Revenues
in sentence
1273 examples of Revenues in a sentence
Such a tax would not only sustain the price signals needed to steer societies onto a more sustainable energy path; it would also provide
revenues
that could be channeled toward employment creation and long-term green investments, thereby leveraging private capital.
The budget deficit is now the largest in the EU, and public debt has ballooned, as the government has struggled to compensate for the steep drop in
revenues.
The state financed their purchases and investment projects with seemingly inexhaustible oil
revenues.
Dual-track pricing provided market incentives at the margin without undermining the fiscal
revenues.
Tax
revenues
funded building and maintenance, while the private sector was involved at some point in the construction phase.
Financing by the central government through tax
revenues
might be unfair to those who never use such infrastructure, or do not directly benefit from it because they live in other areas.
Indeed, Lin’s story, it should be remembered, grew out of a huge labor dispute between the NBA’s billionaire owners and its millionaire players over division of the league’s nearly $4 billion in annual
revenues
– more than many countries’ national income.
The Greek state has thus been offered easy repayments until 2033 in exchange for continuing harsh austerity ad infinitum (a primary budget surplus target of 3.5% of national income until 2022, and 2.2% during 2023-2060); impossible annual debt repayments from 2033 to 2060 (around 60% of the state’s tax revenues); and a debt-to-national income ratio above 230% by 2060 if the next global recession puts the plan’s over-ambitious growth targets out of reach, as it surely will.
Most major countries’ fiscal deficits nowadays reflect the recent collapse of tax
revenues
that followed the growth downturn, as well as very costly financial-sector bailouts.
Thanks to large fields of recoverable natural gas located offshore, Burma now earns substantial foreign exchange
revenues.
At present, most of these
revenues
($1-1.5 billion per year, depending on price fluctuations) come from Thailand.
Alas, almost none of Burma’s gas
revenues
actually feed into its budget, owing to a rather ingenious device employed by the Burmese junta.
On the revenue side, the degree to which federal taxation absorbs shocks at the state level cannot be very large for the simple reason that the main source of federal
revenues
that does react to the business cycle, the federal income tax, accounts for less than 10% of GDP.
The low sensitivity of both federal expenditure and federal
revenues
to local business-cycle conditions explains why only a small fraction (estimated at about 10-15 %) of any shock to the GDP of any individual state is absorbed via automatic transfers to and from the US federal budget.
The higher the growth rate, the more
revenues
the government will collect without raising tax rates; and higher
revenues
enable smaller deficits.
Unless more deficit reduction, which is inevitable, comes from curbing entitlement benefits and increasing revenues, and less from programs vital for economic growth, the result will be a poorer, weaker US – and a more uncertain, if not unstable, world.
Broadening the tax base, improving tax administration, and closing gaps in the value-added tax could make a significant difference in lower-income countries, where tax
revenues
account for only about 10-14% of GDP, compared to 20-30% of GDP in high-income countries.
With improved corporate and public governance and clear transfer-pricing policies, resource-rich countries could shore up their capacity to negotiate fair contracts with extractive industries, balance
revenues
and expenditures over time, and manage their natural endowments more transparently.
Absent new business and new revenues, the Fund was facing dire cutbacks to ensure its own survival.
To resolve it, the government has announced fiscal reforms to split
revenues
between central and local governments and enable local governments to issue long-term municipal bonds.
Far from helping to control Japan’s budget deficit and huge public debt, the tax hike probably would have reduced
revenues.
The problem, of course, lies in sluggish economic growth, which undermines wage growth, weakens tax revenues, and makes it impossible for governments to pay down their debts.
Such spending could even help get tax
revenues
growing, by pushing employment and wages higher.
For example, as their tax
revenues
plummet, state and local governments are in the process of cutting back their expenditures.
It is true that income from oil and gas, which represents the bulk of government revenues, has been halved when measured in dollars.
In Venezuela, where oil represents 95% of export revenues, voters naturally turned on the ruling Socialist Party.
Local officials used growing
revenues
during the boom to fund pet projects or boost pay and benefits, with little regard to future costs.
In the downturn,
revenues
and subsidies from the central government collapsed and the bills came due.
The state income tax is not only uncompetitively high, but the
revenues
are volatile.
In the economic and stock-market upswing,
revenues
roll in far more rapidly than incomes rise, owing to the extremely progressive income tax (in good years, the top 1% pays about half the state’s income taxes).
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