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

29/11/2021 Client: muhammad11 Deadline: 2 Day

Should The U.S. Convert To A Zero Personal Income Tax

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).

Using the Internet or Strayer Library, research one (1) country that has a zero income tax rate.

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:

Math Guru
Top Writing Guru
Top Grade Tutor
Essay & Assignment Help
Unique Academic Solutions
Instant Assignment Writer
Writer Writer Name Offer Chat
Math Guru

ONLINE

Math Guru

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$47 Chat With Writer
Top Writing Guru

ONLINE

Top Writing Guru

I have assisted scholars, business persons, startups, entrepreneurs, marketers, managers etc in their, pitches, presentations, market research, business plans etc.

$38 Chat With Writer
Top Grade Tutor

ONLINE

Top Grade Tutor

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$49 Chat With Writer
Essay & Assignment Help

ONLINE

Essay & Assignment Help

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$24 Chat With Writer
Unique Academic Solutions

ONLINE

Unique Academic Solutions

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$46 Chat With Writer
Instant Assignment Writer

ONLINE

Instant Assignment Writer

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$50 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

Market appeal robusticity matrix - CCM-5 - Year 7 spelling words australia - Imagery in sonnet 18 - Nsw fire and rescue fitness test - Warehouse stationery office chairs - Physics of basketball shoes - Rocky mount public schools - English - Cambridge ielts book 2 test 2 writing task 2 - Information governance failures - Psychotherapy - Advisory memo example - Elk grove unified school district v newdow - 06.04 the korean war - Four general education lenses - Ironic exclamation of amazement crossword clue - PA 1 Paper - Data Analysis & Business Intelligence - Why was the edict of milan important - Fear in year of wonders - New sat essay rubric - For a data set of brain volumes - 18/5 carousel close cromer - How to calculate enthalpy change of neutralisation - Navigating the Regulatory Environment in Health Care - Ramble rebel collective machine - Flora accounting services completed these transactions in february - Enron ethics case study - Pso health insurance - Qv flare up cream guardian - CFIAS3 - Frequency histogram & polygon - The most common allegation against therapists in malpractice suits is - 5 Tips Seeping With a virgin - Occupational risk - Wish you well questions and answers - Https static practicefusion com apps ehr login - Chemcollective virtual lab answers - Cpa plus network complaints - The distance from the sun to uranus - Supply Chain Management - Signals and systems laboratory with matlab pdf - Week 11 Discussion - Unit 345 business admin - Threat model data flow diagram - Euaw excel - Nissan case study total quality management - How to name haloalkanes - Beyond the beautiful forevers chapter summary - A high strength bolt is identified by - Rear window film techniques analysis - Molloy building chester university - 16 union street tighes hill - What is a synthesis claim - Individuality map the giver - Which of the following statements best describes the byzantine concept of caesaropapism? - Ifsm 300 stage 4 - 90b delmar parade dee why - Pseg meter reader test - This is our story book review - Excel capstone - Wk 6 - Apply: Signature Assignment: Smart Parking Space App - Article reflection - ACCOUNTING ASSIGNMENT - Leadership development programs in hsos - 6.02 x10 23 calculator - Stage left and right - Discussion - Artwork that uses appropriation - Macville sustainability initiatives - Programming Java Database - Monster energy music sponsorship - Advanced diploma of interpreting online - Vamos a argentina le doy cien dólares olivia estudia no quiero conducir mañana jaime sale - The polyvinyl chloride bar is subjected to an axial - Bca green mark residential building - Camp lejeune education center phone number - The supply of loanable funds is perfectly elastic - Geez software for pc - Dis 8 - Rock and roll gymnastics townsend ma - 5.6 on the richter scale - O connor's religious store latham - Computer architecture a quantitative approach appendix b solutions - Capsim emergency loan - Glycosuria medical terminology - Bass coast adult learning - Not my business poem analysis - Jamie eason diet plan - Gas solenoid valve location - How to write child observation report - What was the recovery key generated by bitlocker in this lab? - Accounting - Topic 2 DQ2 - Harvard business school everest simulation - P1220 timer control circuit - Economic Assignment (2 days) - Rationalism - The coral island sparknotes - CASE STUDY: PROJECT MODEL PART 2