State Tax Reform Essay Example | Topics and Well Written Essays - 1250 words - 17

State Tax Reform - Essay Example Investments in education and infrastructure have escalated. In response to the continuously weak economic performance of North Carolina, a significant change to the tax system has been proposed. According to research conducted by Civitas Institute, chaired by Arthur Laffer, it is claimed that a reduction of tax rates for the wealthy and the elimination of corporate tax will revive North Carolina’s economic performance and induce the creation of numerous job opportunities (Johnson, 2013). The Civitas/Laffer proposal would profoundly change North Carolinas tax framework by abolishing the personal income tax, franchise tax and corporate tax, which in aggregate generate 65 percent of the states income, and to a great extent supplanting this income with a higher sales tax that would apply to more products and services. In particular, the proposal would: first, abolish the personal income tax. Second, abolish the tax on corporate income (Johnson, 2013). Third, abolish the tax imposed on franchise business. Franchise businesses are businesses that benefit from already established brands and models by another organization. In California, the franchise tax is proposed to apply only to those franchise businesses incorporated within the State. The franchise tax is significant to the government since it is a source of revenue. The tax generates $ 650 million, thus the source of its significance. However, it is not as important as a corporate tax since the latter generates more revenue to the State government – $ 1.1 billion. Personal tax is the most important since it generates the highest amount of revenue to the government - $ 10.3 billion based on the fiscal period 2011-2012 (Johnson, 2013). Â  

Quantitative Research Design Assignment Example | Topics and Well Written Essays - 1250 words

Quantitative Research Design - Assignment Example The researcher states that quantitative research design is further divided into two categories. The first category is the descriptive type of quantitative research which establishes only associations between variables. The second category is experiment quantitative research which establishes causality. These two types of quantitative research designs can be further categorized into specific designs. In experimental design, a researcher does more than just observe the subjects. Under the time series, one or more measurements are taken on all subjects before and after a treatment. However, one major problem may arise in time series. As Hopkins explained, some changes that can be observed in the experiment might be due to other than treatment. He presented that subjects might do better in the second test because of their experience in the first test. To give the solution to this problem, a crossover design can be used. Two population samples are needed in this design. The first populati on actually receives the actual treatment while the other population of the sample remains a reference. Hopkins added, â€Å"If the treatment effect is unlikely to wash out between measurements, a control group has to be used. In these designs, all subjects are measured, but only some of them, the experiment group, then receive the treatment. All subjects are then measured again, and the change in the experimental group is compared with the change in the control group.† Under such circumstance, a laboratory experimental design is under controlled condition. The study conducted by Anderson is considered a laboratory experiment in which the experimental groups were actually told not by the actual objective of the study. The experiment design is a single-controlled trial because the subjects are considered blind. In this regard, the researcher might be able to control the conditions better which makes the experiment more reliable. More so, this experiment can be replicated and c an establish cause and effect relationship.