(6) A lease of real estate is entered into, unless the lease is
the economic equivalent of a purchase or sale of the leased real estate;
For years the industry has maintained that mortgage insurance premiums are the functional and
economic equivalent of mortgage interest — essentially compensation for the use of money — and therefore should be treated in the same way by the tax code.
This cap can be viewed as
the economic equivalent of the «law of diminishing returns»; when you add more employees to get a job done there is an increase in productivity to a point and after that point efficiency drops.
Complaining about gas prices is
the economic equivalent of complaining about the weather: it's a conversation - starter, a chance to grumble about something slightly confusing.
«Subsidizing, say, a pro-drug war point of view through a government PR campaign (hardly a partisan issue, as the overwhelming majority of both Republican and Democratic politicians favor it) is
the economic equivalent of taxing the anti-drug war point of view.»
The Austrian School is
the economic equivalent of Intelligent Design, and taken just as seriously by anyone who knows what they're talking about.
The ability of borrowers to deduct MI premiums from federal income taxes should be made permanent because MI premiums are
the economic equivalent of mortgage interest payments, and so should remain deductible and at parity with mortgage interest payments.
Labeling the Republicans» economic platform the «
economic equivalent of creationism,» Roubini says a lack of bi-partisanism on fiscal issues could lead to a debt crisis and possibly send the U.S. into a Japanese - style bout of stagflation.
Last year, McKinsey & Company released an analysis that concluded the nation's achievement gaps have imposed «
the economic equivalent of a permanent national recession» on America.
In keynote speech at Lib Dem conference, business secretary says reduction in inequality is needed to turn economy around as UK faces «
economic equivalent of war»
In sombre tones he did indeed acknowledge that there are no sunny uplands as we «now face a crisis that is
the economic equivalent of war».
«We now face a crisis that is
the economic equivalent of war.
• Cable said that Britain was in the midst of a crisis that was «
the economic equivalent of war».
• Vince Cable has said that Britain is embroiled in «
the economic equivalent of war».
«It's
the economic equivalent of flat - earth trade policy.»
These choices, the evidence says, will change Alberta from a world - class commercial competitor into
the economic equivalent of a second - or third - string hockey player.
There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in
the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.
One of the reasons the provinces are facing such difficulty is that Oliver based his response to the downturn on
the economic equivalent of old wives» tales.
Not exact matches
The B.C. government has pinned much
of the province's
economic future on LNG exports, saying the projects are
equivalent to Alberta's oil sands in terms
of jobs and revenue generation.
China's government takes innovators and inventors such as Yuyu Yuan and Tao Yu and places them in the
equivalent of a giant Petri dish (
economic development districts).
The Organization for
Economic Cooperation and Development estimated that these kinds
of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year,
equivalent to up to 10 per cent
of global corporate income tax revenue.
The reason fairness would require that this ratio be equal to one is that, as argued by the Italian economist Luigi Pasinetti in his 1981 book, Structural Change and
Economic Growth: A Theoretical Essay on the Dynamics
of the Wealth
of Nations, a fair interest rate is such that the purchasing power
of one hour
of labour stays constant through time even when its monetary
equivalent is lent or borrowed.
(6) Regardless
of the terms
of any agreement evidencing an Incentive Award, the Committee shall have the right to substitute stock appreciation rights for outstanding Options granted to any Participant, provided the substituted stock appreciation rights call for settlement by the issuance
of shares
of Common Stock, and the terms
of the substituted stock appreciation rights and
economic benefit
of such substituted stock appreciation rights are at least
equivalent to the terms and
economic benefit
of the Options being replaced.
Some analysts estimate that China's troubled credit could exceed $ 5 trillion, a staggering number that is
equivalent to half the size
of the country's annual
economic output.
Canadians pay nearly $ 25 U.S. to send one Megabyte
of data — roughly
equivalent to 10 photos — over a wireless device while travelling outside the country, the report by the Organization for
Economic Co-Operation and Development said.
It applies to the
economic or professional activities
of a wide range
of persons, including credit and financial institutions, organizers
of games
of chance, intermediaries in transactions with real property, traders in transactions involving more than $ 15,000 or its
equivalent, pawnbrokers, precious metals and stones traders, auditors, providers
of trust and company services, and non-profit associations and foundations.
A Journal analysis
of Chinese
economic data suggests that capital is pouring out
of the country — about $ 225 billion in the 12 months through September,
equivalent to about 3 %
of China's
economic output.
A total
of 315.6 billion euros
of capital has left the country in the year to end - June,
equivalent to nearly one - third
of the country's
economic output.
In keeping with this added cautiousness, members
of the FOMC revised down their median projections for the Fed funds rate to 0.875 % by end - 2016 and 1.875 % by end - 2017, roughly
equivalent to two hikes in 2016 (from four projected in December) and four in 2017, while keeping their
economic forecast broadly unchanged.
Purchasing Power Parity (PPP) is an
economic theory that estimates the amount
of adjustment needed on the exchange rate between countries in order for the exchange to be
equivalent to each currency's purchasing power.
Independent: Less than 25 percent
of the craft brewery is owned or controlled (or
equivalent economic interest) by an alcoholic beverage industry member that is not itself a craft brewer.
At least seven immense, interdependent threats to the quality
of life on spaceship earth continue to escalate: the population explosion; the widening gulf between rich and poor nations; massive malnutrition (caused mainly by
economic injustice, which produces maldistribution
of available food); environmental pollution and degradation; the depletion
of the irreplaceable resources
of our finite planet; the growing threat
of nuclear terrorism and eventual holocaust (with the
equivalent of one and a half million Hiroshima - sized bombs in the arsenals
of the world); and the worldwide tendency for the fruits
of science and technology to be used without ethical responsibility.
There are a few exceptions: If you're in the highest paid 10 percent
of wage earners at your company and your manager can show that your absence would cause substantial
economic harm to the organization, you can be denied «restoration,» which is the guarantee that you can return to the same or an
equivalent job.
Modelling conducted for the Series estimates that global
economic losses
of lower cognition from not breastfeeding reached a staggering US$ 302 billion in 2012,
equivalent to 0.49 %
of world gross national income.
For example, the very small increases in the minimum wage that took effect in eight states on January 1, 2012 as a result
of those states» indexing laws will generate an additional $ 366 million in GDP and create the
equivalent of more than 3,000 full - time jobs, according to an analysis by the
Economic Policy Institute.
Britain lacks an
equivalent of the German Mittelstand, attracting private capital for major public infrastructure projects to tackle the chronic short - termism
of the capital markets, while providing a much needed boost to
economic growth.
He held that Osun was receiving negative monthly allocations from the Federation Account during the period, saying what hit Nigeria during this period was the
equivalent of economic natural disaster and Osun was not alone.
Mr Osborne was at the centre
of a political row last night after claiming that leaked Treasury figures showed a # 14.8 bn rise in expected revenues in 2011/12 - the
equivalent of a 3p rise in the income tax rate - which could not be explained by a predicted
economic recovery.
Akufo - Addo who quoted figures from the Institute
of Statistical, Social and
Economic Research (ISSER) said the country lost about GHc618 million in economic activity in 2014 alone which he said is «equivalent to 2 pe
Economic Research (ISSER) said the country lost about GHc618 million in
economic activity in 2014 alone which he said is «equivalent to 2 pe
economic activity in 2014 alone which he said is «
equivalent to 2 percent...
As far back as my first term in the Legislature some six years ago I have worked to bring focus to this problem; a demand for
equivalent service or withdrawal was part
of my Minority Address four years ago; and a formal withdrawal process was commenced in the legislature, under the auspices
of the
Economic Development committee headed up by Legislator Michael Grant, three years ago on January 21, 2009 to be precise.
«It's the
economic development
equivalent of building a hothouse — intensively aiming all sorts
of arc lamps at this plant, feeding it, injecting it with fertilizer,» said E.J. McMahon
of the fiscally conservative Empire Center.
The report estimates that the
economic cost
of diabetes in sub-Saharan Africa in 2015 totalled $ 19.5 billion,
equivalent to 1.2 % gross domestic product (GDP).
Think
of these as the political
equivalent of business start - ups: self - created micronations where anyone could be president
of his own domain, setting up his own political and
economic rules.
An early African Union proposal said that it would be the «African
equivalent of the OECD's [Organisation for
Economic Co-Operation and Development's] Directorate for Science, Technology and Industry» and that «an important role for the Observatory would be to manage the collection
of statistics on science, technology and innovation from African countries.»
So in this issue Hanson follows that through to a conclusion coming up with tiny insect - like robots with greater than human level intelligence living by the billions in skyscrapers and sort
of doing their virtual work at the
equivalent of pennies per day and what this leads to, there are two different ideas about what this kind
of economic runaway advancement would ultimately lead to.
According to the Organisation for
Economic Cooperation and Development (OECD), «adults with good literacy skills (the
equivalent of a good English Language GCSE or better) are much more likely to be in work than those with lower levels
of literacy: 83 per cent compared to 55 per cent».
Many
of these graduates have the
equivalent of highly respected U.S. postsecondary training and credentials, and in some OECD (Organization for
Economic Cooperation and Development) countries, a secondary school diploma is
equivalent to a U.S. associate's degree.
Space limits an extended discussion here, but we note two conclusions from a 2012 article by
Economic Policy Institute researcher Monique Morrissey, who explains that «the logical implication
of Richwine and Biggs's [pension] position is that public employers and taxpayers would be indifferent between current pension funding practices and investing in Treasury securities, even though this would triple the cost
of pension benefits» and that R & B «selectively alternate between the cost
of benefits to employers and the value to workers, and inappropriately equate the latter with the often much higher cost to individuals
of obtaining
equivalent benefits.»
Its proficiency standard is roughly
equivalent to the international standard established by those industrialized nations that are members
of the Organisation for
Economic Co-operation and Development (OECD).
Using the nearly $ 3 trillion drop in
economic output resulting from the recent
economic recession as a reference point, the author suggests that the achievement gap between the U.S. and academically top - performing countries «can be said to be causing the
equivalent of a permanent recession.»