Taxes
in sentence
2462 examples of Taxes in a sentence
Indeed, lower
taxes
are vital to increase foreign and domestic investment in Japan.
The private sector was not spared with mining companies being accused of under paying their
taxes.
Higher
taxes
and greater regulation cannot be good for growth.
Such a policy should include lower business taxes, more funding for basic research and development, higher investment in talent development, and federal support for a series of “moonshot” programs in areas like biodefense systems, threat detection networks, and a distributed electric grid.
Lower public spending reduces aggregate demand, while declining transfers and higher
taxes
reduce disposable income and thus private consumption.
Surely, they should want to do more than use the current economic upswing to provide piddling handouts to various constituencies (except those paying the most in taxes, of course).
As if that were not bad enough, Germany’s new government is promising to raise
taxes.
This means, above all, that the much-vaunted middle classes are being asked--or soon will be asked--to contribute more toward the costs of these services, either by higher
taxes
or through privatisation of the financial burdens.
Within a country, the problem is overcome by providing governments with the coercive capacity to collect taxes, redistribute public goods, and mediate conflicts between citizens.
Conservatives insist that growth requires low
taxes
and incentives such as flexible labor markets to encourage entrepreneurship.
These economists argue that labor markets with few restrictions on hiring and firing, low
taxes
on entrepreneurship, and generous incentives for innovation are compatible with a relatively equal income distribution, high social spending by government, and equalizing social policies such as universal free education.
But in the US, it is far more difficult, politically, to argue for generous public spending on education, health care, and financial security for retirees, because doing so always raises the specter of high
taxes.
But even if the US approached this efficiency – a difficult feat in such a large and diverse country – social solidarity still would demand high effective taxes, as it does in Denmark and Sweden.
In September, Portugal planned to pursue a form of “internal devaluation,” by cutting payroll
taxes
and increasing the VAT; this has now been shelved, presumably because it is politically unworkable.
In the UK, immigrants generate more in
taxes
than they draw in benefits.
All of the main capitalist economies have severe budget problems; all need to cut spending or raise
taxes.
Instinctively the Left is more willing to raise taxes, and less likely to cut
taxes
irresponsibly in the manner of American Republicans.
Scotland, for example, may not want a bigger or smaller government than it has now, but it wants a different mix of
taxes
and spending.
To counter this deficit bias, federations in which states do much of the spending and the central government raises most of the
taxes
typically impose balanced-budget rules on subnational governments.
Simple redistribution of income through
taxes
and transfers is far more direct and more potent, and would certainly serve to expand aggregate demand.
And the cure for that maldistribution does not lie just in the sizeable wealth
taxes
that Piketty advocates.
The authors compare the Gini coefficient (a commonly used 100-point index of inequality, with zero signifying perfect equality and 100 indicating perfect inequality) before and after government
taxes
and transfers.
After all, the overall real taxation level in China is already quite high, which means that doubling social spending from the current level without raising
taxes
further would require severe cuts in expenditures that chiefly benefit the ruling elites.
More important, Padoan has started to implement fiscal stimulus by cutting
taxes
and maintaining public spending plans, in defiance of German and EU Commission demands to tighten his budget.
New data from a World Bank study that compares farm policies around the world since 1955 shows for the first time just how far today’s African governments have gone to reduce the cost to farmers of the export taxes, marketing boards, and other interventions imposed by previous regimes (www.worldbank.org/agdistortions).
According to this oft-repeated fallacy, governments can raise money by issuing bonds, but, because bonds are loans, they will eventually have to be repaid, which can be done only by raising
taxes.
The more the government borrows to pay for its spending today, the more the public saves to pay future taxes, canceling out any stimulatory effect of the extra borrowing.
The increased government revenue that this generates (plus the decreased spending on the unemployed) pays for the extra borrowing without having to raise
taxes.
The government must then raise
taxes
– and the fallacy becomes a self-fulfilling prophecy.
When a Republican politician compares US property
taxes
with the Holocaust, as one Senate candidate did in 2014, the mass murder of Jews is trivialized to the extent of becoming meaningless.
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