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Taxpayers in sentence

648 examples of Taxpayers in a sentence

Spain recently imposed a new wealth tax on high-net-worth taxpayers.
The ECB’s decisions lead to a massive redistribution of wealth and risk among the eurozone’s member states, as well as from stable countries’ taxpayers, who have little stake in the crisis, to global investors directly affected by it.
The desirability of generous public pensions, on the other hand, cannot be dissociated from their cost to taxpayers.
For taxpayers, the lifetime return on investment is better than six to one.
This would place the financial burden squarely on the shoulders of future taxpayers, which would not enhance consumer confidence.
Worse, QE is likely to cost taxpayers a bundle, while impairing the Fed’s effectiveness for years to come.
But Germany is skeptical of what it sees as a “transfer union,” in which its taxpayers would hand over cash to profligate countries that have failed to remodel their economies along German lines.
Taxpayers, rather than willing investors, are forced to become the final bearers of risk.
That means that when the risks materialize and the firms suffer losses, the costs fall on taxpayers.
To be sure, developing countries would prefer that developed-country taxpayers foot the climate bill, given their countries’ disproportionate contributions to global warming.
But in northern Europeans’ (quite reasonable) view, insurance after an accident has occurred (think of non-performing loans) is a form of redistribution that shifts the burden to innocent bystanders (in this case, northern taxpayers).
German officials greet every French government proposal by mentally computing its cost for German taxpayers.
Nevertheless, China helped the US to achieve a higher standard of living by making money available to government authorities that would otherwise have had to come from American taxpayers.
The Great Greek Bank RobberyATHENS – Since 2008, bank bailouts have entailed a significant transfer of private losses to taxpayers in Europe and the United States.
In 2012, the insolvent Greek state borrowed €41 billion ($45 billion, or 22% of Greece’s shrinking national income) from European taxpayers to recapitalize the country’s insolvent commercial banks.
To make the new shares attractive to private investors, Greece’s “troika” of official creditors (the International Monetary Fund, European Central Bank, and the European Commission) approved offering them at a remarkable 80% discount on the prices that the HFSF, on behalf of European taxpayers, had paid a few months earlier.
Crucially, the HFSF was prevented from participating, imposing upon taxpayers a massive dilution of their equity stake.
Sensing potential gains at taxpayers’ expense, foreign hedge funds rushed in to take advantage.
As if to prove that it understood the impropriety involved, the Troika compelled Greece’s government to immunize the HFSF board members from criminal prosecution for not participating in the new share offer and for the resulting disappearance of half of the taxpayers’ €41 billion capital injection.
Taxpayers contributed another €6 billion, through the HFSF, but were again prevented from purchasing the shares offered to private investors.
Never before have taxpayers contributed so much to so few for so little.
But banks are regulated and supervised nationally – as they must be, because any rescue in the event of a large bank failure becomes a fiscal issue, with the cost borne by taxpayers in individual states rather than by the EU as a whole.
But, though the Venetians’ desire to secede from the poorer South might sound familiar to other regions in Europe where taxpayers feel aggrieved at subsidizing other, allegedly feckless, regions, the politics of secession can be taken to absurd extremes.
European taxpayers would effectively take over the Greek banking system, but this would be partial compensation for the losses imposed on creditors by drachmatization.
The vultures showed no scruples in profiting at the expense of Argentine taxpayers.
Higher leverage allows bankers to earn more money, but it can easily become excessive for shareholders – because it makes the banks more vulnerable to collapse – and it is terrible for taxpayers and all citizens, as they face massive downside costs.
That loophole allowed his former friends and colleagues on Wall Street to pay themselves billion-dollar bonuses while keeping those firms afloat with taxpayers’ money.
Western taxpayers are incensed that good money has been thrown after bad to bail out large banks and save the eurozone, which irresponsible countries have brought to its knees.
To do otherwise is to squander the trust and resources of children, families, taxpayers, and educators.
The logic behind the separation was absolutely clear: banks whose deposits were insured by the taxpayers should not be allowed to speculate with their depositors’ money.
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