Capital-gains Tax Issue

Capital-gains Tax Issue This research explores the capital-gains tax issue in the United States. The major controversy concerns whether or not to reduce the tax rate on capital-gains to some level below that for ordinary income, which is the basis for the taxation of capital-gains under the Tax Reform Act (TRA) of 1986. Although the proposal by the Bush Administration to reduce the tax rate on capital-gains was defeated in the Senate in the fall of 1989, the issue remains very much alive (Yang, 1989). The nation's media generally and the Bush Administration more specifically have attempted to portray the controversy over the capital-gains tax as a liberal/conservative clash. Such…
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Fast Track Authority Trade

Fast Track Authority Trade There is an ongoing debate with respect to fast-track authority trade legislation. Fast-track authority gives the President of the U.S. broad authority to negotiate global trade accords. It allows the President to negotiate trade agreements that Congress can approve or reject, but cannot modify or change. Beginning with President Ford, U.S. Presidents have enjoyed such trade negotiating privileges. Without such privileges, one proponent of fast-track authority notes, “Without that provision, negotiating trade agreements with the U.S. is pretty pointless, since you can count on a minimum of 535 changes before it’s ratified” (Barshefsky, 1997, 4). Despite such sentiments, in 1994 when the legislation expired Congress locked…
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Unemployment & Economic Growth

Unemployment & Economical Growth Essay Sample Unemployment and economic growth Unemployment benefits have recently been contributing factor to unemployment rate. These benefits are usually given by governments since social insurance compensation with regard to those who are unemployed. Such benefits increase the particular unemployment liquidity hence in a position to increase their usage status. Due to their particular ability to provide their basic needs, they locate it less stringent and harsh to find jobs. In that condition, the out of work may thus grow unwilling in searching for jobs. (Mishkin, 1995) Unemployment benefits are usually only offered to individuals unemployed and who need to actually be searching jobs at this…
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Video-Recording & Asian Financial Crisis

Video-Recording & Asian Financial Crisis ASIAN VALUES DEVALUED [VIDEO-RECORDING]: REPORT AND ASSESSMENT This video-recording produced in 1998 chronicles the origins, causes, effects, and outcomes of the so-called Asian financial crisis that began in Southeast Asia in 1997. The presentation in the video-recording limits the review of the financial crisis to events occurring in Indonesia, Malaysia, and Hong Kong. While the financial crisis spread to other countries in Southeast Asia, the economies and societies of these three countries were the first to experience the problems. The video-recording identifies dichotomies between (a) the drive for rapid economic growth in a globalizing international economy and (b) the corruption, cronyism, and nepotism that had…
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Investment Potential of Walgreen
Before deciding to invest in a parti

Investment Potential of Walgreen Before deciding to invest in a parti Before deciding to invest in a particular company, individuals are well advised to consider that company's recent financial performance, its competition, its strategic direction and the way the company is perceived by the stock market. Sometimes, companies which are well-managed and which have posted strong revenues and profits are undervalued in the market while certain companies remain market favorites even when their financial performance suffers a downturn. This research considers the investment potential of the nation's largest retail drug store chain, Walgreen Company, in light of its operations, financial performance and stock performance. Walgreen is the largest American drug…
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Japan-US Trade

Japan-US Trade There has been much publicity surrounding trade practices within Japan, particularly with regard to that nation's trade with the United States. Japan is one of the United States' major trading partners, and the various regulations and policies which the two countries pursue are critical to the long-term success of this relationship. Amid cries of protectionism and similar complaints, there has been increasing pressure on the Japanese to open their markets to American products and companies, while the Japanese assert that the technically inferior American products are simply not in demand in Japan. This research examines the current trade relationships that exist between the United States and Japan, and…
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MicroAge, Inc.

MicroAge, Inc. MicroAge, Inc. is a leading franchiser of computer stores and distributor of microcomputer systems. The company is headquartered in Tempe, Arizona, incorporated in Delaware, and has a growing international network of outlets specializing in the sale, support and servicing of various office information and automation products. MicroAge distributes microcomputers, workstations, peripherals and software. The MicroAge Computer Store Network specializes in the sale, support and servicing of information technology products, consisting primarily of standalone and multi-user microcomputer systems and software, networking and telecommunications equipment and related services for business applications. As of September 1992, MicroAge had 1,245 locations in operation, consisting of 585 domestic franchises, 167 international franchises, six…
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Raising Feul Tax
With respect to a proposal to raise the federa

Raising Feul Tax With respect to a proposal to raise the federa With respect to a proposal to raise the federal transportation fuel tax by $1.00 (presumably per barrel), as an economist for the National League of Cities, I would recommend that the organization oppose the proposal. The grounds for opposition would be that the effects of such a tax increase would impose significant hardships on urban areas, and that it would be just one more example of actions effected at the federal level of government in an attempt to solve problems created at that level, without any consideration for the impact on other levels of government of such actions.…
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Lowering Tariffs

Lowering Tariffs SHOULD THE U.S. LOWER TARIFFS OR NOT? Historically, the idea of imposing tariffs by various nations was to protect the workers and the goods they produced. It was a way of eliminating the potential of either cheaper products being imported without restriction, or the fact that some overseas governments were ôdumpingö their products in other nations to gain an economic foothold and advantage. Of course, perhaps the best known revolt against tariffs was the so-called Boston Tea Party, where taxes were imposed on tea, something the colonists felt was prejudice against them by Great Britain. In more recent years, tariffs have become a political weapon. For example, when…
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The Fed, Inflation & Nike

The Fed, Inflation & Nike The actions of the Federal Reserve have helped Nike to prosper by controlling inflation, reducing unemployment, increasing the standard of living for most Americans, and providing a stable foreign exchange rate (Weston et al, 1990). The Federal Reserve: Regulates money supply and interest rates Aims to encourage economic growth, control inflation, reduce unemployment to acceptable levels, and stabilize the exchange rate between the U.S. dollar and foreign currencies in the foreign exchange marketplace Can bring about government impact to the economy by determining monetary policy and regulating the cost of money (Weston & Brigham 97) Alan Greenspan writing in Federal Reserve Bulletin suggests that the…
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