Taxation in the United States

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    United States Tax System

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    Many in the United States wonder if the tax system is fair? The U.S. tax system is setup on both a federal and state level. There are several types of taxes: income, sales, and capital gains. Federal and state taxes are completely separate and each has its own authority to charge taxes. The federal government does not have the right to interfere with state taxation. The U.S tax system is unfair due to the fact that the rich have to pay more tax than the poor which is very concerning for most rich

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    Double Taxation

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    Introduction Double taxation arises when an individual or business acquiring income in a foreign country is required to pay taxes on that income in both the foreign country as well as the country of origin. For example, an American company operating in a developing country, in the absence of a tax treaty between the two countries may have to pay a withholding tax to the government of the developing country, as well as corporation tax to the United States government (Howard, 2001, p. 259). The

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    Taxing and E-Commerce Essay

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    concerning taxes. Because of the global nature of the World Wide Web, and more than 30,000 tax jurisdictions in the United States (US), (Internet Taxation) it is easy to see the complications that exist in the taxation of e-commerce. Who do you tax? How is it collected? Can taxes be collected from a sale that was made in another state, and what is considered a substantial “nexus” in the buyers state. Because 75% of the

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    subjected to double taxation ("tax treaty"). Tax treaties, were developed with the purpose of avoiding double taxation on worldwide income as well as tax evasion by resident individuals earning income from abroad. South Africa currently has a tax treaty with the

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    Swedish Welfare System

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    has created a social welfare state that has eliminated a great deal of poverty by providing extensive government aid to all citizens. It is referred to as the “Swedish Model”, and is based off of the belief that all citizens are entitled to help from the government. Although tax rates may be high the benefits by far outweigh the downfalls. The “Swedish Model” is more efficient and effective at equalizing citizen welfare than the United States’ system; in the United States the rich get richer, and those

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    The United States tax system is a vastly complicated, with almost six thousand pages and a little over three million words, the federal tax code can impede anyone trying to comprehend it. With annual changes and jurisdictional complications, even with some understanding of the federal tax code, its complexity grows. American’s spend enormous amounts of time filling out and filing taxes every year but, many citizens have no idea what their taxes are actually contributing to. Is the current tax system

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    Flat Tax Reform

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    There is an issue that has plagued the United States even prior to the founding of the nation. That issue is fair taxation. While the American Colonists were being taxed unfairly without parliamentary representation, average modern Americans are being taxed unfairly without legal representation. Some believe that the progressive tax code employed by the United States is fair as the wealthy pay a higher marginal tax rate. The operative word there being marginal. As the upper class typically have a

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    returns and credits. Currently, thirty-four states use progressive income tax systems, and seven states utilize flat tax systems. The remaining nine states either have no income tax or a “limited income tax” on individuals, taxing only dividend and interest incomes (i.e. AK, FL, NV, SD, TX, WA, WY, NH, TN) (Bell). A progressive tax system is most commonly referred to as a tiered income tax that shifts more of the revenue burden onto the wealthy. Taxation has been a part of human history since the

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    Republicans, is opposed to Internet taxation saying that it is too costly to collect taxes on Internet purchases. They also believe that since Internet retailers do not have a physical presence in every state, why should the state receive sales tax on a nonexistent store in that state? This would be taxation without representation (par. 18 Lukas). On the other hand, the liberals, also known as democrats, believe that taxation of the Internet should be lawful because

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    North American colonists chose to revolt against the king to get rid of unfair taxes and unjust treatment of its citizens. When the U.S. Constitution and Bill of Rights were made, the developers made sure that there was taxation with representation, and no cruel and unusual punishment. Every time there is a war, money must be raised to maintain it. However, unlike the king, taxes were made without proper reason and proof made it harder for colonists to understand why the king's actions were justified

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