Taxes
in sentence
2462 examples of Taxes in a sentence
In Germany we have reached an intervention status that can be easily expressed by the fact that 50% plus of GDP in Germany is controlled directly or indirectly by the state: 30% through the collective social security distribution systems, and about 23% through direct
taxes.
There would be more reason to reduce
taxes
in Norway, for example, than in Latin America, where the general course would be to increase spending.
Saudi Arabia, for example, is raising taxes, cutting domestic subsidies, and shifting its foreign-aid paradigm away from grants and toward investments.
Migrant remittances exceed the value of all overseas development aid combined, to say nothing of the
taxes
that migrants pay, the investments they make, and the trade they stimulate.
Until then, income
taxes
had been used only sporadically to raise funds for wars.
Many are imposing emergency measures like export
taxes
or bans, which help their own citizens, but at the expense of those elsewhere.
Many evade or reject paying taxes, in part by appealing for compassion towards the poor.
The IMF also reckons that the advanced countries must cut spending or increase
taxes
by nine percentage points of GDP on average over the current decade, in order to bring the public-debt ratio to 60% of GDP by 2030.
Aspiring fiscal conservatives around the world thus might be interested in learning four tricks that American politicians commonly use when promising to cut
taxes
while simultaneously reducing budget deficits.
Hubbard and Mankiw advised former President George W. Bush in his first term, when he cut
taxes
and transformed a record surplus into a record deficit.
They will also face few incentives to put in place a properly functioning system to collect
taxes.
The weakened connection between public services and
taxes
not only makes it easier for officials to cling to power, but also increases the scope for corruption and inefficiency.
She understood that the German public would not tolerate its
taxes
being spent on Europe.
But, in order to prepare for a scaling up of energy cropping, new policies must be implemented, both in northern and southern countries, in terms of agriculture, land and water management, protection of biodiversity, fuel taxes, and information and awareness-raising.
If Trump cuts
taxes
and manages to enact a massive infrastructure program, America’s budget deficits will rise, perhaps dramatically.
As I have argued before, the endgame to the financial bailouts and fiscal expansion will almost certainly mean higher interest rates, higher taxes, and, quite possibly, inflation.
Her recent statement that she feels no sympathy for the suffering Greeks, because they should have paid their taxes, has been widely criticized for being not just unfeeling, but hypocritical (as a diplomat she pays no
taxes
herself).
It is not only film actors like Gérard Depardieu who are leaving the country to escape its high taxes; industry is fleeing as well.
A meaningful effort to influence the currency’s level requires determination to adjust financial
taxes
and complementary policies until they show their effects.
Strauss-Kahn’s response that
taxes
on capital flows are costly and ineffective is therefore unfortunate.
If, on the other hand, market participants do bear significant costs – either because of the
taxes
they pay or because of the expenses they incur to evade them – the controls will be effective in restraining inflows.
The IMF’s reaction to Brazil’s financial
taxes
reflects how ingrained finance fetishism has become, and how difficult it is to reintroduce some balance in the debate on capital flows – even in the aftermath of the greatest financial crisis the world has experienced since the Great Depression.
Many at the bottom, or even in the middle, are not living up to their potential, because the rich, needing few public services and worried that a strong government might redistribute income, use their political influence to cut
taxes
and curtail government spending.
Governments, for their part, will come out of the crisis more heavily indebted, which implies higher future taxes, less investment, and hence slower rates of growth.
But the long-term trends identified – a rise in capital owners’ share of income and the concentration of “primary income” (before
taxes
and transfers) at the very top of the distribution in the United States and other major economies – remain unchallenged.
Welfare states are defined by the principle that those who enjoy above-average income pay more
taxes
and contributions than what they get back in the form of public services, while those with below-average earnings pay less than they receive.
In reality, more people earning, consuming, and paying
taxes
leads to more economic growth.
First, front-loaded fiscal austerity – however necessary – is accelerating the contraction, as higher
taxes
and lower government spending and transfer payments reduce disposable income and aggregate demand.
A second economic argument is that immigration will rejuvenate the labor force and stabilize public finances, because young, imported workers will generate the
taxes
required to support a rising number of pensioners.
Government can either spend more money itself, or try to stimulate private spending by cutting
taxes
or lowering interest rates.
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