Texas Policy Analysis Paper In the United States, there are political debates about the government’s role in aiding the poor and whether it is appropriate for the health of the poor to be their responsibility. This is also a relevant topic in the state of Texas alone because the distribution of wealth between the upper and lower classes in Texas can be described as unequal and unfair. However, people can also argue that those in the upper classes worked for their wealth and those considered poor in the lower classes should do the same. Therefore, in order to decide what the government’s role should be one must consider redistributing the wealth from upper income to the lower income households. It also must be determined if the current system …show more content…
To reiterate, the current tax system is thought to be regressive because the tax system does not provide a balance for those with high income and those with low; however, this can be fixed by adopting some aspects of a state with progressive features. For instance, the state of California as a much better tax system than Texas because they have a “graduated personal income tax structure and provides personal income tax credits in place of personal and dependent exemptions” (“California”). If Texas adopted these two characteristics into their tax system this will began to progress because some of the faults in the present Texas tax system is the lack of personal income tax structure and it does not not provide tax credits to low-income taxpayers to offset other expenses. Making these few changes will help Texas greatly; however, making this change will be difficult because the state is comfortable with the tax system they have. Texas does not care to alter the tax system much because although it is weak, it does not take too much away from the overall economic success the state …show more content…
In addition, the current tax system in Texas us not beneficial because it is considered regressive. The tax system is regressive because it does not help in lessening the gap between the classes and it does not include beneficial characteristics. The Texas tax system will benefit from adding a personal income tax structure and proving personal income tax credits. If these changes were made to the current tax system, Texas will benefit greatly economically and socially because the wage gap between the lower classes and upper classes will decrease and more balance will be a
...ve their advantage and disadvantage in regards their tax system; however, we can see that the state of Texas needs to find a better system to growth its tax revenue, they need to move to a progressive system, where there is a charge for income tax, but by putting a margin were only certain brackets pay the tax, and live exempt the people who makes $30,000.00 or less. This will improve the amount of income for the state, to help suicide certain causes, such as The Education system, Medicaid, and also help the Department of Transportation to pay old debts due to the construction and maintenance of new roads. This will help to stop the plan of considering bringing international companies to build new roads with the commitment of paying toll during the next fifty years, which is only going to benefit the private company, but not any changes in the revenue of the state.
Whether or not to keep or discard the Bush era tax cuts for the wealthy, give tax breaks to the lowest tax bracket, and even throwing out the entire current tax code and replacing it with a simpler version, tax code and tax law has been a very controversial topic for the past few years. As it stands, the current tax code has over seventy two thousand pages, compared to the four hundred pages it had in 1913. There are many different stakeholders in this debate including taxpayers, corporations, businesses, etc. Americans for Tax Reform (ATR) is an organization that was “founded in 1985 by Grover Norquist at the request of President Reagan”(.N.p.). Their goal is to create and advocate for a simple flat tax,“...on the belief that they will provide a strong stimulus to investment, employment, and output” (Stokey 1). They promote their organization and represent taxpayers in all fifty states. Along with tax reform, ATR also advocates for individual health care, free trade, and spending transparency (.N.p.). Using very simple and easy to understand images, ATR is able to convey their goals and get information across to the general audience that visits their website.
this paper has also discussed Best Policy Initiatives to increase economic growth in Texas and
With each class comes a certain level in financial standing, the lower class having the lowest income and the upper class having the highest income. According to Mantsios’ “Class in America” the wealthiest one percent of the American population hold thirty-four percent of the total national wealth and while this is going on nearly thirty-seven million Americans across the nation live in unrelenting poverty (Mantsios 284-6). There is a clear difference in the way that these two groups of people live, one is extreme poverty and the other extremely
Texas is considered a colossal state with a great potential. Students from grades K-12 even through college, under all conditions, suffer greatly on school necessities like supplies, college loans, or possibly even transportation ways. Students up in northern states have it easy on how their parents can support their needs because the fact that the economy is so much better than down in the south.
There are not many positive outcomes expected to arise from this major shift in Texas’ population. In recent years, the Texas Hispanic population has shown to have lower education levels when compared to other races within society. “The average income of an undocumented immigrants’ family is 40% lower than that of native born families or legal immigrant families, causing most people from illegal immigrant background to be the first in their family to attend school.” (Glidersleeve, 41). By having a lower education, this can cause a majority of Hispanics to have low wage jobs which causes a vast amount the Hispanic population to rely on government support for assistance in health care and child care. This issue could be resolved by the Texas government by pushing and expanding the field of education to ensure that a majority of the Hispanic population obtain at least high school diplomas. This may not be an easy goal to obtain but can be done by making education more accommodating to the Hispanic population through the expansion of Spanish speaking schools and through scholarships for college. Ultimately education is the basis of everything in a person’s life and it is vital for a society that a majority of a population attends
The government of the state of Texas is a difficult and complicated institution that is composed of many different levels. The question comes in to everyone's mind at one time or another whether or not to trust the government. It could be that people believe that the officials will take advantage of their power, or simply people don't like the idea of being controlled by someone who is not a family member or friend. To avoid this centralized power, the government is divided into stages and this is a reasonable ground for trusting the government. Government runs this state and it does deserve to be trusted.
“By filing a one-page form, some producers can have their oil wells reclassified as gas wells and potentially reap huge tax savings. More such requests are being granted, and the Texas budget might start feeling the pain “(Malewitz, 2015). This is beneficial to higher income level citizens because they end up paying less taxes and keeping even more earnings from their profits. They ending up having even more money to keep to themselves, they do not have to pay a state income tax. A state income tax that could be into use by the state to fund programs for lower income level citizens. This appeals to higher income level people because they would not like to end up helping fund a program that they most likely do not qualify for. They are not worried about funding programs that are dedicated to helping poor communities. For example if someone with a high income level gets sick, they will probably have enough money to visit any hospital of their choice but a low income person will not have enough money to do so and will rely on a local hospital. This is where no state income taxes affect the poor. There is not enough money to fund programs that provide local hospitals with enough money to expand their equipment and
Divisions within the social stratum is a characteristic of societies in various cultures and has been present throughout history. During the middle ages, the medieval feudal system prevailed, characterized by kings and queens reigning over the peasantry. Similarly, in today’s society, corporate feudalism, otherwise known as Capitalism, consists of wealthy elites dominating over the working poor. Class divisions became most evident during America’s Gilded Age and Progressive era, a period in time in which the rich became richer via exploitation of the fruits of labor that the poor persistently toiled to earn. As a result, many Americans grew compelled to ask the question on everyone’s mind: what do the rich owe the poor? According to wealthy
Texas was built by hard working people to make it the greatest state in the nation. Push Texas to move welfare recipients off the welfare rolls and onto payrolls. It is time to recognize that the welfare system has been a failure, and from this massive investment the state received only more poverty. The welfare system is unfair to everyone: to taxpayers who must pick up the bill for failing programs; to society, whose mediating institutions of community, church and family are increasingly pushed aside; and most of all to the poor themselves, who are trapped in a system that destroys opportunity for themselves and hope for their children. It is time to implement a workfare approach proposal to fight poverty. It is a program based opportunity,
Inequality exist and is high in America because the amount of income and wealth that is distributed through power. In America the income distribution is very inequality and the value of a person wealth is based on their income with their debts subtracted. “As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers)” (Domhoff, 2011). In contrary the poor do not get ahead and the rich get more. Americans are judged and placed in class categories through their home ownership which translates to wealth. Americans social class is often associated with their assets and wealth. “People seek to own property, to have high incomes, to have interesting and safe jobs, to enjoy the finest in travel and leisure, and to live long and healthy lives” (Domhoff, 2011). Power indicates how these “values” are not distributed equally in American society. Huge gains for the rich include cuts in capital gains and dividends and when tax rates decrease for the tiny percent of Americans income is redistributed. Taxes directly affect the wealth and income of Americans every year.
...th what little they have, however; why is it left to the poor to have to suffer the consequences of these political choices. The persistence of extreme poverty and social ills speak to a situation that bears for a different approach. It is clear that capitalism and free market solutions cannot spread wealth as advocated. American governments have shown their reluctance to admit this discrepancy through the strategic creations of welfare policies and welfare reform coupled with placing blame upon the citizens who possess little power to change market decisions that govern and effect their lives.
Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The income gap in America has been increasing steadily since the late 1970’s, and has now reached historic highs not seen since the 1920’s (Desilver). UC Berkeley economics professor, Emmanuel Saez conducted extensive research on past and present income inequality statistics and published them in his report “Striking it Richer.” Saez claims that changes in technology, tax policies, labor unions, corporate benefits, and social norms have caused income inequality. He stands to advocate a change in American economic policies that will help close this inequality gap and considers institutional and tax reforms that should be developed to counter it. Although Saez’s provides legitimate causes of income inequality, I highly disagree with the thought of making changes to end income inequality. In any diverse economic environment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. I believe income inequality e...
Why overall, I think this will be a good thing for Texas. As our population grows this will lure corporates to relocated from other states. This will bring
Income inequality continues to increase in today’s world, especially in the United States. Income inequality means the unequal distribution between individuals’ assets, wealth, or income. In the Twilight of the Elites, Christopher Hayes, a liberal journalist, states the inequality gap between the rich and the poor are increasing widening, and there need to have things done - tax the rich, provide better education - in order to shortening the inequality gap. America is a meritocratic country, which means that everybody has equal opportunity to be successful regardless of their class privileges or wealth. However, equality of opportunity does not equal equality of outcomes. People are having more opportunities to find a better job, but their incomes are a lot less compared to the top ten percent rich people. In this way, the poor people will never climb up the ladder to high status and become millionaires. Therefore, the government needs to increase all the tax rates on rich people in order to reduce income inequality.