In this essay, I argue that high levels of corruption lead to low levels of investments in the country which further lead to a crippled GDP overtime. Corruption also lead to reduced government fiscal funding by investors (lenders) and may result in increased taxes which may result in country instability overtime.
If asked what democracy is, many would claim that it is a “government by the
Secondly, it low down the growth in economy as it was just increased to 1.8% from 1% in 2002. In 2003 it increased to just 2.3 percent. By cutting the tax rates effected the government income but in the long run it was effective.
Regardless of all facts on taxes about the advantage and disadvantage, it is more practical if we include more opinions on how the nation handle taxes in this centuries. Due to there are different perspective in each of every people, some people may not prefer having tax money and more to keep all the earning to themselves, and half of the nation might agree on federal government is not fair due to the percentage that has given to the citizen. But however, there are also some people who cared more for their tax money because they still believe it can save the economy not to themselves.
First of all government will need money to do many things like pay for staffs and buy things for students to use. If we don't pay money for the government then we won't get the pay from the government so this meant we will be poor and sooner or later no one will have any money. This meant that we will have to pay higher taxes because government don't get any money from us.
A lot of hope reside on the upcoming government. Along with the expectations that Modi will change the landscape of the country, there also lies the obvious advantage of a majority government where the government will tend to less fractious and prone to disharmony thus facilitating quick introduction of reforms. This can be seen in the present context where Modi has announced a myriad number of development schemes to address the critical issues of the country. Some of them that are in the news are Swachh Bharat Abhiyan, Pradhan Mantri Jan Dhan Yojana, Make in India, labour reforms are so on. Even though the efforts are commendable, implementing the schemes to have the intended effect will be a big task in itself. We would like to go through some of these schemes to check whether they are holistic enough or address the underlying problems and the potential roadblocks in their effective implementation.
"The King himself ought not to be subject to man, but subject to God and the law, because the law makes him King”: Lord Chief Justice Coke quoting Bracton said in the case of Proclamations (1610) 77 ER 13521
A nation’s economy reflects that of its own business’s cycles, experiencing periods of expansions and recessions over time. Often when a recession effects are being felt for a particularly long period of time, government’s will change their fiscal policy to promote employment, income, and demand in hopes of moderating or even ending the recession. They create this jump start of income and demand by borrowing money against their own economy, spending more then what they are producing in federal income and taxes. This is known as deficit spending.
Attention Deficit Disorder with or without Hyperactivity (AD(H)D) continues to be a growing concern for parents and patients alike. AD(H)D creates difficulty in several areas of life, so treatment is often sought to ameliorate the troublesome symptoms. After receiving a diagnosis, patients are often recommended to take an effective type of medication that is classified as a ‘stimulant,’ as this treatment is often the most efficient. There is a growing concern about the effects to a patient that these drugs may have, as treatment can begin at early ages and continue through adulthood. The consequences of taking a medication, either long-term, short-term, positive, or negative, are important to both healthcare providers and patients. There is a lack of conclusive evidence that suggests any negative long-term effects from stimulants, thus these effects will be considered in lesser detail. This begs the question, do the short-term benefits of stimulants, namely Vyvanse and Adderall, used to treat Attention Deficit with or without Hyperactivity outweigh the potential costs? There will be an introductory statement of the disorder as well as the exploration of the effects of short-term stimulants on adults and children.
This can be used by the government to revitalize the economy and drive growth in the long run without impacting inflation. Secondly, it will act a warning shot to all the people with illegally acquired wealth to shut shop and start doing things the right way for it may not be worth to amass wealth again to lose it to a similar policy in the future. Third, it will put an end to the politician-bureaucrat-criminal nexus which thrives on black money. And last but not the least, the elimination of counterfeit currency has already dealt a heavy blow to terrorism (including Maoist violence) in the
In a live televised address at 20:00 (IST) on 8 November2016, Prime Minister of India Narendra Modi announced the demonetization. Modi announced that the currency notes of 500 and 1000 rupees would be invalid post midnight and that new 500 and 2000 notes of Mahatma Gandhi series would be issued and must be exchanged with the old ones. In the days that followed, there was intense shortage of cash throughout the country. People stood in long and tiring queues all day to exchange notes and few deaths were also reported.
Around 43.3 million non-native Americans live in the US today, a number that has quadrupled since 1965 (Nicholson). Since then, immigrants have had plenty of time to adjust to the American life both socially and economically. Despite the large number of foreign inhabitants, the subject of immigration and whether it should be supported has been a major controversy in today’s society, having many pros and cons. Though most people assuming that foreigners are more of a burden to the US economy than a convenience, evidence suggests that they aid the government more than one would think. Therefore, I believe that immigrants provide the US economy with more benefits than disadvantages because they start businesses, create new jobs, and fuel the economy.
Other than the expected results, few interesting changes has occurred due to this initiative. Like, barter system is making a comeback in rural India with the demonetization drive. According to the Wall Street Journal a trader in Orissa gave a kilo of potatoes and cauliflower in exchange for half a kilo of honey. Another interesting observation was people selling their old Rs 500 and Rs 1000 notes on eBay and OLX. You