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Taxes in sentence

2462 examples of Taxes in a sentence

And long-term government bond yields are at an historic low, enabling governments to spend more and/or reduce taxes while financing the deficit cheaply.
Germany will spend more on refugees, defense, security, and infrastructure, while reducing taxes moderately.
Others claim that tax evasion creates an unfair advantage for informal firms, or that family-wide health care gives households no incentive to have more than one member pay social-security taxes.
The informal sector is mostly a consequence of the fact that people are disconnected from modern production networks – an inefficiency that will not be resolved simply by reducing the cost of registering a business or forcing small firms to pay taxes.
Yet, while Zuma’s populist appeal reflects South Africa’s especially large differences in economic class, the threat of imposing higher taxes and other obligations on employers and the wealthy has raised fears at home and internationally.
Countries never default because they can’t pay their debts; there are always ways to decrease expenditures or raise taxes.
A cynical observer remarked at the preliminary hearing that by the looks of it the Russian authorities couldn’t make up their mind: either the former Yukos bosses didn’t pay taxes or they embezzled money.
But since when does one pay taxes on embezzled funds?
Dealing with the short- and medium-run deficit would be fairly straightforward: decide how large a share of GDP the federal government should take up, set spending at that level, and set taxes so that the budget is balanced (or so that the debt-to-GDP ratio is not growing) over the business cycle.
It is flawed economically, because carbon taxes will cost a fortune and do little, and it is flawed politically, because negotiations to reduce CO2 emissions will become ever more fraught and divisive.
But, given that few local governments have the authority to levy their own taxes, they have largely turned to real-estate development to generate revenue.
Indeed, as the deadline for raising the debt ceiling neared, Henry Aaron, a distinguished senior fellow at the Brookings Institution, pointed out that the US Constitution requires the president “to spend what Congress has instructed him to spend, to raise only those taxes Congress has authorized him to impose, and to borrow no more than Congress authorizes.”
That is why the tunnels do such a roaring trade, which Hamas taxes to fund its activities.
Why Wealth Taxes Are Not EnoughCAMBRIDGE – Should advanced countries implement wealth taxes as a means of stabilizing and reducing public debt over the medium term?
For starters, the revenue gains from temporary wealth taxes can be very elusive.
After all, most temporary taxes come for lunch and stay for dinner.
Fears of future wealth taxes could discourage entrepreneurship and lower the saving rate.
Wealth taxes that target land and structures are arguably insulated from some of these concerns, and property taxes are relatively underused outside the Anglo-Saxon countries.
In theory, taxing immobile assets is less distortionary, though taxes on structures obviously can discourage both maintenance and new construction.
Another idea is to try to raise more revenue from carbon permits or taxes.
Though such taxes are spectacularly unpopular – perhaps because individuals refuse to admit that the externalities they themselves create are significant – I regard them as an important direction for future policy (and I intend to suggest other ideas along these lines in future columns).
In Europe, officials are also turning to stealth taxes, particularly financial repression, to resolve high public-debt overhangs.
Although the IMF seems particularly enthusiastic about using wealth taxes to resolve debt overhangs in Spain and Italy, some burden sharing with the north seems reasonable.
Still, the IMF is right – on grounds of both fairness and efficiency – to raise the idea of temporary wealth taxes in advanced countries to relieve fiscal distress.
Temporary wealth taxes may well be a part of the answer for countries in fiscal trouble today, and the idea should be taken seriously.
The most serious structural flaws concern high payroll taxes and labor-market regulation, which make it difficult – or at least prohibitively expensive – for firms to reduce their workforce when business conditions worsen.
The OECD reports that in 2010, France’s “tax wedge” (income taxes plus employee and employer social-security contributions minus cash transfers as a percentage of total labor costs) was at least 13 percentage points above the OECD average at every level of household income.
Conceivably, policymakers could raise taxes to offset such declines.
The final reason why negative incentives alone are inadequate to mitigate climate change may be the most irrational: after some years of rising taxes, the public is staunchly opposed to any policy that may increase energy prices, regardless of whether current prices are high or low.
Of course, governments can slash their expenditure and increase taxes to balance their budgets, or at least to embark on a path leading in that direction, as the hotly debated example of Greece has shown.
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