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    soda tax

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    Soda Tax: The Beginning of the End The government plans to tax sugary drinks to lower consumption and reduce obesity rates. It is a tax that is justified‚ because a high majority of its consumers are obese and our government believes they should step in and do something about it. There are positive aspects of a soda tax‚ but it would also be a violation of freedom of choice‚ with many other red flags as well. The government simply‚ has too much involvement with our personal lives. Placing a

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    Soda Tax

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    the same with no support‚ extra-curricular activities. The tax didn’t change anything for our schools. Our books still old and falling apart. People from Pepsi quit their job because they thought they weren’t getting paid enough. The soda tax should affect their paycheck. This is really an outrage and it is affecting not only the jobs at Pepsi Co. also it is effecting the stores who are not selling as much sodas and juices due to the tax. This affects the peoples’ families as well because the operations

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    Tax and Gearing

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    W22Extra: Tax and Gearing: More Questions Multiple Choice 1) Which of the following statements is false? A) In general‚ the gain to investors from the tax deductibility of interest payments is referred to as the interest tax shield. B) The interest tax shield is the additional amount that a firm would have paid in taxes if it did not have leverage. C) Because Corporations pay taxes on their profits after interest payments are deducted‚ interest expenses reduce the amount of corporate tax firms

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    Tax Avoidance

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    * * Part A: Tax Avoidance and evasion Introduction According to Hyde (2010) tax evasion cost the UK treasury over £15 billion annually. This is approximately 3% of the total tax liabilities that individuals and organisations are meant to pay to the Her Majesty Revenue and Customs (HMRC). While an estimate of £25 billion is lost through tax avoidance annually (Murphy‚ nd). These are huge sums of money that could go a long way to help the government reduce the national deficit or could

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    Wealth Tax

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    FINAL WEALTH TAX Accepting the recommendations of N. Kaldor to introduce “integrated direct tax system” in India‚ Wealth Tax Act‚ 1957 was enacted. The Act was amended from time to time. The major objective of wealth tax has been attainment of equity objective of tax policy because wealth is considered as the major source of inequalities. The wealth taxation in India is applicable to all citizens of the country and is also called the wealth tax act‚ 1957. This is also considered to be direct

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    Regressive Tax

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    Regressive Tax Subject: Argument for Implementing Regressive Income Tax The primary income taxation structure in the United States should be a regressive tax structure. A regressive tax rate decreases with an increase in the tax base. This means‚ the lower the amount of income a person earns‚ the greater the share of that income will go towards paying taxes. The income tax should become a regressive tax because every tax bracket would then pay roughly the same dollar amount in taxes to the government

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    Fat Tax

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    Fat Tax Notes Important Note The importance of a balanced diet cannot be overstated. A balanced diet provides natural disease prevention‚ weight control and proper sleep without the use of sleeping pills. A balanced diet is also important because it enables you to meet your daily nutritional needs and enjoy a higher overall quality of life. Points For * People may stop buying the food if the tax is very high. Since healthier food is cheaper they will start to buy that instead to save more

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    sin tax

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    Topic Outline Effects of Sin Tax Law to Selected Bar Establishments in Dumaguete City Thesis: Although the sin tax law helps the country’s economy by raising the governments collected revenue which accounts for public use‚ it also results bar owners to eventually lay off workers to the extent of closing their business due to higher tax collection and sudden reduction of consumers. Introduction I. Sin Tax A. Definition B. History II. Effects of sin tax in the Economy A. Decrease consumers

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    SE Tax

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    The first thing to note when it comes to self-employed tax‚ SE tax‚ is that it only refers to Medicare taxes and Social Security benefits. Self-employed persons may be required to file other federal taxes based on the area they work in. Below you will find information into what is self-employed tax‚ who is required to pay it and how to go about paying this tax. The information below may not include everything you need to know; therefore‚ it should not be taken as all-inclusive because your specific

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    Child Tax

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    CHILD TAX CREDIT Individual taxpayers are permitted to take tax credit based on dependent children‚ under 17. Credit $1000 per child. AGI $110000 joint‚ 55000 separate‚ $75000 single. Phased out by $50 each $1000. * Married‚ joint‚ 2 children. AGI $118700. Child tax credit $1550 (1000x2=2000-450) {50x{(118700-110000)/1000]} DEPENDENT CARE CREDIT Under 13/ unable to care for self. If divorced child cant be living with the creditor. Divorced mother with custody may entitle to credit even

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