Tag Archives: Tax

Skewed Perception: American Attitude Toward Taxes

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The word “taxes” can stir up many emotions for Americans. The general attitude of citizens toward taxes can be ambiguous and unclear. It’s Always Sunny in Philadelphia, a television series on FXX, captures this picture in one of their recent episodes. Two of the main characters become troubled after finding out the local mental institution has released its patients because of statewide cutbacks. One of the characters suggests that they must pay more in taxes to keep these hospitals open. The other character becomes angry and says, “How much do these vultures need? I already pay a ton in taxes… Continue reading Skewed Perception: American Attitude Toward Taxes→

A Sweet and Sugary Debate

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Philadelphia became the first major city to take a stance against “sugar-sweetened and diet beverages” with a 1.5 cents per ounce tax on distributors. The tax was passed by the city council in June and has been in full swing since January. Some news sources are quick to point out the success of the tax as it has “generated $5.9 million in January, more than double its prediction of $2.3 million.” An important platform of the tax campaign was that the revenue from the tax would help fund schools, community programs and facilities in Philadelphia. But the primary purpose for Continue reading A Sweet and Sugary Debate→

Trump’s Import Tax on Mexico: Does it make sense?

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President Trump (just getting used to saying that) has been talking about building a wall on the border to Mexico for a while now. It’s going to be really big (yuge), the best wall you have ever seen and according to Trump, he wants Mexico to pay for it. It’s estimated that the wall would cost between $8-14 billion, a humongous price for this amazing wall. President Enrique Pena Nieto says that Mexico paying for it is not going to happen. His response: “I am dismayed by and condemn the decision made by the United States to continue building a wall that Continue reading Trump’s Import Tax on Mexico: Does it make sense?→

Revenue Sharing, The Yankees and Hypocrisy

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Those damn Yankees! Recently, the Yankees president Randy Levine made comments complaining about the revenue-sharing agreement used in Major League Baseball (MLB) which forces higher-revenue teams to pay lower-revenue teams millions of dollars to help balance the wealth around the league. “What is very burdensome to us, and is unfair, is the amount of money we have to pay in revenue sharing compared,  for example, to teams in our market that pay 10 times less than us,” Levine said (Fox Sports). As mentioned in the excellent New York Times article on this subject, Levine is referencing to the New York Mets, Continue reading Revenue Sharing, The Yankees and Hypocrisy→

Thesis Corner: Jordyn McLuen

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Lukie Crowley (LC): To start it off, what is your topic? Jordyn McLuen (JM): I did a policy theory paper on apple production in Washington State and how it’s impacted by potentially the implementation of a carbon tax or a cap-and-trade system. LC: Why did you choose (topic)? JM: I have always found environmental issues interesting, so I knew that I would like to do something related to climate change and try to apply a macro topic in climate change policy into a micro area in terms of Washington State apple production being one relatively small market. LC: Was there Continue reading Thesis Corner: Jordyn McLuen→