Archive for the ‘Section 3’ Category

Extend or Expire the Bush Tax Cuts?

August 26, 2010

With the last day of the Bush tax cuts coming closer, there is more talk about whether the government should extend them or not. The Bush tax cuts, which started in 2000, are supposed to expire on the last day of 2010. Tax cuts are the act of reducing taxation. Democrats don’t want to raise […]

Solution: Progressive Tax?

August 25, 2010

In the US, there is an unfair share of taxes. The solution to the budget crunch is not to raise taxes, but to implement progressive taxes. Progressive tax is a tax that takes a larger share from people with high incomes, and a smaller share from people with lower incomes. People out of jobs or […]