We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
2/4 steps

How Many Pages?

3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Get Offer

Definition of Tax Fairness

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

In 1789, Benjamin Franklin wrote “In this world nothing can be said to be certain, except death and taxes”. The fairness of death must be taken up with a deity but the fairness of taxes is very much a human issue. The idea of tax fairness is like motherhood or apple pie – everyone is supports it. Yet there is a wide disparity in what constitutes tax fairness. Investopedia offers little clarity with its circular definition: “Tax fairness is a tax platform based on an ideal that aims to create a system of taxation that is fair, clear and equivalent for all taxpayers” .

Don't use plagiarized sources. Get Your Custom Essay on
Definition of Tax Fairness
Just from $13,9/Page
Get custom paper

The folks at FairTax.org do not specifically define “fair tax” in their support for the Fair Tax Act, but they claim: “The Fair Tax Act is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities” .

Does this match the Investopedia standard of “fair, clear and equivalent”? I’ll readily admit that it’s clear, but it is hard to call it “fair” when it completely abolishes several of the taxes that apply only to the wealthiest classes of Americans – corporations, estate-owners and investors. So, after two attempts, we have yet to achieve a suitable definition.

Perhaps asking the question directly is the wrong approach. Perhaps the best way to view tax fairness is to adopt Supreme Court Justice Potter Stewart’s approach to defining obscenity: “I know it when I see it” . To look for it, let’s examine the history of the Federal income tax, and then take a look at how the incomes of the top earners have fared compared to the rest of Americans. This comparison will demonstrate how much tax fairness.

Cite this Definition of Tax Fairness

Definition of Tax Fairness. (2018, Aug 09). Retrieved from https://graduateway.com/definition-of-tax-fairness/

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page