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Question 1: Please respond to BOTH QUESTIIONS on below paragraphs with good insights and adding facts to what the author is saying. 100 words for each question Article Title: "Paid leave credit available for providing leave to employees caring for individuals obtaining or recovering from a COVID-19 immunization" Paid sick and family leave credits' were designed to provide financial reimbursement to qualified employers. An employer qualifies by providing 'paid sick and family leave' to an employee affected by COVID-19. The amount of financial reimbursement received by qualified employers is dependent on the cost of the provided 'paid sick and family leave'. There had previously been a "gray-area" as to what exactly can be deemed an 'affect of COVID-19'. After numerous inquiries, the Internal Revenue Service (IRS) updated their FAQs pertaining to this subject matter. The updated FAQs provides an in-depth description of who/what can be deemed 'affected' by COVID-19. According to updated documentation, if individuals [employees] need to take leave for themselves/a dependent to obtain a COVID-19 vaccination OR to recover from COVID-19 vaccination side effects, they [employer] will receive credit for the leave permitted to the employee. This is also applicable for eligible self-employee individuals. The 'paid sick and family leave credits; were established under the American Rescue Plan Act of 2021 (ARP). The legislation is similar to the 'Families First Coronavirus Response Act (FFCRA)'. The FFCRA is an extension of the Tax Relief Act of 2020, which pertains to the current COVID-19 pandemic. This is where the 'paid sick and family leave credits' stems from as it stated that specific employers would received tax credits for providing the paid leave for situations that qualify under the 'Emergency Paid Sick Leave Act' as well as the 'Emergency Family and Medical Leave Expansion Act'. Originally, this coverage was applicable during the timeframe of April 1, 2020 until March 31, 2021; however, due to recent changes in the pandemic status, the coverage has been extended until September 30, 2021. The purpose of this legislation is to not only provide incentive for employers to be compassionate during the current pandemic, but to assure that the employees have the arsenal to take care of themselves and have a true work-home balance as well. Question 2: Article Title: Sources of Taxation and Kinds of Taxes Taxes are imposed by the federal, state, and local governments in the United States. Furthermore, national, provincial or state, county, and municipal taxes exist in many countries. Taxes may be imposed by regional economic alliances, such as the European Union. The type of taxes are Income tax, Property tax, Value-added tax (VAT), Estate tax, Excise tax, Sales tax, Property taxes are imposed on real property (land and buildings) as well as personal assets such as vehicles and boats by more local governments (state, municipal, provincial, and county). Property values, in theory, indicate wealth (accrued income) and consequently taxability. Income tax is a sort of tax imposed by governments on income made by businesses and persons within their jurisdiction. Governments rely on income taxes to fund their operations. They're used to pay for government obligations, support public services, and give commodities to citizens. For example, Income tax is when 15% of your income is withheld from your paycheck and given to the government to support the military and social welfare programs. A value-added tax (VAT) is paid at every stage of a product's production from the sale of the raw materials to its final purchase by a consumer. The value-added tax (VAT) or goods and services tax (GST) is commonly utilized. It's a consumption tax, but it's not the same as sales tax, which is paid only by the end user, the consumer. The value added to a product is taxed at each stage of production with a VAT or GST. The VAT rate is usually represented as a percentage of the entire price. For example, if a product costs $100 and the VAT is 15%, the customer will pay $115 to the seller. The merchant retains $100 and pays the government $15. The estate tax in the United States is a tax on your right to transfer property to other individuals upon your death, according to the IRS (IRS, n.d.). Estate taxes are frequently levied on the wealthiest people because of their exceptional ability to pay. Estate taxes are often straightforward to collect because death and the subsequent dispersal of property are legally public records. Excise taxes are levied on specific consumer goods including alcohol, cigarettes, automobiles, gasoline, and highway use. A sales tax is a government-imposed consumption tax on the selling of goods and services. For example, when a taxable item with a regular price of $100 is on sale for $80 and the customer has a $5 coupon, sales tax will be applied to the final cash price of $75. The tax would be around $6.19 if the rate was 8.25 percent.