Do you think that raising tax rates will have a positive or negative effect? 

Depending on when we raise tax rates, the answers may well vary, and they all have both positive and negative effects on society at the same time. This is a complicated and sometimes controversial issue, but let me explain some details.     

First, when the economy is up, raising tax rates has many positive effects: first, it can incréase government revenue, which leads to many good policies in turn. Second, raising taxes can prevent the economy from overheating and crashing, resulting in investor losses. By raising taxes, you can avoid such “an economic bubble.” These are benefícial outcomes of increasing tax rates.     

Next, I understand some may argue that this concept does not hold true when the economy is down. Certainly, in such cases, the government should not rush to restore tax revenues, rather should try to revive the economy by lowering tax rates.           

What I have said has only outlined the issues: in fact, several other political and economic factors may have a complex impact. So, we must consider them carefully to find out the optimal strategy. Thank you for your attention. [182 Words Type-I]