What are the tax benefits of nonprofit status? Or in other words, how does the U.S. tax code subsidize the nonprofit sector? In addition, what are the arguments in favor of preferential tax treatment for nonprofit firms?
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What are the tax benefits of nonprofit status? Or in other words, how does the U.S. tax code subsidize the nonprofit sector? In addition, what are the arguments in favor of preferential tax treatment for nonprofit firms?
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- What are the equity issues associated with the preferential tax treatment of nonprofits? What is the principal-agent problem and why to scholars believe that it is more pronounced with a government bureaucracy than with a private firm? And explain what is the tax price for donations?Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they are: “nowhere necessaries of life” “objects of almost universal consumption” In consumer theory economics, what is the difference between a necessity and a luxury good. What is the likely difference in the tax revenue obtained from a tax imposed on a necessity versus a luxury good? Explain and illustrate with appropriate figures. Question Requirements: Identify the difference between a necessity and luxury and provide an example. Highlight ability to identify the link of this definition to tax revenue. Highlight ability to encapsulate this concept precisely using correctly drawn figure.An effective manager must also consider the relative power of buyers and sellers, which of the following pertains to the rivalry that arises from the competition among firms selling the same product? a. consumer-consumer rivalry b. consumer-producer rivalry c. producer-producer rivalry d. government-producer rivalry
- Should the government regulate the market power of firms why or why not? Make sure you relate the most relevant economic concepts and theory to justify arguments.How does Henry George’s proposal for a single tax on land relate to the elasticity of the supply of land? Why are there so few remaining advocates of George’s proposal?discuss in detail the process of privatization of non-profit companies that are state owned
- explain whether or not you feel Ford did anything morally wrong in weighing the economics of the Pinto manufacturing versus consumer deaths. Also, do you think it was a legitimate defense for Ford to state that their cars met or exceeded the safety standards set by the US government?Assess the concept of eminent domain, in general and the plight of Susette Kelo and her neighbors, in particular, from the point of view of the different theories of justice discussed in this chapter. Is it possible to square the government’s exercise of eminent domain with a libertarian approach to justiceWhich statements are true of nonprofit organizations? Check all that apply A. Nonprofits cannot be bought or sold B. They are not permitted to pay salaries or have employees C. They are not subject to government taxes D. A nonprofit organization can provide any function as long as it makes no profit
- discuss in detail political approaches to privatizationIn terms of the four major theories of the social responsibility of business. which one of the theories you most enthusiastically support, and why. Do you think the government should regulate social responsibility in business?The car industry is characterised by heavy research and development activity. This activity has a high fixed cost and can only be undertaken by large firms with significant monopoly power. Sometimes the innovations of the car industry spill over into other industries. There is also a great deal of product differentiation, with certain brands enjoying reputation and What are the likely effects of these aspects of the industry on the market structure for HPCs? Examine this industry using the theory and models of industry structure. Should government be worried about any aspect of how an industry with this market structure will perform?
