The Civil Service Examination Of The United States

1809 Words Nov 21st, 2016 8 Pages
Introduction April 15th: Tax Day, or the informal expression for the day in the United States on which individual income tax returns are to be sent to the government. Often, this day is met with dismay and general annoyance. Although taxes are necessary to supply for the basic necessities in our country, people are often left wondering why so much of their hard-earned money is being taken away from them. As stated by Ronald Reagan, “The taxpayer: that’s someone who works for the federal government, but doesn’t have to take a civil service examination”. This sentiment from Reagan has been felt throughout American history, and citizens have fought against the idea of taxes to varying degrees, especially in regards to income taxes. Reducing marginal income taxes in the United States among all citizens and eliminating the estate tax would keep more money in the hands of the households, thereby increasing the incentive to consume, invest, and save money, in return promoting economic expansion.
Background
Currently in the United States, there are seven separate tax brackets, ranging from 10% in the lowest bracket, to 39.6% at the highest incremental level. It’s important to note that people are taxed progressively in the US, meaning that people are taxed at the percentage of each bracket in steps, rather than being taxed at their total income level. For example, a person earning $100,000 is not taxed 28% on the entire amount. Rather, they are taxed 10% on the first $9,275…

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