Wednesday, May 8, 2013

Taxes

Progressive Tax:
PRO:The progressive U.S tax codes makes it so that the wealthy must pay their fair share.The taxes are made so that everyone is being taxed based off of what they have.With progressive tax more jobs are available.
Con:With progressive tax there are a lot of loopholes that people could find a way out of paying the amount they should. Also we are depending a lot on the rich to pay their taxes for us to have money.
I don't agree with progressive tax
NST:
Pro: With Nst everything that everyone buys is taxed.With everything being taxed it would be an easy way to get money in to our economy.
Con: It might not be enough money to keep our economy to stay up if our only tax is on things that we buy. Also currently not every state has taxs and states that do have tax if people live close enough to a state that doesn't have a tax

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