Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Should the us convert to a zero personal income tax

25/12/2020 Client: saad24vbs Deadline: 7 Days

In 2017, Motley Fool reported at https://www.fool.com/taxes/2017/04/06/where-do-your-tax-dollars-actually-go.aspx that the U.S. Government spends about $2.7 trillion for various kinds of social insurance (Social Security, Medicaid and Medicare, unemployment compensation, veterans benefits, and the like). Another $604 billion, or 15.3% of total spending, went for national defense; net interest payments on government debt were about $240 billion, or 6.1%. Education aid and related social services were about $114 billion, or less than 3% of all federal spending.In spite of the services and benefits that the government provides, many taxpayers dread paying income taxes but consider them a necessary evil. Consequently, there is much debate about the inequities contained within the tax code, due to tax shelters and tax credits provided to some taxpayers (which thereby increase the tax burden on others).






Write a four to five (4-5) page paper in which you do the following:




Analyze the way in which the country you have researched provides services and benefits to its citizens without collecting personal income taxes.

For the country that you have chosen, determine whether the U.S. could adopt their taxation model without reducing its total amount of revenue (as currently generated by collecting income taxes from individuals and businesses). Justify your response.

Suggest at least two (2) advantages and two(2) disadvantages of the U.S. adopting a zero income tax model. Provide a rationale for your responses.

Speculate on the primary way in which the federal government could make up any shortfalls if it does not collect its targeted revenue from personal income taxes. Ascertain the most significant way in which the U.S. Department of the Treasury, through the IRS, can still adhere to its fiscal and monetary policies. Justify your responses.

Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other websites do not quality as academic resources.

Your assignment must follow these formatting requirements:




Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:


· Examine the types of taxes imposed at the federal, state, and local levels; the federal tax formula; and the rules for arriving at personal and dependency exemptions.


· Analyze the concepts of gross income and distinguish between the economic, accounting, and tax concepts of gross income and strategies to minimize gross income, maximize deductions, and minimize disallowance of deductions


· Use technology and information resources to research issues in federal taxation.


· Write clearly and concisely about federal taxation using proper writing mechanics.



Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Helping Hand
University Coursework Help
Best Coursework Help
Homework Guru
Top Essay Tutor
Writer Writer Name Offer Chat
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$110 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$112 Chat With Writer
Best Coursework Help

ONLINE

Best Coursework Help

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$110 Chat With Writer
Homework Guru

ONLINE

Homework Guru

Hi dear, I am ready to do your homework in a reasonable price and in a timely manner.

$112 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$115 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

105 springdale road killara - Menschen a2 1 übungen - St josephs aged care tweed heads - Fife online referral tracking system - Relationship between professional practices and scholarly ethics - Implementing a Health Program - Legal point of discharge maroondah - ME-3 - Excel chapter 9 - Keith rn case studies - Experiment 1 enzymes in food - Ucl medicine taster day - Study link 7.4 dividing squares answers - Foul disgusting crossword clue - Sports management HTML css website building - Forecasting applications at hard rock cafe - Receipt of keys form - Mini-Assignment - Finding childcare essay - Forrester cx maturity model - How would you define campbell's target market for soup - Bsa standard curve bradford assay - Limits of accuracy significant figures - Promissory note journal entry examples - Leadership and Ethics" Please respond to the following - South grange medical centre - Amy tan mother tongue main ideas - Mckesson hr department - What adjustment is made for underapplied overhead - Ns630n merlin gerin pdf - Www solverpaints com au - I am shockingly adept at swinging lamps - Elder abuse neglect or negligence presentation - Please help with Health Management - Bloomberg exam answers - Presentation on postpartum depression - Subramaniam v public prosecutor [1956] 1 wlr 965 - Writing assignment 6 - Of digby corporation’s products, which earned the lowest direct labor as a percentage of its sales? - What is biological weathering for kids - Neither black nor white ancheta - Proactive caller - SPSS Assignment - Critical Thinking Paper for Master Data Collections - Newham council free parking permits - Home bias has a potential information based explanation - 1 - buena gente rewrite each sentence, replacing the direct objects with direct object pronouns. - Cec testing and commissioning sheet - Discussion 2 - Kent state cisco vpn - Week 7 application security - Types of heat transfer worksheet - Agile project management agilism versus traditional approaches - How can i help u - Margin of safety formula pv ratio - Cupid and psyche love story summary - Dsdm consortium website - I need 1000 words Article on Real Industry. - Marketing discussion questions - T pentyl chloride molecular weight - Paulson company issues 6 four year bonds - Antioxidant e319 side effects - The smart balance wheel - Radius ratio of cscl - Assignment - Informative speech about exotic pets - Soap Note - Project Outline - Dsc thermal analysis ppt - Wireless client association process - Climate action - Epidemiology for public health practice test bank - Michael verde memory bridge - Dr david o carpenter - Guangzhou dream factory trailer - What are coincident lines - Www cfainstitute org toolkit your online preparation resource - Climate technology centre and network - Systems understanding aid solutions 9th edition - Hp deskjet 1510 paper jam - Group of bats collective noun - Swot analysis of biodegradable plastic - Question - Course project- managerial accounting - BUSI510 Week 2 Discussion - Week 10 - Going to meet the man summary - Zinnia union proposal - Supplementary services in service marketing - Scottsdale vet clinic pa - Hesta super binding nomination form - 1 9 x 3 5 - Nursing competency standards australia - Btn the stolen generation - Ups competes globally with information technology case study - Www hartnell edu canvas - Range rule of thumb and standard deviation - Paper Due ASAP - Prominent fluid controls pty ltd australia - Harold abel school of psychology