Skip to main content

Home/ M2016 Economics SL Mr. Friedman/ Group items tagged tax

Rss Feed Group items tagged

Piskin A

Colorado marijuana sales rake in $2 million in taxes in January - 4 views

  •  
    This article is about the excise taxes on marijuana in Colorado. It is important to know that the tax revenue $2 million dolars in January 2013. As marijuana is legal in Colorado, the government gets the best benefit of it by imposing harsh tax on marijuana. Since marijuana is price inelastic because of its addictive nature, the government can impose as much as taxes as it can which can lead to more revenues.
  •  
    This article demonstrates how profitable taxation can be for governments. The example here is that the state of Colorado earned over $2 million in taxes on the sale of marijuana, an addictive product.
  •  
    This article is about the income of the government by the taxes on marijuana which is legal in Colorado
Bulatovic M

Study: Excise tax will cost firms $2,700-plus per worker in 2018 - Orlando Business Jou... - 2 views

  •  
    This article is a study, which looks at increase of taxing companies per worker in order to cover the costs of providing health care for the workers. The study looks at how an increase in tax would affect companies and there attitudes towards this tax. Companies would take measures in order to pay as little tax as possible.
Jack L

Indirect tax levies rise 49% over ten years - 2 views

  •  
    This article talks about how indirect tax has risen significantly over the last ten years. (Indirect Tax being one imposed on expenditure). The total amount of tax raised by HMRC has increased by 43% over the last ten years, from £344bn to £490bn. When imposing these taxes the government must also think about the effect this is having on individuals as well.
Stamenkovic A

Tourism Fears Carbon Tax Will Break Businesses - 1 views

  •  
    Government imposed carbon taxes in Australia, in order to prevent the climate change. This will have the major influence on manufacturing and other business in Australia, especially the tourism. It is estimated the carbon taxes will "add $115 million a year to the bottom line costs of hotels and motels", due to the increase in additional costs such as energy bills, food, transport, linen and other expenses. The demand for the tourism in Australia will thus greatly decrease, as the expeneses will increase as well due to the large taxes imposed on the carbon "also Australia's carbon tax places tremendous pressure on Australian manufacturers and inevitably leads to job losses and business closures"
StuartO O

Doctors Seek $3-Per-Pack Excise Tax on Cigarettes - Los Angeles Times - 2 views

  •  
    The California Medical Assn now want a $3 excise tax put on cigarettes because the extra cost would pay for the cost of treating diseases caused by smoking.
Stamenkovic A

A Year After Marijuana Legalization, Just How High Is the State of Colorado? - 1 views

  •  
    According to the federal government, weed is one of the most dangerous controlled substances on the market, especially after it was legalised in Colorado. Colorado's Proposition AA, passed two months before legalization, requires that recreational marijuana be subjected to a 15 percent excise tax, a levy imposed on goods such as gas, alcohol, and tobacco, in addition to a 10 percent state sales tax. During the first fiscal year the state pulled in just under $14 million in marijuana taxes, licenses, and fees according to the Colorado Department of Revenue. The money is going to build schools, support drug prevention and intervention programs, fund the state's Marijuana Enforcement Division. On the other hand, medical marijuana patients only pay a 2.9 percent tax on weed.
Brennan H

Repealing The Medical Device Excise Tax - 2 views

  •  
    This article is about the excise taxes on medical devices and Obamacare. It is important that it is repealed immediately so that is can go tax free and people can pay less, but it can't get through the house to the president's desk so the issue persists.
Brennan H

Excise Taxes and Illegal Cigarettes - 2 views

  •  
    This article covers the topic of excise taxes in which the state of Massachusetts' government has tried to place an excise tax on tobacco in order to reduce the usage of it and improve people's health.
Sinmaz S

Obesity as a market failure ‹ Japan Today: Japan News and Discussion - 1 views

  •  
    In his article, Roberto De Vogli, discusses how obesity is a kind of market failure. Aapart from the comon view that obesity is "an effect of specific individual and lifestyle choices," Roberto De Voglie argues that "the problem is largely a byproduct of deeper political and economic changes in society.". Apart from discussing the reasons for this failure, he propeses a solutions. He says an ulta-processed food tax" must be introduced on fast foods and the revenue coming from this tax must be used as a subsidy fruits, vegetables and healhty foods.
Onipko O

Put sugar tax on unhealthy products to prevent obesity and tooth decay - 4 views

  •  
    Very interesting article about putting a tax on sugar products, saying that it would benefit society. While this is true, how would it affect the economy? Quite alot I would say.
Adele G

Berkeley places excise tax on sugar-sweetened beverages - 2 views

  •  
    This article concerns the excise tax place on beverages containing sugar. Berkeley has done this to reduce the amount of consumption of the drink, which they hope will improve nutrition and health in the area. This shows that the beverage is elastic, and the government are controlling its demand.
Maria A

'Alcopop' tax fails to deter teen binge drinking, raises $4.5 billion in revenue - 0 views

  •  
    The government had imposed an excise tax to discourage teens from purchasing and consuming alcopops. However, since the demand of the alcopops was not detered as much was intended, it shows that the alcopops are relatively inelastic.
Ewumni M

Device Startups Struggle With Obamacare Excise Tax - 1 views

  •  
    The article discusses about the Affordable Care Act and the excise tax it imposes. The medical device excise tax has been controversial since 2013, so Congress doesn't know whether to repeal it or not.
Kim J

Excise Tax Remains for Medical Device Makers - 2 views

  •  
    This article talks about excise tax on medical device manufacturers and the impact of the tax on the industry.
Jack L

Raising the gas tax isn't about politics, it's about economics - 0 views

  •  
    This article talks about the conflict between both Politics and economics. As the price of oil in America has decreased, some believe that there is an opportunity to increase the "gas tax". In this article they believe that this tax generated from this increase could be beneficial to the economy and could help improve infrastructure and making investments.
Benndorf J

'Millionaires tax' possible in Seattle? Council asks city's lawyers - 1 views

  •  
    This article centers around how the Seattle City Council had voted on Friday to have the city's Law Department investigate the possibility of enacting "an excise tax on annual individual or household earnings in excess of $1 million." The article also depicts how the council had voted regarding minumum wages.
Aminu S

Obamacare Cadillac plans? - 0 views

  •  
    This article talks about the Obama care and how individuals including employers and employees will suffer the tax that will pay in the future. It is estimated that about 20% of the tax will be paid by companies or employers and 80% will be paid by the employees. This payment would all begin in 2018, and by 2025 the government is expected to make about $105-Billion.
Chung H

Will the parties impose the cruellest stealth tax ever? - 0 views

  •  
    This article discusses the debate to whether the government should impose even crueler taxes and cut public spending to earn more money.
Bulatovic M

Palestine News & Info Agency - WAFA - West Bank Aggregate Demand down as Israel withhol... - 1 views

  •  
    This article reports the aggregate demand decline in Israel as well as Gaza strip, it relays thoughts of industrial firm owners who hope and expect an increase in the near future of a reduction in production costs due to oil prices declining, a very relevant topic as always is the price of oil.
  •  
    This article is about the West Bank overall economy has witnessed a decline in aggregate demand for the second consecutive month, mainly due to partial payment of public sector salaries, due to Israel's withholding of clearance revenues, according to the Palestine Monetary Authority.
Sinmaz S

Economic Issues That Increase Aggregate Demand - 1 views

  •  
    This article basically discusses what aggregate demand is. It also discusses the factors that make it up and how its a reflection of the economy.
  •  
    This article by Laura Acavedo talks about interplay of economic factors that help increase demand. The article starts by saying that understanding these factors are important for the growth and future of small businesses. The factors that the article views are Interest Rate Decrease, Decrease in Taxes, International Involvement and Government Expenditures. I think this article is quite helpful for us all, and I would advise everyone in this class to read it :)
1 - 20 of 20
Showing 20 items per page