Proportional tax

Despite being born into poverty with a mother who worked multiple jobs in order to get by, Ben Carson worked hard to get into Yale University and to later become a successful neurosurgeon. His perseverance has helped him get to where he is today as one of the main candidates in the 2016 presidential election. Ben Carson can help America by being a president unconcerned about being reelected or politically correct, yet he will be a president who will work towards actually helping preserve America…

We all have that one activity we love to do. It is something used to take our minds off the stress of the day; it is our escape. However, there comes a time when this activity becomes more than a hobby and under US tax laws and regulations is considered a business. But, how can you tell if what you’re doing is no longer a hobby, but a business instead? As defined by the Internal Revenue Services, IRS, a hobby is an activity not executed with the hopes of making a profit. To determine the…

Taxes are an integral part of any economy. As a responsible Bronx Tax Payer, you are supposed to pay your taxes and file your returns on time. While these are important exercises, most people consider this to be a formality or a burden hence do not understand the intricacies of the process and things related to it. Did you know that as a tax payer, there are certain rights that you have? Paying taxes is not only a duty but it also comes with some benefits and rights that you as a responsible…

different perceptions of a prefilled tax return system. The proposed study will explore the various perspectives of a range of U.S. taxpayers towards the adoption of a prefilled tax return system for individual taxes. The prefilled tax return system is becoming a global phenomenon, mandated for use in various countries around the world, including Sweden, Denmark, and France (OECD, 2010). Further, on a subnational level, California currently employs a prefilled tax return system called the…

major US tax reform was actually thirty years ago in 1986. In the span of time between then and now, minor changes and reforms have piled up to create one giant mess of a tax code. “American taxes have grown in complexity, with the U.S. tax code now containing nearly 4 million words that sanction over $1 trillion annually in lost revenue through various tax breaks and loopholes. Meanwhile, the U.S. has fallen behind other countries in competitiveness with the highest statutory corporate tax rate…

Farmers will pay an additional tax each year to help with the funding of the CWP. The taxed amount will be determined upon the number of immigra not agree with the tax, if they are in need of the additional help then the tax is necessary. Other similar programs, such as, the Guest Worker Program make the farmers pay fees but the workers are temporary. With the Citizenship Works…

These serious issues came with bond face, including the fact that the amount of defense and healthcare spending was great, that the Americans are actually paying less portion of their income in tax than other…

THE CASE On a rainy Thursday evening, as Mr. Pramod Kumar, the AGM-Industrial Relations-TATA Motors, was sipping his cup of tea, he had some unexpected visitors. A five-minute meeting with the visitors turned Mr. Kumar’s day on its head. Ramdas Soren, the local MLA of JMM (Jharkhand Mukti Morcha) in 2013 along with Santosh, the leader of the contract labour union in TATA Motors affiliated to JMM threatened to go on an indefinite strike if their demands remained unmet. Considering the seriousness…

American politics depend particularly on money to create action and accomplish what is needed. There are many actors in American politics, however money effects the way interest groups and members of Congress operate. Interest groups and members of Congress are similar due to the fact that they both use money to finance campaigns and accept financial contributions. Interest groups are a collection of individuals with a shared knowledge, status, and ideology that advocate for particular…

There are several advantages and disadvantages of renting versus owning a home. Also, compared to renting, owning or purchasing a home involves a title search. Siegal and Yacht (2009) listed four general advantages and four disadvantages of renting a home as well as six advantages and four disadvantages of owning a home. The first advantage that comes to my mind when renting a home is increased mobility. This occurs because renting a home is accompanied by a housing contract or rental or lease…