Taxes in America : what everyone needs to know

Resource Information

The work Taxes in America : what everyone needs to know represents a distinct intellectual or artistic creation found in Waubonsee Community College. This resource is a combination of several types including: Work, Language Material, Books.

Label

Taxes in America : what everyone needs to know

Title remainder

what everyone needs to know

Statement of responsibility

Leonard E. Burman, Joel Slemrod

Creator

• Burman, Leonard

Contributor

• Slemrod, Joel

Subject

• Taxation
• Taxation -- United States
• USA
• United States
• Steuer

Language

eng

Summary

Most contemporary Americans know little about how their tax system works. But with heated debates over taxation now roiling Congress and the nation, an understanding of our tax system is of vital importance. In this book the authors, both tax scholars, offer explanations of how our tax system works, how it affects people and businesses, and how it might be improved. Organized in a question-and-answer format, the book describes the intricacies of the modern tax system. The authors begin with the basic definitions of taxes and then delve into more complicated and indeed contentious concerns. They address such questions as how to recognize Fool's Gold tax reform plans ; How much more tax could the IRS collect with better enforcement? ; How do tax burdens vary around the world? ; Why do corporations pay so little tax, even though they earn trillions of dollars every year? ; And what kind of tax system is most conducive to economic growth? They discuss key issues such as the large number of social programs hidden in the tax code, how taxes affect the economy, how the burdens of taxation are distributed, and the costs of running the tax code on both the IRS and taxpayers. They also dive into the political process, the genesis of ill-advised tax ideas, and options to improve the tax system. With the U.S. struggling to recover from the deepest economic recession since the 1930s, facing a mountain of debt, it is important for Americans to understand the tax system. This book describes modern tax realities, and educates Americans about the issues in the debate about tax reform

Member of

• What everyone needs to know

Cataloging source

DLC

Dewey number

336.200973

Illustrations

illustrations

Index

index present

LC call number

HJ2381

LC item number

.B79 2013

Literary form

non fiction

Nature of contents

bibliography

Series statement

What everyone needs to know