Are americans overtaxed - Essay Example

Comments (0) Cite this document
And why not, this is an issue that touches every American household and impacts on their way of life. Taxation not only causes worries and headaches, but…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Are americans overtaxed
Read TextPreview

Extract of sample "Are americans overtaxed"

Are Americans Overtaxed? of the of the Are Americans Overtaxed? Introduction The issue of taxation in America is one ofthe most hotly debated and contentious issues that has emerged in recent times. And why not, this is an issue that touches every American household and impacts on their way of life. Taxation not only causes worries and headaches, but impacts on our spending and disposable income. It also affects our quality of life and peace of mind. One can also debate on whether there is a need to work harder or get a promotion, if most of the increase in emoluments is eaten up by the taxman. The tradeoff between working harder or spending more time with friends and family affects our quality of life and overall well being as well.
In the book ‘Taking Sides: Clashing Views on Political Issues’, the authors George McKenna and Stanley Feingold have adopted a very good approach to dealing with many of the issues that are the subject of frequent political and public debates. After giving a brief explanation, they attach articles and writings from thinkers and essayists about the issues- one taking a ‘pro’ or positive stance and the other taking a ‘con’ or negative view point of the same issue. In this way by reading about the issue from both sides we become more informed not only about the issue at hand but the reasons why some people are in favor of it while others are against it. We begin to understand the whole issue better by looking at its different aspects, their dimensions and its effects.
Writing in favor of less taxation, in his piece called ‘Seven Myths About Taxing the Rich’ (McKenna & Feingold, 222), Curtis Dubay says that President Obama wants to raise the upper two tax brackets from 33 and 35 percent to 36 and 39.6 percent respectively, thereby impacting their after tax incomes or returns on investment. Dubay argues that there is a need to lower taxes across the board and do away with special tax benefits that serve the rich. But that is only one aspect of the problem. If we have to spend millions of dollars on the War on Terror in Afghanistan and Iraq, it will continue pushing our expenses and debt levels sky high. So it makes no sense to tax hard working Americans while those in Congress make the wrong decisions about spending. We will need to rein back on needless spending and put in some more austerity measures on a personal level where politicians need to lead by their own example.
Writing in favor of taxing the rich more, Steve Brouwer states in ‘If We Decided to Tax the Rich’ (McKenna & Feingold, 228) that over the years, there has been a concerted effort to limit taxes on the richer classes under the guise of donations, lobbying and vested interests that has dominated politics in peacetime as well as war. Efforts never cease to get the Administration on the side of the high class businessmen that have an enviable lifestyle, because the middle and lower classes slog for them. In fact, politicians in public office often own their success in so small part to political donations, and thus an unhealthy nexus has been created between the rich business or corporate class and the politicians who take public office and should know better. In the last financial crisis, people were dismayed that many of the bankers and mortgage companies that had stood to gain from fees and commissions were hardly called to task, while the brunt of it all fell on the general public. Such is the clout of corporate America that even Government cannot reform them as needed. The present value of future taxe receipts amount to as much as $44 trillion. However we need to also look at our major items of expenditure as the disparity between balance of trade and payments and between net value of imports and exports has been diminishing as well.
We have therefore examined both sides of the issue, and I have come to the conclusion that the rich do really need to be taxed more. There is simply too much economic disparity and an earnings gap between the rich and poor classes for the continued success of America and the satisfaction of people in society.
Works Cited
McKenna, George & Feingold, Stanley. Taking Sides: Clashing Views on Political Issues, 17th ed. McGraw Hill Higher Education, 2011. Read More
Cite this document
  • APA
  • MLA
(“Are americans overtaxed Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Are americans overtaxed Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Are Americans Overtaxed Essay Example | Topics and Well Written Essays - 500 Words)
Are Americans Overtaxed Essay Example | Topics and Well Written Essays - 500 Words.
“Are Americans Overtaxed Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Are americans overtaxed

Japanese Americans

...Unit This essay expounds on Japanese Americans origin, history, struggles and success. Research for the above topic has been conducted through Journals, books, and other educational sources. The research is evident and supported by the key question, in reference to the topic Japanese Americans, why they migrated to U.S, their current status in terms of political, socioeconomic, educational, difficulties they faced, how they were treated when they arrived in U.S and how they attempted to overcome any difficulties they encountered. Additionally, the paper also explores on the education equity today, in terms of what Japanese Americans have done to receive equal education opportunities...
9 Pages(2250 words)Research Paper

Outline of Chinese Americans and Mexican Americans

...? MEXICAN Mexican Americans and Chinese Americans I. Introduction The 2 groups chosen for analysis are Mexican American and Chinese American. The subjects for discussion for each group will be reasons for immigration, public policies and the ways theses policies affected immigration success, news stories exhibiting adaptation and the way these groups intersected with each other. In these days of globalization and large scale immigration it is important to analyze and promote the factors that will lead to future harmonious relations between Mexican and Chinese Americans and the larger society. II. Discussion Reasons for Immigration The original Mexicans in...
3 Pages(750 words)Assignment

Muslim Americans

...?American Muslims: A report on Contemporary Socio-political Issues Introduction According to the widely held understanding in the society “a person who believes in prophet character of Muhammad” belongs to the Muslim community. However there are also other definitions pertaining to the identity of a Muslim in theological approach. Some theologians advocate that in addition to the belief in God and the Prophet, a number of other beliefs are also necessary to define an individual as a Muslim. Nevertheless the legal approach for defining a Muslim is much less ad hoc. Accordingly, “any person who accepts the unity of God and the prophetic character of Mohammad is a Muslim and is subjected to Musulman law (Duhaime).” Muslims...
6 Pages(1500 words)Research Paper

Americans Migration

...ESSAY NO. 1 During 1930s, more than a million Americans migrated to California from Midwest and Southwest. The arrival of Okies and Arkies to California ignited the spark of physical and ideological differences, the differences went severe once the communities were not able to develop an understanding on seasonal farm labor, and argued on the methodology for the acquisition and treatment of social farm workers. Carey McWilliams publicized the predicament of farm workers, and discussed the influence of prominent Communists in 1933, the nature of influence was extremely concentrated which led to the call for four-week cotton strike. Carey McWilliams was a “corporate lawyer and aspiring writer”; he was based in Los...
2 Pages(500 words)Essay

The Americans in Typical Americans

...The Americans in “Typical Americans” This paper encompasses a discussion of the characters in Gish Jen’s book “Typical American”. More specifically, it will investigate the characters Ralph, Helen, and Theresa had how and if they become Americanized in the story. Jen’s work has been acclaimed as an ironic piece of literature and most critics contend the irony exists in the title of Jen’s work. Jen is a Chinese American writer so the references to the Asian American culture in the work are credible. Typical American is about the lives of three Chinese immigrants in New York. The three immigrants are the characters that...
7 Pages(1750 words)Essay

African Americans

...African Americans: Questions What are the primary cultural characteristics of African Americans? African Americans represent American citizens whose ancestry can be traced to be of African origin (Hall, 2005). African Americans form a significant part of the American population and are a significant part of American history (Anderson & Stewart, 2007). Many African Americans today come from families that were originally brought to the Americas as slaves, and as a result are part of a group that defines itself through its independence of the white culture (Hall, 2005). African Americans are...
2 Pages(500 words)Essay

Kidney trafficking

...are willing to receive a kidney from either a cadaver or a living person; and only insist on doctors ensuring that the organ is healthy. According to Budiani-Saberi & Delmonico (2008) 65,000 Americans in 2007 alone were documented in the kidney transplant waiting list. Even though there have been concerted efforts to increase the incidences of live organ as well as cadaver donations, this has hardly met the demand for human organs in developed nations. This is what has spurred the black market organizations that trade in human organs (Shelley, 2010). To curb this illegal practice, there will have to be more awareness and campaigning done to inform the public about the importance of donating organs so that more people...
8 Pages(2000 words)Essay

Black Americans

...What is the thesis of the article? While Americans enjoy the 4th of July each year as the day of liberty and an end to an oppressive rule, they also practice the same oppressive rules as their colonizers. The black Americans were still being treated as slaves despite being freed on this fateful date in 1776. 2. Who is the audience? The audience in this article is the American people. The people represented by the president, the normal citizens and the slaves, who after 76 years of independence are enjoying the fruits of liberty. 3. What evidences do the authors use to make their points? Black Americans were subjected to harsher punishment than their fellow white...
1 Pages(250 words)Essay

Asian Americans

...Asian Americans Asian Americans The Asian Americans are referred to as the American community originating from Asia. These are thepeople originating from Southern Asia, Far East and the Indian subcontinent. The races originating from those continents include Indian, Koreans, Filipino, Chinese, Japanese and Vietnamese among others. As a nurse, while dealing with Asian Americans, an individual should consider the cultural practices in order ensure quality. As a nurse one should meet the Asian Americans aspect of care by providing their medication and serving their activities of daily living. A nurse should not forget to put in to...
1 Pages(250 words)Assignment

Lowering the Cost of Improving Student Health

... Lowering the Cost of Improving Student Health In the words of one of the greatest philosophers of our time, Voltaire, Nothing would be more tiresome than eating and drinking if God had not made them a pleasure as well as a necessity. In my honest opinion, what could me more tiresome, at least in the long run, is eating stale food. My enthusiasm and interest in cooking has made me realize how easy it is to get a food borne illness from food that has been improperly stored or prepared. I have witnessed students ignore simple guidelines of food safety. According to the Center for Disease Control (CDC), approximately 76 million Americans will contract a food borne illness this year ("Foodborne Illness", 2005). Ilnesses may range... impact...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Are americans overtaxed for FREE!

Contact Us