Increase Taxes: Article Analysis

California’s Tobacco Taxes Set To Skyrocket In 2017 In this article, Joey Connor explains that several important changes were made to cigarette and tobacco taxes in the state of California. He says that by April of this year, the tax rate for distribution of cigarettes in that state will on a pack of cigarettes will increase from $0.87 to $ 2.87. Individuals who proposed this increase argue that California has one of the lowest cigarette tax rates in the country. However, with this increase, the state will

domestic service employment taxes with collection of income taxes * 26

Review of two articles touching on the use of statistical analysis to help determine the future impact and creating more financial stability in their healthcare system. Finance ethics is more important than ever due to the importance of the conflicting fundamentals that most Americans want out of healthcare. The first article, The Ethics of Healthcare Reform, Issues in Emergency Medicine discusses those fundamentals and how cost containment can help the healthcare industry meet all four. The second

“Republicans Propose Deep Cuts In Individual And Corporate Tax Rates” Morning Edition with Mary Kelly This article reports the dialog of the conversations between Ms. Kelly and Republican Representative Dave Schweikert on the tax plan by the Trump administration. Democrats believe this plan will not be beneficial to the everyday American and instead benefit the wealthy, which is the opposite of Trumps said goal. Representative Schweikert worked on the tax plan and insist that the math does not add

NAME OF ARTICLE: Tax Cuts, Sold as Fuel for Growth, Widen Gap between Rich and Poor SOURCE OF ARTICLE: The New York Times DATE OF PUBLICATION: 3rd October 2017 Overview of the article: The article brings the information on board that tax cuts increase inequality. They lead to the widening of the gap between the poor and the rich thereby decreasing per capita income and regional balance. Lower taxes encourage the executive officials and top earners to increase their income through manipulation of

during elections, increasing or decreasing taxes. Increasing or decreasing taxes, without a doubt, affects the economy in some aspect.

1.0 Article Summary In February 2014, there was a 25% increase in the alcohol tax imposed in the Singaporean market. In the article, “Booze sales rebound as impact of tax hide fades.” Written by Marissa Lee, Lee discusses that despite the initial decrease in demand for alcohol, it was short-lived and the demand for alcohol rose soon after the implementation of the increase in tax. Lee examines the government intervention in Singapore, and furthermore explores the reason as to why consumers are not

Since the informal sector is believed to make a great contribution to an economy, there are a number of research papers which have been done in this sector. Some research has been done in relation to small-business participation in the informal sector. A prime example is from Trinidad and Tobago, considered as an emerging economy, whereby people have the perception of avoiding tax while performing their business and is the reason why people engage in the informal sector. The focus is on socioeconomic

immediately, but will certainly offer a long-term benefit. The impact of the state-wide tax increase will be felt within one year of being implemented. Senator Chris McDaniel states in Tom Loftus, (2017) article that, “it’s going to be about 10 percent tax increase for all Kentuckians . . . ” (pg. 2) which would pay off the current deficit. However, he does not offer a time

“carbon tax”. These carbon taxes would be directed towards the sources of greenhouse gas emissions. Recently, British Columbia, Canada enacted a carbon tax, it has some strengths and weaknesses, the due has an effect on the economy, it also needs to be at a certain rate, it has been successful and unsuccessful, the tax is also has aspects of being revenue neutral and revenue recycling. A carbon tax as an idea for the reduction of hurtful greenhouse gasses is a brilliant one. Taxes like this provide a disincentive