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How does the US tax model compare
1. Analyze the way in which the country you have researched provides services and benefits to its citizens, either through the collection of taxes or otherwise.
2. For the country that you have chosen, determine whether the U.S. could adopt their taxation model without reducing its total amount of revenue (as currently generated by collecting income taxes from individuals and businesses). Justify your response.
3. Suggest at least two (2) advantages and two (2) disadvantages of the U.S. adopting the system that the other country uses. Provide a rationale for your responses.
4. Speculate on the primary way in which the Federal Government could make up any shortfalls if it does not collect its targeted revenue from the collection of taxes.
5. Use at least three (3) quality academic resources in this assignment.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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