It was bad because “taxes not only raise revenue but they can regulate too.” For instance, if a government raised taxes on tobacco products, it will show the governments distastes towards tobacco and make less people buy it. If the companies were to say anything and try to fight the tax the government could say it was to raise revenue because so many people use tobacco products. This shows how important it really is
It affects people who are not even committing the action, but people who are near it. The soda ban should not official because of those bigger problems. Stated in ¨Soda´s a Problem But…¨ on page 288, ¨There are times when the government has to step in on obviously dangerous situations- especially those, such as smoking, that affect the people other than the person whose behavior would be curbed-... ¨ (Klein, 289)
Sin tax is externality taxes, which are known to be 'harmful to society’. Sin tax forces us to pay a penalty for purchasing alcohol and tobacco and aims to discourage harmful behavior. It is uncertain whether sin taxes are actually effective at discouraging harmful behavior. According to an article from classroom. synonym.com, "economists doubt that sin taxes greatly affect the behavior of most."
Many argue that an increase in minimum wage will help guide low skilled workers out of poverty and assist them into having a better career. That is not necessarily true, Many economists can agree that minimum wage jobs such as cashiers, host or a hostess are not jobs that meant to support a family. If anything by raising the minimum wage, it will put more people in poverty than guide them out of poverty. A raise in minimum wage will cause loss of jobs, an increase in the inflation rate, increase in
The writers address a paradox in their work, Taxing Sin – that is, in order to make revenue, the government depends on the public to purchase cigarettes in the first place (Williams and Christ). This defeats the purpose of cigarette taxes, which is to reduce smoking behavior. Meanwhile, evidence from CDC shows that the revenue made from cigarette taxes is barely used to fund public health organizations. This raises the question of whether cigarette taxes are authorized to increase public health or solely to generate revenue for the government. Because the purpose appears to be to generate revenue, Williams and Christ oppose the authorization of cigarette
Universal basic income is not a good way to deal with large scale unemployment because it will lead to a higher inequality, it undermines social cohesion, and it is financially irresponsible. Many people believe that UBI will lower poverty count, but I don’t believe that is the case. I think that UBI would take away from existing anti poverty measures that include: medical aid, food stamps, and child assistance, and only give those in poverty a lump sum that won’t be enough to cover life expenses. The biggest problem with UBI when it comes to poverty is that everyone
, he talks about how taxing directly in a per pound overweight fashion isn’t really ideal. People aren’t really going to be too thrilled with paying an extortion fee to the government based on their bodily weight. But the current method of indirect taxing through soda taxes isn’t influencing people to lose weight. “The state-level penalties now in place have turned out to be way too small to make anyone lose weight, and efforts to pass more heavy-handed laws
Which leads to the rebuttal of the argumentative piece, “Curiously, most members of Congress who take a hard line on immigration also strongly oppose increasing the minimum wage, claiming it will hurt businesses and reduce jobs” (Dukakis & Mitchell, 2006). Nonetheless the authors have an exception to this rebuttal, that is if “We want to reduce illegal immigration, it makes sense to reduce the abundance of extremely low-paying jobs that fuels it. If we raise the minimum wage, it’s possible some low- end jobs may be lost; but more Americans would also be willing to work in such jobs, thereby denying them to people who aren’t supposed to be here in the first place” Assuming that most american citizens are going to work, they would take up all the jobs provided out there, assuming that the minimum wage went up and they would be payed better (Dukakis & Mitchell,
The country was trying to control America’s alcohol problems by law. The ban on alcohol worsened America’s alcohol problem, in fact, it did quite the opposite of its intention. All caused by prohibition, America had an increased crime rate, death rate, and to top it off, America was losing slathers of money.
On the other hand, inflation rates have a negative effect on the growth of the advertising industry. Inflation rates affect the prices of goods and services which also affects the purchasing power. If the purchasing power of the consumers decline, manufacturing industries will experience low returns. They will shift the burden to the advertising industry by reducing investment in the industry and therefore affecting growth. The other economic factors also affect growth in one way or another (FME, 2013).
In his comments, Reagan says Carter has misrepresented the evidence because he has not provided context on government spending in California . Carter fails to provide evidence for how his new policies will decrease inflation . Reagan’s claim that inflation rose sharply under Carter is supported by the data. Reasons and evidence that Reagan uses to support his argument include the increase in inflation rates and the number of jobs lost . The reasons and evidence that President Carter use to support his argument include the decrease in inflation rates and the number of new jobs created .In
First, legalizing alcohol would decrease social problems. Since people have to pay for alcohol, there would be les smuggling. This means that fewer people would be getting their hands on alcohol. This would also prevent people from getting rich by selling alcohol. So cause of this the government
I do not believe that it will be beneficial for the United States to pass a minimum wage policy that puts it over the poverty line. Basically, this will dive the prices of products up so companies can manage profits. Additionally, the demand for products will additionally drop because of the rise in prices. Since the demand for products will be dropping, this will lead to less money in the business owner’s packet, which can lead to job losses. Even though the minimum wage workers will have more money on pay day, the rise of goods will cause inflation, and they will still not be able to afford anything.