Explaining why taxes should be lower.
1600 pennsylvania avenue
Washington, D.C. 20500
Dear Mr./Mrs. President,
I believe that the taxes should lower from 35 percent to 15 percent so that businesses do not leave the United States and companies will have more money to expand.
The percentage of the taxes right now on businesses is 35 percent. I believe that the tax on businesses should go down to 15 percent because that way companies can have more money to expand and in turn reduce the unemployment and create more jobs. This will work and has work because in 1987 the United States lowered the taxes and the unemployment rate went down.
Businesses have more incentive to move overseas where taxes are lower. With this, businesses are placing their money in banks outside the United States to avoid additional taxes. If the taxes lower, businesses will stay and will have more money to expand their business in the United States. This would result in hiring more people as they expand their business and the people that are now getting hired are paying taxes rather than collection welfare.
Another reason for lowering taxes would create more tax revenue from newly employed people and lower the payout of welfare because those people are now working and paying income tax. Government spending has grown to about 60 percent of the budget being welfare. Poor people can not create jobs, therefore we should lower the taxes on businesses because they are the ones supplying the jobs.
I hope these points clearly show that by reducing taxes America would be better off having lower unemployment and those workers would be paying taxes to reduce the national debt. Thank you for taking the time to read this and thank you for what you are doing for our country.