scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,176
Income Tax Reform It is definitely time for Federal Income Tax Reform After reforms in 81 and 86 we have seen how quickly taxation rates regenerate Much of the public sentiment is if it aint broke dont fix it Fortunately or unfortunately it remains to be seen we have been conditioned since FDR to accept big inefficient government and our current economic prosperity is masking an extremely flawed income tax system It is of utmost importance that national tax policies and reforms remain a continual national focal point We must consider the natural propensity for government to increase expenditures and taxes over time The income tax currently represents enormous portion of our annual GDP and is obviously a major governmental function As the country enters a presidential election year tax policy will most likely be one of the decisive issues of debate Many of the presidential candidates have incorporated political platforms that include massive tax reforms and or overhauls but it remains to be seen if the public is of the same mind Currently there exist four major ideologies which pervade in some form or another amongst the ten candidates of record The democratic candidates are not seeking any reform in the income tax per se Both candidates seek rather large expansion of government which ultimately may necessitate tax increases a manner of tax reform I guess At this time three diverse plans prevail amongst the republicans Governor GW Bush has proposed large tax cuts be enacted progressively to all of the income tax brackets as they exist now The projected revenue for this cut is found in the anticipation of never ending surpluses and economic growth which will result Ambassador Allen Keyes envisions a 23 national sales tax solution that will abolish the Internal Revenue Service and free the enslaved citizenry Steve Forbes champions his Flat Tax that would tax 17 of income and leave savings alone The
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA