Essays on Taxation

Apple is an American technology company that was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976. Apple is known for designing, manufacturing, and marketing of personal computers, software, mobile phones, portable digital music players, media communication devices. They also offer networking solutions and sell third-party digital music and application (Apple Inc, 2015). In summary, Apple’s business nature is manufacturing technology devices, software and providing various services to clients. Apple’s hardware products include Apple TV, iPhone, iPod, and iPad. The software applications offered by the company include OSX and iOS operating systems. Apple also sells ...

Abstract

Subsidies mean that the government pays for what would have been paid by consumers thus reducing the overall expenditure. Thus, subsidies have a far-reaching economic implication to the economy since it reduces the overall cost of production, besides stabilizing the prices of commodities within a reasonable limit. Indeed, high subsidy level means a lower cost of production. Moreover, allowing subsidies spurs economic growth since it lowers the operational expenses of production. Other consequential impacts associated with subsidies include improved living standard of the general public due to the overall affordability of commodities. On the other hand, a subsidy to ...

Institutions

The Fallacy of Microfinance Microfinance has been billed by many as a solution to the persistent problem of poverty. This is as result of the fact that it has been hailed to create and expand micro-enterprises and in the process improving the socio-economic situations of those that own the micro-enterprises, who generally tend to be women. However, according to Banerjee, Duflo, Glennerster, & Kinnan (2014), microfinance does not necessarily lead to people rising out of poverty. The argument held by Banerjee, Duflo, Glennerster, & Kinnan (2014) gives credence to the apprehensions some have had about the romanticized stories on microfinance. I ...

Volatile Prices of Primary Goods Preventing Economic Development in LDCs

Background The primary goods refer to the products that are obtained directly from agricultural activities and are not subjected to the process of manufacturing. The most important primary products in an economy include those that are obtained from the sector, such as the fishing, agricultural, forestry, and mining industries. In terms of the least developed nations, which are mainly located in Africa, Asia, and the Latin America, the trade characteristics of their economies include the dependence on the developed, industrialized nations, and, significantly, the reliance on primary products. Accordingly, in international trade, the least developed nations’ exports are primary ...

Demand function (QD) = -5200 - 42P + 20PX + 5.2I + 0.2A + 0.25M Where; P= 500, PX=600, I=$5,500, A=$10,000 and M=5,000

Replace values in the equation;

QD = -5200 - 42(500) + 20(600) + 5.2(5,500) + 0.2(10,000) + 0.25(5,000) = -5200 – 21,000 + 12,000 + 28,600 + 2,000 + 1,250 = 17,650 Price elasticity of demand = ∂QD∂P×PQD ∂QD = change in quantity demanded, ∂P = change in price; P= price, QD = quantity demanded ∂QD∂P = -42 QD= 17,650 P= 500 Price elasticity of demand = -42 ×50017,650 = -1.1898 The above elasticity indicates that the product’s quantity demanded ...

Determination and interpretation of elasticities

Demand function, QD = -3,500 – 150P + 30A + 75PX + 10 Y P = 300 cents, A = $750, PX = 200 cents and Y = $10,000 QD = -3,500 – (150 × 300) + (30 × 750) + (75 × 200) + (10 × 10,000) = -3,500 – 45,000 + 22,500 + 15,000 + 100,000 = 89,000 units

Price elasticity of demand

Price elasticity of demand = ∂QD∂P × PQD

Change in quantity demanded/change in price, ∂QD∂P is the coefficient of price, P in the demand equation.

∂QD∂P = -150 QD = 89,000 P = 300 cents PED = -150 × 30089,000 = -0.5056 The above price elasticity of demand indicates that the quantity demanded of the low-calorie, microwavable food decreases by 0.5056% for every increase in price by one cent. The elasticity is less ...

Abstract

The aim of this paper is to examine and evaluate the sustainable event management of the Montreux Jazz Company. Conversely, the paper aims at giving a prompt and deceive report on the corporate social responsibility in line with the Montreux Jazz Company. The analysis raise the relevant questions on whether the event examined and evaluated is viable and sustainable using the government policy and the existing theoretical concepts. Furthermore, the analysis is examined using deceive concept on the design and methodology so as to come up with a critical discourse in the line with sustainable event management. The selection ...

What are the determinants of the Deadweight Loss?

Introduction The deadweight problem happens when the government through an attempt to increase their earnings from the goods in a country increases the taxation on them. It happens when they impose a certain amount of tax on certain commodities in the market and the end consumer as well as the producer in charge of the production process forced to lose the whole or part of their surplus. The loss they both suffer is the deadweight loss. The government has the right to earn some form of income from the trade activities within their borders. However, they also need to ...

Now the most advanced integration Union is the European Union, the main forerunner of which European economic community was created in 1957 by the Task that stands today in the EU during the agenda - formation and strengthening of economic, monetary and political Union of member countries. Integration in the EU affects almost all aspects of relations between member States of the European Union - politics, Economics, social and cultural sphere. The relevance of the study due to the importance and special role of tax harmonization in the framework of deepening European economic integration, the development of the unified ...

First Entry: My name is John Claude a thirty five years old male working as a Parish Priest of the First Estate. I have not married and I am not expected to marry because as a career priest I have vowed to abstain. We as the members of the First Estate believe that the Third Estate need to be taxed because they do not have power, they are in the lowest rank of the social scale and they consume significant resources. However, we cannot be taxed because people look at us for religious growth and education and we heavily ...

HMRC (Her Majesty’s Revenue and Customs) is a highly complex and large public service organization that resulted from the merger of HM Customs & Excise and Inland Revenue office in 2005. The British government depends on the HMRC organization to find several of their policies and wanted to implement lean to their taxation system. The revenue raised by the organization is in the form of taxation and it is used for funding the welfare state, armed services, healthcare, and other government spending areas (Beech & MacIntosh, 2012, p. 255). The new Department’s goal was to balance its three main ...

Engagement

Being one of the attendees to the Conference in Turkey, dubbed “Combating climate change, and the private sector” and hosted by the Turkey Industry and Business Association (TUSIAD). The topic for the conference is as mentioned above, and it had an array of issues to address about the political as well as the economic climate of the country (Moss et al. 750). Therefore, the paper involves a combination of the issues relating to the engagement and the research-based inferences relating to the effects of the climate change in Turkey to both business and political temperatures within the nation. It ...

The Autumn Statement is a traditional statement made by the government that serves as a financial report. It is the second made every year, with the first being the Spring Budget. It is given by the Chancellor of the Exchequer, who provides MPs with information about the United Kingdom’s taxation and spending (BBC, 2016). Traditionally, the Budget dealt primarily with taxation while the Statement focuses more on department allocation. The information and data used is compiled by the Office of Budget Responsibility, which publishes its information as soon as the chancellor finishes his/her speech. Last year’s Autumn ...

Government Actions in Markets

Figure 1 As a result of increasing the passenger movement tax on airlines, the equilibrium price P2 moves to new point P1. (P1>P2) The new quantity of flights is Q1. Therefore demand decreases, Q1 <Q2. Because of the increased prices some consumers denies to purchase tickets choosing other flight companies or using alternative ways of transportation. A tax that is imposed on sellers in fact creates a burden on consumers as well because of the fact that consumers will be forced to pay higher prices. It is clearly shows on the Figure1 that the revenue from sellers ...

Benefits and drawbacks of VAT

As a taxing system, VAT has been used globally since the 1950’s and it presents unique benefits and drawbacks in itself. First, VAT is beneficial in generating income for governments which is important to cover government expenses as Stiglitz and Rosengard, (2015) observe. Since VAT is vast and is imposed to most produced goods and services, most governments regard it as money production engine. Through this taxation system also, tax evasion is minimized. Consequentially, a reliable income source is achieved by governments. Through value added tax system, it is also possible to enter into regional protocols (Pomeranz, 2015). ...

The tax system is a crucial sector in the economy of a country because it will regulate the extent to which individuals and companies should pay taxes on the profits realized from any returns. Tax efficiency is the effort of the government through the taxation body to minimize tax liability hence, in the end, will translate into a better form of taxation. On the other hand, the equity of a tax system is the phenomenon of a taxing body to try to make it equitable for all people to pay a certain amount of money that will go into ...

References 6

The Relationship between Interest Rates and Exchange Rates in Australia 1.0 Introduction In macroeconomics, large scale market-wide factors are considered. Commonly, macroeconomic factors are considered in order to support decision-making, particularly for firms seeking to perform international business (Goodwin, Nelson, Harris, Torras & Roach, 2013). Two of the most important rates influencing decisions of international finance are the interest rate and the exchange rate (Terra, 2015). The interest rate is the percent cost to rent money, and the exchange rate is the value of one form of currency against another. Firms examining options with regard to how to invest money ...

There were a great number of grievances that the Founding Fathers had with The King of England, and these grievances were what led to The Colonies declaring independence from the crown. Not all of these grievances are equal, and some are more significant than others are. Of these grievances, the three most grievous were making judges dependent on his will, maintaining a military force against The Colonies and cutting off fair trade. The three least grievous were taxation without consent, taking citizens of The Colonies captive on the seas and preventing immigration to The Colonies by people from other ...

The first proposals of the European integration have been made at the Paris Conference in 1867. However, the practical realization of the idea of integration was not accomplished: the contradictions between the two countries were so deep that the awareness of the need to cooperate in the union went through two world wars and several local wars. Integration trends in Europe re-emerged immediately after the Second World War, when major European countries have realized that the restoration and development of national economies is the only possible way combining efforts and resources. Plan for the creation of the European Community ...

Institutional

A risk is defined as an uncertain condition or an event whose occurrence can cause a positive or an adverse effect on a project’s objectives. A risk can be either positive or negative in nature. A positive risk is considered as an advantageous opportunity for either an individual or a corporate entity; it involves replacement of the previous infrastructure with a new one (Lock, 2013). On the other hand, negative risks are the unwanted phenomenon that can cause the problems thus derailing the project. Looking into the problematic network infrastructure, which is problematic in certain areas of state ...

Introduction

Although all federal systems of government shares a three-level government system, consisting of the federal, state/provincial, and local governments, the functions of these governmental levels, particularly that of the local government, can vary widely as adopted in various federations around the world (Steytler, 2005), such as the United States, the United Kingdom, Canada, Australia, Germany, and South Africa, and as these government are transforming from the nation state into the market state (Treverton, 2005). Nevertheless, the constitutional allocation of powers to the three government levels plays a crucial role in the similarities and differences of their respective functions (Steytler, ...

A health system entails all programs, institutions, resources, procedures and personnel that are used by a country to meet the health needs of its citizens. The essence of a health system is to promote and restore the health of the population (WHO, 2014). Furthermore, an efficient health care system is always committed to the provision of quality care services to the citizens. According to Amce (2014), health systems vary from country to country. However, we have common elements like training of the physicians, robust funding, policies, health informatics and medical logistics. According to Kalisch (2014), the Australian health system ...

The Seven Years’ War eventually ended in favor of the British however it came at a tough price. War, in any case, is an expensive ordeal, even when if it were to occur in the 18th century. In order for England to finance the war, the country took huge loans from the British and Dutch banks. The amount of debt had surmounted to £75 million in the year 1754 to about £133 million in 1763 (“Milestones: 1750–1775”). In order to pay the banks back and ease the country’s financial burden, the British raised the taxes on its ...

Cosimo di Giovanni de Medici was given the title Pater Patriae of Italy at his death and was also known as the primus inter pares. He was the founder of the Medici dynasty, who were during the Renaissance the de facto rulers of Florence. Even though Cosimo Medici was a powerful man, he was not an official ruler. Medici’s government also consisted of a council who would many times resist the laws that Medici put forth. This paper will look at the accomplishments of Cosimo di Medici. Cosimo di Medici was born on the 10th of April, 1389 ...

[U.S Healthcare Systems HSC 301 02 - Online]

Healthcare Reflection Paper

The documentary shows countries throughout the world that have extensive medical coverage for all citizens at lower prices than what a typical U.S citizen would pay. The documentary shows that the U.S could fix their healthcare system if it could take the technology and services offered by some countries while reforming the insurance industry. The U.S has a user pay, market dominated system in which citizens are concerned about their privacy so adopting some of the best features of health care system from around the world may be difficult. Most governments ...

Final Assignment (Microeconomics)  

Consumer goods are products purchased to meet personal needs of consumers, family and household consumption. Consumer products with regard to the nature of consumption (the degree of durability) can be durable goods (i.e. used for a long time (cars, refrigerators, cell phones, furniture, TV sets)); and non-durable goods (i.e. consumed immediately (bread, cigarettes, drinks) or in divided doses (soap, toothpaste, washing powder), including disposable goods (once consumed) and services (the object of sale in the form of actions, benefits or satisfaction)) (Krugman and Wells, 2012). Consumer goods cannot be used for industrial production, since they do not have the ...

Introduction

It is important to acknowledge that the type of a retirement account one selects has a significant impact on their savings and other family investments. This is the reason many economists and sociologists places a major emphasis on the need to understand the difference that exists between IRA’s, 401(k)’s , Traditional IRA and Roth IRA. The understanding of these retirements accounts greatly influences an individual’s capacity to select the best account (Reichenstein, Stephen, and William, 73). Apart from understanding the differences between the retirement accounts mentioned, it is also crucial for individuals to have knowledge concerning ...

Currency is valueless, and it is all about the confidence of the people in it. Since the start of the economic crisis in 2007, the Federal Reserve has juxtapositionaly employed conventional and non-conventional monetary policies to caution the effects of such crisis on economic activities and stabilize the financial market. Price stability and maximum employment were necessary for the nation and the world that uses the US dollar as the standard. To achieve this, the Federal Reserve turned to Large Scale Asset Purchases. Although the ends of all the policies formulated are the same, ambiguity shrouds the means to ...

Question 1

The tax rate, in any taxation system, refers to the ratio according to which a person or business is taxed. There are several methods in which the tax rate can be presented, and one of these is the marginal tax rate, which can be described as the tax rate that demands that an individual should pay a specified amount for every additional dollar of income (Miller and Selden, 2013). It is, therefore, the tax percentage that is accorded to the last dollar that an individual earns. In 2013, the United States of America recorded a marginal federal income tax ...

Business Risk

This risk or uncertainty concerns that an organization may witness decline in profitability or might suffer from losses in any financial accounting period. Business risks originate from different uncertainties such as changes in consumer tastes, change in preferences and buying behavior, modifications to government policy as well as increase in intensity of competition etc. business risks also stem from those unforeseen or unexpected events that may cause a business to fail in future . Business risks are not just related to an organization as a whole. Different departments of an entity face numerous business risks that are unique to their ...

Short – Term Investing

Introduction A treasury bill or a T-Bill is a short-term maturing promissory note, usually lasting for three months to one year. Nyawata (2012) asserts that the federal or national governments are the ones that issue T-Bills as their primary instruments of regulating the supply of money within the national economy, as well as raising funds for various government projects through open market operations. The central banks of the respective countries are the ones responsible for issuing and paying on T-Bills. According to Thau (2000) T-bills do not have any form of explicit interest, but they sell at a discount ...

Question 1 (a) two examples of badly-behaved preferences about Economic Theory and Principles

The first badly behaved preference is a situation where an individual prefers inferior goods to superior products when indeed they are in the financial position where they can comfortably afford such goods. Some of the inferior products include some of the staple foods that are in existence. With an increase in income levels, individuals tend to shift to superior products. It would appear uncommon to stick to a product that naturally belongs to a lower class. In real life situations, when incomes increase, people tend to change their shopping malls and even the foods that they eat. Furthermore, they ...

Many Canadians are entering retirement without adequate savings. This in spite of statistics showing that the number of Canadians aged 65 years and older is higher than those aged below 14 years. A 2016 report by the Broadbent Institute shows that half of Canadian couples aged between 55 and 64 years have no employer pension between them. Out of those only less than 20% of middle-income families have saved money enough to supplement the benefits they expect to receive from the Canada/Quebec Pension Plan and the government. As such, the government has a role to play y using all ...

Acme Fireworks

A number of factors are to be considered when it comes to taking the decision of the most favorable business structure for a specific commercial venture. Given the situation of Acme Fireworks, the pros and cons that need to be weighed before deciding on the business structure include the offering of highest protection, the highest investment return, and the most favorable rates of taxes. When there is a need for liability consideration, along with needs of employment and huge contracts, the recommendation to Acme Corporation owner would be to amend his status from the present sole proprietorship to a ...

Business Organization

Business Organization The businesses are organized in diverse ways whereby, the form chosen influences the owners’ liability and the company treatment of the tax. The most common types of the business in the global are the proprietorship, partnerships, corporations, and limited liability companies. These forms of the business have different structures, the number of members and amount of capital. According to U. S Small Business Administration (n.d), the partnership is the best form of the firm. It is the form of the business where two partners agree to participate in business. Each party is expected to contribute money, skills, ...

The legal framework should be clear without any hidden taxes or unreasonable growth. Regime should be equally convenient both for business and for individuals. In addition, the amount of the tax should be minimized, particularly to support small business and entrepreneurship for which the burden is heaviest. Taxation may be an element of behavior management.

There are five main principles of taxation by Adam Smith:

Simplicity and stability of taxation; Minimizing / Evasion; Efficiency; Tax Competitiveness; Taxes change behavior (Econlib.org, 2016). The globalization of business means countries need to ensure competitive tax rates and more friendly to regulation with respect to the payer. The risk of competition is understated ...

[Author Name(s),First M. Last, Omit Titles, and Degrees] Economic development changes society in a manner that it becomes more and more difficult for the country to remain in the hands of a single man or a group of powerful elite. The change results to transforming the social and economic framework and then moving towards a changed attitude of the population in general. The primary concern of the countrymen is to achieve a commercial greater status and increase their wealth holdings. This changing scenario leads to people taking to skilled professions; they learn the importance of collective effort ...

Introduction

Challenges faced in terms of demography, provide Canada rationale to rely heavily on immigrants. The proportion of aging people in the total population of Canada is to increase, which coupled with the impact of shrinking population, is at the bottom of the gap between demand and supply of labor at the local level (Brown and Foot, 2015). However, immigration under the strong impact of growing trends of globalization comes in as an appropriate solution to this issue and ensures its contribution to the Canadian economy into various dimensions.

A Solution to Demographic Challenges

As discussed above, Canada is faced with severing demographic challenges threatening ...

Business Law

Business Law The most important aspect when launching a new business is to determine the type of business structure to be able to make the business a successful venture in view of the legal and tax implications that are part of the selected business structure. The six types of business structure shared on U.S. Small Business Administration (2016) website are as follows:

The most basic form of business type and is owned by one person, form a legal standpoint the business has no separate legal identity and the owner can be sued in their own name and the owner ...

Introduction

Jessops was founded in 1935 by Frank Jessop Simmons well known around the world for its broad expertise and experience in the photographic industry. While Jessop was a leader in the industry for many years, technological and market changes over the last few decades led to a significant decline in its sales and profitability. By early 2013, it stores closed and it stock ceased being traded. However, soon after this British entrepreneur Peter Jones invested millions of pounds into the business and reopen 36 of the Jessops stores (BBC News Online a). He hoped to turn the business around. ...

The Evolution of Economics, Economic Systems and Politics

The science of economics, starting with Adam Smith –the father of economics, is the total efforts for developing an understanding of the economic behaviors of the humans. The science of economics follows a development path in defining the economics. The first definition of the economics was based on the household management. Members of family specialize in completing some specific tasks. The specialization relies on the genders' traditional functions. This definition was developed by the philosophers in the ancient times before the Dark Age in Europe. Adam Smith developed this definition by creating a theoretical economic system which has the ...

Social policy

The skills provided by community colleges are paramount if we are to meet the threshold required for jobs in the future. These jobs will need an associate degree or more, rather than the current jobs that can be done even without the attainment of a college degree. These associate degrees have a credential of two years thus are less expensive and favor the young people from poor backgrounds (Brand & Xie, 2010). The aim of the free community college is to boost an individual’s income through a solid background in education. Given the declining rates of enrollments in colleges, ...

Arguably, the worst artificial famine in human history which was engineered for profit, the Great Bengal Famine of the 1770 occurred between 1769 and 1773. In the Bengali calendar however, the famine is documented as having taken place between 1176 and 1180. The Bengal famine’s scope was the lower Gangetic plains of India and so devastating was the famine that a documented 10 million people were reported to have died due to the famine. Consequentially, India’s population was significantly reduced to 30 million at the time. This manuscript will thus appraise this historical moment in the history ...

INVESTMENT ANALYSIS OF VIETNAM

INVESTMENT ANALYSIS OF VIETNAM

Summary

Vietnam has changed in the last thirty years from an agrarian country to a service and manufacture country leader in the world in growth and economic activity. The country has a communist system legally but, in the practice, the country has a liberal policy in the economy signing the Trans-Pacific Free Trade Agreement but maintaining the political control under the rule of one party. The country offers opportunities and risks for individual and corporation with the intention to invest.

Introduction

Vietnam is known in the world as the country where United States of America lost a ...

Importance of Entrepreneurial Activity to the UK Economy

Assignments 2 Introduction The constant growth and evolution of economic relations, both between countries and between entrepreneurs within a country, are requirements for the creation of new business forms. Entrepreneurship is an important, but not a sufficient factor in economic and social developments of countries (Waschik, Fisher and Prentice, 2010). However, if left uncontrolled by the state, entrepreneurship can become just as harmful as the administrative-command system in an economy. Entrepreneurship is essential for the development of a competitive economic environment; in order to give the final consumers the freedom of choice, but does not content with goods offered ...

The Name of Professor:

Introduction The main idea behind the mind of every investor is to achieve long- term growth of his or her business by serving a wider market to increase profitability. However, the existence of various factors such as competition and government regulations tends to impede the successful accomplishment of most investors’ goal. Besides, the efficiency of the strategies implemented by different investors constitutes fundamental hindrances to the realization of their long-term objectives. Therefore, efficient management is crucial to realize business expansion. Additionally, the consideration of other factors with a significant influence on the business environment is essential when formulating the ...

Fighting global poverty is one of the most important problems to be solved for mankind in our time. This issue is of great importance not only for developing countries, where the number of poor people is huge. The poverty of people around the world is also a challenge for developed countries, since, in spite of the inner well-being, these countries are also influenced by the negative consequences of ill-being in other countries. Everything in our world is interconnected, so, for the sake of human welfare as a whole and an individual, in particular, it is needed as soon as ...

International Production Strategies

The purpose of this paper is to discuss the emerging strategies of companies moving their facilities offshore and going more international with their strategies. What are the reasons behind this trend? Who are the companies following this strategy? Is it beneficial? We are going to discuss the answers to those questions in details. There are multiple factors that contribute in the decision making of moving facilities abroad; the major ones are lowering taxes paid, finding cheaper labor abroad and seeking less crowded markets for some industries. This provides a larger profit margin for the companies and open up new ...

Executive summary 3

Company Description 3 Strategic Focus and Plan The Service and its Value Proposition 4 Marketing Goals 4 Marketing Situation Strengths and Weaknesses 5 Opportunities and Threats 6 Market Strategy Overall Marketing Strategy 7 Market Needs 7 Target Markets 8 Marketing Mix (4 Ps) Product 8 Price 8 Promotion 9 Place 9 Conclusion and Recommendations 10 References 11 Appendix 1 13 Executive summary The following report discusses market strategies and marketing mix, developed by Ryanair, Ltd. The company at hand operates a broad network of low-fare airline routes that connect 186 airports in Europe, as well as Africa (Morocco). The ...

[Finance] [Why debt security yields vary] There are numerous circumstances that influence the earnings on debt securities and make them alter. The most important of them are:

Variances in term to maturity.

The factor of liquidity. An impact of taxation. Credit risk impacts the earnings on debt securities in the next way: the higher is the credit risk, the higher are yields accordingly. It is essential to take into account that credit rating organizations charge with a certain amount of fee for estimating credit risk. Moreover, the accuracy and oversight of such rating agencies are also to be considered as an important factor. How ...

1. United States v. Cesarini, 296 F.Supp. 3 (N.D. Ohio 1969), is a historical case that decided by United State District Court, the court ruled that property for treasure trove included in gross income for the tax year when realized. 2. § 1.74-1 Prizes and awards. b) Excluded from gross income. Section 74(b) it happens when such prize or award was made solely in recognition of achievements in the past of the recipient in religious, charitable, literary, educational, artistic, or civic fields (Arkin) 3. Yes. It's not common within the IRS, section 7430 of the Internal Revenue Code. IRC ...

It is an interesting aspect of history and that prior to the 16th century Europe and its various nations were merely a barbaric and insignificant periphery on the world stage. Great Asian powers dominated most of the known world, both militarily and economically. Following Columbus’s voyage in 1492, Europe slowly shifted to become the geographic, economic and military center of the entire world. In no small part due to its superior ships and superior seamanship, Europe was able to use its newfound capabilities to tap into the riches to be gained from both the New World and Asia. ...

Federal Taxation Paper Analysis

Section one – Summary of Article one: Taxation has been an important topic for researchers and policy makers as well and has been an important source of revenue for the government. In multiple courtiers, it has been a source of economic growth (Palomba, 2004). The aim of this assignment is to determine the two tax related articles and present the summary of those articles. This section presents the summary of the article “Effects of Income Tax Changes on Economic Growth” written by William H. Gale and Andrew A. Samwick in 2014. The paper analyzes the ways in which the imposition ...

Importance of Entrepreneurial Activity to the UK Economy

Introduction Constantly growing and developing economic relations, both between countries and between participants within a country, are prerequisites for the creation of new forms of business. Entrepreneurship is an important, but not the only factor in economic and social development of many countries (Waschik, Fisher and Prentice, 2010). However, uncontrolled, no adjustable (wild) business (without the supervision of the state) is just as harmful as the administrative-command system. Entrepreneurship is essential for the development of a competitive environment, in order the final consumer of products has the right to choose, but does not content with goods offered to him/her ...

Position Paper

Introduction The United States’ health care system has for a long time been operated and owned by the private sector. In fact, about fifty-eight percent of the community hospitals are accredited to the non-governmental organizations. An average of about 60-65 percent is accounted for from programs such as the Veterans Health Administration, Medicare, Children’s Health Insurance Program and Medicare. This has ensured a smooth functioning of the healthcare system especially when it is compared to the systems of different countries. According to the Migration Health Annual Report (2004), from the Institute of Medicine, it is evident that despite ...

Abstract

The opposite relationship that exists between socioeconomic status (SES) and inappropriate behaviors such as the use of tobacco, physical inactivity and unhealthy nutrition have been well illustrated empirically but entails various underlying mechanisms. These mechanisms have certain theoretical significance because inconsistency in health behaviors unlike imbalance in many other constituents of health, usually involve something more than the capacity to spend income in order to purchase good health. In addition, these behaviors have an attribute that in most times makes them of special desire. They commonly involve more than not having the ability to buy goods and services that ...

Mannella v. Commissioner, 132T.C, No 10 (April 13, 2009). In this case, Mrs. Manella found out that her husband had filed for tax returns but hide the mail from her. In so doing, the applicant was denied the right to receive what she rightfully deserved in the tax return process (Copeland). People v north 29 Cal.3d 509. The Defendant, Mr. North broke into the house of his girlfriend during the weekend as she was at her parents. When he was arraigned at the Califonia Supreme Court, the Defendant pleaded guilty to the charge of Second Degree Burglary. Loss of ...

Answer:  Item (2): Find and properly cite a published article by Lee Sheppard.

Answer: . The articleis about taxation, since Lee Sheppard focuses in financial matters and the taxation of international corporations. This article is inclusive of commentary on agreement issues, transmission pricing, European tax progresses, and pioneering financial subjects such as spin-offs, hybrid securities, and hedge reserves. Item (3): Find and properly cite a published article by Jasper (“Jack”) Cummings. Answer . This article scrutinizes the connection of the U.S Constitution and federal taxation going back to the initial years of the state. Quoting Supreme Court cases, author Jack Cummings categorizes and classifies the sentiments for maximum availability by physicians and others ...

Market Structure

In simple terms, market structure refers to the classification of the various types of markets, based on their unique features on how they allocate prices of a given product in the market. The aspect is primarily classified into two, which include perfect and imperfect market.

Oligopoly

Refers to a type of market structure where there are few sellers in a given economy with many buyers for the commodity. With oligopoly, the sellers have an influence on the commodity price in the market and can significantly affect competition. An example of a company to indicate the above case is the mobile ...

Increase Government Spending to Fight Recessions

Introduction Government spending as a recession recovery tool has been the subject of debate numerous times. To date, there is no definitive proof of its success or failure of its application. An active fiscal or a monetary policy is the sum total of the actions taken as a reaction to the current economic conditions; the government chooses to use a specific policy to deal with something in the economy (Mankiw, 2001).

Government spending as a method for lessening recession is a tool that has been proposed and even applied by many governments when they are experiencing a recession. This ...