Ireland vs US: Taxation

The fourth of July is one of the most widely celebrated national holidays in the United States. In 1776 the Continental Congress declared that the 13 british colonies were to be free from the confines of British rule and would become a new, independent nation. Within the Declaration of Independence, there were 27 grievances against the current and former actions of King George III; Thomas Jefferson, an advocate for independence, wrote almost all of these. 

Grievance 17 focused mainly on taxation without representation, which to this day is still a widely supported part of the Declaration and Constitution. Although this outcome is supported by both US political parties, the amount of income that is taxed and what the taxed money is used for is highly contested.  

In the United States, taxation occurs at the local, state and federal levels. For income, the United States imposes a bracket system on the amount of income you earn. In 2018, the tax rate started at 10pc of total income until you were to earn above $19,050. Between the incomes of $19,050 and $77,399 …

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