Essays on Tax Revenue

Significant Areas Addressed by Management

Cedar addresses the compliance of the guidelines of Government Accounting Standards Board in the city accounting reports. Compliance to (GASB) regulations through the provision of an overview of its financial performance for the fiscal year Accounting Policies Utilized by the City The policies include Analysis of financial statements The policies of liabilities, assets, deposits and investments (Rodenbeck, 2013) Statistical Section The statistical section will cover the computational outcomes of the management decisions. For example Depreciation of capital assets over the respective annual ranges The effects of deposits and investments Determining the values of the net assets, and its liabilities ...

Introduction

The rationale of the above paper is to outline the difference amid budget deficit and national debt while at the same time indicating their significance. The paper seeks to justify as to whether different governments in the global setting should operate with a balanced budget or not. In the article, budget deficit is defined as the amounts of cash spend in excess by the government over the government income generated from tax revenue during a set time as part of government expenditure (Furgang & Furgang, 2012). The shortfall in tax revenue is therefore compensated through borrowing or currency emission as ...

Letter of Transmittal

Richard Albert Sylvester Management Consultant Lamplighters Corporation Ottawa K I P 5B5 Phone: 613-563-1509 www.lamplightres.ca The Right Honorable Justin P.J. Trudeau

Office of the Prime Minister

80 Wellington Street

Ottawa, ON K1A 0A2

RE: Project Suitability Report on the Proposed Trans Mountain Expansion Pipeline Project Dear Right Honorable Prime Minister, It is with great pleasure and honor that I submit this report on the suitability of the proposed Trans Mountain Expansion pipeline project. The Trans Mountain Expansion pipeline project proposal by Kinder Morgan aims at increasing the current capacity of the existing Trans Mountain oil pipeline. Currently, the existing infrastructure has a capacity of 300,000 barrels per ...

Government budget provides the projections of revenues to be received and expenses to be incurred by the government in a given financial year. The main sources of government revenue are levies, taxes, returns of government projects and fines. In many cases, the government budget is at a deficit because the amount of expenditure to be incurred is more that revenue projected revenue. Thus, the government has an option of financing the deficit through borrowing or applying austerity measures to cut down its projected spending. The government can also apply austerity measures when debt level reaches unmanageable high level. Everyone ...

Immigration policy in the U.S has evolved over the years, yet it has failed to address pertinent issues with regard to immigration, especially illegal immigration, which has continued to rise; a new policy approach would be necessary if the problems bedeviling immigration are to be addressed. America’s immigration policy has over the decades been a major public policy issue, especially during the peaks of election cycles. The immigration policy has by no means been harmonized in the country’s history. As a testament to this, the purview of immigration policy has more often than not been left to ...

Trump is the leading presidential candidate of the Republican Party, and he is campaigning under the slogan of make America great again. His campaign slogan is based on several extreme economic and social policies. The economic policies of a president are mainly macroeconomics policies that affect all the components of the country’s gross domestic product. His main economic policies touch on taxes, labor supply, investments, and international trade. He looks forward to cutting individual and cooperate taxes, increasing the volume of exports, decreasing imports and increasing private investment (Trump, 1). The most popular and extreme economic policy that ...

Introduction

Although technological revolutions continue to transform the industrialized world, the development of industry has not been without its negative consequences, such as Global Warming. The scientific community has come to view carbon dioxide as one of the main contributors to the phenomenon of global warming. Showing great concern and initiative to tackle this problem head on, the Canadian government has proposed several solutions, including the imposition of the Carbon tax. By taxing companies based on the greenhouse gas emissions generated from the fossil fuels they burn, the government and environmental groups believe this policy can help to control the ...

Introduction

Tax forms one of the major sources of government revenue; it contributes to economic growth and development as well as the overall prosperity of a country. Based on the method of collection, a tax system can be flat, regressive or progressive. The progressive tax system entails increasing taxes with an increase in individual or household income. The regressive system involves decreasing tax as income increases while the flat tax is a system where everyone pays the same tax irrespective of the income (Roach, 2003). The tax system adopted in a country depends on set objectives, its impacts on taxpayers, ...

Introduction

Medical marijuana legalization has taken shape of a movement in the United States of America as people continue to debate the pros and cons of legalization in the news media. Since the year 1973, 12 American states have made changes to their laws to reduce penalties for possession of marijuana (Austin, 2016). This is because there are certain pros associated with the legalization of marijuana, but the cons should not be completely avoided that come along with it. Legalization of marijuana would certainly be a success for the on-going Decriminalization Movement and will provide several economic and health pros ...

Introduction:

Despite the devastating effects of the 2008 global financial crisis and the subsequent Euro zone crisis, the tourism industry has continued to flourish. Initially, the industry was referred to as a cottage industry but the international travel and tourism industry has evolved becoming a major contributor to economic growth and development in almost every economy in the world. Research has shown that the global increase in worldwide tourist arrivals outperform gross domestic product growth in one out of every two years in the past three decades. Many countries regard tourism as the most significant primary export industry especially the developing world. ...

- Can schools be managed and operated like business? Management of schools should take a form similar to any other organization that is geared towards achieving certain results. Management, in a general sense, involves several functions that lead to the coordination of peoples’ efforts in a manner that would make them achieve some desired goals and objectives. These goals and objectives are set by the management of these organizations that undertake the coordination of the said efforts. For the coordination to take place, there must be the deployment of certain resources that must also be used in an effective and efficient ...

Budgeting is a crucial aspect of any institution or government’s operations with an aim of enhancing goals and objectives’ achievement in line with specific environment and needs. Thus, budgeting is greatly guided by policies that define the suitable actions in line with set goals and objectives either in response to changing environment or as a way of fostering opportunities’ utilization. In that respect, governments have budgeting planning that is specific to their constituents’ needs and that defines the objective of this analysis which seeks to demonstrate the budgeting process for a State in view of its status and environment. To achieve ...

A budget is an integral part of any economy. It outlines the financial plans of a country to facilitate economic growth. Most countries, including the United States of America prepare a budget comprising a one fiscal year financial plan. The US budget has indicated a deficit since 2008; this indicates that the government’s expenditures exceed the amount of revenue collected from the tax revenue. The federal government borrows funds to achieve its expenditure needs, and the interest rate increases annually. The borrowed funds are paid using the tax receipts from the taxpayers; the US government usually pays off the interest rates exclusively, ...

The debate concerning whether or not marijuana should be sold for medicinal purposes continues to rage with a vengeance. It is hard to imagine an argument that is more heated until one brings up the topic of selling marijuana for recreational purposes. Many argue that doing so is to break all of the boundaries set for the drug, making an illegal and supposedly dangerous substance available to the public at large. At least medicinal marijuana would serve a purpose for those who are suffering; why would selling marijuana for recreational purposes be a good idea? Despite popular opinion there are many reasons ...

An Analysis of the Formulation of California Senate Bill 4

Chapter IV: Findings Introduction The research had the ambitious goal of identifying the political process that took for the passing of SB 4. The subject was especially interesting because hydraulic fracturing (fracking) has taken place in California for several decades. In this chapter, data collected about the drilling style in California was presented with an effort to include the variety of data available from viewpoints of different stakeholders and their support or lack of support for the duration of the legislative process. Fracking is a national as well as a state political issue. Both external and internal factors impacted ...

A public good is a product whose consumption by one person does not reduce the availability of that product to another person. Public goods are different from the other goods because they do not attract rivalry among people, and no one is excluded from using them (Tutor2u, 2014). Examples of public goods include national security, knowledge, street lighting, sewer systems, radio broadcasts, basic television, and public parks. Public goods differ from the other goods because they do not cause rivalry among the users. The non-rivalry characteristic is due to the fact that the consumption of the public good by ...

The Detroit bankruptcy has been one of the most revolting situations. Declining the economies economic development, previously a highly industrialized economy. The city of Detroit has experienced a devastating fiscal collapse ranging from an avalanche of underlying factors which explains what could possibly cause this level of crisis. Political leadership The Economic Development Curmudgeon Journal, emphasize on the neo-liberal. Neo-liberal denotes "an approach to economic and social studies in which control of economic factors is shifted from the public sector to the private sector") administrative leadership of Coleman which focuses on municipal fiscal-budgetary and employee cutbacks and increased taxation. In ...

It is a widely debated topic, whether marijuana should be legalized or not. The supporters of it consider that medical benefits of marijuana makes it important to legalize marijuana and that it will bring greater good to the society. We will discuss the medical purposes of marijuana and give evidence for why supporters advocate legalization.

Advantages of marijuana in medical purposes

In United States of America, 23 out of 50 states and DC has legalized the use of marijuana for medical purposes. The proponents of use of marijuana for medical purposes argue that it is a safe and effective treatment for diseases such as AIDS, cancer, pain, ...

Marijuana raises controversial debate from time to time on the significance of its legalization. Although, many people attach massive demerits to the substance, others find exclusive benefits in the substance. The benefits of the drug may range from medical to economical. There are unique medicinal benefits that come with the use of marijuana. The economic benefits of the substance may be attached to the tax revenue that the drug attracts to an economy. The first medical benefit of marijuana is that it acts as the pain reliever. There are some diseases that cause extensive pain to the patient, ...

Positive

Gaming is an industry created by legal gambling activities and includes lotteries, poker, slot machines, horse racing and other table games. According to Baird, Yepez, and Fairey (2011), supporters of gaming argue that it has psychological benefits. It gives people the opportunity to exercise control and it is also a way to relieve stress. Supporters claim that gaming is just like any other form of entertainment such as watching a movie. According to an article by the American gaming Association (2014), gaming has created employment opportunities and generated huge returns as tax revenue for the government. In 2002, 350,000 ...

Introduction

Most people in the world today have either smoked, seen or heard about marijuana either in medical or recreational settings. For others, the drug remains an issue to be solved while for other people it is a drug that should continually gain usage among humanity. Whether, one has smoked marijuana or not, the common ground concerning the drug is its illegal status both locally and internationally. However, the illegal status is gradually shifting with countries and states striving to legalize the drug. As such, there are continual debates on the legal status of the drug around the world. Despite ...

Introduction

The issue of marijuana legalization is a major concern in the United States. There are numerous concerns surrounding the topic as different people seek to understand the effectiveness of the move. Marijuana legalization is controversial since different people have different views on it. To some, the legalization is economically significant while to others it would be a disadvantage to the society. Most people cannot understand the effect of the drug once it becomes legal. In addition, the issue is a major political issue that governments try to resolve to the best extent they can at any time. Clements, K., & Zhao, X. ( ...

In Support of Legalizing Marijuana

Abstract Marijuana and it medicinal use continues to be a controversial topic. Surprisingly, marijuana has been around for centuries and many early doctors used the substance to treat a number of medical ailments. The Chinese wrote numerous literatures on the medical uses of marijuana and it is no surprise that modern-day doctors seek to improve to the ancient art of using marijuana for medical purposes. However, as with all substances, there are side effects that cause damages in its users. The excessive use of marijuana cause serious hallucinations, but these dangers are not fatal. There are no records to suggest ...

Article Review

Article 1 Published on: October 22, 2014

The Summary The tax cut policy followed by Kansas has led to a shortfall in the revenue this year. The tax revenue collected in the fiscal year 2014 was $700 million less than that of the previous year. According to the director of taxation Steve Slotts, this revenue shortfall is temporary in nature. This temporary deficit is being met through the expenditures from the reserve fund. But the revenue shortfall in the first three months of the fiscal year 2015 that began in July 2014, suggests that this shortfall is permanent. ...

The Title of the Article: Britain’s Deficit-driven Growth

The Source of the Article: Wall Street Journal Section of the Syllabus: Fiscal and Monetary Policy, Deficit Financing. Candidate Name: Candidate Number: The Article Please find the article at the following URL: http://blogs.wsj.com/moneybeat/2014/09/23/britains-deficit-driven-growth/?KEYWORDS=macroeconomics

The Commentary

This article discusses the pros and cons of the deficit financing led growth that the UK is experiencing presently. The growth figure that UK has registered from the past year is quite high compared to the other economies in Europe. The widening public deficit is a matter of concern among several quarters. The government has still not shown any signs of ...

- Housing costs me nothing. This statement is not correct from the microeconomic point of view. There is always an opportunity cost, which is always born by the person who asks the question. Sale of the house or rent of the flat while moving into a cheaper housing would provide quantification of such cost when compared to actual level of income. Also, there are maintenance costs and tax related costs. - Boring lessons. The financial cost of the lessons was already covered, from the microeconomic point of view, if the lessons are useless, participation will only increase ...

Detroit has been in the limelight for some time now on issues of bankruptcy. In the year 2013, Detroit filed for bankruptcy due to various economic headwinds and problems. Detroit officially became one of the largest municipalities in the United States to be bankrupt. It was declared in court that Detroit was not in a position to pay its debts. There are various reasons why Detroit is in bankruptcy. These include an increase in taxes, decline in Detroit population, increase in the unemployment rate, low tax revenue, company employees forming unions, low production level, as well as too much borrowing. ...

[Class Title]

Executive Summary The University of Maryland is considered as one of the best public universities in the United States. However, the rising cost of tuition fees and other charges has placed public institutions in an awkward situation making it questionable if whether they can provide affordable and quality education in the face of the current economic hardships. Students, on the other hand, could not help but seek for various loans in order to make their way through college. For most families who are earning a median income, sending a single child in college would leave them financially unstable ...

Literature review

Globally, education can be considered as one of the significant factors that can be used to improve the economic performance in a particular area. Therefore, Academic City through facilitating the academic facilities in the Western Region is anticipated to increase the level of productivity in the region and neighboring region. The primary objective of the Academic City is to provide educational resources to the people of Western Region. Availability of skills in the labor force greatly affects the productive capacity of the economy. In the contemporary world, production systems have become more complex than before, and, as result workers with a ...

Abstract

Marijuana is one of the controversial drugs in the world today. Before marijuana is taxed, it should be legalized like any other legal drugs in the world. There are many states and nations that have legalized marijuana and implemented taxation policies, while others have made it an illegal drug. Other people assert that the economic and financial impact of marijuana taxation is not relevant to the economy. . Economically, if marijuana is not taxed then it means that the free market price of legalized marijuana will be too low. Therefore, when the price is low, it means that everyone is ...

Introduction

Hemp is an old plant which its usage can be traced back to the prehistoric time of human beings. Hemp also referred to as Cannabis sativa has been continually used over the times of human civilization since pottery was invented over 10,000 years ago. Among the oldest artifacts which have known to exist before the ancient history of human beings, is the tiny pieces of fabric made from hemp which has amazingly endured more than eight thousand years of weathering, because the plant is environmentally friendly. The plant has been used in the food, paper and textile industry, ...

The use of marijuana and its legalization have become important issues in the US domestic policy as well as in public debates. The fact that two states have already legalized marijuana for recreational use means that this practice can be applied to other states as well and marijuana can be fully decriminalized. The widespread use of marijuana among people of different ages and their positive attitude to marijuana as legal phenomena of American society make us argue in favor of its legalization. The essay will present main arguments, according to which marijuana should be legalized in the US. These ...

The Huffington Post

Caroline Fairchild Summary In this article, Caroline Fairchild addresses the controversial issue of legalizing marijuana from the economic viewpoint. According to Fairchild, the legalization of marijuana is associated with more positives than negatives. According to the information provided by the article, the cost benefit analysis justifies the legalization of the drug for recreational purposes. The main players in the article include the federal government, the state government, the lawmakers, the consumers of marijuana and economic analysts. The article prominently cites the work done by Cato research, a renowned think tank in favor of the legalization efforts. Additionally, the ...

Team Names:

Executive summary (3) Introduction.. (3)

The advantages of purchasing. (4)

Chinese counterfeit electronics Demerits of purchasing Chinese electronics. (5) Key findings and recommendations. (6) Conclusion.. (7)

EXECUTIVE SUMMARY

The main aim of this report is to demonstrate some effects of counterfeit Chinese electronic devices to the consumers. The report generally targets the overview of Chinese counterfeit electronics devices, and the effects it has caused to the economy of most part in the world. The term counterfeit product can be defined as manufactured products that closely look like the original product. Hence, the counterfeit products may have the trademark and copyright infringements of ...

The war against the use and possession of marijuana either for medical use or recreational purposes has been a major national controversial issue. This is a controversial issue, considering the fact that for all these years of the fight against the use, there have always been two sides or views concerning the law and fight. While some see the economic benefit of legalizing marijuana, others see the problems such as the violence and crimes that could be associated with overuse of marijuana. Whether such problems will overwhelm the economic benefits of legalizing marijuana remains to be seen. Opponents believe that ...

The War on Drugs has been fought for the past several decades in the United States – billions of dollars have been spent fighting the flow of illegal drugs into America, seemingly to no avail. Millions of Americans use illegal drugs (marijuana, cocaine, heroin) regularly, and even the most well-organized and efficient anti-drug efforts seem to do little against this. With that in mind, it is time to reevaluate the moral and philosophical objections to drugs in the US; philosophers such as Milton Friedman would argue that it is best to decriminalize drugs and make them legal. On the other ...

Whether or not marijuana should be legal is an issue that has seen plenty of debate throughout the 20th century. Currently, marijuana exists as an illegal drug that is purchased for recreational use, with a select few being able to legally purchase it for medicinal purposes. The arguments for and against marijuana are quite strong: those who want it legalized believe that it is not addictive, perfectly safe, and could even provide greater socioeconomic benefits for the United States as a whole. However, there are others who believe that it is addictive and harmful that can actually harm people and promote ...

Drowning in Debt: How Does the U.S. Solve its Debt Crisis?

Scott Walterhoefer Abstract Can the United States solve its debt crisis? That is the daunting question that currently confronts our nation and the manner in which the “powers that be” attempt to deal with this problem will dictate the political and economic landscape for the foreseeable future. The sheer size of this debt (roughly $16 trillion) is so massive and seemingly out of control that it is nearly impossible to fathom. This paper will examine this debt and the factors that caused its exponential rise over ...

The legalization of marijuana has been a very controversial case for decades, with strong arguments on either side. For most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there are others who claim that it is perfectly safe, not addictive, and could be an incredible source of income for a legitimate economy. The legalization ...

Question a

- Economic growth Economic growth is the aggregate positive change in an economy’s capacity to produce different goods and services. Economic growth is determined by comparing the economy’s productivity between two or more periods. The measure of economic growth can take different forms such as the real and nominal form. The nominal form of measuring economic growth includes inflation. The real terms of economic growth reflect figures that are adjusted for inflation. Economic growth of different nations can be compared using the gross domestic product or the gross national product per capita. - Regressive taxes ...

The value added tax has been used in many growing economies as means to collect revenue for government operations. The replacement of the consumption tax by the St. Lucia government has seen its tax structure shift which has various implications on the citizens of St. Lucia. Much controversy arose as to whether the government was fully prepared to enact the VAT bill at the time when it did. This prompts one to wonder whether the VAT will solve the St. Lucian’s problems. Value added tax has many attributes that make it more desirable to many governments. Its ability ...

The legalization of marijuana has been a very controversial case for decades, with strong arguments on either side. For most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there are others who claim that it is perfectly safe, not addictive, and could be an incredible source of income for a legitimate economy. The legalization ...

Analysis of US Corporate Income Tax Reform

A tax system should meet its objective of raising revenue for a government in a manner that meets the principles of equity, efficiency as well as complexity. Consequently, the essence of these principles is to ensure that any tax policy promotes economic growth as well as seeking to improve individuals’ social welfare. However, US corporate tax rate has been one of the highest even in comparison with the other OECD countries hence a need to reform it to meet the above principles as well as serve its key purpose of raising revenue. In this respect, this analysis seeks to analyze and present ...

The legalization of marijuana has been a very controversial issue for decades; for most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there are others who claim that it is perfectly safe, and could be an incredible source of income for a legitimate economy. The legalization of marijuana has the potential to create ...

ABSTRACT 3

INTRODUCTION Background 4 Information Sources 4 Limitations 4 ANALYSIS Presidential Election and the Economy 5 CONCLUSION Summary and Interpretation of Findings 12

REFERENCES 13

Abstract This paper presents an analysis of the article entitled The Growth Recession of 2012 and the Presidential Election published by Forbes.com in October 2012. The purpose of the paper is to present a recently published article and provide an analysis in light of the principles and theories of economics. The discussion involves the analysis of a recent article by relating it to the theories and principles of Economics specifically ...

Many states have never agreed on the issue of legalization of marijuana. Part of the society emphasize that the drug has many negative effects to the society and hence should remain illegal. The power to legalize marijuana is in the hand of the state government. Some states have already legalized the use of marijuana. The aim of this legalization is to facilitate its use in recreation activities and for medical purposes. It is important to recognize that marijuana has some negative effects to the society (Gieringer, 79). However, the drug can be used wisely to benefit the members of ...

Legalization of marijuana is a controversial subject, which creates a great debate across the globe. There exist a number of myths and misconceptions concerning the use of marijuana. For this reason, many countries the use of marijuana has been banned in most countries. However, some countries have legalized its use or permitted its usage for medicinal purposes. Proponents for its legalization argue that it is useful because of its monetary benefits and its medicinal use. On the other hand, the opponents for the legalization argue that marijuana is detrimental because of its harmful effects on the users. This paper aims at explaining ...

The legalization of marijuana has been a very controversial issue for decades; for most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there are others who claim that it is perfectly safe, and could be an incredible source of income for a legitimate economy. The legalization of marijuana has the potential to create ...

I am interested in writing about economic growth. This topic is so timely because the economy of US was reported to grow in the third quarter of this year. The growth in the economy was due to increases in inventories and export, thereby raising the gross domestic product to 2.7% during the third quarter. Economic growth is a very important indicator of the economy as it signifies increase in the productive capacity of the country over time that leads to increases in national output and income. It is the increase in the total output of a country over time and ...

The most recent event in the country that I can think of is the 2012 Presidential Election. What has this to do with the economy?

The most obvious connection between a presidential election and economic activity is that, if the incumbent government is eyeing for a reelection, then pre-election programs include execution of expansionary fiscal policy since such policy (either increase in spending or a tax cut) tend to increase economic growth, reduces unemployment and increases the political support for the politician. I learned that fiscal policy pertains to discretionary changes in government spending and tax collection with the goal of ...

Introduction: History of the National Debt

A debt crisis is a national problem of countries with regards to their ability to repay borrowed funds. It deals with national economies, national finances or budget and international loans. The meaning of a "debt crisis" has changed over time. The main definition comes from the main financial institutions such as Standard and Poor's or the International Monetary Fund (IMF). Basically, a debt crisis is defined as an occurrence where a national government cannot pay its debts and it the process, asks some assistance (Zuckerman, 2011).

The US national debt represents an "existential threat" to its federal finances. It evidences the country’s ...

Question 5

International Tax Systems: Approaches to Transfer Pricing Globalization is the new trend as companies are increasingly expanding beyond their domestic borders. Globalization is motivated by the need to seek new markets, diversify operations internationally, take advantage of differing tax laws among a myriad of other reasons. In order to take advantage of differing tax laws, multinational companies use transfer pricing. This paper discusses transfer pricing and the various approaches to transfer pricing. This paper will also discuss the recent developments in transfer pricing. Transfer pricing refers to the determination of prices for transfer of goods between subsidiaries both ...

Summary of the Article

The article discusses the importance of price elasticity of demand level in the economy in determining tax imposed on tobacco. A household survey conducted in the UK reveals that a whopping 10.2 million of the population were cigarette consumers in 2007. Policy makers are showing increasing focus on promoting public health and attempting to discourage tobacco consumption by imposing stringent tax on tobacco. Tax on tobacco has been increased considerably in the last decade in order to reduce the number of tobacco consumers in the country. However, the effectiveness of higher tax on tobacco will be determined by price elasticity ...

Beyond any reasonable doubt, cigarette smoking causes more harm than good to both the smoker and the surrounding. However, people continue to smoke. Ask any adult smoker the reason behind smoking and you’ll never get a convincing answer. The truth is that most smokers start when they are young, especially in their teens, and get so much addicted when they become adults. Trying to quit cigarette smoking has become an uphill task to most smokers since the drug is readily available, very cheap, and so much addictive. Research and statistics reveal that smoking highly affects human health and greatly ...

The legalization of marijuana has been a very controversial case for decades, with strong arguments on either side. For most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there are others who claim that it is perfectly safe, not addictive, and could be an incredible source of income for a legitimate economy. The legalization ...

The legalization of drugs has been a very controversial case for decades, with strong arguments on either side. While there has been few who argue that harder drugs like cocaine and heroin should remain illegal, the same is not true with marijuana. For most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there ...

Introduction

Legalization of Marijuana in California has been a contested topic because of its implications. This is a matter of the local government and not the federal law. As argued by John (2010) legalization of Marijuana would mean that the local government would regulate marijuana related activities which includes imposing and collection of taxes and fees associated with marijuana trade. However, the recently defeated legalization of marijuana in California has implications on the criminal justice system.

Impact on criminal justice system

The recently defeated legalization of marijuana in California has implications on the criminal justice system because it was expected that legalization would reduce overcrowding in prisons. ...

The issue of eminent domain is a controversial one in the United States, a country where a great emphasis is placed on sovereign ownership of property. Eminent domain occurs when a state takes action to take private property from a citizen while paying them for it; however, the citizen does not have a say in whether or not the property is taken. The state then uses the property for its own ends, or leases it out to third parties (corporations, etc.) to develop for business or public reasons. This creates a dilemma between owners of private property who believe they have a sovereign right to their property, ...

The legalization of marijuana has been a very controversial case for decades, with strong arguments on either side. For most of the 20th century and beyond, it has been illegal in the United States and other countries, turning its sale and usage into a vast underground market that has gone untapped by any professional outlet. Some say that it is a harmful, addictive drug that leads to health detriments down the line for those who use it. However, there are others who claim that it is perfectly safe, not addictive, and could be an incredible source of income for a legitimate economy. The legalization ...

Thesis Statement

Marijuana should be legalized because the legalization will bring economic benefits, such as tax revenue, creation of new jobs, and money which was used to fight marijuana smokers also can be saved. This marijuana research paper digs into this thesis statement.

Introduction

Marijuana is a drug that has been around for some time; it is a completely natural, typically unprocessed narcotic that has an incredible appeal to millions of people as a recreational drug. However, the prohibition of marijuana has left a giant missed opportunity for the American economy. Instead of taking advantage of this bumper crop, its illegal status has made otherwise normal, friendly people to seek out the drug on their ...