POLI 330N WEEK 6 ASSIGNMENT, DISCUSSION – COMPLETE
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Course
POLI 330N
Institution
POLI 330N
POLI 330N WEEK 6 ASSIGNMENT, DISCUSSION – COMPLETE
You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Submit your recommendations and your reasoning for such recommendations...
POLI 330N WEEK 6 ASSIGNMENT, DISCUSSION –
COMPLETE
You are an advisor to the President tasked with cutting at least $300 billion from the
budget. The president wants your recommendations to cut lines, not large categories.
Submit your recommendations and your reasoning for such recommendations using
these guidelines:
- Use evidence (cite sources) to support your recommendations from assigned readings
or online lessons, and at least one outside scholarly source.
- Use the format provided below to present your numbers and totals followed by an
explanation below the chart.
- Please note that these are not true US budget numbers, but are reasonable
hypothetical numbers to help us consider the budget processes complexities.
End tax cuts for income above 250,000 a year: $54 billion
Institute a Millionaire's tax on income above $1 million: $50 billion
Cut some foreign aid to African countries: $17 billion
Add tax on carbon emissions: $40 billion
Tax banks based on their sizes and risk: $ 73 billion
Return the estate tax to Clinton-era levels: $50 billion
Cancel or delay some weapons programs: $19 billion
I would recommend ending tax cuts for those with household income over $250,000 as this
would save the nation around $1 trillion over 10 years and would be a major first step in
allowing the wealthy to pay their fair share of taxes (Americans for Tax Fairness, 2019).
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