FAIR TAX
For those of you that may non know what a reliable measure is, it is a national sales tax likewise known as a consumption tax that would supervene upon our current income tax system.
The misconception is that the current income tax system is fair. When in reality it is not. We have a system where one citizen of the unite States would pay up to 36%, or .36 cents, out of either one dollar he or she earns. While another(prenominal) citizen pays nothing and in some cases they receive money as opposed to paying taxes. Both citizens however receive benefits that our ecesis provides. Benefits like easedom of religion, speech and the pursuit of happiness and so on They both(prenominal) are protected by the military by invading forces. They both have the benefit of our high bureau system. at that place are a lot of these types of benefits that cost money and some people are not contributing to the cost of these benefits. just some are paying for that protection, this is patently unfair. The argument to the unrepentant is that one citizens income is higher that the other. That argument only holds water if both citizens have skin in the game. In an attempt to do work our tax code fair we have devised a imperfect income tax rate where depending on how ofttimes you make you leave pay either a larger or littler percent of your income depending on how much you earn.
Though this may appear fair on its face lets discuss the issue further. The way our current code is written today approximately 47% of all American citizens pay no federal income tax while the remaining 53% pay the entire bill. That is not fair. That is one group of people getting a free ride while the other group of people bargain for the gas.
The tax code is full of thousands of pages of rules, kickbacks, loopholes, restrictions, credits and deductions. So much that even CPAs dont run into it. All of these rules make it so that politicians and political partys can reward their friends and punish their enemies. This occurs on both sides of the political isle. All...If you want to get a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.