More Taxes for the Rich The United States of America is the land of freedom‚ equality‚ and opportunity for each and every American‚ with the ability to live the “American Dream.” The American Dream suggests that anyone in the United States is able to follow their hopes and aspirations‚ succeed through hard work‚ and has the potential to lead a happy and successful life. Through hard work and dedication‚ reaching success and wealth is never too far‚ everyone receives as much as they put in. America
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Raising Awareness‚ Not Taxes A new theory suggests that raising taxes on junk food and soft drinks will lower the obesity rate among the general population. However‚ obesity is not just a result of eating junk food‚ and obese people are not the only ones who eat it. Focusing more attention on the way junk food is marketed‚ increasing health education‚ and seeking to prevent diseases and lifestyles which cause obesity‚ will prove more effective than raising taxes. Those in favor of raising taxes
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Effects of Raising Corporate Tax Rates Effects of Raising Corporate Tax Rate Michael Richardson October 20‚ 2011 Currently Congress is debating on raising tax rates. There is a couple different views on how this will affect the economy and income from taxes. I will present both arguments to you for you to decide on which way you may lean‚ although my mind is already made up on the matter. First off‚ as I have seen the two viewpoints are a liberal and a conservative viewpoint. First I
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Raising Taxes on Fast Food Which sounds better‚ a $10 burger and soda‚ or a $3 grilled chicken salad and water? While convenient and cheap‚ the widespread eating of fast food has caused many health problems throughout America. By raising taxes and making fast food more expensive‚ I think Americans will begin to eat healthier‚ other restaurants will see economic success‚ and the government will spend much less on health care. When fast food prices are jacked up‚ this offers people an incentive
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resort to this tactic to raise revenues‚ but rather could simply raise taxes. While I agree that on the surface it may actually appear that way‚ that a government can simply levy taxes upon a population and there is nothing that the said population can or will do about it. That is nice to think in an ideal sense‚ but in reality it is not so easy for a government to raise taxes. Politicians and leaders who attempt to raise taxes sometimes find out the hard way that the people do not like being excessively
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What do you think would happen if the rich paid more taxes? Would there be a better economy or would it be worse‚ maybe even stay the same. Increasing the taxes would help out our economy in a few ways. one way that it would help out our economy is that not only would there be less of a concentration of profit at the top of our social ladder there would be more revenue for the funding of civil union jobs. Also not to mention causing the larger corporations have to pay more so they would be unable
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Diving into the rich pool from “The Economist” online website Obama and few other governments in the Euro Zone would like to tax the rich more to help pay off government deficits. They have some support from the very rich like Warren Buffett on this approach. Wealthy Germans and French have signed petition in favour of higher taxes. Luca Di (Ferrari owner) says its “right” for the rich to pay more. Three crucial questions the article is asking: What share of tax do the rich actually pay? What
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Annual taxes are mandatory for everyone to pay. These taxes are very beneficial to our economy because they are relied on to build some of the most important things a society needs to progress. Not only do these taxes help improve our quality of living‚ but they also fund government programs such as public education‚ foster care‚ and welfare. These programs are all designed to help society grow and advance as a whole. Most taxes are paid by middle-income families because the top one percent make
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civilization‚ citizens have already been paying taxes. Taxes are necessary for any society (Scheve and Savage‚ 2016). However‚ the problem with taxation is how much do we have to tax. More importantly‚ what would be the basis for the amount of tax? In my opinion‚ personal income should be the basis for the amount of tax to be paid. Therefore‚ the rich should pay more taxes than others. Why should the rich pay more taxes? They should pay more taxes because it is their obligation as the members
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Rich people should not be taxed more for making a lot of money. Doing so would basically discourage big entreprenuership and would make rich people feel like they are being punished for making big bucks. Taxing rich people more is not fair. The 14th amendment says we have equal protection under the law ‚ so in turn would mean everybody should be taxed at the same rate as the next guy. It would be illegal to tax the wealthy more. US citizens should all have the same percentage of taxation. If everybody
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