One-time tax rate-social services initiatives

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Reference no: EM13779978

One-Time Tax Rate

Real estate magnate Donald Trump once proposed a one-time tax of 14.25 percent on the net wealth of every American with more than $10 million. Would this be an efficient way to raise tax revenue? Why or why not?

Social Services Initiatives

Should the Federal Government increase social services initiatives to improve the quality of life issues for the less fortunate ones. (For instance: 1) promoting training/educational assistance initiatives to help the unskilled workers obtain/hold jobs; 2) assist the elderly/homeless with affordable housing: 3) increase health insurance coverage for the poor.) Secondly, what impact would this have on the federal deficit? Is that a burden we should place on all of the citizenry? Why?

Reference no: EM13779978

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