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The US Tax Adjustment Is Quite Troublesome.

2011/9/24 10:50:00 18

Us Personal Tax Adjustment


  


 


Once the richest man in the world

Buffett

Shouting "tax on me" broke the surface calm after the Democratic Party and the two parties contributed to the adjustment of the debt ceiling.

US President Obama announced a new deficit reduction plan on the 19 th, including an increase of US $1 trillion and 500 billion in the next 10 years.

Speaking at the White House on the same day, Obama said: "this will be the largest expenditure in the history of the United States.

Cut down

Everyone must pay the fair share, including the rich and the big companies.

However, because Republicans have been opposed to adopting a similar way of raising taxes to reduce the deficit, Obama's new deficit reduction plan is considered unlikely to be passed in the US Congress.


Is the tax paid by the rich in the United States less than that in sweeping the land? How is the US tax and how to adjust it? Is Buffett sincere to shoot at me or stand up and speak without pain? {page_break}


Trouble in classification


Personal income tax has always been the largest source of revenue for the US government.

From 2000 to 2009, the federal government collected a personal income tax of not less than 700 billion dollars a year, up to 1 trillion and 100 billion dollars.

In 2009, the federal government collected a personal income tax of 915 billion 300 million dollars, accounting for 43.5% of the federal government's revenue.


Us personal income tax

Exemption amount

There are 5 broad categories and 10 sub categories. The reason why classification is so troublesome is that it takes into account the different basic living burden of different groups and emphasizes fairness in tax practice.


In addition, the government will directly return some of the tax revenue to some low-income people. For taxpayers who have not reached the exemption, this means that they will not only have to pay a personal tax, but will also receive subsidies from the government.

The US taxpayers who meet the standards (according to the number of children) can get tax rebates ranging from 2 to 5666 dollars.


In 2010, the per capita disposable income of urban residents in China was 19010 yuan, that is, the average monthly income was 1600 yuan, which still failed to reach the original threshold of 2000 yuan, not to mention the increase of 3500 yuan.

Unlike China, the US per capita disposable income is about US $35000 in 2010. We can see that most Americans have a personal income tax rate of 25%.


Annual adjustment is different everywhere.


According to the annual economic development of the United States, especially the adjustment of residents' income in the previous year

Individual income tax

The starting points should be used to cope with changes in economic development factors such as CPI.

The current income tax system in the United States was laid down during the Reagan administration. During his term of office, the maximum and minimum marginal tax rates of income tax were reduced from 70% and 16% to 28% and 15% respectively.

After several adjustments, it was fixed in George W. Bush's 35% and 10% in 2006.


The United States has different taxes because of its graded taxation and classified finance.

Generally speaking, the traditional eastern industrial state has a heavier tax burden.

But there are several states in the United States that do not have personal income tax, one is the underdeveloped central and Western States, and the other is Florida, in order to attract more investment in the third industry instead of tax.


However, for super rich people, personal tax is irrelevant, but the company tax, property tax and investment tax are not included in the tax burden.

Even if we raise the tax for the rich, according to Obama's proposal, the tax revenue of the wealthiest families in the United States will increase by two percentage points, and the tax revenue in one year will increase by 34 billion US dollars.

This is also a huge deficit for trillions of dollars in the United States.

An utterly inadequate measure


 

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