I. Intro

II. Pros to raising taxes

A. Benefits of raising taxes

1. More revenue

2. Health benefits

B. Political Ramifications

1. Balancing budgets

2. Sharing the wealth

C. U.S. should raise taxes to help fix the deficit.

1. Spending cuts and tax increases.

2. Tax reform pursued.

3. Contain health care cost in Medicare and Medicaid.

III. Cons to raising taxes

A. Unstable source of revenue

1. Higher income is linked to stock market.

2. This link could suffer shocks.

3. Higher incomes less likely to invest.

B. Hurts job creation.

1. Less money for new jobs.

2. Small business cannot or will not hire.

IV. Conclusion

V. Japanese Cultural Evaluation

A. Culture evaluation in Japan

1. Society Hierarchy

2. Family structure

B. How arguments are different in Japan

1. Views on respect/honor

2. Views on...