The Desires Of Being Rich - 1118 Words

The Desires of Being Rich â€Å"Money can’t buy happiness† is one of the most well known saying commonly heard throughout the world. Money is one of the most important things in our lives, next to, food and water, shelter and transportation but will all of those things, you need money. That is where the phrase â€Å"Money can’t buy happiness† comes in because people think that since money can buy everything else, it can easily buy happiness as well. Money can not make people love you for who you are, having a lot of it is nice but it doesn’t change the person you are. Happiness is a feeling we find within our own selves as human beings. An object should not be able to define that happiness. Money s not everything and it’s sad that nowadays people a lot of people haven’t figured it out. Many people are caught up in what they think is happiness and live their whole lives miserable. Throughout literature, it is evident that striving for money does not end up what you want to be in the end. The characters in A Doll’s House by Henrik Ibsen and The Great Gatsby by F. Scott Fitzgerald experience that becoming wealthy will not buy you happiness and relationships can be ruined in the end. People throughout the world are grown up in all sorts of different situations. Growing up very poor with hardly having food at the dinner table every night can force you to have extreme motivation to live a completely different live. In The Great Gatsby by F. Scott Fitzgerald readers experience how hardShow MoreRelatedThink and Grow Rich by Napoleon Hill1047 Words   |  5 PagesExecutive Summary: â€Å"Think and Grow Rich,† by Napoleon Hill In the book â€Å"Think and Grow Rich,† the author, Napoleon Hill, provides a set of principles that he calls the key to financial success. The idea at the center of these principles is that one becomes what he or she frequently thinks about, in this case success (i.e. rich). Hill lays out a method he created to translate one’s thoughts into reality, creating an insatiable hunger and drive within an individual to succeed. Using the examples ofRead MoreCan Money Buy Happiness?1307 Words   |  6 Pagesthings that can make an individual happy. The little things are the ones that impact the person the most in terms of happiness. Many think money is the reason for happiness, but in reality, money is far from it. Money may cause happiness for the time being, but money is definitely not something that causes true and lasting happiness. Lasting happiness is caused by the individual himself or herself. The little things one enjoys and feels joy in is considered the biggest ha ppiness. Life experience givesRead MoreRich vs. Poor Essay1081 Words   |  5 PagesRich vs. Poor    ​ A man’s economic status is based solely on his wealth and his material possessions, or lack thereof to define him as being â€Å"rich† or â€Å"poor.† Similarly, these two words, â€Å"rich† or â€Å"poor,† should also describe a man’s character.                  Rich is characterized as having a lot of money or possessions: valuable, meaningful, or significant. Poor is characterized as deficient in amount or indicating poverty.   Yet, when we look at a man or woman, do we judge them by their wealth orRead Moreâ€Å"the Play a Man for All Seasons Demonstrates That in the End Every Man Has His Price†799 Words   |  4 PagesIn the play A Man For All Seasons the character Richard Rich states early that â€Å"every man has his price.† For most of the characters in the play this is true. However, there are exceptions to this statement. Sir Thomas More, even when faced with impending doom refused to compromise his conscience. Others in the play did not show such bravery and commitment to their moral standard. Those that did not show such bravery are Richard Rich who betrayed More by giving falls witness against him in courtRead MoreEssay about Problems of Civilization and Society1341 Words   |  6 Pages Freud defines the conflict humans have between the self and culture, both of which are structured by civilization. Similar to Freud, Adrienne Rich also sees herself locked in conflict caused by society. However, in comparison to Freud, Rich describes these conflicts based on personal identity, whereas Freud describes conflicts based on personal desire. According to Freud, conflict is produced in each individual by the demands of his construct as he tries to meet the requirements that civilizationRead MoreEssay on Think Grow Rich1262 Words   |  6 PagesJanuary 24, 2011 Think Grow Rich Most people in today’s society define success as someone who makes a lot of money or has done something important to help form today’s society. People such as Bill Gates or Donald Trump are considered successful because they have lots of money. Even actors whose lives are wrecked and destroyed are considered successful because of the money they have. Others, like Thomas Edison, are considered successful because of accomplishments they achieved in their livesRead MoreDemocracy : An Ideal State A Model For Future Societies1095 Words   |  5 Pages Jennifer Turner History TR 12:30-1:45 October 16, 2014 Democracy viewed as a system strictly for the benefit of the rich and to control the poor. Democracy is the platform for a man to quench their insatiable want to attain more money. The rich were unaffected by this desire, for they continue to have monetary gain while the poor suffered. A position of authority is given out without any thought to whom has been chosen for the role. Once the poor becomes intolerant to the subjective behaviorRead MoreExamples Of Social Classes In The Great Gatsby1381 Words   |  6 Pagesdividing factor that separates people based on income. In a similar way, the main characters of The Great Gatsby are divided into the following social classes; the old money, the newly- rich and the working class. In The Great Gatsby, F. Scott Fitzgerald utilizes social classes to create a distinct line between the rich and the poor, creating a distinct outcome to the novel due to the advantages and disadvantages of each group. In regards to Daisy’s social class, she was born into affluence. Daisy’sRead MoreA Scandal in Bohemia Essay714 Words   |  3 PagesHis dress was rich with a richness which would, in England, be looked upon as akin to bad taste. Heavy bands of astrakhan wereslashed across the sleeves and fronts of his double-breasted coat, while the deep blue cloak which was thrown over his shoulders was lined with flame-coloured silk and secured at the neck with a brooch which consisted of a single flaming beryl. Boots which extended halfway up his calves, and which were trimmed at the tops with rich brown fur, completedRead MoreDo We Control The Media Control Us?889 Words   |  4 PagesControl the Media or Does the Media Control Us? Imagine how surveys came into play. Imagine a group of people wanting to know what another group of people think, feel, want and desire. A survey came to be a way to meet the needs of others at a much more efficient way. Imagine mass media as a way to meet the needs and desires of the mass. It is a survey taken every time the remote is used. Whatever catches the attention of the mass is what the media produces quantities of and whatever the mass rejects

Unit 4222-303 Promote equality and inclusion in health,...

Unit 4222-303 Promote equality and inclusion in health, social care or children’s and young people’s settings Outcome 1: Understand the importance of diversity, equality and inclusion 1. Explain what is meant by: Diversity – In the literal sense the word ‘diversity’ means different. Through diversity we recognise the uniqueness of the individual and value these differences. Diversity can consist of factors which include personal characteristics such as background, culture, personality and work-style. However, certain characteristics are protected under discrimination such as gender, sexuality, religion, ethnicity, disability and age. Equality – Equality is about creating a fairer society, where everyone can participate and has the†¦show more content†¦The Blue Badge parking scheme is organised by the local council and Llanerchrugog Hall is a participant; the scheme allocates permits for parking spaces that are often wider and closer to the destination e.g. supermarket entrance. This scheme promote equality by addressing the needs of those with disabilities that effect their mobility and by participating in the scheme we are making a conscious effort to bring service user’s needs in line with able bodied people who can walk longer distances. Inclusive practice can support diversity through a variety of means from the way kitchens operate by including kosher and halal meats, to the facilitation of prayer space for colleague/service user religious beliefs. Outcome 2: Be able to work in an inclusive way 1. Explain how legislation and codes of practice relating to equality, diversity and discrimination apply to own work role I generally believe in treating all people as I would like to be treated, with respect and courtesy; as a carer I regularly deal with two different groups of people – service users and colleagues. A consistent part of my job is to meet the needs of service users who would fall under the disabilities characteristic in the Equality Act 2010. Legislation that applies to my work role is outline in the company Equality policy andShow MoreRelatedUnit 4222-303 Promote Equality and Inclusion in Health, Social Care or Children’s and Young People’s Settings1578 Words   |  7 PagesUnit 4222-303 Promote equality and inclusion in health, social care or children’s and young people’s settings Outcome 1 Understand the importance of diversity, equality and inclusion 1. Explain what is meant by Diversity, Equality and Inclusion Equality Equality is the term for treating people fairly and offering the same chances, it’s not all about treating everyone in the same way, but recognising everyone is different, and they all have very different needs, but making sure they are met Unit 4222-303 Promote Equality and Inclusion in Health,... Unit 4222-303 Promote equality and inclusion in health, social care or children’s and young people’s settings Outcome 1 Understand the importance of diversity, equality and inclusion 1. Explain what is meant by Diversity, Equality and Inclusion Equality Equality is the term for treating people fairly and offering the same chances, it’s not all about treating everyone in the same way, but recognising everyone is different, and they all have very different needs, but making sure they are met. These different needs could be race, age, physical health, mental health, gender, sexual orientation, beliefs and creeds. In the workplace, there are many service users, 13 altogether, and each of them have a variety of needs. Some with†¦show more content†¦On a larger scale however, the organisation has just taken a massive step forward. This is to do with the funding for one on one hours. The manager has managed to gain equal one on one hours for every service user. This means that for once in the organisations existence they can provide an equal service, to each individual and the will all have an equal amount of support. This is demonstrates inclusive practice leading to equality, however each set of hours can be different for each service user which embraces diversity. Outcome 2 Be able to work in an inclusive way 1. Explain how legislation and codes of practice relating to equality, diversity and discrimination apply to own work role. Legislation that underpins the way I work and I have to always take in to consideration, is in abundance. For example there are: †¢ Race Relations Act 2003 †¢ Sex Discrimination Act 2005 †¢ The Employment Equality (Age) regulation 2006 †¢ Disability Discrimination Act 1995 †¢ Disability Discrimination Act 2005 †¢ The Employment Equality (Sexual Orientation) Regulations 2003 †¢ Human Rights Act †¢ Equality Act Only to name a few. Though the acts or regulations regarding employment don’t affect me at this immediate moment, they have done during my application process and is worth bearing in mind, if I ever want to progress to a manager level. From theShow MoreRelatedUnit 4222-303 Promote equality and inclusion in health, social care or children’s and young people’s settings Outcome 1: Understand the importance of diversity, equality and inclusion1112 Words   |  5 PagesUnit 4222-303 Promote equality and inclusion in health, social care or children’s and young people’s settings Outcome 1: Understand the importance of diversity, equality and inclusion 1. Explain what is meant by: Diversity – In the literal sense the word ‘diversity’ means different. Through diversity we recognise the uniqueness of the individual and value these differences. Diversity can consist of factors which include personal characteristics such as background, culture, personality and work-style

Interaction Between Tax Treaties and Domestic Law

Question: Discuss about the Interaction Between Tax Treaties and Domestic Law. Answer: Introduction In this report, an attempt is made to discuss the provisions of section 45 of Singapore Income Tax Act. This section deals with the payments made to nonresidents. This report discusses the purposes of the withholding tax in the context of Singapore. The report discusses the application of withholding tax in the payments that are made to nonresidents. There are certain consequences for making defaulting in withholding tax payments. This report makes discussion regarding the penalty for such nonpayment. There are certain payments that are not subject to withholding tax. These exempted payments are discussed in the report. Further, the report critically discusses and evaluates the application of withholding tax. Purpose of Withholding Tax In Singapore, the applicable tax laws that are Income Tax Act (Chapter 134), Property Tax Act (Chapter 254), Goods and services Act (chapter 117A) and the stamp duties act (Chapter 312). The Internal Revenue Authority of Singapore (IRAS) a board under the Ministry of finance of Singapore is responsible for collecting corporate tax, personal tax, property tax, goods and service taxetc. The Singapore Master Tax guide 2015/16 (34th edition) states that it is necessary to distinguish between resident and nonresident taxpayer because the amount of tax payable depends on the residential status of the taxpayer. The taxpayer is regarded as resident if the following criterias are full filled. The first criteria states that person should reside in Singapore and the second criteria is that the person should be physically present in Singapore for 183 days or more. The third criteria for being a resident is that the taxpayer should exercise employment in Singapore.The taxpayer is regarded as nonresident for the purpose of tax if the taxpayer has stayed in Singapore for 61 days to 182 days or the taxpayer has been employed for less than 60 days. The residents of Singapore are taxed in a progressive basis whereas nonresident taxpayers are taxed in a flat rate as provided later in the report. In case of companies the residential status is determined based on the control and manag ement test. The company is regarded as resident for the purpose of tax if the control and management of the company is in Singapore (Teck et al. 2016). The withholding tax is applicable in Singapore for payment made to non-residents. The nonresident includes the employees, business or partners that are nonresident. In Singapore, the companies are legally bound under Part XII of Deduction of tax at source of SITA to withhold a percentage of payment made to nonresidents. This withhold amounts were required to be deposited with the IRAS and it is called withholding tax (Johannesenand Zucman 2014). It can be said that withholding tax is an effective way of collecting tax from certain group of non-residents. In general, the tax burden lies with thenonresident earning income unless specifically provided in a contract. In this system, the responsibility of the tax reporting and payment is shifted from the nonresident to the resident (Gandhiet al. 2016). The payer withholds a certain percentage of the amount at the time of making the payment. This system has ensured that nonresident taxpayers are unable to avoid their due taxes. Therefore, it can be said that the main purpose of thewithholding taxes is to collect the withholding taxes promptly and effectively from the non-residentsso that government does not lose revenue (Braunerand Baez Moreno 2015). Payments subject to withholding Tax The withholding tax is applied to non-resident companies and professionals. In Singapore a company is considered to be nonresident for the purpose of tax if the company is incorporated in a foreign country. However sometimes company incorporated in Singapore is also treated as nonresident for the purpose of tax (Chauet al. 2014). In case of nonresident companies there are certain types of payments that attracts withholding tax this are discussed below. The payment of interest, fees, commission that are made in connection with any indebtedness or loan under section 45 of the Singapore Income Tax Act. The determination of withholding tax is only relevant for transactions that are deemed to have been conducted in the Singapore. The withholding tax rate that are applied in this case is 15% (Caruana-Galizia and Caruana-Galizia 2016). For example if a loan is provided by foreign bank to entity in Singapore and the entity is paying interest on that loan. Then in such case withholding tax should be deducted from the payments that have been made by the entity to foreign banks. The withholding tax are deducted from the royalty and other payments that are made to a nonresident companies by the application of the section 45A of the SITA. The withholding tax rate that is applied in this case is 10%. For example if an entity in Singapore pays royalty income to a nonresident then in such withholding tax should be deducted at the time of making the payment. Management fees paid to nonresident entity are also subject to withholding tax. The section 12(7)(c) of the SITA states payment that has been made for management or assistance in management of business or profession is deemed to be sourced from Singapore if it is borne by a resident of Singapore. In the case of management fees the withholding tax is determined after considering the facts that are related to double taxation agreement. The withholding tax rate for the management fees is the prevailing corporate tax rate or 17% can also be applied as the withholding tax rate (Dyrenget al. 2015). For example a company in Singapore may hire management consultants from abroad then in such case withholding tax should be deducted at the time of making payment. In case a foreign entity is hired for providing the service like equipment installation, consultancy and others then the payments made subject to withholding tax. It should be noted that withholding tax is applicable only if the work is conducted in Singapore. The withholding tax rate that can be applied in this case is the prevailing tax rate or 17% (Issaand Stull 2014). The entities in Singapore imports equipments then if installation service is provided by a nonresident then in such case the withholding tax is deducted at the time of making payment. The rent received by nonresident company for leasing the movable property in Singapore are subject to withholding tax. The withholding tax rate of 15% is applied for the payment of rent. For example there are certain companies in Singapore that rents movable property from other countries. Then in such case the rent are paid after deducting withholding tax. The payments that are made to nonresident professionals are also subject to withholding tax. In general there is a flat rate of 15% that is applied on the gross income of the nonresident. However there are certain exception in case of payment to nonresident individuals if royalty payment is made or payment is made to directors then withholding tax of 20% is applicable. Payments Exempted from withholding Tax In general withholding tax is applied in case of payments made to nonresidents. There are instances where certain payments are exempted from withholding tax. The details of that are given below: Payments for specialized software The payments that are made for software are regarded as payment of royalty payments and in that case withholding tax of 10% is applied (Morita 2015). However there are certain types of software payments that are exempted form withholding tax. These are software for shrink wrap, software that are downloadable and are used by the end users, license for the sites and software that are bundled with the hardwares of the computer; Dividend Payments The withholding tax is not applied for payments of dividends to nonresidents. Payments made for submarine cable capacity and IRUs The payments that have been made for using the submarine cable capacity is exempted from the application of withholding tax. The withholding tax is not applied to payments made for IRUs. Consequences for defaulting withholding tax There are penalties that are imposed on failure to impose withholding tax on the payments made to nonresidents. The section 45(1) of the SITA provides that every tax deducted is a debt to the government and is recoverable in a manner specified under section 89 of the SITA. It is provided in section 45(3) of the SITA that if a taxpayer fails to deduct tax that was required to be deducted under section 45(1) of the act then in such case the withholding tax is recovered from the taxpayer (Kwanet al. 2016). The taxpayer that have withhold tax from the nonresident is required to submit a form 137 to the IRS. If the taxpayer fails to submit the form or fails to remit the amount deducted from the nonresident then it is considered as a crime committed by the taxpayer. In such case the taxpayer is required to pay the penalty that is three times of the amount withhold from the taxpayer. In addition to this the taxpayer will also liable to pay a fine maximum of $10000 or serve an imprisonment term for not more than 3 years (Spengel 2015). The tax withheld should be paid to the IRS within the due date. In case of late payment penalties are imposed to the maximum of 20% of the tax withheld. If the withholding tax are not submitted within the due date then an immediate penalty of 5% is applied then for each additional completed month penalty of 1% is added. It should be noted that there can be additional penalty to the maximum of 15% (Foster 2014). Evidence from Case Laws The case of ACC V Comptroller of Income Tax (2010) is a significant case related to withholding tax in Singapore. This case is important not only because the word interest have been interpreted by the comptroller to include the payments that have been made for interest rate Swap agreements (Nooret al. 2016). This case is important because of the fact that it was the first judicial test of the assertion of the comptroller that no taxpayer can challenge the withholding tax. The comptroller argued that the withholding tax is mechanism for collecting the tax that are due to the nonresidents (Haberly and Wjcik 2014). The taxpayer is only to act as a paying agent for nonresident and collecting agent for department of revenue. The income tax act provides the opportunity to make appeal against the assessment of tax. The withholding tax is a collection mechanism therefore there is no opportunity for making appeal or bring objection. In this case court observed that interest swap agreement does not give rise to the payment of interest. The court held thatthe letter of demand issued by the commissioner is only an opinion and does not have any actual legal effect. The court further concluded that the responsibility of the commissioner as stated by the income tax act is the assessment and collection of tax (Tinget al. 2016). Therefore the act has not conferred any power on the commissioner to make binding determination of the provision of the law. This was a path breaking case in the withholding tax that have provided the taxpayers the right to challenge the demand raised on the withholding tax. Critical analysis of the effectiveness of withholding tax The withholding is an area that has been continuously overlooked by the individuals and the entities. It is evident from the mistakes made by them in the application of the withholding tax. The penalties that are imposed for noncompliance is significant. Therefore the individuals and entities should be aware of the provisions of the withholding tax so that they can avoid costs that are not necessary (Wiedemannand Finke 2015). The burden of the withholding tax has to be borne by the nonresident therefore for effective application the nonresidents should be made aware of the various provision of the withholding tax. This well help the nonresident to take various exemptions that are existing in the legislation and it is also helpful for them for taking administrative concession. The nonresidents that are required to pay withholding should file tax return so that the income can be ultimately assessed on a net basis (Braun and Weichenrieder 2014). On critical analysis it can be said that withholding tax has helped the government to collect tax from the nonresident in a smooth and timely manner. The revenue loss has significantly reduced as the taxpayer has to bear the liability if the tax is not withhold from the nonresident (Masui 2016). Based on the above discussion it can be said that withholding tax has been effectively applied and this has helped to simplify the process of tax collection and tax administration. However, there are certain suggestions that are provided to improve the application of the withholding tax system and help the nonresident taxpayers. It is suggested that proper steps should be taken to ensure that Form C is completed accurately. It is suggested that assistance should be provided for maintaining good record with IRAS in order to avoid noncompliance and penalty. It is recommended that the tax liability should be reduced if the payer has to bear the withholding tax. The taxpayer should be given more information so that they can use tax treaties for reducing the withholding tax rates. Conclusion Based on the above discussion it can be said that the withholding tax has helped Singapore government to increase its revenue. It can be seen that the withholding tax has been ignored but in recent time therefore it is advised that the government should take steps to ensure that every resident and nonresident are well informed about the withholding tax. Therefore based on the above discussion it can be concluded that withholding tax is critically important for Singapore. Reference Braun, J. and Weichenrieder, A., 2014.Does Exchange of Information between Tax Authorities Influence Foreign Direct Investment into Tax Havens?. Mimeo. Brauner, Y. and Baez Moreno, A., 2015. Withholding Taxes in the Service of BEPS Action 1: Address the Tax Challenges of the Digital Economy. Caruana-Galizia, P. and Caruana-Galizia, M., 2016. Offshore financial activity and tax policy: evidence from a leaked data set.Journal of Public Policy,36(03), pp.457-488. Chau, K.W., Wong, S.K. and Yiu, C.Y.E., 2014. International Real Estate Markets. Dyreng, S.D., Lindsey, B.P., Markle, K.S. and Shackelford, D.A., 2015. The effect of tax and nontax country characteristics on the global equity supply chains of US multinationals.Journal of Accounting and Economics,59(2), pp.182-202. Foster, M., 2014.Withholding tax on services: a square peg in a round hole?: an analysis of intra-group cross border services in the context of source, related transfer pricing principles and witholding taxes(Doctoral dissertation, University of Cape Town). Gandhi, R.H., Trivedi, U., Chandak, G. and Calvin, J., 2016. Changes to India-Mauritius Tax Treaty Affect Investors.Journal of Taxation of Investments,34(1). Haberly, D. and Wjcik, D., 2014. Tax havens and the production of offshore FDI: an empirical analysis.Journal of Economic Geography, p.lbu003. Issa, N. and Stull, J., 2014. Saudi Arabia: Steady Growth amidst New Regulations.The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets, pp.421-432. Johannesen, N. and Zucman, G., 2014. The end of bank secrecy? An evaluation of the G20 tax haven crackdown.American Economic Journal: Economic Policy,6(1), pp.65-91. Kwan, C.Y., Bali, A.S. and Asher, M.G., 2016. Organization and Reporting of Public Financial Accounts: Insights and Policy Implications from the Singapore Budget.Australian Journal of Public Administration,75(4), pp.409-423. Masui, Y., 2016. Interaction between Tax Treaties and Domestic Law in JapanThe Role of a Coordinating Statute. Morita, K., 2015. Advance Tax Payments And Tax Evasion: A Note.The Singapore Economic Review,60(05), p.1450050. Noor, R.M., Kasim, N., Dangi, M.R.M. and Kadir, Z.A., 2016. Policy and Compliance Issues of Tax System for Shariah Equities, Islamic Finance and Zakat Reporting in Malaysia. InContemporary Issues and Development in the Global Halal Industry(pp. 445-455). Springer Singapore. Spengel, C., 2015. Where do the Netherlands stand in comparison to other countries?. Talmage, M., Puddy, A., Irlicht, L. and Randall, A., 2016. Global Equities Underperformance Disguised as Outperformance.The Journal of Index Investing,7(3), pp.49-56. Teck, T. and Oei, J., 2016. Singapore Master Tax Guide Handbook 2015/2016. 34th ed. Singapore: CCH Singapore. Ting, A., Faccio, T. and Kadet, J.M., 2016. Effects of Australia's MAAL and DPT on Internet-Based Businesses. Wiedemann, V. and Finke, K., 2015.Taxing investments in the Asia-Pacific region: The importance of cross-border taxation and tax incentives(No. 15-014). ZEW Discussion Papers.

Revolutionary war involement Essay Example For Students

Revolutionary war involement Essay Before the revolutionary war and increased british involvement, the colonies were a successful and growing nation. The Britishs harsh lwas and actions caused american distain. many feel because of the outcome of the american revolution it should rather be called the british revolution. there were many reasons to support this theory, however there were also many reasons to leave the name as it is. Britains foreign policys actions and reactions all fall under the main category of acts and laws. the most important act that led to the creation of many more acts were the Coercive Acts. these were the first direct tax on colonists. from this the Stamp and Sugar Acts were created. these acts were the first acts to corrupt however bond colonists. another main speculation of Britian Foreign Policy is the unequal treatment of the colonists. The british felt they were superior to all colonists. Land was another main issue within the colonists and british. The Proclamation of 1763 was created when the colonists felt they deserved land yet the british porhibited it. American actions and reactions also played a major role in the revolutionary war. the boston tea party occured. this riot was led by Samuel Addams and it was the first act of resistance. another major document was created within this time period. Common Sense was written by Thomas Paine; which is thoguht to be of as one of the most influential phaphlets ever written. it influenced many views of people within that time. also the Continental congress and Second Continental Congress were created. these congresses were created due to the reaction of the Coercive and Quebec Acts. within the Second Continental Congress the Olive Branch was created. Within all of these facts, there has to be a desicion as to which is more legible for the name and who is more relevant. in my opinion, i feel that the American Revolution should be called the American revolution. The economic world was running perfectly until taxes were introduced by the British. once these taxes were created they immediatley needed to be lowered. also the colonists were not revolutionary until they felt they were being treated unequally. Yes, the british actions did cause the revolution, however it was American who took the victory in the war. the old saying Let the victor spoil is put best to use in this revolutionary situation. .