Income Tax is a Personal Obligation

Discussion Topic 1:
Governments have many types of revenues, including:
Property taxes.
Sales taxes.
Income taxes.
Licenses and permits.
Fines.
Grants and donations.
Sales of capital assets.
On-behalf payments.
Using the list above, please respond to the following:
Pick two of the different types of governmental revenues and explain how each is accounted for.
Discussion Topic 2:
Chapter 5, "Energy," in your textbook explains why the world is in the midst of an energy crisis as it concerns the rapid use and depletion of nonrenewable natural resources. According to Hite (2021), "Many experts predict that the largest increase in demand for oil in the coming years will come from increasingly industrialized economies with large populations" (p. 140).
REQUIRED WEEK 3 CHECKLIST:
Task A) Main Discussion Post
1) From the Chapter 5 readings and other course material, discuss the ways in which the energy crisis could be offset by measures taken in developed nations to address the energy-climate crisis. 2) Discuss potential strategies could be used to reduce the demand for energy in industrialized economies with large populations. 3) Discuss issues associated with satisfying the demand for energy while taking more responsible approaches in developing countries and developed countries. Note! For Question 3 It is helpful to select a developing country (if you have not done so) from the World Bank List (see Course Information section).
Remember to provide complete reference sources for the main discussion questions. Remember class, when you do not cite your work (fail to give credit to the author/s, this is an academic integrity violation). It is important to number each question to better understand your responses to specific concepts..