Taxes and the Deficit: We MUST Return to the Fundamentals of our Consti

The United States of America is not leading into the direction our country was meant to lead. Our Forefathers that came in front us and settled in the United Sates, fled here to be rationalise from tyranny. They were escaping from Great Britains strict control and harsh evaluate incomeation. After subsidence in America the Constitution was drafted to form a perfect Union, have justice, insure domestic tranquility, provide for the common defense, promote the general wel remotee, and ensure the Blessings of Liberty to ourselves and our Posterity (Preamble to the United States Constitution). After reading the preamble, I reread, and wondered how tin gage the US be in the situation were in, if that is what our country was built on? What direction is our country headed in, how is taxation hurting or benefiting us, and what can we do to better ours and our childrens future? The direction that our country is taking is further from the direction that Thomas Jefferson, Benjamin Franklin, or James Madison had to begin with anticipated for America.The current US budget deficit is close to $1.5 trillion. If Americans were needful to pay for regime spending this year, wed have to work an surplus thirty-eight days to earn enough money to pay every(prenominal) our taxes. Approximately forty seven percent of Americans will not be eligible for any income tax return, entirely because of EITC (Earned Income revenue Credit) and other assign implemented by Obama and Bush a majority will perk a tax credit. I am a supporter of tax impute, only if I also think that there should be a cap to limit your tax credit. Doing this could provide a credit for everyone, but having a limit can help to utilize money in many different areas. Money that we dont have is be printed, spent, a... ...e money you invest, youll never see, because of brass spending. After a clean-house within the government and Americans morale improves. I believe that taxes are gener on the wholey good, except when burdensome is used to fulfill greed. If much than people invested in their future more soon, spent money wiser, saved money, and supported their communities their lead would influence others to do the same.Works CitedIndependence Hall Association. Constitution of the United Sates. Retrieved April 25, 2010, from http//www.ushistory.org/documents/constitution.htm.Cassidy, John. (April 7, 2010). Rational Irrationality. Retrieved April 11th, 2010, from http//www.newyorker.com/online/blogs/johncassidy/2010/04/who-pays-federal-income-tax.htmlThe revenue enhancement Foundation. (2010). America Celebrates Tax Freedom Day. Retrieved from, http//www.taxfoundation.org/tax cleardomday/ Taxes and the Deficit We MUST Return to the rudiments of our ConstiThe United States of America is not leading into the direction our country was meant to lead. Our Forefathers that came to begin with us and settled in the United Sates, fled here to be free fr om tyranny. They were escaping from Great Britains strict control and harsh taxation. After subsidence in America the Constitution was drafted to form a perfect Union, entrap justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and apprehend the Blessings of Liberty to ourselves and our Posterity (Preamble to the United States Constitution). After reading the preamble, I reread, and wondered how can the US be in the situation were in, if that is what our country was built on? What direction is our country headed in, how is taxation hurting or benefiting us, and what can we do to better ours and our childrens future? The direction that our country is taking is far from the direction that Thomas Jefferson, Benjamin Franklin, or James Madison had earlier anticipated for America.The current US budget deficit is close to $1.5 trillion. If Americans were demand to pay for government spending this year, wed have to work an spare thi rty-eight days to earn enough money to pay all our taxes. Approximately forty seven percent of Americans will not be eligible for any income tax return, but because of EITC (Earned Income Tax Credit) and other credits implemented by Obama and Bush a majority will beget a tax credit. I am a supporter of tax credits, but I also think that there should be a cap to limit your tax credit. Doing this could provide a credit for everyone, but having a limit can help to utilize money in many different areas. Money that we dont have is being printed, spent, a... ...e money you invest, youll never see, because of government spending. After a clean-house within the government and Americans morale improves. I believe that taxes are generally good, except when taxing is used to fulfill greed. If more people invested in their future more soon, spent money wiser, saved money, and supported their communities their lead would influence others to do the same.Works CitedIndependence Hall Asso ciation. Constitution of the United Sates. Retrieved April 25, 2010, from http//www.ushistory.org/documents/constitution.htm.Cassidy, John. (April 7, 2010). Rational Irrationality. Retrieved April 11th, 2010, from http//www.newyorker.com/online/blogs/johncassidy/2010/04/who-pays-federal-income-tax.htmlThe Tax Foundation. (2010). America Celebrates Tax Freedom Day. Retrieved from, http//www.taxfoundation.org/taxfreedomday/