Essay Sample on the Tax Legislation Bills

Introduction

Legislation and tax reforms have shaped the U.S. tax system. It plays a major role in regulating business activities. The use of the policies and tax reforms has intensified proper outlook and operations on the business activities in the country. However, the newly introduced legislation by the Senate Republicans was meant to pass legislation on the US tax code. It approved the $ 1.5 trillion tax bill which included a permanent tax on corporations and temporary tax cuts for individuals (Sabrina. et al., 2017). The legislation was one of the most drastic changes. Legislators passed the bill though party-lined through voting. The proposal was viewed to have the ability to favor the wealthy. According to Sabrina et al., (2017), the bill was expected to lower the tax top individuals at a rate of by around 2.6%. Therefore, it would have different effects on the US community. For instance, the tax deduction for home mortgage state and local tax would be expected to reduce. Thus, the bill was shown to have a reforming effect on the U.S. taxing system.

Is your time best spent reading someone else’s essay? Get a 100% original essay FROM A CERTIFIED WRITER!

Save 25%

The tax bills and plans have been shown to violate different policies that favor one group of people and oppress the other. Therefore, the state has overstepped different the biblical principles that discourage the oppression of the less fortunate. However, the legislators considered that the budget would favor the U.S. citizens. Through the voting, the issue was addressed, and the leaders agreed on the basic fact that the tax reforms should prefer every person in the country. The perception of drafting legislation that favors the rich or a particular group us discouraged. Based on the biblical teachings, the view and the argument of the Democrats and Republicans showed concern on limiting cases of oppression. However, the Democrats opposed the bill with the aim of focusing on the long terms impacts on the need to reshape the US economy. As a result, this would have both similar effects to the two parties.

The state has been viewed to impose heavy taxes on its citizens. Imposing heavy taxes is one way of oppressing people. The biblical principles encourage payment of fees and delivering justice to the servants. Furthermore, it discourages anyone who oppresses other people. For instance, Proverbs 14: 31, God teaches about the oppression of his people (Version, 1989). He warns that however oppresses poor man insults his maker. Besides Isaiah 1:17 also encourages the believers to seek justice and correct the oppression (Version, 1989). Therefore, this is some of the teachings that the government has failed to recognize in serving its people. It is essential that leaders demonstrate the right leadership qualities that encourage good behaviors and build a society with high integrity. Therefore, the tax reforms and other legislation should consider the needs of the people and the ability of the bill to equally serve every citizen. Overtaxing people is a significant hallmark against biblical principles. Therefore, the laws should provide adequate changes to every person and consider the biblical principles as this is one of the sources of, teachings.

Conclusion

The Tax legislation bills determine the level of taxes imposed on the individuals and corporate instantiations. It affects businesses and other economic activities. Similarly, the effect is evident with the livelihoods of the marginalized groups. The process should encourage a dynamic environment were both leaders and citizens agree regarding the tax code, and this is achieved through voting.

References

Sabrina. S. Jacobs, B. & Gambino, L. (2017) 'Senate Approves most Drastic Changes to US tax Code in 30 Years' The Guardian (20 December 2017)

Version, K. J. (1989). The holy bible. World Publishing Company.