Top-Rated Free Essay

Intro

Good Essays
Topics: Tax, Taxation
Dela Cruz, Jenny E.
III-Socrates
Project In Mapeh

Part 1- Background of Myself

I am Jenny Dela Cruz, a 14years old daughter of Mrs. Nenita Dela Cruz and Mr. Agapito Garcia. I was born in Fabella Hospital on the day of March 24, 1998.My father died last December 25,2006 cause of colon cancer.After my father died,we transfer in my mother’s province in Ilocos Sur.I studied theis from grade5 to 1st year school high school.marche 24,2011 my birthday, mother died cause of stroke.My tita(sister of my mother) accompanied me when graduated grade 6 on that year.I expect that my mother will recover but shuttering happens.Then my grandmother take care of then I back to Manila to study here.And im a Junior student Brainshire Science School in thesection of Socrates and Sir Eric Rivera is our class advicer.And now, I live in 419 Quirino Avenue Baclaran Paranaque City.

Part3- What is Syntax Bill?

For various reasons, state governments--and sometimes the federal government--impose high excise taxes on certain goods and services generally deemed undesirable by society. Politicians typically target cigarettes and liquor for this type of taxation, which exceeds normal sales tax rates, though the type of product or service susceptible to sin taxes is subject to expand. In 2010, the federal government imposed a 10 percent tax on indoor tanning bed services to help pay for the Patient Protection and Affordable Care Act. In the same year, several states responded to studies about the negative health effects of soda by imposing or considering the imposition of sin taxes on soft drinks. Politicians justify these taxes by saying they address public health concerns, though tax lawyer Peter L. Faber is one of many critics who see them as politically expedient ways to raise money.
If a tax hike or the imposition of a new tax affects all or most of the populace--such as a rise in income tax rates--the political consequences are greater than if the tax is just on cigarette smokers or gamblers. "No one can get mad at you for taxing people who drink too much," Faber told the "New York Times," referring to sin taxes on liquor.
Some politicians claim the purpose of sin taxes is to discourage consumers from engaging in the "sin." They reason that if cigarettes, liquor, gambling and other sinful behaviors are more expensive, people will be less likely to engage in them. However, Urban Institute senior fellow Kim Reuben points out that the government has no financial interest in decreased consumption, telling the "New York Times," "If it's actually effective in changing behavior, governments lose that revenue source and have to figure out what else they can start taxing."
"Forbes" magazine says another justification for sin taxes involves the costs associated with the sin. Cigarette smokers, for example, pass the health care costs of their habit on to the rest of the society if they can't pay their medical bills. W. Kip Viscusi, a law professor at Vanderbilt University, questions this logic, pointing out that smokers who die young don't collect Social Security benefits, which could offset the costs of getting sick and dying.
A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. These type of taxes are levied by governments to discourage individuals from partaking in such activities without making the use of the products illegal. These Sin taxes are typically added to liquor, cigarettes and other non-luxury items. State governments favor sin taxes because they generate an enormous amount of revenue and are usually easily accepted by the general public because they are indirect taxes that only affect those who use the products. When individual states run deficits, the sin tax is typically one of the first taxes recommended by lawmakers to help fill the budget gap.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Intro

    • 256 Words
    • 2 Pages

    short I am writing a poem instead Intro. Essay is too short This isn't an essay It's a poem Intro What else am I supposed to say Boredom kills This is a really bad essay It's a poem Intro Essay still is too short I need to make it longer If only they knew It's a poem Intro C'mon! Already Submit my work This is so annoying Intro Essay remains Too short So what is my essay is short It's a short essay No it's not It's a poem Intro God damn it I'm getting aggravated…

    • 256 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Intro

    • 646 Words
    • 3 Pages

    Christian Romano CHMN 201 July 5, 2013 Spiritual Gifts Paper PART ONE: What are your top two spiritual gifts? Do you agree with the results? Why or Why not? My top two spiritual gifts are; Evangelist, Pastor/Shepherd. I agree with the results because I have grown up in church I was a nine month before birth in the church kind of child. There have been many people I look up to. One person I really look up to is my youth pastor. From my tenth grade year I had this youth pastor. In my eleventh…

    • 646 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    intro

    • 1897 Words
    • 8 Pages

    Introduction An abortion is the medical process of ending a pregnancy so it does not result in the birth of a baby. It is also sometimes known as a 'termination' or a 'termination of pregnancy'. Depending on how many weeks you have been pregnant, the pregnancy is ended either by taking medication or by having a surgical procedure. An abortion is not the same as a miscarriage, where the pregnancy ends without medical intervention (although medical treatment may be needed after a miscarriage)…

    • 1897 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Intro

    • 627 Words
    • 3 Pages

    1. Introduction Piso Net is basically a merge of PC rental and Arcade rental services wherein customers can pay the services by inserting coins to the machine. This machine has been making quite a buzz in the city since early 2010, but it’s not only until recently that the enterprise got the attention of business-minded folks. Piso Net is indeed a viable source of extra income especially in an area occupied by many people who are possible customers of this kind of business. However, there…

    • 627 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Intro

    • 818 Words
    • 4 Pages

    Valuable Experience Gained During the Training Period The valuable experience that I gained during the training is when we are in the furnace of the boiler where the combustion takes place. The furnace is a internal parts of the boiler so we are taking the advantage to see what’s inside the boiler. We saw the generating tubes, bunker fuel injector, grates that we need to fix because of mis-alignment of the grates base. Grate is use for de ashing to avoid clogging up of the boiler. The second…

    • 818 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Intro

    • 1155 Words
    • 5 Pages

    Problem Solving & Programming (Assignment 2: Programming (Java)). Due for Issue (week commencing): Monday 19/11/2012 Date for Submission: Sunday 21/04/2013 23h59 via NILE Agreed Date for late submission: Module Tutor: Signed: Gary Hill Student Name: Student ID: Ana Maria Nae 12401903 Assessment Feedback Aspect (& weighting) Excellent A Very Good B Satisfactory C Needs some more work D Needs much more work F Introduction, Problem Specification (0.5):…

    • 1155 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    intro

    • 372 Words
    • 2 Pages

    Department of Food Science Faculty of Agrotechnology and Food Science Universiti Malaysia Terengganu Laboratory Report STM3112 (Instrumentation in Food Analysis) LAB 3: Texture Analysis ny TA.XT Plus Texture Analyzer Group: Group 6 Practical Date: 2nd October 2013 Group members: No. Name Matric Number 1. Nur Fateha Bt Bakry UK 25419 2. Nur Fathiah Bt Fauzi UK 25427 3. Kueh Wern Chjing UK 24990 4. Nur Farzana Bt Abd Kahar UK 25086 5. Nur Hidayah Bt Lokman UK 26423…

    • 372 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Intro

    • 1320 Words
    • 5 Pages

    DEVELOPMENT AND EVALUATION OF AN INFORMATION SYSTEM FOR BARANGAY ANDAL ALIÑO, TALAVERA, NUEVA ECIJA A Thesis Presented to The Faculty Members of NUEVA ECIJA UNIVERSITY OF SCIENCE AND TECHNOLOGY Municipal Government of Talavera NEUST North Academic Extension Campus In Partial Fulfillment of the Course Requirements for IT 16: Research 1 for Degree of Bachelor of Science in Information Technology By King Edward M. Dizon Joyz Keith B. Ferrer Ronny M. Julian October 2014…

    • 1320 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Intro

    • 1840 Words
    • 8 Pages

    Introduction Ryanair Ltd is Irish low-cost airline company. Its headquarters is located in Dublin Airport, Ireland and it has another secondary base in London Stansted Airport. There are many reasons for the success of Ryanair but the most prominent aspects are low cost ticket prices and easy convenience to fly to most destinations in Europe. The low cost airlines are highly competitive market. Furthermore, Ryanair is one of the market leaders and most profitability in this market sector. It has…

    • 1840 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    Intro

    • 262 Words
    • 2 Pages

    Financial Accounting Principles Name: ___________________________ Quiz 3 Worth 30 Points 1. A machine was purchased for $37,000 and depreciated for five years on a straight-line basis under the assumption it would have a ten-year life and a $1,000 salvage value. At the beginning of the machine's sixth year it was recognized the machine had three years of remaining life instead of five and that at the end of the remaining three years its salvage value would be $1,600. What amount of depreciation…

    • 262 Words
    • 2 Pages
    Satisfactory Essays