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Taxes in sentence

2462 examples of Taxes in a sentence

“The House Republican plan would cut the top tax rate back to 30% or lower,” he writes, before listing a few “mights”: the bill “might…eliminate the estate tax”; and it “might eliminate tax deductions for state and local taxes, and tax some of the fringe benefits that are currently excluded from taxable income.”
Given that the effort is being led by hard-right Republicans who care more about cutting taxes than holding down deficits, my bet is on the latter outcome – the one Feldstein warned about in the early 1980s.
Second, Macri’s government reduced taxes on commodity exports, which had been important to Kirchner’s administration, and removed a number of import controls.
The currency depreciation, it was assumed, would address external imbalances, by encouraging, with the help of lower export taxes, increased production of tradable goods.
Governments, they believe, are run by crooks, so tie their hands; bureaucrats are beholden to rent-seeking private agents, so ensure non-discretion and apply uniform taxes and incentives; domestic political systems cannot be trusted, so import laws and institutions from abroad; external influences are always more benign than domestic ones, so ensure maximum openness to international trade and investment; reformers have a limited "honeymoon period," so implement reforms fast.
Higher taxes may be justified for other reasons, but are unlikely to solve the problem described.
With larger deficits under Obama than under Romney, America would need more capital from Europe, Latin America, and Asia, while higher taxes and debt would impede US growth and thus undermine these regions’ exports.
While a post-election, lame-duck session of Congress will address the fiscal cliff, the deep differences between Republicans and Democrats on taxes and spending remain wide and difficult to bridge.
They fear, rightly, that sooner or later everyone else will begin demanding that the budget deficit be closed in part by raising taxes on the rich.
One, less likely and less discussed, is that the UK leaves the EU and pursues social and economic policies – for example, concerning corporate taxes – that are deliberately intended to undercut the competitive position of Ireland and other European countries.
Environmental taxes could lead to better air and water quality, even as they raise substantial revenues; congestion taxes would improve quality of life in cities; property and capital-gains taxes would encourage higher investment in productive activities, promoting growth.
In short, if designed correctly, balanced-budget measures – increasing taxes in tandem with expenditures –could provide a large stimulus to the economy.
Could a reduction in government expenditure (or an increase in taxes) lead to such a sharp decline in economic activity that revenues fall and the fiscal position actually deteriorates further?
Rising youth unemployment and cuts in pensions and social expenditures come at a time when many large multinational corporations legally avoid taxes by shifting their profits to favorable jurisdictions.
The last election that was followed by such a sweeping change in policy direction occurred in 1980, when President Ronald Reagan overhauled taxes, spending, and regulation, and supported the Federal Reserve’s course of disinflation.
Former Massachusetts Governor Mitt Romney, the Republican frontrunner to challenge Obama in November, and the party’s other leading candidates, including former House Speaker Newt Gingrich, want less spending, major reforms of government programs, lower taxes, trade expansion, and less and more-targeted regulation than does Obama.
Gingrich and the other Republicans have an even more aggressive agenda of cutting taxes and reducing the size and scope of government.
A Republican presidential victory, together with Republican control of the House and Senate, would likely lead to substantial reduction, repeal, and replacement of many Obama initiatives, attempts to reform taxes and entitlements, and measures to impose greater fiscal discipline.
But, following the election, taxes and spending, trade policy, federalism, regulation, and defense will take a different course – how different depends on who wins – with important implications for America’s fiscal position, external balance, and much else, including its relations with the rest of the world.
My reason is simple: I want competitive taxes that say Britain is open for business to global companies.
At a time when other countries are considering financial transaction taxes, we are abolishing some of these taxes.
Yes, I want competitive taxes, but they must be paid.
A property tax or a local surcharge on personal income taxes would target those who most benefit from urban living.
New legislation will slow the growth of pension benefits substantially, and the Monti government’s increase in taxes on owner-occupied real estate will raise significant revenue without the adverse incentive effects that would occur if rates for personal-income, payroll, or value-added taxes were raised.
Despite cuts in government spending and increases in taxes, the IMF still projects the cyclically adjusted fiscal deficit to exceed 3.2% of GDP in 2013 and 2.3% of GDP in 2015.
When governments think about the difficult task of raising taxes, they usually think about income tax, business taxes, and value-added tax (VAT).
But there are other taxes that can raise significant amounts of revenue with a much less negative impact on the economy.
These are the taxes that governments already levy on electricity and fossil fuels.
Such taxes play a crucial role in cutting the carbon emissions that cause climate change.
Euro for euro, dollar for dollar, yen for yen: energy and carbon taxes have a lower negative impact on a nation’s economy, consumption, and jobs than income tax and VAT.
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