Taxation

Topics: Tax, United States, Corporate tax Pages: 4 (1580 words) Published: June 4, 2013
Taxation should be equal

According the definition taxes are the sum of money demanded by a government for its support or for specific facilities. The government demands money from everyone not just some one but there are some who don’t seem to go pay the fair amount as everyone else. Taxation has also been a big part with the current recession. Our government is investing in defense, using out money when more should go into social programs. Cuts have been made in different programs because of the decrease in money available o spend on social programs to our communities such as our schools. However, the people who don’t seem to grief are the corporations, whom only seem to be getting more and more income. Corporate taxes are taxes against profits earned by business during a given taxable period, they are generally applied to companies operating earnings after expenses and depreciation have been deducted from revenues. Corporations should pay a fair rate. Allowing billion dollar corporations to run by and only pay small amounts in taxes every year is wrong. There is no reason that a small business should be paying more than a huge corporation, there should be a fair rate, equal to the size of the corporation. The government is a system created to serve the people; however it seems to be working in favor of the corporations. One would think that since huge corporations make more money then small businesses they would pay more taxes but they are not. It is important to find out why this is happening. Like in chapter 11 it narrows down to the definitions of national and patriotism. When talking about nationalism and patriotism, one might think of the famous quote by George Orwell, who said that nationalism is “the worst enemy of peace”. According to him, “nationalism is a feeling that one’s country is superior to another in all respects, while patriotism is merely a feeling of admiration for a way of life. These concepts show that patriotism is passive by nature...

Cited: Page
Brunson, Samuel D. "Repatriating Tax-Exempt Investments: Tax Havens, Blocker Corporations, And Unrelated Debt-Financed Income." Northwestern University Law Review 106.1 (2012): 225-272. Academic Search Premier. Web. 16 May 2013.
Dare, William H., Paul R. Goebel, and Carl H. Isett. "Addressing Appraisal Drift In Property Taxation: Alternatives To Traditional Taxation Methods." Journal Of Property Tax Assessment & Administration 10.1 (2013): 21-43. Academic Search Premier. Web. 16 May 2013.
Pinto, Camron N. Taxation, Tax Policies and Income taxes. United States, California: Berube, Warren J. 2010. Print.
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