"Higher taxation" means that individuals or businesses are required to pay more money to the government in the form of taxes. This could be in the form of income tax, sales tax, property tax, or any other types of taxes imposed by the government.
Full definition
Although I am normally quite supportive
of higher taxation, I've never really felt comfortable with the inheritance tax.
My question is this: Has
very high taxation of high earners ever worked or been effective as an economic policy?
The recovery in the state has also eliminated some of the fears of
even higher taxation and poor business conditions for local businesses and the families that own and operate them.
I've never made the plunge due to ever declining volumes and the fear the government will eventually
use high taxation to price them out of most people's budgets.
* a reduction in annual taxable income
during high taxation years through annual tax - deductible contributions.
And heavy industry has left because
of high taxation, high mandates and high cost of living.
Above all, it will be essential that Liberal Democrats fight to ensure that the forthcoming deficit reduction package is delivered fairly, with the greatest burden falling on those who can most afford it (if necessary
by higher taxation of wealth).
Again, Edmonds» TUC call
for higher taxation on incomes above # 50,000 and lower interest rates underlines this.
(and the gain is not tax free) The real cause of the increase in debt - to - income ratio is the following; 1)
High taxation leaving fewer dollars in the hands of the public 2) Record low interest rates and relaxed lending criteria 3) The wealth affect of increasing Real Estate prices 4) ridiculous credit card interest rates 5) lack of real wage growth
Public Health England also suggests other methods, such
as higher taxation on drinks, to cut down on problematic consumption behaviours.
Amazingly Germany, a nation customarily famous for very
high taxation rates, has turn a taxation breakwater for cryptocurrencies.
But on the other hand, Jesus was not a proponent of trying to legislate morality, of trying to get people to do what is right
through higher taxation and passing laws.
We can easily see that Denmark has
much higher taxation on high earners and lower income inequality.
Students are all too familiar with the uncertainty of the job market, the rising cost of student loans, and the burden of
high taxation in an inflationary economic environment.
The DoH
justifies high taxation, arguing rising prices have been identified as a very effective way of getting smokers to quit.
I also
favour higher taxation of high value properties as long as all of the revenues are used to cut more economically harmful taxes.
The Danish Social Democrats have just won the General Election by advocating
moderately high taxation, moderately high spending and access to services based on citizenship - not (supposed) need.
Politicians talk about fixing things like immigration, like over-regulation,
like high taxation, but they seem powerless to deal with it.»
There is a risk that Labour and LibDem councils will do this because they
think high taxation on all sections of society is morally right.
There is a direct quote — «We
believe higher taxation on sugary foods and drinks would be the best option to reduce intake and fund the health care costs associated with diabetes and obesity».
Nintendo have decided to retreat from the Brazilian market
blaming high taxation on imported video games goods.
Shelter From Higher Taxes If you think that income and estate taxes will skyrocket, permanent life insurance can help you transfer wealth into a shelter that protects your assets
from higher taxation.
I hear about companies fleeing California and locating to Austin almost weekly because they are escaping the economic mess and
high taxation out there.
A small cut in duty on beer - offset
by higher taxation of alcopops -(among other measures) is unlikely to compensate for the effect of cheap booze sold by supermarkets.
(and the gain is not tax free) The real cause of the increase in debt - to - income ratio is the following; 1)
High taxation leaving fewer dollars in the hands of the public 2) Record low interest rates and relaxed lending criteria 3) The wealth affect of increasing Real Estate prices 4) ridiculous credit card interest rates 5) lack of real wage growth
Their situation could be worsened by measures to combat climate change such
as higher taxation on fossil fuels.
Yes, by all means, keep working with the «regular» Republicans who have presided over 46 of the last 48 years, directly contributing to the greatest economic decline in New York history
through high taxation and massive spending.
Having considered the economic situation in Greece and in particular, the
very high taxation on businesses, as well as complicated and lengthy procedures for the establishment and operation of businesses there, Greek institutions and businesses are seriously considering the transfer of their headquarters and some of their operations in Cyprus.
I discuss these ideas in greater detail in Money, Blood and Revolution where I also explain how the circulatory growth model can be used to understand why the excessive use of monetary stimulus — both through low rates and quantitative easing — leads directly to: structurally low economic growth, higher social inequality, deflationary pressures, high government deficits and an inevitable pressure
for higher taxation.
Lord Tebbit said: «The Tories have to ask themselves this question: who is going to be enthused to vote for them by promises
of higher taxation.»
The left worries about the negative externalities of things such as global warming, while the right worries about the disincentives of
high taxation and regulation.
And debt, coupled with
the high taxation required by Herod Antipas to pay Rome tribute, created the economic leverage to pry Galilean peasants loose from their land.
One of the backbone philosophies of the recent labour party campaign was
higher taxation of high earners (those earning above # 80» 000 per year to be precise).
This is an interesting comparison between the taxation systems of the US and Denmark, but how does it answer the question «Has
high taxation of the rich ever been sustainable as an economic policy»?
He told delegates: «In a modern global economy where people can move their investment from one country to another at the touch of a button and companies can relocate jobs overnight, the economics of
high taxation are a thing of the past.»
The left should get over its fixation on
high taxation of labour income and put more emphasis on taxing unearned wealth and environmental bads.
Its maintenance through
higher taxation, borrowing and the printing of money will only delay the Greek people's rejuvenation from their fiscal catastrophe.
Liam Fox MP (as Tory Chairman) has lectured on the «intruder state» - a state that by
high taxation and heavy regulation crowds out the ability of adult citizens to lead independent and responsible lives.
Under the leadership of Charles Kennedy, the party had staked out a commitment to
higher taxation and investment in public services, a strategy that many thought placed them to the left of Labour at the 2005 general election.