I remember reading a poem a few years ago. It was very thought-provoking. The poem was called Dream Deferred by Langston Hughes. Hughes paints a picture of what might happen to a dream if it is postponed for too long. This idea is the overall theme of the poem and it is what unifies and connects the poem as a whole. It provides a series of answers to the question‚ “What happens to a dream deffered?” The lines that follow the first question are presented as different similes. He wonders if these
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Legalization and taxing is an option that should be considered to show how legalizing and taxing marijuana will put end to this cycle. It is very important to understand the effect of cannabis (marijuana) and its history. Forty-three million American use drugs regularly‚ despite the federal government efforts to enforce the law‚ destroy illegal crops‚ seize illegal drugs‚ make arrests‚ and educate people about the harmful effect of the drugs. Many people feel that crime would be reduced if drugs were
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Classification of Taxes Classification of taxes 1. As to subject matter or object A. personal‚ poll or capitation- tax of a fixed amount on individuals residing within a specified territory‚ without regard to their property‚ occupation or business. Ex. Community tax (basic) B. property- imposed on property‚ real or personal‚ in proportion to its value‚ or in accordance with some reasonable method or apportionment. Ex. Real estate Tax C. Excise- imposed upon the performance of an act‚ the
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form‚ be used “correctly”. Everyone says it. My best friends‚ my family‚ superiors‚ even families with a special need children. However‚ that doesn’t make it right. Strongly against the use of the word - stands John McGinley‚ Special Olympics Ambassador. In his Huffington Post Blog‚ “What Really Happens When We Use The R-Word‚” the firm activist explains why this now commonly used word is always meant as a “euphemistic put-down”‚ and how it should never be used to define an individual with a disability
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people choose to believe what they see‚ and believing links with knowing as it is a component of knowing. We also choose to see what we believe and therefore both statements are complimentary. Human beings tend to believe with evidence rather than believing in something blindly. Belief is usually based on evidence and the evidence is usually linked with our senses. If we see something‚ we believe in it because we are able to back our assumption with evidence because we have witnessed it. Human
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vertically upwards depending on the amount of tax. Because of this shift‚ less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. There’re two types of indirect taxes‚ they are ‘Specific Taxes’ and ‘Ad Valorem’. Specific Tax is a fixed amount of tax that is imposed on a product. For example‚ if the government imposes a tax of $2 per loaf of bread‚ it will shift the supply curve vertically upwards by the amount of tax‚ which
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Melany Fava Section 1: Descriptive Research Study Design 1a. What topic are you proposing to describe? Dieting in Weymouth High School students. 2a. Which approach to psychology would be most interested in describing this topic? Social 3a. Which of the three descriptive research methods will you use? Survey 4a. Thoroughly describe how you will design this research study with specific attention to sampling‚ wording-effect and various biases when applicable. I will create a 10-question
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includes the personal profit‚ business income‚ and the capital gain. Referring to Australian Accounting Standard Board (AASB) 112‚ the income tax expense (income) is not merely equal to current tax liability (asset)‚ but also the function of the deferred tax liabilities and assets (Leo‚ Hoggett‚ & Sweeting‚ 2012). The tax which incurred to a company will depend on the company’s performance. If the company gets a positive taxable income‚ then the company has to pay 30% of it to the federal. However
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Executive Summary This memorandum is intended to communicate the deferred tax issues of Lucent Technologies Inc. on the basis of analysis of the veracity of the situation according to the reporting framework’s guidelines to anticipate unfavorable implications that had been resulted due to poor performance of the company over the past years. The Financial Accounting Standards Board (FASB) is the recognized body for making pronouncements as Generally Accepted Accounting Principles (GAAPs) in the
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1) What is the economic intuition and what are the concepts underlying deferred tax accounting? What goals/objectives are standard setters trying to achieve by requiring deferred tax accounting‚ compared to say‚ just having companies recognize tax expense as the cash paid (or at least currently owed) to the government? The economic intuition of deferred tax accounting is to account for the differences between the tax expense shown in the financial statements and the current taxes payable
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