Sample of a Discussion Board

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Discussion Board
1. What are the major sources or categories of revenue and major expenditures?  How have revenues and expenditures changed in the last 100 years?  Were the Trump administration revenue changes a good idea, and did they have a more "regressive" or "progressive" effect?  Is the Biden administration's "infrastructure plan" a good investment or counterproductive?  
According to the United States federal budget, the revenue and expenditure give a financial representation of the government's priorities. The major revenue sources include payroll taxes, corporate income tax, and estate taxes. The categories of expenditure are social security, healthcare, income, and interest payment, and national defense (Noto et al., pg. 469). The federal budget has changed over time. Throughout history, the federal government could not tax income. The United States government debt has increased gradually in times of need, such as when the economy needed to be stimulated during the great depression. Expenditure on social security and medical aid did not exist, which now comprises close to half of the government expenditure. The Trump administration revenue changes were initiated to simplify the tax structure to reduce the tax revenue. It is not an entirely good idea because it plans to lower taxes for everyone and lower the taxes for high-income taxpayers. President Biden's infrastructure plan means that Americans will be in a position to access better country roads. Bridges and nationwide access to broadband internet and clean, safe water. It's a viable plan, but questions are asked on its funding proposal.
2. Candidates running for office often say they will "balance the budget." In the 2016 campaign, Donald Trump even claimed under his presidency, we would have large surpluses and pay off the entire national debt in eight years.  ...