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Government Quotes about Tax IncreasesGovernment Quotes About: Money Government Law Terrorism Government Business Federal Taxes Federal Taxes Politics Government Freedom America And Americans Americans Health Nationalism Government Property Tax Prohibition Parliament Tax Increases Lies Cheating Theft Satire Humor Funny April Fools Day Taxes Lies Competition Television Funny Facebook Status Facebook Status Total: 4 Quotes
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Featured Quote: "Be careful who you trust, the devil was once an angel."
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Wednesday, June 19
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Tax increases are the hike in the taxes levied on a common man’s income. It is the amount by which the tax has increased. Tax increases are caused primarily due to deficits that add to the national debts and sooner than later the debts have to be paid off. The government thus resorts to the hikes for compensating the same. According to Ron Paul, “Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.” Tax increases are also caused due to the ever increasing levels of corruption in our country. Corrupt politicians or officials spend government revenue illicitly and thereby, increasing the national debt that needs to be reduced. In the words, “Tax increases appear to have a very large sustained and highly significant negative impact on output.”

