Thursday, February 27, 2014

TAXES



 SO! This week was about taxes, among other things... I think we can all agree that taxes are actually no fun at all. (Not  that we ever thought they were to begin with...) We learned about the three different types of taxes: proportional, progressive, and regressive. Thanks to Sarah, we were all placed into groups of her decision, and were given taxes. If you were lucky and had a load of money just sitting in your hands, then the taxes weren't really that bad. However, if you were like me, Sarah or Ani, who only had a few thousand to deal with, taxes are a main struggle. The proportional tax ended up being liked the best, because they were fair to everybody, but in a way that those who were poor still had to give up a large sum of money. What we did in class really summed it up what it's going to be like in later years. We're all going to have to deal with taxes, and I don't think many of us are going to have 25 thousand to start out with. It reveals just how much the government is taking away our hard earned money to put into their own use or try to relieve the gigantic national debt. It's a rather mortifying thought, really, that the money you think will end up given all to you, is not at all really yours. A majority of it is going to be spent on taxes, bills, and other necessities of human life. So let's go enjoy our tax-free (sorta) life while we can.

Friday, February 21, 2014

Walmart coming to Weserville

This week, Weserville voted to have a Walmart come to our town across the Dandy Mini-Mart. Thankfully the negotiation period was free of arguments. We all agreed that a Walmart would benefit us in the long run. The Town Council had to make new arrangements for Walmart's requests because of how limited our fund supply is. Even though there are some negative drawbacks of Walmart in our town, the Mayor made the final decision to incorporate a Walmart into Weserville. Go Walmart!

Friday, February 14, 2014

Incentives

As an overview of this week, this reflective blog post  concerns incentives. Incentives play a major role in today's economy. Society as today, depends on incentives and self-interest. So, naturally, every individual relies on their desires and unfulfilled wants. Personally, that is slightly ridiculous and people should just live based on their needs. With our debt today, we cannot afford any more luxurious items as it will increase our debt. I think people need to realize what we are doing to our economy, with our immoral decisions and ignorant choices. I wish there was some way we could make the world see that they are destroying the only resource we have left with their 'incentives' and 'unlimited wants'.

Thursday, February 6, 2014

Reflective Blog Post of Karl Marx and Adam Smith

While I played the role of Karl Marx and emphasized his point on communism and controlled economy, I happen to agree with Adam Smith and his role in the market economy. His ideas about a free choice government led to our free and united government today. His capitalist views are the favored choice of many and his beliefs inspire many an individual to buy in their own self-interest. His views are going to be important, I believe, in our future discussions of how important people play a lead role in our economy and how they affect it. 

Tuesday, February 4, 2014

Why do posts need titles?

This is the sample post for Blogger... hopefully no one actually sees this. 
Yay to you.