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The importance of small businesses in the US
Articles and essays about trickle down economics
The importance of small businesses in the US
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“I’m not a businessman I’m a business, man, so let me handle my business damn” Jay-Z. In today’s society, politics tend to control how the world runs, which is corrupting the way Americans live their lives. Many small businesses fall into politicians’ hands, resulting in a practically government ran business. As politics continue to dominate the human population, corrupting many small businesses economic status, a result in a decline of their overall net pay is guaranteed. This is not fair for the many entrepreneurs that work hard to run a small business. If this is not stopped, politicians will continuously take advantage of small businesses. Politics are involved in everything done today; whether it is in a school, a sports team, the community, or at a local supermarket, politics can be seen everywhere. Becoming involved in politics is not hard, in fact, it is quite simple. One just needs to be electable. They need to have new ideas that will better the city or …show more content…
The Philippine Normal University claims, “corruption causes wasteful dissipation of limited resources by increasing the cost of development because funds are channeled outside the government to private pockets”. The impact of corruption is very hard on the citizens of the United States and is known as the trickle down effect. The trickle down effect states when corruption of the government tickles down to the citizens that it will affect them negatively. This often causes increases in taxes, prices of products and goods, as well as hardship on the way of life for American citizens. According to The Balance, many republicans use trickle-down economics to guide policy. President Donald Trump proposed cutting taxes for the wealthy. Ultimately resulting in more taxes for both the lower and middle classes. This will not only affect city and state taxes but more importantly sales taxes within each individual
Death and decay often convey corruption within a story. The use of this particular imagery allows one to make a connection between the natural world and the nature of people. Throughout Hamlet, a play, set in Denmark, which was written in the early seventeenth century by William Shakespeare, there are several instances where one sees decay depicting corruption. Though this play is filled with massive images of decaying nature, it is also filled with images of nature in its beautiful state. Because Hamlet portrays decaying and developing nature, it shows one that it is possible to maintain a sense of self in a world that strives on corruption.
Small businesses have become one of the biggest parts of American industry. The tax act includes deductions for business expenses and other tax cuts for small business owners. "By cutting individual tax rates and by delivering other incentives for investment in new equipment, 23 million small business owners will receive an average tax cut of $2,209" (Bush). This savings will allow small businesses to grow, which creates more jobs. Bush claims, "This law reflects a common sense economic principle: The best way to have more jobs is to help the people who create new jobs, and those are the small business owners of America." By starting new jobs the American economy is strengthened and encouraged to rebound.
According to the U.S. Census Bureau, nearly forty-seven percent of all businesses employ fewer than ten employees. Small business is a vitally imperative to our nation’s well-being. Small business is responsible for creating the majority of our new jobs, employing nearly half of the American’s private workforce, and providing half of our country’s private non-farm gross domestic product (SBA 2009). Regardless of your politics, since President Barack Obama took office in 2008, an immense degree of emphasis has been placed on small business. Some of the emphasis has been positive while other parts have been negative.
Money and the Corruption of American Society The American dream Sweet as a new millionaire The American dream Pre-packed, ready-to-wear. The American dream Fat, like a chocolate eclair. As you suck out the cream Luck by the tail How can you fail at this?
In today’s light, the Progressive Era is seen as a time period where people’s lives changed for the better, but none of that change would have been possible without muckrakers exposing the numerous problems that lied hidden from the American public. With the corruption of government officials, dangerous and unhealthy working conditions for young children, and poverty-ridden slums in cities, this article aims to expose three of the most prominent problems of the Progressive Era.
However the major party's have found ways to cheat. A loop hole which must be closed
I’ve loved politics since I was in 6th grade, I didn’t always have the best understanding of it all when I was younger but I was able to recognize that there were a lot of citizens who were disgruntled with their government’s progress. For example, as of August 2014, congresses’ approval rating is only 14% (Riffkin, 2014). As I’ve aged I realized that the recent Supreme Court decisions regarding corporate money and personal spending limits have made the government a less effective tool for the American citizens and that is why I’ve chosen to write on the influence of money in politics. I believe this is the most important political issue that we currently face because we are unable to pass the bills that reflect the views of the American people
Although small businesses do not make a lot of major deals with large investors, most small businesses create profit revenue greater than large corporations. Small business creators are very brave considering only ten percent of small businesses survive. Unfortunately, some communities do not support local small businesses; they only support the large brand name and force small businesses to die out. Since small businesses will not have a name brand known around the world, many people from communities will not support them because they are not known on a national scale. “This, in turn will affect the local economy and drive capital out of their local economy. On average, for every one hundred dollars spent in an economy, if spent on a
What is politics? Throughout history, people have participated in politics on many different levels. They may have participated through a direct democracy, in which they directly governed, or they may have participated through a representative democracy, in which they participated by electing representatives. As citizens’, people have participated in politics to attain the things they needed or wanted, the valued things. Participation in politics has been the way that people have a voice and change the things that directly affect their lives. Throughout the course of history, politics has been the competition of ideas; they decide who gets what, when, where and how.
People in third world country’s suffer under the hands of their corrupt leaders things like this happen in the united states, but they are not as noticeable as they are elsewhere. In third world countries like Syria, there is a lot of injustice in many things especially in the government. In certain instances, they call themselves a democracy and don't let their people vote in important decisions. Government corruption is a huge problem that needs to be solved and even though you don't know it, it effects everything you do.
As a result of that, the curriculum doesn't have the reliability to face new generation or prepare them to face the job market or develop themselves. Individuals in Pakistan cannot develop or contribute to the community. The old curriculums which teach at school in Pakistan do not help students to have ambitions or sense of Pakistan nationalism, the concept of tolerance, democracy and their regional and local cultural because of the failure of the education system in Pakistan.
Bribery is wrong, and it would be almost instinctive to point at the benefits of impartially functioning public servants and incorrupt corporations to our democratic society as justification. However, in this imperfect world where bribery is rife in varying degrees, is it possible to express this notion convincingly? Certainly 'because the UK Bribery Act says so' is far less persuasive to a council planning office in Shanghai than in London, and indeed in compliance with section 7 of the Bribery Act 2010 which relates to commercial offences, it is essential that this question is engaged with on a corporate scale and without assertion through dogma. Accordingly, this essay will argue that elements wrong with bribery are inclusive of both moral and economic considerations. Moreover, in conjunction with international mandates, advent of aggressive legislation such as that of the UK Bribery Act 2010 is representative of global efforts to eliminate bribery. Hence, it follows that bribery can never be considered a normal part of business because it is economically unsustainable in the long term.
Small businesses have been considered the mainstay in countries around the world. In many European countries for example, the small business has been considered crucial to the success and flourishment of the country in general. Most individuals start upon a small business venture in the hopes of realizing ownership, independent profits and personal success. Small businesses can prove extremely successful when planned properly. Studies suggest that several small businesses, however, close or fail within the first few years of operation. This failure suggests that a majority of small business owners may not have as yet realized the crucial success factors necessary for successful implementation of a small business.
and the company feels no loyalty towards its employees”, says Greg. He feels it prevents
When political officials misuse their governmental department power for personal gain it can cause all kinds of corruption in a system. Officials that directly relate their duties in office to life and cannot separate the difference between good and bad will always have a problem with corruption and it should be eliminated all over the world. Other illegal activities such as police brutality or repression of other political enemies are not under this name. In other countries corruption is not seen the same as it is in other counties such as traditional societies there is so much corruption and mayhem going on there no one there knows what is right or wrong. (Delattre, 2014)