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Certain taxes are often much higher than would be considered fair by many people, and could of course be lowered without any major loss to those affected. Having some taxes lowered also means more expenditure, and much of the money "lost" by the lowering is caught later on anyway.
Others could remain at the level they currently have, as to do otherwise would require a masssive alteration to the tax and financial budgeting systems and would have very little real gain for anyone.
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Under what circumstances would the government most likely lower taxes?
Consumer spending has decreased recently.
Do I have to pay taxes on my retirement?
Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income. Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income.
What level of government you should complain to if you think your sales taxes are too high?
You could complain to the County Government and the State Government.
Should people be penalized if they do not pay there taxes?
i do not think they should be penalized but again its all up to the government
Why does government need taxes?
the government need taxes to keep the country running
What can the government do to encourage investment?
Lower taxes.
The government should eliminate state income taxes.?
The government should eliminate state income taxes.
In periods of recession the president and congress should raise or lower taxes?
Republicans will lower taxes making more money available for the private sector to provide products and services.Democrats will raise taxes and try to stimulate the economy through government spending and social programs.
How do you eliminate the contractionary gap?
The government can lower taxes or interest rates.
How would the US government most likely react to a slump in the economy?
Lower taxes to make it easier for consumers and businesses to spend money.
Which minor party wants smaller government and lower taxes?
Libertarian Party
What can the government do to reduce the levels of carbon monoxide?
Government should decrees the taxes.
Why do you think the president should lower the taxes?
This is definitely a debatable question! Many people think that the president should lower taxes because some people are paying too much while others are finding ways to avoid taxes. In theory this is true. However, if he does lower taxes who will pay for the things we need in our country? Taxes definitely have a purpose regardless of how the money is raised. One solution that I agree with is lowering or deleting income taxes and raising the state sales taxes. This would give the same amount of money to the government but would force people such as illegal immigrants and drug dealers to pay the same amount of taxes as other members in our society.
What is the democratic and republican about?
Our Taxes will be lower
Which minor party wants smaller government lower taxes and more freedom?
The Libertarian Party
Under what circumstances would the government most likely lower taxes?
Consumer spending has decreased recently.
According to keynes what should the government do when the economy overheats?
Raise Taxes
