What Should America Do For The Tax Proposals Offered By 2016 Presidential Candidates

If the United States are going to tax people, then they should tax everyone fairly. Corporate welfare can be as close to those, who shouldn't receive food stamps, or people like panhandlers, who pay no taxes for the money they receive. According to Citizens for Tax Justice, “American Fortune 500 corporations are avoiding up to $600 billion in U.S. federal income taxes by holding more than $2.1 trillion” of retained profits offshore, which they identify as “permanently reinvested” to stay away from a tax liability. Millionaires and Billionaires as well regularly pay less in taxes than a middle class American. Huffington Post states that millionaires and billionaires benefit from tax loopholes, deductions, deferrals and other types of accounts. This show’s corruptness and unfairness because the 1 percent continues to profit while the 99 percent pay most of all the taxes. The 99 percent of the people struggle to pay the bills while the 1 percent worries about what sports car they will buy next. In addition, when Wall Street fails, the taxpayers have to pay for their damages. For example, Millions of taxpayers lost their jobs due to the 2008-2009 Wall Street collapse, yet they are unwilling to pay additional taxes to pay for education and healthcare for the people who bailed them out. The United States should eliminate corporate welfare until they agree

The tax policy in the United States is very confusing. When the tax policy was originally written in 1913 it was four hundred pages. Now, over the past ninety one years, that tax policy has evolved to over 72,000 pages. Since the tax code has become so lengthy and nearly impossible to understand, the topic of tax reform has been in the minds of many. Although, most barely think about tax reform until tax season. It is a controversial subject due to the impact a change in tax code would have on the American people. The two most popular and widely known stakeholders in this debate are the two major political parties in the United States, the Democrats and the Republicans. The two parties share absolutely no common ground on the subject of

Though Bernie Sanders and Donald Trump are on opposing ends of the political spectrum they both are channeling populist rhetoric to get their point across. The bottom line is that there has always been and continues to be citizen unrest in how the government is run. There is a general consensus that citizens feel that the officials they elect to office lack loyalty to constituents because private interests are funding their campaigns and wielding influence on policy. While both candidates are calling attention to the establishment politics within the beltway each have their own unique objectives: Sander’s focus is on calling attention to gross inequality and

Gary Johnson is a politician who is running for president this year. How will he create more jobs for our country and why do we think he would be fit as a president? He plans to adopt tax reforms and we as a country think he would be fit for president for numerous reasons,

Bernie Sanders cares about the future of this nation and that we should have the right to afford our education. He wants public college and universities tuition to be free but not any of the private colleges ("Bernie Sanders on Education”). Some people think that free public colleges and universities is a bad thing because we don’t know where the money is coming from, and if so it will probably come from us people. In spite of that argument, Bernie want to make a Robin Hood tax on the

First I urge you all to fix our broken personal tax code, a tax code that because of complexity allows some to slip by at the expense of the government and the American people. Our current process of personal income taxation is so complex most Americans are clueless as to how much they are paying and where it is going. What the American people want is fairness, what the American people deserve is fairness, and what this body of congress has the moral obligation to provide is fairness. Not only do we need to eliminate loopholes and complexity but we also need to tax at a level of Austerity that is realistic for our spending. Asking senators, congressman, and congresswoman to try implementing policy that could potentially mean

For the Democratic party, I will be taking a look into the proposed tax policies of Hillary Clinton as well as Bernie Sanders’. On the other hand, for the Republican Party, I will examine the tax policies of Donald Trump along with Marco Rubio’s. Before I begin comparing each of the four candidates, I will present some of the policies in the current tax code. This will help analyze the changes the candidates want to make when I immediately after list their tax policies and the specific changes they wish to bring about in order to improve the current tax code.

Bernie Sander’s economic plan is the only plan that makes the Middle Class and poverty its main focus. (Khusro, Tariq; Huffington Post.com) Why keep working long hours only to get what you’ve always gotten? Sanders want to not only improve America, but also it’s working class. By improving the roads, railways, and water sewage systems, Sanders is also creating more jobs (Fowardprogressives.com). Sanders stands firmly on the belief of “no one working hours a week, should still live in poverty”. Sanders also wants to raise minimum wage to 14 $ an

Bernie Sanders has proven himself a champion of the middle class since his humble beginnings in 1981 as mayor of Burlington, Vermont. Once he became active in office as a member of the Senate in November 2006, Senator Sanders began breaking grounds to help provide “affordable housing, progressive taxation, environmental protection, child care,” and women’s equality. Now that he has officially began his campaign in the 2016 presidential race, Senator Sanders is discussing his ideologies that he believes will help the American people overcome many commonly-encountered obstacles.

As the 2016 Presidential Election starts to close in on the primaries, we are now beginning to see the front-runners in both political parties. Donald Trump, who has been far ahead of the other Republican candidates almost the entire race, seems more and more likely to snag the Republican nominee, while Bernie Sanders has continued to climb in the polls on the Democratic side. Whether the next President is going to be Donald Trump, Bernie Sanders, or another candidate, it is inevitable that they will have to come up with a plan for gun control, health care, and have a foreign policy that can deal with the problems we face today. As Donald Trump and Bernie Sanders both represent different parties, some of their ideas still overlap one

Additionally, Sanders is running on a progressive platform, increasing taxes for the wealthy and expanding social services (Jewish Virtual Library). As a result of his political views and ambition, Sanders is currently polling in second place for the Democratic Party nomination. Not only, but during the Iowa caucuses, Sanders surpassed expectations and essentially tied with his opponent, Hillary Clinton (Jewish Virtual Library). Sander’s political endeavors have lead to a phenomenal chain-reaction among young voters which have not only enabled his message to be spread, but have also enabled his votes to be neck and neck with Hillary

He proposes to take down Obamacare and impose his own system, a single-payer health care system. Gerald Friedman, a professor in economics at the University of Massachusetts at Amherst has stated that the estimated costs of a system similar to the one proposed by Sanders will cost the federal government $15 trillion. In addition to this, each of his seven major projects, including public infrastructure and social security, will each cost $3.5 trillion more. When asked where Sanders proposes to get the funds for these projects, he diverts back to his plan to increase the taxes the wealthy. However, because it is unreasonable to rely on the wealthy population of America to cover tens of trillions of dollars of reforms, it is heavily implied that the funds will only contribute to the U.S.’s crippling debt. While Sander’s reformations will benefit the public, the financial burden simply cannot be comfortably overlooked when considering Sanders for the next President of the United

Donald Trump has finally released his tax plan. Hallelujah. His plan is filled with what many conservatives and liberals have been eagerly calling for. In part of his plan, he pushes for a flat income tax for all businesses at 15% and a repatriation rate at 10% claiming this will incentive companies to increase their presence in the US. He still relies on a graduated tax rate of 0%, 10%, 20%, and 25%, which is far more attractive to voters then the current rate of 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. This greatly appeals to lower income individuals because the widely held belief is that everyone is taxed and this belief will be to Trump’s advantage. His attacks on Wall Street and their profits and high salaries appeals to many Americans due to lackluster job growth and wage

Of the many Presidential Candidates that America has for the 2016 Presidential Election, there are those who have national television coverage and those whose names haven’t been announced to the world. Two candidates that have been climbing up the voting latter for their respective parties are the Democratic Presidential candidate Bernie Sanders who is currently said to be trailing closely behind the front-runner Hillary Clinton (The Huffington Post) and the Republican Presidential candidate Donald Trump who is known to be the unexpected wild card of the Presidential candidates. Both Donald Trump and Bernie Sanders have similar interest in their various policies but they approach each topic with a different stance. Out of their respected parties, both of these gentlemen stand out with their views on Equality and Healthcare. Although they both cover these sections in their policies, the way the two of them have decided to go about changing America is completely different. On the one hand, Bernie Sanders fights for the rights of women of every color and affordable HealthCare. Donald Trump has made it clear where he stands in relation to his views on Equality for women and the LGBTQI community. He’s against gay marriage and has been quoted numerous times for speaking badly about the women he’s come into contact with—his most well-known exploit is the vulgar statement he made about Rosie O’Donnell. Donald Trump also stands

Bernie Sanders has proposed a plan to rebuild America’s infrastructure at the cost of 1 trillion dollars. He plans to pay for it with “making corporations pay taxes on all of the profits they have shifted to the Cayman Islands and other offshore tax havens”. These companies made around 1.8 trillion dollars in the 2nd quarter of 2015. This calculates to around 9.8% of the annual GDP. Another troubling fact is federal taxes on these corporations have dropped from 32.1% of the annual earnings to a pathetic 10.6%. As of 2015, an estimate from a congressional report claimed there are around “$2.1 trillion in untaxed foreign profits”. More than enough to pay for the presented plan. This plan will also give work to around 13 million Americans. The