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.
With the increase to the tax paying base the taxes could also be lowered or reallocated to the increase of the standard of living in Canada. With the increased education and standard of living Canada would become a better place to live. If the Canadian government was to decriminalize marijuana it would have a small effect on the groups of law enforcement or the Canadian economy but the legalization would greatly affect the whole country. It would decrease some of the budget drains while increasing the budget through taxes and tourism. The legalization of marijuana even has the potential of not only getting Canada out of debt but possibly making us one of the richest countries on the earth.
Lowering taxes can also leave money in citizen’s pockets but it also takes away from the amount of money the government is able to use to stimulate the economy by spending. When the government increases spending it forces the demand to go up, if taxes were lowered citizens will still have the choice to spend
To begin with, raising the tax will bring in more money to the government from since demand is inelastic for cigarettes and people will keep on buying them. The extra amount of income could be used to help the well being of the country and to provide more public goods. Also, cigarettes are a demerit good, a good which is considered unhealthy or damaging in some and can be physically harmful to the consumer and other surrounding, so when price increases, demand will fall. Even if it is a small fall in demand, it is most likely to be for the young smokers to demand since they have less income than adults. If more young smokers quit, the healthier the next generations will be since smoking is a main reason behind a lot of health issues including lung
As a presidential candidate of the United States, I will bring back those companies and re-institute a stronger infrastructure that will make more costly to do business in the United States of America. This will build more jobs, and lower the unemployment rate, and at the same time it will re-establish our original foundation as an industrial power. In support of our economic restructuring, while doing business with foreign countries on imports and exports, we will raise the tax to lower the deficit so it is less of a burden for the American public. By raising the tax on imports and exports with foreign countries, free taxpayers in America will pay less in taxes. Also to re-establish our economy, I will institute that the United States of America to start reaping the rewards of the natural minerals from our bounty of combat scenarios.
Lower reserve requirements will result in more funds being available to loan out. This should, in turn, increase the rate of economic growth. Conversely, a higher reserve requirement will reduce the availability of funds and should slow economic growth. In this case, we need to increase our rate of economic growth in response to the recession, so I choose to lower the reserve requirement. The reason I would make this choice is to stimulate lending to businesses, reduce unemployment and increase household income so that the economy could then recover naturally.
Promotion Excess money stemming from a hopeful investor will allow there to be more funds for advertising and sales promotions which will in turn create more revenue through sponsors. The more financial benefits that the Rays obtain, the easier it will be to promote the team in the long run. However, for the short run, stadium promotions such as “hat night” or in game promotions such as raffle tickets for the fans and randomly selected seat upgrades should be implemented as a start to generate more overall
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
When companies can produce more due to demand they are able to hire more workers, which can lower the unemployment rate. Lowering the unemployment rate will provide more income tax revenue to the government and fewer citizens taking unemployment benefits. Conversely, when exports decrease consumers pay less money for products causing domestic profits to decline and companies are unable to maintain or increase their workforce causing the unemployment rate to
If John Lewistreins their staff it means that staff will have more skills and knowledge so wages should go up as well, but government is spending high procentige on NHS and schools so if the government will not pay more money for trained staff they will be looking for another job. Also the business might set higher targets for staff e.g tpo provide the best service to its customers,longer hours, cheaper prices, discounts, offers. More people will be interested. John Lewis is loceted in the hight street so its easy to find