Nowadays, to improve people’s living standard, it is believed that the government should pay attention to public services such as roads and schools. Thus, some people offer that increasing the tax is a necessary thing to put into practice, others argue that high taxes just put pressure on people’s finance in the economic recession.
On one hand, taking a sum of peopls’s salary to pay for public infrastructure and services is a necessary action to take for the development of society. Due to the fact that improving public services is mainly for their benefits such as the smooth road to commute instead of bumping roads, or being approached to cutting – edge education system rather than conventional system. Therefore, I believe they should take responsibility for society by the means of tax. For example, in Sweeden, mostly people have to pay their tax for public services, medical system and even social welfare for elderly people, which help Swiss not to worry about whenever they contract in diseases thanks to health insurances.
On the other hand, paying high taxes may lead to losing of financial freedom. Obviously, high taxes encourage people take public services priority for their and community’s benefits; however, which means people have to reduce their investment in business such as purchasing stocks. This might decline their potential of becoming richer in the future. Additionally, the policy of high taxes may result in overworking to make enough money for not only paying tax but also savings. Although the government will use taxes for types of insurances, we cannot deny the truth that anyone should have a gross saving on their own for their plans as well as unforeseen accident. In my opinion, people should only take a small proportion of their income to pay tax as a way to become more responsible for their community, so they can have their savings for their other intentions. It is apparent of respecting people’s freedom on the aspect of finance.
In conclusion, tax plays an important role in the development of every country, so paying tax is obligation of each citizen that finally bring us numerous.