Tuesday, May 12, 2020

Essay on Americas Heavy Load Equality - 864 Words

EQUALITY. A term used from previous ancestors that came to America for freedom. A term used from Americans that fought for their equal rights today. A term avoided in the state of being taxed. Two out of three tax systems are set to be genuinely unfair to Americans of the lower and upper class: a progressive system and a regressive system. Today, Americans are paying in a progressive tax system which is when the tax rate will increase if the taxable income increases (â€Å"Preface to†¦Ã¢â‚¬ ). Americans pay an average of 18.2% on federal income, 10.6% on state, 7.65% on social security and Medicaid, 10.3% on sales tax and so forth (â€Å"How Much Tax†¦Ã¢â‚¬ ). The one system that will work for our nation’s economy and benefit the people is known as the†¦show more content†¦In 2000, federal spending was at 18.2%; in 2007, federal spending was at 19.6%; but in three years since 2089, federal spending reached to 24.4% (Morong). With the economy, the governm ent feels obligated to spend money to prove to America that the government is doing everything they can to help the people and the economy. However with all the spending, the money is being invested towards unnecessary things that are not really needed. So much of the federal taxes are heading towards social security retirement benefits and Medicare insurance which is ruling out the education and other programs for every citizen (Sullivan). Increasing taxes will only leave extra money for the government to spend on unnecessary programs and benefits. With a flat tax rate, people with a higher income will not have to pay as much as in a progressive system. People can actually make a substantial living without the worry of taxes pulling them back. Families would be able to spend more money to benefit the economy (satisfying our Republicans). The progressive tax system allows a family of four to hold and protect $18,000 of income after taxes, but a flat tax rate will help the family of four obtain twice the amount after taxes (Tate). In other words, setting a flat tax rate will decreased the poverty rate and create more jobs, because there is more money in peoples’ pockets,Show MoreRelatedAn Intimate View Of Imagery Of Langston Hughes Dream Deferred927 Words   |  4 PagesAn Intimate View of the Imagery in Langston Hughes’ â€Å"Dream Deferred† America is built on a dream, the idea that anyone has the opportunity for prosperity, success, and an upward social mobility when they work hard. This dream is a siren call to America’s shores for millions of people from across the world looking to forge a better life. Unfortunately, this dream seems to elude Blacks in America. 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