But some cities like Oakland Park say they have planned ahead for the cuts (Wyman, Hafenbrack & Kleindienst, 2007). Regardless, the loss of revenue will include firing many employees, like the 1,000 Miami-Dade County employees who already learned the county was eliminating their jobs to provide property tax relief in 2007-2008. Countywide, if the new reforms are passed, 1,200 positions will be eliminated in Miami-Dade. Only 375 of them are administrative positions. Most of them involve transit, corrections, parks, aviation. However, the state assures residents that necessary members of the fire and police department will not be laid off in any counties, and some positions targeted for cutbacks will be transferred to other departments, and simply not renewed ("County Budget Provides Tax Relief, Loss of Jobs," Local10 News, 2007). Despite the concerns about the loss of jobs, the consensus is that the relief is necessary, especially for low-income seniors. As property values in Florida have skyrocketed in recent years, property taxes are a function of property value. During the housing market boom homeowners on fixed incomes struggled. The state government became...
In year 2005-2006, $25.7 billion in property taxes were levied by the state. By comparison, only $11.2 billion in such taxes were levied in 1995, before the housing boom. Floridians need relief -- and also the state must break its dependence on inflated property values, given the recent downturn in the market and the subprime mortgage crisis.
(Restructuring California's School Finance System) The requirement of funds that the schools necessitate is also a matter of controversy attracting the attention of courts in California. The ACLU filed a writ petition of Williams et al. Vs. State of California et al. emphasizing that the state fails to meet the obligations in providing all students with basic educational necessities. The local school districts appearing the law suit of ACLU were
Video Tape and Disc Rental Rentals Catalog/Mail Order Retailing Health and Personal Care Stores Retailing Table 2: Comparisons of Most Risky Small Business (BizStats.com, cited by Telberg, 2003) An Engine of Economic Growth More and more, Craig, Jackson and Thomson (2007) argue, policymakers perceive the small business sector "as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs." These authors stress that encouraging lending
……South African Municipalities Municipal Revenue Loss Reduction through Improved Municipal Valuation Methodologies:Balance Sheet Enhancement of South African Municipalities to Improve Rates and Taxes Revenue GenerationAbstractThis study examines the property valuation process of Municipalities in South Africa and develops a strategy for strengthening that process in order to more efficiently value properties and ultimately to enhance municipal balance sheets and increase revenue streams. This study proposes an innovative valuation method based
Tax Letter The IRS Restructuring and Reform Act of 1998: Summary of the Key Provisions Just the other day, on July 22, his Excellency the President signed into law the above mentioned Act. In basic terms, the Act brings fourth significant changes in not only the management but also the oversight of the IRS. This letter will focus on the Acts' key provisions. Capital Gains Holding Period Previously, non-corporate tax payers' capital gains have
This became a reality with the killing of the tsar in 1918. The death of the tsar was the visible reaction to a series of underlining causes that would eventually encourage the raise to power of a political ideology that addressed these issues and offered political and propagandistic solutions. The social situation of the populations was rather grim during the tsar's regime. Russia had been engaged in the First World
Direct to Consumer Advertising HISTORY OF DRUG ADVERTISING THE DTC ADVERTISING PHENOMENON CREATING DEMAND DECEPTIVE ADVERTISING - A WOLF IN SHEEP'S CLOTHING CAUSE OF DEATH PROFIT UTILIZATION, PRICING, AND DEMOGRAPHICS LEGISLATION, POLITICS AND PATENTS LEGISLATIVE INITIATIVES REGARDING DTC RECALLED and/or DEADLY DRUGS In order to provide the most efficient method of evaluation, the study will utilize existing stores of qualitative and quantitative data from reliable sources, such as U.S. Government statistical references, University studies, and the studies and publications of non-profit
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