Why was the creation of the new taxes ineffective in bringing the government out of debt?

The creation of new taxes can be ineffective in reducing government debt if the tax base is too narrow or if economic growth remains stagnant, limiting revenue generation. Additionally, increased taxes may discourage consumer spending and investment, potentially leading to lower overall economic activity. Moreover, if the government does not manage spending effectively or prioritize debt reduction, the additional revenue may not significantly impact the overall debt levels. Lastly, public resistance to new taxes can lead to political pushback, undermining the intended fiscal benefits.