What Should America Do For The Tax Proposals Offered By 2016 Presidential Candidates

892 Words4 Pages
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 impact of Sander 's proposal of increasing taxes for those much wealthy have to be taken into consideration. Bernie Sanders insists on American citizens to agree with his plan to increase the estate tax on the top three-tenths of one percent of Americans who obtain more than 3.5 million dollars. The large corporations, and companies who are a part of that percent must pay their equal share of taxes. Because these corporations shift their jobs, and earnings overseas, these corporations bypass paying millions in taxes. The amount of tax revenue these corporations would bring in if they paid their taxes is a heavy amount of six hundred and twenty billion dollars. This large amount collected can be properly

More about What Should America Do For The Tax Proposals Offered By 2016 Presidential Candidates

Get Access