In April, the excise tax on cigarettes in California increased from $0.87 to $2.00 per pack. The higher taxes were imposed in order to prevent people from smoking. Due to the increase in the excise tax, the retailers are experiencing challenges because of the decrease in the demand for cigarettes to about 50 percent. Not only the retailers who are selling the cigarettes are suffering, but also the tobacco companies are also suffering. Therefore, tobacco companies are sending out coupons to make…
The source illustrates the posterior of a giant man with a vest labelled “Corporate America.” In the pockets of his pants are two miniature men, presumably politicians based on their formal suit-and-tie appearance, holding two bags each with the symbol of money painted on them. On the left side, the words “DNC campaign chest” is written, whereas on the right side “GOP campaign chest” is strewn across the center of the pocket. The left side symbolizing the Democratic Party is reinforced by the…
from 3.036-4.176 APR. The property tax assessment ratios are around 4% and the mileage rate .100%, so If you wanted to find out the property tax on a residential property, you would multiply that the appraise value by the 4% tax ratio. In doing so, it will provide you with an assessed value that is multiply by the mileage rate to achieve your property tax estimate. For example, suppose you have an appraised value of 200,000 X 4%=800,000 X.100=800 for your property tax (South…
The Green Party is focused on making taxation fair, efficient and effective. A carbon tax would be charged on things that emit carbon dioxide, like gasoline, natural gas and coal. Pricing these emissions creates an incentive to reduce them. Overall, The Green Party is focused on widening the income gap and trying to increase the number of…
provision for income taxes. c.) Green Valleys total profit margin is the net income/revenue. Therefore the answer is 57,881/3,269,404 = 0.0177. This compared to Best Care of 0.0456 shows that their profit margin is not as high as Best Care. d.) Before tax profit margin = 0.0272. I feel that this would be better because it literally measures the expense associated with…
result of which is described as what Arthur Okun refers to as the “leaky bucket” of redistribution – as more income is redistributed through taxes and transfer, more income is lost (spilled) due to earning disincentives and other inefficiencies of tax and transfer. (Belkin, p.15). Some earning spill over from both ends so there is less overall earnings without redistribution. At some point we need to find the point where it doesn’t make financial sense to continue, there has to be constrain on…
A duty is a tax placed on transactions, goods or services. In this case, placed on the lumber itself along with the transactions completed surrounding the industry. These duties (rules) can be enforced by the law or a third partner in order to keep things fair between…
describing how a large scale human society has never achieved such a thing as not having rich people. Having said this, it is almost impossible to not have some sort of class that is wealthier than others. That is why equalitarians argue that we should tax the rich heavily to help the poor. His first argument shares a quote of a young student worker slaving away in the hot sun as a farmhand as his rich boss sits looking over all the workers in his air-conditioned car. Even though the workers in…
quiet, afraid that he will lash out at us if we speak. When we get home the wind has died down and my father goes out to the garden to pull weeds. Away from my father, my mother and I speak of the Stamp Act. My mother comments, “I just hate the way tax collectors are being assaulted, even killed! Even Mr.…
how tax payer’s money is spent is not only a good way to let the public know that their money is going to good use, but it would also help the fusion centers themselves figure out the best way to spend the money. So what I propose is that each state government takes charge of auditing their own fusion center. The reason for this is not only because the federal government does not want to do it, it is because each state is in a unique situation and this will cause spending of Americans tax…