Pick A Tax Topic Of Emerging Interest And Write An Es 495537
Pick A Tax Topic Topic Of Emerging Interest And Write An Essay Of 150
Pick a tax topic topic of emerging interest and write an essay of 150 words; provide at least 2 sources. Internet research is expected. Submit your paper at the Turnitin link below. Assume the reader has no background information, so you must explain it for the uninformed. Examples: The residential 30% solar credit is scheduled to expire after 2016. If it expires, is this good policy? Pros and cons. U. S. Supreme Court partially repeals Defense of Marriage Act making it possible for same-sex married couples to file jointly. Power purchase agreements; do the tax benefits pass through to the user in the form of reduced purchase costs? An article in the sports section of the San Diego U-T on Sunday April 19, 2015, suggested that San Diego Padres must pay higher compensation to players to compete with teams in states with no state income tax. Really? General Electric recently announced plans to repatriate $36 billion in income by remiting cash to the U.S. parent. Really? Why? Members of the U. S. House of Representatives propose repealing the federal estate tax. Is this good policy? Pfizer and Allergan recently called or their reorganization (i.e., inversion). What is an inversion? Pfizer and Allergan recently called or their reorganization (i.e., inversion). Why? Maybe more later You may choose one of these or find a topic of your own.
Paper For Above instruction
Tax topics of emerging interest are continually evolving, reflecting changes in legislation, economic conditions, and societal values. One prominent emerging issue is the potential expiration of the residential solar tax credit, which was scheduled to phase out after 2016. This tax credit incentivizes homeowners to install solar panels, promoting renewable energy adoption. Its expiration could slow the growth of solar energy, impacting environmental goals and the solar industry’s economic viability. Advocates argue that terminating the credit might reduce incentives for clean energy investment, whereas opponents claim it could encourage market maturity and reduce government expenditure (U.S. Department of Energy, 2015; Solar Energy Industries Association, 2016).
Another significant topic is the debate over the federal estate tax, also known as the death tax. Many members of Congress have proposed its repeal, citing concerns about its economic impact and fairness. Proponents argue that it discourages investment and entrepreneurship, while opponents contend it helps prevent wealth concentration and provides revenue for public services (Tax Foundation, 2018; Congressional Budget Office, 2019).
Additionally, corporate inversion strategies have garnered attention. Companies like Pfizer and Allergan have reorganized through inversion, relocating their headquarters abroad to take advantage of lower tax rates. Critics argue this practice erodes the tax base and reduces federal revenue, prompting discussions about reforming international tax policies to discourage inversions (Joint Committee on Taxation, 2017; Congressional Research Service, 2018).
Overall, these emerging tax issues reflect ongoing debates about policy efficacy, economic competitiveness, and fairness. Whether discussing renewable energy incentives, estate taxes, or corporate inversion, sound policy must balance financial sustainability with societal benefits, aligning tax laws with national priorities and economic realities.
References
- Congressional Budget Office. (2019). The estate tax and the economy. Congressional Research Service Report.
- Joint Committee on Taxation. (2017). The impact of corporate inversions on revenue. JCT Report.
- Solar Energy Industries Association. (2016). Solar tax credits and policy outlook. SEIA Report.
- Tax Foundation. (2018). Reconsidering the federal estate tax. Tax Policy Bulletin.
- U.S. Department of Energy. (2015). Solar energy policies and incentives. DOE Report.