Essays on Tax Policy

Although this topic has been in the limelight for long, it is shrouded by ambiguities. It is imperative therefore that empirical enquiry be mad more often to the effects of castration on adolescents compared to mature individually. This study will quantitatively and qualitatively explore implications of holding juveniles through the mainstream legal system. I argue that the legal system should differentiate juvenile trial from the mainstream legal system. This research is relevant for parents, policy makers, educators and parents. This paper will explore physiological, emotional and physical implication of juvenile persecution in both mainstream courts and special/juvenile court. “Juveniles' ...

Tax policy is the choice that the government makes on the amount of tax to charge on a product, to what amount as well as the people to pay it (Pechman 23). This discussion will focus on tax policy on tobacco products. According to Centers for Disease Control and Prevention posted in 2014, an estimate of forty million of United States adults smoke tobacco and its products (Retrieved from http://www.cdc.gov/tobacco/data_statistics/fact_sheets/adult_data/cig_smoking/). With this large number of tobacco smokers, the US government can implement a tax policy that would favor both them as well as the users. While implementing the tax ...

Corporation «BellaCosmetics» created in December 2002 is a commercial organization, one of the main activities is the development and sale of goods for beauty and health. Greatest fame and popularity gained following the development of the company: cosmetics, "bio-cocktails" and oxygen cosmetics, which includes a unique transdermal oxygen carrier - AquaTem (trademark). «BellaCosmetics» is an open joint stock company. In a short time the company has become a unique multi-level enterprise, which includes a major research center, a large independent production, powerful service and training centers. Laboratory and mobile marketing service direct their activities, knowledge and efforts to improve ...

There is a wide accepted concept that after centuries of development, the Muslim world began to decline in the 15th century. Did it really decline? In this work I would like to illustrate the main trends of developments of the Muslim world in early 15 – early 20 century. We know that in part of the second millennium, and for five centuries later there were many Asian invasions in other regions of the world, wide expansion (Seljuk, Arab, Turkish). But then the stagnation began. Since the "golden age" of the Abbasid Empire, it has not changed territorially. And large areas ...

Linear technology

1. Linear Technologies Payout Policy Linear Technologies is a technology company that designs and manufactures integrated circuits since 1981 to the computers market. The company took the approach of the Personal Computer development in the 1980's assuring a constant growth in all those years, having participation in computers, automotive and communications. The company starts listing on the NASDAQ stock exchange in 1986 when the company was available to the public investors to trade its common stocks. The company, thanks to the high availability of cash in its balance sheets, the company decided to start paying dividends to its shareholders, ...

1-How Was The Economy When Obama Took Office? (Unemployment Rate, Inflation, and GDP)

When Obama took office, the economy of the United States of America was in a great depression, which had not been experienced since the Great Depression of the 1930s. The economy was in a bad shape, and each sector was being faced with various problems. The levels of unemployment had gone up, and the Obamas’ administration was afraid that if they did nothing then, the problem would be much bigger than they thought. The unemployment rates had escalated to levels of even 9%. The situation was worse because the levels of inflation in the economy had risen. The mortgage ...

Re: Payroll tax policy and Income inequality

Current situation Recommendations The United States economy is the largest economy in the world, making the country powerful and respectable. In such an economy, there should be policies that promote income equality among the people to reduce the poverty levels. The tax system of the United States will require a proper revision to incorporate equality among the different wage group categories. The recommended reforms look at ways of reducing income inequality through adjustments on the payroll tax policy.

Cuts on payroll tax and increasing the scope of the tax to encourage savings

Adjusting the payroll tax on low income employees will encourage a saving habit to the people of the US. It will ...

Public budget and finance

The public budget and finance have six processes that are interrelated; those are budgeting, taxation, tax policy, capital, and debt, money management and financial system (FIU). The study will be applied to two study cases: the Alligator Alley lease and the Hollywood City cash flow. Both cases are at a local level in the state of Florida in the United States of America. First of all, the definition of each process: Budgeting: The budgeting is the process consists on a yearly basis plan where the institution estimates the incomes and outcomes of money according to previous budgets, higher institutions, ...

2008 BIPAC MARKET RESEARCH REPORT 2008 BIPAC Market Research Report

The basic reason of conducting a market research is to identify issues affecting business in the employer-driven market. The analysis is based on the employee awareness related to the significance of employer-driven messages that have an increasing impact on business affecting issues. The BIPAC research report of quantitative data using online survey has interviewed with the employees of the major organizations named as Florida Power & Light, members of the American Forest & Paper Association and PPG. The selection of these organizations was due to their high level innovation and ...

It is untrue that most people on public assistance are too lazy to work. In truth, if by expending the energy to work a job for forty hours at minimum wage their lives could be better than it is using welfare, they would work. But, with the current minimum wage of $7.25 an hour, for many of these adults, their lives and the lives for their families would be the same, if not a lower quality of life would be had, if they worked. By using Section 8 housing vouchers, Medicaid, food stamps, LiHeap, and cash assistance the same or perhaps ...

Abstract

Tax policies and reforms sometimes have strong effects on economic growth. This paper examines the relationship between tax and economic growth. The paper will explore the impact of changes in tax on economic growth. This is done using secondary sources found by searching databases that have past works on the same topic or related topics. The literature review is also used in this examination. The findings suggest that different taxes changes have different impacts on economic growth both positive and negative.

References7

1. Introduction For a long time, researchers and policy makers have had an interest in how changes in the ...

Taxes are in direct relation with the macro-economic operation of the state, in which, the revenue generated by the state is invested to ensure the smooth running of the administration; it also directly affects the micro-economic behavior of consumers/individuals/citizens as well as numerous public goods and services. Every action or policy pertaining to economic structure has a benefit or a drawback (Agliardi, 2001). People are influenced by incentives: will a particular product or a service satisfy their demand? How will it bring private benefits to them? Does the use of that particular product or a service has an overall positive/negative social cost? If the ...

Innovation and Commercialization in Canada

It is one thing to come up with an invention and another to manufacture the item and sell it to potential consumers. This is the essence of the Canadian commercialization gap. The country has world class innovators but a less than impressive commercialization record. Entrepreneurs and scientists develop new products every day but these ideas rarely materialize and whenever they do, they rarely make it to the mass market. Despite decades of innovation Canada when compared to other developed countries. Compared to other 15 peer countries that are leading in innovation, Canada was ranked 13th. These finding were reported ...

Question 1

What are the three major categories of revenues for the federal government? The different kinds of taxes imposed by the federal government allow it to raise trillions of dollars in tax revenues (Tax Policy Center, 2013). The trillion in dollar revenues raised by the federal government come from three major sources; individual income taxes, payroll taxes and corporate income taxes. Major sources of revenue accounts for 46 percent from individual income taxes, 34 percent from payroll taxes and 11 percent corporate income taxes (National Priorities, 2013a).

The three categories of revenues for the federal government are as follows;

- Individual Taxes Individual taxes are the most prominent category of ...

U.S tax policies on oil and gas

Introduction Oil and gas industry is a capital intensive industry, with key players who are well financed. The process of exploration to find oil mines, the extraction of oil and finally refining it to a usable commodity is what makes it very expensive. Other costs are also incurred for instance marketing the product and transporting it. Around 80% of the world’s oil and gas reserves is controlled by the national oil firms, from which 20 of the largest companies are majorly state owned companies, while oil produced by the biggest oil suppliers is recorded to be less than 15% ...

Analysis of US Corporate Income Tax Reform

A tax system should meet its objective of raising revenue for a government in a manner that meets the principles of equity, efficiency as well as complexity. Consequently, the essence of these principles is to ensure that any tax policy promotes economic growth as well as seeking to improve individuals’ social welfare. However, US corporate tax rate has been one of the highest even in comparison with the other OECD countries hence a need to reform it to meet the above principles as well as serve its key purpose of raising revenue. In this respect, this analysis seeks to analyze and present ...

Introduction

Ethical dilemmas are an integral part of every aspect of human life today. Apparently ethical dilemmas are among the principal factors that make the process of decision making more complicated. The major reason why ethical dilemmas make decision making complicated is because they pose two possible answers to a situation, both appearing to be correct. In an ethical dilemma, either side has a strong argument behind its decision. Worth noting is the fact that ethical dilemmas exist in all fields of life, ranging from the world of medicine to the world of business. Arguably, business is among the widest fields of human ...

A tax is a compulsory contribution from an individual to the government. This payment to the government does not usually result to supply of goods and services to an individual. However, tax is important to any country in that it enables the government run its daily activities and in addition, the government is able to provide goods and services that the private sectors are not willing to supply due to the fact that these goods and services are unprofitable or it is not possible to exclude people from consuming the goods (Forbes, 47). The type of tax levied by government ...

Issue: For the economic development and well-being of the Americans, should tax reform that focuses on tax cut be introduced by the Obama administration?

Thesis: Understanding tax reforms in the USA is of great benefit as it helps re-organize the country's economic reform policy. This can however only be achieved via the accomplishment of sound tax reforms. Comprehensive understanding of a country's tax reform strategies determines the prosperity of country's economy. The USA government should thus undertake rigorous tax reform as it is essential for tax policy making and the general economic development.

Tax reform has been of interest for ...

What Are The Pros And Cons Of Using Fiscal Policy Or Monetary Policy In Correcting An Unemployment Gap In The Economy? What Long Term Policies Would You Recommend In Making The U.S. More Competitive In The Future?

Pros

A decrease in income tax can lead to a considerable decrease in unemployment. Moreover the financial environment for the existing workforce is also improved and at the same time the productivity of a relevant business is increased. Hence, the employers are benefitted as well. On the other hand an increase in income taxes may lead to increase in government funds and this way ...

Issue: For the economic development and well being of the Americans, should tax reform that focuses on tax cut be introduced by the Obama administration? Thesis Assertation: Understanding tax reforms in the USA is of great benefit as it helps re-organize the country’s economic reform policy. This can however only be achieved via the accomplishment of sound tax reforms. Comprehensive understanding of a country’s tax reform strategies determines the prosperity of country’s economy. The USA government should thus undertake rigorous tax reform as it is essential for tax policy making and the general economic development.

Tax ...