We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Benefits of Lower Taxes - Admission/Application Essay Example

Comments (0)
This paper "Benefits of Lower Taxes" throwes light upon the benefits of reducing the tax, a comprehensive analysis of how it can impact the lives of individuals will be presented in this paper. Hence it becomes imperative to pay tax in time. …
Download full paper

Extract of sample
Benefits of Lower Taxes

Download file to see previous pages... Lowering the tax will benefit the lives of hundreds of thousands of people all across the globe. Some people are very bad at financial planning and hefty tax can break them down within no time. Lowering the tax will provide a lot of relief to such people. People with majuscule family find it really hard to pay tax and lowering the tax will help such people immensely. The needs of human beings are constantly on the rise and it is high time to reduce the tax, even a small reduction will be much appreciated by people all across the globe. The money saved can be spent on countless things, for instance, that money can be used to buy a small automobile, a family that has 4 members but have no proper means of conveyance will surely benefit from the reduction of tax. This will also make several people who have two wheelers less vulnerable to accidents. When they buy a small automobile, they will become much safer than earlier.“Federal funds cover the expansion for three years but phase down to 90% by 2020, requiring Ohio to spend around $2.6 billion on the Medicaid expansion by 2022, state estimates show.Republicans in the legislature refused to include the expansion in the state's new budget. Mr. Kasich continues to fight for it.” Reducing the tax will encourage the practice of investing in the people. The stock market is a very good area to invest in. This is a very good time to invest because the recession has brought down the value of several companies that are ought to bounce back. Money invested in stock market will stimulate the economy of a country, lowering the taxes will have several other benefits too. Real estate is another glorious prospect, money saved can be out into real estate and the value of land has depreciated a lot because of recession, it is ought to rise in the near future. Mutual funds are another lucrative option and there are several other options that an individual can invest in and make a fortune. Once the practice of investing is inculcated among the individuals then there is no stopping the economy of that particular country. The economy will inevitably witness higher growth than ever. Lowering the tax will significantly improve the standard of living of the people; they will no longer have to sit calculating what fits in their budget and what doesn’t. The demand for luxury goods will go up and so will the prices, this whole scenario will improve the lifestyle of the people and it will also promote the habit of saving and investing in them, what more can a government ask of its citizens. There will be prosperity in the country and the same will motivate the people to work very hard, this will again work in the benefit of the economy. For instance the people in Japan are believed to work the hardest when compared to the people in any other country, this is the only reason why Japan is way ahead when it comes to innovation, similarly lowering the tax wi ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Fiscal Policy: Government Expenditures and Revenues, Budget, National Debt
Revenues are an important component in a government budget. The extent of government spending in a fiscal year is planned according to the revenues generated. Under such a scenario the sources of revenue for the government becomes a crucial thing. The sources of federal revenues are “individual income taxes, social insurance (payroll) taxes, corporate income taxes, excise taxes, estate and gift taxes, remittances from the Federal Reserve, customs duties, and miscellaneous fees and fines.” Out of the above it can be unambiguously stated that personal income tax is the largest source of government revenue, accounting 45 percent of the total revenue.
4 Pages(1000 words)Admission/Application Essay
What factors to be considered while setting the price for setting the price for city Zenn? Costs: If the rate does not include enough margins “to break-even, you’re heading for trouble. The best thing to do is sum up all your costs and divide by the number of hours you think you can bill a year.
5 Pages(1250 words)Admission/Application Essay
The benefits of using the Smart Phones
Smartphones have additional features such as online gaming, online video watching, route tracking, GPS system and several other added features which differentiate it from other usual mobile phones and are more preferred than mobile phones. There are different kinds of smartphones in the market which are produced by different mobile manufacturers such as the Android which is produced and sold by Google and iPhone which is produced and sold by Apple Inc.
7 Pages(1750 words)Admission/Application Essay
Foreign Investment Decisions - How To Optimize ROI in Equity and Bond Markets
Foreign direct investments have been developed to avoid regulations on insurances and reserve that also prove to be beneficial for businesses. Facilities for production have also become flexible with FDIs, leading to the growth of MNCs (Levi, 2009). Some of the issues encountered by MNCs include juridical problems related with laws, and taxation; status problems; problems as a legal entity; problems with its characteristics, management and transfer pricing; problems with international economy and politics, these involving factors like risks with exchange rates; and differences in the historical backgrounds of different countries thus creating cultural and ethical differences and problems for
8 Pages(2000 words)Admission/Application Essay
Nutrition Benefits
Some people get more exercise than other people, or they have health problems that mean they should eat certain foods and not eat certain other ones. Americans will sometimes use the Food Guide Pyramid to figure out what they should eat. The Department of Agriculture
3 Pages(750 words)Admission/Application Essay
The Health Care in American
es agree too many individuals and families are uninsured or underinsured and that health care costs are higher than necessary but Republican and Democratic lawmakers disagree on the solution. The recent cloture vote along strict part lines in the US Senate clearly illustrated
3 Pages(750 words)Admission/Application Essay
Anti-copper Therapy among Pregnant WomenCan Lower the Risk of Wilsons Disease in Their Children
This autosomal disease is really recessive and it is a consequence of copper toxicity, basically affecting the liver and brain. As a result of ATP7B gene mutations, it creates
9 Pages(2250 words)Admission/Application Essay
Currently many forms are making use of some remarkable vehicles to reduce taxation on their incomes. For example, whole life insurance is one of those vehicles which contract many tax benefits, i.e. if one doesn’t withdraw interest or gains, and then no
1 Pages(250 words)Essay
Short answer
A country can decide to give floating currency in order to amend external shocks brought about by the exchange rate. Those countries which have fixed countries encounter pressure on their wages and prices thus the need to fix their exchange rate. In the IS-MR-PC Model
2 Pages(500 words)Admission/Application Essay
Benefits and Services
Skilled employees are appointed and then with proper and continuous training the employer optimizes their talent resources as
2 Pages(500 words)Admission/Application Essay
Let us find you another Admission/Application Essay on topic Benefits of Lower Taxes for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us