Tax Fairness: Tax fairness as perceived by prior literatures could either be vertical or horizontal fairness. According to Erich, Niemirowski & Wearing (2006) vertical tax fairness is when taxpayers’ are being treated or taxed with different rate based on their different business activities. On the other hand, horizontal tax fairness is the instance where taxpayers’ are being treated equally in terms of their taxes (Michael, 1978). Horizontal tax fairness indicates that taxpayers’ that are into same business activities and earned same income should probably pay same taxes. Mukasa (2011) found that improved tax fairness would lead to the enhancement of compliance behaviour. The impact of tax fairness which the taxpayers perceived may possibly …show more content…
The self-assessment system was introduced for Income Tax and VAT in 1992 as a strategy to enhance tax compliance by making it easier for taxpayers to assess their own tax liability, file return, report that assessment and pay taxes due. This system allowed for proper identification of all entities required to pay taxes through the issuing of Unique Personal Identification Number (UPIN) that could be fed into a master file upon which updates are made and retrievals done much faster. The major drawback to revenue enhancement by self-assessment system is the large share of informal sector in Nigeria. Many small scale thriving businesses have unlimited scope of evading tax based on their perception regarding costs associated with compliance and the economic benefits of going undetected. They are also largely illiterate who lack access to affordable experts’ advice on tax …show more content…
A common demographic variable is the taxpayer’s age. A positive link between age and taxpayer compliance is reported in (Fischer, Wartick & Mark, 1992). In general, young taxpayers are more willing to take risks and are less sensitive to sanctions. Traditionally, females have been identified with conforming roles, moral restraints and more conservative life pattern. Education, as a demographic variable relates to the taxpayers’ ability to comprehend and comply or not comply with the tax laws .Two aspects of education have been distinguished: “the general degree of fiscal knowledge and the degree of knowledge involving evasion opportunities” (Groenland & Veldhoven, 1983). The degree of knowledge and information might be an important factor in the way taxpayers’ behave. Better educated taxpayers’ are supposed to know more about tax laws and fiscal policies and thus would be in a better position to assess the degree of compliance (Lewis, 1982). However, it should be noticed that there might be people with a lower education who have acquired a high
The IRS (Internal Revenue Service) is the council that manages the assortment of individual taxes and even tax concerns in America. The IRS motivates its people to do their obligation in paying their taxes regularly by enabling them pay through installments. A discontinued payment results in penalty and an interest close to 8-10% on a yearly time frame for taxpayers. IRS installment is a nice choice for locals in [City] who are driven in searching for money for their taxes to be paid out entirely. Implementing this procedure, they can pay adequate funds for the tax while not being pressured to settle their budget on other payments.
Although Justice Brennan’s time on the Supreme Court came to an end in 1990 due to old age and ill health, his influence continues to be felt today, both in the courtroom and outside of it. Indeed, the length of the jurist’s service to the American people effective guaranteed that this would be the case. Despite this obituary primarily focussing on his decisive opinions concerning racial fairness, Brennan was a vocal and persuasive member of the court in many other instances. For example, in Baker v. Carr (1962), he convinced his peers to uphold the doctrine of “one man, one vote” by mandating redistricting on the basis of population rather than geographic area.
But again it's not fair to say the wage gap is not a problem especially with these numbers but with how taxation is heading it should be put more equally instead of pinning it on the rich.” ... There is no sustainable way to make the poor richer by making the rich poorer…”-Richard A.
In our current tax system, our government and politicians give out tax favors to large corporations. While forcing the working middle-class man and small businesses to pay. In order to fix this issue of corrupt government tax favors, a single flat tax
Why do we need money? Do we need money because of our wants or needs, or both? Money is an essential aspect in our society in which we use to supply our needs and wants. Everyone in our society thinks differently in respect towards if you have more money than more problem. In the contrary, if I were to give you a million dollars I highly doubt you will have more problems instead more problems solved because you have more money.
Some people with be mad about getting taxed more and some people wouldn’t mind getting taxed more as long as it is doing something like helping someone that needs help or saving their lives. “About 800 000 people commit suicide every year… Mental disorders and harmful use of alcohol contribute to many suicides around the world. ”(www.who.int) The people I think that won’t like getting taxed the most are people like Lennie and George who are struggling with money as is
The term “regressive” describes the reality of a tax taking more of a poor person’s income than that of a wealthy person. Before 1913, economists
1. Introduction Income inequality has grown significantly during this past decades and this phenomenon continues to increase over the years. This problem is constantly discussed in the daily news all around the world. Several consequences of this increase of inequality between people leads to economic problems such as high unemployment rates, lack of work for young people, fall of demand for certain product. The gap between rich and poor is increasing, the rich are richer and the poor are poorer as a result politicians and economists try to adopt certain policies in order to reduce this gap.
Ethical Complexity of Distribute Justice and Rationing Medicine is a practice based on moral standards applied to clinical values and judgments, also known as medical ethics. Ethical values consists of beneficence, nonmaleficence, autonomy and justice. However, these ethical principles are affected when distributive justice and rationing of health care resources are implemented “…in a world in which need is boundless but resources are not…” (Scheunemann & White, 2011, p. 1630). The historic Hippocratic Oath described the four main principles of medical practice and established a moral conduct for clinicians. Beneficence demands that health care providers develop and maintain skills and knowledge, consider individual circumstances of all patients, and strive for the patient’s benefit.
The conclusion drawn is that Equity has developed, and the usage of some equitable maxims made equitable rules more determinate. Thus, the propositions made by the Professor is partially agreed. On the other hand, it is also argued that
The federal tax system is plagued with issues: It doesn 't raise sufficient revenue to back government spending, it is unpredictable, it makes results that are unreasonable, and it impedes monetary productivity. This part examines a few approaches to enhance charges, including making an esteem included duty, expanding natural taxes, improving the corporate expense, treating low-and center pay workers evenhandedly and productively, and guaranteeing suitable tax collection of high-wage family units. A good tax system raises the incomes expected to fund government spending in a way that is as basic, evenhanded, and development well growth as could reasonably be expected. The United States does not have a good tax system.
But, taxing the rich more also wouldn’t be impartial that fair because the government already wastes much of the money pay they collect. Even though the wealthy have a higher income and can afford it, most of the wealthy worked hard to get where they are now. If we make the Making the rich pay higher taxes will have advantages and disadvantages as well.
There are many phenomena that could cause or correlate with crime. In addition to this, there are many characteristics to these phenomena that cause/correlate with criminal behavior. Furthermore, these characteristics can be individual, sociological, or both that could have an effect on criminal behavior. This paper will take the educational avenue on crime.
Do you ever think of why should or shouldn’t the rich people pay more tax than others? Nowadays, people are arguing about the fairness of paying more tax. Statistics have proven that the rich have paid the majority of U.S. income taxes. A person making $100,000 will pay a higher percentage of his income in taxes than a person making $20,000 for instance. According to the Congressional Budget Office, “The 10% of households with the highest incomes pay more than half of all federal taxes.
In countries such as Italy, taxpayers regularly challenge tax legislation on constitutional grounds. Taxpayers in the US continue to challenge the US progressive rate structure at trial and appeals court levels without success. In Mauritius, we do not have ample case law related to the taxpayers’ right but in case of a dispute regarding taxation, the court should be able to censure any excessively high tax burden on citizens. Some rare case exist for instance when the NRPT was introduced.