Would the flat tax be our savior or our destruction?

• Briefly explain why you are interested in studying your topic:

I am interested in studying whether or not a flat tax would improve the economy or hurt because I truly believe that implementing a flat tax would get the U.S. out of debt quicker, make taxes easier, and make taxes fair. I know that the possible consequences of implementing a flat tax would cause many people who are not financially wealthy to consider the flat tax unfair, but the same goes for the government, today, trying to take more money from the middle to upper class than the poor. I believe everyone should have to pay the same rate of taxes because thats what would be fair and it would get the United States out of the deep debt and bankruptcy it has.

• The overall question I plan on answering by the end of the project:

Would a flat tax help or hurt the economy?

• Sub questions I will need to answer in order to answer the overall question:

How much debt is the United States in?

How would a flat tax work?

What would be a good set price for the flat tax?

How does the Progressive tax work?

What is the average pay for progressive tax?

How many U.S. citizen are in the lower class?

What is Obama’s new tax plan and how will it affect people?

• My plan of research (what specific Library Databases, specific websites, names of authors, people, etc. will I pursue to find the answers to the questions above):

For my research, I am going to look into Steve Forbes and his opinion an idea of the flat tax. I can then compare what his idea of the flat tax effects the economy compared to the progressive tax we use today. To find information on the flat tax, I am going to use databases that I find on flat tax and progressive tax that can help my proposition to implement a flat tax and if it would help or hurt the economy. Based on the information that the databases give me, I can look into what the difference between the two tax systems are and how each would affect the economy. I will also look into Obama’s new tax plan to increase the amount of taxes put onto the upper class and from there, I will be able to debate against the the progressive tax and how it is more unfair than the flat tax.