Taxes - How the Government Spends Your Tax Dollars

Using the Progressive Tax Worksheet, complete the following two assignments.

Part I: How Much Would People Pay?

As we learned in this topic, the United States has a progressive income tax system. This means that a larger percentage of income is taken from individuals in high-income groups rather than from those in low-income groups.

What would tax rates be like if the the U.S. had a regressive or proportional income tax? In Part I of the Progressive Tax Worksheet, fill out the tables listing how much each person would pay in taxes under a progressive, regressive or proportional system.

Part II: Which Tax System Do You Support?

Using the information you learned in this topic, decide which tax program (progressive, regressive, or proportional) you support. Compose a paragraph on the Progressive Tax Worksheet, advocating your position. In your paragraph, explain the basic concepts for your tax program and detail clearly why this program benefits American citizens and the U.S. as a whole.

Once you have completed Parts I and II, please submit your completed worksheet to the dropbox.