Tax Increases and Spending Cuts

My partner and I both strongly affirm that the United States should rank taxation add-ons over outgo cuts. With this, we believe the most skillful approach would be to increase taxes through an increase on the hell on earth tax. A evil tax is brass levied tax that is added to products or function that argon seen as vices, with the intention of disapprove individuals from partaking in such acts. dread a higher sin tax on those products/services condemned as bad would suffer the government to refrain from depending so heavily on unaccompanied increasing the upper clear up income tax. This is so important because at that place simply are not enough rich concourse in the world to in effect balance the budget on the backs of the transcend percentage. According to CBO figures, the government would have to tax them at a rate of almost 100 percent; by doing so, this straighten out 1 percent depart inevitably be shot into poverty. Resultantly, the government will have no prime(a) but to target the top 2 percent the future(a) year and then the top 3 the following year. in the beginning you know it, this cycle is in full swing and intent your way. Because the U.S. is in desperate need for more efficient and rough-and-ready way of collecting revenue, the resolution-that the US should prioritize tax increases over spending cuts is true.\n\nContention 1\nSin taxes boast the rescue effectively while in addition helping fund health care programs. In an expression entitled Tax and put down for Better Health in March 2009, The Disease fake Priorities Project demonstrates the effectiveness of this liquefy of pecuniary policies: Governments in developed and ontogenesis countries use fiscal policies-taxing and spending policies-to improve their nations health. These policies accept taxing alcohol and tobacco, subsidizing authorized foods and medicines, and giving tax breaks to businesses or individuals to pay for health care. Experiences from developing countries show that fiscal policies bet well when public institutions...