Sunday, February 17, 2019

Taxes and the Deficit: We MUST Return to the Fundamentals of our Consti

The United States of America is not leading into the direction our country was meant to lead. Our Forefathers that came ahead us and settled in the United Sates, fled here to be destitute from tyranny. They were escaping from Great Britains strict control and harsh imposeation. After cave in in America the Constitution was drafted to form a perfect Union, spend a penny justice, insure domestic tranquility, provide for the common defense, promote the general wel distante, and sterilize the Blessings of Liberty to ourselves and our Posterity (Preamble to the United States Constitution). After reading the preamble, I reread, and wondered how hindquarters the US be in the situation were in, if that is what our country was built on? What direction is our country headed in, how is measureation hurting or benefiting us, and what mass we do to better ours and our childrens future? The direction that our country is taking is furthermost from the direction that Thomas Jefferson , Benjamin Franklin, or James Madison had in the first place anticipated for America.The current US budget deficit is close to $1.5 trillion. If Americans were undeniable to pay for administration spending this year, wed have to work an especial(a) thirty-eight days to earn enough money to pay only our taxes. Approximately forty seven percent of Americans will not be eligible for any income tax return, just now because of EITC (Earned Income revenue enhancement Credit) and other assign implemented by Obama and Bush a majority will see a tax credit. I am a supporter of tax credit, however I also think that there should be a cap to limit your tax credit. Doing this could provide a credit for everyone, but having a limit can help to utilize money in many different areas. Money that we dont have is creation printed, spent, a... ...e money you invest, youll never see, because of governing spending. After a clean-house within the government and Americans morale improve s. I believe that taxes are gener whollyy good, except when onerous is used to fulfill greed. If to a greater extent than people invested in their future more soon, spent money wiser, saved money, and supported their communities their lead would influence others to do the same.Works CitedIndependence Hall Association. Constitution of the United Sates. Retrieved April 25, 2010, from http//www.ushistory.org/documents/constitution.htm.Cassidy, John. (April 7, 2010). Rational Irrationality. Retrieved April 11th, 2010, from http//www.newyorker.com/online/blogs/johncassidy/2010/04/who-pays-federal-income-tax.htmlThe revenue enhancement Foundation. (2010). America Celebrates Tax Freedom Day. Retrieved from, http//www.taxfoundation.org/tax unthawdomday/ Taxes and the Deficit We MUST Return to the fundamentals of our ConstiThe United States of America is not leading into the direction our country was meant to lead. Our Forefathers that came in the first place us and s ettled in the United Sates, fled here to be free from tyranny. They were escaping from Great Britains strict control and harsh taxation. After settling in America the Constitution was drafted to form a perfect Union, run aground justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and serious the Blessings of Liberty to ourselves and our Posterity (Preamble to the United States Constitution). After reading the preamble, I reread, and wondered how can the US be in the situation were in, if that is what our country was built on? What direction is our country headed in, how is taxation hurting or benefiting us, and what can we do to better ours and our childrens future? The direction that our country is taking is far from the direction that Thomas Jefferson, Benjamin Franklin, or James Madison had in the beginning anticipated for America.The current US budget deficit is close to $1.5 trillion. If Americans were required to pay for government spending this year, wed have to work an particular(a) thirty-eight days to earn enough money to pay all our taxes. Approximately forty seven percent of Americans will not be eligible for any income tax return, but because of EITC (Earned Income Tax Credit) and other credits implemented by Obama and Bush a majority will call for a tax credit. I am a supporter of tax credits, but I also think that there should be a cap to limit your tax credit. Doing this could provide a credit for everyone, but having a limit can help to utilize money in many different areas. Money that we dont have is macrocosm printed, spent, a... ...e money you invest, youll never see, because of government spending. After a clean-house within the government and Americans morale improves. I believe that taxes are generally good, except when burdensome is used to fulfill greed. If more people invested in their future more soon, spent money wiser, saved money, and supported their communities their lead would influence others to do the same.Works CitedIndependence Hall Association. Constitution of the United Sates. Retrieved April 25, 2010, from http//www.ushistory.org/documents/constitution.htm.Cassidy, John. (April 7, 2010). Rational Irrationality. Retrieved April 11th, 2010, from http//www.newyorker.com/online/blogs/johncassidy/2010/04/who-pays-federal-income-tax.htmlThe Tax Foundation. (2010). America Celebrates Tax Freedom Day. Retrieved from, http//www.taxfoundation.org/taxfreedomday/

No comments:

Post a Comment