Taxes
in sentence
2462 examples of Taxes in a sentence
By 2015, according to this logic, politicians will have done nothing to raise
taxes
and very little to cut expenditure, so the US will still have a budget deficit of around $1 trillion, and will finance a substantial portion of it by selling government bonds to foreigners.
American voters traditionally have favored smaller government and lower
taxes
than Europeans have favored (or at least tolerated).
Indeed, because the sum of all future tax revenues (discounted to today) must cover the sum of all future spending plus the national debt, the only way to keep
taxes
relatively low is to control spending.
Just as Democrats have long championed more government spending, and more benefits for more people, either on ideological grounds or as a political coalition-building strategy, so Republicans have regarded the goal of lowering
taxes.
So, not surprisingly, Republicans are using the vote on the debt ceiling to force cuts in entitlement spending, while Obama and Congressional Democrats are using it to force higher taxes, in part to fracture their opponents’ coalition.
Right wing white politicians, predisposed against
taxes
and redistribution, use the race issue to secure the votes of poor whites, who otherwise might vote differently on purely economic grounds.
It will not be long before even Europe's more respectable conservative parties reach for rhetoric about "foreigners coming here to feast off of our taxes."
The step from here to lamenting the high
taxes
spent on welfare for immigrants is a but a short one.
They want less government, lower taxes, and a smaller deficit, a combination to be achieved seemingly without pain.
This nonsense on stilts is articulated by some zany candidates who enjoy the support of the Tea Party, a reference not to the Mad Hatter in Alice in Wonderland, which would be fitting, but to the Bostonians who rebelled against colonial Britain’s imposition of
taxes
in the eighteenth century.
Despite this, Gazprom’s holding company appears to be rolling in cash while its production subsidiaries mostly appear bankrupt and never pay their
taxes
in full.
As a minister I once put pressure on Gazprom over
taxes
and was summoned to parliament by indignant deputies.
Cao explained that his recent $600 million investment to establish a US manufacturing branch for his company, Fuyao Glass Industry Group, was driven largely by China’s high taxes, which Cao claims are 35% higher for manufacturers in China than in the US.
One reason for this perception may be that China collects more
taxes
from producers, and less from consumers, than most developed economies.
According to Li Wanfu, Director of the Tax Research Institute under China’s State Administration of Taxation, more than 90% of all
taxes
and fees are paid by Chinese enterprises, while less than 10% are paid by individuals.
In Western countries, personal-income tax and social-insurance payroll
taxes
constitute a higher share of total tax revenues.
The total
taxes
paid accounted for 14.7% of the company’s total income, or 1.18 times its net profit.
Taxes, duties, and fees for businesses must be lowered, as should the share of social insurance paid by firms for their employees in China.
Europe, for its part, could agree not to shoot its recovery in the foot with ill-timed new
taxes
such as those that Germany is currently contemplating.
As for the US, a sharp hike in energy
taxes
on gasoline and other fossil fuels would not only help improve the government’s balance sheet, but it would also be a way to start addressing global warming.
If the private sector believes that
taxes
will have to rise to pay for government borrowing, according to this view, people will increase their savings to pay the higher taxes, thus destroying any stimulative effect.
This would eliminate the offsetting negative expectation of higher
taxes.
Carbon
Taxes
at the BarricadesLONDON – For governments everywhere, the shadow of the gilets jaunes (“yellow vests”), whose protests wracked France for several Saturdays before Christmas, now looms over policies to combat climate change.
Among the multiple demands of this bottom-up and disparate street movement is a call for higher
taxes
on aviation fuel rather than on diesel.
Macron’s policy was a perfect example of how not to impose higher carbon
taxes.
The policy combined a gradual increase in
taxes
on both gasoline and diesel with additional short-term increases in diesel tax to reflect adverse local pollution effects.
To the protesters, these seemed to be policies imposed by an out-of-touch metropolitan elite, many of whose members had recently received a large cut in wealth taxes, which was introduced following business leaders’ successful lobbying of the finance minister at a conference held alongside the Aix-en-Provence Opera Festival.
Far greater auto fuel efficiency in Europe than the US reflects much higher gasoline and diesel
taxes.
First, to make carbon
taxes
popular, their economic benefits must be visible to all citizens.
A large share of any further increase in gasoline or diesel taxes, or of the revenues derived from economy-wide carbon prices, could be used to fund a “carbon dividend.”
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