Sentences with phrase «raise substantial revenues»
Carbon pricing can, however, play a critical role in meeting in the most efficient and effective way the commitments that countries are now entering into; it can also raise substantial revenues that can be used to reduce other, more distorting taxes.
http://www.imf.org/ Not exact matches
Implementing a BAT should bolster the competitiveness of US firms, eliminate the existing incentive to keep profits offshore, and raise the revenue needed to fund a substantial cut in the statutory corporate income tax rate (currently the highest in the Organisation for Economic Co-Operation and Development [OECD]-RRB-.
He could raise the GST, but the Prime Minister has ruled that out; he could fulfill an election commitment by undertaking a serious simplification of the income tax system, which could yield substantial revenues (about $ 3 to $ 5 billion), but he seems reluctant to do that; or, he could take the easy way out and simply cut his fiscal prudence in half and «miraculously» free up $ 3billion annually for his cabinet colleagues.
The report found that, during the 2003 - 2004 school year, many schools raised a substantial amount of revenue through competitive food sales.
Such a move would generate substantial economic efficiency gains from reduced congestion, reduce the tax levied on the majority of miles driven, leave many (particularly rural) motorists better off, and provide a stable long - term footing for motoring taxes without necessarily raising net additional revenue from drivers.»
The government response also rejects the idea that substantial tax revenue could be raised by taking the # 6 billion per annum cannabis market out of the black economy:
The poorest counties continue raising their tax rates, while the wealthiest counties lower theirs, and yet the substantial revenue disparity persists.
Carbon taxes can also raise substantial amounts of government revenue, are a highly practical extension of existing administration for fuel taxes, and can be in countries» own national interests due to domestic health and other co-benefits.