Wednesday, July 24, 2019

Taxation Essay Example | Topics and Well Written Essays - 750 words

Taxation - Essay Example Countries have long been striving to introduce a better tax regime in order to get out from economic depression. Accordingly, they are designing the reform agenda aimed at implementing a better tax mechanism in the country. Global experiences regarding the tax administration suggest that the core reason behind the failure of the tax mechanism in not addressing the issues of tax regime effectively is the imbalances of fiscal policies of the country. In preparing the paper, intensive efforts have been made to closely scrutinize the taxation system in America with particular emphasis on sales tax. While conducting its study, the paper has found the following two articles being much relevant to the paper as they discuss about the taxation of a particular good. rate prevailed in different states of America. The writer has opined that the sales tax in America is not same; rather it is of different rate in different states. In some states, sales tax is applied in case of buying the goods over Internet. The writer has also given the message that there is also an option of purchasing some goods that are free from paying tax. This article examines the imposition of tax on VMT (Vehicle Mileage Tax) basis in particular context to Oregon states. Under this, the motorists would be subject to pay tax on the range of driving per miles. Critics point out that it is an instrument of infringing personal liberty and a record in our democratic history for interfering the personal liberty. Every goods or products purchased are subject to sales tax. Of course, there are some exceptions in this regard as it has been quoted: â€Å"Sales of taxable tangible personal property to nonprofit hospitals, nonprofit educational institutions, churches, orphanages, other nonprofit charitable or religious institutions and organizations, and homes for the aged, sick, or infirm whose property is excluded

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