The Affirmative Action Model Imposes Obligations on Employers to Positively

question 21

Essay

The affirmative action model imposes obligations on employers to positively discriminate in favour of some categories of employees who have historically suffered discrimination. Why is this positive discrimination considered to be 'special measures' rather than discrimination, and how are they important?

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Definitions:

Equity-financed

Equity-financed refers to funding a business or project through selling ownership interests (shares) in the company rather than borrowing through debt.

Marginal Tax Bracket

The tax rate that applies to the last dollar of the taxpayer's income, illustrating the percentage of tax applied to your income for each tax bracket in which you qualify.

Net Operating Losses

Losses incurred when a company's operating expenses exceed its revenues, which can often be carried forward or backward to reduce future or past taxable income.

Interest Tax Savings

The reduction in income tax that results from the deductibility of interest payments on certain types of loans, such as mortgages.