Monday, May 23, 2016

Are Americans Overtaxed?

When comparing the United States to the rest of the world, no we are not overtaxed. The United States is about the 50th highest taxed country in the world. Compared to the top three taxed countries which are France, Belgium, and Italy we stand in an average position. Another indicator that Americans are not overtaxed is the progression of United States income tax. During the early to mid 20th century, U.S. income tax is the highest that it has ever been. Since that time, income tax rates have been slowly lowered by a margin of five percent.


The issue of taxes has long separated conservatives and democrats. Conservatives take a strong stance on lowering taxes, while liberals believe in a steady tax rate. This issue will probably never be solved as people will always have different opinions. Personally I believe that the tax program that we have now works, and if it isn’t broken, don’t fix it.

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