Taxation Assignment Example | Topics and Well Written Essays - 2000 words - 2

Taxation - Assignment Example When the government decreases its levy on goods, there will be a high consumption rate and more production by the firms. This decrease of levy on goods leads to increase in capital (David 1817). Corporations are also subject to taxation by the government. Corporations pay taxes to the government for services provided. Corporations fill out forms as required by the state laws and hence recognized by the government (Leandra 2002). It is the duty of the corporation to pay taxes to the government for services provided and failure to do so can lead to legal actions towards the corporation. Before investors make an investment plan, they identify the tax system of their investment location. A tax system that is negatively designed does not favor the investor’s interests and will drain their resources and time. The different types of taxes levied by the government are indirect taxes, direct taxes, progressive taxes and non-progressive taxes. Generally, this paper will look at UK tax system and also recommendations made in the Mireless review. The paper will also explain the benefits that will come with the proposed recommendations and also the parties that will be affected by the recommendations. The taxation systems in UK today do not favor the households. It oppresses them through the heavy taxes that are imposed on them by the government. The taxation system has influenced the amount of money that people save and the manner in which they do so (Stuart, James and Christopher 2012). This system does not lead to economic growth since people are not encouraged to save. It has led to inflation in UK hence calling for reforms in the taxation system. The United Kingdom’s tax rate is among the highest in the world. Despite people earning high incomes, they have been subjected to high tax rates hence little savings by the income earners. A high increase in income tax has also led to the rise of other related taxes such as taxes on allowances,

Critically evaluate the claim that adolescents and young people both Essay

Critically evaluate the claim that adolescents and young people both today and in earlier time periods have always been demonise - Essay Example When an understanding of an adolescent/young people has been established, examples will be shown of how and why they have been/ are seen by adults in ways that demonise them and represent them negatively. The writer will then explore the ramifications of the adults' perception and the impact they have on young people. As a conclusion this perception leads to how and why adults might perceive young people and adolescents to be unruly and/or a threat to social stability. The need to analyse the different stages of age is contributed to society's concept of age. Some societies in history considered the transition from childhood to adulthood without passing through adolescence. Childhood is defined as the stage in life from birth to 12 years of age. Childhood is not considered as having a natural transition point but it is a continual process of development. Aries (1960:128) â€Å"In medieval society the idea of childhood did not exist; this is not to suggest that children were neglecte d, forsaken or despised. The idea of childhood is not to be confused with affection for children: it corresponds to an awareness of the particular nature of childhood, which distinguishes the child from the young adult. In medieval society there was a lack of awareness. Emile Durkheim (as cited in Jenks, 1982:147) goes on to describe the child as â€Å"the purist of beings, a small body that the merest blow can break, that the slightest illness imperils, a collection of muscles, nerves and organs which are, so to speak, made of milk and which only form, develop and increase in strength by their beings placed in a wonderful environment of careful attention, of consideration, of favourable circumstances and protective influences†. ... rest blow can break, that the slightest illness imperils, a collection of muscles, nerves and organs which are, so to speak, made of milk and which only form, develop and increase in strength by their beings placed in a wonderful environment of careful attention, of consideration, of favourable circumstances and protective influences†. In Romeo and Juliet, a maiden was a young woman who was ready for marriage, having obviously reached puberty implicitly implying "menses" but still having her nurse. Shakespeare portrays young people/children as wilily or in need of protection because of the adults perception of having a family grudge. Biologically speaking , a child is defined not having sexual hormones in other words not having reached puberty. He/she is not an adolescent, no having reached Erikson's stage of identity and role confusion. (Erikson, 1959) Saraga (1998 and Macionis & Plummer, 2005) points out that historically children have been seen either as innocent (Montgomery , 2003) , vulnerable and in need of protection; or they have been seen as asocial, inherently evil and in need of firm control and discipline. In early Christianity both concepts are present suggesting that the child is innocent (Pollock, 1983) or that the child is born in a state of original sin (Powell , 1917; Schucking, 1969). The child, who was born wicked and full of sin, needed to have the wickedness removed through punishment or strong discipline. (Pollock, 1983) Rituals such as Baptism or Christening continue today to symbolize the purification of babies and small children. Demonising or representing children or young people negatively in a religious context, was used as a form of control and a reasoning for punishment. In art work, representing adolescents and young people in a less