On Taxes: What Should Your Government Do?

Taxes have always been a topic of much debate when it comes to government. There seem to be never-ending discussions of what the best solution would be for improving wealth distribution and fueling economic growth. All of this begs the question: what should your government do when it comes to taxes?

We’ve already discussed whether or not the U.S. income tax system is fair. Let’s take a look at the ways various governments handle taxes in their countries, and what that means for citizens at large. Continue reading

Is Our Income Tax System Fair?

The debate over taxes in the United States seems to be ever raging. Some say the system is broken and unfair, and should be abolished. Others think reform is the answer.

No matter what your political leanings, it’s important to understand the issue of income tax and be vocal about the policies your government is enacting in regard to them. Income tax issues affect everyone. The number one way you set yourself up to be abused by government policies is by not paying attention to them in the first place. So today we ask: Is our income tax system fair? Let’s review the facts. Continue reading