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Taxes in sentence

2462 examples of Taxes in a sentence

Paying the interest requires higher federal taxes or a larger budget deficit.
Federal taxes now take 18.3% of GDP and are projected to remain at that level for the next decade, unless tax rules or rates are changed.
In part, it represents a fundamental – some would say fundamentalist – view that taxes are to government what a bottle of whisky is to an alcoholic.
High taxes and burdensome regulations stifle the labor market and potential new businesses.
While CFLs are more expensive to buy, they are much cheaper over their lifespan, because they use much less energy (even more so with the cost of CO2 factored into taxes on electricity).
As US President in the 1980’s, the conservative icon Ronald Reagan described his approach to fiscal policy as “starve the beast”: cutting taxes will eventually force people to accept less government spending.
The importance of this is highlighted by the fact that the private sector contributes more than 60% of China’s GDP, 50% of its taxes, 70% of its technological and product innovations, and 80% of its jobs, despite accounting for less than 40% of inputs.
When Americans are asked specifically about taxes, the same message emerges; a majority of voters (62%) believe that the US tax system favors the wealthy.
That means paying for it on the public-sector side, via taxes and a reduction in household consumption (and in wealth accumulation).
The US today seems to be moving towards a gentler and more European-style state, with higher taxes and possibly greater regulation.
When the changes create externalities, economic restructuring is required – say, adjustments in taxes and subsidies, regulatory shifts, or property-rights upgrading – to offset the costs and benefits for which the market cannot compensate.
It is superficially about health care and taxes.
So, to the extent that the rich are self-made, and have come out winners in a fair, competitive, and transparent market, society may be better off allowing them to own and manage their wealth, while getting a reasonable share as taxes.
The more, however, that the rich are seen as idle or crooked – as having simply inherited or, worse, gained their wealth nefariously – the more the median voter should be willing to vote for tough regulations and punitive taxes on them.
They are the working rich, and dislike the growing burden of regulations and the prospect of higher taxes.
But core inflation (which excludes energy and food prices) has been above 2% for much of the recovery, and indirect taxes like VAT – imposed to reduce the fiscal deficit – have contributed to upward pressure on prices.
It takes about two days to set up a new business; taxes are low; and ample co-working spaces are available.
At the same time, his government raised taxes, increased social expenditures, and strengthened collective bargaining in a deal with the unions.
At first sight it seems unreasonable, indeed irresponsible, to undermine the all-too difficult task of collecting taxes by taking away the device of automatic withholding.
It is hard enough to collect taxes, so how can societies possibly go back to a world where the tax office has to run after the taxpayer?
Only when the difference between gross and after-tax income becomes painfully obvious will tax payers revolt against the taxes they bear.
Current California Governor Jerry Brown has spent the last eight years cleaning up the fiscal mess the state’s voters created back in 1978, when they passed Proposition 13, lowering property taxes by 57%.
The Greek version of this dilemma, in which no one pays taxes because no one else pays taxes, is particularly stark.
We have pressed ahead on reducing the tax burden by decreasing various rates, particularly on payroll taxes, thereby reducing hiring costs without harming workers’ purchasing power – one reason why Brazil is now one of the world’s few major economies with low unemployment.
We will also seek to finalize the unification of the PIS/Cofins taxes, Brazil’s overly complicated – and much-criticized – federal taxes levied on businesses’ invoicing.
The rich can certainly afford to pay more, but if governments increase taxes on the wealthy, they should do it with the aim of improving opportunities for all, rather than as a punitive measure to rectify an imagined wrong.
As it stands, a lack of confidence in institutions is not only discouraging long-term investment; it is also driving roughly half of Latin America’s small-business owners to operate in the informal economy, thereby avoiding laws and taxes they believe will applied unfairly.
Of course, the issue is broader: If you are a recovering alcoholic, make a pass at someone of the same gender, have a gambling problem, suffer from bipolar illness, or have had a conversation with your accountant about your taxes that skirted what was proper, are you ready to be “outed”?
The growing concentration of wealth – and a significant reduction in taxes on it – has meant less money to spend on investments for the public good, like education and the protection of children.
In order to reduce unemployment and complete much-needed public-works projects, he hired workers and paid them with “work receipts” that could be used to pay local taxes.
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