QuestionQuestion

This paper will argue for or against something that has to do with taxes. Mitt Romney hides his money in the Cayman Islands to avoid taxes. Epperson pays twice the rate on taxes as Obama. Many building contractors, carpenters, plumbers, etc., and small businesses use cash and don’t report their income. Amazon, Apple and Starbucks pay practically nothing in taxes. Is there anything wrong with this picture? Yes? No? Any arguments here? Any solutions?

Solution PreviewSolution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Why The Federal Government Should Revise Corporate Tax Laws
Outline
I. Issue: The U.S. federal government provides loopholes that allow wealthy corporations to avoid paying income tax.
II. Premises: Several corporations have been able to avoid paying taxes using federal loopholes
1. Objections
• Income tax plus state, local, and other taxes are expensive.
• If a corporation can avoid paying every tax, then it should.
• Individuals can avoid paying income taxes, too.
2. Replies to Objections
• Wealthy corporations should not be exempt from paying taxes, though individuals at or below the poverty line should be.
III. Solutions: Have Congress go after corporations avoiding paying income tax and revise federal tax law.
IV. Conclusion: The federal government needs to revise its tax laws so that the wealthiest pay the proportionately larger taxes instead of individuals in the lower income brackets.

Why the Federal Government Should Revise Corporate Tax Laws
A common saying is that one percent of Americans control 40 percent of the wealth (Holland; “How the Super Rich Avoid Paying Taxes”). So, if income scale is scaled from lowest income brackets to highest, it should follow that the wealthiest should pay the highest amount of taxes. However, the U.S. federal government provides loopholes that allow wealthy individuals, through the benefits provided to corporations, to avoid paying income, capital gains on common stocks, and estate taxes, among many other benefits....
$18.00 for this solution

PayPal, G Pay, ApplePay, Amazon Pay, and all major credit cards accepted.

Find A Tutor

View available Government and Politics - Other Tutors

Get College Homework Help.

Are you sure you don't want to upload any files?

Fast tutor response requires as much info as possible.

Decision:
Upload a file
Continue without uploading

SUBMIT YOUR HOMEWORK
We couldn't find that subject.
Please select the best match from the list below.

We'll send you an email right away. If it's not in your inbox, check your spam folder.

  • 1
  • 2
  • 3
Live Chats