Analytical & Evaluative Paper

The main concepts of the article are describing the corporate welfare system and how it is responsible for growing economic imbalances between the poor and rich populations. The article elaborated on how we cannot ignore the issue anymore because of the substantial loss that we are facing by letting the gap grow (Huff, 1993). The article also goes into the IRS and how there are tax exemptions and deductions that people qualify for and what is allowed.

2. Again, review the DFDs you developed for the Petrie's Electronics case. (I have placed the level 1 diagrams in the Project Workbook - Week 3 folder in doc sharing, use your homework solution for the Record Customer Activities level 1) .

In the article, Buffett started with the comparison between the poor/middle class and the member of the rich class like himself. The comparison shows the fact that the poor/middle class people actually contribute more as a percentage of their income toward society but ironically according to the government policies they have pay more taxes.

Alyssa Battistoni makes some very good points in her article, “The Public Overwhelming Wants It: Why Is Taxing the Rich So Hard?” regarding how the wealthy have a big part in influencing the government and taxes. Her article makes valid points on how we, as citizens, under estimate the political influence of the rich and that we have a hard time understanding the magnitude of the economic inequality and the relationship it has with political power (Battistoni, 720). She states that many of the politicians themselves are in the wealthy category. This article shows the frustration Battistoni feels by the tone and wording she uses to make her examples such as when she states that we are getting caught in a negative feedback cycle as the rich

The George W. Bush administration is remarkably renowned for passing a major tax-cuts package, known as the Economic Growth and Tax Relief Reconciliation Act of 2001, (Bartels, 2005, p. 19). The package postulated a reduction in the federal income tax rates, increment in the child credits, augmented tax-free retirement contributions and the educational savings account, as well as a gradual elimination of the US estate tax. The entire tax package was to cost the US Treasury over $1.3 trillion (excluding interest) up to 2010, the expected expiry time of the package. If the system was to continue in the later years, the Treasury could end up spending over $200 billion each year. According to Bartels (2005), The Bush move was supported by the ordinary citizens before the passage of the package. The people’s support was not meant to imply the way they were impressed with the package as contributing to inequality, as they were mainly concerned with their own individual welfare. Notably, they wanted a system that could relieve them from paying massive or burdensome amounts of taxes. Though contrary to the perception of the legislation by the people and their personal preferences regarding it, 36% of the tax benefits were to accrue to the richest, who comprised only one percent of the American population. The share was almost equal to the one that was received by those in the bottom who constituted around 80% of the population (Hacker & Pierson, p. 33).

Whitney high school is one of the finest schools in the state of California which has continuously posted excellent performance, particularly in the state-wide examinations. In the recent times, this performance trend has been negatively affected due to the admission of several immigrant students who have several learning deficiencies and are, therefore, in a dire need for an expanded curriculum that is inclusive of their learning needs. Teachers in Whitney school have got several years of experience teaching predominantly white and native students. As a matter of fact, nearly three-quarters of the teacher population has had no contact with students from other racial backgrounds. Some of the instructional materials used in the school are

Class-warfare is a term that is often thrown around by Republicans to describe any attempt to tax the upper-class, and yet Republicans and Democrats alike have found common ground when it comes to eliminating the carried-interest tax break. Recently, President Barack Obama met with Business Roundtable, an association comprising of the nation’s top CEOs, to argue his case for eliminating the prominent tax loophole. He states that the tax loophole provides no recognizable economic benefit, but instead is causing the middle-class to suffer financially as a consequence. With the current income disparity levels at record highs, the financial industry has also become the new target for many 2016 presidential nominees such as Sanders, Clinton, Bush, and Trump to name a few. So the question that begs to be answered is “will

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 hold the belief that the progressive tax code employed by the United States to be fair as the wealthy pay a higher marginal tax rate. The operative word there being marginal. As the upper class typically has a much lower effective tax rate since they are able to afford tax attorneys who are able to find many deductions that average citizens are unaware of. Mitt Romney is a prime example of low effective rates of taxation. According to CNN Money, Mitt Romney made twenty-one million dollars in one year, but only paid an effective rate of fifteen percent, which is much lower than the rate he should be paying. The progressive tax system is one that is littered with loopholes, but those are only known to those with the means to search them out as the federal tax code spans seventy-thousand of pages of convoluted text. Not even the highest paid tax accountants will ever read anywhere near the full volume of tax laws. By the tax code being as long as it is, few are able to reap the full benefits of the tax code. The level of complicated text is not the only major issue with the federal tax code.

In the article “Of the 1%, by the 1%, for the 1%” Joseph Stiglitz, a noble prize winning economist, argues that the upper 1% controls about 40% of all wealth in America. This top 1% has taken about a quarter of all income in America, and has seen their income rise about 18% in the past decade. This has made the inequality between classes in the US expand. Eventually, this inequality gap will even hurt the top 1%, because the other 99% will either fight for a bigger piece or just stop working all together. The top 1% can buy anything they need, but their fate realizes on the other 99% to work hard and not fight back. If the 99% stopped working, there would be a simple way to gain back money… that would be to raise taxes on the rich. However, the rich get rich by capital gains, which have a low tax policy. So overall, the upper percent can eventually learn, but a majority of the time it is too little too late.

Result- Based Analysis appeals to common sense. What is the greatest good for the greatest number of people? “A results based approach, is useful for administrators seeking the common good for the majority of citizens,” which is the pregnant women in the state of Jackson. (Bowman & West, 2015 pg. 119) When Olivia accepted the position as manager; she was unaware of Gloria’s actions. However now that she is in the position, it is important that Olivia makes the right ethical decision going forward.

Before delving into the topic at hand, a look at the current and projected tax system will help one understand the predicament of taxing the upper class. According to Bardes, Schmidt, and Shelley, in the textbook American Government and Politics Today: Brief Edition, Americans pay a variety of federal, state, and local taxes, which are all assessed on most sources of income, sales and land. Bardes et al, made their agenda clear by pointing out that “the wealthy receive a much greater share of their income from these sources (capital gains, rents, royalties, interests, dividends, or profits from business), than others do (315).” But what is considered wealthy? In the article, Who gets to be “Rich”, Jordan Weissmann reported that a household income of around $113,000 lands one at the top 10% of income earners, while

Benjamin Franklin once said, “in this world nothing can be said to be certain, except death and taxes.” Taxation has always been a hot-button issue in the United States, as it was one of the primary reasons the United States revolted from the British. The media have once again turned its attention to the issue of taxation, but primarily on the increasing of taxes solely on upper-class citizens. The United States currently employs a progressive tax rate, which means that the upper class already is liable for a higher percentage of taxes. During the current presidential campaign, each of the candidates has their own unique idea of tax reform. Some of the candidates’ tax plans cut taxes for all through the change to a flat tax rate, while other plans do quite the contrary and raise taxes for all. The candidates who are favoring the increase of taxes on the wealthy are attempting to enact laws, which increase funding for government programs, attempt to redistribute the wealth to the lower class, and eliminate the debt of the United States. However, the candidates who are attempting to enact a flat tax rate are attempting to eliminate outdated government programs and to help to increase jobs. A higher tax rate on the wealthy through a progressive tax system, at a cursory glance, may appear to be beneficial, however, I am arguing to show the negative effects not only for the wealthy but the United States economy as a whole.

As the country rises out of the depths of the “Great Recession”, there are many signs that the economy is improving. Employment, home sales and automobile sales are increasing and a NBC/Wall Street Journal Poll shows that 73% of the country feels that the economy has started to recover or has stabilized. However, there is a phenomenon occurring that is causing a strain in the ability of the country to completely shake the hold of the recent economic downturn. At a greater rate than previously seen, the increase in income for the so called “super rich” with yearly household income over $352,000 far surpassed the increase that went to others. According to the New York Times, “In 2010…a dizzying 93 percent of the additional income created in the country - $288 billion – went to the top 1 percent of taxpayers…(While) the bottom 99 percent of income earners received a microscopic $80 increase…the top 1 percent had an average increase of $118,214.32.”

Within the game, the player is selected via lottery to work the border station of Arstotzka, and they must work to earn enough to support their family on minimal budget. As the days go on, different rules are released for what procedures must be followed for the border patrol.