User Account

All Pages

Present progressive tax structure in the united states

Assignment Help Finance Basics
Reference no: EM131412144

There are a number of taxation rate structures in use in various countries in the world. For citizens residing in the United States, a progressive tax rate structure is applicable presently. In addition, there are many adjustments in the form of deductions and exemptions that affect an individual's income tax owed for a given period. Further, there are a number of sales and property taxes applied to certain purchased goods and real estate in the United States; primarily, these are levied by states. However, periodically the case for instituting a flat-rate tax is argued in Congress.

Write a 5-page report comparing the advantages and disadvantages of both the present progressive tax structure in the United States and the potential adoption of a flat-rate tax structure. Under which structure would more constituents be likely to evade taxes? Support your assertions with three reputable academic resources.

You may want to refer to the rubric to ensure that you are including all assignment criteria in your submission.

Reference no: EM131412144

Questions Cloud

Explain the factors contributing to the rising number : HE362W Explain the factors contributing to the rising number of uninsured in the USA and Make inferences-how is this relevant to health and healthcare
Changing a printer cartridge-filling mechanical pencil : Choose a simple office procedure of 20 or fewer steps (e.g., changing a printer cartridge, filling a mechanical pencil, adding dry ink to a copy machine, adding paper to a laser printer). Then write a simple set of instructions for this process in th..
What is the optimal hedge ratio : The company chooses to hedge using the heating oil futures contract. The standard deviation is 4% for heating oil futures price and 5% for jet fuel price over the 3-month period and the correlation between jet fuel and heating oil futures price is..
What systems are in place that would prove beyond doubt : Mark Weinberg is quite correct in asking if the budget of $500,000 for an advertising campaign could be streamlined, what systems are in place that would prove beyond doubt that a cheaper campaign would have less impact on sales?
Present progressive tax structure in the united states : Write a 5-page report comparing the advantages and disadvantages of both the present progressive tax structure in the United States and the potential adoption of a flat-rate tax structure. Under which structure would more constituents be likely to..
Develop a security policy for a mobile device : You learn more about security policies in Chapter 13, but in this project you summarize research that would help you prepare to develop a security policy for a mobile device.
Success factors of the financial services industry : What are the key success factors of the financial services industry (not particular but the entire industry)? Are these key success factors the same for commercial banks and credit unions? Why or why not?
Representative from greenleaf investments : A representative from Greenleaf Investments has offered to purchase all the payments from you for $25 million. The interest rate is a 9 percent APR compounded daily. Assume there are 12 months in a year, each with 30 days. Should you take the offe..
Planning a wireless network site survey : Prepare the presentation, and then submit your work to the instructor or present your work in class.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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