The objective is to critically analyze accounting practices and policies of the United States in relation to recent scandals and real-world scenarios.

In a 1789 letter, Benjamin Franklin stated, ". . . in this world nothing can be said to be certain, except death and taxes." Proper strategic and financial planning involves tax liabilities. Leaders desire to effectively reduce these costs as much as possible.

1. Conduct research and analyze the link between economic growth, business growth, job growth, and tax reduction.
2. Aside from counting on Federal tax cuts, business can take proactive steps to reduce its tax liabilities. Through research, evaluate and discuss ways for businesses to do so in an ethical and legal manner.
3. Evaluate and discuss the relevance of the Laffer Curve to Tax rates.

• How might you support your assertations with credible and scholarly research?
• 3 scholarly sources?