income taxes, mergers and government regulations
Not what you're looking for?
Hi, I have homework need help getting it done. I have pasted the three questions to be answered.
Thanks
----------
Question 1: Does your state have a state income tax and/or a state sales tax? If yes, how does the tax rate compare to other states? If no, what other revenue sources does your state government rely on for funding? (I live in California )
How can the state or federal government use taxation to implement a social policy? Please give an example.
Question 2: Discuss one prominent anti-trust case or merger. Why was the anti-trust case prosecuted or the merger executed? What was the outcome?
What is typically the effect of a merger in an industry on its consumers?
Question 3: This week we discussed the effects of taxes and government regulation on consumers. Economists are often asked by government agencies to conduct studies concerning the likely results of their policies.
Give an example of a public policy problem and apply the cost-benefit analysis technique to it. What other considerations may be taken into account in order to make a decision on the implementation of the policy?
Purchase this Solution
Solution Summary
This answer provides you an excellent discussion on income taxes, mergers and government regulations
Solution Preview
Question 1: Does your state have a state income tax and/or a state sales tax? If yes, how does the tax rate compare to other states? If no, what other revenue sources does your state government rely on for funding? ( I live in California )
How can the state or federal government use taxation to implement a social policy? Please give an example.
The state of California has a state income tax. There is a personal income tax and a corporate income tax. The state and local government collected $4,517 for every state resident in the year 2006 for which figures are available. This is above the country average of $4,001 per capita for the same year. We can conclude that the tax rate is higher than the national average.
The state and the federal government uses taxation to implement a social policy by funding the social policy from the taxes collected. The revenues fund social programs that are created under the policy. Similarly, when the Federal Government imposes taxes on the people, the revenues of the Federal Government increase. This increase is used to fund social policies direct under Federal Programs or the funds may be used to part sponsor State Government programs.
One example: There are several programs that is funded by the State Government of California through the California Department of Social Services. The Department employs more than 4,000 employees for supervising and ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
- "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
- "Thank you kindly sir. "
- "Excellent and well explained. --Thank you kindly. "
- "Awesome notes. I appreciate you."
- "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.