Come up with a new tax system for our country. Below are your guidelines:
1. Research the current tax structure in the USA, Canada, UK, and Brazil
2. Assume everyone that is taxed is a family of four. That way we can cut down on the variable of single/Married/# of children.
3. Come up with income brackets. For example: 0-10,000, 10,000-50,000, 50,000-100,000, 100,000-250,000, 250,000+ You decide what brackets to create. You may only have one tax bracket (flat tax) or 20. It’s up to you!
4. Decide on a tax percent for each income bracket you created in Step three.
5. Defend your tax system. It doesn’t have to be in any format.
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