... growth and increase the number of jobs. In order to stimulate economic growth in the United States, taxes on capital gains should be eliminated. Members of Congress once considered a reduction in the capital gains tax rate from 28% to 19.8%. Combined with indexation, which is , reducing the capital gains tax by any amount would be a vital pro-growth step taken by Congress. However, given the fickle and high risk nature of investments and entrepreneurships, and the importance of maintaining a competitive economy in a global environment, capital gains should be exempt from taxation altogether. A zero percent capital gains tax would attract entrepreneuria ...
Words: 772 - Pages: 3
... justice also means the industrial nations who are most responsible for global warming, should be taking the first steps in the transformation of making the climate cleaner and more economically friendly. In hopes to decrease the amount of global destruction the Greenhouse Gangsters produce and distribute, climate justice aims to hold the fossil fuel corporations accountable for global warming, urging these corporations to stop what they are doing to the environment and start taking action to clean it up before it is too late. The concept of climate justice encourages people to realize what is happening to the planet from lethal global warming and to take action for ...
Words: 945 - Pages: 4
... each responsible for one group of products worldwide. At the same time, Ford is reducing the time taken to develop a new vehicle from 48 to 24 months and reducing engines, transmissions, and basic vehicle platforms by 30% worldwide. Ford hopes that by pooling global skills and resources will result in more variations on each vehicle platform, increasing the number of vehicles introduced over the next five years by 50%. One of the key strategies behind the realignment has been growth. Ford has launched a variety of new initiatives throughout the world, with joint ventures for the assembly of vehicles in countries as diverse as China, India, Thailand and Vietnam. In ...
Words: 3547 - Pages: 13
... borrow money from foreign financial markets unless they pay a "Japan premium" on top of market interest rates, as happened from 1962 to 1964. At that time, because Japan was seen as a second- or third-rate country, this was to be expected. However, Japan is now a financial giant. Is it strange that Japanese banks have to pay higher interest rates when they borrow money? At the international conferences I have attended over the past few months, whenever the Asian crisis is discussed, four countries--Thailand, Indonesia, Korea, and Japan--are mentioned as the main problem countries. China's new and powerful prime minister, Zhu Rongji, has come to be thought of a ...
Words: 1263 - Pages: 5
... in such a case is urinalysis. By forcing employees to take these random tests, employers are often accused of taking away employees' rights. Though a place of work is not exactly a democracy, it is true to an extent. The rights of American citizens include something called probable cause. In the United States Constitution, it is stated that no one shall have their privacy invaded without a warrant issued by a law official. Some argue that by being forced to take drug tests they are denied this right. However, staying at a job that makes its employees take random drug tests is completely voluntary. Since the drug market didn't really erupt until the early ni ...
Words: 386 - Pages: 2
... focal group with responsibility for Plant Automation, a task force was formed to make recommendations. The one recommendation this task was unable to come to agreement on was the location of this new Plant Automation Group (PAG). An executive decision was made by the General Manager to center the PAG in the Information Technology Department (ITD). In September 1994, the Joint Board contracted with Ernst & Young to produce a "Management Review of the Proposed Plant Automation Group for the Sanitation Districts of Orange County". Their report recommended the location be with ITD but noted that for the duration of the J-31 project, some engineering-related activities ...
Words: 1641 - Pages: 6
... system which mixes public ownership of resources with increasing reliance on free markets to organize and coordinate economic activity. This economic system tries to find a balance between peoples interest and what the government thinks. This combination of opinions may be more efficient for economic scarcity. The government and the people make important decision in the use of materials and labor. This type of economy is used in almost every nation. This economy believe the balance is what causes the best output of products while conserving and balancing resources. A command economy is the exact opposite of capitalism. The command economy uses the government t ...
Words: 526 - Pages: 2
... of higher priced ones, the weight has shifted. The CPI assumes that this does not occur and therefore it overcompensates the standard of living. Secondly, because the base period was over a decade ago, the quality of the products has increased significantly, and therefore the prices should be higher. The CPI, however, assumes that the increases in prices is a result of inflation rather than quality improvements which is false. Here also, the CPI overstates the rate of inflation. Many consumers do not mind the overcompensation of the CPI because in most cases it means more money in their pockets, but there are some consequences. This may cause an ongoing inflat ...
Words: 452 - Pages: 2
... the reconstruction of Europe after WWII and for investment in the developing world. The initial priority (reconstruction of Europe), ends in 1955 and all lending to Europe ends in 1967 and doesn't resume until 1989 with assistance to Central and eastern Europe. Investment in the developing world is done by lending for projects unable to attract private financing, neoliberal philosophy is followed to decide what is considered economic development. The IBRD is the largest source of development assistance. The IBRD is an official or sovereign lender and operates as a bank, not an aid-giving agency, It is very conservatively managed and it has a very profitable op ...
Words: 1190 - Pages: 5
... deficits and surpluses are not prolonged but are eliminated with relative ease in a reasonably short time period. of recent falls into this category of inefficient balance of payments facilitated by depreciation of its currency. By competitively depreciating its currencies, Asia is exporting its deflation, its overcapacity and its lack of growth to the West, particularly to the US. History The past ten or fifteen years have seen an unprecedented expansion in the extent to which the countries of the world are tied together, both by instant communication and by international trade, institutions, and markets, including financial markets. On the whole, this proces ...
Words: 737 - Pages: 3