Taxes
in sentence
2462 examples of Taxes in a sentence
Europe must reduce the deadweight of debt and
taxes.
By reducing primary expenses, then reducing
taxes.
Ireland, the European country with the highest rate of growth is also the one that most reduced its deficit and public debt by cutting expenditures and
taxes.
Public infrastructure investments displace private investments and the
taxes
necessary to finance them introduce further distortions in demand.
Increases in income
taxes
imply that unions demand higher gross salaries in order to compensate for the fall in net salaries due to tax increases.
Therefore income taxes, in part, impact the cost of labor, contributing to high unemployment.
But unemployment is high because of
taxes
and excessive protection for those employed, which prevents the market from creating new employment opportunities.
One road is where the ECB digs in its heels on price stability and politicians forget about fiscal discipline and the fact that a market economy cannot work with half of GDP absorbed by
taxes.
The other road reduces the fiscal burden of the social state, reinvigorating the economy by reducing
taxes
and providing the employed not with social protection but with more assurance of finding another job if they lose their current one.
Over time – but this could take years – consumers could invest in alternative energy sources and reduce demand for fossil fuels via carbon
taxes
and new technologies.
For much of the post-World War II period, until the 2000s, strong GDP and employment growth in the advanced economies meant that almost all households experienced rising incomes, both before and after
taxes
and transfers.
Sometimes initiatives have created ongoing challenges for elected leaders, as has been the case with California’s Proposition 13, which capped state property
taxes
when it passed in 1978.
And, though the issue raises obvious questions of justice and efficiency – poor countries, having invested large sums in education, now produce graduates who take jobs and pay
taxes
abroad – Europe has provided little in the way of an effective response.
Too many people are collecting benefits relative to those working and paying
taxes.
In order to survive international tax competition – and thus be able to rely on corporate
taxes
as a source of revenue – Japan’s corporate-tax rate should be lowered in the long run.
The most comprehensive economic meta-study shows that total future climate impacts would justify a tax of around €0.01 per liter of petrol ($0.06 per gallon in the United States) – an amount dwarfed by the
taxes
already imposed by most European countries.
The Commission believes that over the next four decades, fossil-fuel costs will climb sharply, because sources will dry up and governments will place massive
taxes
on fossil fuels.
By the same token, the prediction that governments will impose massive carbon
taxes
has little basis in reality.
Breakthroughs do not result automatically from a combination of
taxes
on fossil fuels and subsidies for present-day green energy: despite the massive outlays associated with the Kyoto Protocol, participating countries’ investment in R&D as a percentage of GDP did not increase.
If, instead, the US faces a fiscal slope, then people who refuse to consider raising
taxes
– namely, Republicans in the US Congress’s House of Representatives – have a very weak hand indeed.
Or do they embrace a deal that cuts
taxes
and tax rates relative to where they would be otherwise?
Ireland’s projected budget for 2001 foresees a slight reduction in public expenditures, from 31% to 30.8% of GDP, and a simultaneous reduction of
taxes
by about .6% of GDP.
Of course, Ireland’s decision to cut
taxes
because of the huge surplus its robust economy has generated may have had electoral, rather than economic, motivations.
The Commission, for example, is particularly opposed to the Irish policy of reducing indirect
taxes
rather than social contributions, because the latter are supposedly more inflationary.
Under the Russian system, most
taxes
are centrally collected, so governors need good relations with federal authorities so as to maintain access to the ever-shrinking federal pie.
A short-term stimulus would not have bestowed the largest benefits upon the most affluent, whose spending is less sensitive to
taxes.
Worse still, high levels of public debt, like high taxes, cause serious problems for economic performance.
The direct impact is obvious: a government that cannot borrow will have to cut spending or raise taxes, with contractionary consequences.
Between now and the midterms, they can brag about cutting
taxes
on most households.
Moreover, the final legislation will likely lower the federal deduction for mortgage interest and eliminate deductibility for state and local
taxes.
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