Can congress distribute the burden of a payroll tax

Assignment Help Business Management
Reference no: EM131178223

Review "Can Congress Distribute the Burden of a Payroll Tax?" on p. 125 of Principles of Microeconomics.

Write a 5- to 7-page response (not counting the cover page and a references page) in which you address the following:

  • The current payroll tax is 7.65% on both employers and employees (as of 2013). Who do you think bears the economic burden of this payroll tax-firms or workers? Why? Using the tax incidence approach, support your answers using economic principles.
  • How does the economic burden shift when the unemployment rate is 5%, as contrasted to an unemployment rate of 9%? Explain. 
  • In your analysis, does it make any difference on this division of the tax burden between workers and firms if the government levies the tax on workers, levies the tax on firms, or divides the tax between the two groups? Why or why not?

Reference no: EM131178223

Questions Cloud

Evaluate the level of sox regulations that applies : Evaluate the level of SOX regulations that applies to for-profit and not-for-profit health care organizations, indicating whether or not mandating SOX requirements for non-profits might reduce fraud.
Compute the predetermined rate : Compute the predetermined rate assuming that Marine Components uses machine-hours to apply overhead. (Round your answer to 2 decimal places.)
What is the firm net working capital : (Working with the balance sheet) The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers for their superior flavor. Calculate Caraway's stockholders' equity. What is the firm's ..
Determine the gap between the cut ends : Equaland opposite forces P, with their lines of action perpendicular to the plane of the frame, are applied at the cut ends of the frame. Determine the gap between the cut ends (in the direction perpendicular to the plane of the frame).
Can congress distribute the burden of a payroll tax : Review "Can Congress Distribute the Burden of a Payroll Tax?" on p. 125 of Principles of Microeconomics. Write a 5- to 7-page response (not counting the cover page and a references page) in which you address the following:
How many dollars worth of the market-index portfolio : Suppose that JPMorgan Chase sells call options on $1.10 million worth of a stock portfolio with beta = 1.45. The option delta is .52. It wishes to hedge out its resultant exposure to a market advance by buying a market-index portfolio. How many dolla..
What caused the large accounting scandals : What caused these large accounting scandals and how were some of these companies able to "hide" the truth from their investors? What was there to gain for performing these acts of fraud and what were the consequences of the few?
Change in the market price : Discuss a change in demand resulted in a change in the market price. Provide an example of how a change in supply resulted in a change in the market price. How does the price mechanism work to keep markets in equilibrium?
How to get the team working effectively and more in harmony : BSBLDR502 Lead and manage effective workplace relationships. How to get the team working effectively and more in harmony with each other, showing how you have identified and tailored your own communication to meet not only the individual team member'..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd