Sentences with phrase «consumption tax increase»

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.

Not exact matches

«We believe changes to personal taxes will drive an increase in consumption, benefiting a variety of spending categories and demographic segments in the coming quarters,» Michael Lasser, analyst at UBS, wrote to clients Thursday.

In 2014, a consumption - tax increase triggered a «mini recession,» from which the Japanese economy now appears to be recovering, Yamaguchi says.

If Japan tries to increase domestic savings to fund the debt, for example by limiting wage increases, or by taxing consumption, both of which they have proposed, these measures may well cause domestic investment to fall.

A reduction in income or consumption taxes, financed by an increase in carbon taxes, would be a clear gain for the higher income, lower carbon demographic.

The tax changes also influenced consumption decisions with the purchase of some goods whose prices were expected to increase on 1 July being brought forward before that date, and other purchases where prices were expected to fall — most notably motor vehicles — being delayed.

This would be exacerbated if Prime Minister Abe decides to go ahead with a second increase in the consumption tax in April, even after the dismal results of raising the tax in April 2014 from 5 % to 8 %.

«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.

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.

Tax increases also reduced after - tax income, restraining consumptiTax increases also reduced after - tax income, restraining consumptitax income, restraining consumption.

Robin wonders if there might be some way to speed up the process, to increase people's awareness of their feelings of discomfort and dissonance so that they become willing to endorse social policies — consumption and energy taxes, for instance — that will change the direction of our culture.

Our modelling suggested that replacing the WET with a volumetric tax, alone, would increase taxation revenue by $ 1.3 billion, reduce overall alcohol consumption by 1.3 %, significantly reduce alcohol related harm and save lives.

Examples of actions which have had these effects include school nutrition standards in Queensland, Australia; a vending machine ban in France; a front - of - package symbol that led to product reformulation in the Netherlands; soda taxes in France and Mexico; a programme targeting retail environments in New York City, USA; a programme promoting increased water consumption in schools in Hungary; school fruit and vegetable programmes in Netherlands and Norway; a healthy marketing campaign in Los Angeles County, USA and a comprehensive nutrition and health programme in France.

While Costa Rican legislators have recently approved a law to increase the sales of electric cars, exempting them from all taxes, which will eventually help to reduce CO2 pollution and fossil fuel consumption, it will not ameliorate the situation of overcrowded and underfunded public roads that make Costa Rica one of the top 10 worst countries to drive in.

Indeed, in the short run (which is the period of concern during a downturn), the adverse impact of a tax increase on the economy may, if anything, be smaller than the adverse impact of a spending reduction, because some of the tax increase would result in reduced saving rather than reduced consumption.»

The motivation behind her decision to increase VAT and reduce income tax was that higher taxes on consumption were less of a disincentive to work hard, to strive for promotion and to take on another employee.

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.

«Increasing the price of sugary drinks is a critical first step in discouraging consumption, so it's incredibly encouraging that we're seeing pass - through of the tax to higher retail prices so early after implementation.

Famed food writer, Mark Bittman, thinks we can cut soda consumption and curb obesity by increasing taxes on soda and subsidizing vegetables.

There may be some increased consumption ahead of the April 1st hike in the retail sales tax from 5 to 8 %, but this is likely to be borrowed from subsequent quarters.

Tax increases also reduced after - tax income, restraining consumptiTax increases also reduced after - tax income, restraining consumptitax income, restraining consumption.

If Canadians start to feel better about their financial situation and spend more money (which they will have through their TFSAs) then the government will see an increase in consumption taxes such as GST, HST etc..

Printing notices of the tax and tips for reducing fuel consumption on gas receipts has the potential to significantly increase driver awareness and reduce demand, as previous government education projects have reduced demand for tobacco, alcohol, and even water during droughts.

There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»

Whereas a five cent increase in the market price of gasoline might yield a 2.2 % reduction in gasoline consumption in the short - run, a 5 cent increase to the cost of gasoline due to the carbon tax, a level approximately equal to a carbon price of $ 25 per metric ton, generates a 10.6 % short - run reduction in gasoline demand.

For conservatives who have long supported shifting from an income tax to a sales or consumption tax, and oppose increasing the federal tax burden, this should be a no brainer.

You want to increase saving, tax consumption.

Such social equity protections suggests that pump prices will somehow be increased because of the consumption tax hike, contrary to the NDRC's repeated assurances.

So the tax is supposed to be efficient to reduce the consumption, but the bigger increase of the price of fossil fuels is supposed to do nothing at all, since it would accompany a huge increase of consumption.?

Gilles says, «So the tax is supposed to be efficient to reduce the consumption, but the bigger increase of the price of fossil fuels is supposed to do nothing at all, since it would accompany a huge increase of consumption.?»

A gradually increasing carbon tax or cap - and - trade system (already in place in some nations) would spur innovation while reducing fossil fuel consumption and promoting the use of renewables.

NPR reported on the first soda tax to be passed in the US, with voters in Berkeley, California, passing the measure aimed at reducing the effects of sugar consumption on health, particularly increased rates of obesity and diabetes.