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Thursday, September 26, 2019

ARE TAX CUTS GOOD FOR AMERICA Essay Example | Topics and Well Written Essays - 2500 words

ARE TAX CUTS GOOD FOR AMERICA - Essay Example For many years, the current tax collection programs have been very successful, as where the national budget has presented surplus instead of deficit. In order to obtain a better understanding, it is recommended to begin an analysis where the basic concepts regarding taxes are stated. According to Wikipedia â€Å"tax is a financial charge or other levy imposed on an individual or a legal entity, by a state.† (Tax, Wikipedia.org) In the case of the United States, the state is represented by the government, either federal and/or local. Nowadays, the taxation is paid in money; however, there have been cases where it is paid with labor. Taxation is not a donation, nor a voluntary payment, it is rather an imposed one or, better yet, an enforced contribution, where agencies such as Internal Revenue Services are in charge of collecting them. When taxes are not paid, either fully or partially civil and even criminal penalties are imposed upon the non paying individual or entities. In many situations the Internal Revenue Services has permitted the payer to initiate a payment program, without further penalties. (Tax, Wikipedia.org) The purpose of collecting taxes varies from state to state and even from city to city. In any case the government is allowed to use them, either for war, protection of property, law enforcement, etc. and most important of all, the operation of the government itself. In the United States, the government also uses the funds collected during the taxation process, for welfare and public services. Those services may include unemployment benefits, education systems, health care systems, pensions, and even public transportation. There exist more programs created to assist the citizens and the people with lower incomes. As it has been mentioned before, the different programs vary from one state to the other, or they are held constants, depending on the program, throughout the nation. (Tax,

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