Tobin tax

Is the penny really worth it? the penny has been on for centuries. it's actually really worth it since it balances advantages in countries . Even though people are just dispencing the penny, circulation must be corrected. the penny shouldn't be eliminated. Some advantages of having the penny helps the country. If we wouln't have the penny the government would need to "establish a system under which cash transaction would be rounded up or down"(source A). which means if we take it out a $10.34…

In Michael J. Sandel’s article “What Isn’t for Sale?” he introduces his argument that markets have taken over our lives. Which is a problem because now markets have no limits. There is no boundary between markets and morals. Markets can put anything for sale, and we (the consumers) have no choice but to buy it. Once he establishes his point of view on markets, he begins to talk about the precedents of markets and market values. Markets were god, and capitalism was successful. The Cold War ended…

Since the “Great Recession” more scholars have started to examine how economic insecurity and financial worry impact policy preferences. Yotam Margalit researched how policy preference changed as a result of personal economic circumstances. Margalit concluded that personal economic circumstance can change one’s opinion on welfare spending. For example, the study discovered that a “worsening personal economic standing has had a large impact on the attitudes of voters on the right and center, but…

limitations set by current government tax laws. The Roth IRA…

What is the "big fleece?" No, it's not an oversized blanket you wrap yourself in when it's cold. The big fleece is a term many in the financial world use when they're talking about the pundits and experts in the equity markets who continuously promote "buy and hold" investments for the long-term in your 401k, 403b, IRA and other retirement savings accounts. They fancy the notion that governments can continue to spend their way to prosperity, so deficits don't matter, as long as they create…

The overall theme of the Presidential Address was change and progress. Obama stated that changes were bound to happen, but it was up to the American people and Congress to make those changes progressive. He wanted to see more criminal justice reform, more gun control, more college affordability, and a cure for Cancer. Obama also made known his desire to stop climate change, to see America become more technologically advanced, and to make America a country of equal opportunities for all. Though…

I disagree with Singer that wealthy Americans have a moral responsibility to give money to charities. It is not the responsibility of wealthy Americans to donate large amounts of money to charities that help children. The wealthy Americans should not be told what to do with their money. Wealthy Americans put in the time and effort to earn the money and have the right to keep it all for themselves if the choose. Additionally, if wealthy Americans are supposed to give large portion of their income…

The Stamp Act was passed by the British Parliament on March 22, 1765. It gave taxes to all American Colonists and required them to pay tax on every piece of printed paper they used. The money they got from the taxes was used to help pay the costs of defending and protecting the American frontier. Many colonist were angry and everybody started having commotions about it. “Hey! Have you heard about the new law that just passed?” Davis asked, as he was drinking coffee. “No, what does it do?”…

Economic Issues: The Democratic party believe that tax cuts for middle class families will boost economic growth by increasing demand. They increase taxes on investments and large businesses which offset the tax cuts of the middle class. The Democratic party also tend to extend more benefits to low-income families such as food stamps, government assistance on medication, and shelter. Education: The Democratic Party wishes to make college tuition tax deductible. They believe that Charter…

For tax year 2000, US taxpayer J. Bryan Williams, who had an interest in and control over his two Swiss bank accounts, failed to mark “yes” to a tax return question regarding his existing foreign bank accounts, and did not file the Report of Foreign Bank and Financial Accounts (also known as “FBAR”) by June 30, 2001, deadline. The question that arose was whether Defendant J. Bryan Williams willfully failed to report his interest in his two Swiss bank accounts for the tax year 2000. Based upon…