Oregon Initiative Case Study

In chapter 10 of Lone Star Tarnished, the author, Cal Jillson explores the development of the state of Texas’ tax policy. He explains that over about the last three decades there have been some major challenges develop involving the state tax revenue including the fact that it is dramatically declining. It is also mentioned that with the Texas Republican Party being the majority party in the state, with no change in site, having implemented the ideology of no new taxes, that any proposed solutions to adjust the state tax policy will probably be rejected. Jillson does however offer some solutions that could resolve some of the issues with the tax policy in the state if the Republican Party would implement them. These solutions include a constitutional reform to amend some of the tax laws in the state to institute a few new taxes such as corporate tax and raising some taxes such as the sales taxes by about half a cent. According to Jillson, these tax modifications could generate more than a billion dollars in revenue for the state, giving it a small sense of financial relief. Even though these proposed solutions could benefit the state, they are no likely to occur because of the low to no tax perception that both Texas government and citizens

Northwest Canadian Forest Products Limited is a company that owns and operates five saw mills in British Columbia and Alberta, Canada. They produce lumber for construction in a few different countries. The President of the company is dealing with a tough situation with one of her mills in Jackson, British Columbia. The mill in Jackson is her least productive mill and she soon has to make a decision that could cost the company a substantial amount of money. She has the choice of either investing 50 million in the weak Jackson mill or to invest more that 50 million in a new mill high demand area. The president has been informed of the many complaints from the managers and supervisors, but nothing seems to be the right solution.

Income tax, as defined by thefreedictionary.com, is “A charge imposed by government on the annual gains of a person, corporation, or other taxable unit derived through work, business pursuits, investments, property dealings, and other sources determined in accordance with the Internal Revenue Code or state law.” In layman 's terms, Income tax is money taken out of someone 's pay and given to the government, state, federal, or in some cases both. Some special exceptions apply, but in the states being covered in this essay, being Florida and Oregon, those exceptions will not bother us as of right now, although we will look at them later as a point of comparison. Today we are asking

Iowa has also drastically increased its reliance on revenue from corporate income taxes in recent years, which makes the aforementioned tax incentive refunds even more alarming. In the early 2000’s, the state was collecting between 2-3% of its total revenue from corporate income taxes (Census Bureau, 2001-2002) . As of 2013, 5.1% of state revenue was collected from corporate taxes, which is only slightly below the national average of 5.3% (2014)2. The increase

The article displays how economics relates to big businesses and their lack of workers. The DACA program had allowed many undocumented immigrants to work for big companies in their lower ranks which is an essential position. Many of these companies such as Facebook, Google rely on immigrant workers such as the ones protected by DACA to provide labor which as they are willing to take up work that other citizens are not willing to do. Cutting DACA can drastically affect our GDP as the labor shortages may cause our GDP to fall $460.3 billion dollars while also taking $24.6 billion out of our Medicare and Social Security pool. The article demonstrates foreign workers are key to our economic success as they do the leg work for big tech companies

It will continue increasing taxes on the wealthiest Californians and fund schools and health care. The education advocates gathered together to make sure proposition 55 would be pass, so that schools don't lose the funding they get. The organizations supporting proposition 55 in, John Fensterwald Prop. 55: Initiative to extend income tax increases to benefit schools are California Teachers Association, California Association of Hospitals and Health Systems and California State Council of State Employees. California propositions: A voter guide, Laurel Rosenhall article mentions the organizations that oppose proposition 55 which are Howard Jarvis Taxpayers Association, Gov. Jerry Brown and California Taxpayers Action Network. Supporters say that proposition 55 will prevent $4 billion in cuts to California's public schools, help children access health care by continuing taxing only the wealthiest Californians which will be followed by strict accountability requirements. While in TAX EXTENSION TO FUND EDUCATION AND HEALTHCARE. INITIATIVE CONSTITUTIONAL AMENDMENT, the opposing side argues that voters supported higher taxes in 2012 because Governor Brown said they would be temporary. State budget estimates show higher taxes are not needed to balance the budget, but the special interests want to extend them to grow government bigger. Proposition 55 should be passed because it will only affect the wealthiest

The author, Frosty Wooldridge, of The Children of Undocumented Immigrants, 2013 deplores Edwin Rubenstein of the National Research Center reported in 2008 that unlawful immigrants are having an astronomical negative effect in terms of $346 billion annually on the American taxpayers (par. 5). The author, Frosty Wooldridge, argues that the undocumented immigrants are wasting these taxpayers’ money. Also, the author underscores that these undocumented immigrants do not know how much it costs taxpayers every year for them to live here illegally. It may be true that the undocumented immigrants are not paying their taxes. However, the undocumented immigrants are spending money to help stimulate the economy. According to a website article, “DACA Recipients’ Economic and Educational Gains Continue to Grow” from the Center for American Progress website finds “The data illustrate that DACA recipients continue to make positive and significant contributions to the economy, including earning higher wages, which translates into higher tax revenue and economic growth that benefits all Americans. In addition, DACA recipients are buying cars, purchasing their first homes and even creating new businesses” (par. 3). The author establishes that the undocumented immigrants have been making the economy better by earning higher wages. Additionally, these undocumented immigrants are increasing the economy by acquiring essential things like cars and homes. The author implies that because of DACA, these undocumented immigrants, are in fact, benefiting the economy immensely with earning higher wages and purchasing homes and cars. Another powerful illustration of this point again specifying on the Center for American Progress website was concluding that important data is showing that many of the top 25 Fortune 500 companies are hiring DACA individuals accounting for $2.8 trillion annually

In terms of the ballot questions, voters voted no to Ballot question No.1 , which according to the Committee of Seventy, would have enabled “the state legislature to pass a law allowing local school boards, municipalities and counties to exclude the entire value of each primary residence (homestead or farmstead) in their jurisdictions from taxation if they chose to do so,” meaning property taxes would be “significantly” reduced or eliminated in “those jurisdictions.”

The Deferred Action for Childhood Arrival program (DACA) has helped stimulate the United States financially; by canceling it the Trump Administration has doomed our economy. Lawmakers have quite a task ahead of them as they try to traverse the tumultuous territory that is the DACA cancelation. However, one of the largest, if not the largest, problems that this move has created is the threat it poses to the nation’s economy. Bombastically, the Trump Administration made a move that seemed to be supported by its followers. Yet, further analysis of the cancelation seems to greatly cripple the United States, estimating that the nation stands to lose $215 billion if the former DACA recipients are deported.

In 2012, the legislature of the state of Kansas passed a bill that “allows about 300,000 independent business owners to pay no state tax on the bulk, if not all, of their income”(MONTGOMERY). This bill was created in order to put more money into the hands of businesses, and to create jobs. In fact, Kansas Governor Sam Brownback (R) said in an interview that this tax cut for Limited Liability Companies would be like a “shot of adrenaline into the heart of the Kansas economy”(“Big Tax Cuts Come Back to Bite State Governments”). Unfortunately, once the tax cuts passed, high income individuals in Kansas created Limited Liability Companies in their name, with themselves as the singular employee. Because of this, those individuals were no longer

These methods have actually been witnessed in recent years from issues such as marijuana possession to propositions that would affect the tax rate within the state of California.

The study's results prove that if the federal law requiring employers to supply valid social security numbers for their employees is passed –thus ensuring the loss of Oregon's undocumented workers-- the state could lose as much as $656 million in tax revenues resulting in 173,500 jobs losses (Navas). While the numbers vary from state to state, this study suggests that immigrants might be contributing more than people think.

The purpose of this report is to determine if the government is acting fairly in its taxation of the American population, and to point out the waste in government spending. In an article published November 1995, an unknown author explained the need for government "revenue" by defending what the revenue supplies for the people. In America we live within a free enterprise society. A free enterprise system is based on the idea of competition is good and that only the most efficient businesses will survive. The free enterprise system works with the idea that the consumer is somewhat knowledgeable about the products they buy. However, in today's modern world the consumer cannot be always be expected to make an informed decision about something. This is where federal laws are put in place to protect the interest of the public. Examples of such laws are regulations covering quality and safety of home

•Policy Makers in the United Kingdom may as well take notice and acknowledge that lower corporate tax can give essential profits to business competiveness without fundamentally hurting the medium-term budget viewpoint.

In states without state income tax, higher sales, property and other assorted taxes can exceed the annual cost of a state income tax. Texas is one of seven states that do not levy an individual income tax. The Tax Foundation, a conservative-leaning research group, ranks Texas ninth-best on its State Business Tax Climate Index, largely because of the state’s lack of an income tax. On three of the foundation’s other major rankings — property taxes, sales taxes and corporate taxes — Texas ranks in the bottom 20 states. Texas does not have a statewide property tax, but local property taxes remain a crucial complaint among businesses and homeowners. (Terrence, 2002) The main benefit is that states with no income tax become a beacon for growth. They 're better at creating jobs and keeping a core of young, educated workers from moving to other states. The issue is undoubtedly controversial. Public opinion usually swings with the size of one 's paycheck and the role people think governments should play in shaping society. Texas has an above-average sales taxes, and Texas also has higher-than-average effective property tax rates. Cutting the income tax will boost take-home pay for everyone. It 'll make the state more attractive than its neighbors, creating jobs, drawing new businesses, and sparking an influx of talented workers.