As citizens, we all find it obligatory to pay taxes; however when news about unjust tax system appear on the surface, we tend to lose faith in the system and do not want to pay taxes when they will not be properly utilized for our benefit.
It is important to make sure that any news about the tax system is authentic. Not all news can be believed because there is so much negative propaganda around us too.
Let us take a look at this post by Kevin Short of Huffington Post that compares the fairness of tax system in different states:
Here’s How Unfair The Tax System Is In Each State
09/18/2014 07:37 am ET | Updated Sep 19, 2014
Most people don’t love paying taxes, though they agree on the need to fork over some money to keep the government running. But what type of system do Americans consider fair? And which states adhere most closely to that system?
That’s exactly what WalletHub, a personal finance website, tried to figure out in a recent study. The site conducted a nationally representative survey of 1,050 Americans, asking them what levels of state and local taxes they find to be most fair for income taxes, sales and excise taxes, and property taxes. The organization’s analysts then compared the results to the actual tax structures in each state to develop a 50-state ranking by fairness.
In particular, one trend emerged: The tax systems in liberal states tended to be slightly closer to what Americans consider fair than those in conservative states. So how fair is your state? Look at the map below, where the darker blue the state is, the fairer the tax system.
After taking a look at the tax system in different states, take a look at this post; Pew Research Center is talking about the federal tax system and the tax practices of big-size corporations:
Federal Tax System Seen in Need of Overhaul
Top Complaints: Wealthy, Corporations ‘Don’t Pay Fair Share’
MARCH 19, 2015
The public sees the nation’s tax system as deeply flawed: 59% say “there is so much wrong with the federal tax system that Congress should completely change it.” Just 38% think the system “works pretty well” and requires “only minor changes.” These opinions have changed little since 2011.
More Are Bothered by Corporations, Wealthy Not Paying Fair Share Than by What They Pay in TaxesWith the April 15 filing deadline approaching, Americans’ top complaint about the tax system is not the amount that they pay in taxes. Rather, it is the feeling that some corporations and wealthy people do not pay their fair share of taxes.
Just 27% are bothered “a lot” by the amount they pay in taxes. By contrast, 64% say they are bothered a lot by the feeling that some corporations do not pay their fair share of taxes, and 61% say the same about some wealthy people failing to pay their fair share. In views of other aspects of the tax system, 44% say they are bothered a lot by the complexity of the system, while just 20% are bothered a great deal by the feeling that some poor people are not paying their fair share of taxes.
Washington House Democrats is talking about outdated and unfair tax system in this video:
Thus, having a fair tax accounting system is important so that the system can work efficiently for the betterment of common people.