The Flat Tax Essay -- Economics

The Flat TaxThe expending tax as a replacement for the income tax is at least a subject of noteworthy question and debate. It seems as though, the means in sexual intercourse to the ends are not always justifiable, but when approached properly, can return all. To answer the question of whether a consumption tax should be applied, I examined both my morals and my ideas of capitalist economy and free enterprise in relation to democracy. Is it fair to establish a tax that rewards the already wealthy and exhaust a threat to the already shaky financial standing of the abject? No but a system that rewards success is important. So what is the issue? As an American, I am infused with the spirit of capitalism. While this is a terrific thing, we must carefully draw the line between the tendency of capitalism towards over individualism and over extended tax burden. The burden to which I refer is of course, largely progressive taxes. With a tax system that is be locatings pro gressive (such as the present law system) we risk removing the incentive to localise in Americas companies and also remove money from the pockets of would be employers. As I examine the opposing idea of a regressive tax system, with which I am equally at odds, I pass it to be morally repugnant to punish the poor simply for their glare economic standing. With the notion that income tax is going to tend towards the progressive side in the U.S., I feel that repealing such a liability whitethorn be beneficial for the Americ...