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Wasteful Government Spending Essay Examples

Government Spending Of Tax Dollars Essay

Government Spending of Tax Dollars

Taxes are the dollars that we pay to government to supply the services that are not or can not be provided through the free enterprise system. Taxes have been around since the beginning of organized societies. They come in various forms. Most common are income taxes both federal and local government. These taxes are assessed on the amount of income a person earns. Other taxes come in the form of user taxes; these taxes are imposed on the people that are using the goods being taxed, such as gas tax, alcohol tax, sales tax, and luxury taxes. Property taxes make up the major revenues for local and city governments. Furthering the burden of taxation are taxes that are attached to such bills as utility bills and rental expenses.
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Introduction Taxes; who benefits and who gets ripped off focuses mostly on Federal and county taxes and not on state taxes. This report aims to give the reader some insight on taxes: Why we have them, what types of benefits they supply, who benefits from them, and who gets screwed by them. It informs the reader of the different types of taxation, where the money comes from and where it goes. How can people avoid some tax increases? But most of all, this report informs the reader that there is an incredible amount of money being wasted by the federal government through overspending and irresponsible behavior of government departments. This overspending has created a deficit that has caused billions of dollars in damage to the credit of the country. As a result of these excess taxes, the American taxpayer is getting ripped off by paying for waste in government. Most people in this country are being ripped off in the amount of taxes they pay due to corruption government and the flagrant overspending and waste of government departments. This over spending and waste is the cause of high tax rates Why we have taxes Ever since the beginning of organized societies, governments have been formed to rule over and to protect the interests of these societies. In order for these governments to function there was a need for revenue to meet the expenses incurred by these governments. This need for revenue was met by levying taxes on individuals and businesses. It has always been a question to the population being taxed as to whether or not the government was doing a good job in assessing and managing the money it collected from taxes.
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The purpose of this report is to determine if the government is acting fairly in its taxation of the American population, and to point out the waste in government spending. In an article published November 1995, an unknown author explained the need for government "revenue" by defending what the revenue supplies for the people. In America we live within a free enterprise society. A free enterprise system is based on the idea of competition is good and that only the most efficient businesses will survive. The free enterprise system works with the idea...

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The FairTax Act Essay

1733 words - 7 pages In “The Federalist No. 21” Alexander Hamilton addresses the citizens of New York concerning the issue of taxation. Hamilton (1787) writes, “It is a single advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue.” The advice given by Hamilton in 1787 is the...

Professional Challenges in Computing Essay

2073 words - 8 pages PROFESSIONAL CHALLENGES IN COMPUTING Contents 1. Introduction 2 2. Controversy over tax 2 3. Some ethical issues associated by paying no tax 6 4. Bibliography 7 1. Introduction “Google’s slogan “Do no Evil” was suggested either by Google employee “Paul Buchheit or by Google engineer Amit Patel at a meeting about corporate values in early 2000 or in 2001. Google has changed the slogan from “Do no Evil” to “Don’t...

US Military Budget On Our Shoulders

542 words - 2 pages Our country no longer needs to be afraid of other countries. The cold war is over and the United States can stop putting most of the citizen's tax dollars into the military. Our government spends 965 billion dollars on the military which as an astronomic amount. Every year military technology is outdated and we spend billions to update it. Since we stopped fighting...

Dividend Tax

1576 words - 6 pages A dividend tax is an income tax paid on the earnings from a corporation that is distributed to its shareholders. Dividend payments are treated as ordinary income, and they are taxed as if the taxpayer had earned income through active work. Presently, there is much controversy surrounding the tax. The government taxes dividends twice: It first taxes corporate income, then taxes the same income again when shareholders receive dividends paid out...

Why All the Debt?

1911 words - 8 pages Seventeen trillion dollars in debt and growing every day. Continuous tax cuts and drastically increased spending. Turning a blinds eye to our continuous deficient financing, spending more than what we take in. Throwing countless sums of money into foreign country research projects or wastefully spending within the states, having to borrow to make up for the short comings in our budget. The government shutdown and fear of being thrown back...

Position Paper - Federal Handouts

605 words - 2 pages Federal handouts to the wealthy have long been a topic of controversy. Many lawmakers and politicians seek to justify the use of taxpayers money that is handed out to the wealthy. Aid to Dependent Corporations, Exposing Federal Handouts to The Wealthy is one reading that seeks to exploit and expose these loopholes in the federal tax system. At a time when Congress is attempting...

Should Campaign Spending Be Limited?

2520 words - 10 pages Should Campaign Spending Be Limited?The same day I was given the handout on the exploratory essay I happened to walk by a poster telling people to boycott Coke. At first, I thought it was just some naturalist upset that people would spend millions of dollars on drink that is bad for them. But, after closer inspection, I found the reason for the boycott was because Coke was a major sponsor of Bush's 2000 campaign, therefore supporting...

Fiscal Policy

995 words - 4 pages Aside from creating and enforcing regulations and laws the government has an important part in encouraging and fostering economic growth. One of the ways that government can manipulate the trends in the economy is called a fiscal policy. A fiscal policy according to Colander is an intentional change made to governmental spending or taxes that leads to either stimulation or a slow down in the economy (2004). The contents of this paper will show...

Fiscal Policy Simulation

995 words - 4 pages Aside from creating and enforcing regulations and laws the government has an important part in encouraging and fostering economic growth. One of the ways that government can manipulate the trends in the economy is called a fiscal policy. A fiscal policy according to Colander is an intentional change made to governmental spending or taxes that leads to either stimulation or a slow down in the economy (2004). The contents of this paper will show...

Borrowing Money Throughout the US History

1751 words - 7 pages People will face adversity every day but no matter how tough the situation, people will rise. The United States brought people together to face their adversities against England to become what the world calls it today. The U.S., the land of the free and the home of the brave. On July 4, 1776, the U.S. government sought an opportunity to make a government where power distributed evenly, which no person or group has more power than the other does. ...

Fiscal Policy Simulation

875 words - 4 pages Fiscal Policy SimulationWhat are the effects of the changes in fiscal policy in the simulation?The formula of fiscal policy affects the popularity of a presidency, the unemployment, the gross domestic product (GDP), the government tax revenue basis, education expenditures; however, a major example of the effects of the changes in policy cannot be...

Wasteful Government Spending
A major problem today in the United States government is agreeing on a balanced federal budget. When a government cannot balance its budget or it spends more money in a year than it receives in revenues, a deficit occurs. One reason congressional leaders cannot come to terms on a balanced federal budget is because of the wasteful government spending that occurs. Congressional leaders believe that some government programs should be passed on to state and local governments while others believe the programs are inefficient, mismanaged; outdated and unnecessary programs that should be eliminated. In order to manage these problems, Congress will need to make hard, necessary changes that will affect all people so the government can run more efficiently.
Education assistance is one government program that should be administered by the state and local governments. Each state can set its own educational programs to financially support its institutions. By reducing the federal governments' footprint on education, state leaders would be able to direct more funding to the most pressing educational needs. States have the ability to manage these programs more effectively than the federal government is currently doing. For years lawmakers have tried to reform education and have failed. The only known successes have come from state and local levels of government. They have bridged the gap between students and academic achievements. Now is the time for the federal government to relinquish its hold on educational policy and pass it down to the state and local levels of government.                                            
Many government programs are inefficient and mismanaged, which encourage fraudulent use of the benefits provided. The Supplemental Nutrition Assistance Program (SNAP), formerly known as Food Stamp Program, allows individuals to buy certain foods that are not typically considered nutritious (e.g. candy bars). How can the government...

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