Surviving on Green Energy Essay Example for Free

Making due on Green Energy Essay The relationship of people and petroleum derivatives can be seen as a solid and restricting one that can possibly end when another gathering stops to exist. The people have settled and have been relying vigorously upon non-renewable energy sources, and lamentably, petroleum products don't appear to respond the inclination. Non-renewable energy sources, in contrast to people, will stop to exist soon, and this takeoff is gradually felt as gas costs are soaring high in the oil showcase. Our reliance on petroleum derivatives is incredibly prove by the advances that we have built up that require the results of non-renewable energy sources for them to work. The transportation, hardware, and apparatuses are only a few the innovation that we have made to make our lives simpler and to make correspondence accessible all through the world; petroleum products make their reality conceivable. Nonetheless, the presence of these advancements was under the reason that their vitality sources are boundless. Deplorably, petroleum products are not inexhaustible wellsprings of vitality, and it is just a short time before we feel the genuine result of their cutoff points. Consequently, it is significant that we get the chance to discover elective wellsprings of vitality that are inexhaustible and whose accessibility is boundless, as sunlight based force, geothermal vitality, wind vitality, hydropower, and biomass. Making due on environmentally friendly power vitality or elective vitality sources isn't just safe for nature, but on the other hand is modest and accessible for an extremely prolonged stretch of time. Nonrenewable wellsprings of vitality are those sources that can't be reused and can be exhausted, for example, non-renewable energy sources and instances of this are oil, flammable gas, and coal (Chapter 8: Fossil Fuels Coal, Oil and Natural Gas). They are called non-renewable energy sources on the grounds that as indicated by research, they were framed from animals like tiny fishes, or diatoms whose bodies were protected through substantial sedimentation with their energies unblemished (Chapter 8: Fossil Fuels Coal, Oil and Natural Gas). The reliance of people on non-renewable energy sources can be seen on the American’s day by day utilization of one of its structures, oil. Oil is an essential product for the individuals who own vehicles, pontoons, planes, and some other method of transportation, to those whose organizations rely upon it as a crude material, among numerous others. As indicated by the Petroleum Basic Statistics site, the United States of America expends a normal of 20,680,000 barrels of oil ordinary (Petroleum Basic Statistics). This shows how much ward this nation is to nonrenewable vitality, and thus ought to before long locate an alternate methods for vitality source before petroleum products become drained. The blend of the overwhelming utilization of oil, the taking off costs of oil on the planet advertise, and the restricted wellsprings of this ware incited some conspicuous political figures to recommend the lifting of the prohibition on seaward penetrating. This is on the grounds that they offer seaward penetrating as a response to the significant expenses and the restricted wellsprings of petroleum products. Be that as it may, seaward boring represents a great deal of danger not exclusively to nature, yet in addition to the flow fiscal state of the nation. Most importantly, seaward penetrating is hurtful to the earth on various sensible records. The production of oil rigs in the sea will involve uncovering the earth and in the process will upset the common natural surroundings of the ocean animals in view of the disintegration, kelp bed, seaside, and reef harm (The Case against Offshore Oil). The innovation being utilized in identifying oil stores is a seismic analyzer that discharges sound waves with 260 decibel levels, enough to cause mind draining, confusion, and grounding in dolphins and whales (Offshore Drilling †It’s NOT the Answer to High Gas Prices at the Pump). Oil isn’t the main component that is discharged all the while, mercury, lead, and other radioactive material are likewise discharged (Offshore Drilling †It’s NOT the Answer to High Gas Prices at the Pump). The danger of oil slicks in these oil rigs is additionally dangerous to the prosperity of the ocean animals for it can cause conceptive difficulties (The Case against Offshore Oil). On the off chance that honestly, if oil slicks do happen, which is consistently conceivable, the occasion have the most horrible, ruinous impact on the earth. When eaten up by creatures, oil can cause passing and other serious physiologic impacts (The Effects of Oil on Wildlife). The natural ruin doesn't stop there. The contamination that the machines add to the earth during their activity is additionally essentially hazardous. Be that as it may, disregarding the entirety of the misgivings made by the preservationists, the administration would not yield. This is likewise why there have been autonomous individuals who have begun their own undertakings in the territory of investigating about diminishing vitality utilization and making and utilizing elective wellsprings of vitality. Vitality preservation is an accessible choice to all individuals who might need to help in the battle towards diminishing the unavoidable consumption of non-renewable energy sources. Different proposals are shared by earthy people on the web relating to decreasing vitality utilization. Individuals are advised to buy innovation that are greater condition cordial, stroll rather than drive, or just killing machines that are not being used. Rebuilding houses with glass dividers to give the daylight access during the day is an extraordinary method to diminish light utilization. Be that as it may, these tips can't represent the drawn out issue. Regardless of whether we can hinder the pending consumption of nonrenewable vitality sources, it would in any case be a vain endeavor to offer vitality to the following ages to come. Collections of arrangements are being advanced by researchers and hippies today. One recommended thought that could be conceivable as a response to the vitality emergency is to take advantage of sustainable power sources or elective vitality sources (Offshore Drilling †It’s NOT the Answer to High Gas Prices at the Pump). Geothermal vitality, wind vitality, sun powered vitality, Biomass and hydropower are the five most created sustainable power sources that are accessible (Renewable Energy). Warmth discharged from the earth is being used as geothermal vitality by direct use, geothermal warmth siphons and power (Geothermal Energy). Essentially, geothermal vitality is the warmth that is being discharged from the underground aquifers, fountains, among numerous others. The decent thing about the utilization of geothermal vitality as a sustainable power source is that it little effect on nature contamination savvy and in light of the fact that the vast majority of the fountains have been moved toward parks, they are ensured by the constitution (Geothermal Energy from the Earths Core). The main inconvenience geothermal vitality has is that it just discharges nearly nothing, so it can just gracefully at a restricted sum each time (Geothermal Energy from the Earths Core). From heat being discharged by the earth, the following environmentally friendly power vitality accessible for use is wind power. Wind is all over the place; it never runs out, it is the most established vitality wellspring of all as confirm by the famous windmills being utilized a hundred years back. We can see a ton of windmills and wind turbines the nation over, and there are even wind ranches being set up due to the extraordinary vitality commitment wind is prepared to do (Chapter 16: Wind Energy). With extraordinary bit of leeway to us, wind power is as of now utilized in lighting homes in California. Then again, a drawback of utilizing wind power is its known unsettling influence in the transient examples of feathered creatures (Wind Energy from Moving Air). It could influence their headings and their normal living spaces. Be that as it may, by the by, wind power is basically valuable. From wind we go to another article found in the sky, the sun. Sun based vitality is vitality created by the sun, and can be changed into usable vitality by method of sun based cells and sun powered force plants (Solar Energy from the Sun). The main issue with sunlight based vitality is additionally the main explanation it gives us vitality, the sun. Since the sun isn't reliably sparkling above us, henceforth evening time, we can't boost its utilization for the entire day. In addition, climate changes happen occasionally, which can likewise adjust the impact of sun powered vitality all through its utilization (Solar Energy from the Sun). Other than climate aggravations that are normally happening, sun based vitality doesn't meddle with the earth in any conceivable manner. From the sparkling daylight we continue to normal, physiological waste, Biomass. Biomass is for the most part comprised of natural material gotten from living or as of late living beings (What is BIOMASS? ). Virgin wood, food squander, vitality crops, modern waste, and agrarian deposits are the crude materials being utilized for creating Biomass (What is BIOMASS? ). This is additionally a magnificent environmentally friendly power vitality elective source on the grounds that the crude materials expected to create this vitality can be found anyplace and all over the place. It uses squander items, henceforth, less refuse and contamination. Its utilization can let down carbon dioxide outflows, give 15% of the requests of power in 2020 in industrialized nations, and can give 400,000 employments (Biomass Energy). What's more, similar to some other wellspring of vitality, Biomass has its own inconvenience. Using Biomass involves the assignment of land for its creation habitats. What's more, if this implies more estate of Biomass for its use, more land will be spent as opposed to distributing this land for food creation (Global Limits of Biomass Energy). Last however surely not the least is hydropower or water vitality. Hydropower holds onto the vitality of falling water and changes it into power (How Hydropower Works). In any case, conditions must be met for this vitality change to occur. The tallness of the cascades and the amount of water that is falling is to be considered (How Hydropower Works). The water falls ought to be sufficiently high and it ought to be discharging a specific measure of water for it to deliver enough vitality (How Hydropower Works). It appears that of all the five environmentally friendly power vitality sources, hydropowe

Working More and Feeling Better – Journal Article Summary

Reference Schnittker, Jason. 2007. â€Å"Working More and Feeling Better: Women’s Health, Employment, and Family Life, 1974-2004. American Sociological Review 72(2):221-238. This examination explores the connection between women’s work and wellbeing not at all like different investigations, which have utilized emotional well-being as the result. The exploration addresses tended to in this investigation were: Has the soundness of ladies improved or declined? Has the sexual orientation hole in wellbeing modified and, provided that this is true, why?Does incorporating long work hours with thinking about a youngster reduce the connection among business and wellbeing and, assuming this is the case, have current work-family designs limited any additions in wellbeing? Schnittker remembered changes for arrangement (e. g. , are more ladies enduring since more ladies are joining their employments with bringing up a kid) and changes in affiliation (e. g. , do the checked upgrades in wellbeing identified with business exercise with the introduction of a kid). The adjustments in piece and changes in affiliation were analyzed with combined patterns in health.The free factors in this examination were women’s work hours, training and family salary. The reliant variable was self-evaluated wellbeing. Announced work hours were isolated into four classes and the reference classification was â€Å"not working† for this examination. A few control factors were, also, that are identified with getting patterns. Training was isolated into four classifications with â€Å"less than high school† as the reference class. Family pay utilized a steady of $1, 986 dollars.Schnittker dissected whether kids were in the home as opposed to centering what number of youngsters as a result of the different work-family modifications and various degrees of duty that accompany children’s various ages. For this examination, separate sham factors were utilized havi ng a youngster younger than 6 and having a kid somewhere in the range of 6 and 17 years of age with having no kids younger than 18 years of age directly in the home. The examination utilized information from the aggregate General Social Survey (GSS) taken between 1974-2004. The GSS is spoken to broadly and utilizes a region likelihood sample.The review asked responders to self-rate their wellbeing as poor, reasonable, food, or amazing. Self-evaluated wellbeing predicts sex contrasts, is a pointer of bleakness and indicator of mortality. Discoveries from the GSS were checked utilizing the National Health Interview Survey (NHIS) taken between 1997-2004. The NHIS likewise gave information concerning the present wellbeing patterns. Information from the NHIS was delivered by close to home in-home meetings. The patterns in the sexual orientation wellbeing hole in this examination utilized controls for year, sex, collaborations among sex and year, and age and age-squared.Age and age-square d were utilized to represent the maturing populace, which is indispensable for this investigation since there are sex contrasts in future. Discoveries recommend that the sex hole shut fundamentally during the 30-year time frame. Women’s self-wellbeing has altogether improved and men’s self-evaluated wellbeing somewhat expanded until 1990. Men’s self-appraised wellbeing has been on a consistent decrease since the time at that point. These outcomes recommend a connection between the patterns in women’s developing self-evaluated wellbeing and the sexual orientation hole closing.Once Schnittker utilized controls for training in his investigation it demonstrated that the enhancements in women’s wellbeing can be owing to instruction. At the point when training was supplanted with work status and family pay it demonstrated that a portion of the enhancements in women’s wellbeing can be credited to the ascent in women’s business, yet not close as much as instruction. The connection between work-family examples and wellbeing were analyzed when Schnittker presented whether the responder had a youngster. His discoveries likewise show that work hours and having a small kid are very related.He discovered that having a youngster under 6 causes a decrease in occupations positive effects on wellbeing. Controls for money somewhat decreased the negative relationship. Discoveries concerning the connection between work hours and having a youngster in the home show that fathers report developed self-appraised wellbeing when working all day and mothers’ self-evaluated wellbeing radically diminished. All the more prominently, the discoveries show that the two people report more awful self-appraised wellbeing when the consolidate work with bringing up children.Out of every single autonomous variable, the one that affected the reducing of the sexual orientation hole was business. Instruction, work hours, and having a kid all influ enced the end of the sexual orientation hole, yet not as altogether as business. Schnittker’s discoveries additionally propose that self-evaluated wellbeing for ladies would improve significantly more if their normal work hours were exactly the same as men’s normal work hours. Another eminent discovering comes out of the consideration of family pay. His discoveries propose that if the wages of ladies were equivalent to the bets of men their self-evaluated wellbeing would improve significantly.He likewise found that the development of the time tie has smothered women’s self-appraised wellbeing, particularly as of late. (Schnittker 2007; 233). He likewise found that the time tie just somewhat stifled women’s self-evaluated wellbeing and that in the long haul, more ladies working and accomplishing more elevated levels of training have had substantially more of an effect on their self-appraised wellbeing. Schnittker’s results show that instruction and business are generally affecting the sex hole. Schnittker’s study demonstrates that women’s wellbeing on normal was accounted for to be more awful than men’s.The factors which he qualities the distinction self-evaluated wellbeing are the patterns identified with women’s expanded nearness in the work power and the expansion in the quantity of ladies a more significant levels on training. Schnittker’s study is striking. His discoveries are solid purposes behind change to occur with the business terms of ladies today. Self-evaluated wellbeing is faulty since it is â€Å"self-rated†. Additionally, the term â€Å"health† in the investigation could be physical wellbeing or emotional wellness. Schnittker traits the His work demonstrates that more research is required here of study.

Irreparable vs. Unrepairable

Unsalvageable versus Unrepairable Unsalvageable versus Unrepairable Unsalvageable versus Unrepairable By Maeve Maddox A peruser inquires, What are the contrasts between the utilization of unrepairable and hopeless? Elocution note: Unrepairable: un-ree-PAIR-uh-buhl Unsalvageable: I-REP-uh-ruh-buhl The two words are utilized to mean â€Å"incapable of being mended,† however unrepairable is nonstandard in American use. Some online word references incorporate passages for unrepairable, yet others don't. On the off chance that you utilize any of the accompanying free online word references, you won’t discover a passage for unrepairable in them: Longman Macmillan American Heritage The Free Dictionary Cambridge (no access in either the US or UK segment) In the event that your free word reference of decision is one of the accompanying, you will discover passages for unrepairable in them: Collins Oxford Dictionaries (counting the segment for US English) Dictionary.com (in light of the American Random House word reference) Of the assets I depend on, the American word reference Merriam-Webster Unabridged does not have a passage for unrepairable, yet The Oxford English Dictionary records the word with nine references dating from 1600 to 2006-with no proposal that the word is nonstandard. Another of my stalwarts, The Oxford American Writer’s Thesaurus, gives unrepairable without remark as an equivalent for hopeless. Some analysts on language destinations perceive a distinction of meaning, recommending that unrepairable ought to be utilized to depict such things as harmed bikes, toasters, and structures, while unsalvageable ought to be saved for notorieties and things that are not man-made, similar to the earth. The accompanying citations outline the alleged differentiation: Apples New Retina MacBook Pro is the Most Unrepairable Laptop to Date.â The bicycle, a Ninja 300, was discounted as unrepairable after the collisionâ . Be that as it may, Connection injury, disregard and misuse cause hopeless harm in the creating neurons of the mind. An expansion in journey delivers in the region takes steps to make unsalvageable harm the landmasses flawless environment.â Such a qualification no uncertainty advances to certain individuals, however the purposelessness of getting everybody to watch it is evident to any individual who has ever attempted to clarify the contrast among uninterested and impartial. By and by, unrepairable and unsalvageable appear to be viewed as precise equivalent words: Most accident coverage arrangements spread the expenses to fix a vehicle after a crash or some other safeguarded cause, or if the harm is hopeless, the genuine money estimation of the vehicle. [The report] attested that radiation presentation did unrepairable damage to hereditary material and expanded the likelihood of deformities and transformations in future generations.â Erroneously introduced blades can causeâ irreparable damageâ to both the blades and the rotor, prompting genuine obliteration inside the machine. Sans chlorine diapers are equivalent to standard disposables, and they wont open your youngsters to cruel synthetic concoctions or causeâ unrepairable damage to the earth. I discovered this case of unrepairable in a lawful setting that unquestionably calls for hopeless: As indicated by Stern, each of the three gatherings involvedâ â€Å"have offered open comments that are absolutely false, with insidious vindictive destructive aim to do the notoriety and character of the offended party unrepairable harm.† The expression â€Å"irreparable harm† is a built up lawful term. Its significance is â€Å"harm that can't be switched or repaired.† The main concern for American speakers is that unrepairable is nonstandard-for the time being. Note: Two other nonstandard structures at times observed are irrepairable and nonrepairable. Need to improve your English in a short time a day? Get a membership and begin getting our composing tips and activities day by day! Continue learning! Peruse the Misused Words class, check our mainstream posts, or pick a related post below:How to Punctuate References to Dates and TimesBest Websites to Learn English20 Slang Terms for Law Enforcement Personnel

Earthquake Research Paper

Earthquake Research Paper Earthquake is one of the most horrific and devastating natural phenomena, which can cause great damage to the areas it take place in, prolonged economic chaos, and even kills scores of innocent people. The worst thing is that this incredible destructive force can occur quite unpredictably, as it’s a sudden slip in the earth’s crust, causing the earth to shake and bringing huge harm to society. I see that firstly it can be a little difficult for you to define the specific topic, as this field covers many exciting aspects and each is worthy of your attention. Let’s look through some of them, as I’m sure it will help you make the right choice. New technologies. As earthquake questing is very important nowadays, new technologies are being developed all over the world. They can provide better protection and give more accurate prediction of the seismic disasters. For example, using vibration control and base isolation technologies in construction. Safety rules. Such information is very useful for everyone, as nobody knows where the next earthquake will occur and how to behave in this situation. Bermuda Triangle. One of the versions explaining the Bermuda mystery is an underwater earthquake, as scientists have found a seismic activity in this area, which can cause tsunamis up to 100 feet high. Real experience. Write your research work on a true story of a person, who has once experienced an earthquake, describing the most interesting moments. Origin. What are the main reasons for seismic waves and how do scientists explain them? Do people have a direct impact on them by industry and mass building? Define in which

The Media s Depiction Of Caricatures, Stereotypes, And...

The Media’s Depiction of Caricatures, Stereotypes, and Violence of African Americans The mammy, an iconic caricature figure that has shaped and distorted the way African Americans are perceived in the media and eyes of Americans. At first she may seem like a harmless, fun caricature that is all smiles. However, in reality the mammy is one of many caricatures that have been created to define and serve as a stereotypical function of white domination that is still seen today in America’s culture. We will be discovering in this paper the caricature of the mammy and her affects today, caricatures that promoted stereotyping of African American violence and how the media has contributed to the domination and consequences of stereotyping. The mammy is a caricature that you cannot forget. She has a smile that never fades with her strong servitude. She is a large obese woman, with her hair tied up and hidden under a scarf or handkerchief. Her rough, very dark face is seen as anything but beautiful. She cares for her white family that she serves with love and compassi on. She is often seen as a second mother to the white children. Since she is accepted as a member of the family, she isn’t afraid to talk back and have banter with the family she serves. She is seen as a sassy mammy. However, in her own household she isn’t the loving, happy, sassy mammy. She is the controller of the money and household. She often is depicted treating her own children harshly, not showing them the loveShow MoreRelatedMass Media Such As Television, Newspapers, And Internet1457 Words   |  6 PagesMass media such as television, newspapers, and internet are the center of the public s communication and entertainment. Society relies heavily on mass media for their news, education, entertainment, and their socialization. It can inspire, persuade, and change the behavior of the audience depending on the objective. The public is often misinformed and uninformed by media outlets to control the information that reaches the public. As technology continues to gr ow, access to mass media continues toRead MoreEssay about Gendered Media9688 Words   |  39 PagesArticle 7 Gendered Media: The Influence of Media on Views of Gender Julia T. Wood Department of Communication, University of North Carolina at Chapel Hill times more often than ones about women (â€Å"Study Reports Sex Bias,† 1989), media misrepresent actual proportions of men and women in the population. This constant distortion tempts us to believe that there really are more men than women and, further, that men are the cultural standard. THEMES IN MEDIA Of the many influences on how we viewRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesand Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Read MoreRastafarian79520 Words   |  319 PagesUnited States quite an amazing thing. Those who would presage the arrival of Rastafarianism also witnessed and read about the dramatic struggle of Emperor Haile Selassie to remove the Italians from his homeland of Ethiopia, which became the ï ¬ rst African nation to effectively oust, by force, a colonial power. These were monumental times, and these men, fully steeped in the apocalyptic visions of the world, saw something important in all of these happenings. I grew up in Jamaica at a time when Rastas

Investment Planning

Question: Case Study: Calculation of net capital gains or losses. Answer: Tang, R., Wan, J. (2015). Fringe benefits tax and fly-in fly-out arrangements: John Holland Group Pty Ltd v Commissioner of Taxation.Australian Resources and Energy Law Journal,34(1), 17. Introduction: This assignment is representing consequences and determination of few aspects of income tax liability for individual assesses and company assessee with the help of necessary computations and reasons and evidence thereof, as per the requirements of two case studies. One is related to the determination of capital gain taxable in the hands of an individual asessee Mr. Dave Solomon, while the other one is for fringe benefit tax liability in the hands of the company Periwinkle Pty Limited, assessee. In the present case, net capital gain or loss as per the Australian Taxation Office Act 97/ 36 is to be determined for the year ended 30th June in the books of assessee Mr. Dave Solomon aged 59 years. A Capital Gain Taxable For the year ended 30 June Particulars Amount $ Amount $ (a) residence apartment: Long term asset Net Realised Value (i) 850,000.00 cost of acquisition 70,000.00 Add: Indexation (70,000*106.8/37.9) 197,255.94 Indexed cost of acquisition 267,255.94 comission on sale 15,000.00 Total cost incurred (ii) 282,255.94 Net Proceeds (i- ii) 567,744.06 Less: Discount @50% as per Provision contained in ATO Act (283,872.03) Add: Forfeiture of deposit 85,000.00 Capital gain taxable 368,872.03 (b) Painting: Long term asset Sale Proceeds 125,000.00 Cost of Acquisition (15,000.00) Net Proceeds 110,000.00 Less: Discount @50% as per Provision contained in ATO Act (55,000.00) Capital gain taxable 55,000.00 (c) Motor Cruiser: Long term asset Sale Proceeds 60,000.00 Cost of acquisition (110,000.00) Capital Loss incurred (50,000.00) (d) Shares: Short term asset Sale Proceeds 80,000.00 Less: Brokerage on sale (750.00) Net value realized 79,250.00 Less: Cost incurred- Purchase price 75,000.00 Stamp duty 250.00 (74,750.00) Short term capital gain taxable 4,500.00 Net capital Gain Taxable in the current year of taxation: Particulars Amount $ Amount $ capital gain from residence apartment 368,872.03 capital gain from painting 55,000.00 Capital loss from Motor cruiser (50,000.00) Short term capital gain from shares 4,500.00 Total capital gain taxable incurred in the current year tax 378,372.03 Less: capital loss on sale of shares from previous year (10,000.00) Net capital gain taxable in the current year 368,372.03 Reasons and Evidence: As per the provisions contained under the Income Tax Assessment Act 1997/ 1936 of Australian Taxation Office, any asset held for more than 12 months is considered to be long term asset (Gtze, Northcott Schuster, 2015). Therefore, in case of assessee Mr. Dave Soloman three out of four assets are long term i.e. residential apartment, painting and motor cruiser. Ruling under ITAA 1997/ 1936 states than any long term asset acquired before 20th September 1985, qualifies for indexation. This means that the cost of acquisition of any asset purchased before the specified date should be increased by indexation factor (Moosa, 2016). Indexation factor is considered for the year in which the expenditure incurred and in the year in which capital gain taxable event happened. As a matter of fact, residence apartment which was bought my Mr. Dave 30 years back from the current year tax, cost of purchase of which has been increased by the indexation factor. Whereas other assets i.e. painting, motor cruise were acquired on or after 20th September 1985, hence no indexation required (Dore, 2015). As per the Income Tax Assessment Act ruling, a capital discount of 50% is allowed on capital gain taxable for all the long term assets (Mason Harrison, 2015). Therefore, deduction of 50 % on residence apartment, painting has been claimed. Since, there is a capital loss in case of motor cruiser no discount can be claimed on the same. Further, such discount is also not available on short term assets and therefore, entire amount of capital gain on sale of shares which were acquired in the current year of taxation is taxable in the hands of Mr. Dave. Additionally, as per ITAA rulings on forfeiture of deposits, it has been clarified that any amount in relation to deposits forfeited shall be included for the purpose of Capital gain tax. Thus, a deposit forfeited by Mr. Dave on cancellation of sale of property shall be taxable and no discounted shall be claimed on such amount (McDonald, 2015). Further, the rulings also clarify the allowance of interest expense as deduction. Any interest expense on loan borrowed for the purpose of buying short term assets does not qualify for deduction. Thus, $5000 interest expense on loan borrowed for purchase of shares is not an allowable deduction (Mcnamara, 2015). According to ITAA 1997/ 1936 rulings, loss incurred on long-term asset in the year of assessment is allowed for set off against the long-term capital gain (Kim, OConnor Han, 2015). Therefore, loss on sale of motor vehicle has been set off with the long term capital gain from other assets. Any loss on capital gain carried forward from previous year shall be set off against the net capital gain taxable in the current year of assessment (Gill, 2015). Hence, loss of $10,000 carried over from previous year is allowed to be set off against net capital taxable in the current year. According the calculation of net capital gain taxable in the hands of Mr. Dave Solomon in the above requirement, net capital gain amounted to $368,372.03 has been determined. Mr. Dave can either deposit the amount in any tax free investments such as superannuation fund, provident fund or Mr. Dave can acquire risk and tax free bonds. In case Mr. Dave is a risk taker individual, then he can also opt for investment the amount into listed stocks and securities (Board, 2015). It is also provided that Mr. Dave is willing to invest his funds upto $1,000,000 in superannuation fund but he could raise upto $368,372. Hence, we assume that Mr. Dave Solomon would contribute his net capital gain amount to the said fund. In case Mr. Dave has net capital loss, he can carried over the loss to next year of assessment together with the net capital loss on sale of shares he had already carried from previous year. According to the rulings in sections of Income Tax Assessment Act 1997/ 36 under Australian Taxation Office, capital loss incurred by an individual assessee is allowed to carry forward to future years. Though there is a specified limit for the number of years an asessee can carry. In case of capital loss this is the only option an assessee can avail apart from savings in payment of tax amount and reduction as capital loss in certain specified transactions entered by the asessee (Weisbach, 2016). Conclusion: This assignment has been dealt with the cases of calculation of net capital gains or losses taxable in the hands of individual assesee, Mr. Dave Solomon with the help of explanations to each transaction, which resulted in tax liability on net capital gain taxable value of around $ 368,372. As Mr. Solomon planning to contribute the funds to superannuation fund before the end of current tax year amounted to $1,000,000, he can invest the part of the amount raised by him out of net capital gain raised on sale of assets. Further, in the second case, fringe benefit tax liability valued to $ 43,739 in the hands of company, Periwinkle Pty Ltd which provided various allowance to its employee, Emma during the period 1st May 2015 to 31st March 2016. This, case also presented the deductions, Emma can claim in two different situation while computation of her income tax liability. Reference List: Board, C. F. P. (2015).CFP Board Financial Planning Competency Handbook. John Wiley Sons. Braverman, D., Marsden, S. J., Sadiq, K. (2015). Assessing taxpayer response to legislative changes: A case study of in-housefringe benefits rules.Journal of Australian Taxation,17(1), 1-52. Cooper, R. (2015). Income protection policies: the impact of the changes: payroll taxes.Tax Breaks Newsletter, (355), 4-5. Delany, T. P. (2012). Fringe benefits tax. Dimitropoulos, A., van Ommeren, J. N., Koster, P., Rietveld, P. (2016). Not fully charged: Welfare effects of tax incentives for employer-provided electric cars.Journal of Environmental Economics and Management,78, 1-19. Dore, M. H. (2015).Dynamic Investment Planning (Routledge Revivals). Routledge. Fisher, D. (2015). Mid market focus: No joy regarding FBT on travel expenses for FIFO arrangements. Gill, D. E. (2015). Consolidating the gains: Government intervention in risk capital.Venture Capital,17(1-2), 43-58. Gtze, U., Northcott, D., Schuster, P. (2015). Capital Budgeting and Investment Decisions. InInvestment Appraisal(pp. 3-26). Springer Berlin Heidelberg. Hodgson, H., Pearce, P. (2015). TravelSmart or travel tax breaks: is the fringe benefits tax a barrier to active commuting in Australia? 1.eJournal of Tax Research,13(3), 819. Kim, H. M., OConnor, K. B., Han, S. S. (2015). The spatial characteristics of global property investment in Seoul: A case study of the office market.Progress in Planning,97, 1-42. Mason, C. M., Harrison, R. T. (2015). Business angel investment activity in the financial crisis: UK evidence and policy implications.Environment and Planning C: Government and Policy,33(1), 43-60. McDonald, J. (2015). Capitalisation rates for commercial real estate investment decisions.Journal of Property Investment Finance,33(3), 242-255. Mcnamara, P. (2015). The changing nature of property investment: Implications for Urban Planning.Connections, 189-204. Moosa, I. (2016).Foreign direct investment: theory, evidence and practice. Springer. Schwartz, A. (2016). The Low-Income Housing Tax Credit, Community Development, and Fair Housing: A Response to Orfield et al.Housing Policy Debate,26(2), 276-283. Scott, R. A., Currie, G. V., Tivendale, K. J. (2012). Company cars and fringe benefit tax: understanding the impacts on strategic transport targets.

Is It Wrong To Cheat A Sucker Essays - Fraud, Telemarketing Fraud

Is It Wrong to Cheat a Sucker? The Gloucester County Office of Consumer Affairs, in partnership with the Federal Trade Commission, is launching a new onslaught against telemarketing fraud and other means of solicitation tomfoolery. Individuals are contacting people on the telephone claiming to represent a charity or fund-raising organization, when they either do not represent a charity at all, or only a small percentage of the money will actually go towards the charity. Other scams involve 900 lines, dating services, and travel packages. The telemarketers use a variety of tactics to persuade the consumer to purchase the goods they are trying to sell, ranging from slightly sneaky to undoubtedly unscrupulous. The question of ethics comes in to play here when one must ask himself whether or not it is all right to cheat someone not smart enough to check all the facts and educate themselves against being cheated? Looking at today's society, people tend to marvel and sometimes even cheer at those who are able to take advantage of the intellectually challenged and turn a profit. One of the most successful businessmen in the world, Bill Gates, sits at the top of his throne only because he was smart enough to steal programming ideas from his peers. Microsoft's Windows is based on technology created by Xerox, yet Gates is hailed as the genius who created the program. Was it wrong for Bill Gates to exploit what he saw was an opportunity to skyrocket to the top? It was not wrong if he looked at the example set forth by our forefathers. When Christopher Columbus first sailed to the New World, he found it inhabited by a race of people who had been here for many, many years. The Native Americans held claim to and inhabited the land that would soon be taken over by Europeans and changed completely forever. The Europeans cheated and swindled the Native Americans and used many means of trickery to obtain the land. Soon the Native Americans had no land and nothing to show for it. This has come to be the example on what America has stood for over the years. The old line of "survival of the fittest" still manages to ring true today. If one man is smart and another is not, then it seems only proper that the smart man would try to educate the man who is not smart. Sometimes words are not enough, and lessons can only be learned by experiencing consequences. There is an old proverb that says: "A fool and his money will soon part." A dumb man who is swindled out of his money may be broke, but in the process he gains something more valuable than cash ? knowledge. In essence, the smarter man who cheated him actually earned whatever money he received as a teacher to the other man, because the next time that man acquires money, he will be a little more careful with what he does with it. Another proverb says: "Fool me once, shame on you. Fool me twice, shame on me." Only by making mistakes can people learn about life and how to be better people. The solicitor often will give the consumer the hard sell and try to pressure him into making an on the spot decision. Peer pressure and pressuring people into taking advantage of "one time only" opportunities may not be looked at as the most ethical methods of salesmanship by all, but the fact remains that if a person is too weak to say "no," then it is no one's fault but his own. If anything, experiences with telemarketers such as these will act as exercises in building a strong will and in the future will enable a person to either refuse the offer or simply hang up the phone. No one is holding the consumer's first born child hostage, but instead simply makes his or her offer seem like a better deal than it may in fact be. Rash judgments are dangerous, and telemarketers are doing a good job of helping those ignorant of this to finally become aware. Certainly it would nice to live in an ideal world where no corruption and no evil existed. In a perfect society, people would