Tax hikes

We need tax hikes to solve the deficit problems in the advanced countries. The governments have to pay unemployment and other benefits, to avoid extreme hardship on those who lose their jobs due to factors beyond their control. These payments have to be funded by those who can afford, so the taxes have to be increased. While it is necessary for governments to control their expenditures, it is also necessary to give the governments adequate resources to do their work.
http://www.cnbc.com//id/46127466