Compose a 3750 words assignment on corporate tax policy comparison between the united states and ireland: which policy is more effective in creating jobs and reve. Needs to be plagiarism free!

Compose a 3750 words assignment on corporate tax policy comparison between the united states and ireland: which policy is more effective in creating jobs and reve. Needs to be plagiarism free! Amongst the reasons predisposing to this difference being the tax rates set by individual countries. To be on top of the race in the competition of economic conditions, countries have applied policy that attract foreign investors and increasing exports, two engines that leads to strong performance in a country. The overall gain in structural policy and views or ideas incorporated here, creates more avenues for job creation and generating more revenues in an individual country. United States of America tax policy depicts very high rates since the twentieth century while that of Ireland portrays low rates in their tax policy. The difference has been determined in the corporate tax rate that is over 20% between the two countries. Economists have argued that the moves have had differences in the global competitive race. United States ranks behind Ireland in attracting foreign investors through corporate tax policies established. Theory of structure Illustration one: Structural corporate tax policies for USA and Ireland Ireland: 12.5% on trading (business) income, and 25% on non-trading income. United States: Federal 15% to 35%. States: 0% to 10%, deductible in computing Federal taxable income. Some cities: up to 9%, deductible in computing Federal taxable income. The Federal Alternative Minimum Tax of 20% is imposed on regular taxable income with adjustments 4. United States of America corporate structures The structural corporate tax rates in the USA are very high. These have left the country facing many challenges in sustaining the economic standards at a time when the inflation is high and adverse economic conditions are looming all over the world. The value of the dollar is reducing with the passing years since there is reduced income generation and the spending by the government has increased. With the high standards of living, the unemployment rates have risen to 30%. The effects substantiating to this have been argued by Paul O’Neil, the treasury secretary, towards high corporate tax rates that has discouraged financial investors from other nations. He argues that the move would make United States more formidable from this simplification. Hubbard, the chairman of the president’s council of economic advisors emphasized on the same move as O’Neil in tax policy reforms. His case was however for reducing the corporate taxes and capitals gains. He also suggested that an alternative minimum corporate tax rate should be adopted. The international tax and trade policy needed to be readdresses as a perspective from the tax foundation. According to Jim Saxton, the chairman of the Joint economic committee of the United states congress, in the year 2005, the tax policy in the nation were unfairly imposed on business revealing very high rates and large costs to the business. He argued that these tax impositions were not necessary and reforms should be undertaken in the tax policy. Close to a decade later, much has not been seen to have taken place. The tax rates are still very high, foreign investment low and further the nation seeks other avenues of generating income. The tax structure of the United States has been viewed as a complex and very ineffective in application. The federal government bodies enjoy reduced rates while the business ventures accrue to very high costs payable to tax authorities. The capital gains are not recognized as allowable deductions in the recent times following their removal from the tax policy. They are treated as taxable part of the income.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more