Analytical Research Paper, writing homework help
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8-10 pages max; double-spaced; 12 point font; 1" margins

Citations are of your choosing but need to be a recognizable style (Chicago, MLA, etc.)

Scholarly sources in peer reviewed journals are always preferred and, at the very least, two should be present. Integrating more than two is helpful towards strengthening your argument, analysis, and grade.

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Running Head: FEDERAL TAX PROPOSAL 1 Federal Tax Proposal: Embracing Financial Experts as the Tax Policy Makers at the Expense of Politicians Yi Wu May 19,2017 Topic: Embracing Financial Experts as the Tax Policy Makers at the Expense of Politicians Justification EMBRACING FINANCIAL EXPERTS AS THE TAX POLICY MAKERS In the topic of federal powers, there is a statement that mentions that income tax collection is a powerful weapon that is placed in the right hands capable of protecting citizens in a good government. It is also a very powerful tool of oppression and tyranny in a bad government. It is also clear that income tax in the US is a very complex process. Policies that cover over 6,000 pages cover income tax only. There have been long definitions that are constantly changed by the House of Representatives, and there have been inclusion of policies in the same document. I believe that politicians should not have the power to control the economy and wealth, where they may be having little or no financial expertise (Roach, 2010). The main purpose of the frequent changes is to utilize political powers. The reason why these changes are too voluminous is because they have to suit the majority and the minority’s needs, which is alright. However, what if the rules were designed without the consideration of the Republicans and the Democrats, but with the American citizen’s interest at heart? This is only possible if the budgetary commission is allowed to review the income tax, reduce the definition into simpler mathematical descriptions. The tax policies are supposed to serve everyone, but the way they are written embraces highly sophisticated legal descriptions, and maybe less of financial terminologies. This is because it has been politicized, and is only meant to sue, not assist Americans invest swiftly (Roach, 2010). Research Question 2 EMBRACING FINANCIAL EXPERTS AS THE TAX POLICY MAKERS Why does the nation provide financial power to influence tax policies to politicians who have little or no financial intelligence? Should tax studies not be taught in colleges that teach the economics and accounting? Can financial matters be delegated completely to finance experts? Thesis Statement Politician should let go off the powers to change tax policies at the US federal governance level. The budgetary committee should also be entrusted with tax changing powers. In addition, some colleges should be allowed to include tax studies to economic students as a specialty to create tax professionals in the US. Argument Preview Tax is politicized in the USA. Currently, there is an issue in the Oil and Gas taxation policies. The conflict is between the democrats and the republicans, with the republicans not favoring the current tax policies in the Arena. Other areas are affected as well (Wright & Kummer, 2015). Considering a historic perspective, Dowling (2014) found out that governments can be described in a timeline of tax policy changes (Dowling, 2014). Brownlee (2016) provides insight that the politicians are too powerful, and where they are supposed to represent Americans, when it comes to tax policies they only represent what is best for them (Brownlee, 2016). Politicians are not the right decision makers in the US. Why should they have the rights and powers to shift income and wealth through tax system changes which are very frequent and has affected every government? This is an unfair advantage to control a field that almost all of them lack expertise or competency in. They are meant to represent the citizens, but on the contrary, they end up representing their own selfish interests. The right authorities to handle this should be 3 EMBRACING FINANCIAL EXPERTS AS THE TAX POLICY MAKERS the budget committee on my opinion, and the budgetary committee should have a legal representative to endorse changes. The president can sign the bill into law, and the chosen teams should not have any political affiliation. Financial experts in tax and tax policies can be developed in US colleges. Currently, tax education is very shallow. It is either mentioned in a topic or two throughout an entire economics course. There should be serious and deep consideration of this driver of the economy. It should be a specialty, on my opinion, to be offered alongside budget studies. Few individuals should be selected for the study, through a very critical scrutiny of their political affiliation, financial intelligence, and integrity. 4 EMBRACING FINANCIAL EXPERTS AS THE TAX POLICY MAKERS Annotated Bibliography Roach. B. (2010). Taxes in the United States: History, Fairness, and Current Political Issues. Tufts University Global Development and Environment Institute. [pdf]. Retrieved from: http://www.ase.tufts.edu/gdae/education_materials/modules/Taxes_in_the_United_S tates.pdf Roach (2010) begins by mentioning that taxes are complicated in the US. He also mentions that annual changes that occur due to federal political heat will make the tax issues more complex. He has also made it clear that it is a neglected topic in colleges teaching economics because it is not part of the developed curriculum, or it is in very shallow details. He sees the importance of tax as a very influential aspect in a country’s economy. He describes the social, cultural, and most importantly the political context of the entire US tax system. This source gives insight in the political levels of the issue of taxes in the United stated. Wright, J., & Kummer, J. (2015). The Politics of Tax Reform and the Potential Impact on the Oil & Gas Industry. Petroleum Accounting and Financial Management Journal, 34(2), 111. Wright and Kummer (2015) researched on the politics of tax with the specific interest on the gas and oil industry. Gas and oil, like tax, drive the country. The two realized that there is greater oppression on gas and oil because the democrats had their past 5 EMBRACING FINANCIAL EXPERTS AS THE TAX POLICY MAKERS government pass laws that segregated industries and the oil and gas industry was placed on the highest tax end. The Republicans have been trying to push for the changes like they tried in 2014, but they failed. They have been constantly pulled back by the sluggish GOP consideration, and lack of sufficient written bills for implementation on the issue. This source gives more insight anecdotally, on how politics affect tax policies negatively. Béland, D., & Waddan, A. (2015). Breaking down ideas and institutions: the politics of tax policy in the USA and the UK. Policy Studies, 36(2), 176-195. Beland and Waddan (2015) researched on the political issues that surround tax and tax policies in the United States and in the United Kingdom. They have taken their study back to the time of President Reagan and Prime Minster Thatcher, when the political heats around the ideation of tax became the elephant in the houses of representatives. They have not left behind the institutional analysis of the policies through the given timeframe and in the US and the UK. This source provides a recommendation that there should be studies specifically created in the tax area of knowledge. This backs Roach’s (2010) idea. Dowling, G. R. (2014). The curious case of corporate tax avoidance: Is it socially irresponsible?. Journal of Business Ethics, 124(1), 173-184. Dowling (2014) researched on corporate tax. This is very unique and specific for this topic. He realized that there are issues in tax avoidance, and they are related to Social responsibility. Corporates have contracts with the federal government, for instance, if they are able to assist a given part of the society in their CSR measures, they are able to 6 EMBRACING FINANCIAL EXPERTS AS THE TAX POLICY MAKERS evade tax. This is legal. However, many companies are able to evade tax, and evade CSR contracts. This source shows how imbalanced tax obligations are in the United States. Brownlee, W. E. (2016). Federal Taxation in America. Cambridge University Press. Brownlee (2016) is a vital book that explores US taxation policies in the light of politics. He describes the history of the US as one that cannot be placed in a timeline of developmental changes, but more comprehensively into varied tax regimes, with each tax regime being dependent on the economic hardship at the time of the changes. He also thinks that politicians have the power to shift income and wealth through tax system changes. This source provides insight that the politicians are too powerful, and where they are supposed to represent Americans, when it comes to tax policies they only represent what is best for them. 7 ...
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Hoping you are doing great...Below is the paper.Let me know if you need it edited.Thanks!

Running Head: FEDERAL TAX RESEARCH PAPER

1

Federal Tax Research Paper:
Embracing Financial Experts as the Tax Policy Makers at the Expense of Politicians
Student’s Name
Professor
Course
Date

Running Head: FEDERAL TAX RESEARCH PAPER

Introduction
The United States has a complex and very voluminous code guarding federal tax. The
voluminous work is not simply because there are very many different businesses in the United
States: Far from that, the complexity of the codes is due to very many definitions of similar
businesses, but more so because politicians take charge of implementing the changes. The two
houses making up the congress; the senate and the House of Representatives, have their
touches on tax policies. Considering the size of the nation, it is important to understand that
tax cannot be a simple issue, but it is also important to understand that it is currently under the
influence of too much politics. Why does the nation provide financial power to influence tax
policies to politicians who have little or no financial intelligence? Should tax studies not be
taught in colleges that teach the economics and accounting? Can financial matters be
delegated completely to finance experts? Politician should let go off the powers to change tax
policies at the US federal governance level. The budgetary committee should also be
entrusted with tax changing powers. In addition, some colleges should be allowed to include
tax studies to economic students as a specialty to create tax professionals in the US.

Review of Literature
Roach (2010) has been critical on the situation of the federal tax policy. He has
described how complex the code is. He describes the size mentioning that the federal tax code
is over 6000 pages long. He describes the fact that there are too many details discussed in the
code, and it segregates related business. He gives the rational for the segregation. First, there
are politicians involved in the chain. He mentions that there are bills that are pending

2

Running Head: FEDERAL TAX RESEARCH PAPER

implementation, to add to the tax code, waiting for the approval of the president. As a result,
there have been changes implemented and allowed by the congress. He mentions that
“Taxation is as much of a political issue as an economic issue” (Roach, 2010).
Roach mentions that, currently, there are sections that are set aside to describe single
types businesses in length, with some very similar businesses taking separate section. An
example is the natural wines and the special sweetened wines. Special sweetened natural
wines take the entire section 5385 of the federal tax policy. This is different from the sections
that discuss 100% wines. It only implies that there is focus in every brand and all the affiliated
products. This is not wrong. Vaccines on the other hand, are taxed as per the sections 4131
and 4132. Other entities that take voluminous portions in the code include indemnity
association and the ship owners’ mutual protection. The essence of tax cannot, however, be
under...

mariam90 (9474)
UT Austin

Anonymous
Solid work, thanks.

Anonymous
The tutor was great. I’m satisfied with the service.

Anonymous
Goes above and beyond expectations !

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