Sentences with phrase «tax on the consumption»

Additionally, since a BAT is a tax on consumption in the US, it would be difficult to have it target one country, such as Mexico.

On taxes, always a top concern for entrepreneurs, Johnson would abolish the Internal Revenue Service, and ultimately replace the progressive income tax with a «fair tax,» or a tax on consumption.

«As we all know, the GST / HST is a broad - based tax on consumption in Canada, and it's calculated on the final amount charged for a good or service,» said Daniel Lauzon.

While a VAT, as a tax on consumption, would encourage savings, it would also encourage investment.

A value - added tax on consumption of goods and services could make up the shortfall from cutting corporate tax rates in the United States, but don't expect it to be enacted anytime soon.

Overall, the reform would shift from a worldwide system to a territorial system, based on where consumption occurs rather than where production takes place; from a system that allows interest deduction to one that largely ignores financial flows; and from a tax on income toward a tax on consumption.

VAT (Value Added TAX), also called as «tax on consumption» by some economists, is simply a tax that is payable while purchasing any product.

Non-linear effects of soda taxes on consumption and weight outcomes [i], published in the US publication Health Economics casts serious doubt on the effectiveness of imposing a tax on sugar - sweetened beverages to curb obesity.

Non-linear effects of soda taxes on consumption and weight outcome [1], published in the US publication Health Economics casts serious doubt on the effectiveness of imposing a tax on sugar - sweetened beverages to curb obesity.

[1] Fletcher, J. M., Frisvold, D. E. and Tefft, N. (2014), NON-LINEAR EFFECTS OF SODA TAXES ON CONSUMPTION AND WEIGHT OUTCOMES.

Under the Special Taxes on Consumption (Decreto - Lei No. 73/2010, de 21/06), non-alcoholic beverages with a sugar content of less than 80g per litre will be charged at $ 0.08 per litre (about $ 0.10); or $ 0.16 per litre (about $ 0.20) when the sugar content exceeds 80g / l.

This is a fair point, and I probably should have given it some consideration above in that: I do not think that the choice is between income tax on «me» (my employer, actually) and income tax on my consumption.

The motivation behind her decision to increase VAT and reduce income tax was that higher taxes on consumption were less of a disincentive to work hard, to strive for promotion and to take on another employee.

gosh... that would be great at only 15 % tax on consumption.

With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.

Not exact matches

On the other side of the aisle, the Democrats will push for a big revenue - raiser in exchange for lower rates, possibly including a new consumption tax or VAT.

On taxes, Johnson's position is that the U.S. should move from a system that taxes income to one that taxes consumption, with the hope of eliminating corporate income taxes altogether.

This tax is based on consumption — use less, pay less,» wrote one CEO.

«Neither March retail sales or CPI suggest US consumption is responding quickly to tax cuts while the Fed concentrates on the potential risks of fiscal stimulus.

Gas taxes are based on each state's rate and an average annual consumption of 656 gallons, sourced from API.org on March 6, 2018.

The order does not call on regional authorities to shut down mining operations directly, but instead to put the squeeze on them by strictly enforcing policies on electricity consumption, land use, tax collection and environmental regulation.

Regional differences resulting from the new cap on state and local tax deductions also may mute the bill's overall consumption effect.

Whether individuals are better off for this quid pro quo depends on how carbon taxes affect fuel consumption.

Such a tax system would place the greater burden of tax rising on consumption taxes such as the HST, and reduce the burden on income taxes.

Liberals counter that during a recession you need more consumption, not investment; and you can afford to give significant benefits to practically everybody just by jacking up the tax rate on the richest five percent.

Unless this tax favoritism is reversed, more and more revenue will be diverted away from spending on consumption and investment to pay debt service and «financialize» the economy even more.

The Section on Taxation provides evidence that the government should be relying more on consumption taxes than on personal and corporate income taxes, but the recommendations are silent on this.

It said the synergies would exceed additional costs to the business as a result of new point of consumption taxes on bets being introduced across most states in Australia.

In a working paper entitled «Taxation and Economic Efficiency» Department of Finance concluded that tax reductions on savings and investment yield higher efficiency gains than tax reductions on consumption.

In the United States, most consumption taxes are levied by states and local governments (as retail sales taxes), although the federal government does levy some selective consumption taxes, called «excise taxes,» on items such as alcohol, tobacco products, and gasoline.

«This report discusses how tax structures can best be designed to support GDP per capita growth.The analysis suggests a tax and economic growth ranking order according to which corporate taxes are the most harmful type of tax for economic growth, followed by personal income taxes and then consumption taxes, with recurrent taxes on immovable residential property being the least harmful tax.

Value - added tax (VAT): A form of consumption tax collected from businesses based on the value each firm adds to a product (rather than, say, gross sales).

The tax changes also influenced consumption decisions with the purchase of some goods whose prices were expected to increase on 1 July being brought forward before that date, and other purchases where prices were expected to fall — most notably motor vehicles — being delayed.

On the potential delay of the consumption tax hike in Japan: «It's one very easy show of supporting consumption and also it's a way of flexing political muscle,» Naomi Fink, CEO of Europacifica Consulting, told CNBC.»

As for the U.S., I'd actually be quite comfortable with a reasonable amount of «helicopter money» provided that the accompanying fiscal stimulus package was focused, not on consumption, but on productive investment at the public, private and individual level (infrastructure, investment and R&D tax credits, workforce training, education, and so forth).

The exemption will be embodied in an amendment to the Enforcement Order of the Consumption Tax Act, which is being prepared by the Ministry of Finance, and it is highly likely that it will apply to VC - cash exchanges executed on or after July 1, 2017.

A consumption tax is on the flow of spending and by taxing consumption you raise its price relative to saving thereby fostering more saving resulting in greater investment in productive capital and higher long - term economic growth.

TOKYO (MNI)- The impact of the scheduled consumption tax hike in Oct 2019, in terms of the net burden on households, is expected to be about Y2.2 trillion, smaller than the previous hikes of Y8.0 trillion in fiscal 2014 and Y8.5 trillion in 1997, according to the full text of the Bank of Japan's Outlook Report, released Saturday.

Well, economists like to make the case for more emphasis on consumption taxation relative to income taxes, which can have incentive effects on work effort, savings and risk taking.

The Enforcement Order will be applicable to VC - cash exchanges carried out on and after July 1, 2017, and VC - cash exchanges will no longer be subject to consumption tax.

A: If you look at consumer spending patterns, you'll see lower income people tend to spend a higher proportion of their income on consumer goods, so a consumption tax cut benefits them disproportionately compared to upper income people.

Japanese policy - makers on the balance express confidence so far that the policy mix has demonstrated an unexpected degree of success so far (thanks to appreciation in risk asset markets) alongside the credibility boost offered by the (so far) uneventful implementation of the April consumption tax hike from 5 % to 8 %.

But the TEA PARTIERS are excited about the justice of a consumption or «fair» tax, and it might be tough for Romney to be tough with Cain on the tax front during the primary campaign.

The peak body for winemakers has slammed a new study findings that higher taxes on cheap alcohol could reduce consumption.

A tax on sugar sweetened drinks has been proposed as one means to reduce consumption and raise revenue; it is gaining traction both politically and among health advocacy organisations

Although sales taxes on soft drinks in Ireland and France have both been associated with a reduction in consumption, the health effects have not been studied.15 16 No significant effect on obesity of US state sales taxes has been found, although the level of taxation there has probably been too low to affect health.13 17 The modelled estimates of the health effect of a 20 % sugar sweetened drink tax in the United States vary, but such a tax has been predicted to reduce obesity by up to three percentage points.13 18 The effect of a sugar sweetened drink tax in the UK has not, until now, been formally estimated.

Whereas estimates from the National Diet and Nutrition Survey and Living Costs and Food Survey are broadly comparable (123 mL / adult / day versus 168 mL / person / day), the British Soft Drinks Association's figures are threefold to fourfold higher.48 61 The level and pattern of consumption will determine the magnitude of the public health effects of a sugar sweetened drinks tax, as well as its effect on health inequalities.

Taxes on sugar sweetened beverages are likely to reduce consumption, but the effect on obesity in the UK and for different income groups is unknown

We chose to model the effects on body weight because good evidence (from both trials and epidemiological studies) links regular consumption of sugar sweetened drinks to weight gain.8 10 12 Moreover, data from longitudinal studies support the idea that changes in the price of sugar sweetened drinks are linked to changes in body weight.20 Other groups have used this form of modelling to estimate the effects of a sugar sweetened drink tax on obesity.18 21 22

In terms of substitution effects, the major difference between our estimates and those from the US is that our data indicate that diet soft drinks are a substitute for sugar sweetened drinks, whereas US data suggest that diet soft drinks are a complement (as the price of sugar sweetened drinks goes up, consumption of diet drinks goes down).18 22 This may explain why a US tax on sugar sweetened drinks has been so heavily resisted, as a «double whammy» on sales of both diet soft drinks and sugar sweetened drinks would occur.18.