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Tax Cuts When there is a government surplus or an election approaching politicians propose a plan to reduce taxes In this recent election the two candidates Al Gore and George Bush Jr have proposed to different plans for these returns given to the US citizens Even though tax cuts are only a small portion of ones income as a whole they benefit the economy if used wisely Bushs proposal gives the majority of tax cuts to the wealthy In contrast Gores proposal provides the tax cuts to the largest class of the population the middle class The majority of tax cuts should go to the middle class rather than the high class These tax cuts are important to keep not only a balanced budget but economy The tax cuts give the taxpayers somewhat of a hand with their finances When a taxpayer has extra money to spend on things other than the basic elements of life food shelter and clothing the other purchases give back and strengthen the economy It is important for the tax cuts to go to the right portion of the population Tax cuts are most beneficial if they are well dispersed throughout the economic classes By giving a particular class a break on taxes they are reducing the large amount of money that they pay in taxes When it comes down to it the tax cuts that are given are particularly small The average family will spend the money that they receive on something small making the cuts almost unnecessary Al Gores plan is to give the majority of tax cuts to the middle class Contrary to his opponents plan Al is giving a larger percentage of money towards tax cuts aimed at the larger percent of the United States population It is not logical to provide cuts to the wealthy because they make up such a small portion of the population that being one percent On
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