Tax

I think the tax debate is a huge part of government. The government needs this money to run so they need an effective way to get it. The tax system we have now favors rich people. They can only have a certain amount of money that is taxed meaning that whatever amount of money over this set limit is pure profit for them and it goes untaxed. I feel that is unfair. They make enough money to pay taxes on it. If someone that only makes $35,000 a year gets taxed for all of their income why should someone else who makes $300,000 not be taxed on all of it?

I think that the best way to tax would be a flat tax. Everyone gets taxed the same percentage. This does in fact target rich people more than poor people but I feel it is better for the country. The rich people can afford to pay a little bit extra. The nation has a high poverty level so if the poor people paid less then it could help bring the nation out of poverty.

The flat tax I feel would also make the country more money. With everyone paying the same percentage the rich people would have to pay more in taxes giving the government more money. Some might argue that rich people earned their money and shouldn’t have that much taken but the same goes for poor people.  And on that I would bet that poor people work harder for their money than rich people. Let’s take LeBron James in to this. His last contract was for $21.57million, I would bet all of his salary that a farmer in South Dakota works 10 times harder than LeBron to make $50,000 a year if they even make that much. If we had a flat tax of 17%  LeBron would have to pay  $3.67 million and that farmer would pay $8500. Many would say that’s not fair but I think it is. My reasoning for this is that, that farmer works long hard hours and works to feed people in this country and he works for the people in a way to help them to survive. Why should he be taxed for that? LeBron James works for the people too but only for entertainment. He doesn’t have to work nearly as hard as that farmer and LeBron doesn’t benefit the economy like that farmer does. So I think that a flat tax is fair in this country and I think it could benefit the country.