In chapter 8 there was much discussion on taxing and how different strategies affect behaviors and income. Examine the following situation: Your city has decided to examine ways to diversify the funding of the fire department. The community needs to find a way to bring in $100,000 in revenue this year. It can not cut spending by $100,000, as any reduction in spending would result in failure to meet regulation and compliance requirements. It is removing $100,000 of the current funding from sales taxes and reallocating it to the parks department. Therefore, it is looking at doing 1 or more of these to raise the money (which then goes into the fire budget):

Are you Still stressed about writing my discussion essay?

Get profesisonal assistance from our discussion essay writing experts!

Order now