How would you raise the money for the Government? Choose option 1, 2 or 3, or a combination of them. - PowerPoint PPT Presentation

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How would you raise the money for the Government? Choose option 1, 2 or 3, or a combination of them.

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OPTION 1 INCREASE INCOME TAX FOR THE RICHEST. Income tax is a tax on what you earn. At the moment, you have to pay half of anything you earn over 100,000 to the ... – PowerPoint PPT presentation

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Title: How would you raise the money for the Government? Choose option 1, 2 or 3, or a combination of them.


1
How would you raise the money for the
Government?Choose option 1, 2 or 3, or a
combination of them.
OPTION 1 INCREASE INCOME TAX FOR THE
RICHEST. Income tax is a tax on what you earn.
At the moment, you have to pay half of anything
you earn over 100,000 to the Government. In
Option 1 you will increase this tax even more.
Some say this is good because rich people
already have enough money. Other people say
rich people have worked hard for their money and
shouldnt have to give lots of it to the
Government.
OPTION 2 INCREASE VALUE ADDED TAX FOR
EVERYONE. Valued Added Tax (VAT) is a tax on
goods and services. That means anything from food
to clothes to concert tickets to holidays. Its
a tax that EVERYONE PAYS EQUALLY, no matter how
rich or poor you are. Some people say its a
good tax because it can raise lots of money for
the Government. Other people say its unfair
because whether you are poor or rich you pay the
same amount.
OPTION 3 GET CHARITIES OR BUSINESSES TO TAKE OVER
SOME OF THE JOBS THAT THE GOVERNMENT DO. Some
people say that charities could take over some of
the Governments work. This will save
money. Other people say private companies could
do many things the Government does now, because
they might do it better and for less money. BUT,
do you really want private companies running our
police or army? What would happen if they do a
bad job?
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