Discussion 1 & 2 Topic 1 Critics of the Federal Income Tax often complain about the complexity of the tax law ….  In fact,

Discussion 1 & 2

Topic 1

Critics of the Federal Income Tax often complain about the complexity of the tax law ….  In fact, former President Jimmy Carter called our tax law “a disgrace” and Albert Einstein threw up his hands in frustration and said that it was too complicated for him to understand.  One common suggestion to improve our tax law seems to be that it would be much easier to raise revenue for the Federal government with a national sales tax or a flat income tax with no deductions (based simply on gross income). Please refute these contentions and defend our tax system.  Explain how the Income Tax is designed to achieve multiple goals, i.e., social – political – economic – stimulus – incentive – disincentive objectives ….. and that raising revenue for the government is not the only purpose of the income tax law.  

Topic 2

What are the current tax issues being reported in the press and are there any major changes that might be coming up in the future?  Do you think that these changes are going to help our economy or set us back and why? 

Requirements

· All posts must be
substantial (several paragraphs each)

· Turnitin Report

· No Artificial Intelligence

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

KRYSTEL BERGHER PROFILE Accomplished Customer Service Expert committed to the delivery of quality service. Professional and Ethical.

KRYSTEL BERGHER PROFILE Accomplished Customer Service Expert committed to the delivery of quality service. Professional and Ethical. Seeking to assist or help a new customer service department in creating and achieving the much-needed customer service goals. CONTACT ADDRESS: 15851 Southwest 139th Place, Miami FL 33177. PHONE: 305-992-6010 EMAIL: [email protected] om

Business Law BUS 3301 VII Question 12 The principal agent relationship, the employer-employee relationship, and the employer-independent contractor

Business Law BUS 3301 VII Question 12 The principal agent relationship, the employer-employee relationship, and the employer-independent contractor relationship are three types of agency relationships commonly found in business settings. Why is it important for business professionals to know what type of agency relationship they are forming?   Your response must

pfa TASK 1: By Tuesday Evening Reflection and Discussion Forum Week 3

pfa TASK 1: By Tuesday Evening Reflection and Discussion Forum Week 3 Assigned Readings: Chapter 8. Understanding Markets and Industry Changes. Chapter 9. Market Structure and Long-Run Equilibrium. Chapter 10. Strategy: The Quest to Keep Profit from Eroding. Initial Postings: Read and reflect on the assigned readings for the week.