First of all, the government would be very pleased with the increase in the increase in taxes of cigarettes since the more people pay, the more taxes the government will collect. That way, the government will have a much higher income as a result of this price rise. On the other hand, consumers will not be pleased by this price rise since the will have to pay much more to buy the product, which means less of their total income. So overall, in the short-run, the tax rise is a very good thing whereas the total income for the government increases, allowing the government to improve the entire well being of the country and provide more public goods and owners make a higher profit. However in the long-run, this price raise is not enough to make people quit smoking so since cigarettes are a demerit good, it will have a negative effect on the environment and it will increase the number of health issues from second hand smoke, not to mention the high unemployment rate and less taxes for the government.
In the period 1783 to 93 William Pitt was involved in many different reforms, in areas of finance, administrative and commercial. These were crucial in some way and contributed to Pitt trying to bring about a national revival in Britain. The American War of Independence had had a serious affect on Britain, by ruining government finances, due to the costs of war and the disruption to trade caused by the war. The main problem facing Pitt was the national debt; it had rose, by 91%, to £250 million, with the government expenditure exceeding income by £10.5 million per annum. In addition the interest on the debt alone was £9 million per year.
A couple of pros for e-cigarettes includes saving money and less of a health risk. A few cons when talking about the debate of e-cigarettes includes governmental regulation and battery issues with some devices (which can be a major health care concern). Saving money is a huge discussion when talking about e-cigarettes, in many cases individuals may decide to try an e-cigarette because of the amount of money that can be saved over traditional cigarettes. If an individual went directly to using an e-cigarette, the start up cost can be a little pricey but can save an individual so much money. There is a huge possibility that an individual that has decided to use e-cigarettes could save close to $2,000 a year however this would depend on the amount of e liquid, batteries and accessories that are purchased through out the year.
A merger would best be used in this situation since it will help lower his taxable income and he can improve his operations and competitiveness. If he feels that the investment in new manufacturing equipment will help increase profits and can take on the extra liability, then he should buy Smithon. His debt –to-equity ratio will rise and may cause him to have a hard time getting money to finance his company. But with a two year loss he is keeping his taxable income down and may be able to show investors that things are going to turn around when all operations are working together and
Compared to the how things are now, I only believe that the United States will only benefit from legalizing marijuana. This will help build the economy and maybe help us get out of debt. It will lower the incarceration rate, which will also help build the economy. So much money, which that will gained from legalizing it marijuana. All that money can be taxed and help-out America.
Monetary policy is the use of interest rates to manipulate the level of aggregate demand in the economy and loose (expansionary) monetary policy is a reduction in the interest rates. This will result in an injection of extra consumption because it is cheaper to borrow money on credit cards and therefore allowing consumers to spend more which will cause an increase in aggregate demand (AD). Additionally, extra consumption will allow shops to gain more profit preventing “business failures.” Furthermore, mortgages will be cheaper and therefore consumers feel richer and there will an extra injection of consumption. AD will also increase due to an increase in investment, causing an increase in aggregate demand from AD1 to AD2 as shown below. However,
To the extent that this business activity pulled in spending from persons in other states, the measure would result in a net increase in taxable economic activity in the state” (Brown 15). Our state can not only receive income from selling marijuana, but also can make revenues from other related business activities. Making money from legalizing marijuana might be a way to assist our state to overcome the finical crisis in recent years. Legalization of marijuana can also save the cost on supervising marijuana criminals. Every year our state has to spend a large sum of money on supervising marijuana because it is illegal.
While, CVS will lose an astounding 1.5 billion dollars annually, they are not worried about that, because they are improving the quality of their stores and it highlights that they are focused on the well being of their customers Also, by CVS making this bold move it shows they care more for their customers then they do about a popular product making money. While CVS is not the first franchise to stop the sale of tobacco products, they are one of the first pharmacies to stop the sale of tobacco products. This is not only a huge step for CVS but, this potentially could lead to other big name pharmacies to follow in CVS’ footsteps. Finally, CVS has got the approval of the most significant person, President Obama. In an article written by Elizabeth Landau, from CNN, President Obama calls CVS’ halt on tobacco
8/21/2014 Diagnostic Assignment Is smoking really all that bad for adolescents? Some say that it does not affect the teenagers because they will stop before they are 20, however, that is not the case. Once you start smoking it is almost impossible to stop and you have already infested your lungs with the puffs of smoke. The moment the tobacco enters your lungs you are putting your health in danger. Lung cancer, bronchitis, and heart diseases are all effects of smoking tobacco.
Mr. President. You asked me if teenagers smoking weed was a problem in this nation. My answer would be yes most teenagers want to try everything before they grow old at least once. People say that it is okay to try it once, but that is completely the opposite because you could get addicted from the first smoke I think there are about 10% that get addicted after the first smoke. Weed is also almost advertised more than cigarettes these days without you knowing it.