Question 2

The assignment is due three weeks from when you take these questions. Papers will not be accepted late. The book describes a newspaper article where a mother of three children in 1983 earned $12,000 and she paid more in federal taxes then Boeing, GE, DuPont and Texaco. As a result of such inequities in 1983 the American people lost confidence in Congress and the Federal Income Tax System. Do you believe the current taxing system is fair and what tax policies in the book would you like to have been adopted and what policies in the book adopted should not have been. Please be specific. Tell me in your own words what the practice of transition rules are and give me your favorite example. Throughout the book the oil and gas industry had many people looking out for it. In your opinion who was the most supportive of the industry and was the most influential in protecting it. Please identity who you believe this person was and give specific examples to back up your opinion. Lobbyists spend a tremendous amount of money trying to influence Congress. Discuss specific examples in the book and make recommendations for the future how you would like do see this practice regulated or unregulated. While reading the book, what was the one issue, event, lesson that made you say "I did not know that" or "made you think the most about our current tax structure" and why? The assignment is due three weeks from when you take these questions. Papers will not be accepted late. The book describes a newspaper article where a mother of three children in 1983 earned $12,000 and she paid more in federal taxes then Boeing, GE, DuPont and Texaco. As a result of such inequities in 1983 the American people lost confidence in Congress and the Federal Income Tax System. Do you believe the current taxing system is fair and what tax policies in the book would you like to have been adopted and what policies in the book adopted should not have been. Please be specific. Tell me in your own words what the practice of transition rules are and give me your favorite example. Throughout the book the oil and gas industry had many people looking out for it. In your opinion who was the most supportive of the industry and was the most influential in protecting it. Please identity who you believe this person was and give specific examples to back up your opinion. Lobbyists spend a tremendous amount of money trying to influence Congress. Discuss specific examples in the book and make recommendations for the future how you would like do see this practice regulated or unregulated. While reading the book, what was the one issue, event, lesson that made you say "I did not know that" or "made you think the most about our current tax structure" and why