Do tax cuts increase tax revenues Essay Example | Topics and Well Written Essays - 500 words

Do tax cuts increase tax revenues - Essay Example 1). This measure has led to increased investment and job creation in the American market over the past few years. Cutting taxes may lead to increased or decreased revenue depending on the duration in which the tax cuts are applied. During an economic boom, an increase in taxes leads to increased revenue for a country. A tax increase may, however, harm the economy in the long run as people may feel the burden imposed on them and shy away from doing business in the country as noted by Sowell (2012, p. 7), an economist and senior fellow at the   Hoover Institution Stanford University Stanford, . This implies that increased taxes will increase revenue in the short run but decrease revenue will do so in the long run. For instance, when President Clinton’s administration got rid of trade tariffs on Chinese goods, the American market were flooded with Chinese goods. This led to an increase in business and consequently tax revenues increased. However, taxes paid by Americans increased to a level that many of them got discouraged from risking their money in business. This led to a recession whi ch the American economy suffers to-date. When taxes are low, many people do not feel the tax burden and are, therefore, encouraged to risk their money in business and are encouraged to comply with tax laws (Hungerford 2012). If many people invest in business and earn dividends, they will contribute a lot in revenue to the economy as opposed to if fewer people were involved (Sowell 2012, p.5). With a lower tax burden, people grow richer faster and consequently move to a higher tax brackets which mean increased revenue for the government. Furthermore, when more people invest, many of them grow richer and consequently pay more taxes which translates to more revenue. A specialist in public finance, Hungerford notes that the revenue generated by an economy that has lower tax rates is often much higher than that that generated by higher tax rates (Hungerford 2012, p. 15).

No texting on your cell phone while driving Essay

No texting on your cell phone while driving - Essay Example Many new rules and regulations have been issued to prevent this matter in most parts of the world. This position paper focuses on the idea that people should not do texting on their cell phones while driving it is injuries for one’s life. This statement is supported by concentrating on three main point’s i.e. distracted driving videos, laws and rules of using cell phones and college student’s perception on texting. 1.2 Distracted driving Distracted driving is very risky and injuries for peoples life. Many videos on distracted driving have been launched by US transportation in order to create awareness among people. According to agency group (2011), â€Å"Faces of distracted driving is mainly a series of video which focuses on the dangerous consequences of texting on cell phone while driving.† This means that use of cell phone and texting has become quite common among people while driving and leads to accidents. In 2009, around half a million people got inj ured and 5,500 people died due to texting on cell phone while driving. Many websites are encouraging to upload distracting videos in order to educate people of the society about the threats related to texting while driving such as USDOT, face book, you tube etc. Video US department of transportation introduced a video on the facts of distracted driving. This video concentrated on Brown family, emphasizing on their 17 years old daughter, Alex. She got killed in an accident in 2009; the reason was that she was doing text message on cell phone while driving in Texas. This family also appeared on ABC extreme makeover: Home Edition in order to raise the awareness of dangers related to distracted driving, so that this thing does not happen in any other family. Presidential order on distracted driving US president gave an order on distracted driving in December 2009, which prohibited four million employees from doing text messages on cell phone while using government vehicles. This order w as passed to make people familiarize of the dangers of distracted driving (Agency Group, 2009). 1.3 Laws and rules Some of the laws and regulations made in relation to texting on cell phone while driving are described below: FRA (Federal Railroad Administration) passed a rule to prohibit the use of cell phones to rail employees while they are on duty. This rule was issued after the rail crash in California which killed 25 people. FMCA (Federal Motor Carrier Safety Administration) passed a rule in September 2010 in which text messaging on cell is prohibited while using a commercial motor vehicle. PHMSA (Pipeline and Hazardous Material Safety Administration) restricted the use of any electronic device during driving a motor vehicle in December 2010 (Agency Group, 2011). Most recently, in January 2010, a federal guidance was issued by US transportation secretary in which commercial vehicles such as busses and trucks drivers were prohibited from texting messages while driving and if any one was caught in doing this practice a penalty of $2,750 would be charged on the driver. Eighteen states have banned texting messages while drivers from November 2009. Most of them have imposed fine on drivers who are caught texting while driving. 1.4 College students and text messaging Presently College students are frequent drivers. Large numbers of students drive by their own to go to colleges and universities. According to Harrison Marissa A, (2011). â€Å"It has been identified that 91% of college students do text messages while