Should taxes on people making over 250000 a year be changed


This research topic focuses on three important questions such as, should taxes on people making over $250,000 a year be changed?, should transportation security (TSA) regulation be changed?, and should the United States require all social security recipients to have their checks delivered to a bank account rather than by mail?. These three questions have a big impact on United States today. The government believes that if the tax breaks given to the richest 2% then other more important issues such as supporting education, healthcare and employment issues will have lesser funds to be allocated. Due to 9/11 attacks and some security threats, the government was able to establish a security forces called transportation security administration to protect the citizens. Changes in technology has persuaded the government to do way with the traditional check payments for social security benefits and has instead chosen to use the electronic method for transferring the money to the people.

Should taxes on people making over $250,000 a year be changed?

Reason: The topic is interesting because it affects not only the section of society on which higher tax will be imposed but to the economy at large. The government claims that if the tax breaks given to the richest 2% then other more important issues such as supporting education, healthcare and employment issues will have lesser funds to be allocated. They are against the rebates to the people they think need it the least.

Audience: The audience for this topic includes the entire population including the policy makers and the government.

Thesis statement: The government expects increasing taxes on income more than $250,000 a year will help stimulate the US economy. Economists, however, have a different opinion. They believe the population doesn't spend the ‘tax cuts' money, they save it. Additionally, the profit reductions caused by increased taxes will not please the capitalists. The government intends to meet its fiscal challenges, finance its deficit and invest the proceeds in activities that will enable the growth of the economy. This discord between the Government‘s and the economists view can be studied to understand which one can be better substantiated and is more likely to happen. 

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Term Paper: Should taxes on people making over 250000 a year be changed
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