Progressive tax

$13 thousand paid to all Americans over 21 would cost approximately $3 trillion annually (“QuickFacts United States”). By eliminating current welfare programs, the federal government would save $2.294 trillion (“Policy Basics: Where Do Our Federal Tax Dollars Go?”). While this still leaves a deficit, US GDP, and by extension government revenue, is projected by OECD Data to increase at an annual rate around 2.5 percent while the population is only expected to grow at about eight tenths of a…

The Book 4 by Aristotle. This book talks about Liberality, Prodigality, Meanness, the passage explains each of this concept and how they relate in each person. He also explains hoe each of this concept affects the personality of each individual. Each person has a different meaning of each of this words and how they view them. Liberality, Prodigality, Meanness, are view differently in each person sometimes because of believes, self-prospective or the environment. The first paragraph of this book…

Doing so will open up your IRA to current tax liabilities, such as the unrelated business income tax, since the IRS considers income that results in debt in an IRA as business income instead of investment income, profoundly diminishing your tax benefits with the IRA. You Are Not Taking Advantage of Tax Strategies Outside the Self-Directed IRA As the most tax-favored asset class, real estate can offer a ton of tax-reducing potential benefits that can have an immediate and positive…

The Wild West of Ticketing is ridiculous. An investigation into the law enforcement agency in Ferguson, Missouri, found incriminating evidence that show law official’s taking purposely taking money out of low-income people as well as poor people pockets “disproportionally African Americans-to put into court and city coffers”(Bingham, et. al). Traffic Camera Best Practices Best Practice One Brennan Center for justice at New York University School of Law identified five essential recommendations…

The source illustrates the posterior of a giant man with a vest labelled “Corporate America.” In the pockets of his pants are two miniature men, presumably politicians based on their formal suit-and-tie appearance, holding two bags each with the symbol of money painted on them. On the left side, the words “DNC campaign chest” is written, whereas on the right side “GOP campaign chest” is strewn across the center of the pocket. The left side symbolizing the Democratic Party is reinforced by the…

Topic #1: Introduction to Capital Gains Question #1: What are the potential positive tax implications for transactions that qualify for capital gains treatment? Answer: If a taxpayer's transactions are deemed to be capital in nature, then a tax benefit may be present. Specifically, capital gains that are long-term in nature are subject to the preferential capital gains tax rate. In order for transactions gain to be listed as long term, typically the seller had to hold the asset for more than…

Housing Supply/Demand The City of St. Johns housing market is presently experiencing limited supply while demand has remained steady. The limited supply is caused by the lack of new housing development within the previous decade. The steady demand is due to the City of St. Johns housing affordability and stable regional employment opportunities created by the city’s close proximity to Lansing, the state capitol of Michigan. This limited supply and steady demand has resulted in the City of St…

one of the effective ways to control the mortgage companies, financial institutions and banks that have been targeting the middle class and exploiting them beyond imaginable levels. These institutions primarily achieve this goal through the unfair tax policies as well as other additional fees for the services…

minimum wage should increase. He thinks the minimum wage should be abolished. Rubio has faith in the innovative leaders in the private sector will not only create millions of jobs, they will create millions of high paying jobs. He believes that with tax breaks…

Over the period 1980 to the early 2000 Canadians have seen drastic change to numerous universal policies that many benefited from during the peak of the welfare state. With dramatic changes to programs such as Uneployment insurance and the eventual diminishing of other policies Canadians are left with a welfare state that drastically differs the one from the 1970's. Many of these changes to social policies were done by a means of stealth. That is to say that claims of overspending by the public…