Tuesday, February 18, 2020

Beneficial usage of flat tax Essay Example | Topics and Well Written Essays - 500 words

Beneficial usage of flat tax - Essay Example If the tax burden is redistributed, some people will pay more and some will pay less under the new flat tax system. This paper will discuss the benefits of going to a flat tax system, and examine the implications for taxpayers, businesses, and the government. The most often cited benefit to a flat tax would be to simplify the current code. The current tax code and amendments is over 16,000 pages long, takes up over 20 volumes, and costs in excess of $1100 to purchase (Greenberg). Nearly every source of income or deduction has a special attachment and entails complex complications that require the intervention of a certified tax accountant. The flat tax would simply place a given percentage of tax on all personal and business income. There would be a single exemption, and no deductions for things such as mortgage interest or charitable donations. For example, every family would get a $20,000 exemption and pay a 15 percent tax on all income in excess of $20,000. While there are some flat tax schemes that tax spending rather than income, this paper will focus on the flat tax on income. A single exemption flat tax on income is the most simplified form of taxation available. In addition to the simplicity that a flat tax would have, it would also be more fair. A flat tax would have no penalties for capital gains, savings, old capital, and pension incomes (Gale 43). Under the flat tax system, no one gets preferential treatment and there are no special provisions for individuals or specific businesses. In addition, "The low, flat rate solves the problem of high marginal tax rates by reducing penalties against productive behavior, such as work, risk taking, and entrepreneurship" (Mitchell). Everyone, without exception, would pay the same rate of taxes on their income. Because the flat tax is so simple to implement and calculate, there would be substantial savings for businesses, individuals, and the government. Businesses would no longer be subject to the

Monday, February 3, 2020

Terrorism and Human Rights Essay Example | Topics and Well Written Essays - 1250 words

Terrorism and Human Rights - Essay Example As contemporary issue for the purpose of this foreign policy brief, terrorism refers "to any violent act directed against noncombatants and carried out by an organized group rationalizing such behavior with political and religious arguments."(Davidson, 20 April 2009) Terrorism is the issue on every one's mind these days. It is global disorder that we have been fighting, and probably will be fighting for many years to come. What is terrorism The word refers different things to different people at different times and the same is very evident. "Violent activity at one point in time may be called terrorism, while the same action may be deemed war, liberation, or crime at another time in history." (Chossudovsky, 24 April 2009) The most accepted definition of terrorism is the illegitimate use of force on innocent people to achieve political objective. National groups or clandestine agents usually intended to influence an audience." These inflictions cannot be performed directly by any government, but they can be funded by government. If these actions were inflicted directly by government, this is known as terror, not terrorism. However, with these definitions you can see how difficult it is to define terrorism. Terrorism has been around long time and often appears in poor second and third world countries. Since terrorism has affected the world so hard recently, the United States and other countries are trying to find way to end or limit terrorism as much as possible. However, the best way to solve terrorism is to learn the causes of it and then to come up with reasonable method to solve it. Tony Blair's reaction after 7 July 2005 When the terrorist struck in London year ago, Prime Minister Tony Blair had been on an emotional roller-coaster. "From the elation of winning the 2012 Olympic bid for London he flew home from Singapore to chair the G8 summit at Glen eagles in Scotland, only to be woken from few hours sleep to the grim reality of the first suicide attack on Britain." (Tony Blair, 20 April 2009). 'This is very sad day for the British people, but we will hold true to our British way of life,' said Blair, breaking off from the G8 proceedings to chair the government's emergency meetings in London. Opinion polls have consistently shown that, even though his government has been buffeted by many a scandal and internal squabbling, many Britons feel secure with Blair's 'sure touch' on terrorism. "Unlike US President George W Bush, who initially hesitated to return to Washington after the attacks, and Spanish leader Jos Maria Aznar, who by blaming the separatist movement ETA turned the 2004 Madrid bombings into an instant political football, Blair showed leadership in crisis, analysts believe." (Tony Blair, 24 April 2009). 'His initial response showed that he was very much in touch with the British public,' said Frederick Fors, Swedish author of the study Bombings in London: Terrorism and institutionalized crisis management. Fors, from Crisis mart, the National Center for Crisis Management Research and Training of the Swedish National Defense College in Stockholm, believes that Britain's long experience with Irish Republican Army (IRA) terrorism, and Blair's conviction that Britain would become target after 9/11, helped prevent an 'overreaction' to July 7. 'Given the scale of events in London, it might have