How would you raise the money for the

How would you raise the money for the Government? Choose option 1, 2 or 3, or a combination of them. OPTION 1 INCREASE INCOME TAX FOR THE RICHEST. OPTION 2 INCREASE VALUE ADDED TAX FOR EVERYONE. Income tax is a tax on what you earn. At the moment, you have to pay half of anything you earn over £ 100, 000 to the Government. In Option 1 you will increase this tax even more. Valued Added Tax (VAT) is a tax on goods and services. That means anything from food to clothes to concert tickets to holidays. Some say this is good because rich people already have enough money. Other people say rich people have worked hard for their money and shouldn’t have to give lots of it to the Government. It’s a tax that EVERYONE PAYS EQUALLY, no matter how rich or poor you are. Some people say it’s a good tax because it can raise lots of money for the Government. Other people say it’s unfair because whether you are poor or rich you pay the same amount. OPTION 3 GET CHARITIES OR BUSINESSES TO TAKE OVER SOME OF THE JOBS THAT THE GOVERNMENT DO. Some people say that charities could take over some of the Government’s work. This will save money. Other people say private companies could do many things the Government does now, because they might do it better and for less money. BUT, do you really want private companies running our police or army? What would happen if they do a bad job?