As for me, I have been in favor of the "fair tax" initiative since the time I first read about it. The nice thing about the fair tax is that we are, in some ways, already participating in an abridged method, at least those of us who don't live in Texas or Nevada. I'm talking about a sales tax on consumption. Nothing will tick of the Federal government quicker than the realization that they cannot tax your income, savings accounts, inheritance, etc… It forces the lobbyists out of the tax realm, simplifies the notion of how the revenue is gained at the federal level, severely cuts the IRS, and hamstrings the IRS' ability to be weaponized by political parties. The nice thing is that it is a playing field leveler on steroids where everyone has skin in the game and the consumption rate is what is the controlling factor. Therefore, the wealthy will automatically pay more because their rates of consumption are …show more content…
He is married and his income is such that his wife does not have to work. His home is 11,000 square feet, he owns a pool, has 5 high end vehicles and buys expensive furnishings and jewelry. He shops at high end stores and pays a pretty penny for all of his purchases. Under the current adjusted tax rate with loopholes and a good CPA, John pays an adjusted tax rate of somewhere between 14 and 22 percent.
Subject 2:
Jane Doe is a person who works at a job which pays her $17,000.00 per year. Her husband brings in $17,000.00 per year for a combined yearly income of $34,000.00. They are purchasing a modest home for which they have a mortgage. They each have a car but no other frivolities. They shop at bargain stores and budget wisely because money is tight. Under the current adjusted tax rate with only a mortgage and perhaps some school loans to deduct, Jane and her husband go to a small time tax person and pay somewhere around 18 percent.
Now for the fair tax:
John Doe
Jane
Whether or not to keep or discard the Bush era tax cuts for the wealthy, give tax breaks to the lowest tax bracket, and even throwing out the entire current tax code and replacing it with a simpler version, tax code and tax law has been a very controversial topic for the past few years. As it stands, the current tax code has over seventy two thousand pages, compared to the four hundred pages it had in 1913. There are many different stakeholders in this debate including taxpayers, corporations, businesses, etc. Americans for Tax Reform (ATR) is an organization that was “founded in 1985 by Grover Norquist at the request of President Reagan”(.N.p.). Their goal is to create and advocate for a simple flat tax,“...on the belief that they will provide a strong stimulus to investment, employment, and output” (Stokey 1). They promote their organization and represent taxpayers in all fifty states. Along with tax reform, ATR also advocates for individual health care, free trade, and spending transparency (.N.p.). Using very simple and easy to understand images, ATR is able to convey their goals and get information across to the general audience that visits their website.
I. You might have heard politicians in the news, talk about overhauling our tax system with a new fix-all idea, the flat-tax. This would simplify our overly complicated tax system and might seem appealing at first glance, however there are serious problems with it.
Many ponder the idea of federal taxes and whether the wealthy deserve to pay a higher percentage rate of their overall income. That is, they argue that because our society needs more equality and a lower national budget deficit, taxes on the rich must be raised. This specific topic has been discussed for decades, and due to the severely different perspectives, it is unclear whether the two sides will ever come to an agreement. President Barack Obama and much of the Democratic Party strongly lean towards raising taxes on the rich, while the conservatives and the Republican Party heavily lean towards a more balanced flat tax. However, after extensive research and focus on what would be best for the equality of individuals, the nation and its economy, this paper will firmly prove that the top one percent should not be taxed any more than they are today.
In today’s America, there are many people who would either be disgusted at the very mention of Welfare or be highly grateful for its existence. I believe that in order for welfare to be more effective in America, there must be reform. From the time of its inceptions in 1935, welfare has lent a helping hand to many in crisis (Constitution Rights Foundation). However, at present many programs within the system are being abused and the people who are in real need are being cheated out of assistance. The year after the creation of welfare unemployment was just about twenty percent (Unemployment Statistics). The need for basic resources to survive was unparallel. Today, many people face the same needs as many did during the 30s. Some issues with
The United States offers citizens benefit programs at every level of government to help with life’s hardships, and a considerable number of people participate. A variety of benefits are available for all Americans and some non-citizens who are in need of aid. Many Americans are aware that these programs exist, but may not be informed about how many people receive assistance, what kind of benefits are available, or who garners government relief (Welfare Info.).
Some people abuse kids, some people abuse drugs, but the worst kind of people abuse welfare. The definition of welfare is the statutory procedure or social effort designed to promote the basic physical and material well being of people in need. Meaning the government gives this money to people in need for their daily basic necessities. The idea of welfare started during the great depression, then Franklin D. Roosevelt passed the social security act, which established a number of programs designed to provide aid to various segments of the population (“Welfare Information”). Welfare was made to help people in a poor, physical, and/or mental state because they cannot work. Although the economy and country improved, people got used to being unemployed.
the help they receive from the government. The idea of the Social Security Act was not a perpetual help to the poor, but a push to help them get out of poverty. Statistics show the economy has been growing and getting better. However the amount of people using welfare has grown more that 50%. (Brooks)
The current tax system that the United States uses contains several flaws. First of all, it is very complex. It is comprised of many various variables that can create loopholes. These loopholes can cause two equal income families to be paying very different tax rates. In fact, there are 480 different types of tax forms (Website). The current tax system is also very unfair for the wealthy. Because it is a progressive tax, it is higher for people who have higher incomes. People should not be punished for being successful. If a flat tax policy were instituted, then it would simplify the complicated tax system, create fairness within the economy, and promote a desire to thrive financially.
He explains that as part of a college professor’s job he is required to conduct research during the time that he is not teaching his students. Cadwallader claims that he only teaches for thirteen hours a week and the rest of his time is spent on his research studies at home in his own office that he uses exclusively for his research. The tax court decided that although he does use majority of his time at this home office to conduct business obligations, he is not qualified for the deduction because his employer provides him an office space on the college campus to work on his research. The tax court argues that if the university did not provide him this space then he would be able to qualify for the deduction but since they do provide him with the space and he chooses to work elsewhere, he is not eligible. This decision fell under the rule of determining if the home office was established at the convenience of the employer or the employee. Since the office is at the convenience of the employee and the employer does give Cadwallader the opportunity to work on campus the deduction was
We call ourselves the United States, yet we are anything but united. Social justice, which I believe to be the promotion of equality in money, opportunity, and rights amongst all people, plays a key role in todays ever-so-demanding society. Although many aspects can be affected by social justice, gender is major one. By creating equal pay between men and women and making feminine hygiene products for women become free, I believe that we as a society will inch towards creating a more just society.
Higher taxes is not what people demand, but having tax cuts won't be marvelous either. People believe having taxes lowered will be effortless and the government will be limited to misuse the money that comes from taxpayers. The government should not raise nor lower taxes
Public assistance is a fair and non-discriminating form of assistance offered to whom qualifies for it. The open support is for those who need it, or those who pay taxes for others to apply it to what the individual is in need of. Social Welfare is a disposal program that gives cash, medical insurance, beneficial consideration, provisions, housing, and different things that individuals require so as to endure life disadvantages. Individuals who can get assistance from these welfare projects are children, older folks, disable, and other people who can 't help their families on their current salary. At first it worked primarily to provide federal grants to the states to maintain mothers with dependent children. The program works with individuals
Ron Manorama once said, “An intensive human rights education for all communities needs to be provided to overcome the old prejudices”. There are many reason why colleges should stay equal and not have separated colleges for gender. Most colleges change into this day how segregation was transformed into equality. When I started college, I thought to myself that college would be a place on where raise would only talk to their own people as shown in movies, TVs shows and the media. As I went to my first class, I found out that segregation was nowhere to be found many students from different raise where talking to each other. All female’s schools should be equal because of equality, prejudice, and liberty.
Poverty is in our own backyard. Poverty isn’t turning around a globe and looking toward third world countries for an example. Poverty is everywhere. Poverty is the children down the street who go to bed hungry each night filled only with emptiness. Poverty is my neighbor who had her heat shut off this past winter. However I believe that poverty is preventable.
This year, the elections are really hard why? Because some people think that the elections are fair and other people think the elections are not fair. This year in the elections have been hard. Why? Because there has been a lot of disagreements, and fights about this elections this year. I think the elections of this year are not fair because, the candidate Donald Trump is racist in many ways, and insult other people and i don’t think he is capable to be the president of United States, and other people agree the same opinion i have, and the other candidate Hillary Clinton in my opinion she could be a good president of United States and help this state to make it better and help others that need it.