Consumption tax

population has a love of soda. They also have an obesity epidemic and a rising rate of obesity related diseases. Many city politicians have attempted to pass a tax on sugar-sweetened beverages in an effort to decrease consumption. However, a soda tax has met with opposition by consumers, some politicians, and the soft drink industry. The tax proposal continues to come up for debate by city officials and public health experts as the nation attempts to decrease empty carbohydrate intake, improve…

to Americans today on whether there should be a large sugar tax placed on sugar consumption in the United States. There is no doubt that high doses and high consumption of these sugary drinks are damaging to the health and something at a national level can be done to possibly deter or lessen the consumption of these sugary foods and drinks would benefit Americans and their health long term (Will a sugar tax actually work). A universal tax on sugar would have the largest positive result since so…

Group: GPA4.0 (Jian Zhao, Li He, Mengying Wang, Lili Lin, Shuqian Yang, Haoyu Gu, Lijie He, Jinchen Hu, Yuanbo Lin) Charity-Joy Acchiardo ECON 340 October 12, 2015 Policy Proposal: Tax Reform Package in Japan Japan has remained in an extended period of stagnation for over a decade, since 1992, leading to a massive drop in per capita income. Consequently, the economy that stood to threaten the global markets in competition developed fragile pillars that affected the course of investments in the…

Benefits of Increased Cigarette Tax With the increased politicization of the united states, there has been a renewed emphasis on discussions of taxes and public health. Americans have high demands on lowering taxes, but once it comes to taxes on cigarettes opinions vary. There have been many arguments when it comes to the tax on cigarettes stating that the tax would make the American economy suffer with lowering the demand on cigarettes due to the high prices, making the poor suffer due to use…

but if there is one lesson to take from America’s history, it is that taxation (or a mechanism to raise revenue in general) is vital to a healthy and functioning government. It is a necessary evil. Even though taxation may be necessary, the income tax…

don’t pay a personal income tax. Taxes reinforce inequality, as the state end up taxing the poor far more heavily than other classes. The idea that the absence of an income tax makes Texas better able to attract business, create jobs and keep young workers from moving to other states might be true but this system is creating a tax burden on poor and middle-income Texans. The Lone Star State depends on a state sales tax, and local jurisdictions collect additional sales tax and property taxes to…

by each government has highly affected the operations of any organization and no one has any exception. For example, the duty tax imposes by government may affect the revenue generating structure of each organization. The higher the tax charge by the government imply that the higher the revenue will be lost. There have other political factors such as fiscal policies, tax obligations, and trade tariff that collected by the government may affect QSR business environment. Besides that, marketer’s…

the campaigns to pass the tax were used to a significant proportion in payment of media coverage and campaign consultants (State of California, 2014). The Berkeley vs Big Soda webpage reflects the efforts made through print and electronic types of media formats, through rallies and even venturing door to door that aimed to generate the awareness of the people in Berkeley to vote yes for the tax. A 50% vote was needed but over two thirds of the voters said yes to the tax (Berkeley vs. Big Soda,…

If the compensated elasticity of supply of labor is zero, then a tax on labor earnings will have zero excess burden. 16. Lump-sum taxes do not prevent prices from equaling the marginal social cost and benefit of any goods and services. 17. Lump-sum taxes can vary in amount based on income level. 18. A lump-sum tax can distort prices and affect consumption behavior. Multiple Choice Questions 1. A lump-sum tax: a. distorts market prices so that they do not simultaneously equal…

Executive chef and public health advocate, Mark Britton, writes a compelling essay as a guest columnist for New York Times in which he proposes a strategy to encourage Americans to consume more healthy foods and decrease consumption of unhealthy foods. Essentially, he argues that one of the best ways to motivate Americans and change their unhealthy diets is to hit them where it hurts the most—their wallets! Not only does this article target the American people, but the government as well.…