week 3 discussion 2 RESPONSE e.g.

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Writing

Description

In your responses, review at least one of the articles provided by your peer and expand on their description. Each participation post should be a minimum of 75 words.



Scholarly resources usually come from journals which are similar to popular magazines and newspapers, but instead of being written by journalists who interview experts to publish stories in the popular periodicals journal articles are written by the actual experts in the subject being written about. Scholarly sources are typically peer reviewed, which means they have been reviewed for accuracy by another expert in the subject. Popular articles are usually reviewed by an editor who is looking for style and content, but is not necessarily an expert in every subject he edits. Journal articles also typically have a bibliography detailing the sources used in writing the article, which newspaper and magazine articles do not typically have. Popular periodical articles will sometimes have pictures to help paint a picture of the message that the author is trying to convey, where scholarly journal articles usually back their information up with charts and graphs. Additionally, magazines and newspapers normally have advertising mixed in with the articles, which is how the publisher makes their money, where scholarly journals do not generate income through advertising. Scholarly journal articles typically have and abstract, or summary section, introduction, methods & materials section, results section, a discussion section, and a reference or bibliography section in their articles that newspaper articles do not have.

On the topic of tax havens James Hines (2010) wrote a journal article that discussed the in working of tax haven countries. Some of the topic he discussed were why tax shelters were used, how corporations in high-tax countries used financial institutions in low-tax countries to shelter their income from taxation in foreign countries that they invest in. He also talked about the economic impact of the tax haven countries on the nation that the investments are coming from, high-tax countries the money is being invested in, as well as the intermediary tax haven country themselves. This article appears to be fairly unbiased, presenting the facts of which countries are structure to make them tax havens, which countries have individuals and corporations that take advantage of these havens, and how much money is held by the havens, and by the different contributing countries. It does not take a position of whether these havens are right or wrong, rather it focuses on the technical aspects of funneling money through them, and what the positive and negative implications are with regard to all three parties in the exchange.

An article in The New York Times written by Michael Forsythe (2017) describes some leaked papers that lists a few companies and individuals that are taking advantage of tax havens in the Caribbean and Europe, and the ties that those people have to the Russian government, Silicon Valley corporations, and political candidates. This article is written as an expose with the fact centered around who invested in what, and sheltered their money from taxes, as well as who used their influence to promote their political agenda in the United States. Instead of talking about the experts that reviewed their findings the article details a few of the other journalistic firms that were investigating the leaked papers.

The scholarly journal article has several clues that it is more reputable than the New York Time article including the credentials of the writer, details of the money being deposited by whom, and then lists the specific source of this data where the times article does not detail what information comes from which paper. The scholarly article lists all of the resources individually that were used to write it, where the Times article only references the collection of leaked papers. The journal article has a conclusion section where they recap the article and point out the positive and negative aspects of these tax havens, why they exist, and some possible suggestion to curb their need. Finally, the journal lists the people who reviewed the article, and offered corrections to its final version, as well as the authors research assistants. The Times article gives no conclusion, and really no final opinion, but leaves the reader thinking about the scandalous story portrayed in the article. .

References

Forsythe, M. (2017, November 05). Millions of Leaked Files Shine Light on Where the Elite Hide Their Money. The New York Times [Online Addition]. Retrieved November 07, 2017, from https://www.nytimes.com/2017/11/05/world/paradise-...

Hines, James R., Jr. (2010). Treasure islands. The Journal of Economic Perspectives, 24(4), 103-126. doi:http://dx.doi.org/10.1257/jep.24.4.103

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Explanation & Answer

Attached.

Scholarly resources from the periodical journal articles have distinct differences from the popular
magazines and newspapers which are available on daily basis. The periodicals have informed reviewed
by people who have technical expertise from the field, have bibliography, back information with charts
and graphs and lack advertisement part as seen in popular. Ideally, periodical have sole aim of
enhancing knowledge in a particular field of study unlike popular which has mixed information since the
author works with aim of ...


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