Debts in example sentence
If a future taxpayer is to pay more in net taxes (taxes minus transfers) than a current newborn in order to receive the same level of public goods, then the current generation is not paying for its own consumption but is, instead, imposing debts on its own children and grandchildren.
More example sentences with word debts
Now, I'm sure you all keep a copy of the goals under your pillow, or by the bedside table, but just in case you don't, and your memory needs some jogging, the deal agreed then goes like this: developing countries promised to at least halve extreme poverty, hunger and deaths from disease, alongside some other targets, by 2015, and developed nations promised to help them get that done by dropping debts, increasing smart aid, and trade reform. All example sentences