Tobin tax

writing an article to persuade your audience on a specific idea or topic, it is important to be very direct about what it is you are trying to persuade, leave out fallacies, and also have excellent credibility. Based on the two articles about adding a tax on sugary drinks or not, the article “Soda Taxes Fall Flat: Our View” by USA Today Editorial Board, is stronger than the article by Jim Krieger. I will first give you a short overview of each article and then inform you about details of why the…

The Federal Communications Commission (FCC) adopted a set of rules that would make sure the internet would remain an open and free place. This issue was sparked up when it was discovered that Internet Broadband Providers (ISPs) had the ability to manipulate data as they saw fit for their own profit. In order to uphold the policies that help keep the average person’s data out of their ISP’s hands, a presidential candidate who supports net neutrality must be elected. Bernie Sanders is the best…

I do not agree with the Assembly of First Nations (AFN) request to make all indigenous languages spoken in Canada declared an official language. “Perry Bellegarde, who was elected National Chief of the AFN last fall, agrees it would not be easy to require translations of all indigenous languages to be printed on the sides of cereal boxes and milk cartons”. This quote from the second article points out the major fact that if we were to make over sixty languages official in Canada, every…

states must have balanced budgets. The one state that is exempt is Vermont. In most states, there is a general fund budget and a non-general fund, which state policymakers must balance. The most significant fund is the general fund where the State tax collections reside. Federal grants, reimbursements, public hospital collections, and motor fuel taxes are in the non-general fund (Ncsl.org, 2010). In most states, the governor’s proposed budget or the enacted budget must be balanced as a…

According to the Justin Fox, he assures that money has been the only thing measuring the nation’s success. In his article, “Economics of Well-being,” he mentions that GNP and GDP has been the country’s sensation, especially to the wealthy people. Fox even mentions that because of the situation GNP or GDP should now be titled, GNH, “Gross National Happiness.” An Englishman, Jeremy Bentham, during the Enlightenment, came up with a philosophy that “assessed the merits of an action according to how…

Cohan v. Commissioner of Internal Revenue Issue Gregory Cohan, the plaintiff, petitioned the U.S. Court of Appeals to review the decision of the Board of Tax Appeals regarding how he treated the loan to his partner on his income taxes and the disallowance of his travel expenses associated with his theater business. Facts Gregory Cohan, the taxpayer, was a theatrical manager and producer who was partner with Harris. The earnings were divided amongst the family, each child receiving a quarter…

On March 22 , 1765 an act was passed by the British Parliament, forcing colonists to pay a tax on every piece of paper they bought, including things such as playing cards. It was common for peasants to be taxed without their consent, but the wealthy landowners of the colonies were not used to this. They were outraged and felt as though they were being looked down on. The British government had decided to tax them because…

The Stamp Act was a harsh and disappointing event in history. No matter what, on every single piece of printed paper, it required a tax fee. From licenses, legal documents, newspapers, and several more. The British Parliament passed the Stamp Act on March 22, 1765. The reason taxes were put into action was to pay the costs of defense and protection against the American Frontier close to the Appalachian Mountains. At the time, 10,000 troops were stationed. Even though the colonists constantly…

distribution from an S-Corp is first treated as a return of stock basis or out of the S-Corp’s Accumulated Adjustment Account which both ultimately receives tax-free treatment. As provided by §1367(a)(1), income earned by an S-Corp increases the shareholders' basis in the corporation's stock, and a distribution from those earnings is treated as a tax-free reduction of the shareholders’ previously increased stock basis under §1368. Due to this advantageous treatment provided to S-Corps, it…

In 2009 Barack Hussein Obama was inaugurated as president and he became the first african american and first president to be born outside of U.S and in his first year as president he won the Nobel peace prize which showed that he was destined for greatness as president. Many people will say that Obama has done nothing in his 8 years in office but this essay will argue that during Obama`s eight years in office he has had a great impact on America and the world. Obama helped america and the world…