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The Pros And Cons Of Donald Trump

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President-elect Donald Trump has many goals for his time in office, including changing, what he claims to be only a slightly different form of the taxation system already being used in the United States. His goal is what he believes will benefit the entirety of the country, yet the people who will have the most change in the percent of taxes being paid will be the upper class, which will pay up to ten percent less money in taxes than they are currently. Keeping in mind that this man is part of the one percent of the population who holds most of the wealth, one can only wonder if there is some type of bias happening here. Although he states that the lower income population will be seeing a benefit as well, there is still a relatively small …show more content…

Ultimately, the more you earn, the more you pay. At the start of the economics in our country, America's founders rejected the idea of a progressive tax, due to the fact that they were all rich men, feeling victimized by just the idea of paying a higher percent of taxes. Yet they recognized the idea for a need of equal protection for all of it’s citizens. This idea is further expressed when the Fourteenth Amendment promised “equal protection of the laws” to all citizens (Folsom). From this, modern America has adopted the idea of income based progressive tax, to be the best fit for our …show more content…

Most can argue that those who can afford to pay more, should. Those who earn little income could deserve help, especially when they are working long hours for much less, obviously this isn’t necessarily true with each person, but the majority of the time it is. “CEOs of 350 top U.S. corporations now have average salaries 331 times those of the average American worker,” (Lewis) therefore it doesn’t make sense for them to pay the same amount in taxes as people working at minimum wage.
Progressive tax can also serve as a sort of safety net, which can help people operate better. When a person’s income fails, their taxation responsibilities do as well. This gives citizens a certain type of protection, when experiencing an unfair and (or) unexpected loss in income. As well as that, with progressive taxation there is no need to provide social services or some programs to be able to pay a high tax by a certain deadline

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Why should the poor and rich have to pay the same amount of taxes if they make extremely different incomes? Brooks focuses on the social and migration problems of progressive taxing and doesn’t apply his thought to the economic issues, as he

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In an article “Stop Coddling the Super-Rich”, by Warren Buffet, he suggests the mega rich should be taxed more than the middle and lower class, but again, they have more deductions and will still pay

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history but it provokes an angry reaction from the American Left. The bill reduced personal income tax rates by 25 percent in three annual increments, cut capital gains and estate taxes, and reduced business taxes.” The illogical point was cutting taxes as the same rate for everyone. While several industries and high income earners received numerous benefits, low income earners still suffered financial burden because of “trickle-down economics.” In fact, federal income tax rates cut significantly for the wealthiest 20 percent of taxpayers.

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Writing can be an effective way in persuading an audience. Creating a connection to the audience is a difficult task, but if rhetorical writing is used correctly, one's writing can be impactful and effective. The authors, Greg Lukianoff and Jonathan Haidt, of "The Coddling of the American Mind" use rhetorical strategies to evoke interest, and to assist in bringing across meaning to the reader. Some of the effects used include data, quotes from ancient philosophers, and specific word connotation. The rhetorical strategies used by Haidt and Lukianoff are for the most part unsuccessful in convincing college administration that shielding students does more harm than good.

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Some people like income tax, and others do not have an opinion on it, they just view it as a lawful obligation. However, the majority of Americans dislike income taxes and are not fond of the IRS. According to a study made by Pew Research Center, this is completely true. Only 45% of Americans favor the Internal Revenue Service,(6) showing that the remaining 55% do not like the idea of paying taxes(6). 53% of Americans claim that they are fairly taxed, and the rest of Americans think that the tax rates are unfair.(6) While some Americans are complaining about the unfairness of their tax bracket, 64% are also claiming that large corporations are not paying enough income tax.

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Historically, periods in which tax rates were higher produced inadequate and stagnant economic growth. Politicians and lobbyists propose that taxing the upper classes will lessen the burden on the middle and lower classes, which stimulates the economy. This is not only false, but basic critical thinking reveals that when the “rich” have more money in their pockets, they are more likely to invest or raise wages if they employ individuals. One common misconception of tax rates is that high tax rates generate more tax revenue, and lower tax rates generate less tax revenue. On paper, this would make sense.

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tax code argue that the wealthy must pay their fair share in taxes. The design of the Progressive taxes system was to make sure everyone pay taxes depending on their earnings. Money received from taxes coming from the rich helps spur money based growth and government. Many argue that the wealthy do not pay their fair share when it comes to taxes. Some believe the U.S. is shorting its citizens of the benefits that could be gained from paying taxes.

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The US should have a flat income tax because a flat tax motivates people to work harder as the taxation percentage does not increase if you work more and receive higher income. 2B. A progressive income tax is more desirable for any country because it reduces income equality as people with higher incomes must pay more taxes than people with lower incomes. 2C. In an economic system with a flat tax system a government has to implement less regulations on taxation because everyone pays the same percentage of taxes from their income.

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the Pew Research Center found. The some corporations that don’t pay their fair share maintain of higher income families or also know as rich people. The lower income families were found to pay more than they should and that the Government bank on them more than the higher income. Finally, the medium income families present that the taxes should be reformed. What has this to do with the Government getting its’ power from the people?

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Should America implement a flat tax? According to Steve Forbes “For many years, people have said, ‘Make the rich pay more,’ and many politicians have said, ‘The rich people need to pay their fair share,’” (Forbes) but what do we think is really fair?

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One of the arguments used is that we could regulate and tax the 1% income because that would be “fair” but these numbers show how harmful that way of thinking is. 18% of taxes for the “bottom” of the bracket which is around 20% of the U.S population.

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“The Federal tax system has always served purposes beyond the collection of revenue to fund Government programs” (Farrigan). The people of the United States pay taxes to the government to multiply the money by doing business related negotiations with other countries. In addition, the government uses the peoples tax money in programs such as Medicaid or children’s health insurance, food stamps, and unemployment benefits. Consequently, the government gives back the people’s tax money, but because of the people the government can support, give, and help the people in need. The government multiplies the peoples tax money and since the people are investing their tax money than is only right the people get a beneficial raise on their tax return money.

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Taxation is a widely controversial subject in the United States today. Currently during the election process, America is at a crossroads with how they are going to tax the rich. Bernie Sanders, a democratic presidential candidate, has spoken out saying that he would have similar tax rates as the United States in the 1950’s when the top tax bracket was being taxed over 90 percent under Dwight D. Eisenhower. In contradiction, the Republican nominee, Donald Trump, does not believe that the rich should be taxed extremely high rates as he comes from an extremely wealthy background. As the election heats up, taxation is a very important thing to weigh up when voting.

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Do you ever think of why should or shouldn’t the rich people pay more tax than others? Nowadays, people are arguing about the fairness of paying more tax. Statistics have proven that the rich have paid the majority of U.S. income taxes. A person making $100,000 will pay a higher percentage of his income in taxes than a person making $20,000 for instance. According to the Congressional Budget Office, “The 10% of households with the highest incomes pay more than half of all federal taxes.

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That is not reducing the tax rate, we’re just making the middle pay more than the rich, and right now that is what is exactly happening. I know that most wealthy people work hard for their money, but we have people in the lower class barely getting by while the wealthy people throw around hundred dollar bills and don’t care about what anyone else thinks. They waste their money on things they don’t need while people in the lower classes struggle everyday. People that have financial disadvantages live paycheck to paycheck while the wealthy people just walk around with lots of money that they’ll waste on things they don’t need such as gold marbled tiles or million dollar perfumes. The least they can do is give a little back to the

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