SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
©vcMcGrawvcHillvcLLC.vcAllvcrightsvcreserved.vcNovcreproductionvcorvcdistributionvcwithoutvcthevcpriorvcwrittenvcconsentvcofvcMcGrawvcHill
vcLLC.
1
, SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
Chapter 1-14 vc
Chapter 1 vc
An Introduction to Tax
vc vc vc
Discussion Questions vc
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(3) [LOvc1]vcDescribevcsomevcwaysvcinvcwhichvctaxesvcaffectvcthevcpoliticalvcprocessvcin
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vcLLC.
2
, SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
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vcLLC.
3
, SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
portvcthevcinitiativesvcofvccharitablevcorganizations,vcwhereasvcdeductionsvcforvcretirem
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vcLLC.
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TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
©vcMcGrawvcHillvcLLC.vcAllvcrightsvcreserved.vcNovcreproductionvcorvcdistributionvcwithoutvcthevcpriorvcwrittenvcconsentvcofvcMcGrawvcHill
vcLLC.
1
, SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
Chapter 1-14 vc
Chapter 1 vc
An Introduction to Tax
vc vc vc
Discussion Questions vc
(1) [LOvc1]vcJessica’svcfriendvcZacharyvconcevcstatedvcthatvchevccouldn’tvcunderstandvcwhy
someonevcwouldvctakevcavctaxvccourse.vcWhyvcisvcthisvcavcrathervcnaïvevcview?
Taxesvcarevcavcpartvcofvceverydayvclifevcandvchavevcavcfinancialvceffectvconvcmanyvcofvcthevcm
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(2) [LOvc1]vcWhatvcarevcsomevcaspectsvcofvcbusinessvcthatvcrequirevcknowledgevcofvctaxat
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axation?
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• Wherevcshouldvcthevcbusinessvclocate?
• Howvcshouldvcbusinessvcacquisitionsvcbevcstructured?
• Howvcshouldvcthevcbusinessvccompensatevcemployees?
• Whatvcisvcthevcappropriatevcmixvcofvcdebtvcandvcequityvcforvcthevcbusiness?
• Shouldvcthevcbusinessvcrentvcorvcownvcitsvcequipmentvcandvcproperty?
• Howvcshouldvcthevcbusinessvcdistributevcprofitsvctovcitsvcowners?
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ning.
(3) [LOvc1]vcDescribevcsomevcwaysvcinvcwhichvctaxesvcaffectvcthevcpoliticalvcprocessvcin
vcthevcUnitedvcStates.
U.S.vcpresidentialvccandidatesvcoftenvcdistinguishvcthemselvesvcfromvctheirvcopponents
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vcLLC.
2
, SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
basedvcuponvctheirvctaxvcrhetoric.vcLikewise,vcthevcmajorvcpoliticalvcpartiesvcgenerallyvcha
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entlyvcenactedvcavc1vcpercentvcsurchargevconvchotelvcrooms.vcIsvcthisvcavctax?vcWhyvcorvc
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cincludevcentrancevcfeesvctovcnationalvcparks,vctagvcfeesvcpaidvctovclocal/statevcgovernme
ntvcforvcautomobiles,vcboats,vcetc.
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hevccharitablevccontributionvcdeductionvcisvcintendedvctovcencouragevctaxpayersvctovcsup
©vcMcGrawvcHillvcLLC.vcAllvcrightsvcreserved.vcNovcreproductionvcorvcdistributionvcwithoutvcthevcpriorvcwrittenvcconsentvcofvcMcGrawvcHill
vcLLC.
3
, SolutionsvcManual—
TaxationvcofvcIndividuals,vcbyvcSpilkervcetvcal.
portvcthevcinitiativesvcofvccharitablevcorganizations,vcwhereasvcdeductionsvcforvcretirem
entvccontributionsvcarevcintendedvctovcencouragevcretirementvcsavings.vcAnothervcobjecti
vevcofvcthevctaxvcsystemvcisvctovcredistributevcwealth.
©vcMcGrawvcHillvcLLC.vcAllvcrightsvcreserved.vcNovcreproductionvcorvcdistributionvcwithoutvcthevcpriorvcwrittenvcconsentvcofvcMcGrawvcHill
vcLLC.
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