Consumption tax

The 2016 presidential election has to be the most controversial election in American history. For many years’ elections were based off pride and respect not hatred and jokes. For the first time in history, we have a business man such as, Donald Trump and Hillary Clinton the first woman nominee running for president. Both candidates have weaknesses when it comes to their political ideology, but they represent Americas two major political parties. With most media coverage going to the Republican…

Junk South Africa South Africa 's government bond yields have risen to their highest levels in almost five years as worries grow that the rating agencies could bar the country 's to junk status(-BBB) (Frankel, 2005), this is due to the ongoing drought, civil service wage increase and most of all corruption (Chand, 1999). South Africa’s economic growth has been slowing down and yet the finance mister Pravin Gordhan reduced deficit by cutting down government which means a further GDP slowdown…

that is causing difficulties in creating a solution and public understanding. Social Security is NOT an actuarial pension system! It is a recirculation-tax and transfer system. SSI takes from the workers making about $118,500 or less (this figure goes up every year) and their employers match this amount. This pay roll tax is a regressive tax, not a progressive one. Therefore, this payroll revenue should not be in a separate box. The revenue should be within the overall budget and collected…

need to pay is called impostasulredditodellepersonefisiche, or IRPEF. Tax rates increase and vary from 23% to 43%. There are additional taxes levied at the regional (0.9% to 1.4%) and local (0.1% to 0.8%) levels. If you are a non-resident in Italy then you will be taxed only on the income earned on the Italian soil. For income tax purposes, expatriates will be considered as resident of Italy as they spend great amount of their tax period in Italy i.e. more than 183 days in a calendar year and…

revenue of health care coverage for approximately 96% of its entire population. France spends roughly 11 percent of its GDP on health care. As Italy 's healthcare system is highly decentralized and financed through regional and national taxation (consumptions tax), the system is fragmented. That is, the taxed participants, geographically based would likely generate more revenue in high-income communities than in low-income areas. In Italy, each region has autonomy over their budgets and is held…

Economy… what is Economy? Economy is the wealth and resources of a country or region, especially in terms of the engenderment and consumption of goods and accommoda- tions. Canada in WW1 had a huge dent in its economy and had to pay off a lot of debt and loans. Like most different soldiers in 1914, Canadians anticipated that the war would be short, successful, and moderately reasonable. They were wrong. Today, Canada has a more stable economy then back in WW1, but how they got this stable…

investments and growth has been thoroughly debated in the political and academic circles. The supporters of tax cuts argue that reducing tax rates favor economic growth by creating incentives to save, invest, and work. Several years back, the Canadian government imposed a tax measure that reduced the GST by 2%. The measure was rationally accepted by the general public as well as some policy observers. The tax measure triggered hot debates that were meant to determine the significance of the GST…

Mary Jane. Pot. Weed. Grass. Cannabis. Whatever you call it, marijuana is quickly becoming one of the most controversial topics in our country, or at the very least our state. It is also the main topic of one of the most important propositions we will be voting for this coming November, Proposition 64, otherwise known as the Adult Use of Marijuana Act. This act aims to make it so that the drug commonly referred to as marijuana becomes legal for recreational use in addition to its already legal…

National Health Service automatically approved any medicine that gave 6 months of good quality life and cost less 10,000 pounds or $15,150. Higher cost medicines that might have the same effects would have a lower chance of getting approved for public consumption. This system could not have any negative side-effects to a point. If a more expensive medicine gave the most successful results and was the only medicine that could really cure a dangerous disease, but the government decided not to…

approximately 1.3 billion dollars. (Flister, L. 2012). The legalization of marihuana would pull Canada out of a deficit, and lead to a surplus in a very short amount of time. It is estimated, “The consumption of marijuana in Canada is approximately 160,000 kilograms per annum, meaning that the suggested tax scheme would produce revenues of about $2 billion. This factor alone, is something the Canadian government should be taking into strong consideration. The key to a successful term in…