Taxes Assignment Example | Topics and Well Written Essays - 250 words

Taxes - Assignment Example The revenues collected through a progressive tax regime can be utilized to strengthen the public healthcare system. As it stands, the United States has more than 50 million citizens without health insurance. This is a shocking statistic, for with only a fraction of the yearly military budget, health access and healthcare outcomes in the country could be improved multifold. In a similar vein, channeling a portion of corporate revenues toward strengthening our healthcare system will pay rich social dividends. Much of the criticism directed at welfare programs like Medicaid, Medicare and social security are misplaced. Existing welfare programs are a godsend for those Americans belonging to the lowest strata of American society. They should not be criticized for being a drain on the economy. To the contrary, it is corporations which owns substantial resources and yet acts without social or environmental responsibility. It is only fair that corporations are taxed more as reparation for the damage they chronically cause to society and