Tax I Policy Paper

Assignment description: This assignment is designed to help you better understand how the tax laws are set. It will write about a specific tax law provision. Assuming that the provision is about to expire, each student will write a paper that briefly summarizes the rules that pertain to their tax law provision, describes the history of how/why the tax law exists, and presents arguments for repeal or renewal of the tax law. You may also consider a tax policy which is not in place, but which you believe should be enacted. If you choose to go this route, explain the related tax law, argue why your policy is important, and explain how your recommended policy modifies existing tax law. This is a more difficult option, in my opinion. Your grade will be based on the quality and clarity of your paper, and the persuasiveness of your arguments. You may choose any tax rule you like. I understand that sometimes this level of flexibility can actually feel restricting and make it difficult to begin the project. The assignment should be turned in electronically. Length: I expect that these papers will be roughly 3 typed pages.