Some people think that paying taxes is enough to contribute to the society. Others argue that being a citizen involves more responsibilities. Discuss both these views and give your own opinion. Give reasons for your answer and include any relevant examples from your own knowledge or experience. ...
Early last year, as the housing market was overheating, they simply ordered bankers to cut back on housing loans: then as home sales began to fall, they offered market incentives, like lower taxes on home purchases. In recent weeks they launched economic rescue efforts similar to those in ...
poor economic fortunes led to social unrest. The most famous example is Shay's Rebellion, a crisis in the 1780s that severely threatened American political stability. Farmers in Western Massachusetts were buried in debt thanks to policies like futile paper money and high post-Revolution taxes. Whi...
Why were the Intolerable Acts intolerable? Why are the Intolerable Acts important? Why were the Intolerable Acts created? Why did Parliament pass the Intolerable Acts? Why were New Yorkers especially angry with the Quartering Act? Why did the Quebec Act upset American colonists and why did ...
Shopping taxes and discounts are two calculations consumers need to understand. Learn the connection between math and shopping, examine examples and calculations for taxes and discounts, and review examples of tax as well as tax and discount calculations. Related...
000 and the wife is a homemaker. Under current law they pay the same amount of taxes, and I think Republicans are OK with that. If married people were free to file under the single person’s tax rates, then the family with two people each making $100,000 would pay less taxes than ...
Real estate buyers can be homeowners in next to no time, and reasonable prices for taxes, fees, and costs that contribute towards the buying process are also a fraction of what is seen in other countries. Given the fast process, one would think there are loopholes in the law for swindlers...
While most spinoffs are tax-free, there are some cases where they are taxable. When spinoffs are taxable, a company will sell the subsidiary outright either through an IPO or in a sale to another company. Because reducing taxes serves the interest of both the company and the shareholders, ...
The Scottish economistAdam Smithwas one of the first to question the wisdom of this arrangement. His "Wealth of Nations" was published in 1776, the same year Britain's American colonies declared independence in response to high taxes and restrictive trade arrangements.9 ...
A will is also helpful even if you have atrust—a legal mechanism that lets you put conditions on how your assets are distributed after you die and, often, minimize gift and estate taxes. That's because most trusts deal only with specific assets, such as life insurance or a piece of pro...