Essays on Excise

HMRC (Her Majesty’s Revenue and Customs) is a highly complex and large public service organization that resulted from the merger of HM Customs & Excise and Inland Revenue office in 2005. The British government depends on the HMRC organization to find several of their policies and wanted to implement lean to their taxation system. The revenue raised by the organization is in the form of taxation and it is used for funding the welfare state, armed services, healthcare, and other government spending areas (Beech & MacIntosh, 2012, p. 255). The new Department’s goal was to balance its three main ...

Tax policy is the choice that the government makes on the amount of tax to charge on a product, to what amount as well as the people to pay it (Pechman 23). This discussion will focus on tax policy on tobacco products. According to Centers for Disease Control and Prevention posted in 2014, an estimate of forty million of United States adults smoke tobacco and its products (Retrieved from http://www.cdc.gov/tobacco/data_statistics/fact_sheets/adult_data/cig_smoking/). With this large number of tobacco smokers, the US government can implement a tax policy that would favor both them as well as the users. While implementing the tax ...

Abstract

The opposite relationship that exists between socioeconomic status (SES) and inappropriate behaviors such as the use of tobacco, physical inactivity and unhealthy nutrition have been well illustrated empirically but entails various underlying mechanisms. These mechanisms have certain theoretical significance because inconsistency in health behaviors unlike imbalance in many other constituents of health, usually involve something more than the capacity to spend income in order to purchase good health. In addition, these behaviors have an attribute that in most times makes them of special desire. They commonly involve more than not having the ability to buy goods and services that ...

Vehicles and Auto Parts Exportation to Canada

Vehicles and Auto Parts Exportation to Canada

Introduction

The products to be exported are vehicles and auto parts. They are being exported to Canada. A large percentage of imports in Canada come from the automotive imports originating from the United States. Canada spends an estimated 19 billion dollars on importing automotive from the United States (Transport Canada, 2016). Also, three quarters of the cars being used in Canada are imported from the United States. It means that Canada has a large market for the automotives. A larger percentage of the companies in the automotive industry comprise of assembling firms. The ...

Cardiovascular are caused by atheroma. It is a disease of the heart associated with the thickening or narrowing of arteries hence high blood pressure. It is paramount to examine often-physical activity and cardiovascular factors that are risky.

Evidence of regular exercise- often I consider this a great boost to healthy living. Notably, the essence of regular excise is to ensure physical fitness and guarantee a healthy living Healthy eating- noted that healthy eating involves ensuring that I have taken a balanced diet and often take meals at the time it is required. Ideally, the need to avoid meals or ...

The American Civil War led to the reduction of government revenue and large debts amassed from the financing of war operations. One strategy that the government implemented was using taxes to raise the funds from the public. This approach led to certain products being taxed, for this reason, one of them being tobacco. However, with time, these taxes were effectively recalled with the exception of cigarette taxes, which have remained to the present time. Tobacco has been identified as one of the oldest crops in the U.S and has also been cited as one of the most successful enterprises, ...

Bacon’s Rebellion

According to the Totally History website1, the origins of the Bacon’s Rebellion were in 1674, when Virginian settlers tried to remove the local Native American Indians, who the settlers claimed disrupted the productivity of their farming operations and disturbed the peace. According to a Bacon’s Rebellion article2 by Susan McCully (1987, revised 1995) on the National Park Service website, the events occurred in a climate of local serious economic problems, including the falling price of tobacco, commercial competition from the colonies of the Carolinas and Maryland, rising costs of imported English goods and fewer opportunities to sell to England. ...

Trade increases the economic growth and GDP of a country and also fosters great relationships between countries. Over the years there has been the formation of regional trading blocs to enhance trade among neighboring countries. They have been successful however there are challenges that have to be continually addressed.

North America Free Trade Area (NAFTA)

NAFTA refers to the North America Free Trade Area that brings together the countries of Canada, Mexico and the United States. The trilateral trade area came into force in 1994 when President Bill Clinton signed on the agreement. The agreement called for the phasing out of the tarriffs that existed among ...