Should Rich People Pay More Taxes?

Good Essays

All my life my parents never struggled to get me anything. Whether it was toys, clothes, or even food; they always had a way of getting. Now, they aren’t rich but they’re not struggling either. They are just the ordinary simple middle class that pay taxes every year. But the question is should rich people pay more taxes? And I think yes, because the tax code we currently have is unfair.
However, before I explain my reasoning I should explain the further terms about the tax system. The tax system is a legal system for assessing and collecting taxes. Taxation is a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. Tax history for over 2,500 years has concentrated on two noteworthy issues: who pays and what is exhausted. For the majority of mankind 's history, expenses were paid by poor people laborers, slaves, settlers, or vanquished people groups to backing the administration and the wealthy classes. Taxation as the obligation of free natives is a cutting edge idea that began with the rise of established governments—first in England and later in the United States and Western Europe. ("Taxation.")
Income from mines, tributes from ruled people groups, and endowments frequently needed from rich nationals made up the best partition of an authority 's wage. Taxes on exchange and utilization were added to address government issues. Direct taxes, for example, the current wage tax were essentially

Get Access