Reference no: EM13818607
State Economy and Financing State Government Assignment
Texas prides itself on being a low state. There is no question that Texas' current economic success is at least partly due to its relatively low tax burden. Many companies - and workers - relocate to Texas to avoid high business taxes and personal income taxes levied in other states.
In this recent article, the New York Times quotes Louisiana governor Bobby Jindal: "You go to Dallas, you go to Houston, and there are entire neighborhoods that are filled with our neighbors from Louisiana." The jobs are there, he argued, because Texas does taxes right. The Washington Times agrees, noting about 225,000 people move to Texas from California each year to escape that state's high taxes.
On the other hand, your textbook argues that the lack of a personal income tax makes it harder for Texas to get its fair share of federal grant money, much of which is distributed based on formulas that favor high-tax states. Of non-federal sources, a lot of state revenue comes from the sales tax, which - despite exemptions to favor the poor - is considered regressive.
Write a 3 page essay explaining Texas' tax system. Tell your reader the state's important sources of revenue, and discuss the advantages and disadvantages of our current system. Finally, if you were a Texas legislator, what changes, if any, would you favor in our state tax system?
|
Horizontal analysis of income statement and balance sheet
: Prepare a three-year horizontal analysis of the income statement and balance sheet of your selected company. Discuss the importance and meaning of horizontal analysis. Discuss both the positive and negative trends presented in your company.
|
|
Common law or the uniform commercial code
: Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why.
|
|
Would you trust an external provider with organizations data
: Would you trust an external provider with your organization's data? Why or why not? What would be needed to raise your trust in the reliability, security, and privacy of the data?
|
|
Positioning strategy for marketing the new product
: Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market. Briefly describe the product. Then develop the segmentation, targeting, and positioning strategy for marketing the new product
|
|
State economy and financing state government assignment
: State Economy and Financing State Government Assignment
|
|
Why is branding especially important for the success
: Why is branding especially important for the success of a new product upon which a new venture is based? Imagine you are in the market for a new cell phone, car, or appliance. Why are you willing to pay more for certain products when most have ver..
|
|
Process of becoming a mother for teenagers
: Your research topic is, The helpers perspective on the process of becoming a mother for teenagers
|
|
What is the importance of change management
: What is the importance of Change Management? How will you effectively manage the change in your organization? What kind of hurdles will you encounter and how will you overcome them?
|
|
What would be needed to raise your trust in the reliability
: Would you trust an external provider with your organization's data? Why or why not? What would be needed to raise your trust in the reliability, security, and privacy of the data?
|