An Epidemic in the Government was the The American...

Government is â€Å"a branch or service of the supreme authority of a state or nation, taken as representing the whole.† The government was a system that was ordained by God in order to maintain liberties that God has granted us and also punish those who disobey God commands. One of the roles given to the government is to promote economic progress by protecting the rights of individuals and allowing for the free market economy of the laws of supply and demand to free take place. One epidemic that has surfaced over the years would be the The American Taxpayer Relief Act of 2012. The law allows for many of the â€Å"Bush tax cuts† to retain while those who have a higher income are taxed at a higher rate. One of the major problems that this act of legislation causes economically is an unequal taxation of different groups based on their income. Those who make $400,000+ are taxed a rate of 39.6% of their total income. (H.R 8, 112th Congress) This does not incorporate sales tax and property taxes that are also taken each year as well. In the book â€Å"Economics in One Lesson† by Henry Hazlitt, one topic that is discussed is how taxes discourages production. In the case of The American Taxpayer Relief Act of 2012, those who are of working class category will not see a change in their tax rates. This is great since the monetary funds that they do not pay in taxes they can either invest or use in the market. However, the taxes for those who are of upper class status have the burden. As HazlittShow MoreRelatedThe Supplemental Nutrition Assistance Program Essay2344 Words   |  10 PagesSNAP, originates from the Agricultural Adjustment Act of 1933. It was established in the Great Depression era as the Federal Surplus Relief Corporation when crop prices fell drastically and farms were struggling to deal with the excess supply. 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No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the priorRead MoreGsk Annual Report 2010135604 Words   |  543 Pagesfollows is our report to shareholders for 2010. Progress we have made in the year can also be seen by visiting our website: www.gsk.com/corporatereporting Notice regarding limitations on Director Liability under English Law Under the UK Companies Act 2006, a safe harbour limits the liability of Directors in respect of statements in and omissions from the Report of the Directors contained on pages 8 to 101. 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An earlier version of the book was published by Wadsworth Publishing Company, Belmont, California USA in 1993 with ISBN number 0-534-17688-7. When Wadsworth decided no longer to print the book, they returned their publishing rights to the original author, Bradley Dowden. The current