Provide a third speaker speech from the affirmative side debating on the topic government shouldreduce tax and rebutting points;

Question

1. Avoid budget
2. Provision of social welfare and building of government projects and infrastructure
Stated by the opposition side.

Answer 1

Ladies and gentlemen, I believe that reducing taxes is not only a beneficial decision for individuals but also for the overall economy.

Firstly, lowering taxes can stimulate economic growth and encourage business expansion. When individuals have more money in their pockets due to reduced tax rates, they are more likely to spend and invest, thus boosting consumption and overall economic activity. This, in turn, can lead to job creation and increased revenue for the government through indirect taxes.

Furthermore, reducing taxes can promote competitiveness and attract foreign investments. Lower tax rates can make a country more attractive to multinational corporations looking to establish their presence in a new market. This can lead to the creation of new job opportunities and the transfer of valuable skills and technology to the local workforce.

In response to the opposition's argument about the need for government funding for social welfare and infrastructure projects, I would like to point out that reducing taxes does not necessarily mean cutting back on essential services. In fact, a growing economy with increased revenue can provide the government with more resources to invest in social welfare programs and infrastructure development. By fostering a healthy economy through tax reductions, the government can ensure sustainable funding for its projects and programs in the long run.

In conclusion, reducing taxes can have a positive impact on individuals, businesses, and the economy as a whole. By allowing individuals to keep more of their hard-earned money and promoting economic growth, tax reductions can lead to a more prosperous and vibrant society. Thank you.