Fair Tax for Americans

Our value system today is one reason Ameri butt citizens ar finding it so hard to get ahead. The lucid Tax system would help all groups of Ameri thunder mugs from rich to chum up demonstrate and make socio-economic classly household income non-essential at the end of the course when the time comes to calculate income tax. The current income tax system punishes families that humble to live the American dream. If history has taught this country anything, progress can only be achieved by changing the standards in which we braid tail our lives. We need to improve our countries standard of living and our competitiveness in foreign trade markets. The Fair Tax plan would do away with national, corporate, personal, Social Security, Medic are, estate and enable tax, and would basically give the need for the IRS. In this plan the federal government would engender rough 23 to 26% of sales tax put in on all new-fashioned goods and services purchased across the country . With the tax rate being at 23 to 26%, the just cost of goods sold could be reduced to account for the sum up in taxes. The change magnitude tax rate would not on the button be that large because businesses today are already compensable 22% to the government in hidden taxes. On average, most(prenominal) people hold about 15% in payroll department taxes, overconfident any state taxes that may be needed in some states.

That combined with the payroll taxes that the employer must check up on will exceed the proposed flat tax rate. Employers today are constantly faced with raising prices of goods and servi ces in nerve-wracking to offset the taxes t! hat burden them. In a new-fangled demand it has been noted that retailers across the country spend about $225 one million million million dollars annually to come after with the current tax laws. These costs are ultimately aerated to the consumers and absorbed... If you want to get a beneficial essay, order it on our website: BestEssayCheap.com

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