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Money! I bet I have your attention now. Hard working Americans are consistently held down due to taxes. There are many unnecessary taxes that are taken from each individual every single year.
The 15 % sales tax concept eliminates the frustration and confusion of the different kinds of taxes, and creates more money for the federal government. This concept has been overlooked year after year since its conception. This is a 15 % sales tax; a tax that takes 15 % of all goods sold and gives it to our government. Be aware of the fact that it is now 7. 75 %; a lot of you may say, " 7. 75 % is way too much already." The answer to that question is no, no it is not. That 15 % sales tax goes directly to the federal government eliminating all income tax in ones paycheck.
Imagine seeing your paycheck without taxes taken out of it. It seems almost unimaginable to me; now we can imagine it. What does every employee constantly complain about every single paid day? What is one of the main topics that the presidential candidates stressed while campaigning?
How come people like drug dealers get a big advantage in this world when it comes to pay taxes? And again, what consistently holds down the hard working American? I have found a way to answer all those questions? This concept has actually found a way to tax everybody, not just the working ones. This concept also makes it fair and economical to our federal government, not just the individual taxpayer. Under the implementation of this concept an individual could receive a paycheck and have virtually no taxes taken from it.
This 15 % sales tax eliminates confusion, taxes everybody, and organizes the government in a way that has never been done. Eliminating the confusion of distributing all of the taxes throughout the country would be in our government's vital interest. Every two weeks I will go through the exact same ritual, I will receive my paycheck and furiously tare it open to see how much money I will be able to lose in the next two weeks. I'm always blessed with a beautiful number at the top that is very fair and deserving for the hard work that I do on the weekly basis. Then I always see a whole bunch of abbreviations, different dollar amounts, then the number at the bottom that always seems to depress me; one that is far less than the one on top I might add. All this stress, and then that unexpected bill we get in April.
As it stands right now, the government has individual taxes for individual needs. The key thing to remember is that regardless of what those needs may be, and the demand for them allows money to get allotted. Under this 15 % sales tax all the money goes to the federal government, and it is distributed as needed. Essentially, this makes the government more efficient, and much more simple.
The most important and beneficial aspect of this tax is that it taxes everybody. If there's one thing that has always bothered me in this life, it is being able to see drug dealers, prostitutes, loan sharks, and ect. , gain a financial edge in life over us because they have found a way to manipulate the system illegally. As we all know, regardless of what's legal or illegal, organized crime produces the most revenue from all big businesses in the United States of America. The amount of money that organized crime brings to the US in an annual basis is unbelievably more than what the biggest company in the US produces. This sales tax targets organized crime, and this is why: as it sits right now, we know that organized crime does not get taxed because they do not have legitimate work. Under the implementation of this sales tax, they would all be taxed.
Everybody in this world has to spend money on groceries, car repairs, the McDonald's big Mac, and things of that nature. Every time someone spends money, they " re being taxed and its going to the federal government. Imagine being able to tax the money from organized crime. That money alone will bring in more tax revenue to the federal government than any of us can imagine. For one moment, let's put organized crime on the back burner, and concentrate more on the working American. Let's simplify this concept and put it into terms that we can understand.
The average worker pays approximately 35 % in taxes taking into account sales tax at nearly 8 %, and approximately 28 % in income tax. Knowing those figures, now lets reduce that to 15 %. Quite astonishing I might say. The government needs to be run in an organized and efficient manner. Presently, there are many different areas where our tax money is distributed. Our tax money goes to social security, state tax, federal tax, and much more.
One thing that everybody is aware of is that different areas of our government have different demands. For example, social security in our country is in jeopardy. This is a big concern to people of my generation. The concern is that when we are of age to retire, there will be no money to fund us.
This plan let's the government and the people work together to eliminate problems like this before they ever get started. Along with producing much more revenue, this also eliminates many government jobs. These jobs will be eliminated because there won't be so many different branches to our government. We will now only need a select few to watch over the money, rather than having the whole chain of command for each and every department. Organization and efficiency in our government is key, and the less there is to worry about the better. While this concept is a good one, it's not absolutely flawless.
There are many wrinkles that indeed need to be ironed out. However, is a good starting block and something that could potentially change the country and how it operates? Whether this plan should actually be utilized or not, is not the question. The question is, what is involved with it, and how does a benefit our country? While I have talked about social security, it is not quite know exactly how that would be funded. Big businesses are another concern in this concept.
How will big businesses be taxed under the implementation of this plan? The main objective to this plan still stands tall; it eliminates confusion, taxes everybody, and creates an organized government that we could all be proud of.
Free research essays on topics related to: sales tax, big businesses, drug dealers, federal government, organized crime
Research essay sample on Organized Crime Sales Tax
