Final Essay for Fiscal Policy. (50 point test grade). THE ESSAY IS DUE MONDAY, DECEMBER 2.

Prompt "How should the Government approach it's role in Fiscal Policy?"

Use the attached instructions and rubric for more specific direction toward the completion of this assignment.
Fiscal Policy Essay




Fiscal Policy Rubric


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Source Materials for the Essay










Progressive Tax
Why it is good: http://blogs.marketwatch.com/encore/2012/05/18/high-tax-rates-for-the-wealthy/
Why it is bad: http://www.cato.org/publications/commentary/higher-tax-rates-rich-wont-increase-revenues

Flat Tax
Why it is good: http://www.heritage.org/research/factsheets/2012/01/the-new-flat-tax-encourages-growth-and-job-creation
Why it is bad: http://online.wsj.com/news/articles/SB10001424052970204358004577032311610518008


9-9-9 Tax
Why it is good: http://articles.washingtonpost.com/2011-10-01/politics/35279437_1_tax-code-sales-tax-reform-plan
Why it is bad: http://www.nbcnews.com/business/cains-9-9-9-tax-plan-simple-most-will-simply-1C7101141


Value Added Tax
Explanation: http://www.nytimes.com/2009/12/11/business/11vat.html
http://www.nytimes.com/interactive/2009/12/11/business/economy/vat-graphic.html?ref=business
Why it is bad: http://www.moneynews.com/StreetTalk/Robert-Reich-Value-Added/2010/04/22/id/356577


FairTax
Why it is good: http://www.fairtax.org/site/PageServer?pagename=HowFairTaxWorks
Why it is bad: http://www.forbes.com/sites/timworstall/2012/08/22/why-the-fair-tax-will-fail/



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