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
What are forms of price floors to lead inefficiency? Price floors frequently lead to ineffectiveness in the forms of: a. Inefficient allocation of sales in between sellers

Trends in current account: A  glance at  the net invisible  account suggests that its  ever-  rising  trend  from 2000-01 did not  only support  the  massive trade deficit but

Christina Romer and Jared Bernstein in "The Job Impact of the American Recovery and Reinvestment Plan" calibrated the impact of the proposed expansionary fiscal policy (we know it

In 2009, ABC Company made $2M of net profit and spent $100,000 on advertisement. In 2010, it made $2.5M of net profit and spent $150,000 of advertisement. Based on this information

How can we determine fixed exchange rate If a nation has a fixed exchange rate (say against a specific currency), the government or central bank may change this fixed exchange

Concept of Preference, Utility Function: Concept of Preference, Utility Function and Indifference Curve  Consumer preference ('R') specified by the above axioms can be represe

What are the contents in the market strikes back? a. Price controls • Price ceiling • Price floor b. Quantity controls quota c. Excise tax d. Inefficiency

i want a project topics in macroeconomics

Show the market for cigarettes paying particular attention to the price elasticity of demand and supply. What would happen to the total expenditure on cigarettes if there was a tax

The Marginal Costs (MC) for a firm is given by the function MC=50x. Please find the Marginal Revenues (MR) for each of the following scenarios (if appropriate). Then, find the prof