Tax Manifesto

By the end of the tax lesson, I have gotten a much better grasp of the very detailed nature of taxes, and how significant they are in each an every country. It is obvious that taxes are absolutely necessary in order to have a properly functioning society. However, it is also necessary to enact rules and regulations in order to maintain that system in the best way possible. The burden of those decisions falls on the shoulders of the taxpayers and voters, because we have a say in the forms of taxation of the government. Although it may not seem like that now, it is important that voters choose their respective congress members that they believe will most accurately represent their individual beliefs, especially their opinions on deficit spending. When considering the different forms of taxation, it is important to choose those which are able to find a balance between the taxpayers paying too much, and the taxpayers paying too little. It is very difficult to find the middle ground, but seeing as everyone is entitled to their own opinions, the United States' taxation system must accurately represent the most approved form, not only from the congress members and wealthy business owners, but also every single other taxpayer.

My personal opinion on the role that the government should have the economy is that they should play a very minimal role. The most important thing that I should think that they should do is focus much of their attention on the distribution of wealth. One way they can do that is enact a progressive taxation system. It is apparent through the Occupy movements that the lower and middle classes are unhappy with their standard of life right now. Certain congressmen and the wealthy business owners have a very significant impact on the government right now, only because of the ridiculously unfair distribution of wealth. It is also important, however, to keep in mind that the voters and taxpayers should ideally have the same leverage in the government, yet this is obviously not the case. It is our job, as citizens to voice our opinions by a productive manner by choosing congressmen and presidents that we personally believe will best voice our own opinions, and through that we will be able to accomplish what we desire to. Our economy has fluctuated greatly throughout time, and even without governmental intervention it has rebuilt itself. I would personally like to think that this recession will get better soon, and that we, as a nation, have learned valuable lessons through its consequences.

Furthermore, another important topic is the issue of deficit spending within the government. Our national debt at the moment is rapidly growing daily, and I believe it is our individual obligation to limit the government's spending. I believe that it is important to make cuts in government spending, because we are entirely unable even now to repay all of our debt. We rely heavily on the economies of other countries, and in order to reboot our economy, it is necessary to limit the government's spending now. Obviously it is unrealistic to stop spending altogether, much less reverse it, but we need to find tools that will help us begin to slowly repay it in the future, or else we will continue to pay our debt to other countries for hundreds of years. Very few times in history have we had years where we have made a larger profit than we have sold, and it is unrealistic to believe that we will get to a point where we will never have deficit spending. Yet, it is our duty to limit the government's spending, and be able to eventually begin to pay for our debt.