Tax Reform Imagine waking up one day without your governmental necessities. All the everyday things such as Police Force, Local Firefighters, or even the public school system. Every one of these are funded through taxes. Without them, our society would be in chaos. Taxes are an important role in our government, or any government for that matter in the world. Taxes allow government institutions the ability to run. Also, they create many jobs throughout our society. Throughout the world, and history, the taxation methods of different goverments has varied. None of which may have been wrong, but also may have not been right. The income tax system is a difficult system to understand because the in depth involvement of the government.
…show more content…
First is the Ted Cruz Simple Tax, a simple and minimal tax plan. Next is the Dr. Ben Carson Flat Tax plan. Lastly, the flat tax plan proposed by Rick Santirooum. For starters. Ted Cruz’s flat tax would completely abolish the IRS (Cruz NP). Basically, replacing it with just a simple, flat and fair tax. This would greatly decrease the complication of the whole tax process. The IRS is a complicated organization that makes the process of doing taxes extremely difficult. Also, under the Simple Flat tax would eliminate all seven of personal income brackets (Cruz NP). All of which will fall under a single low rate of 10 percent (Cruz NP). Not only does this tax plan benefit the wealthy, but also the low and middle income Americans. As Ted Cruz States,
“The Child Tax Credit will remain in place, and the Simple Flat Tax Plan expands and modernizes the Earned Income Tax Credit with greater anti-fraud and pro-marriage reforms. As a result, the Simple Flat Tax will ensure that low- and middle-income Americans have greater opportunities – not only through minimal taxes, but also through better, high-paying jobs that the Simple Flat Tax will
First is the Ted Cruz Simple Tax, a simple and minimal tax plan. Next is the Dr. Ben Carson Flat Tax plan. Lastly, the flat tax plan proposed by Rick Santirooum. For starters. Ted Cruz’s flat tax would completely abolish the IRS (Cruz NP). Basically, replacing it with just a simple, flat and fair tax. This would greatly decrease the complication of the whole tax process. The IRS is a complicated organization that makes the process of doing taxes extremely difficult. Also, under the Simple Flat tax would eliminate all seven of personal income brackets (Cruz NP). All of which will fall under a single low rate of 10 percent (Cruz NP). Not only does this tax plan benefit the wealthy, but also the low and middle income Americans. As Ted Cruz States,
“The Child Tax Credit will remain in place, and the Simple Flat Tax Plan expands and modernizes the Earned Income Tax Credit with greater anti-fraud and pro-marriage reforms. As a result, the Simple Flat Tax will ensure that low- and middle-income Americans have greater opportunities – not only through minimal taxes, but also through better, high-paying jobs that the Simple Flat Tax will