Comparing Hap by Thomas Hardy and The Second Coming by Yeats

Comparing Hap by Thomas Hardy and The Second Coming by Yeats Thomas Hardy (1840-1928) was one of the great writers of the Late Victorian era. One of his great works out of the many that he produced was his poem Hap, which he wrote in 1866, but did not publish until 1898 in his collection of poems called Wessex Poems. This poem seems to typify the sense of alienation that he and other writers were experiencing at the time, as they saw their times as marked by accelerating social and technological change and by the burden of a worldwide empire (Longman p. 2165). The poem also reveals Hardys own abiding sense of a universe ruled by a blind or hostile fate, a world whose landscapes are etched with traces of the fleeting stories†¦show more content†¦The game of chance that rules a persons fate is played by Time and Causality, or Crass Causality as stated in the poem (Hardy, Longman p. 2255: ll. 11). These things are not an entity with life of their own, and thus they rule our fates with a blind eye, since they cannot see and react to us as an entity like God could. Thus they just go about their ways with indifference to the inhabitants of the world and their worldly lives. Pain and joy thus come about to men without regularity and intent from an almighty, just as consequences of and unrefined Causality and a gambling Time. The last four lines of Hardys poem state this assumption of his very well by stating --Crass Causality obstructs the sun and rain, / And dicing Time for gladness casts a moan.... / These purblind ( meaning half-blind) Doomsters had as readily strown / Blisses about my pilgrimage as pain. (Hardy, Longman p. 2255: ll. 11-14). As you can see, this poem is a very dark and pessimistic poem about a loss of faith in an individual in God. The man replaces his faith in God with his newfound faith in Chance. He believes he is at the mercy of the elemental forces of nature, who rule over him with a blind eye. Fate is thus totally indifferent to him and his life, and he has a deep sadness out of this newfound understanding. He would much rather believe in a God above ruling over his fate, giving him joy and

The Myths Of Rising College Cost - 2366 Words

Tuition charges have increased by a national average of 20% between 2008 and 2012 (Hiltonsmith Draut, 2014). Higher education stakeholders, such as students, parents, public policy makers, have expressed their worries about the rising tuition as it has triggered a public concern about college affordability (Mumper Freeman, 2011). For public colleges and universities, it was the first time that they have witnessed that tuition as a share of total revenue surpasses the state funding for public institutions nationwide in 2012 (U.S. Government Accountability Office, 2013). It imposes challenges to public higher education institutions to shift their dependence of revenue from state appropriations to tuition and other sources (Mulhern, Spies, Staiger Wu, 2015). A number of researches have investigate the myths of rising college cost (Archibald Feldman, 2012; Baumol, 1995; Bowen, 1980; Douglas Keeling, 2008; Heller, 2011; Martin, 2011; Mumper Freeman, 2011). In summary, the major factors that attribute to the rising college cost are: (1) the decline in state financial support for public higher education with the increasing support for other items (Mumper Freeman, 2011); (2) higher education institutions set their goals to be academic excellence, prestige, and influence. To achieve these goals, they tend to generate revenue source and there is no limit for the money they can generate. So they raise all the money they can and spend all the money they raised. RaisingShow MoreRelatedThe Real Reason College Tuition Costs So Much By Paul F. Campos Essay1521 Words   |  7 PagesReason College Tuition Costs so Much,† author Paul F. Campos makes a deliberative argument that the cost of higher education is not caused by public funding bein g cut. Campos uses invention, arrangement, and style techniques in order to structure his argument and persuade his audience. His argument also contributes to the general debate in the cost of education because it is in conversation with other texts and researchers. Campos’ argument effectively contributes to the debate on the cost of higherRead MoreStudent Loan Debt Is A Burden1467 Words   |  6 Pageshandle previous bills while staying on time with college payments. According to the Consumer Finance Protection Bureau in the United States, the total amount of student debt amounts to over $1 trillion. In the article â€Å"Here’s Your Crisis: Student Loan Debt Isn’t a Myth† (2013) Chris Lewis states, â€Å"because of the weak job market, borrowers are struggling more and more to keep up with payments† (458) meaning the amount of debt consumed to go to college is going up because the job market is weak whichRead MoreThe Myths Of College Majors963 W ords   |  4 Pagesâ€Å"Myths of College Majors† College students have the hardest time paying off their student loans, but why? Well, most students usually pick their major based on their talents and their interests.(Source, Time) This idea sounds like a smart move, but in fact it is putting students in a very difficult situation. Since most majors end up making considerably less money in their first year out of college, it is becoming more and more difficult for majors in the humanities and arts to pay off their studentRead MoreThe Myth of the American Dream1269 Words   |  5 Pagesï » ¿THE MYTH OF THE AMERICAN DREAM A Raisin in the Sun is a play written by Lorraine Hansberry in the period following the Second World War. It is divided into three acts and explores the circumstances of the Younger family, a colored family living in the ghettos of southern Chicago. In particular, the play deals with the efforts of Walter Lee, the scion of the family to bring his family out of poverty and into riches by entering into a business venture. The play highlights the psychological and societalRead MoreThe Nationwide Student Debt Crisis967 Words   |  4 Pagesaccepted that college (or any form of higher education for that matter) is a wise investment that each and every individual should strive for. Each and every year thousands of parents open college funds and future investment plans to ensure that once their child is of age he or she can participate in quality educational programs. While college attendance rates are at a positive all-time high, right behind it follows an astounding $1.3 trillion dollars in student loan debt. Let’s face it, college is expensiveRead MorePrimary Educational Disparities And Education985 Words   |  4 Pagestend to have fewer educational resources such as supplies, funding, amenities, and college preparatory classes. However, â€Å"students living in poverty require more intensive resources..., and many schools in poor neighborhoods lack the...resources to break the nexus between student background characteristics and student achievement† (Nielsen, 2013). Since race has already been found to be a significant factor in college readiness, poor racial minorities face a more complex disadvantage than their higherRead MoreOrgan Donation1090 Words   |  5 PagesTopic: Why organ donation should be mandatory Audience: College Students General Purpose: To persuade Specific Purpose: To persuade people to want to become an organ donor and the benefits of being one Proposition: You should become an organ donor Organizational Pattern: Statement of logical reasoning Introduction: Attention Getter: Organ donation is an amazing thing, saving many lives every year. Roughly 152,000 people die every day and 55 Million die each year yet, there is 116,000 peopleRead MoreMy Uncle Not Worked For The U.s. Embassy1253 Words   |  6 Pagesjust a myth? For awhile, I pondered the validity of the California Dream, and through oral interviews with some of my family members – I was able to find my answer. As an aspiring educator, I believe that education is the key to social mobility, and with this in mind, I asked my relatives a series of questions regarding their schooling experience. I asked them the following questions: what were some hardships you faced during your schooling experience (elementary, middle, high school, college), doRead MoreStudent Loan Is A Terrible Idea1308 Words   |  6 Pagesproblems, America would fair better in taking the initiative in making reforms to the educational loan system that are a bit more realistic. Student loans are a massive predicament in the U.S. that can no longer be ignored. The Atlantic 311.2 article â€Å"The myth of the student-loan crisis(CHARTIST)(Statistical data)† by Allan, Nicole, and Derek Thompson states that to date student loan debt surpasses all other forms of debt with over a one trillion dollars sum (2013). The United States should stop being complacentRead MoreEssay on Global Warming: The Harmful Reality722 Words   |  3 Pagesis used as a â€Å"...political tool to increase government control over American lives, incomes and decision making† (Hiserodt 1). Allowing the government to take â€Å"control† is not necessarily a bad thing. Speaking from my personal experience, I am a college commuter and I drive back and forth through the Long Island Expressway from my home to NYIT Old Westbury. The government has a special lane on the highway known as High Occupancy Vehicle or HOV; only two or more people in a vehicle are eligible to

Hispanic Immigrants And The United States Education...

It is difficult for Latino Americans to succeed via United States’ education system. Like flowers planted in sterile soil, they can not bloom, not because they are unfruitful, but because the soil they are planted in is uncultivable. They are enrolled in learning environments that are unproductive. The infertility of their academic institutions is owed to the remnants of defacto segregation, lack of parental involvement in Latino students’ education, and the lack of Latino representation in school administrations. However, these issues regarding problems in the education system which have stumped the growth of Latino immigrants’ academic achievements, are merely an extension of the marginalization they have experienced all throughout their history in the United States. Essentially, the purpose of this essay is to argue that the path Latinos were placed on, upon arriving to America, does not provide them with the resources they need to mobilize academically. Literacy has been an issue for Latino students from the moment the United States seized Mexican territory in 1848 for Mexican-Americans, and from the moment it declared sovereignty over the island of Puerto Rico in 1898 for Puerto-Rican-Americans. The moment the United States converted these peoples’ official instructional language to English, it cut short their likelihoods of social mobilization. The change in curricula, left many of the Latino population trapped in America without the necessary literacy skills toShow MoreRelatedRacial Discrimination and Hispanics in the United States1512 Words   |  7 Pagesdiscrimination among Hispanics in the United States is on the rise along with stricter immigration laws, inadequate education for ESL classes, as well as they are prey to healthcare disparities. Data shows that many states in the United States are implementing tougher immigration laws for their individual states. Also, due to education cuts and kick-backs, English as a second language classes are becoming fewer in many school districts. Finally, health care disparities among Hispanics are on the riseRead MoreCultural Pluralism And Its Effects On American Culture1490 Words   |  6 Pages THE MODERN ERA In 2014, 35 million Americans identified as Hispanic, of whom 64 percent said they had Mexican heritage - almost 11 percent of the total population. As birthrates for Hispanics exceed those of Anglos, demographers estimate that by 2042 non-Hispanic whites will be a numerical minority in the United States. At the beginning of this century, there were twenty-one states where Hispanics were the largest ethnic minority. As a consequence, the nature of assimilation – historically a conflictingRead MoreThe American Education System Has A Latino Face Essay759 Words   |  4 Pagesproblem for the American education system has a Latino face.† (Gà ¡ndara) B.   Background Information-  The nation’s fastest-growing minority of the united states, it is frequently related to academic failure and dropping out; even though, most of the Hispanic students are native-Born. For this reason, it is impossible to Pretend that the Latino crisis is just the result of an immigration problem. C.   Thesis Statement – The Us education system is alarmingly promoting the Hispanic achievement gap with segregationRead MoreHistory of US Immigrants1546 Words   |  7 Pagesconsidered as contentious in the United States. More than two hundred years ago Benjamin Franklin concerned that German settler would overwhelm many predominantly British culture of the United States. In mid-nineteenth century an Irish immigrants were scorned as lazy. In the early twentieth century believed that a gesture of new immigrants-Poles, Italians, Russian Jews were too different to ever be assimilated into American life. Today, the fears are used against immigrants from Latin America, but criticsRead MoreEssay on The Impact of Latin American Immigration on America1553 Words   |  7 Pagescountry (23). Throughout past centuries, immigration has been a means of discovery and exploration of new lands. In today’s culture, immigration to the United States is an avenue for individuals who wish to start new lives and take advantage of the capitalistic, entrepreneurial system. People from many countries have migrated into the United States. Most recently, the migrants have come from Central and South American countries. These Latin American countries influence America’s society culturallyRead MoreVoter Apathy And Voting Apathy Essay1030 Words   |  5 Pagesright to vote by every people who are the citizens of the United States even though; they are Latinos, African-American or Asian. Voting is the important issues in political process as well as for the people themselves to decide the upcoming government in election. Moreover that, immigrants citizen must be very concerned about voting as there are few candidate who shows interest in the favor of immigrants people. Among the immigrants, Hispanic or Latinos are the largest minority group i.e. 44.3 millionRead MoreImmigrants From Latin America s Annexation Of Mexico Essay1544 Words   |  7 Pages Histor ically, Latinos have struggled against ethnic labeling, immigration as well challenges surrounding education. This can traced back to mid-19th century when according to Harvest of Empire America’s annexation of Mexico which gave the United States Texas, California, and the southwest. â€Å"Mexico’s territory was cut by half and its mineral resources by three-quarters. These appalling numbers help explain so much. In fact, you can arguably lay Mexico’s poverty and loss through emigration rightRead MoreDemographic Profile : Goshen, Indiana1329 Words   |  6 Pagesgenerations of Hispanic immigrants living in Goshen (â€Å"Quick Facts- Goshen Indiana† 1). Most of the citizens, no matter the race, work for industrial employers. The major employers are Norfolk Southern, a railroad and transportation building company, and the Always in Stone Monument Company (â€Å"Hoosiers by the Numbers† 1). Employed by the same people, the citizens of Goshen live in terspersed within each other. The houses of the white are neighbored by the houses of the immigrant Hispanic right next doorRead MoreSociology - Immigration1606 Words   |  7 Pagestheir country of origin for many reasons. Whether it is for a better job, better education, or simply to be with loved ones, immigrants have come to the United States with dreams of living a better life. The United States is none other than a make up of immigrants from diverse countries. Immigrants have been coming to the United States since its founding and have shaped the way this country is today. Some immigrants pursue the legal route – getting a visa in order to work for the status of a citizenRead MoreEarly Childhood Education Is Imperative And A Good Indicator Of A Child s Success812 Words   |  4 PagesFor Hispanics in the United States of America, the educational experience has been one of complicated disadvantage. The majority of Hispanic children begins formalized schooling (kinderga rten) without the economic or social resources that most other students receive, and the schools are not equipped to compensate or slow down their pace for these initial disparities. For Hispanics, initial disadvantages generally come from the parents’ immigrant and socioeconomic status along with their lack of knowledge

`` For Native Americans, Land Is More Than Just The Ground...

Author Kelli Mosteller wrote â€Å" For Native Americans, Land Is More Than Just The Ground Beneath Their Feet, â€Å" and in the article she argues that keeping Native American land under Native American control will result in the prosperity of their culture. In this essay, I will examine the methods Mosteller uses to prove her argument and establish herself as a credible source. Different approaches may be used in order to convince every aspect of the reader and leave no room for doubt. Appealing to the readers logical, ethical, and emotional sides are included in the distinct approaches, as well as using a variety of argument types to present separate problems. I believe Mosteller does an appropriate job of using ethos, logos, and pathos to persuade her audience into agreeing that Native Americans are capable of flourishing without the presence of non-natives. The article is catered to an audience made up of people willing to take action towards implementing independent Native A merican societies without the interference of outside parties in order to preserve their ancestral culture, as Kelli Mosteller argues in favor of. The audience includes government officials, Native American activists, and any others for the advancement of Native American people. The author communicates her position through a web article on The Atlantic, a popular website for opinionated news articles. Mosteller’s objective is to convince the audience of her argument and establish herself as a credibleShow MoreRelatedComparing Cherokee And Lakota Creation Stories1721 Words   |  7 PagesA Comparison of the Cherokee and Lakota Creation Stories Joshua J. Vanderstigchel HIST223 History of the American Indian Tamrala Swafford American Military University 08 July 2017 A Comparison of the Cherokee and Sioux Creation Stories There are many cultures throughout the world, and each has its’ own creation story, and many of them are very similar; however the creation stories of the First Nations’ People are some of the most magical. These stories not only tell how the world wasRead MoreThe Birthplace Of A Nation1180 Words   |  5 PagesThe Birthplace of a Nation Walking along an old dirt road that was once, in days gone by, a trade route used by Native Americans, my attention is drawn to a simple, little building in the middle of a peaceful field. I can hear the sweet mockingbird’s song, insects buzzing, the odd acorn falling from a tree and hitting the ground with a soft thud, and a gentle rustling of the leaves as the breeze blows through the magnolia trees. To imagine what took place here nearly two hundred years ago is trulyRead MoreEssay about California Missions – Monuments or Tombstones?1425 Words   |  6 Pagesthe land they walk on. Consequently, visitors to the missions treat them as mere tourist attractions, instead of trying to embrace and understand the complex issues the missions represent. The issue was brought sharply into focus for me recently, when I was in the cemetery of Mission Santa Barbara. It was a sunny afternoon and the tiny graveyard was crowded with people. I stood there and took in the scene around me. I saw children eating candy bars and dropping the wrappers on the ground. A groupRead MoreThe European Immigration And The New World1366 Words   |  6 PagesIn fourteen hundred and ninety two, Columbus sailed the ocean blue. So begins the European immigration to the New World. Native American people would be forever changed by these immigrants to their culture. The European immigrants were mostly Judeo Christians while the Native Americans had their own belief system. These two cultures each have creation stories that are somewhat similar and yet still different. Judeo Christian beliefs hold that, in the first chapter of Genesis, God created the worldRead MoreAnalysis of Brower vs. Dominy argument in Encounters with the Archdruid1478 Words   |  6 Pagesthe University of Wyoming in 1932 and, after an unsuccessful stint as a teacher, became a county agricultural agent for the federal government in Wyomings Gillette County. This was the time of the Great Depression and also a great drought in the American Midwest, which quickly garnered the name of the dust bowl. Frustrated by the lack of water available to farmers in his county, Dominy orchestrated the building of many dams in Gillette County, providing water to thirsty farmers and their livestockRead MoreHierarchy of Teepees1804 Words   |  8 PagesLakota name for a conical tent traditionally made of animal skins and wooden poles used by the nomadic tribes and sedentary tribal dwellers (when hunting) of the Great Plains. Tipis are stereotypically associated with Native Americans in genera l but Native Americans from places other than the Great Plains mostly used different types of dwellings. The term wigwam (a domed structure) is sometimes incorrectly used to refer to a tipi. The tipi was durable, provided warmth and comfort in winter, was dryRead MoreThe Legacy Of The Railroad3488 Words   |  14 Pageslarge crowd gathered at Promontory Point, Utah to celebrate the completion of one of the most impressive engineering feats of the 1800’s: the Pacific Railroad. After six years of grueling work, millions of dollars spent, and many battles against Native Americans fought, sea to shining sea was finally connected by two ribbons of iron. The United States was transformed by the new railroad: Masses of immigrants flocked out to the newly connected territories in pursuit of better lives, towns cropped up overRead MoreGeology of Yellowstone Essay2754 Words   |  12 PagesIntroduction It is believed that Native Americans inhabited the lands of what is now Yellowstone National Park for more than 11,000 years, until approximately 200 years ago, when European settlers began to drive many of them from their homelands. In 1872 Yellowstone was declared the world’s first national park as a way to preserve and protect the land for the â€Å"benefit and enjoyment of future generations.† (National Park Service) Yellowstone National Park covers a vast area in the NorthwesternRead More Asphyxiation1930 Words   |  8 Pagesthat night: two hikers found two dead bodies at Camper Creek on the West Coast Trail on the sixth of May 1998. The article didn’t say who the hikers were, nor did it say who the dead Native Americans were, for what would the world do with those four meaningless names? None of the four was famous, beautiful, or rich: just normal people drawn together on one particular night. The encounter was determined by two simple factors: the spe ed of the hikers along the soggy trail and the speed of leaking gasRead MoreNational Parks3567 Words   |  15 PagesYosemite National Park and The Grand Canyon. History and Definition A national park is a noun defined as a tract of land declared public property by a national government with a view to its preservation and development for purposes of recreation and culture. National parks are usually geographically located in places that have been largely undeveloped, and feature areas with native animals, plants, and endangered ecosystems. Once in a while a national park will be located in a developed area with

Australian Tax Law Taxation Act 2016

Question: Describe about the Australian Tax Law for Taxation Act 2016. Answer: 1. Issue Hilary as per the information provided in the case has derived the following three payments: $ 10,000 Sale of copyright of her autobiography $ 5,000- Sale of Manuscript $ 2,000 Sale of expedition related photographs Other relevant information include that Hilary had no prior writing experience but still accepted the offer and could complete the book without taking help from outside. Hence, in wake of this the principal task is to ascertain if the above payments constitute as income derived from personal exertion. Rule The ordinary income as derived under the scope of Section 6(5) and Section 15(15) needs to be distinguished from the capital income that is tax exempt but may give rise to gains on capital being taxed under the aegis of Section 10(5). Further, the constituents of ordinary income are essentially revenue receipts unlike capital receipts which are derived from transactions involving liquidation of capital asset (CCH, 2013). The source of the payment needs to be given key consideration as is apparent from the decision in the Brent vs Federal Commissioner of Taxation(1971) 125 CLR case, The case involves the appellant signing a contract with a newspaper agency for divulging information about her husbands behaviour towards her and marital life in general. The newspaper wanted this information as the husband was convicted in a very famous robbery case. In order to obtain the relevant information, her wife engaged in interviews for few days and at the end signed all the pages of the book written by the journalists so as serve as a authentication. There was dispute regarding the nature of payments and the court termed these as capital (Coleman, 2011). The core reasoning of the court was based on the premise that through the transaction, the actual object of interest for the newspaper was the secret information about their relationship which the newspaper wanted. The interview served as mere mode and was instrumental in facilitating transfer of information but otherwise did not add any value or provide any service. Further, the wife was involved in the signing of the book but it was only to authenticate the book and did not have any commercial value otherwise. Thus, the payments were derived by the wife and not earned. This derivation was on account of transfer of copyright of the personal information from the wife to the newspaper company for which the wife got payments (Barkoczy, 2013). Application The learning from the decision of the Brent v. FCT case would now be applied to the situation presented by the Hilary case. There are some comparisons which can be drawn in given case with the Brent v. FCT case which are highlighted below. Motive of the offer In Brent v. FCT case, the actual asset that the newspaper intended to buy was exclusive access to the information about the martial life. Similarly, in the given case, the actual asset which the local newspaper has offered money for is not the book written by Hilary but rather exclusive access to the contents of the book which narrate Hilarys personal life. The information in both cases is the asset due to the underlying fame associated with the concerned person whose information is sought. Irrelevant nature of incidental activities In Brent v. FCT case, interview was the medium through which information as extracted from the wife through the use of journalists. Further, the act of putting signatures on each page of the book lacked any commercial value In the given case, information is extracted from Hilary through the indulgence of writing in the book which would not have much commercial value as Hilarys profession is not book writing and infact she has no prior writing experience. Further, similar argument may be extended for photography where Hilary has no expertise and the commercial value lies in the fact that it captures a moment from Hilarys expedition. In wake of the above, it is apparent that the income is derived from the sale of assets and not earned by engaging in personal exertion or any activity. Even though Hilary engaged in writing, but it did not result in any valuable being created and is only a medium for information transfer to the newspaper. Similar arguments may be made for manuscript and photographs and thus the transactions involving these results in capital receipts which are non-assessable but the gains so derived may pose CGT liability (Section 10-5). Now if the underlying motive behind writing of book by Hillary is only satisfaction of self and not to earn profit, then the writing activity would be considered as a mere hobby. This is because this is being carried out in a non-commercial manner i.e. without appointment of editors and other external staff. Also, there is no intent to earn money from this and Hilary has never written a book before. Any proceeds that may be derived from hobby indulged without any commercial intent would amount to non-taxable receipts (Hodgson, Mortimer Butler, 2016). Conclusion Based on the discussion above, it would be fair to conclude that if Hilary indulged in writing after getting the offer, then the receipts are capital in nature and non-assessable. However, if the intention is only to derive satisfaction, then writing becomes a hobby and thus the proceeds would not be assessable. 2. Issue The facts of the given situation are summarised below. Son obtains a debt of $ 40,000 from his mother for buying house and makes a promise to return a sum of $ 50,000 after five years. The mother clarifies that she wants prompt repayment of principal at the committed time and does not desire any interest income for the help extended. In actuality, the son does not take five years to clear the loan and repays the money only in two years. The total repayment is made in the form of one cheque totalling an amount of $44,000. In wake of the above description of facts, the central concern is to opine if mothers engagement in the above lending arrangement would have any effect on the assessable income or not. Rule In cases where the lender repays back the money, no tax is applicable on the principal repayment which would be categorised as capital receipts. However, the issue is with regards to the determination of the tax assessibility of any incremental amount received by the lender. This amount may be assessable income if it falls within the purview of either Section 6-5 or Section 15-15 (Woellner, 2013). The amount would fall within Section 6-5 if the underlying taxpayer operates a money lending business or has made an investment where interest income is expected and paid whether periodically or as a lump sum amount. The amount would fall within Section 15-15 if the lender enters into an isolated lending transaction but the same has been enacted professionally with income intention. In order to judge the commercial element in the transaction, its comparison with business transactions would be made (Gilders et. al., 2016). For the payment to be classified as a gift there are certain conditions that ought to be fulfilled. Firstly, there has to be an actual ownership transfer of the underlying gift to the transferee. Secondly, this transfer is to be prompted on voluntary basis without any pressure from transferee or any other party. Thirdly, post the transfer of gift, there must not be any expectations from the transferor to derive benefits from the transferee in any nature at any point of time. Lastly, this transfer must be initiated on the back of personal feelings and not as professional relationship (ATO, nd). Application The first aim is to analyse if the incremental income to the tune of $ 4,000 can be assessable under Section 6(5) or Section 15(15). There is no information to suggest that the mother has a money lending business and also the given money has been lent without intention of earning interest. Hence, the interest income cannot be covered under Section 6(5). Further, from the manner in which the loan is extended, this cannot be termed as a commercial transaction. This is because the agreement for the money is not written, lacks any legal documentation and mother has made no demand for any collateral. Besides, the fact that she has no intention to earn interest income removes the payment from the ambit of Section 15(15) as presence of profit intention is pivotal in this case. Thus, the payment of $ 4,000 would be termed as gift and would not attract any tax liability for the mother. The relevant explanation is outlined below. Through the cheque, the ownership transfer of the amount has successfully been achieved. The son made the payment even though the mother insisted on not making any payment. The son has no expectations for any present of future gains for the $ 4,000 extended to mother. One of the core aspects that drives this payment is the affection of son towards the mother. As all the four conditions are satisfied, thus the $ 4,000 payment would be gift from the son to mother and would be exempt from tax. Further, the amount of $ 40,000 is non-assessable as they are capital proceeds. Conclusion On account of the lending transaction discussed, the mother would not have to bear any additional tax liability. 3. Part a) The given case briefs about Scotts property whose market value is $ 800,000. The property essentially comprises of two major assets. Constructed House Land There is difference in date of acquisitions of the two assets. While the land was acquired in 1980 when CGT legislation was absent but construction of house took place when CGT legislation was applicable. Thus, it is prudent to treat the two assets separately as land is CGT exempt unlike house which would be CGT applicable (Nethercott, Richardson Devos, 2016). Total value of property in 1986 = Value of Land + Value of House = 90000 + 60000 = $ 150,000 Hence, 40% of the propertys value is derived from the house. Thus, value of house at current market prices = 40% of the propertys market value = (40/100)*800000 = $ 320,000 Hence, the remaining component would be CGT exempt as that is value of land. Capital gains on house = Selling price of house Cost base = 320000 60000 = $ 260,000 Taxable gains as per discount method = (1/2)* 260,000 = $ 130,000 Construction cost after adjusting for inflation = (68.72/43.2)* 60000 = $ 95,400 Taxable gains as per indexation method = 320,000 95,400 = $ 224,600 The above calculations clearly indicate that CGT applicable gains on the property sale amount to $ 130,000 since Scott as an individual taxpayer has the option to choose either method (Barkoczy, 2013). Part b) In this case, the relevant statute would be Section 116-30(2) which clarify that the taxable capital gains in case of discrepancy between the actual sale price and existing market price, the larger value of the two would be given prominence (Austlii,nd). Actual selling price to daughter = $ 200,000 Current market price = $ 800,000 Hence, the capital gains would be applicable using $ 800,000 and hence answer would again be $ 130,000. Part c) The property now belongs to a company which cannot use the discount method and hence is limited to only indexation method (CCH, 2013).The taxable capital gains in accordance with this would amount to $ 224,600 as has been shown in the a) part. References ATO nd, Gifts and Donations, Australian Taxation Office, Available online from https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Gifts-and-donations/ (Accessed on September 2, 2016) Austlii nd, INCOME TAX ASSESSMENT ACT 1997 - SECT 116.30, Austlii Website, Available online from https://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s116.30.html (Accessed on September 2, 2016) Barkoczy,S 2013, Foundation of Taxation Law 2013,5th eds., CCH Publications, North Ryde CCH 2013, Australian Master Tax Guide 2013, 51st eds., Wolters Kluwer, Sydney Coleman, C 2011, Australian Tax Analysis, 4th eds., Thomson Reuters, Sydney Gilders, F, Taylor, J, Walpole, M, Burton, M. Ciro, T 2016, Understanding taxation law 2016, 9th eds., LexisNexis/Butterworths. Hodgson, H, Mortimer, C Butler, J 2016, Tax Questions and Answers 2016, 5th ed., Thomson Reuters, Sydney, Nethercott, L, Richardson, G Devos, K 2016, Australian Taxation Study Manual 2016, 4th ed., Oxford University Press, Sydney, Sadiq, K, Coleman, C, Hanegbi, R, Jogarajan, S, Krever, R, Obst, W, and Ting, A 2014 ,Principles of Taxation Law 2014, 7th eds., Thomson Reuters, Pymont Woellner, R 2013, Australian taxation law 2013, 7th eds., CCH Australia, North Ryde

Cultural Anthropology Essay Example For Students

Cultural Anthropology Essay There are lots of areas of study out there but the one field that intrigues peoples and civilizations is the actual study of themselves and how they interact with other human cultures. I dont think that I would have enrolled for this class if it hadnt been for the minor requirement in my business major. Although this class started early in the morning and required a lot from me, I am glad that I took it. I grew up in two cultures simultaneously and the experiences I incurred have made me the person I am today. I think that it is important to familiarize yourself with other cultures not just in business but it will aid in smoother business transactions. In the following paragraphs I will discuss the breadth of Cultural Anthropology Essay. Anthropology and the vast fields that are included in the study cannot be summarized in one paper. I will attempt to cover as much as I can in the following pages. I will also relate Anthropology to college students today and explain the importance of understanding other cultures. Finally I will elaborate on some of the presentations that I liked the most and offer helpful hints and comments on those groups. The discipline of anthropology studies humankind in the cultures of the world, both past and present. This study includes humankinds physical development and the wide diversity of lifestyles people have created. The main goal of Anthropology is to understand objectively the reasons for both similarities and differences among humans, their behaviors and ideas. Using the central concept of culture, a system of shared beliefs, values, customs, behaviors, and material objects that members of a society use to cope with their world, anthropologists investigate and gather data on the human condition. Cultural anthropology is a broad subject and not only includes different ethic cultures but social economic cultures as well. Cultural Anthropology seeks to understand and describe each culture in its own perspective and in comparative perspective. Cultural anthropologists gather data through first-hand field study in other cultures and do cross-cultural comparative studies which provide insight and understanding of the modes and patterns of human life. In the group presentations, the group that did the Italian Mafia intrigued me and got me thinking about subcultures within cultures. It showed how deep cultural anthropology really is. Studying about Italian immigrants and their way of life is interesting as it is, but including a subgroup, a group that was not mentioned in official textbooks is amazing. The Mafia, which stands for family was originally practiced in Italy as a way of helping people and neighborhoods out. I remember seeing the video that the Mafia group did and the interview with one of the group members fathers. He had the stereotypical New York accent and spoke very highly of the original beliefs of the Mafia. He did however note that he did not endorse or condone the illegal actions of the Mafia. I think this group did a very good job in their presentation. Their layout was very smooth and the topic of the Italian Mafia is always an attention grabber simply because of the nature of the topic. I think that the overall breadth of anthropology is meaningful to me because I think that the more a person knows about a topic the less they are to prejudge someone or something before getting to know about it. The presentations were an excellent way to introduce each groups topics and cultures in an entertaining and informative way. I dont think that I would have ever known anything about Hindu Marriages or Single Family African American Homes if it werent for the presentations. I think that prejudice would be lessened if people were more educated with the cultures and traditions of other races. This would prevent possible ethnic clashes when hard times arise, for instance the LA riots. During the LA riots in South Central LA, African Americans destroyed Korean businesses using the Rodney King verdict as an excuse. A few months earlier, a black male entered a Korean owned convenience store and walked out with a case of beer without paying for it. The clerk, who was a family member shot .