Is the Answer To Lift the Cap?

While it might seem like a simple solution, the truth is that lifting the cap is not quite as straightforward as some people might have you believe. In order to accurately answer the age old question ‘should we lift the tax cap’, we must first consider the fact that doing so will come with both benefits and downsides.

Refusing to acknowledge the downside of such actions could lead us to more issues further down the line. Let’s first look at pros and cons in order to better understand this complex issue.