The income tax system of the United States is a progressive tax system for individual taxpayers; whereas corporations pay a flat 21% (proportional income tax system).

What surprised you about the tax system in the United States? What experiences do you have with taxation in the United States?

As adults, I am sure you are subject to some of the taxes mentioned in the chapter.

Lastly, in two or three sentences, discuss any tax-related issue currently in the news.

Answer rating: 100% (QA)

Solution For years Americans have been told that the rich are paying a highly disproportionate share of the nations taxes Claims to that effect often focus on just one tax the federal personal income ... View the full answer