Discuss and evaluate the changes in tax policies under different administrations. When comparing the arguments for proportionality and progressivity in American tax policy, what are the factors that matter for the advocates of these positions and why?
What will be an ideal response?
Answer:
An ideal response will
1. Begin by noting that most of the discussions surrounding tax politics centers on who pays the most taxes.
2. Compare and contrast the ideas of progressive taxation and proportional taxation including the discussion about a flat tax from the "A Conflicting View" feature box.
3. Explain how different administrations approached tax policy, including the Reagan reduction in proportionality, the George H.W. Bush "Read my lips" pledge, the Clinton tax increases, the George W. Bush tax cuts, and the policies of Barack Obama.
4. Evaluate the results of the proposals and how they affected the overall nature of the tax question in the United States.
5. Provide a clear and concise conclusion.
You might also like to view...
It can be argued that in spite of critiques about "fluff" on television, this medium __________
a. is by far the most accurate in its presentation of news b. is still the preferred news source for young viewers c. best represents the tastes and wishes of most Americans d. is the most respected by today's politicians
Transferable skills are those that ______.
a. can only be acquired by attending more than a single educational institution b. cannot be taught and can only be transferred personally from one person to another c. cannot be replicated by others d. might be applied to a range of settings and job environments