Not exact matches
You see, according to these «economic theorists», when the unemployed and / or
lower -
income populace receive various types of funds from the government, they spend these funds, thus increasing
nominal aggregate spending in the economy.
However, the slower - than - expected economic growth in 2013 and the accompanying
lower level of
nominal income in 2013 - 14 results in a «status quo» (before budget actions) deficit of $ 18.7 billion Subsequently, the status quo budgetary balance is actually
lower that forecast in the November 2012 November Update.
The downward revision to personal
income taxes result from PBO's
lowering of it economic forecast of
nominal income.
They are forecasting higher revenues but
nominal income is
lower than that forecast in the October 2010 Update in that year.
Lower nominal — but higher effective — tax rates would eliminate bad incentives and bring in more corporate
income tax revenue.
Other factors driving rates
lower —
low nominal global growth, an older population,
lower fixed
income supply and the disinflationary pressure of technology — will likely remain in place.
Other factors driving rates
lower —
low nominal global growth, an older population,
lower fixed
income supply and the disinflationary pressure of technology — will likely remain in place.
The new Ottawa Humane Society Mobile / Spay Neuter Clinic will be providing subsidized sterilizations to pet owners in
low -
income neighbourhoods of Ottawa, with owners paying a
nominal fee.
This is due to
low mortgage rates, which are almost an entire percentage point
lower than last year, and a 1.4 percent increase in
nominal family
income from 2010 to 2011 — NAR projects a subsequent increase for 2012.