The U.S. along with only 6 other countries use the progressive tax, the progressive tax is a very unfair and inconsistent taxing system.This system has a varying rate that taxes the higher income homes with a higher rate,and the lower with a reduced rate.The Flat tax is a taxing system that has one flat tax rate for all ranges of income homes. The flat tax has been proposed multiple times throughout legislation , but not once has it been taken seriously as a cure to fix the current tax problems.The U.S. needs to adopt the Flat Tax because it is a simplistic system that would be fair to use and also promote economic growth.
The flat tax is one flat tax rate that doesn’t change no matter what level of income you receive.Somewhat alike to what
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“Strong support for a flat tax extends across income groups (62 percent) among those making less than $30,000 a year and 73 percent among those making more than $110,000 a year”(2014 Reason Foundation). According to most websites and commentary blogs they say that a majority of supporters for the flat tax would be from higher income homes.But as shown in the quote not only would higher income homes support it ,but more than half of the 30,000 and below homes would also support.So not only do we need the flat tax but the citizens want a flat tax,give them what they want.The public can also agree that it is not the government’s responsiblities to reduce the differences in income between people with high incomes and those with low incomes,therefore calling for a flat tax to replace our own progressive tax.Even a little more than half(52%) of Democrats asked if they would agree with a flat a tax ,Democrats are also most likely to appose a flat tax becasue they believe in taxing the rich more than the …show more content…
Aaron Hill from Education Portal suggests “ A progressive tax system really acts as a tool for redistributing income from the upper class to the lower and middle class. Those individuals who earn more pay more into the federal government. This helps keeps the income gap from growing wider between the rich and the poor.” Although this is what the government claims most of the money is just recirculated for the federal government to use as it’s own
Sixteenth Amendment- Authorization of an Income Tax – Progressives thought this would slow down the rising wealth of the richest Americans by using a sliding or progressive scale where the wealthier would pay more into the system. In 1907, Roosevelt supported the tax but it took two years until his Successor, Taft endorsed the constitutional amendment for the tax. The Sixteenth Amendment was finally ratified by the states in 1913. The origin of the income tax came William J Bryan in 1894 to help redistribute wealth and then from Roosevelt and his dedication to reform of corporations. I agree with an income tax to pay for all of our government systems and departments, but I believe there was a misfire with “redistributing wealth.” The redistribution is seen in welfare systems whereby individuals receive money to live. This is meant to be a temporary assistance, but sadly, most that are in the system are stuck due to lack of assistance in learning how to escape poverty. There are a lot of government funded programs, but there is no general help system to help lift people up and stay up, so there continues a cycle of
However, I believe the Flat Rate would provide the best alternative, as it is the easiest to revert back to the original if necessary while eliminating a lot of the concerns that are raised about our current system such as equality, complexity, and cost efficiency. Works Cited Hall, A. (2001, August). The X-Men: The New York Times. The Flat Income Tax and the Fair Tax Consumption Tax: A Comparison of Federal Taxation Proposals. Retrieved from https://wilmu.blackboard.com/bbcswebdav/pid-4981484-dt-content-rid- 14738969_1/courses/POL.326.DIS.B2T01.FA2013/FlatTaxFairTaxComparison.pdf.
The tax policy in the United States is very confusing. When the tax policy was originally written in 1913 it was four hundred pages. Now, over the past ninety one years, that tax policy has evolved to over 72,000 pages. Since the tax code has become so lengthy and nearly impossible to understand, the topic of tax reform has been in the minds of many. Although, most barely think about tax reform until tax season. It is a controversial subject due to the impact a change in tax code would have on the American people. The two most popular and widely known stakeholders in this debate are the two major political parties in the United States, the Democrats and the Republicans. The two parties share absolutely no common ground on the subject of tax reform, other than thinking the other parties solution is wrong. The Democrats, in general, want to raise taxes on the wealthy, while Republicans, generally, want to cut taxes for everyone (Democratic Party) (GOP). Unfortunately, with the United States economy currently doing so poorly, the parties can no longer afford to remain at a standstill, some sort of compromise is going to have to be made. The implementation of a flat tax, and discarding the current tax system would be a compromise that both parties can agree on and will simplify the tax code, overall benefiting all Americans.
II. Implementing a flat tax without significantly increasing the deficit is impossible without shifting the burden from the rich to the middle-class, instead our current progressive tax policy needs to be changed so that it is simpler and does not allow corporations to abuse the tax loopholes.
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.).
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.
Restaurants should ban tipping. There, I said it. Please refrain from stoning me or if you choose to applaud, go on ahead. Let me elaborate why tipping should be abolished in American restaurants. If you live in America: You, Have. To. Tip. If you don’t, you’re considered a selfish person. However, just because that’s the system that we have, does not mean it is a good one. Tipping is a custom that: shortchanges servers, inconveniences customers, and makes the whole dining experience unbearable (Collegehumor). Ask yourself, why should you be responsible for paying the employees humanly?
Attending college has changed quite a lot throughout the years. When it first arose, it was only accessible to the wealthy, and it was unheard of for everyone else. Only a few decades ago a bachelor degree could almost guarantee a comfortable job, and it was another advantage to any resume. In our current times, many students struggle and are unable to go to college due to the rising price tag that is not showing any signs of slowing down. A college degree is what most employers look for now-a-days, making it more essential than ever before. Unfortunately, it is becoming increasingly difficult to attain one. College tuition and fees should be lowered because 1) student loan debt is crippling for college graduates, 2) lower tuition will increase the accessibility of education, and 3) regulated tuition would lead to a
Everyone is France that is classified as “middle-class” pays the same tax, no matter what if their income is on the lower or higher end, promoting social equality within a certain tax bracket. However, the part of their system that is undemocratic is that the rich pay a much higher percent of their income, and people that have very low income do not pay income tax. The United States’ system is similar on the latter, but they have more broken down tax brackets that have the lower part of “middle class” citizens pay a lower percentage than the higher
Whether the government should impose a tax on employers to provide workers with benefits such as unemployment insurance or mandate employers to provide workers with benefits, which are normally benefits such as health insurance or workers compensation will ultimately depend on how much their employees value the benefit. Mandated benefits are those benefits that are protected by federal law. Firms are liable to make these benefits available to their employees and failure to do so will result in severe penalties. Payroll tax is relatively different from mandated benefits for the reason that payroll taxes are imposed on the wage of employees, which are either paid by the workers or the firm. When analyzing to see how successful a mandated
In this case, let us estimate that monetary amount to be $13,000- this is the number that Mr. Stern came up with in his book. We must consider the fact that the “Average Joe” earns $44,150 annually. If a 39% flat tax would be implemented, “Joe” would end up paying $17,218 in income tax, while only receiving a mere $13,000 from the government. On top of that, he would lose some valuable benefits (Medicare, Medicaid, Social Security). The only people who would benefit from UBI would be individuals earning less than $33,334. These people are in the lowest and second lowest tax
I should receive a passing grade in this class because I can write now. Not just an exaggeration, but after another semester of English I finally feel confident that can write. Three of the reasons behind my confidence is I learned, I experienced and best of all I repeated. These three values helped prepare me for what is in store in English 1302 and here is why.
According to Joe Messerli, writer for balancedpolitics.org, the top 1 percent of earners pay about 38 percent of total federal income taxes; the top 10 percent of earners pay about 70 percent of total tax revenues; the top 50 percent of earners pay about 98 percent of total tax revenues; while 48 percent of Americans pay zero federal income tax. Raising taxes on the rich is believed to help get rid of the United States federal debt. With all the money being brought in, we will be able to have a surplus after paying for necesssities. That surplus amount of money would go towards paying off the debt. Getting rid of this debt is very important because it could have the pottential to topple the U.S. and world economy.
Tax cuts are only benefiting the richest people, and will widen the inequality gap between the rich and the poor. A recent report from the Congressional Research Service states, “as the top tax rates a...