IRS tax forms

US, the gap between rich and poor has been rapidly increasing, and economic inequality has reached extreme levels .In the recent presidential election campaigns, Hillary Clinton, for example, wants to increase the taxes for Americans in the highest tax bracket in order to reduce the gap between rich and poor. The World Development Report of 2006, published by the World Bank, states that seven out of ten people live in countries where the gap between rich and poor is greater than it was 30 years…

When you think about a penny what do you see? What do you think? How do you feel about a penny? Oh yes, the good old penny. An old brown, round piece copper that you always see on the ground but never seem to pick it up? Or a fortunate round piece of copper that you can use when you want a piece of candy from the corner store. Well, some people say that pennies are good luck. Do you believe it ? Did you know that the average penny lasts 25 years? The penny has been around for about 154 years.…

pocketed $275 million earlier this month from NBC Sports, Time Warner's Turner Sports and other investors; including Google and Comcast” (Harwell 2015). This shows that investors have a strong interest in online gambling. States could enforce sales tax on every online gambling transaction. This would increase funds for states and make a much stronger economy. If investors and advertisers were able to help to fund and promote state lotteries, more people would play and the jackpots for lottery…

Rough Draft- Super-PACs: How the Riches’ Votes Matter More than Everyone Else’s America prides itself in having equality of opinion, however some opinions are valued more than others. This irony is due to the presence of super-PACs in recent American elections. These super-PACs are organizations that allow the wealthy to have a louder voice over the many by flooding the airwaves with propaganda and by donating to politicians to buy favors from them. The presence of Super-PACs in the 2016…

In Paul Krugman's essay "Confronting Inequality," published in his 2007 book "The Conscience of a Liberal.," I personally believe this article could have the potential for a wide audience. Inequality is something a majority of Americans deal with whether they realize it or not. Krugman discusses the many ways America had fallen into distinct gaps of inequality. He presents a highly logical argument in which he reveals why, and how, America has gotten to different points of inequality whether it…

I have chosen to write about “It’s Consumer Spending Stupid” by James Livingston because it provides enough details to agree or disagree and to construct a strong response. In Livingstons essay, he argues that if Americans continue to spend, the economy will become stronger. On the other hand, in “Thrift: The Rebirth of a Forgotten Virtue” by Daniel Akst, the author argues otherwise. Thus, using these two essays will fulfil the requirements and will create a strong synthesis. If I incorporate…

Is the penny needed in the United States anymore? Some people believe the penny should be preserved because it is an important historical part of the United States.However, other people believe the menny should be eliminated because it is costs more to produce than what it is even worth. The penny should be eliminated in the U.S. currency because pennies are a waste of time, not worth a lot, too much to make, and nobody can buy something with just one penny. The penny should be eliminated…

Why Eliminating the Penny Just Makes Cents It is an undeniable fact that pennies are a large part of our culture. In America, pennies in many forms, have been around since 1787. However, in today’s day and age, they are almost entirely useless. Pennies need to be eliminated- but it won’t happen overnight. It’s going to take time, effort, and a lot of education about what the one-cent piece is costing us. Once upon a time, long ago, pennies were very valuable. You could buy candy with just one…

Social Security and Public Assistance differences According to “Segal (2015) The indigenous social insurance provisions were a federal system of old-age benefits for retired workers and a federal- state partnership for unemployment insurance. The system of old-age benefits was called the Old- Age Insurance program. It contributes benefits for retired workers who had paid taxes into the system while employed in industry and commerce. The program was to begin collecting taxes in 1937 and pay…

Washington Post states that “ Nickels cost twice as much as dimes - 9.4….” This indicates that the government will have to pay the double to make more nickels. When people know that the will have to pay more tax to pay for something in this case nickels, they will not want to. Know one wants to pay more tax money to make more nickels when…