Excise

1. Introduction In recent years, smoking among the youth has garnered much attention in the academic and scientific discourse. Research and evidence show that majority of the smoking population begin smoking before reaching adulthood, implying the necessity of early onset prevention in limiting its widespread incidence. This desire to reduce the supply and demand of cigarettes is motivated by the health hazards and threats to social welfare that the habit inflicts, which can fundamentally…

Dilated cardiomyopathy is a disease of the heart muscle that result in weakened construction of an organ and poor blood pumping ability. The disease progresses the heart is getting bigger than a normal, one or more valves may leak. Both the upper and lower heart chambers become enlarged with DCM, but one side is more severely affected. In most case the left-side is exaggerated primarily. The left ventricle is more muscular than right-sided. Moreover, the left ventricle receives freshly…

Federalism is a system of government where territory is controlled by two levels of government. The best examples of federalism are the United States, Canada, and India, but why would they choose this form of government over others? Federalism’s two levels of government are: national and state government. It’s because the national government handles the issues of the entire country, while the smaller political subdivisions, or state government, handle the local concerns of the people, or the…

Introduction Multistate taxation typically occurs when corporations do business activities in more than one state. Due to the activity in multiple states, the states need to incur the taxes towards that company. In order to understand multistate taxation, we must first understand the role of sales and use tax. After defining the purpose and background information of sales and use tax, it will set up a course to explain nexus and the relationship with multistate taxation. Corporations have to…

“Congress shall have the power to lay and collect taxes, duties, imposts and excises to pay debt for the common defense and the general welfare of the United States, but all duties imports and excises uniform throughout the United States.” Congress doesn’t have the power to control taxes. Congress also doesn’t have the power to control commerce laws. The year is 1781 is it okay for Congress to have any power? If you look back in history at the year 1781 the thirteen colonies created the…

The Articles of Confederation were revised by the constitutional convention, in order to efficiently run a strong national government. The delegates added principles originating from the Virginia plan and the Great Compromise. The framers created the constitution with the ideals of the people in mind. Although Anti-federalist opposed the constitution in The Federalist Papers, they agreed to include a Bill of rights. After the revision, one of the greatest successes was the creation of the…

Settlers in the American backcountry often protested to express the grievances with the Federal Government and the regulations and policies they set in place. Taxes of goods and crops were the root for the Whiskey and Shay Rebellions. The Shay Rebellion raised awareness for the need of s a stronger central government. Referring to the Shay Rebellion, historian Leonard L. Richards quotes, "fundamentally altering the course of U.S. history." Farmers in Massachusetts in 1786 were fed up with the…

In the 1790s, Thomas Jefferson, who supported a solid state and local government, helped establish the Democratic-Republican Party along with James Madison to restrict Hamilton's Federalist Party, which upheld for a powerful national government with expansive controls over the economy. After his election in 1801, Thomas Jefferson, to a large extent, altered his earlier philosophy as he took upon Federalist actions by purchasing Louisiana, passing the Embargo Act and going to war with the Barbary…

Nazi Germany, back in the early 1900s, was believed to be a paragon society. Much like the United States today, it was believed by the German people to be the pinnacle of human achievement and togetherness. By use of charisma and powerful speaking, the Nazi regime rose to power after promising many things that ultimately they would never be able to deliver on. After assuming command, the man in power began to show his true colors, and by then it was too late. Too much dismay, there are too…

imposed sales tax on sugar drinks in 2010, and health conditions related to sugar consumption is still a rising issues shows that consumers have accepted the taxes. Another solution would be to raise the actual cost of sugar drinks, also known as excise taxes. Excise taxes are “another taxing mechanism that can be used to increase the cost of sugar drinks and generate revenue for public health initiatives.” This form of taxing serves as an effective initiative because it makes all parties…