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Wealth in sentence

3143 examples of Wealth in a sentence

If nominal interest rates are lower than the real return on investment – associated with GDP growth – the result is financial repression and increased income and wealth inequality.
As a result, Qatar now rivals Saudi Arabia – another Wahhabi state with enormous resource wealth – in exporting Islamist extremism.
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?
The IMF calculates that a one-time 10% wealth levy, if introduced quickly and unexpectedly, could return many European countries to pre-crisis public debt/GDP ratios.
The moral case for a wealth tax is more compelling than usual today, with unemployment still at recession levels, and with deep economic inequality straining social norms.
And, if it were really possible to ensure that the wealth levy would be temporary, such a tax would, in principle, be much less distortionary than imposing higher marginal tax rates on income.
Unfortunately, while a wealth tax may be a sound way to help a country dig out of a deep fiscal pit, it is hardly a panacea.
For starters, the revenue gains from temporary wealth taxes can be very elusive.
Italy’s armada of Guardia di Finanza boats would hardly forestall a massive exodus of wealth if Italians see a sizable wealth tax coming.
The distortionary effects of a wealth levy would also be exacerbated by concerns that the “temporary” levy would not be a one-off tax.
Fears of future wealth taxes could discourage entrepreneurship and lower the saving rate.
In addition, the administrative difficulties of instituting a comprehensive wealth tax are formidable, raising questions about fairness.
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.
Unfortunately, arguing over burden sharing creates more scope for delay, potentially undermining the efficacy of any wealth tax that might finally be instituted.
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.
And the city’s incoming mayor, Bill de Blasio, is championing a bold program of educational innovations to narrow the vast gaps in income, wealth, and opportunity that divide the city.
People older than 65 may sometimes be affected by cognitive decline, but they often have useful skills and a wealth of experience.
That is why everything possible must be done to enable France to create more and better wealth.
At the same time, it will demonstrate its capacity to eliminate drags on creativity and wealth creation.
To create more wealth in an open economy is one of my government’s priorities.
But more wealth alone will not cure France’s ills.
In a globalized world, global challenges largely require global responses, which are impossible if a country of China’s size and population and wealth does not participate.
The committee must enact a new hydrocarbon law that guarantees each of Iraq’s factions a fair share of the country’s oil wealth, which accounts for 97% of total export revenue.
But the central government will need a large share of that income if it is to finance the construction of new institutions of governance, invest in critical infrastructure, undertake onerous reforms aimed at economic liberalization, and provide the resource-poor (and already restive) Sunnis of central Iraq with a greater share of the country’s wealth.
In the developing world, sustained wealth creation and public-health advances have increased average life expectancy by 20 years since the mid-1970s, and adult illiteracy has been nearly halved in the last 30 years.
This would enable workers to weather the transition to the jobs of the future and allow the economy to benefit from new waves of wealth and value-generating creative destruction.
Some ultra-wealthy individuals, such as Charles and David Koch, who control the second-largest privately owned company in the US, really do use their wealth in opaque and subversive ways.
Pires retired from office without even a house to his name; he worked for the people, not to amass personal wealth.
What matters for the amount of labor supplied is the after-tax wage rate relative to income from wealth.
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