The Tax System of the United States

The tax system in the United States is a composite of federal, state, and local taxes.The Tax System in the United States.The Progressivity of the Tax System.The purpose of our research - to characterize US tax system.First we shall tell about main principles of US tax system.In chapter 1 we cover principles of federalism in tax system.After all we shall tell about political influences on the tax system.So, we can divide US tax system into the three major categories of federal, state, and local taxes.The progressivity of the tax system is reduced when social insurance taxes replace income taxes.[1, p.387] This is especially true when one considers the tax system as a whole.