Identify the various taxes governments utilize to fund the public sector and the impact of those taxes on both the producer and the consumer.

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According to the reading in this unit, there have been some noted differences among private sector and public sector labor relations. Discuss in detail how public employees' rights generally differ from those of private sector employees. Discuss the right to strike and its impact on private and public employees. Identify and explain some of the challenges of public sector collective bargaining.

Response should be at least 400 words in length. References Cited.

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Revenue Streams for Public Organizations

As noted in the readings, taxes and user fees provide much of the revenue for public organizations that is necessary to fund public programs. Yet, despite these revenue streams, local, state, and federal governments consistently face budgetary shortfalls in attempting to fund public programs. What changes, if any, would you make to the way governments obtain revenue for public programs? Consider the following questions: would you make any changes to individual and corporate income tax rates, property taxes, or sales taxes? Would you increase or decrease user fees? Do you think that a flat tax might be a more appropriate way to generate revenue? Would a national sales tax (not to be confused with state sales taxes) be a sensible method to raise revenue?

Governments often need to raise revenues to fund public projects like schools, road maintenance, parks,etc. One way governments raise revenue is to place taxes on the sale of certain goods. Suppose a government is debating whether to raise taxes on the sale of alcoholic beverages (beer, wine and liquor) vs raising tax on hotel rooms. As an economist, you are being asked to weigh in on the debate and answer the question "Which tax will raise more revenue for the government, and why?" Using what you know about elasticities, how would you answer this question?