pitch

5
What is the Best National Tax System for the United States? By: Madison Elliott

Upload: madii-elliott

Post on 27-Sep-2015

8 views

Category:

Documents


0 download

DESCRIPTION

ENC1102

TRANSCRIPT

What is the Best National Tax System for the United States?

What is the Best National Tax System for the United States?By: Madison Elliott

Current System:The current tax system is a progressive income tax, but a flat income tax could be more beneficial.

Perspective 1:The first alternative would be switching from a progressive income tax to a flat income tax.Perspective 2:The second alternative would be switching the income tax to a consumption tax.

Perspective 3:The third alternative would be switching from an income tax to a hybrid tax. Hybrid=Income Tax + Consumption Tax