Imposing consumption tax on Saudi consumers and its contribution in promoting economic growth Essay

Introduction Saudi-Arabian-Arabian miserliness mostly relies on oil industry and its government has much control over instinctive resources and main frugal activities in the land. Ultimately, the economy of Saudi is centrally planned and therefore has free trade economy. As it can be affirmed, oil industry returns to approximately 45% of the total budget value revenue hence making it imperative to the harvest of the country. Till now, Saudi Arabia does not think that there is whatever need for inspiration revenue however, the country may face many problems in the future what may affect the economy if the oil dry out. A recent analysis from Citigroup has raised the alarming supposition that Saudi Arabia might become a net oil importer by 2030Could Saudi Arabias oil color Exports Dry Up?, 2012. However, in order to Find a Solutions to channel in raising Saudi Arabia economy for long run, and Focusing in another source rather than oil. In order to nourish frugal stabil ity, we want to direct the possibility of deluxe consumption tax income beside zakat on Saudi consumers and how it will add together in promoting economic harvest-home.Basic conceptAccording to the dictionary, Zakat iscalled (Islamic tax) or (religious tax), it is an annual tax on Muslims comprising percentages of individualized income of every kind to aid the poor in the Muslim community.zakat enquire aimThe query aim is to determine the possibility of dire consumption tax on Saudi consumers beside zakat and how it will contribute in promoting economic suppurationSub problems1. How consumption tax contributes in promoting economic harvest-time.A) Why consumption tax.B) Mechanism of economic growth.C) Identify mechanism of promoting economic growth by consumption tax.2. The possibility of imposing consumption tax on Saudi consumer.A) Analyze tax musical arrangement for promoting economic growth.B) Analyze Zakat system for promoting economic growth.C) Comp are (a) and (b) to determine the possibility of imposing consumption tax (the importance or how valuable is the consumption tax).3. Determine the possibility of using consumption tax for promoting economic growth of Saudi Arabia.Research ObjectivesAs noted in the above information, the main aim or purpose of conducting this research is to investigate the possibility of imposing consumption tax on Saudi consumers beside zakat and how it will contribute in promoting economic growth. The following information provides the objectives and research questions for the study. To determine the importance of tax particularly in promoting the growth of economy To analyze all best and possible means of imposing consumption tax on Saudi consumer To determine the possibility of using consumption tax for promoting economic growth of Saudi ArabiaHypothesis assorted studies conducted on consumption tax seduce revealed that consumption tax has a major effect on the countrys economic activities which can greatly af fect economic growth, so in this physical composition we investigate how consumption tax contributes in promoting economic growth. We hypothesized that imposing consumption tax contributes in promoting the growth of Saudi Arabias economy.We also hypothesized that the difference between tax system and zakat system will contribute in determine the importance of the consumption tax.Literature reviewEssentially, previous research indicates a closing kindred between introduction of consumption tax and economic growth in a country. umpteen economists argue that imposing a consumption tax implies increase in government revenue and gum olibanum increase in the country GDP which is essential in reflecting the countrys economic growth. in that respect are limited studies tried to identify the relationship between tax structures and economic growth, Here is some of the related literature Arnold, J. (2008) has focused in studying and analyzing the relationship between tax structures and economic growth by enteringindicators of the tax structure into a set of panel growth regressions for 21 OECD countries he ready the following results1. Income taxes are associated with significantly lower economic growth and lower levels of GDP per capita than consumption tax and property tax.2. Respectively, property taxes, and particularly recurrent taxes on immovable property, then consumption taxassociated with the highest levels of GDP per capita. Therefore, these taxes are the most growth friendly taxes in economic growth.3. Corporate income taxes have morenegative effects on GDPthan personal income tax. In general, the relationship between the income taxes and growth is negative relation.4. The progressivity of income taxes and growth are negatively related.Also, Widmalm (2001), Padovano and Galli (2002) canvas the relationship between progressivity of income taxes and economic growth in 25 countries, they reached the same result, the progressivity of income taxes and econ omic growth are negatively related.Various studies conducted on consumption tax have revealed that consumption tax has a major effect on the countrys economic activities which can greatly affect economic growth. Brys (2010) in his book OECD Tax Policy Studies Tax Policy Reform and Economic branch outlines the various effects consumer tax can have on economic activities of a country.In the book, he fixs that consumer tax will affect employment and working hours, affect international trade and regulate the activities of the underground economy. Brys continues to state that differentiated consumer tax will encourage people to work, lead to a yield in environmental benefits and reduce inequalities in income. When all these factors are brought together, economic activities of a country are likely to be affected in various ways.MethodologyResearch courtA good research is the peerless that provides answers to the research questions, validity, objectivity, accuracy, and economy. A resea rch design is the plan and structure of investigation to obtain answers to research questions. The study adopted a qualitative survey structure. Qualitative research is also adopted since it investigates the social constructivist effigy and relies on the socially constructed human race nature.It aims to fundamentally record, analyze as well as determine the substance and meaning of imposing consumption tax on Saudi consumers and its contribution in promoting economic growth. The approach is not initially based on any entropy to be compared but on the perceptions of those who have experience and knowledge based on consumption tax and its potential in enhancing economic growth of a country. The qualitative research approach here supports positivism whereby although there is no selective information to be compared as part of quantitative research, the fundamental construct of the research is based on a reality that cannot be changed.The type of this study requires to use qualitativ e research, in this study we will gathering data from the past studies related to our theme (about the effect of tax on economic growth and then, we will analyses this data And weight all the Pros and Cons, advantage and disadvantage of all type of taxes and decide which type is best for the growth of the economy.We will analyze both of tax system and zakat system and their relation with economic growth, then analyse both system and find the similarities and difference between them. Then study those differences and find solutions that may contribute in the economic growth of Saudi Arabia.Data analysis and discussion The raw materials were collected in a systematically organized manner that facilitates the analysis. To permit qualitative analysis, the data received was edited to vouch completeness, consistency, and uniformity before being analyzed to make it meaningful information regarding the study theme which is implications of imposing consumption tax in Saudi Arabia. Collectiv ely the data analyzed enables the study to establish the relationship of consumption tax and economic growth.ReferencesBrys, B., & Organization for Economic Co-operation and Development.(2010). Tax policy reform and economic growth. genus Paris OECD.Could Saudi Arabias Oil Exports Dry Up? (2012october3). nvesting dailyhttp//www.investingdaily.com/15734/could-saudi-arabias-oil-exports-dry-upalmohainykhaledmohammed. (2003). The role of the tax in the process of economic and social development. Damascus University Journal , Volume 19 Issue II.zakat. (). dictionary http//dictionary.reference.com/ patronise/zakatArnold, J. (2008), Do Tax Structures Affect Aggregate Economic Growth? Empirical Evidence from a plank of OECD Countries, OECD Economics Department Working Papers, No. 643, OECD Publishing.Bleaney, M.F. N. Gemmell and R. Kneller (2001), Testing the Endogenous Growth Model Public Expenditure, tax and Growth Over the Long-Run, Canadian Journal of Economics, Vol. 34(1), pp . 36-57.Schwellnus, C. and J. Arnold (2008), Do Corporate Taxes Reduce Productivity and enthronisation at the Firm Level? Cross-country Evidence from the Amadeus Dataset, OECD Economics Department Working Papers, forthcoming.

Vitality and prosperity of the University

I am most pleased to apply for the A. banister scholarship. I find been exposed to persistence and rough work since I worked in a restaurant to support my developing. I harbour also worked efficaciously with teams. The atmosphere in my past student spiritedness is one of great openness for new insights, possibilities and differing opinions.I live on that in most situations, I need to be a veritable leader, integrating the different inputs, troubleshooting tasks to be sure that each person is contributing what is needed at the right moment, and controlling the flow of events done the postproduction conclusion. I view my experience in the restaurant as one of the most substantial exploit to date because of the great challenge it represented to me. Part of that learning is to have faith in my mogul to meet difficult challenges.I believe in team productivity that would help serve self- getment and personal fulfillment, and by extension, the vitality and prosperity of the Unive rsity. I have the passion to create myself through everyday work, yet I thrive in that and I cannot wait to channel my energies towards these worthy efforts at the University. During my first college search process, I still did not realize that ones personality must be congruent with the university he wants to study. I would have spent more time deciding where I want to attend college.I would have challenged my ideas of what I wanted to do. I am once again faced with the get hold to do things I did not do the first time around. Now that I am more mature and have a better idea of what my priorities are, I will have a better grasp of what I really want to do in my life later on. I will take an dynamic role in organizing groups whose efforts are focused on the spiritual area of ones life and not only the academic part.From my talks with friends, I learned that this University provides the intellectual and social experiences from which the students can develop skills, knowledge, inter est and attitudes that characterize people as individuals that shape their abilities to perform adult roles. Some of these influences are intentional, such(prenominal) as instruction in a specific subject, and some are unintentionalfor example competitory grading, possibly leading to low motivation. In a changing society, the challenge continually facing educators is how to bare the societys diverse cultural heritage, as well as prepare individuals for the future.I know that I have cultivated the habits that encourage me to become an energetic team member. This has sharpened my sensitivity in functional well with people of varied backgrounds and I am able to utilize the specific strengths of others to develop workable solutions to problems. In a team environment, one is required to both give and take. I have had the chance to develop these skills in the past.These are the reasons why I think I am deserving of the A. Bannister scholarship considering my career goals. This seems al l abstract to me now but I believe in the schools overall thrust and I feel that this is one big step towards achieving my personal goals and at the same time contributing my own share to the university.

Motivation.learners are motivational Essay Example | Topics and Well Written Essays - 1000 words

Motivation. pupils are motivatingal - Essay Exampleearchers have shown that learners attribution of success and failures is an essential part of whether the learner will attempt, complete and repeat activities. Therefore, most motivational issues of Jake buns be addressed by these theories of the Banduras social cognitive theory, and attribution theory.Self talent impact the choice of activities. Self-efficacious students readily undertake gainsay and difficult tasks to a greater extent readily than do inefficacious students. (Bandura & Schunk, 1981). It is possible that Jake held a low sense of efficacy for acquiring cognitive skills that attempted him to avoid boring tasks, whereas if he judged himself more efficaciously, he should have participated more eagerly.Self-efficacy can also influence motivation. Students with high sense of efficacy for learning should expend greater drift and persist longer when they encounter difficult tasks than those who doubt their capabilities (1981). Therefore, Jakes lack of motivation and low military campaign to take challenging and difficult tasks can be associated with his low self efficacy.Efficacy and outcome foresight are closely related to students who perceive themselves as capable of performing well expect flourishing performances, which in turn promote self-efficacy. Therefore, Jakes low efficacy influenced his outcome expectancy and performance during his raw(a) school year. Also, poor performance in turn, results to low efficiency. In addition, Jakes lack of motivation can be demonstrated according to attribution theory.Learners who have perceptions of ability in failure are belike to assume that performance is not in their control. Therefore, Jakes negative attributional style (attributing failure to ability) contributed to his lack of motivation in engaging in difficult tasks, and developing skills.In Addition, learners negative attribution responses are related to inferior use of strategies (Schrieb er,2006). Without high self efficacy and the tendency to

Economy Essay Example | Topics and Well Written Essays - 750 words - 1

Economy - Essay ExampleAt the same time the sociological factors for divorce, single pargonnts and make up lesbian and gay weddings has entered into the equation, further increasing choices and complicating matters. When the marriage roles were highly specialized, it gave more(prenominal) power to both populace and wife. However the dilution of these roles was necessitated by changing economic circumstances and uncertainty, which led to the evolution of dual income families and its negative clash on family life. Opportunities for women had expanded by the end of the war since some of them had trained to take over young-begetting(prenominal) dominated jobs in factories, shops and other establishments. Social acceptance of cohabitation, sex outside marriage and divorce had squeeze upon the role of the family. From a high point in the 1960s, marriage had plummeted to lower rates in the seventies but steadied somewhat since the 1980s (Blau, Ferber & Winkler, 277). Today community prefer to cohabit with or without marriage or children. Recent trends indicate that the median age of marriage has also gone up since people defer getting married till they are well settled individually. There is a mark decline in the space between first and second marriages for the lower segments of the population. While black women are lifting themselves up through education, black males are still falling victim to crime, criminal activities and blame them maybe erroneously on lack of opportunities for blacks. When it comes to divorce, the specialization of labour roles and opportunities for increasing incomes to become self- congesting has been seen as a reason to walk out of an unhappy marriage. Lack of support in the home and sudden spillage of jobs impacting incomes have also been factors for increasing rates of divorce. The trend is that divorce has shown an increasing trend from the 1960s to the 1980s, and then steadied somewhat and has declined to 3.6 per 1000 couples in 2006 (Blau et al, 280). As regards cohabitation, while this was taboo and frowned upon in the 1960s, it has become unremarkably accepted today. Research suggests that it is a prelude to marriage in the USA, with as much as 50 percent of cohabiting couples deciding to get married eventually. Recent trends suggest that young couples today are more inclined to experiment with cohabitation for the short or long term as a prelude to marriage. As regards the comparatively recent trend of same sex marriages and cohabitation, this relationship is non without its problems, as the separation of sex roles is less pronounced and one person may be not willing to step into a defined role for the long term for the mutual benefit of both. When it comes to the question of fertility, the important factor is not only biological, as it does impact on cost of raising a family, juggling responsibilities, career sacrifices, pop glowering life balance and quality of children raised. The legalizatio n of abortion, social acceptance of cohabitation with or without children and even rules for child support has affected the decision to have children. Dual income families have a number of advantages over single grow families, including the full development of the children resulting from the relationship. In Chapter 11 of the book, the authors discuss policies affecting paid employment and the family. The discussion starts off with the former US Welfare program entitled AFDC or Aid to Families of Dependent Children began in the 1960s. primarily started with a view to support widows, the

Articles Essay Example | Topics and Well Written Essays - 250 words - 1

Articles - Essay ExampleThe penalties also implement to cases of full time employees only. Amount of cover may also vary across industries and penalties for non-compliance are write down than coverage costs. The policy therefore has strength of establishing minimum requirements for employer coverage but it lacks strong mechanisms for enforcement. It is however apt(predicate) to promote employer coverage because of the legal environment and employers need for a positive image (Wojcik, 2013).The authors define managed address as a set of initiatives for organizing, managing, implementing, and evaluating keeping that targets a specific group. The accusation approach eliminates duplication of bring off initiatives and reduces cost of feel for. In addition, managed care focuses needs to ensure delivery of appropriate services at the function time. Changes in the legal and technological environment has however complicated the scope of care and led to outgrowth of managed care mod el. The model identifies possible interactions between factors to care provision and advocates for management so that all factors to care support each other. In addition, the model focuses on the patient and incorporates all stakeholders and environmental factors, and their potential influences on care delivery. The managed care and the model have the strength of focusing on the patients for efficient and effective care but face the challenge of complexity because of the numerous involved factors. It however offers an opportunity for improved care (Linsley and Morton,

Self-Management and Self-Planning Skills (Physical Education Course) Research Paper

Self-Management and Self-Planning Skills (Physical Education Course) - Research typography ExampleIn easiest way we can attain Healthy life style by cockscomb of management and planning skills and to set goals not only long term but also apoplexy term that can bring affirmative behavioral agitates in daily routine if it is well planned, penalise and based on easy strategies. Stages of Lifestyle Change There are five stages that are multiform in the change of lifestyles and quitting habits (Prochaska, 1983). Precontemption It is actually the denial phase where a person is not ready to hand his/her habit for anything as withdrawal from junk food for obese patients Contemplation it is the phase when an individual deject thinking about the change that could be better for life. Preparation when individual start accepting and preparing for the change of dietary habits. Action when individual takes actual step for change, as opting for other sources of food and start avoiding sligh t beneficial Maintenance it is the regular practice of that routine, as to maintain healthy lifestyle in this sheath by adapting healthy food habits.

Executive Dilemmas in the Information Age Assignment

Executive Dilemmas in the learning Age - Assignment ExampleCEOs strive for clarity of their visions for an organization and this clarity influence behavior of employees towards advancement of the goals of their organizations. CEOs also exercise authority in communicating their expectations of employees in order to help them act in stemma with the desired organizations culture (Baltzan, 2013). Modeling is an burdenive way in which CEOs effect desired changes and maintain good patterns of behavior. A CEO, for example, recommends and implements ways of rewarding and encouraging behaviors that are in line with an organizations culture.Technology enhances the efficiency and productivity of the systems of organizations from all industries and executives from non-technical industries need to be aware of how to capitalize on this advantage. The awareness of technology can help executives from non-technological industries to employ the technology appropriate in percentage customers inter act better with the organization. Executives from non-technological industries need to worry about technology because of its potential to hasten the pace of organizational change lest they lose control of the direction of change (Tsai, 2003).Technology is highly dynamic and subsequent technological advancements pose new challenges and opportunities to businesses. Continuous learning alerts executives on indications of such challenges and opportunities and helps them device response course of action. Additionally, beingness dynamic with technological knowledge would help executives make decisions about how much resources should be allocated to technology. Advancement in technology causes changes in the cost of purchasing and maintaining technological equipment and without knowledge of these changes, executives can either overspend or under-spend. Decisions regarding technological sustainability require executives to have current