Regressive tax

introduction of carbon tax in Canada is very controversial, with many disagreements between federal and provincial leaders, as it does affect every inhabitant. The purpose of the carbon tax is to make people reconsider their contributions to harming the environment, by affecting what they care about: money. Putting a price on fossil fuel usage progresses the country in a variety of aspects, but more importantly, the environment. British Columbia and Alberta are already using the carbon tax…

He stated that his plan was 3 times the amount of tax relief than that of McCain’s. McCain had other plans as he wanted to have a tax system. He wanted to have taxes on health care which would in the long run, cause people to who are of the lower class to get health care because it would be worth more. In Hillary v. Donald, they had very different…

Tax cuts played an important role in stimulating economic growth. In the fiscal stimulus package, the government temporarily reduced taxes with a sales tax holiday, tax credits on income and housing taxes, permanently extending the alternative minimum tax, making dividend and capital gains tax cuts, and cutting the corporate tax rate. Since declines in housing prices made people feel less wealthy and thus unwilling to spend, the government provided tax rebates. 29% of total individuals and…

money in the capital play a huge role in creating the Bubble and pushing up house prices to unrealistic levels, especially in central London. However, London’s Chancellor has targeted the wealthy foreigners and has planned on putting an inheritance tax from 2017 for those…

In order to address and improve the fiscal situation, the President of the United States Barack Obama created a commission to identify policies to improve the situation in the medium term, and to achieve sustainability over the long run. This National Commission on Fiscal Responsibility and Reform (often called Simpson-Bowles or Bowles-Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) came up with a draft of their lists of recommendations on how to reduce the budget…

The “Teen Mom” star Farrah Abraham is back once again and this time she has put her DNA up for sale. Farrah partnered with a website called CelebrityGene.com for selling her DNA in the form of $99 per bottle and can be worn around the necks, according to a report by TMZ. That means if you have ever thought of wearing Farrah Abraham’s DNA around your neck like Angelina Jolie or Billy Bob Thronton’s vial of blood, then your wish has finally comes true! Celebrity Gene is a website that sells…

in their philosophies and ideals. Conservative leaning believe taxes shouldn't be increased for anyone (including the wealthy) and that wages should be set by the free market. Liberal leaning to minimum wages and progressive taxation, i.e., higher tax rates for higher income brackets.…

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 government is providing a sustainable, and prosperous…

Even if the current study is directed to the Macroeconomics Principle, it inevitably involves political connotations, governments or certain government agencies having a duty to involve in conducting monetary policy toward a financial stimulus of the economy. Basically, the politics is a very delicate and very complicated subject, but at the same time I suspect it is very simple as long as the political issues and issues are debated by all the social categories of the population, which is why I…

your home is to take the square footage times the value per square foot. For example: $100.00 to $150.00. (1,800 sq. ft. x $150 = $ 270,000.00) You can also look online at the value of houses in your neighborhood, call a realtor, or look at the tax or appraisal value from the county.…