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Taxes- The previous Republican administration cut taxes for everyone, with the biggest savings going to the wealthy and to corporations. Tax rates are effectively at
Taxes- The previous Republican administration cut taxes for everyone, with the biggest savings going to the wealthy and to corporations. Tax rates are effectively at their lowest level in generations. Some see this inequality as a problem. How do you propose the government raise its revenue? In a well written, thought out paragraph, please explain for each tax listed below what you will increase, decrease, or keep the same, and why. Personal income tax? Corporate tax? Tax codes--tax write offs and loopholes? Other tax ideas-- "sin taxes", carbon taxes, national sales tax? Consumption tax
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