Opposition to the Fair Tax

Essay specific features

 

Issue:

Business

 

Written by:

David P

 

Date added:

April 19, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1737

 

Was viewed:

3766 times

 

Rating of current essay:

 
Essay content:

Not enough evidence of practicality and beneficial results of FairTax to justify risks Pretty much everyone would agree that our current tax system is almost comically complicated, and that it is difficult if not impossible to accurately enforce. Despite evidence that the top 5% of earners pay about 60% of the income tax, many Americans readily believe that there are a myriad of ways the wealthy can take advantage of our byzantine tax system to pay less than their fair share...
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Despite evidence that the top 5% of earners pay about 60% of the income tax, many Americans readily believe that there are a myriad of ways the wealthy can take advantage of our byzantine tax system to pay less than their fair share. The widespread belief that our tax system is full of loopholes and caters to the special interest and the wealthy is a powerful driver for the immense public support for an overhaul of our current tax structure into a simpler and fairer method...
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