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Do you feel eliminating income tax and applying a consumption tax will broaden the tax base? Why, or why not? What is one thing that you have learned about public finance and budgeting that you want to make sure you carry forward into a career in public...
In June 2018, the U.S. Supreme Court ruled that states can force large online retailers to collect sales tax from customers, even if the retailer does not have a physical presence in that state. Do you think sales tax should be collected on internet purchases? Why, or...
Currently, close to half of all taxpayers enjoy an effective federal tax rate of 0%. In contrast, the top one percent of taxpayers contribute more federal income tax revenues than the bottom ninety percent of taxpayers combined. Should there be a minimum federal tax...
Choose a U.S. company with a foreign subsidiary on which to base your discussion. Reflect on the company, the concepts in the unit, and the current economic environment in which the subsidiary operates, and consider the current and historical exchange rate. Imagine...
Many managers do not understand the various ways that interest rates can affect business decisions. For example, if your company decided to build a plant with a 30-year life and short-term debt financing (renewed annually), the cost of the plant could skyrocket if...
Discuss which type of pricing (cost-plus or target costing) that you feel would be more accurate in determining the selling price for products as it relates to your future career.Your journal entry must be at least 200 words in length. No references or citations are...
