Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

glass
pen
clip
papers
heaphones

Walden University Week 8 Tax Equity and Fairness Discussion

Walden University Week 8 Tax Equity and Fairness Discussion

Walden University Week 8 Tax Equity and Fairness Discussion
Question Description
The main source of revenue for government agencies is taxes. In the United States, each level of government has the authority to tax; these taxes come in many shapes and sizes. There are taxes on retail sales, property, income, and many other elements of the market economy. The viability of a government’s operations, programs, and services depends on a diverse and stable tax base which includes having a variety of taxes from which to draw adequate and constant revenue. Although taxes help support government operations, not all taxes are fair and equitable. For example, taxes on goods and services are considered inequitable, as poorer people spend more of their income on purchases necessary for everyday life that are subject to sales tax. Even though they may not spend as much as affluent persons, they spend a greater share of their income and are therefore paying more in proportion to their income.
Mikesell, J. L. (2018). Fiscal administration: Analysis and applications for the public sector (10th ed.). Boston, MA: Wadsworth.
Chapter 8, “Taxation: Criteria for Evaluating Revenue Options” (pp. 354-400)
Chapter 9, “Major Tax Structures: Income Taxes” (pp. 389-433)
Chapter 10, “Major Tax Structures: Taxes on Goods and Services” (pp. 441–481)
Chapter 11, “Major Tax Structures: Property Taxes” (pp. 488–528)
TRANSCRIPT of required media is attached as well
Discussion: Tax Equity and Fairness
Where you reside, do you pay taxes on goods and services? If so, do you believe these taxes affect low-income people more than high-income people? How high is your property tax, and how does it affect the quality of your public services–such as schools and fire services–as compared to other locations? These questions all relate to tax equity. The taxes governments require for revenue include property, income, sales (on goods and services), and others. Some of these taxes are perceived as unfair or unjust, depending on such things as what is being taxed and who has the heaviest tax burden. For this Discussion, review the assigned readings in the Mikesell text. Think about tax structures and whether they seem to fit with your understanding of concepts of equity and fairness.
With these thoughts in mind:
By Day 4
Post an evaluation of two types of taxes (e.g., property, income, sales, etc.) using the criteria in the Mikesell text. Then, explain whether you consider the taxes fair and equitable, and why. Describe how tax equity coexists with a government’s need to collect taxes for revenue.
Be sure to support your posting and responses with specific references to the Learning Resources as well as at least one more scholarly resource

“Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results.”
Attachments
20190706020733week8transcript (147 kB)

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Homework Discussion only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Homework Discussion are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Homework Discussion is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Homework Discussion, we have put in place a team of experts who answer to all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.