ipl-logo

Argument For The Poor And Low Income Tax

1233 Words5 Pages

The infamous debate of taxes stems from one unruly question: should the wealthy pay a greater percentage of taxes than middle and lower income people? Current tax laws are considered a progressive tax structure. This means the more you make, the percentage of taxes progressively increases. According to Forbes, “The top rate will fall from 39.6% to 37%. The bottom rate remains at 10%, but it covers twice the amount of income compared to the previous brackets” (Forbes). People get taxed different amounts depending on their income, which had created a political feud between Republicans and Democrats. One common question that comes up in this debate is “Is it fair for the rich to have to pay more than the poor?” Often times Conservatives want equal …show more content…

One way people approach this debate is through their religious beliefs. Although the Catholic Church does not has not released an explicit statement of which side they favor, we can use Catholic principles and ideas to come to the conclusion that the Catholic Church would favor the top one percent of wage earners to pay a higher percentage order to redistribute wealth throughout the United States of America. I assume that this would be their position, because one of the Catholic Social Teachings is Option for the Poor and Vulnerable. This encourages them to want more taxes to be collected in order to fund programs to alleviate the struggle that poor people endure. Additionally, if you look at the justice triangle, society owes individuals through distributive justice. This means that the government should be responsible to help individuals—especially those who are not as well off. Another side of the justice triangle is commutative justice where individuals owe other individuals. The top one percent of wage earners should help support other individuals by providing them resources to become more successful. The top one percent of wage earners gets help form the other individuals by having them work for their companies—for example. The final side of the justice triangle is legal justice—where individuals owe society. In this case, the top one percent of wage earners owe society a percentage of the money they earned in order to help fund government-run programs. All things considered, instead of requiring the top one percent of wage earners to pay a higher tax rate, everyone should pay the same rate regardless of their financial status since they already have to pay larger sums of money to the government and often they do not use the government-run organizations that are being funded by their tax

Show More
Related

  • A Rhetorical Analysis Of Contributor To Forbes By Tony Nitti

    261 Words  | 2 Pages

    Contributor to Forbes, Tony Nitti identifies which classes and types of people will benefit from the recently passed tax bill. At the time the article was written, the bill had not yet been signed into effect by the president. According to Nitti, “Tonight's victory belonged solely to the Republicans. The Senate passed the bill without a single "yes" vote from one of its 48 Democrats, but then, this was the plan all along.” He also pegs the winners as corporations, the richest one percent, and the middle class- “for now.”

    Read More

  • Tax Rates During The Early 1900s

    446 Words  | 2 Pages

    When the government spends, there is more money flowing through the economy. The last chart shows the share of taxes that the top 1 percent contributes to our economy. The tax shares of the top 1 percent are around 20 percent. While the top 1 percent earns about 40 percent of the nation’s wealth, they’re only contributing 20 percent of what they’re earning back into the economy. This information is relevant because the share of taxes for the top 1 percent is not proportional considering the amount they’re earning.

    Read More

  • Dee Myers 'Politico': Article Analysis

    674 Words  | 3 Pages

    When Myers explained how tax structure is, she said, “the 400 Americans with the highest adjusted gross income saw their effective tax rates plummet from 30 percent in 1995 to 17 percent in 2007” (par.14). Myers tells us that the reason for this is because some big companies, like General Electric in 2010, don’t pay corporate taxes, and still benefit from millions of dollars in government subsidies. The people should know where their tax dollars are going, and to show that most of the time we don’t even benefit from what we pay for taxes, it’s the big companies and wealthy class that get the benefits. The Shorthorn readers may find it important to know how much they are spending on taxes and where their tax dollars are going, but Myers doesn’t provide enough information to back her

    Read More

  • The View Of The Populist Party Of 1892

    646 Words  | 3 Pages

    The income tax would try to even the playing field, so the rich would have to pay higher taxes while the poor pay smaller taxes. Also, the income tax would serve as payment for the government so in turn they can pay for different areas of

    Read More

  • Declaration Of Independence Essay

    614 Words  | 3 Pages

    the Pew Research Center found. The some corporations that don’t pay their fair share maintain of higher income families or also know as rich people. The lower income families were found to pay more than they should and that the Government bank on them more than the higher income. Finally, the medium income families present that the taxes should be reformed. What has this to do with the Government getting its’ power from the people?

    Read More

  • Middle Class Tax Cuts

    1003 Words  | 5 Pages

    Not only are the percentages that the middle class is taxed are high. The percentages never go up again after reaching a certain annual income. This is a fundamental flaw in the US tax code. But some people mostly upper class tax payers and political lobbyist do not think it is real. Our newest civil rights struggle is the income gap between the rich and the poor.

    Read More

  • Income Inequality In America

    968 Words  | 4 Pages

    65% for the “upper middle” bracket 19% of the U.S population. And a whopping 275% of taxes for the 1% of the U.S. These numbers undeniably show a non “equal” society but one out for the 1% and other high rollers. America isn’t protecting the people at the top nor the bottom.

    Read More

  • Essay On Flat Tax

    1766 Words  | 8 Pages

    Should America implement a flat tax? According to Steve Forbes “For many years, people have said, ‘Make the rich pay more,’ and many politicians have said, ‘The rich people need to pay their fair share,’” (Forbes) but what do we think is really fair?

    Read More

  • Rhetorical Analysis Of Progressive Taxes By David Brooks

    1052 Words  | 5 Pages

    Why should the poor and rich have to pay the same amount of taxes if they make extremely different incomes? Brooks focuses on the social and migration problems of progressive taxing and doesn’t apply his thought to the economic issues, as he

    Read More

  • Essay On Inequality In America

    411 Words  | 2 Pages

    Wealth and Inequality in America Inequality The inequality in America has increased over time; the gap between the rich and the poor has become a problem that many Americans don’t see. Inequality is the extent of income which is distributed unequally among the citizenry. The inequality of the United has a large gap between the poor and the rich making it unfair to the population, the rich are becoming wealthier and the poor remain poor. The article “Of the 1%, By the 1%, For the 1%”, authored by Joseph E. Stiglitz describes that there is a 1 percent amount of American’s who are consuming about a quarter of the United States income in a year.

    Read More

  • Biographies Of Hegemony Analysis

    1147 Words  | 5 Pages

    Title Economic inequality was created. Lots of factors lead to the long-standing social inequality, such as gender, ethnicity, age, level of education and so on. How would people split up income between the top ten percent and the rest if it were up to them? It depends on which group they belong to. They strive for more benefit for themselves.

    Read More

  • Luxury Tax Inequality In Society

    2060 Words  | 9 Pages

    On the one hand, providing state subsidy might be a good tool for this challenge. In this way relatively poor people in society are helped to increase their welfare and to limit inequality. On the other hand, there is the possibility to decrease inequality by limiting some of the welfare of the relatively rich people in society. This can be done by raising taxes on luxury goods while keeping the tax on other goods the same. However, a sales tax on

    Read More

  • The Pros And Cons Of Flat Tax

    1897 Words  | 8 Pages

    Should we tax the rich more? There is an ongoing debate in the USA and across the world about how big the tax contribution of the wealthy should be and whether it should be increased. The nonpartisan Tax Foundation found GOP candidates are proposing anywhere from $2 trillion to $12 trillion in tax cuts over the next decade. How they do that is up for debate. Both Republicans and Democrats favor tax cuts in some instances.

    Read More

  • Argumentative Essay: Should Rich Pay Higher Taxes?

    1212 Words  | 5 Pages

    That is not reducing the tax rate, we’re just making the middle pay more than the rich, and right now that is what is exactly happening. I know that most wealthy people work hard for their money, but we have people in the lower class barely getting by while the wealthy people throw around hundred dollar bills and don’t care about what anyone else thinks. They waste their money on things they don’t need while people in the lower classes struggle everyday. People that have financial disadvantages live paycheck to paycheck while the wealthy people just walk around with lots of money that they’ll waste on things they don’t need such as gold marbled tiles or million dollar perfumes. The least they can do is give a little back to the

    Read More

  • Should Rich People Pay More Tax Essay

    752 Words  | 4 Pages

    Do you ever think of why should or shouldn’t the rich people pay more tax than others? Nowadays, people are arguing about the fairness of paying more tax. Statistics have proven that the rich have paid the majority of U.S. income taxes. A person making $100,000 will pay a higher percentage of his income in taxes than a person making $20,000 for instance. According to the Congressional Budget Office, “The 10% of households with the highest incomes pay more than half of all federal taxes.

    Read More

More about Argument For The Poor And Low Income Tax

Open Document