The United States Tax System Essay

829 Words Dec 9th, 2015 4 Pages
Benjamin Franklin once said there are only two certainties in life: death and taxes. Although it is challenging to argue against his statement, the United States tax code, instead of being certain, is excessively complex; both taxpayers and policymakers are routinely frustrated by its arcane rules and loopholes that seem to contradict fairness and logic. The United States tax system is far from fair. The United States’ population is classified into three categories. The first one is first-class, followed by the second class and lastly the lower class. All three classes of Americans are vastly distinct from each other. By reading this, you will realize the relevant explanations why I strongly believe the tax system is not fair, especially for the middle-class. We first come across unfair tax treatment of wage income versus wealth. Taxes on wealth, such as capital gains, are often subject to a lower tax rate than wages and salaries, which the vast majority of every day citizens rely on for most of their income. A fair tax system would narrow the disparity between tax rates on income from wealth and income from work. In addition, small, family businesses are forced to navigate confusing rules and requirements. According to the National Small Business Association, 40 percent of small businesses reported spending more than 80 hours a year dealing with federal taxes in 2014. Businesses across the country should be using this time to grow their businesses, not figuring out their…

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