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Similarities between a progressive tax and a regressive tax
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The system that government uses to raise money, to finance the country and to fund their activities for serving the public is called the Taxation. Taxation system has different types such as: the proportional tax, the progressive tax and the regressive tax. This research paper focus on the advantages of progressive tax system in which we believe that it is the best way of solution with respect to setting tax among families because this type of taxation obliges only a specific rate for every income tax bracket instead of the proportional tax system which uses latter’s fixed rate.
In the early days of the Roman Republic, public taxes consisted of moderate estimation on owned wealth and property. The tax rate under normal income rating was one percent and sometimes would climb as high as three percent in situations such as war. These modest taxes were put on against land, homes and other real estate, animals, personals items, slaves and monetary wealth. Taxes were collected from individuals and the more you had in property, the more tax you will pay. In the Philippines, the pre-colonial...
The United States should not annex the Philippine islands, the Philippines, already a country of their own should not be forced to adapt to American culture and civilization. Prior to the annexation of the Philippines, America had major conflict with Spain in order to free Cuba from their brutal tactics for dominance. Tension continued to rise, until President Mckinley decided to take action and go to war against Spanish forces to enable a more stable government as well as provide protection for the citizens of Cuba. After months of fighting, the Spanish admitted defeat and began discussing peace terms of the Treaty of Paris. In this treaty Cuba was guaranteed independence, also the Spanish were forced to give up Guam and Puerto Rico. They Spanish also complied to selling the Philippines to the U.S for 20 million. However, the Filipinos wanted independence, not just a change in who governed them, this desire led many Philippine citizens to break out, beginning the Philippine- American war, which lasted three years, and caused the death of over two hundred thousand American and Filipino citizens.
In addition, the current tax system in Texas us not beneficial because it is considered regressive. The tax system is regressive because it does not help in lessening the gap between the classes and it does not include beneficial characteristics. The Texas tax system will benefit from adding a personal income tax structure and proving personal income tax credits. If these changes were made to the current tax system, Texas will benefit greatly economically and socially because the wage gap between the lower classes and upper classes will decrease and more balance will be a
Would you like to have more money in your pocket? Most people believe that there will be more money in the packet if the worker’s paycheck is larger. Some people believe the solution is found in regulating the minimum wages paid to employees. There is a good reason you are earning more money, spending more money, but retaining less for personal use. There have been eleven recessions since the decade of the Great Depression beginning in 1929. We must do something about this national financial problem before it becomes a crisis. We may not recover from the next recession. This essay describes the attributes of the “Fair Tax” system, which many informed analysts will be in the best interest of the government of this country, and the people , who live here, especially you and your family. In this essay you will discover how we can alleviate the country’s major issues in financial management, enhance enforcement of immigration laws and improve the financial support of our education system. All this is proposed with change to just one government agency.
Over time, ever-increasing taxation placed a massive burden on the Roman people with the majority of these taxes falling on the poorest members of society. The plight of the masses slowly ate away at the foundation of the Roman economy, especially following the final division of the empire in 395. The Roman economy in the West simply lost the ability to function in the face of overwhelming exterior and interior pressures”. This shows that to the author of this article, the economy played one of the bigger roles in the collapse of the Roman Empire. It also shows that the failing of the military, and the economic downfall were linked, the military gradually declined, and thus so did the economy of
Both payroll taxes and income taxes are based on an employee’s wage or salary. The main difference between each tax is who end up paying the tax. Employers pay most of an employee’s payroll taxes while just the employee pays the income taxes. Both taxes end up coming from employee’s salary. Typically in America, employees end up paying more payroll taxes than they do income taxes. This paper is going to look at the differences between payroll taxes and income taxes and will also explain what “wage shifting” is and when it occurs.
While most Romans were willing to pay taxes, and even allow the tax farmer some profit, many of the tax farmers went way beyond what people expected. Many of them saw this as a way to get rich. Plus, since the tax farmer decided who got taxed and who didn't, you could bribe the tax farmer to make your taxes low or maybe tax your competitors out of business, or if you had enough bribe money, maybe both. If a Roman citizen didn't pay their taxes at whatever amount the tax farmer set, you and your entire family could be sold into slavery.
The government use of taxes plays a crucial role in today’s economy as well as personal finances, it has and will continue to leave its mark on the world we live in.
The purpose of this paper is to illustrate the layout of taxation. I will differentiate the types of taxes and the roles that they serve currently. Subsequently, I will explain what equity, efficiency, effectiveness and transparency (EEET) are and show how they apply to taxation as a whole. Lastly, I will conclude how the EEET applies to the four tax types.
The first inhabitants of the Philippines arrived from the land bridge from Asia over 150,000 years ago. Throughout the years, migrants from Indonesia, Malaysia, and other parts of Asia made their way to the islands of this country. In the fourteenth century, the Arabs arrived and soon began a long tradition of Islam. Many Muslims are still living in the Philippines today.
Taxation is a compulsory levy imposed on the income, value of goods and services of individuals, partners and companies by the government. It is can be said to be an approach of imposing tax on the citizen. This imposition of tax, is expected to yield income which should be utilized in the provision of both basic and substantial infrastructural amenities, both social and security, as well as creates conditions for the economic well-being of the society at large.
Section A: Plan of Investigation The main focus of this study is going to be the process of colonization of the Philippines and how the Spanish colonized the Philippines, primarily focusing on the customs and cultures. The pre-colonized and post-colonized Philippines will be discussed and compared with one another to determine the degree of change that occurred with the Filipino culture. The analysis of the information will explain how events that followed colonization erased aspects of the Filipino culture. Much of the information provided will be mainly a collection of scholarly books that describe the Filipino colonization in a contemporary perspective, such as Dolan and Francia.
Generally, textbooks, articles, and essays talk about America’s “occupation,” “supervision” or “intervention” in the Philippines. They seem to be afraid to use the word “colonization.” According to Webster’s Dictionary the definition of colonization is, “The colonial system of political government or extension of territory, by which one nation exerts political control over another nation, territory, or people, maintaining the colony in a state of dependence, its inhabitants not having the same full rights as those of the colonial power. The controlling power is typically extended thus by military force or the threat of force” (6). In his book analyzing Japanese Assimilation Policies in Colonial Korea, Mark Caprio makes a distinction between two different “levels” of colonialism: external and internal. He states that external colonization is what Hannah Arendt calls “overseas imperialism…where their indirect policy exerted minimal effort to forge political, social, or cultural bonds with the peoples under their jurisdiction” (2). Although this is the way the French colonized, the United States seem to adopt the British way of colonizing, which is Caprio’s second level of colonization or internal colonization. This is what Benedict Anderson describes as “inventing nations” (Caprio 2). It requires that the colonial power send ambassadors to impress its culture upon the colony through controlling things such as dialect, media, education, and military (Caprio 2). Caprio also mentions, “The decision to colonize, as well as the administration to administer the colonized, was based primarily on the needs and interests of the colonizer’s subject; those of the colonized object received minimal consideration” (2). Therefore, a colony serves...
The Philippines has long been a country with a struggling economy. Ever since World War II, they have struggled to have a steady government and labor system. Independence did not bring any social changes to the country. The hacienda system still persists in the country, where large estates are farmed by sharecroppers. More the half the population are peasants and 20 percent of the population owns 60 percent of the land. Although the sharecropper is supposed to receive half of the harvest, most of the peasant's actual income goes to paying off debts to the landowner. Poverty and conflict strained the industrial growth of the country with many Presidents trying to fix the problems, but failing to do so. Factors that have faced the country are there is almost 9 percent unemployment, and the country suffers from the consequences of a balance of trade deficit. With the resources that the Philippines have, they are capable of pulling themselves out of the economical hole they are in and being up to par with their successful neighboring countries.
The Philippine Revolution was a military conflict between the Filipinos and Spanish colonial regime that started in the year 1896. The Filipinos were growing exhausted of the Spaniards’ rule over them. A charismatic leader, Andrès Bonifacio, formed a ghost propaganda movement, The Katipunan, to battle the Spaniards for independence. The Katipunan leaders and everyone associated with the revolution all knew the risks of getting captured: dying and risking the chance at freedom. War and bloodshed was the only decision for freedom; it was necessary to gain independence from Spain. The Filipino people joined as a whole to overthrow their Spanish dictators. It was a long fought war that seemed to last an eternity but on Dec. 15, 1897, the pact of Biak-na-Bato was declared. Though it wasn’t the perfect deal for each side, the pact brought a temporary end to the Philippine Revolution. The Philippine Revolution was a frightening, but necessary action by the Filipinos to pave way to their independence from Spain.
For many years, Philippine politics have been viewed as a political disappointment as a result of graft, corruption, political dynasties, political killings and election anomalies. On the other hand, politicians are not by any stretch of the imagination to render public services but to learn fast and gain a self-advantage. This is exactly why it is particularly worth making all the required capital interests in looking for an elective position that is why governmental issues in the Philippine is an exceptionally productive speculation. This essay will explain why Philippine politics today is characterized by anomalies and controversies that result to high percentage