Proportional tax

article does very little in presenting the other side of the argument. In one instance, the discussion is on the estate tax also known as the “death tax.” Proponents for the tax believe that “the government can legitimately tax inheritance to ensure equality of opportunity for its citizens” (Maynard, 2015, p. 147). However, those against believe that it is unfair to double tax the citizens (Maynard, 2015). It would be nice to read why it is unfair, and present valid reasoning to this…

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…

When looking at Classic Fixtures & Hardware Company’s financial statements there are many aspects that they could change to help them pay off their loan to Southwest National Bank. The first aspect would be Classic Fixture inventory amount. In 2008, each month their inventory amount kept increasing until June when it started to decrease. When looking at the reported information for home improvement and new construction industries and seeing that compared to the year before their numbers were…

is a foundation that ensure the nation security to billions of people- disabled person, Retired families, and deceased worker in the nation. About several million people pay Social Security taxes while other collect monthly benefits such as income tax. The way it works implies that the worker pays into the Social Security program and eventually money flows back as monthly benefits. Recently in the year of 2015, the full retirement averages around 2,000-2,700 dollars a month, yet the person must…

can’t let go of it, but most of the people can’t see the value of it. The penny is still the discussion of the year. The United States penny cost much more to produce then it is actually worth. The cost of a penny to make is $2.41, this comes out of tax payers pcket for the government to keep producing the penny, in alone $60.2 million in 2011 was spent…

The Fair Tax has three main goals within it: simplification, efficiency, and limitation of government (Fair Tax Article). If passed, would repeal the individual income tax, the alternative minimum tax, corporate and business income taxes, capital gains taxes, Social Security taxes, Medicare taxes, all other payroll taxes, the self-employment tax, estate taxes, and gift taxes.The Fair Tax would only tax new items at the retail level, meaning the sale of used or previously owned items would not be…

States have two years to spend each annual allotment before any excess funds are redistributed to states that have a financing shortfall—when projected CHIP expenditures exceed available funds to finance the program. States with a shortfall that have met an average enrollment target can also access funding from the Children’s Health Insurance Program Reauthorization Act (CHIPRA) child enrollment contingency fund (National Academy for State Health Policy, 2014) . Why is federal CHIP financing a…

Reg, To follow-up on our discussion from Friday, here are the specifics of the waiver conversation with Christina: The waiver will create a new program called AHCCCS CARE, which stands for Choice, Accountability, Responsibility and Engagement. AHCCCS CARE will apply to all able bodied adults. AHCCCS estimates this to be between 250,000 and 350,000 members and touches all of the current eligibility categories, e.g. Proposition 204, Restoration, Expansion, and traditional Medicaid. Also, members…

The Canadian and the American Economies are very different. The Canadian Economy is mostly a mixed economy. According to Webster's dictionary, this means that some companies are owned by the government and other companies are not. The American Economy is mainly a market economy which means prices are based on competition among private businesses and not controlled by a government. Many people believe that Canada and the U.S should have a common economic system with little government involvement…

Some authors have highlighted the significant benefits of relaxing the strict public/private division in order to facilitate privatisation. According to Abbott and Cohen (2014), the privatisation of numerous industries in Australia has enhanced economical efficiency, progressive regulatory reforms and technological development. In most cases, the improvement seen post privatisation, such as in the education and health industry, can be attributed to the reduction of government monopoly in the…