keeping all themoney they make. This is because a reasonable rate of taxation would richen the governmentbudget, serving for the quality of a nation.
