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Taxes in sentence

2462 examples of Taxes in a sentence

But there are still deep political and ideological divisions about how additional revenues should be raised and who should pay higher taxes.
Reducing large regressive tax expenditures like preferential tax rates for capital gains and dividends and deductions for state and local taxes, and replacing deductions with progressive tax credits, could generate enough revenue to finance rate cuts for all taxpayers, increase the tax code’s overall progressivity, and contribute meaningfully to deficit reduction.
If, like Japan in the late 1990’s and the US in 1937, they take the threat of large deficits seriously and raise taxes and cut spending too much too soon, their economies could fall back into recession.
A back-of-the-envelope calculation suggests that paying 500,000 soldiers the current average Russian monthly wage of $700 would cost about $5.6 billion a year (including all taxes and pension contributions).
By signing a pledge not to raise taxes, Tea Party representatives have credibly committed themselves not to acquiesce in any middle-of-the-road compromise.
This does not mean an increase in overall taxation, but simply a substitution in each country of a pollution (carbon) tax for some current taxes.
That would mean higher taxes for all taxpayers, raising tax liabilities in 2011 and 2012 by about $450 billion (1.5% of GDP).
Obama’s recent statement that he favors reforming personal and corporate taxes by lowering rates and broadening the tax base reinforces that impression.
The whole point of his 1940 pamphlet How to Pay for the War was that higher taxes were needed to avoid the kind of inflation Britain had experienced during World War I. Toward the end of World War II, he fretted about the high level of military spending, and was depressed by the loss of power that came with Britain’s large external debts.
Trump’s policies embody mean-spirited priorities that are widely backed by the Republican Party in the US Congress: slash taxes for the rich at the expense of programs to help the poor and working class; increase military spending at the expense of diplomacy; and allow for the destruction of the environment in the name of “deregulation.”
Meanwhile, Trump and the Republican-controlled Congress are trying to rush through legislation that would deprive more than 20 million people of health care, in order to cut taxes for the richest Americans.
Their immoral aim is simple: to cut corporate taxes and deregulate oil and gas, regardless of the consequences for the planet.
Behind the formal structures of a once-functioning democracy is a political system run by corporate interests with the cynical aims of cutting taxes on the rich, selling weapons, and polluting with impunity.
Of course, many of those who don’t believe that immigrants take natives’ jobs still worry that newcomers do not contribute enough in taxes.
Moreover, a high percentage of conservatives say the best way to reduce inequality is to lower taxes on businesses and people.
Georgia simply does not, and cannot, collect sufficient taxes to do the job itself.
The authors, the husband-and-wife team of Chen Guidi and Wu Chuntao, who spent their early years in the countryside, described in detail the imposition of unfair taxes by local officials and the authorities’ rapacious seizure of land farmed by rural residents.
The trade deficit could fall if the import barriers were in the form of trade taxes that lowered the budget deficit (thereby raising government saving) but that effect would work through the budget, not through trade policy per se.
Both the Democratic and Republican parties are practitioners of populism, American-style: they repeatedly cut taxes, increase the public debt (which doubled from 35% of GDP in 2007 to 74% of GDP at the end of 2015), and generally blame somebody else for the slow US growth that arises from low saving and investment rates.
America’s trade and budget imbalances could soon get a lot worse if Trump and congressional Republicans get their way in cutting federal taxes still further.
Opposition legislators wanted electoral reform, but no new taxes; the administration wanted more revenues, but no new election laws.
An alternative minimum tax was established, along with a slight increase in gasoline taxes, but both were so watered down that they barely add up to anything.
Ironically, the answer comes from America, where the financing of unemployment insurance is indeed done through layoff taxes.
Benefits and taxes would be higher in Europe, but America's system indicates that it can be done.
Higher layoff taxes, which force firms to think twice before laying off, would be welcomed by workers, while lighter and more predictable regulation of employment relations would surely be welcomed by firms.
Silicon Valley CEOs say they will not expand in California because of high taxes and burdensome regulation, which make the state uncompetitive.
Only property taxes are below the US average.
Spending is temporarily reduced and taxes raised, but the long-run structural deficit remains, a pattern now repeated in many state capitals and the primary reason for the current political turmoil over budgets and public sector unions.
A healthy democracy cannot have half the population paying taxes and the other half collecting benefits.
Relying on ever-higher taxes to fund payments to an outsized population of benefit recipients is a recipe for exporting prosperity elsewhere.
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