The issue of high tax has been controversial. Some people believe that high taxes are necessary for public services, whereas I agree with those who think that high taxes can also have negative effects.
On the one hand, it is commonly believed that High taxes are necessary for public services. One of the most important reason is that high taxes are necessary to the government has enough money to provide essential public services since it can improve the overall quality of life of the people and help promote social equality. For example, according to the latest study conducted by Bangkok University, it was revealed that 80 percent of High taxes help to the government to invest in infrastructure and public services such as healthcare, education, public transportation and social welfare. This example shows that high taxes plays a major role in making basic public services accessible to all.
On the other hand, it seems to me that high taxes can also have negative effects. The most important reason is the fact that excessive taxation could have negative effects. This is because affecting economic growth and increasing the burden on the people. To illustrate this, in a recent educational journal, it has been cited that High taxes may discourage businesses from investing, leading to slower economic growth. For citizens, high taxes may reduce the income available for spending. I agree with point that this prevents business from expanding and lowers living standards.
In conclusion, having considered both sides of this issue, although high taxes are necessary for public services because making basic public services accessible to all, I agree with those who think that high taxes can also have negative effects as this prevents business from expanding and lowers living standards.