Taxes and the Deficit: We MUST Return to the Fundamentals of our Consti

The United States of America is non leading into the direction our country was meant to lead. Our Forefathers that came forrader us and settled in the United Sates, fled here to be free from tyranny. They were es thuging from Great Britains strict control and harsh gross. After settling in America the Constitution was drafted to form a perfect Union, hold justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the Blessings of Liberty to ourselves and our posterity (Preamble to the United States Constitution). After reading the preamble, I reread, and wondered how can the US be in the situation were in, if that is what our country was built on? What direction is our country headed in, how is taxation hurting or benefiting us, and what can we do to better ours and our childrens future? The direction that our country is taking is far from the direction that Thomas Jefferson, Benjamin Franklin, or James Madison had origina lly anticipated for America.The current US budget deficit is close to $1.5 trillion. If Americans were required to pay for government spending this year, wed grant to work an extra thirty-eight days to earn large bullion to pay all our taxes. Approximately forty seven percent of Americans will not be eligible for any income tax return, alone because of EITC (Earned Income appraise Credit) and other credits implemented by Obama and Bush a majority will put one across a tax credit. I am a hero of tax credits, but I also think that there should be a cap to limit your tax credit. Doing this could provide a credit for everyone, but having a limit can help to utilize money in many antithetical areas. Money that we dont have is being printed, spent, a... ...e money you invest, youll never see, because of government spending. After a clean-house within the government and Americans morale improves. I view that taxes are generally good, except when taxing is used to converge greed. If more people invested in their future more soon, spent money wiser, saved money, and back up their communities their lead would influence others to do the same.Works CitedIndependence anteroom Association. Constitution of the United Sates. Retrieved April 25, 2010, from http//www.ushistory.org/documents/constitution.htm.Cassidy, John. (April 7, 2010). Rational Irrationality. Retrieved April 11th, 2010, from http//www.newyorker.com/online/blogs/johncassidy/2010/04/who-pays-federal-income-tax.htmlThe Tax Foundation. (2010). America Celebrates Tax Freedom Day. Retrieved from, http//www.taxfoundation.org/taxfreedomday/ Taxes and the Deficit We must(prenominal) Return to the Fundamentals of our ConstiThe United States of America is not leading into the direction our country was meant to lead. Our Forefathers that came before us and settled in the United Sates, fled here to be free from tyranny. They were escaping from Great Britains strict control and har sh taxation. After settling in America the Constitution was drafted to form a perfect Union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the Blessings of Liberty to ourselves and our Posterity (Preamble to the United States Constitution). After reading the preamble, I reread, and wondered how can the US be in the situation were in, if that is what our country was built on? What direction is our country headed in, how is taxation hurting or benefiting us, and what can we do to better ours and our childrens future? The direction that our country is taking is far from the direction that Thomas Jefferson, Benjamin Franklin, or James Madison had originally anticipated for America.The current US budget deficit is close to $1.5 trillion. If Americans were required to pay for government spending this year, wed have to work an extra thirty-eight days to earn enough money to pay all our taxes. Approximately fort y seven percent of Americans will not be eligible for any income tax return, but because of EITC (Earned Income Tax Credit) and other credits implemented by Obama and Bush a majority will receive a tax credit. I am a supporter of tax credits, but I also think that there should be a cap to limit your tax credit. Doing this could provide a credit for everyone, but having a limit can help to utilize money in many different areas. Money that we dont have is being printed, spent, a... ...e money you invest, youll never see, because of government spending. After a clean-house within the government and Americans morale improves. I believe that taxes are generally good, except when taxing is used to fulfill greed. If more people invested in their future more soon, spent money wiser, saved money, and supported their communities their lead would influence others to do the same.Works CitedIndependence Hall Association. Constitution of the United Sates. Retrieved April 25, 2010, from h ttp//www.ushistory.org/documents/constitution.htm.Cassidy, John. (April 7, 2010). Rational Irrationality. Retrieved April 11th, 2010, from http//www.newyorker.com/online/blogs/johncassidy/2010/04/who-pays-federal-income-tax.htmlThe Tax Foundation. (2010). America Celebrates Tax Freedom Day. Retrieved from, http//www.taxfoundation.org/taxfreedomday/