Government Shut Down and Impact..! Republican and Democrats couldn’t agree on a spending for the fiscal year (from Oct.1- Sept30)‚ which started on Tuesday as they debated over Obamacare. The government shut down; cause congress has a duty in the Constitution‚ passing spending bills to fund the gov. In not doing that functions of gov. ranging from funding agencies‚ paying out small business loans‚ and processing passport request come to a halt. As some services like Social Security‚ air traffic
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Those six core purposes are used to interpret the rest of the Constitution. 3) The various parts of the Constitution A. The first 52 words B. How the three branches of government are to operate C. Amendment process and the relationship between the states E. Signatures 4) The three branches of government A. Legislative - The House of Representatives was given more power than the Senate. They borrow and coin money‚ set up post offices and roads‚ regulate commerce and immigration
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community and charity/organizations that provides the food the homeless. Everyone insist on practicing their constitutional rights‚ but City of Orlando Ordinance has really emplaced a restriction on the act of humanity and kindheartedness. The cities government has based their decision on the complaint of the community of Lake Eola Park. The intentions of the law was to prevent abusive use or overly excessive use by anyone in the community‚ being that an organization called “Food Not Bombs” gather at the
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Health Care Spending Terri Adams-Smith HCS/440 October 8‚ 2012 John Branner In 2002‚ the United States spent $5‚267 per capita on health care. Higher prices for health services such as prescription drugs‚ doctor’s visits and hospital stays have been contributors to the rising numbers (Anderson‚ Hussey‚ & Frogner‚ 2005). Both public and private health expenditures are growing at rates‚ which outpace comparable countries (The Henry
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Critical Assessment of judgement in Inspector of Taxes v. Kiernan Inspector of Taxes v. Kiernan (hereinafter referred to as Kiernan) is a Supreme Court case which‚ at first glance‚ would appear to deal with a rather innocuous question‚ can “pigs” be referred to as “cattle”? The question of whether pigs can be included within the confines of the the term cattle might seem both banal and quite absurd‚ but the judgement on this question has had repercussions for many subsquent cases since this matter
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GDP and GNP as economic indicators Gross Domestic Product (GDP) and Gross National Product (GNP) are key figures in accessing the status of a country’s economy. These numbers are also used to gauge the competency of the administration in steering the economic wheels of the country. By definition: Gross Domestic Product (GDP) is the total market value of a country’s output. It is the market value of all final goods and services produced within a given period of time by factors of production within
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Is GDP a good measure of economic progress?* Olivier Vaury (École Normale Supérieure‚ Paris) Every year‚ or even every quarter‚ economic growth figures are anticipated and scrutinised to assess the economic health of a country. In spite of abundant commentary in the media by politicians and economists‚ the very notion of economic growth remains elusive: who really knows what it really measures ? Yet the level of GDP (or GDP growth) is probably the most widely used indicator for piloting economic
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INVESTIGATING THE RELATIONSHIP BETWEEN VAT AND GDP IN NIGERIAN ECONOMY Denis Basila Department of Accounting Adamawa State University‚ Mubi‚ Nigeria denis.basila@yahoo.com ABSTRACT This study is an empirical investigation into the relationship between Value Added Tax (VAT) and Gross Domestic Product (GDP) in Nigeria. This research is significant for planning and policy formulation as regards revenue generation. A data based on VAT revenue figure and GDP figure from 1994 to 2008 obtained from Central
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pertain to Brookhaven Publishing: * Social Security taxes: 6% on the first $55‚000 earned per employee * Medicare taxes: 1.5% on the first $130‚000 earned per employee * Federal income taxes withheld from wages: $7‚500 * State income taxes: 5% of gross earnings * Insurance withholdings: 1% of gross earnings * State unemployment taxes: 5.4% on the first $7‚000 earned per employee * Federal unemployment taxes: 0.8% on the first $7‚000 earned per employee The company
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Governments Should Tax Sin Products Higher In our country‚ the government has traditionally taxed some goods at a higher rate or at an additional rate. They do this to products called sin products‚ like cigarettes and alcohol. The government does this as a way to discourage the abuse or over use of these products. Recently‚ governments have tried to raise taxes on other products like large‚ sugar-filled soft drinks and junk foods. There has been opposition to raise taxes on soft drinks and
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