The objective of this study is to test whether the Affordable Care Act will have an effect on the professional tax preparation industry of Kingsport, Tennessee. To accomplish this objective, the researcher collected surveys concerning taxpayers’ initial reaction to the realization that the law affects their 1040. A two proportion test for equality was performed and failed to reject the idea that the ACA will have an effect on the tax preparation industry of Kingsport. Because this study failed to prove that the change in legislation causes a jump in clientele for the professional tax preparation market, the fight for market share falls to marketers. They will decide who will benefit from this landmark piece of legislation.

As the federal government seeks ways to stimulate our economy and reduce our national debt, understanding public attitudes on the role and size of government and the taxes that support it is important. This thesis evaluates how US public opinion towards government and taxes has changed from 1990 to the present, and analyzes several potential causes for changes that have occurred. It is intended to be an update of William G. Mayer’s 1992 book entitled The Changing American Mind, which analyzed changing public opinion from 1960-1988. In following his analysis, the causes I have analyzed are generational replacement, fiscal and economic indicator data, and important political events. Through and examination of public polling data from the last twenty years, I have concluded that attitudes fluctuated relatively mildly on these issues since 1990. My analysis reveals that generational replacement exerted little influence on opinions. However, analysis also reveals that major changes in fiscal and economic indicator data and various major policy initiatives induced the greatest swings in public opinion of the last two decades. I believe that these changes reflect that American aggregate opinion remains constructed on a post-Ronald Reagan ideological foundation, whose features include an inherent suspicion of government and resistance to taxes. Understanding this is crucial to understanding the nation’s political trajectory.

The 2016 House Republican Blueprint proposes business tax reform that establishes a destination-based cash flow taxation system (DBCFT). Supporters of DBCFT believe a border adjustment tax appropriately addresses the common concern that modern globalization has outpaced U.S. tax legislation. Stated goals of the border adjustment tax (BAT) are to reduce compliance costs, remove special interest subsidies and crony capitalism, encourage domestic economic growth. This paper contains expositional analysis on the theoretical ramifications associated with a shift to a destination-based system. I evaluate the current and proposed corporate tax systems against four generally accepted standards for a good tax: sufficiency, convenience, efficiency, and fairness. My research suggests that a border adjustment tax offers improvement in sufficiency and convenience. However, the BAT does not pass the criteria for efficiency and fairness. Lastly, I add scenario driven research on how the border adjustment tax (BAT) will affect business taxation in California. I conclude that statewide universal adoption of the border adjustment tax produces the highest California state tax revenue under a federal system of DBCFT.

Project (B.A.)--James Madison University, 2009. / Includes bibliographical references.

Hong Kong is considered to be the most economically free country in the world, but also has the highest amount of income inequality of any developed country. The Hong Kong government is able to sustain laissez faire policies due to its monopoly on land supply. Maintaining high property values allows the government to maximize revenue from property tax, which acts as a hidden tax. A major contributor to income inequality is the formation of oligopolies in Hong Kong that creates an anticompetitive environment. The interests of the government and oligarchs are aligned as both obtain significant portions of revenue from the property sector. As globalization makes Hong Kong even more vulnerable to external shocks, the government faces the challenges of increasing competition, diversifying its revenue streams, and closing the income gap while standing by its principles in order maintain regional competitiveness as an international business hub.

Many multinational firms, notably Apple Inc., have engaged in increasingly aggressive tax planning strategies which shift billions of dollars overseas. This paper examines the problem through a case study of Apple, concluding that while many loopholes are utilized, aggressive transfer pricing of intangible assets is the root of the problem. Several solutions are examined before concluding that the best solution is a partial elimination of deferral in the form of a minimum payout share.