250,000 Tax Increase

Italian Tax Mores is a case study that follows the approach of increasing the tax revenue. The Italian tax approach feels they deserve more tax amount and the American banking system struggles to deal with a greedy Italian tax authorities. I will be explaining about the Italian taxes in regards to a Kantian approach based on ethical reasoning. The Kantian ethical theory calls for this course of action under the circumstances of forming a judgment about the case study using Kant’s three categorical imperatives. I will be formulating an argument based on why the American style tax system was morally correct, and how the Italian system needs to make changes to the new American banking system in Italy.

The pool cost the petitioner over $19,000, and we cannot accept his contention that such amount was spent primarily for therapy for his leg in view of the limited need for such therapy and the alternatives which were then available.

All parents have the same common goal of sending their children to college and receiving a higher level education. They sometimes cannot send their child to the college of their choice because the majority of American teenage students and their parents limit themselves to certain colleges and universities due to the high prices of those colleges or universities that they are trying to attend. The average tuition rate is rising 5% to 8% a year, (Kutner).

The worst thing I think America ever did is putting way too many taxes on the poor. One of my reasons is that the poor can’t afford a lot of things with taxes and if the poor buy something they also have to pay taxes, which will make everything more Expensive. My Second reason is that the government should make a rule for taxes based on the person's income. My Third reason is that because of the taxes the poor are getting poorer and the rich are getting richer. Those are my three reasons for why taxes on the poor is the worst thing America did.

Proposition 30 (prop 30 or SB11) is supported by the schools and local public safety protection Act of 2012. Prop 30 is a tax initiative led by California governor Jerry Brown. Prop 30 is aimed at reducing forecasted budget cuts to public schools also higher education, by increasing the California sales tax from 7.25% to 7.50%for the next four years. It also will create three new tax brackets for taxable incomes. Incomes exceeding $250,000, $300,000 and $500,000 will pay more in taxes for the next seven years. With the extra money being saved will go towards adding more classes for higher education students. Also to help reduce California’s state budget, prop 30 should raise $6 billion annually form raised taxes.

As every year goes by year price of various things seem to rise. Such as the price of food in fast food places and at the market place this is due to inflation and the raising of wages of workers. It is imperative to cap the minimum wage at a reasonable dollar amount in order for low skilled and unemployed workers to obtain and maintain employment.

The 2003 Bush Tax Reform was on the verge of expiring and congress recognized letting the Bush tax reform expire would represent a big mistake (Dye), for it could cause a huge damper in the United States economic, cause interest groups and the American people to chime in on a government official incapable of getting legislation passed to avoid suffrage of the American people. Congress debated back and forth over the issues of raising the top income tax rate marginal from 35 percent to 39.5 percent, unemployment compensation extension and real estate taxes.

A Health Savings Account (HSA) plan requires a high-deductible medical insurance policy, which means that the premiums on the policy will be less than for a low-deductible policy. The contributions to the HSA are deductible for AGI, which reduces the nondeductible amount of itemized deductions subject to certain limitations, and the taxpayer does not have to itemize to obtain the deduction. The HSA distributions pay for the deductible medical expenses and they are not included in gross income. Also, the income earned on the HSA is not included in gross income if it is used to pay medical expenses not covered by the high-deductible plan.

Elizabeth would recognize the gains received by the corporation and would be taxed at their marginal tax rate (IRC Section 351, n.d.).

What do you think happens when you lose your job? What if you were over fifty years old and only a few years before retirement? You don't get special treatment for all of your hard work until then. you get a call from The bank.you are infomed that you are late on your payments. To avoid losing your house that you have spent 15 or more years paying the loans, you get a job fast. You are now working two full time jobs to pay off the remaining loan and the extra charges because of being late on a few charges. You get home after an unbearable 12 hour day, which you have another 12 hour shift tomorrow, and see a car in your yard and a person with a suit and a notepad closely inspecting your house. You ask the person what's going on and they say

There are only a few ways a restaurant can manage a required wage increase and maintain profits. To stay in business, low earning restaurants like Waffle Now, would have to make all sorts of budget cuts. A lot will have to be lost in order to raise server wages.

College degrees are becoming ever more a standard in my industries, just to get into the door with certain companies. Even when degrees might not be required to get a decent job, marketing can take over and make you think that you need to get a college degree or you won’t land that dream job. Brill states that on the average, we are continually reminded, the earnings of college graduates are substantially higher than those who have obtained no more than a high school diploma. Almost everyone nowadays is feeling the pressure of keeping up. An unprecedented percentage of high school students (67.5%) are attending college at a great financial sacrifice to themselves and their families (1999). Brill also goes on to

The unattainable “American Dream” seems to be becoming even more of a fantasy as the rising costs of collegiate education deter many from pursuing higher education. Student loan debt is now creeping to an average of $30,000 and there appears to be no end to this rising number. Lower income families find themselves unable to send their children to college without a major financial impact. These kids who are hoping to get a degree of their own, to help support themselves and those they love, struggle to make ends meet as they pay off their loans. College expenses are far too expensive for students because scholarships lag behind tuition fees, the middle class struggles to receive the financial aid it needs, and universities in general believe that they can raise the price of tuition due to the increasing amount of government aid to education

The two organizations I will be focusing on throughout the course are two organizations I have actually donated to. The not-for-profit organization is the American Red Cross and the for-profit organization is Cancer Treatment Center of America. Being in the military and having a family member to have passed from cancer, these two organizations are dear to me and my family.

Today earning a college degree is becoming less and less affordable because of the excessive cost of higher education in the United States. According to the website www.usatoday.com the article called "Will tuition ever stop increasing?" Confirms that since the year 1978, college tuition and fees increased by 1,120% percent. The price has sky rocketed to the point where students are taking out massive amounts of student loans. The underlying issues that are boosting tuition in higher education are because of squandering funds and tuition on meaningless activities like sports. The lack of government funding that has led to an increase in student loans and ballooning of the non-academic staffs. These factors are playing a huge role on why our tuition and fees are so high in higher education.