two paragraphs outlining your opinion of the advantages and disadvantages the current US system of income taxation

I need an explanation for this Economics question to help me study.

Please turn in two paragraphs in your own words outlining your opinion of the advantages the current US system of income taxation in your first paragraph and disadvantages of the current US system of income taxation in your second paragraph. Use specific examples from what you have learned. Use times new roman, 12 point font, double spaced formatted text with one inch margins. Each paragraph should be a minimum of five sentences but do not exceed a page. Do not put your name, class or date on the top of the paper. Start with your analysis.

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