Chapter 1.6, Problem II.9E

If a tax law violates one of the three principles of sound tax system, is it necessarily null and void? Explain your answer in 7-10 sentences.

In no more than 1000 words What will you do as an owner to your displaced workers if your factory will be closed for 2 months and above? if You are the owner of a medium business enterprise that manufactures and sells toys. You have found out that you are using a particular chemical that is suspected to be harmful to people, especially children. You consider discontinuing the use of the said substance. However, the alternative chemical is very expensive, and it might take months before you can arrange its purchase and shipment. Consequently, this means a possible three-month temporary work stoppage period for your 56 workers. You are well aware that these workers are completely dependent on the wages that they receive from you.

Nicolette Larson was loading the dishwasher with her husband, Kevin, and telling him about the first meeting of the Manchester United Tournament Organizing Committee. Nicolette, a self-confessed “soccer mom,” had been elected tournament director and was responsible for organizing the club’s first summer tournament. Manchester United Soccer Club (MUSC), located in Manchester, New Hampshire, was formed in 1992 as a way of bringing recreational players to a higher level of com-petition and preparing them for the State Olympic Development Program and/or high school teams. The club currently has 24 boys and girls (ranging in age from under 9 to 16) on teams affiliated with the New Hampshire Soccer Association and the Granite State Girls Soccer League. The club’s board of directors decided in the fall to sponsor a summer invitational soccer tournament to generate revenue. Given the boom in youth soccer, hosting summer tournaments has become a popular method for raising funds. MUSC teams…