Question

Essay topic: We should eliminate all taxes.

The essay should be 500-600 words. You need to argue whether it is true, false or uncertain. Use a diagram of an economic model if it helps in making your argument

Answer 1

ESSAY WRITING

ELIMINATION OF ALL TAXES

Tax generally means the money which is collected by the government from the citizens of that particular country for the purpose of using public things or for the earning of money through any means.​​​​​​​ There will be several kinds of taxes those were imposed on us by the government such as Income Tax, Property tax, Road tax, Sales tax and so on...

In my point of view, i think that elimination of all sort of taxes is not correct . It is not good for the economy of any country and also people who were earning a lot of money will keep going on plundering money through sevaral ways from the normal people.There were several advantages as the tax was present in the country such as

ADVANTAGES OF COLLECTING TAX BY THE GOVERNMENT

1) Main advantage is that tax is the source of giving funds to the goverment for a good causes such as construction of roads, increasing railway connectivities, for the construction of the schools, hospitals etc..

2) Through the help of these taxes there is a chance for the government also for providing several utilities to the citizens of the nation.

3) And also if the government does everything correctly, these funds can be used for any natural disasters that may occur in the future, as suddenly if any natural disaster takes place it is very difficult to face it if proper amount of money isnt there with us.

4) Economy of the country will also be in efficient and the country moves forward in good manner.

5)Income tax is the major thing where money is obtained in a huge worth to the government.

6)Taxes collected by the government will be helpul for the people of the nation through directly and sometimes indirectly also.

7) Several instances of benefits to the people are:

a)They can travel from one place to other place through railway or roadway or airways safely and without any disturbances,

b)To establish public parks, indoor stadiums, recreation spots etc..

c)Taxes also sometimes help poor people for their basic needs such as Food, Cloth and Shelter.

d)Many welfare schemes can be done by the government with the help of these taxes such as Houses construction for needy people, giving pensions to the old people, providing sanitation facilities and so on.

So i want to conclude finally that, As told above collecion of taxes is good but more than required by the government is also not good for the people as well as the government too. As if government increases taxes as they wish the normal people will suffer a lot and also it effects their normal living standard of life.