adult court. Juries tend to be more sympathetic to a minor. Thus making it a little easier to convince or plea for lesser charges. In most places the jails are crowded and the courts are more likely to give the juvenile a lighter sentence. Disadvantages of Adult Criminal Court In adult courts juveniles can be eligible for more severe punishments such as life sentences without parole or even the death penalty. The juvenile will be placed in adult jails with adults while awaiting sentencing‚ rather
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Effectiveness of ‘fat tax: The effectiveness of the fat tax Elasticity: when consumer is changing pattern of buying according to the change in price‚ eg. When its espcial they tend to buy more and if the price rises they don’t want a lot and if they don’t need they don’t even buy it. Inelasticity: when consumers buy products that they need the most and even if the price rise they buy it. Basic needs products‚ and if the prise is low they don’t buy more than what they need. The link between
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1. What is a progressive tax system? How does it differ from a regressive tax system? Answer: A progressive tax system is a system that requires people with higher income to pay more of their income in taxes. And a progressive tax system is different from a regressive tax system because a regressive tax system requires everyone to pay the same price whereas the progressive requires people with more money to pay more. 2. What is gross income? What types of income are included in gross income? Answer:
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and the Bush Tax Cuts A and B” 1. The Tax Cut of 2008: * As a business person‚ would you have wanted your congressman to vote for the tax cut of 2008. As a business owner I would have wanted the tax cut of 2008. At this time the economy was stalling‚ we were still at war‚ and consumer spending was starting to slow. With the uncertainty of the future with a new president‚ I would have wanted the tax cut. After reading and learning about the impact that the 2008 tax cut had on revenues
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Write an essay of about 250-300 words on the disadvantages of facebook to teenagers. Facebook can be simply defined as a social network site which facilitates communications. Look around‚ you can see how most teens spend their time time sitting with smart phones in their hand‚ scrolling through news feed on facebook. This website can be beneficial in several aspects‚ but it also has disadvantages‚ especially to teenagers. Facebook can cause teenagers to lack in social skill‚ have serious health
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Exam 2 : Estate & Gift Tax 1.) Determination of an estate tax by applying the steps involved in determining the estate tax and showing all work 2.) Determination of gift tax owed by applying the steps in determining a gift tax and showing all work 3.) Credit on prior transfers * A credit is allowed against the estate tax for all or a part of the estate tax paid with respect to the transfer of property to the present decedent by or from a person who died within 10 years before‚
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of Americans did not pay income tax in 2012. In 2007‚ before the economic downturn‚ 40% of households did not owe federal income tax (Lehnardt 1). Under those circumstances‚ lowering income tax will bring in more jobs‚ thus making it easier for Americans to gain wealth. Since the 1970s‚ tax development has always been a big problem from than to present day. “Tax benefits were [taken away] in 1986‚ [were] prices dropped and many lost money” (Reed 32). Without these tax benefits‚ American’s would lose
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meaning In the general sense‚ a direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer). Examples include some income taxes‚ some corporate taxes‚ and transfer taxes such as estate (inheritance) tax and gift tax. In this sense‚ a direct tax is contrasted with an indirect tax or "collected" tax (such as sales tax or value added tax (VAT)); a "collected" tax is one which is collected by intermediaries
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9. Understand permanent and temporary differences. Explain the conceptual issues regarding interperiod tax allocation. Record and report deferred tax liabilities. Record and report deferred tax assets. Explain an operating loss carryback and carryforward. Account for an operating loss carryback. Account for an operating loss carryforward. Apply intraperiod tax allocation. Classify deferred tax liabilities and assets. 19-1 SYNOPSIS Overview and Definitions 1. Significant differences normally
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are two main disadvantages of globalisation. One is about the culture crisis; another is inequality between the developed countries and the developing countries. In this essay‚ I will try to present what is happening negatively alongside the prevalence of globalisation. And analyze the two main aspects of disadvantages with some useful examples. After all‚ discuss how to manage these problems and suggest what will happen in the future.I think we generation should know the disadvantages of globalisation
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