Progressive Taxation Essay

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College Essay Discuss an issue or value of personal, local, national, or international concern about which you feel strongly. An issue, particularly for taxpayers in the United States, but also present in other parts of the world is that of progressive taxation. In the past few years, I have begun studying economics and advanced mathematics. I learned that progressive or exponential taxation is completely absurd. In the United States, there are different tax brackets for different people depending on one’s annual income. For instance, if one makes $0 to $8,500, he must give up 10% of that to the federal government; if one makes $1000 dollars per year, he must pay $100 to the federal government. Within a bracket, there is a set tax rate however, if one makes $379,150+ he must pay 35% of that total to the federal government; if one makes $1,000,000, he must pay $350,000 to the federal government. These numbers don’t mean much until you explore the concept of the ratio. Let us suppose that the income tax rate for all Americans, regardless of the total income, is 20%. This would mean that someone who makes $10,000 would pay $2,000 dollars in taxes; someone who makes $100,000 would pay $20,000 to the federal government. By default, somebody who makes more money than someone else will pay more money in taxes. The concept of the ratio is meant to be used as a scale; not everyone can pay a fixed amount of money so the ratio takes a percentage of ones income to make it fair for everyone. The amount of money taxed is the same compared to the total income for everyone; hence the definition of a ratio. This brings up the question, is a progressive tax really fair? Because of these increased and bracketed taxes, somebody who makes more money has to work harder to make each dollar. If I were to make $379,150 per year I would be required to give up 35% of my

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