Proportional tax

March 22, 1765, that it is a great idea to tax all of our paper products that we buy from England. It finally started on November 1, 1765. This tax money is going to be used to help pay for defending us in the colonies. This is not right because they did not have approval from colonial legislatures. The problem is, we are only allowed to buy products from England. I have decided that my family needs to have a discussion about this. “This is an unfair tax that needs to stop. If the Parliament…

Despite the levels of tax evasion done by Apple to America, Apple is far worse in its taxes overseas. Apple not only hurts the US but also other countries like the UK, France, and Germany. In fact, according to a study done by the Huffington Post, Apple paid absolutely no corporate taxes in 2012 in the UK.” Despite making millions in profit in Britain, Apple paid no corporate taxes to the U.K. last year, according to company filings” (Huffington Post) The second way corporations evade paying…

The tax crime investigation by the IRS is one of the complex weapons of the IRS. It is mostly used in a small scale proportion of cases. However, it has a devastating impact. It can carry personal, financial, social ruin, great monetary fines, disappearance of specialized licenses and incarceration. Normally, you will not discover that an IRS criminal investigation is on until when it very late. But, in some cases, you will receive notice signs. A revenue general officer disappears after…

The National Tax Advocate publishes a report entitled, "Annual Report to Congress." The contents within this report address areas of concern that are adverse to the taxpayer, suggest legislative remedies and guidance as well as a listing and discussion of the most litigated tax matters. The Office of the Taxpayer Advocate was created when Congress enacted Public Law 104-168, also referred to as the Taxpayer Bill of Rights 2, on July 30, 1996. The Internal Revenue Service Restructuring and Reform…

a lot of money to be spent on something that has nothing to do with the patients of Planned Parenthood. To me it just seems unjust that people are paying taxes to the government for abortions while the Planned Parenthood business gets to play with tax dollars from the government to support a candidate’s…

Is the penny really worth it? the penny has been on for centuries. it's actually really worth it since it balances advantages in countries . Even though people are just dispencing the penny, circulation must be corrected. the penny shouldn't be eliminated. Some advantages of having the penny helps the country. If we wouln't have the penny the government would need to "establish a system under which cash transaction would be rounded up or down"(source A). which means if we take it out a $10.34…

In Michael J. Sandel’s article “What Isn’t for Sale?” he introduces his argument that markets have taken over our lives. Which is a problem because now markets have no limits. There is no boundary between markets and morals. Markets can put anything for sale, and we (the consumers) have no choice but to buy it. Once he establishes his point of view on markets, he begins to talk about the precedents of markets and market values. Markets were god, and capitalism was successful. The Cold War ended…

Since the “Great Recession” more scholars have started to examine how economic insecurity and financial worry impact policy preferences. Yotam Margalit researched how policy preference changed as a result of personal economic circumstances. Margalit concluded that personal economic circumstance can change one’s opinion on welfare spending. For example, the study discovered that a “worsening personal economic standing has had a large impact on the attitudes of voters on the right and center, but…

limitations set by current government tax laws. The Roth IRA…

What is the "big fleece?" No, it's not an oversized blanket you wrap yourself in when it's cold. The big fleece is a term many in the financial world use when they're talking about the pundits and experts in the equity markets who continuously promote "buy and hold" investments for the long-term in your 401k, 403b, IRA and other retirement savings accounts. They fancy the notion that governments can continue to spend their way to prosperity, so deficits don't matter, as long as they create…