Federal income tax be changed to a flat tax, Macroeconomics

Take a position on the following economic issue in the "yes" or "no" selection, support your position with economic theory and critical thinking skills.

ISSUE: Should the Federal Income Tax Be Changed To a Flat Tax?

There have been several proposals to change the U.S. federal personal income tax from its current progressive structure to a flat tax where everyone pays a tax equal to the same percentage of her or his income, regardless of the size of that income.

 

Posted Date: 3/13/2013 2:28:19 AM | Location : United States







Related Discussions:- Federal income tax be changed to a flat tax, Assignment Help, Ask Question on Federal income tax be changed to a flat tax, Get Answer, Expert's Help, Federal income tax be changed to a flat tax Discussions

Write discussion on Federal income tax be changed to a flat tax
Your posts are moderated
Related Questions
Granting a loan: When commercial banks lend, they create money. This can be explained by extending the hypothetical example of Bank

A company is considering two types of water heaters. The associated costs are shown below. The estimated annual cost of operation for oil heaters equals 365 x 41045/EF x Fuel Cost

it has been argued that economic development of developing countries has been held back by a persistent fall in the terms of trade of developing countries over the long run

"The price of Brent crude oil has hit $111 a barrel and US crude also rose in price, as worries persist about the unrest in Libya". (BBC News, 2011) This quote, from the BBC news w


Suppose a firm raises $23 million dollars by issuing debt at a cost of 6.1%, raises $14 million by issuing common stock at a cost of 8.6% and raises an additional $10 million by is

You are developing a sampling protocol whereby you're going to insert a probe into a turbulent flow in a circular conduit of radius R. a. Using a description of a velocity profi

Explain the Economic functions of money - A unit of account In a monetary economy, all prices may be expressed in monetary units which everyone may relate to. Without money,

QXd = 14 - (1/2)PX and QXs = (1/4)PX - 1 Instructions: Round your answers to the nearest whole number. a. Determine the equilibrium price and quantity. Show the equilibrium g

explain with illustration the meaning of credit creation in commercial banks