Taxes Policies of Australia and the United States-01.docx

Taxes Policies of Australia and the United StatesIntroductionTaxes in every country are closely related to everyone. A country needs taxes to operate and support it to build the country. Businesses and the subjects of one country care about how their money is spent. If one country’s tax policy is not appropriate, problems will emerge. There are s lot of tragedies happened in history which were due to some inappropriate tax policy(Sainsbury,1999). It is a serious matter which leaders are supposed to be cautious about. Taxes consist of most of the income of one country. The issue of a new tax policy is always being kept watching by various people, especially for those people who operate a business. They are the big contributors of the taxes handing in to the government.The tax law is complex, and sometimes its due to unclear regulations fuzzy.A country, to some degree, needs businesses’ contribution to operate the whole country, like fundamental construction, public welfare, health care, national defense, etc.(WeaverRockman, 1993). This essay firstly compares the different taxes policies of Australia and the United States and elaborates the impacts of the taxes policies. Following this, it analysis the measures of each country take to copy with the policies. Besides of this, this essay will finally make a criterion to judge which program of the two countries is more advantages.The comparison of Taxes Policies of Australia and the United States Government usually deploy strategic corporate tax rate to encourage business growth and attract foreign investment, and stimulate the economy of a country. In the current global financial crisis has created a dilemma for most industrialized economies government: the governments of these countries aware of the need to reduce their tax rates to stimulate their economies. Government tax policy is used to support the economy of the country(Frey Schneider, 1978). Therefore, the major economies in 2009 announced tax policies vary wide