Assignment 5: Persuasive Paper Part 3: Possible Disadvantages, Answers, with Visuals
Strayer University
August 31, 2014 The topic of taxation is a very controversial subject. Due to its complexity, people from the left to the right have objected to it. There was a time when the federal government was funded only with revenue from imported products. A little bit of history informs us that income tax started in 1861 with the Civil War, when congress passed a bill required everyone to pay three percent of their income starting at $600 to $10,000 each year (Boortz & Linder, 2005). Since the end of Civil War, the battle began to get rid of the income tax. The truth is that the tax takes money off our pockets. But, I proposed that tax increase on income $ 250,000.00 or more per year because that will decrease taxation on the lower income levels, and increase revenue to the government to fight budget and reduce the national debt.
As stated above, income tax was a battle in 1896 and continues to be a battle in 2012. The Sixteenth Amendment of the US Constitution was born to collect revenue from American workers, and that was a fight between Democrats and Republican over income taxation. Due to a 2% tax in 1894, the two major political parties took the fight all the way to the US Supreme Court with a question about the constitutionality of that law. The Supreme Court ruled that the income tax was unconstitutional. As a response to that ruling, Joseph Bailey a democratic senator from Texas presented a bill requesting an income tax. Republicans on their part required an Amendment to the US Constitution in other to support that piece of legislation. Surprisingly, with a vote of 77 to 0 in the Senate, and 318 to 14 in the House the Amendment passed and later on was ratified by the States on February 12, 1913 (Boortz & Linder, 2005). Since the income tax became law people