• Taxes Flat Tax
    1,324 words
    Taxes An income tax is a tax based on the income of an individual or a business. In the United States, personal income tax accounts for approximately 45% of the total tax revenue. i Income tax was first used as a temporary method of helping finance the Civil War. Soon after the Civil War, the income tax was repealed. Then, in 1913 the 16 th amendment was ratified to allow income taxation. At its simplest form there are three main types of income tax, a progressive tax, a regressive tax, and a pr...
  • Taxing The Internet Sales Tax
    499 words
    With the Internet growing in popularity every day, traffic on the Internet has doubled every 100 days (NCPA); the thought of taxing the Internet has become a heated discussion. Proponents of the tax say it will generate large profits for local and state governments through sales tax. While opponents state that the public has become accustomed to not paying taxes online, and that taxing would slow the rapid growth of Internet commerce. The Clinton administration has decided not to tax transaction...
  • Taxation Of E Commerce
    1,109 words
    The Internet has created a world without borders. Consumers can purchase goods and services from around the world by going online and comparison shop for whatever they wish, be it a computer, a car, a book, and make their purchases, all tax-free, unless the vendor has a store in their state. The current tax system recognizes over 30, 000 tax jurisdictions, within the 30, 000 tax jurisdictions, there are more than 7, 000 separate state and local tax rates that cover all goods and services. The sa...
  • Sales Tax Internet Online Commerce
    1,823 words
    S T English 1 A - Composition Grade: B+Taxing the Internet is necessary The internet or the Global Electronic Infrastructure has now been around for about a decade already and it has already changed how we live our lives. Over the next decade, we will find that almost every aspect of our lives including education, health care, work and even leisure activities will be affected. We have already seen this occurring with the increasing use of: cell phones, pagers, GPS systems, PDA's, and many more g...
  • Minimum Wages Wage Increase California
    865 words
    Minimum Wages It sounds simple raise the minimum wage, reward hard work, and strike a blow against the society's inequalities. It's an emotional argument that blurs out the truth and make's people forget one important economic lesson: There's no such thing as a free lunch. The minimum wage has not been increased since the industrial welfare commission raised it to $4. 25 an hour. The IWC and the legislature have not agreed since that time that any additional increase is justified because of Cali...
  • Sales Tax City Increase Firefighters
    766 words
    Fireman's wage must increase steadily more than payments of other public servants because of the everyday risk of their families Senator Schumer. Vote for the raise for the firefighters, and you will pay for it with increased rates for city services. John Grady. I dont know that the firefighters can justify their demands for a 10 percent increase, but I do know I personally am not going to accept threats and cheap political rhetoric from the city Kommisars as a basis for voting for the citys las...
  • Tax Reform Income Rate System
    2,241 words
    The issue of tax reform is not a new one. It has been debated since the founding of the very first modern government. At the heart of the debate is what the role of government should be in its citizens lives. In the United States the controversy over taxes has been central since the nations founding in 1776. To analyze the issue of tax reform one must first look at taxes and what they represent to the United States. According to the encyclopedia Britannica almost all of the Untied States govern...
  • Sales Tax Internet Local State
    896 words
    Argument: Not taxing Internet Commerce would deprive state and local governments of Revenue that is essential to community services and projects. Yes, The Internet is the future. It is growing at a phenomenal rate and new businesses are popping up every minute. According to the Treasury Dept. , in 1998, approximately $7. 8 billion was spent over the Internet. However, they expect that number to exceed $70 billion this year, $300 billion by 2002, and reach $1. 45 trillion by the year 2003. This ...
  • Should Australia Introduce Any Tax Or Gst Changes
    2,326 words
    Why do we need taxes Taxation makes up majority of our government's income. With this income the government can provide us with proper infrastructure and social services for little, if no cost at all. These include Medicare, social security and education. (These facilities are known as recurrent expenditures because it is needed time after time. ) Other expenditures include transportation, lighting, recreation etc. These services are granted to us at no costs. In many 3 rd world countries where...
  • Investment In Pakistan Sales Tax
    2,792 words
    The textile sector needs massive investments in the value added sector to face the challenges of the post 2005 qouta free regime. Common belief in Pakistan is that the sector is quite vibrant and is investing heavily. While it is true that there have been substantial investments in the sector as a whole, bulk of the investments are in the spinning and weaving sectors and not enough is being invested in the value added sectors of finishing and stitching. In the following brief presentation the im...
  • The Proposed National Sales Tax An Introduction And Argument
    2,173 words
    The Proposed National Sales Tax: An Introduction and Argument Death and Taxes. Americans accept both of these as inevitabilities. Every year, the people of this nation are joined together on April 15 th, the deadline for the filing of income tax. Of course no one likes it and of course people get frustrated, but do we really need to accept it? Money is taken directly from our paychecks before we even see them, and now we fork over more. Eventually, we forget where it's all going. Everything we ...