Monday, October 21, 2019

How the Government effect jobs. essays

How the Government effect jobs. essays The Federal government affects my parents employers business more than any other level of government. My dad works for a small research company call Stolle Milk Biologics. The first way it is affected is with taxes. The business has to pay taxes on many things. For Instance, property taxes, social security and many others like importing and exporting products to Asia. They also have to pay for workers compensation in case someone gets hurt on the job. The federal government also monitors what type of things they study. They could study dangerous viruses or use dangerous chemicals and the government must be notified. They have to request the things they want to study from the government. There are also safety regulations from the United States Department of Agriculture and the Food and Drug Administration because their new product is a great tasting soymilk called Nuvem. They also apply for patents for material they create from the US government in order to not allow other com panies to copy them. When my dads company needs money for research they apply for United States grants. This is money that is given to a company for the purpose of research. If my dads company ever needs to transport toxic, dangerous, or hazardous waste there are strict regulations on how they can remove it. The Drug Enforcement Agency has to be contacted whenever my dads company works with any regulated drugs and alcohol. Thats who they contact to get the substances and it is watched carefully how it is used. It has to be locked up at all times. My dads company is new so it is still a privately sold stock. So it has to follow regulations put down by the Security exchange commission on selling its stock. They also are forced to keep good accounting practices so they wont be audited. They also need to follow rules for 401k-retirement account, which the company matches each employees investment. My moms work, General Ele...

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