Given that the government will eventually run out of money to pay for all of its entitlements, do you think we should reduce benefits or increase taxes?

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Jakob Carson

5 January, 19:54

Given that the government will eventually run out of money to pay for all of its entitlements, do you think we should reduce benefits or increase taxes?

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Samson Maynard · Answer 1

Answer: increase taxes

Explanation: If government will eventually run out of money to pay for all entitlement, it is advisable to increase taxes to increase the amount of money generated. Social benefits should not be reduced. if taxes are increased, there would definitely be more money in the reserve to meet up with government expenditures and the government can compensate the public by continuing paying all the entitlement.