Here is the synopsis of our sample research paper on Taxing Retirement Income. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 12 page paper devises a way to tax retirement income in the newly-independent country of Wikikiti. Bibliography lists 5 sources.
Page Count:
12 pages (~225 words per page)
File: D0_HVTaxrev.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
also hope to have enough to cope with the inevitable medical bills and end-of-life issues, and still be able to leave something to people they love and causes they believe
in. Pension plans, profit-sharing plans, IRAs and other schemes are set up to help contributors achieve those goals. However the regulations that govern taxing such funds are complex and
ever-changing, and sometimes seem very unfair. For example, for many years (before IRAs), savings withdrawals were taxed, even though the person had already paid tax on the money
before he put it into the savings account. Such "double dipping" was greatly resented by taxpayers, and rightly so, and it was partly in response to this practice that
new systems were devised. The money in an IRA, for example, is put in the fund before taxes are levied (assuming it is done through a company), so that
the person is not paying double tax on the same funds. But are these systems fair and just? And do we want to saddle a newly independent
nation with a monster like the U.S. Tax Code, which is thousands of pages long and understood by few except tax lawyers and accountants? For that matter, what would
happen if we didnt tax retirement income at all? One of the basic principles of tax fairness, which the U.S. no longer has in place, is the idea that the
rich should pay their fair share. Those who are doing extraordinarily well should in fact bear a heavier tax burden than those who are struggling. But in recent
years weve seen a deliberate skewing of the tax structure in favor of the wealthy. This is one American practice we dont need to export. It also
...