Reference no: EM132191821

While the existence of taxes may be certain, the kinds of taxes that citizens of states will pay are not.

Ever-changing economic conditions and citizen demands place continuous pressure on state leaders to develop effective tax systems, but not all states are up to the task.

For this written assignment, you will compare the tax systems of two states and assess their overall effectiveness.

To complete this paper assignment, you must do the following:

Select two states. (Georgia is not a valid choice)

Identify the main components of the tax system for these two states.

What kinds of major taxes (property, sales, corporate income, personal income) exist in the state?

What kinds of miscellaneous taxes and/or user fees exist in the state?

Discuss perceptions of the tax system within each state. Locate and draw upon at least two suitable sources for each state to consider the following issues:

Is the tax system considered to be reasonable or burdensome?

Is the tax system considered equitable or unfair?

Have major changes to the tax system been proposed or considered recently?

Is the tax system considered effective for meeting the state's revenue needs?

What forces or factors seem to inhibit the development of more effective tax policies?

Drawing on concepts from Chapter 13, provide your own assessment of the tax systems in these states. Which of these states seems to have a ‘better' tax system, and why?

Formatting and Submission Guidelines

Your paper should be at least 1500 words in length and double spaced with appropriate sized
fonts and margins.

Citations must be formatted based on APA, MLA, or Chicago style guidelines.

Writing Assignment. No Plagiarism!