Monday, December 23, 2019

Project On Land Value Tax - 1319 Words

This semester I have been doing research about property tax. I extend my own synthetic research in the summer of 2016 and the experiment work by Dr. Duke and Tianhang Gao in October, 2016. Since I was participating in the experiment of land value tax, I have had basic knowledge about the nature and functionality of land value tax. Therefore, my initial goal for this independent study is to use Matlab to build a simulated environment in which property owners make decisions about land improvement under different property tax regimes, land value tax and uniform property tax. The simulation test is similar with the experiment designed and conducted in previous; however, the main difference between this simulation and the previous experiment is†¦show more content†¦The price of both improvement choice and other consumption is 1 temporarily in order to make the simulation easy to understand. The government would collect up to the tax cap, TaxCap = $700,000 dollars, as tax revenue, and the exceed amount of tax collected, which is tax return, TaxR, would be distributed to all households evenly as a part of household income(1). TaxRit = ÃŽ £ Taxit - TaxCap The tax collected from households prior to redistribution is based a tax revenue function consisting of the current year’s land value, LVit, land tax rate, TaoLL, current year’s improvement value, IVit and improvement tax rate, TaoIV(2). (2) Taxit = LVit * TaoLL + IVit * TaoIV We assume that every household tend to maximize their money utility, MUit. Therefore, households would like to find the first order condition of their own money utility function and choose the optimal units of improvement(3). (3) MUit = (Incomeit * rt – xit * pxt)ÃŽ ± * xit(1-ÃŽ ±) + ÏÆ' * IVit-1 s.t. pxt * xit + pyt * yit = Iit – Taxit-1 + TaxRit-1 Monte Carlo and heterogeneity The second part of my study isShow MoreRelatedCh8 Bethesda Mining Comapny1004 Words   |  5 PagesBethesda Mining Company To be able to analyze the project, we need to calculate the project’s NPV, IRR, MIRR, Payback Period, and Profitability Index. Since net working capital is built up ahead of sales, the initial cash flow depends in part on this cash outflow. So, we will begin by calculating sales. Each year, the company will sell 600,000 tons under contract, and the rest on the spot market. The total sales revenue is the price per ton under contract times 600,000 tons, plus the spot marketRead MorePalm Hospital Notes Essay1051 Words   |  5 PagesPalms Hospital (Traditional Project Analysis) Palms Hospital * 250 bed capacity; investor owned; Islamorada, Florida * Founded in 1946 by Rob Winslow, went back in 1967 after the war * High economic growth, population expansion * Acknowledged to be one of the leading healthcare providers in the area * Currently evaluating a proposed ambulatory (outpatient) surgery centre * More than 80% o all outpatient surgery is performed by specialists * Minor procedures take aboutRead MoreHong Kong Disneyland988 Words   |  4 Pages1. How would you value the Hong Kong Disneyland project from the perspective of Walt Disney? 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When making the capital-budgeting decision for constructing a building to manufacture cupcakes one should focusRead MoreThe Value Drivers From The Hong Kong1053 Words   |  5 Pagesbenefit will be of the project to the Hong Kong economy and how we should strive to structure the venture in negotiations with Disney to maximize the net benefit to Hong Kong. Based on our best assumptions about the future and how we think the venture will ultimately be structured, we believe that the net benefit to the Hong Kong economy will be HK$345,689.79 million dollars. In the following paragraphs, we will provide some background information on the project, identify the key value drivers from ourRead MoreGR Hotels Essay1652 Words   |  7 Pagesand improve occupancy rates. WHAT ARE THE MAJOR ALTERNATIVES? 1. Exercise the land option: a. Build a conference centre b Purchase land and keep for future c Sell the land for a quick profit 2.Upgrade one or both hotels to upscale status. 3. Attract more leisure travellers PREFERENCES OF STAKEHOLDERS. BOARD: Persue new direction: increase occupancy rate; attract business travellers. SHAREHOLDERS: 15% Tax return on any proposed investment. BANK: Operating profit of 11% revenues per yearRead MoreEvaluating Cash Flows: Depreciation Tax Flow Analysis739 Words   |  3 Pagesï » ¿1. The first step to evaluating the cash flows is to conduct the depreciation tax flow analysis. Depreciation is not a cash flow, but the depreciation expense lows the taxes payable for the company. As a result, the tax effect of deprecation needs to be calculated as a cash flow. There are two depreciable items on the companys balance sheet the building and the equipment. The equipment is known to have a seven year depreciable life, which will be assumed to be straight line. The building is alsoRead MoreEssay on Finance1489 Words   |  6 Pagestransmitter and surveillance aircraft projects? The cost of capital is used to discount the expected cash flow of a proposed project to its present value to make an evaluation of whether to proceed or drop out the project. Normally, a company cost of capital or WACC is used as the discount rate for projects. However, as WACC represents the average rate of return demanded by investors in the companys debt and equity securities, it is only a suitable discount rate for projects that have same risk as the companysRead MoreEssay on Case Study1053 Words   |  5 Pagesmaximize its total market value, would you recommend that it issue debt or equity to finance the land purchase? Explain. If Stephenson wishes to maximize the overall value of the firm, it should use debt to finance the $95 million purchase. Since interest payments are tax deductible, debt in the firm’s capital structure will decrease the firm’s taxable income, creating a tax shield that will increase the overall value of the firm. 2. Construct Stephenson’s market value balance sheet before itRead MoreInquiry Essay834 Words   |  4 PagesGood afternoon Dr. Morris, Thank you for replying to my inquiry. I believe the best place to start with this project would be to give you a bit of background information and the surrounding context from which the project originates. The City of Southfield, Michigan is a VERY large and complex assessing jurisdiction due to the great variety of land uses within the city. We have a little bit of everything and a lot of some uses including movie theaters, arcades, hotels, and a lot of high rise multistory

Sunday, December 15, 2019

Journal Entry Free Essays

Wing evolution has been a highly debated topic in insects. Wings play a crucial role for insects since they are used to assist with collecting food, migration, fleeing from predators, and many other activities. There are three main theories that have been thoroughly researched to help explain the evolution of wings. We will write a custom essay sample on Journal Entry or any similar topic only for you Order Now These theories include the parental origin of wings, the tracheal gill theory, and the exit-endive theory. The parental origin of wings hypothesis states that wings developed from parental lobes. When insects fell on the ground, nobles first acted like a racquet so the insect can land swiftly on its feet and scurry away from predators. As nobles grew larger they developed from gliders into wings. The main evidence behind this theory is the presence of broad thoracic onto and wing like pornographic lobes on fossils Of Ephemerals, Plenipotentiary and Appropriate that show venation and articulation (Whitfield 324). The tracheal gill hypothesis postulates that wings developed from tracheae gills since both were thin, membranous and mobile. Gills first started off for being used for breathing in oxygen, then used as fins to promote locomotion, ND finally modified the spiracles which reduced water loss to permit gliding which eventually turned into flying. Wigglers supported this theory by stating that wings and legs could be found in the thorax if it was originated by exits (Whitfield 325). The exit-endive hypothesis proposes Koala-Peck’s theory about wings developed from exits that were found on many leg bases of early insects. Later, it was found that those insects also had endives. This theory was us ported by the fact that wings are originated from a structural feature that already had the necessary muscles, tendons and appendages of insects. This was later proven by the dismissal of Montana’s theory that insect’s legs are different than other arthropods legs (Whitfield 326). Live that the exit-endive theory seems the most plausible since it is most likely that wings emerged from endives and exits since those features were already present in insects. Also this theory has the most support compared to the other two theories and there are not many who oppose this theory. For the tracheal gill hypothesis to be true, the invasion of land would have to happen twice to accommodate for both insects with wings and without wings, How to cite Journal Entry, Papers

Saturday, December 7, 2019

Treatment of African Americans and Native Americans in Colonial America free essay sample

This paper discusses the treatment of African Americans and Native Americans during Colonial times. This is a paper about the different treatments toward blacks and Native Americans in colonial America by whites. The author looks at the differences and the similarities in the way these two populations were treated. In dealing with outsiders, White Europeans who controlled the continent held many similar views. These outsiders included the Native Americans and the African Americans. Both peoples were treated in parallel and in opposing ways by the whites in power. The most obvious way that the two groups were treated the same is that they were dealt with in a very ethnocentric way; whites assumed that they were superior to both groups. Both groups were not dealt with in the same way from the onset. Native Americans, who were living in the country long before the whites, were killed, stripped of their land, and mislead as to their future in the new white world. We will write a custom essay sample on Treatment of African Americans and Native Americans in Colonial America or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Africans were brought into the country, a large distinction, because whites needed them here. They were at first used as indentured servants, and it was a gradual change that shifted over to slavery. From there on came restrictive legislature, and a view of them as savages. The two groups were both treated differently by whites in terms of how they were oppressed, but the overriding theme in both cases is that the white Europeans saw both as inferior races.