It is responsibility of individuals to save and provide for their own retirement. Governments have no obligation to provide this benefit. To what extend to you agree or disagree with these statements?
It is argued
by
many that one should invest their money in order to Change preposition
apply
support
themselves after they refrained from working further
and the government should not be liable towards paying them. I strongly disagree with this
and think that citizens pay taxes as an investment and it is a challenge to make an estimation as to how much a person should or is capable of keeping for future purposes.
To start with, nationals are levied taxation to aid the government so that it can benefit its citizens in various areas. Although
this
amount is utilised in different parts of development like,
infrastructure, education etc., it should be noted that individuals are already giving away the money they could save. Remove the comma
apply
For instance
, many European countries levy heavy taxation on the working population for the region's growth as well as
to support
them after retirement. Furthermore
, the public is stressed free for their old age
and happily deploys a portion of their earnings to the authorities. Hence
, it is the duty of the officials to serve mankind under their control in every way possible.
Secondly
, humans can need more money than they can save. Moreover
,old age
is demanding in terms of healthcare and the inflation rate may be over the prediction. As a consequence
, a human may not be able to have an accurate estimation of monetary requirements. This
would lead mankind to be in a helpless situation. For example
, due to
the earthquake in Nepal, the country's nationals had to face monetary loss in the economic sector, due to
this
, people could not keep a part of their earnings for future needs. Therefore
, it is the role of higher authorities to analyse the requirements of old age
of the population and be prepared to support
them.
To conclude
, there is clear evidence to support
the argument that the ruling party should aid its citizens after their working age
. This
can be accomplished by utilising their taxes and maintaining proper policies.Submitted by joginderkour524 on
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