Federal Taxes
Overview
Congress has asked you to evaluate the individual tax brackets in the federal tax code and make several recommendations to improve the fairness of the tax brackets. Using the Internet and Strayer Library, research the current federal tax brackets for individual taxpayers.
Instructions
Write a 4–5-page paper in which you:
Give your opinion as to whether you believe the current progressive federal income tax structure is fair for most Americans. Provide support for your response.
Create an argument for what you believe should be the maximum federal income tax rate an individual should have to pay. Provide support for your argument.
Analyze the potential benefits that a flat tax structure might have on both taxpayers and the U.S. Treasury. Defend or critique a flat tax structure.
Use at least three quality academic resources in this assignment. Note: Wikipedia and similar websites do not qualify as academic resources. You have access to Strayer University’s Online Library or iCampus University Library Research page.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Evaluate how federal tax structures impact individual taxpayers and the government, including a recommendation for maximum tax rates.