"Punitive taxes" refer to high taxes that are imposed on specific individuals or businesses as a form of punishment or discouragement for certain actions or behavior.
Full definition
Bonds face the most
punitive tax rates, but with interest rates where they are, they are currently more about capital preservation than income generation.
For example, why is there a cap on what you can put into a pension AND a cap on the maximum fund size you can have without
punitive tax consequences?
Having spent generations idealizing equality and punishing high - skilled, high - income earners
with punitive tax rates, it's entirely plausible that Swedish kids and their parents would finally realize education, ability and work ethic are irrelevant to success in adulthood.
As pressure mounts to cut fossil fuel consumption, and
as punitive taxes on non-green power kick in over the next several years, micro nukes could reach a wider market.
BPL: No one has proposed «
Punitive taxes just to tax people for living in a prosperous nation (in order to make them less prosperous and therefore less polluting).»
It's surely better to consolidate and build upon the 10 % who wish the party well and hope the Coalition succeeds and are pleased with Lib Dem «wins» in areas like the Pupil Premium, civil liberties and taking poorer working people out
of punitive tax rates.
I don't want them to work all the hours God gives just to suffer
from punitive taxes to pay for Labour's profligate spending.
It was the same year they levelled the income trust industry by
introducing punitive tax rules, so pension income splitting was a bit of a condolence for seniors, many of whom were heavy into income trusts.
Part of why the U.K. voted to leave the European Union last month was to
escape punitive taxes and regulations — indirect taxes — imposed by unelected officials in Brussels.
For any small market team, the proposition of getting stuck over the luxury tax threshold and being forced to pay the league's
punitive tax repeater rate is a scary one.
The S400 4Matic will reportedly be aimed at markets, such as China, with
punitive taxes toward large - displacement cars.
Namely, it would be next to impossible to pay off the policy loan with capital inside the policy without
incurring punitive tax consequences.
However, that
previously punitive tax bite will be reduced by an estimated $ 15 million under this unique strategy: a Code Section 1031 «like - kind» exchange for so - called «credit - tenant» property financed with net lease financing.
Or is it actually about making up revenue lost to an eroding tax base as taxpayers seek legal ways to avoid what they see
as punitive tax rates?
Oh, and parents would not be allowed to drive their kids to school, fast food outlets would be banned within a mile of a school, foods high in fat or sugar would be hit
with punitive taxes and advertising bans.
On our current course, we're headed for a morass
of punitive taxes, puny growth, and stagnant incomes for workers — a future that's the precise opposite of what Trump champions.
From punitive taxes to intrusive Big Apple socializing: This Londoner tells us what he really thinks.
Concerned about the lack of funds for his Crusade, Alexander
imposes punitive taxes on the newly arrived Jewish community.
Punitive tax rates do nothing to raise money, and simply discourage enterprise and investment into Britain.
So this week, Christy Clark did the bare minimum — she introduced
a punitive tax that's riddled with loopholes, and expected to be applauded for her efforts.
Ironically, rather than increasing affordability, taxing such properties may disqualify many (except those wealthy enough to pay
these punitive taxes) from buying in the province's most desirable locations.
Those amendments would ensure that those who come to this province to live and work will not be faced with
a punitive tax when they buy a home.
Since the tax was introduced, B.C. families have found themselves in the middle of failed property deals, while everyone from families looking to build a life in the province to professionals recruited by B.C. companies have suddenly been hit with
a punitive tax when they try to buy a home.
Meanwhile,
punitive taxes and burdensome regulation continue to hinder growth.
In the long run, he analysed that
the punitive tax will mean lost markets for American producers for years to come, especially at a time when China's imported wine market has entered into what he calls a «warp - speed» growth phase when «no wine producing country dares to ignore the market.»
From next year
the punitive tax charge will be abolished and tax applied at the marginal rate.
The Destruction of local govts and school districts via
a punitive tax cap.
A vote against a freeze is a vote for
a punitive tax - rise when typical bills are already around # 120 a month.»
The Miliband - Adonis plans are seen as vital to reassuring business that Labour's responsible capitalism agenda will encourage balanced growth and not lead to
punitive tax rates or excessive regulation.
Given Japan's tight restrictions on parking space and
punitive taxes on older cars, the kei - jidōsha class of automobiles is extremely popular, especially among younger buyers.
property purchase here, I don't expect any special treatment or bail - outs (in the form of tax breaks / uneconomic interest rates)-- similarly had my purchase shot up in value I wouldn't expect
a punitive tax on my gains either.
So, while the current administration is trying to help students who might be facing huge tax bills from student loan debt due to fraud or forgiveness from approved Department of Education programs, it will be up to Congress to act to remove
the punitive tax penalty.
Blaming falling passenger numbers on
the punitive tax, BA chief executive, Keith Williams, confirmed the news during the Caribbean Tourism Organisation conference in St Martin.
Punitive taxes just to tax people for living in a prosperous nation (in order to make them less prosperous and therefore less polluting) is politically and ideologically impossible to the majority of people — and yet this seems to be the prime solution offered for AGW (carbon taxes, etc.).
Kim Moody, director of the Canadian tax advisory with Moodys Gartner Tax Law LLP in Calgary, says
the punitive tax rates / regime proposed that would have impacted lawyers have been «fully eliminated» with the integration principle being maintained.