The Presidential Election Coming Up

While most taxpayers agree that tax reform is necessary for our country the problem they encounter is the difficulty they experience when trying to understand all the political terms used when discussing tax reform. This paper is an attempt to help the taxpayers of our country to better understand the political terminology and gain knowledge about some of the proposals that have been explored.

As most people should KNOW that if you focus on getting more money from the rich, you’re losing jobs. Because, in order for there to be jobs you’re going to need money, and if you keep taking larger amounts from these successful companies; the amount of income the worker gets is reduced or they get fired because there just isn’t enough money to keep them working. Hillary Clinton thinks the American people should be taxed more in order for her “plan” to work. Taxes is what her plan consists on, so obviously she wants to raise taxes but as is the average American pays over $10,000-$20,000 in

Senator Sanders plans to give each citizens access to universal healthcare so no citizen will be denied health and medicine. Throughout his political career he voted yes and no on bills going through Senate and he voted each time on bills that expanded healthcare or made it more affordable. He plans on taxing the rich at higher rates, same taxes from resolving the income inequality, and set forth a system of taxing through the stock system that will create billions over the course of a year (). These new taxes would benefit the middle and lower class because they would finally be able to receive healthcare that many of the poor have had to previously live without. New taxes sound like a bad thing, but in Bernie’s plans it would only affect corporations and the top 10%. These new taxes wouldn’t affect the average taxpayer in anyway resulting in more money out of your paychecks, but would affect them by giving them and every citizen free healthcare despite any poor financial

The 2016 Presidential election is coming up and candidates are fighting to get votes to be their party’s candidate. Ted Cruz is a Republican Protestant running for President with very conservative values hoping to bring America the change it needs. The Republicans have many people running for office that excite voters’ interest because they are not politicians. Although, Ted Cruz is a politician and stands behind it using his background in politics to gain ground. His political ad “Blessing” shows him as a man grounded in religious values and will use those values to be the best candidate for President of the United States. Ted Cruz successfully appeals to religious Republicans using different rhetorical strategies to persuade them to vote for him to be the Republican candidate for the 2016 Presidential election.

What should America do in reference to the tax proposals offered by our 2016 presidential candidates? The support groups of these proposals differ quite drastically. While some candidates offer a flat tax rate, or a tax rate that doesn’t offer much substantial impact, Senator Bernie Sanders offers America a complete tax reform. Sander 's tax proposal declares that it is crucial for the economy of America to decrease the gap between the very rich, and the middle class, therefore, Sanders wants to enforce a tax increase on households making more than $250,000. The tax proposal Bernie Sanders wants to perform is essential for America in order to guarantee every citizen healthcare, provide a stepping stone for debt free college, and to properly strengthen the less wealthy.

"The most perennially political issues in the United States is the question of how much Americans should be taxed. Indeed, discounted over taxes was one of the major motivating factors in the revolution that established the United States as an independent nation"("Extending Tax Cuts", 1). Since taxes are one of the biggest topics in politics, there is always going to be two sides of the subject, and Taxes will always strike controversy in our country. The topic of having the rich pay more in tax has a deep history to consider, and there will always be both supporters and critics who continue to debate this topic.

As the United States enters another presidential election year in 2016, the subject of tax reform has taken central stage to many of the issues being discussed. Today, many Democratic lawmakers continue to support rising tax rates under the current progressive tax system, while Republican lawmakers are making a push for a flat-tax system. As concerns over slow economic growth, high unemployment rates, and large government spending deficits grow among millions of Americans, the idea of a Eastern European modeled flat-tax system has grown. Some presidents, including Ronald Reagan and George W. Bush, have experimented with the flat-tax system, but Eastern Europe has provided the essential model of success for this type of

While Americans argue over immigration, which will be a major topic of debate during the upcoming 2016 Presidential Election, a widening number of Americans are quietly emigrating to other countries. A recent online poll conducted by TrasferWise, a peer-to-peer funds transfer service headquartered in the United Kingdom, shows that 35 percent of Americans are considering leaving the country, in the meantime, a record number has already left.

Our first candidate Is Donald Trump. . “Under Trump’s proposed tax reforms, everyone would indeed get a cut. (The top 0.1 percent would receive more tax relief than the bottom 60 percent of taxpayers combined.)

On CNN news, Democratic senator Bernie Sanders and Republican senator Ted Cruz debated about the GOP tax plan debate. The GOP tax plan proposed to lower corporate tax rates and decrease federal income tax brackets. Senator Cruz argued that by lowering corporate tax rates, there will be more jobs and revenue because of the trickle down effect. Senator Sanders argues that this tax plan will only benefit one-tenth of the one percent.

By eliminating tax breaks for large corporations, repealing the excise tax on high-cost health insurance, and providing tax relief for middle-class families; the Democratic party hopes to boost the United States’ economy. They believe that increasing taxes on the upper-class and reducing taxes on the middle-class will allow citizens of the middle-class to have more money. This will also allow businesses to continue making money while paying their fair share of

She would extend the statute of limitations for financial crimes, and require CEOs to personally pay part of any fines levied on their companies. Clinton proposed an "exit tax" on corporations that attempt a so-called "tax inversion." They would pay American taxes on any deferred foreign earnings. She would also tax high-frequency traders. Clinton’s tax proposals make some important changes around the edges of the federal tax code but she shies away from any fundamental restructuring of the federal tax

Losers: The rich. Clinton proposes three new ways to tax high earners more, including a 4 percent additional tax on the less than 1 percent of individuals who earn $2.5 million or more per year; a new minimum effective tax rate of 30 percent, modeled on the “Buffett rule,” for individuals earning $1 million or more; and a hard limit on the value of deductions (outside of charitable contributions) that high earners can claim on their tax

Her campaign predicts her full higher education proposal, which includes some additional debt relief programs will cost $350 billion over 10 years, which she plans to cover by closing tax loopholes for wealthy Americans. She wants to fight for equal pay. Clinton is advocating for the paycheck fairness act. She will not raise middle-class taxes. A nonpartisan tax policy center found that tax revenue would increase by an estimated $1.1 trillion over the next decade under Clinton's plan.

In a democratic society, it is vital for citizens to participate in the electoral process and chose their desired leader. As Election Day fast approaches, many Canadians are faced with the challenge of who to vote for and in order to have a meaningful voice, it is essential for Canadians to acquire an adequate understanding of the major parties’ platforms. Among the major parties are Steven Harper’s Conservative Party, Justin Trudeau’s Liberal Party and Tom Mulcair’s New Democratic Party and each have a unique plan to help Canada prosper. In my selected article, Mark Kennedy highlights key issues in each party’s platform including taxation, balancing the budget and views on the niqab. From the competing platforms, it is evident that the Liberals have a stronger plan than their fellow parties.