Importance of taxation and subsidies in modern business?
1.Explain Importance of taxation and subsidies in modern business.
2.how taxes hurt production and how government subsidies can help production
3. why do governments often try to regulate business through laws and other legal requirements?
4. how can government regulation help and/or hurt businesses?
Taxation best answer:
Answer by simplicitus
Have you though about this at all?
1. Taxation and subsidies are completely different issues, with almost nothing in common.
2. How is "modern business" different from other business? The U.S. has had taxes and subsidies since its founding, hundreds of years ago. England has had them longer.
3. Do you really want a steel mill or coal burning power plant next door belching smoke and poisoning the local water? If not, why do you have to ask about regulation?
4. Have you tried doing a web search on any of this? How about "government subsidies hurt", "government subsidies help", or "government regulation?
5. Have you tried Wikipedia?
http://en.wikipedia.org/wiki/Regulation
http://en.wikipedia.org/wiki/Subsidy
etc.
Taxation
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