Sentences with phrase «imposed flat tax»

State Sen. Tony Avella fills up his gas tank (l.) after announcing his proposed legislation to impose a flat tax on city gas prices.

Not exact matches

Finally, Brazil imposes a flat import tax of 60 percent on the cost of merchandise valued up to $ 3,000.
But the former Soviet Union gave neoliberals a free hand in turning land and natural resources over to insiders and slashing taxes on them — while imposing a stiff «flat tax» on labor's income.
Most of the countries charge a flat percentage on personal annual income; some impose almost no tax at all or a low rate for a certain area of taxation.
AMT is essentially a flat tax that imposes a 26 % flat rate (or 28 % at higher incomes).
A flat tax of 30 percent was imposed on U.S. source capital gains in the hands of nonresident alien individuals physically present in the United States for 183 days or more during the taxable year.
In China, the government is also getting serious — revealing more details about its pilot emissions trading scheme, canvassing a flat carbon tax on certain industries, and also announcing that it would impose emission caps on certain provinces and cities, including the powerhouse economy of Guangdong, and the key commercial hubs of Beijing, Tianjin, Shanghai, Chongqing and Shenzhen, in preparation for the ETS.
For example, California imposes its own flat tax of 8.84 % on corporate profits which means that fifty percent of your profit will be used to pay federal and state income taxes.
If leg - islatures have imposed caps on punitive damages through using a certain multiple of the compensatory damages or a certain flat dollar amount, then the wealthy defendant will simply view the punitive damages award as just a tax or a cost of doing business.
At the meeting, NAR directors voted to oppose any tax changes — including moving to a flat tax or national sales tax — that would threaten the mortgage interest deduction, impose a tax on real estate services, or add a national tax on the transfer of property.
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