U.S. And Swedish Trends In Tax Reform
.... support. This support was made
possible by two features of the act. The first was that federal income tax
rates were to be cut dramatically. While this would lead one to believe that
federal government receipts were cut substantially as well, it was the second
important feature of the bill that allowed it to be revenue neutral. This
feature was that the bill was to improve horizontal equity in the tax system.
This would be accomplished by eliminating many of the deductions that many
individuals, particularly the well to do, were allowed to make.
Many of the complains about the tax system in the United States that
preceded t .....
|
|
U.S Auto Industry's Market Share And Fluctuations
.... more fuel
efficient, less expensive, and often more reliable than their American
counterparts. General Motor's market share dipped from nearly 44% in 1973 to
below 30% in 1985. In response to this sudden drop in its share of the market GM
founded the Saturn Company. Saturn produces compact cars very similar to
Japanese imports at competitive prices. This response halted GM's declining
share of the market. Today, General Motors maintains about 30% of the market.
General Motors was the first large auto company to begin research on alternative
fuel sources and continues to lead the way. Some developments of this research
include the .....
|
|
The Forever Changing Economy
.... look forward and see
there's going to be some profit made from their production, they'll make
decisions to increase volume, usually hiring more people, buying more materials,
often bidding up their prices. When people are competing in the same market,
that tends to generate more and more pressure in the direction of expansion.
But at the same time, as costs and possibly interest rates rise, pressures begin
to operate in the other direction, against profits.(cite 1) The public as a
whole must get their fair share of the benefits. Macroeconomic reforms should
translate into a more efficient delivery of public services, equit .....
|
|
The Used Car Industry
.... find themselves out of luck. Another downside may
come as more people continue to saturate the market, looking for used cars to
buy, the resources available will become scarce. An increase in used car prices
may gradually start to rise. As the figures indicate, for now consumers seem to
be content with taking this risk. Sales for used cars and trucks last year
totaled at 15.1 million(going on your article's figures).
The auto industry has been busy changing and evolving to answer consumer demands.
One of these signs has been the growth of large auction houses that are
appearing all over the country. Big investors are attracted .....
|
|
Virtual Banking
.... when and where they wish...this means
anywhere, at any time." Statistics show that ATM's, telephone banking, and home
banking account for over fifty percent of all banking transactions today, and
total non-branch activity is growing at fifteen percent a year. In one survey
(Web-Tech, Inc., May 17, 1995), eighty-two percent of 18- to 34-year olds polled
preferred banks with 24-hour service.
Customers are also demanding a more sophisticated mix of products
tailored specifically to their financial needs, and non-bank competitors are
better fulfilling these needs. Banks today hold only 20% of household financial
assets, versus 3 .....
|
|
Why Are Gasoline Prices Going Up So High?
.... This means that gas prices should logically go
up. It's the basic law of supply and demand. It's true that more Americans are
driving, but the gasoline suppliers still deserve to get paid fairly.
And what about inflation? Well, when you take inflation into account, the price
for gasoline is less now than it was forty years ago. Just another example of
how Americans are spoiled brats.
According to Charles Krauthhammer of the May 6, 1996 issue of the Washington
Post, increases in gasoline prices aren't as simple as supply and demand. He
feels that there are short run and long run reasons for the increasing prices.
On the s .....
|
|
Why Is Monopolies Harmful And How Can Regulation Ameliorate These Harmful Effects?
.... however, the price would be Ppc and
output would be Qpc since under perfect competition P=MC=AR. The price in such a
situation would thus be lower than under monopoly and output would be greater.
Consumers obviously benefit if this is the case since P=MC implies P=Marginal
utility so that consumers are maximising their total utility(Under monopoly P>MC
and therefore arguably, not the optimum).
In the long run under monopoly, supernormal profits persist. Under perfect
competition complete freedom of entry leads to the elimination of these profits
and forces firms to produce at the bottom of the long run average cost curve.
U .....
|
|
What Are Five Factors Which Contribute To The Failure Of New Restaurants?
.... year, and a final third of those remaining would fail in
their third year. As a result, there is about a 90% compound failure rate over
the first 3 years of a restaurants lifespan. (Mullen & Woods, 61)
You are not alone if you feel intimidated by the numbers. They can be
quite blunt and negative which attributes to one simple fact - it takes planning,
research and risk to venture into the restaurant world. There are five major
factors which can lead to success or, in this case, failure of new restaurants:
capital, type of establishment, location, labor and management.
In order to start any business, an entrepreneur n .....
|
|
Women Executives
.... 125 years. (The Feminist Majority Foundation News Media
Publishing Inc., 1995)
In 1980, only one woman held the rank of CEO of a Fortune 500 company. This
woman came into the top management by inheriting the company from her father and
husband. In 1985, this executive was joined by a second woman who reached the
top - by founding the company she headed.
Even though the newspapers are reporting that women have come a long way
and are successful in the corporate world, women are banging into a "glass
ceiling" that is "so subtle that it is transparent, yet so strong that it
prevents women from moving up the corporate hier .....
|
|
Work
.... terms in her poem "To Be of Use." To Piercy, hard
workers who really persevere are admirable because of the fact that the world is
full of temptations to stop working, or to not work altogether. This admiration
for determination is apparent because work is as "common as mud," and it must be
done sometime (Piercy 242-243). Wendell Berry, an English teacher at the
University of Kentucky, explains the basis of the desire to work in his essay
"The Joy of Work." In response to the prediction that there will be no work in
the future, Berry emphasizes the importance of work to human nature. He
explains that people do work because of .....
|
|
Deficit Spending: The Deficit Good Or Bad
.... deep recession
of the early 1980s reduced revenues, raising the deficit and forcing the
Government to spend much more on paying interest for the national debt at a time
when interest rates were high. As a result, the national debt grew in size after
1980. It grew from $709 billion to $3.6 trillion in 1990, only one decade later.
Increase of National Debt Since 1980
Month Amount
--------------------------------------------
12/31/1980 $930,210,000,000.00 *
12/31/1981 $1,028,729,000,000.00 *
12/31/1982 $1,197,073,000,000.00 *
12/31/1983 $1,410,702,000,000.00 *
1 .....
|
|
Becoming A Doctor
.... where for four years one learns about
the area of medicine one chooses. After medical school, about one year of
internship is needed. Then he becomes a resident and practice medicine under
supervision of a senior doctor. All together, it is about 11 years before one
actually become an independent doctor.
Doctors will always be needed. Because of this, and because of the
population growth, doctors will always be in demand and the profession will
continue to grow. This way, a doctor will be unemployed less, and will be more
secure, financially.
A doctor can earn from $60,000 to $700,000. Pediatricians and doctor .....
|
|
|
