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This article describes the new tax on various medical wares such as replacement hips and defibrillators. The new excise tax is within the US, and the prediction is that it will raise $20 billion by 2019. The tax will affect smaller companies the most, and as much as 10% of small companies earnings per share may be paid in tax.

This article talks of the excise tax placed on replacement hips, implantable defibrillators and other FDA-approved wares. This was originally done to help fund the health laws expansion of insurance coverage. However, this tax is starting to hurt companies producing these goods as they are having to introduce cost cutting plans. "Stryker Corp. said in a statement Thursday that the $130 to $150 million in will owe next year could consume one-third of of its research and development budget." The tax is becoming a burden on companies as they must give the money to the government instead of their research funds.

according to the article, increasing excise taxes, encouraging smoke-free public places,and reducing salt and trans fat in food might help decrease deaths from noninfectious diseases. It would make sense because, if excise taxes are imposed, demand will slightly fall. Also if smoke-free places are encouraged, non-smokers will not have to be exposed to smoke all the time.

This article shows an example of an excise tax that has been damaged firms. A new 2.3% ad valorem US excise tax on medical devices, is, in my opinion, a mistake. 1,170 jobs were cut from one company as a result, and production will be down. This means that fewer devices will be made at a higher price, and furthermore means that fewer of those who need the devices will be able to purchase them, and they will get them at a higher price.

In this article it is about "how the excise tax on gasoline and diesel fuel has been the main source of funds for building and maintaining the nation's roadways. It has paid for most of the four million road miles currently in service" By imposing taxes, governments obtain certain tax revenue which is used for supporting national infrastructure (roads), public services and subsidies for other things. But gas tax is not sufficient anymore. So, there are myriad discussions across political fields how to alter current tax policy. There are several options: taxing the miles (the question is how to tax the miles) toll roads (but they would hardly replace the gasoline tax), adjusting tax to inflation, taxing oil instead of gasoline or taxing cars. It seems resolving this issue is a hard nut to crack for the U.S. government.

This is a great show of how the government needs money and so, not out of spite for any business but out of a need for funding, they are considering putting a tax on a local Enterprise Car Rental franchise. Obviously, the owners are not happy with this and say that price would hurt them and the customers, which would only consist of out-of-towners and not the locals who want the downtown renovated in the first place. The suggestion they made, which seems fair to me, is to put an even smaller percentage tax on all restaurant's goods and services. This way there is less harm done to any single producer, because restaurants as a whole have a much lower inelasticity than car rentals in a single town, and any given customer, of which there would be many more for a restaurant, would not feel they were losing as much money to this tax. Plus, a tax on restaurants would force those citizens that wanted their community to look nicer to pitch in a little.

Last month, the White House and labor unions announced an agreement to tax high-cost, employer-sponsored health insurance plans. Labor leaders say the proposal is too high a price to pay for the limited health care package they expect to emerge from Congress, therefore, there is really no support for this agreement.

This article is a good example of how tax can be imposed for a reason. In this case the reason is to boost revenue of the government. Though, it is debated by the people in L.A, since this is a tax made for consumers to pay so that the market can thrive but on the same time provide the government with money in their time of crisis.

This article talks about the crisis in the UK, and how the stores keep on closing and will keep on closing if the government doesn't freeze rates by 2013. Therefore, this article is not about something that the government has done (putting taxes) but something it needs to do to help the market in the UK.

The oil company ExxonMobil announced profits of 36 biollion us dollars, however according to the tax foundation the government had a income on this by 54 billion.

The article deals with the different wants of russian people. A lot of them prefer to drink beer rather than vodka. This means that more beer is sold. This influences the health of a lot of people. To stop this trend the government implemented a huge tax on beer. The tax rose by 200%. This shows that the government always tries to find a balance.

tax 'dodging' has been happening withing big companies in the UK due to the low economy progress. However, Cable says that the UK's tax claimers should be more strict about this as medium and small companies are paying their taxes and loosing profit to paying tax as their demand is low and therefore it cannot be only payed by the costumers but mostly by the companies themselves.