Tobin tax

Question 4 Tobin tax is a tax on transactions in foreign currencies, currency trades that travel beyond borders. This tax is thought to “sober up” financial markets and limit short-term currency speculation, which makes up, according to estimates, 90 percent of all currency trade (page 142). In addition to its regulatory impact on financial flows, Tobin tax will bring additional funds ranging between $100 billion and $3000 billion annually worldwide. It’s to be thought that the tax will be managed by individual countries. The access revenue that will be collected can be used in emergency situations, as aid in developing countries and as international research funding that will work towards solving the continuous issue of climate change. Tobin…

During the 18th and 19th century, the United States was experiencing rapid expansion and growth. The purchases of a wide expanses of land, like the Louisiana Purchase, allowed for the territorial expansion of the United States. This allowed presidents after Thomas Jefferson, who spearheaded western expansion, to follow suit with the idea of expansionism.1 While many other treaties and purchases helped with America’s growth, other factors also played into American territorial expansion. The very…

It is popularly said that movies reflect life. Directors and writers of movie production usually aim to send some form of message to their audience that may be adhere to the political, social, economic, or moral aspects of modern life. Some of these movies directly refer to modern events and entangle them into the plot of the movie. This event or policy usually directly affects the main character. This is reflected in the movie Saw VI, directed by Kevin Greutert in 2009. Saw VI reflects a real…

It started off as an ordinary day for Griffin Walker. He woke up at 6 a.m. like every morning and went to work. Before he left he gave his wife, Jen, and three kids a goodbye kiss. Griffin and his family lived in a very wealthy neighborhood with security cameras surrounding it. When he came home that afternoon he flung the door open expecting for his kids to come running up to see him but, it didn’t happen. A heavy silence filled the air. Griffin walked into the kitchen and saw a puddle of blood…

the text book, Bill Clinton campaigned he would change welfare and end the frustrations many people felt towards the underprivileged and in 1996, President Clinton signed the personal Responsibility and Work Opportunity Reconciliation Act (PRWORA). According to welfareinfo.org one of the major changes to the benefits was the Welfare-to-Work initiative; this was a program requiring people who received financial help to work at a minimum of twenty hours a week. (Welfare Reform - Social Welfare…

Release the Green Marijuana is an herb mistaken for a drug and is looked upon as dangerous, when in fact it is anything but dangerous. Because of people’s ignorance and lack of knowledge within marijuana, it has become illegal for all the wrong reasons and should greatly be reconsidered for legalization. There is so much wrong being said about marijuana. However, legalizing marijuana would benefit the country in many ways, such as; taxing marijuana, healing sickness, and the reasoning is not…

Unfortunately, they can also be very confusing to the people paying them. With all the brackets and tax exceptions, filing taxes has grown into being more than the average citizen can handle on their own. The tax code is now up to 73,950 pages, and something needs done (Goodman). A switch a flat tax rate should be made by the United States. This would create a simpler and fairer tax system. A household would just owe a certain percentage of their income. Percentages that have suggested are…

In America, education is held to a high standard. Therefore, since America holds it to a high standard we are funded by our local taxpayers. Education and funding is probably one of the most taxed things in America. As seen in Freedom Writers, which takes place in a urban area in Los Angeles, Mrs. Erin Gruwell did not have the proper funding to give the proper education to her freshman students. The resources that she needed was not provided to her even if they did have some resources. If…

Save Taxpayers ' Money in the Correctional Education Program In a developed country like the US, every tax revenue should be used carefully and usefully to make sure that parts of the taxpayers ' efforts do not waste on unnecessary things. Thus, when President Obama decided to extend the Pell Grant Program, which provides student aids to eligible inmates to take college courses while in prison (Kerr, 2015), politicians and taxpayers split into two groups. The opposing group argued that the…

Of all of the presidential candidates running for president, Ted Cruz has the plan that will save America. America is in a state of turmoil with economic downturn and job loss to illegal immigrants, a broken tax system, and the threat of ISIS in Iraq and Syria. Barack Obama promised change in 2008, but no economic recovery has been evident, jobs have been continuously lost, and he has dismissed the threat of ISIS and saying that the U.S. “is making significant progress defeating them” (Riley 1)…