• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

NEW TAX PROPOSITION

Extracts from this document...

Introduction

TAXING TIMES "In this world nothing can be said to be certain, except death and taxes" - Benjamin Franklin Many illegalities occur via the Internet: however, they are difficult to end completely, as it is extremely hard to locate the anonymous perpetrators of these online crimes - this is why many question whether it is at all possible to regulate the Internet completely. Thus, I propose a tax on a specific aspect of the Internet which is actually completely legal (and hence has known parties and is as such taxable), and yet still has negative side-effects attached, as well as other physical products associated with it. The battle against global warming is now imprinted in the minds of many: indeed, it has become one of the defining factors of our generation. The usual scapegoats for global warming include cars, jets and polluting firms. However, according to a recent ICF survey commissioned by the Internet security company McAfee, the carbon footprint of spam is a colossal 33 billion kilowatts per annum, equivalent to the carbon footprint (per annum) ...read more.

Middle

This shows that the imposition of even a minute tax upon online subscriptions to UK porn sites and general porn would mean untold increases in governmental revenue, with inelastic demand guarding against huge drops in demand. Additionally, the negative side-effects of pornography (which include increased rates of sexual crimes - in the words of writer Robin Morgan "Pornography is the theory, and rape is the practice" - adverse psychological effects and, of course, the huge carbon footprint) would also decrease if the right level of tax was introduced: the inelastic nature of demand for pornography (as many become addicted to it) would mean that taxation may be used to ensure businesses in the industry would remain profitable, that the mentioned negative effects would decrease in significance and quantity and that enough revenue would be generated to combat the side-effects and other ills of society. I propose that a small fixed percentage tax should be imposed upon every subscriber to British-produced or hosted online pornography, as well as introducing charges to ...read more.

Conclusion

In times of crisis, luxuries are usually the first to suffer: however, pornography has a stable level of high revenue, as it serves as a distraction of sorts for people during these difficult times. So why shouldn't the vast wealth derived from something which provides no social benefit be used to help the nation? An industry should feel burdens befitting its effect on society and its stature, and the government should consider tapping this source of revenue in the same way that they have for alcohol and cigarettes (both of them, as pornography often becomes, addictive products), rather than considering an increase in VAT to 20% as they have rumoured to have been; such an influential and powerful industry (as portrayed by its rumoured role in the rise of VHS and the fall of Betamax) should come to the aid of the government which allows it to exist in its time of need. And there can be no doubt that the need at present is dire. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level UK, European & Global Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level UK, European & Global Economics essays

  1. Comprehensive Anatomy of China

    The People's Liberation Army (PLA), the People's Armed Police Force and the Militia make up the armed forces of the PRC. The following graph illustrates a comparative analysis of military expenditures for China versus 9 other nations. The PLA is the standing army of the state, which includes the national army, air force, and navy.

  2. Flower Industry in Netherlands

    * Globalization goals Since the Great Discovery in 15th century, Netherlands have understood the benefits brought by international trade. As one of the very beginning members of EU, the International Court of Justice is also located in Hague. Speaking of which, Netherlanders has a great outlook of world and is highly engaged in international affairs.

  1. Foreign Aid

    Other official and private lenders tend to lend or not ot lend according to whether the government in question has the approval of these two agencies. This gives them a great amount of leverage when negotiating economic policy decisions with developing nations.

  2. Critically assess the impact of the Internet and E-commerce on Tax Regimes in the ...

    This paper seeks to discuss the impact that Internet and Ecommerce is having on the conventional Tax Regimes of the Commonwealth Caribbean. This will be done by a thorough examination of the current tax bases used in the Commonwealth Caribbean to impose tax.

  1. "Strategies Applied in Organization in Big Chinese Society"

    And it's been found out that management education and training has played a vital role in the promotion of the development of the American economy (Wang, 2004). In a changing and demanding economy, the experience of management education and training is a very important tool for facing and handling the difficulties and challenges of companies.

  2. The New Age After the 1500s.

    By 1800, Europeans had made a large contribution to the peopling of new lands overseas. It was already discernible in the sixteenth century when there began the long expansion of world commerce which was to last until 1930. It started by carrying further the shift of economic gravity from southern

  1. Emergency Economic Recovery Program From the United Nations International Report, Vol. I, no. A1

    Urban rehabilitation and protected areas work will involve $1.5 million and institutional strengthening totaling $1.7 million. Technical Assistance Requirements A. Overview Official development assistance to Haiti up to 1991 amounted to some $150 million per year. This included balance of payment support, investment projects, technical cooperation projects and food aid.

  2. Peoples' republic of China

    Profits accruing to a foreign joint venturer may be repatriated (Crane, 1990, p. 63). If profits are repatriated, however, they will be subject to an additional (over and above any Chinese income tax previously imposed) 10 percent tax. Chinese income taxes on joint ventures are in the 30-to-35 percent range.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work