Sentences with phrase «as consumption taxes»

Because if we take the latter approach, we are in fact achieving an economic outcome that governments have long tried to achieve: to shift taxation away from income taxes towards other forms of revenue such as consumption taxes.

Challenges that the nuclear fuel tax — which amounted to $ 1.5 billion by January 2013 within two years — could not qualify as a consumption tax were granted by the Hamburg Tax Court in September 2011, leading to refunds of $ 74 million for E.ON and $ 96 million for RWE.

Not exact matches

A FAIR tax, as opposed to a flat tax, taxes consumer retail consumption.

Additionally, since a BAT is a tax on consumption in the US, it would be difficult to have it target one country, such as Mexico.

Such a tax system would place the greater burden of tax rising on consumption taxes such as the HST, and reduce the burden on income taxes.

«As we all know, the GST / HST is a broad - based tax on consumption in Canada, and it's calculated on the final amount charged for a good or service,» said Daniel Lauzon.

It said the synergies would exceed additional costs to the business as a result of new point of consumption taxes on bets being introduced across most states in Australia.

Finally, if zero corporate tax helps the economy, surely zero individual tax would as well, because of the aid it would give to consumption and saving, both of which are components of the GDP.

In the United States, most consumption taxes are levied by states and local governments (as retail sales taxes), although the federal government does levy some selective consumption taxes, called «excise taxes,» on items such as alcohol, tobacco products, and gasoline.

The U.S. financial sector found this appealing as long as consumption was financed by running into debt, not by workers earning more money or paying lower taxes.

As Tokyo's policy authorities recognized the risks, they have delayed the proposed consumption tax hike, adopted new structural reforms and a negative interest policy.

While a VAT, as a tax on consumption, would encourage savings, it would also encourage investment.

As for the U.S., I'd actually be quite comfortable with a reasonable amount of «helicopter money» provided that the accompanying fiscal stimulus package was focused, not on consumption, but on productive investment at the public, private and individual level (infrastructure, investment and R&D tax credits, workforce training, education, and so forth).

«Even though the consumption tax is scheduled to be raised by 2 percentage points, a number of measures to mitigate the burden, such as a reduced tax rate and an increase in welfare benefits for pensioners, and the provision of free education are planned to be implanted,» the report said.

In Germany, real GDP rose strongly in the March quarter, as consumers brought forward expenditure ahead of the April consumption tax increase, and equipment investment rose strongly.

VAT (Value Added TAX), also called as «tax on consumption» by some economists, is simply a tax that is payable while purchasing any produTAX), also called as «tax on consumption» by some economists, is simply a tax that is payable while purchasing any produtax on consumption» by some economists, is simply a tax that is payable while purchasing any produtax that is payable while purchasing any product.

Tighter jobs and inflation: From a macro standpoint, the consumption tax hike appears to have lent firms additional pricing power, even as they face a looming skill shortage, particularly in the services sector.

The Abe administration still intends to increase the consumption tax in 2019; spring wage negotiations are underway; and given recent yen strength, it would be difficult for the BOJ to justify an abrupt change in policy as financial conditions tighten.

While those taxes apply to prepared food (as does the regular state sales tax), food purchased at a grocery store, for off - premises consumption, is generally not taxable in Minnesota.

Congress can carve out classes of products from consumption taxes just as they carve out exemptions from the income tax.

They, despite the 16th Amendment and all, really think that it's unconstitutional to tax production, as opposed to consumption.

(And as the economist Robert Frank argues, taxing consumption to bring down rivalrous buying of Ferraris and other symbols of superiority would make us better off even without moderating our desires, though I doubt that rivalrous consumption is a very long - lasting or very important feature of high capitalist economies; notice, for example, that it's always those other, silly people, not we, who are buying to keep up with the Joneses.)

A tax on sugar sweetened drinks has been proposed as one means to reduce consumption and raise revenue; it is gaining traction both politically and among health advocacy organisations

Whereas estimates from the National Diet and Nutrition Survey and Living Costs and Food Survey are broadly comparable (123 mL / adult / day versus 168 mL / person / day), the British Soft Drinks Association's figures are threefold to fourfold higher.48 61 The level and pattern of consumption will determine the magnitude of the public health effects of a sugar sweetened drinks tax, as well as its effect on health inequalities.

Table 4 ⇓ shows changes in consumption of the different drinks as a result of the tax.

In terms of substitution effects, the major difference between our estimates and those from the US is that our data indicate that diet soft drinks are a substitute for sugar sweetened drinks, whereas US data suggest that diet soft drinks are a complement (as the price of sugar sweetened drinks goes up, consumption of diet drinks goes down).18 22 This may explain why a US tax on sugar sweetened drinks has been so heavily resisted, as a «double whammy» on sales of both diet soft drinks and sugar sweetened drinks would occur.18.

«Ironically, the report also found that a sugar - sweetened beverage tax led to a decrease in fruit and vegetable consumption, as well as being the least cost - effective tax and providing the smallest health gains.

Revenue raising, it said, is most efficiently done through broad - based taxes such as those on income and consumption.

Does Mr. Brownback not factor in the fact that most people still need to spend a minimum amount of money to live in modern society (food, shelter, etc.), and it is those people who can not afford to spend more than a minimum that consumption taxes affect the most (which, as you noted, has often been an argument for income tax)?

VATs are regressive, as they tax consumption rather than income and the poor consume a larger portion of their income.

There appears to be a current and very deliberate attempt to obfuscate what a VAT actually does (create a level field and back out taxes from exports, allowing recipient countries to impose their own taxes at consumption) and conflate it with protectionist measures such as straightforward tariffs or the proposed complex «border adjustability» tax, the latter explicitly prohibited under WTO rules precisely because it is not a level playing field (imports are taxed and exports are subsidized).

Otherwise known as «expansionary austerity», EFC predicts that a major reduction in government expenditure will change the future expectations about taxes and government spending and will thus create the space for the expansion of private consumption, which, will in turn, revive the fortunes of the economy.

As Vince Cable points out in his report «tackling the fiscal crisis», corporate taxes are the most harmful for growth, followed by personal income taxes, then consumption taxes with recurrent taxes on immovable property having the least impact.

It's worth pointing out that a substantial minority of Lib Dems are very keen on ideas such as Land Value Tax which would directly address many of the problems arising from asset inequality, in particular the fact that land owners can often make substantial gains in wealth as a result of public works funded out of the income and consumption taxes paid by those of substantially less wealth than themselves.

The purpose of a property tax, unlike a consumption tax, is partly to raise more money as real house prices rise, so that the tax rate stays the same regardless of fluctuations in property values.

In early 2015, as Malaysians were protesting over government plans to introduce a consumption tax, the then first lady was complaining about the rising costs of her hairdresser.

Hunter, 72, of Syracuse, said he intends to seek the Republican nomination in the 24th Congressional District — and he plans to do it as a one - issue candidate advocating for a consumption tax to replace income taxes.

Put another way, increase the tax «base,» as it were, by keeping more money in private hands and people will spend more and make more and the government will enjoy increased revenues borne of that increased consumption.

As pressure mounts to cut fossil fuel consumption, and as punitive taxes on non-green power kick in over the next several years, micro nukes could reach a wider markeAs pressure mounts to cut fossil fuel consumption, and as punitive taxes on non-green power kick in over the next several years, micro nukes could reach a wider markeas punitive taxes on non-green power kick in over the next several years, micro nukes could reach a wider market.

Crost said that all of the costs and benefits from policies designed to reduce alcohol consumption, such as the minimum legal drinking age or liquor taxes, need to be assessed.

Consumption of environmental services, such as water (crop irrigation alone counts for 70 % of the world's freshwater withdrawals), should be taxed, say the researchers, and any subsidies should be paid on the proviso that they are as much for protecting the land as for farming it.

Repeated spikes and falls in serotonin and epinephrine (and other chemicals) as a result of caffeine consumption is taxing for the body over time.

Other options include the more powerful (yet still reasonably economical) BMW 740d diesel, as well as the BMW 740Li, BMW 750i and BMW M760Li petrols — although these are rare choices due to their higher fuel consumption and tax obligations; the 6.6 - litre M760Li, for example, returns just 22mpg — but in fairness, the rest of the petrol engines use roughly half as much fuel as that.

Regardless, Zetsche favors voluntary industry agreements «which support the introduction of lower fuel consumption or more environmentally friendly technologies,» as well as a federal ban on sulfur in fuel and tax incentives for buying hybrid vehicles.

As things stand now, the Tax Commission is examining the prospect of including ebooks procured online from overseas retailers within the consumptions tax, something that is estimated to add tens of billions of Yen to the systTax Commission is examining the prospect of including ebooks procured online from overseas retailers within the consumptions tax, something that is estimated to add tens of billions of Yen to the systtax, something that is estimated to add tens of billions of Yen to the system.

The advantage of this for TI OMAP is that the process is cheaper as also less taxing on the power consumption aspect.

Purchases not subject to use tax include food for human consumption such as peanut butter and chocolate.

Another would be to completely replace income taxes with consumption taxes effectively doing the same thing as an outright repeal.

If we went to a flat sales / consumption tax, we wouldn't need to argue about making as much money as you want because you would be taxed when you spend it.

And as needs multiply, so do taxes on income, investment and consumption.