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Our Tax System Needs Changing
Title: Our Tax System Needs Changing
Category: Literature / English
Details: Words: 10874 | Pages: 46.3 (approximately 235 words/page)
Our Tax System Needs Changing
Our current tax system is complex, costly, and unfair. Surely, America can do better for our children than redistribution and regulation. Our nation is over four trillion dollars in debt. It is time to act instead of letting lawyers and politicians play with our money. A flat tax plan is a simple solution to remedy the stagnant apathy our nation has been so accustomed to for the last seventy years.
A flat tax would make …showed first 75 words of 10874 total…
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…showed last 75 words of 10874 total…income taxes in the period 1943-1987 (as calculated in real 1987 dollars). In that period, the Federal Government received 66.7 billion (in real 1987 dollars), but would have received 63.2 billion (in real 1987 dollars) with a flat tax of 11%.
I indicated that personal income would likely have gone up under a flat tax system. When you compare changes in personal income to changes in tax rates, there is a correlation between tax cuts and an increase in personal income. Som
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