Group items tagged

The British government promised not to raise any income tax, believing that the British labor would "rebuilt the economy, renew the society, and restore trusts in politics." This topic is relevant to this week's topic because delaying the tax increase is a type of deregulation. The consumer are likely to buy consumer goods before a leap in the tax rates occur and the extension of income tax delay would probably contribute to a small increase in AD since the disposasble income remains the same. The expectation of increase in tax rate would induce consumer to buy more product before the actual rise.

This article is talking about the UK's labour party wanting to rebuild the economy because the conservative party does not think that they deserve a fourth term. This article links to this week's subject because the labour party promised to keep 'business tax as low as possible' to give maximum protection to frontline public services.

In order to create new jobs, the senate of Arizona has just backed a bill that will cut business tax and give tax breaks to families in order to create new jobs. People in support of the package said that it would diversify the state economy and provide high-paying jobs by attracting business expansions and relocations.

This article is about the need for higher tax rates to cut government deficit. The tax hike needed would be the equivalent of raising the basic rate of income tax from 20p to 26p on the pound. Tax rises do not all necessarily need to come in the form of income tax, but this is the amount needed.

With growing health concerns like obesity and diabetes, the US government is considering placing an additional tax on sugary drinks. The profits from the tax could go to fund health care initiatives. Soda is fairly price elastic - if the price were to change drastically, the demand for it would most likely decrease. So, either people will immediately curb their appetite, or the government will take the additional profits from the tax to educate the population about the adverse effects of sugar overdose.

This is article is about how Canadian sawmillers will not have to pay as many taxes now due to an increase in lumber prices. The sawmillers had to pay a sliding rate export tax inder a 2006 US-Canadian agreement. The rate of this business tax is now reduces 5%.

This article presents one of the possible outcomes of implementing a business tax, which is great dislike and confrontations from businesses towards the government. Furthermore, the possibility of people losing jobs is still present, and threatens the balance of the economy in general.

This article is about Washington's plans to increase pollution taxes, which would supposedly increase state revenue by 225 million. This tax would have the double benefit of relieving the recession-hobbled state budget and encouraging environmentally friendly business practices.

This article discuss on the argument of whether or not to impose higher tax rates on the upper class of the economy.

Many economists and policymakers are considering the idea of a tax credit to American companies that create new jobs. This is intended to encourage companies to begin hiring again by making it cheaper to get new workers. Lawmakers hope this will help reduce unemployment.

Unemployment is a growing problem in the United States. The government has gone as far as to give incentives to businesses to create new jobs or rekindle old ones. However, the incentives do little to help when businesses keep the money in their savings... This article examines what's going on in the economy now, as well as what we can see in the future in terms of employment (or, in this case, unemployment).

The article mentions about United State's debt expanding like a baloon, soon to blow up and fail the economy. During a recession, the govenrment must keep on running the economy even at budget deficit so they must keep on borrowing money. Yet, these loans must be returned in some way, and article reports a possible higher tax coming soon to compensate the loans.

Mortgage payments in the US are starting to be a leak of money, as the government is paying to those retired more than it is earning in taxes. However, these payments cannot cease and a solution will have to be found.

the article studies what is happening with the economy now. The United States has a serious problematic with unemployment. that´s why the government has motivated bussines to create more jobs. the problem is that not every business is willing to help.