Sentences with phrase «possible drag on the economy»

For those concerned about the legislation's possible drag on the economy and small business owners, de Blasio said the implementation of similar legislation elsewhere showed it «works for everybody.»

Not exact matches

We expect, given the finding that Retail taxes produce less of a drag on the economy than Income taxes that if a government decides it must raise new taxes (perish the thought), then it ought by the Precautionary Principle do so by reducing the Income Tax rate so low as possible and raising the Retail Tax rate to meet the needs of the state — for instance to pay off debt accumulated by fighting foreign wars.