And one of the rare progressive tax proposals to outline an actual tax structure in Illinois would hike income taxes on residents earning as little as $ 17,300, inflicting serious damage on an already -
weak state economy.
Not exact matches
While former secretary of
state Hillary Clinton and U.S. Senator from Vermont Bernie Sanders are expected to duke it out in an intensifying battle for the party nomination, themes of the
weak economy and the struggles of the middle class are likely to take center stage.
Given the
weak state of the
economy, a budgetary deficit should be embraced, not feared.
The
economy is really being supported — this isn't just in the United
States, it's in Japan, the ECB and Britain — the
economy is being supported by quantitative easing that is allowing for a massive budget deficit and money printing exercises to go on... As you address the fiscal problems, you are going to have
weak economic growth.
The affluent city -
state's
economy has been hobbled by dwindling exports amid stubbornly
weak global demand, while domestic consumption has also remained anemic with entire floors at some central shopping malls empty.
The global
economy is ending the year in a fragile
state with factory activity shrinking in China, euro zone business growth remaining
weak, and emerging market giant Russia in a spiraling currency crisis.
In the United
States, the
economy struggles under the continuing burdens of balance sheet restructuring and extremely
weak employment growth.
With a
weak economy, Russia has little leverage to pressure China to meet its commitments, other than seeking investments from other Asian neighbors; Japan and South Korea, however, are even more reluctant investors than China, given their desire to maintain a united front with the United
States on sanctions.
But Japan is almost the opposite to the United
States —
weak economy, barely positive interest rates, massive fiscal deficit, trade surplus and an economic culture based on conventional manufacturing.
This is based on a simple economic model that
states not all production (financial services in this case) will relocate to the large
economy (the EU) as the small
economy (UK) is able make up for its lack of competitiveness by having a
weaker currency.
One way or another, in
economies like the United
States that do not suffer from
weak access to capital, a reduction in foreign capital inflows automatically increases domestic savings.
In today's environment of
weak global demand, there has been little appetite among any major
economies for the excess production and savings of these major surplus nations, but the absence of capital controls has made the United
States the default adjustment for global capital imbalances.
In the United
States, there is growing concern that the recovery may not be taking hold, as the
economy struggles under the continuing burdens of balance sheet restructuring and extremely
weak employment growth.
Instead, he sees parallels between the
weak global
economy in the years immediately after World War II and the
state of things today.
Addressing the press conference, dubbed `' The true
state of the
economy and a government in a
state of denial: The NPP's response to the Senchi Consensus, and connected matters» Minority leader of the NPP, Osei Kyei Mensah Bonsu said, `' assessment of the Ghanaian
economy so far point to an
economy with
weak and deteriorating fundamentals.»
The governor says he had to cope with a $ 10 billion
state budget deficit, and an ongoing
weak economy.
They would never opt to endorse a BUSINESSMAN from the place with the
weakest economy in the
state.
Cuomo says he had to cope with a $ 10 billion dollar
state budget deficit, and an ongoing
weak economy.
Niagara County lawmakers received the first segment of a two - part annual briefing on the
state of the county's
economy and economic development efforts from the men tasked with leading the herculean effort to keep Niagara County's
economy growing against the backdrop of a
weak national
economy Tuesday night.
Nelson's Republican opponents insist he is hobbled by his ties to President Obama and is deeply exposed in a
state where the
economy has been especially
weak.
Over the summer President Obama sketched a concept for a cap - and - trade bill that would legislate significant cuts in the United
States» carbon emissions, but widespread skepticism — along with a
weak economy — forced Senate majority leader Harry Reid to concede last July that such a bill would not pass.
Critics of the current system argue that if Europeans get this right, Europe could become a more attractive research environment than the United
States, which is suffering from a
weak economy and deep cuts in federally funded research.
Because
states must maintain balanced budgets,
state appropriations for higher education tend to fall when the
economy (and therefore tax revenues) are
weak.
Other low - spending
states, such as Mississippi and New Mexico, don't have the capacity to spend more because their regional
economies are too
weak, he said.
The
state economies are
weak at present.
As noted above, about two thirds of the US is critical, if not hostile, to the
stated objectives of those who promote Anthropogenic Climate Change; which, on the surface, seem designed mainly to hobble our already -
weak economy with draconian emissions regulation, while looting it to pay for dubious pre-facto «restitution» to more impoverished regimes around the world.
Cap and trade is long dead in the United
States, a victim of shifting political winds, fierce oil industry opposition and a
weak economy.
The Court once again displayed its distaste for class - actions, with Kennedy
stating that expanding causes of action in securities litigation would damage the
economy and «would allow plaintiffs with
weak claims to extort settlements from innocent companies.»
In the recent January edition of «On the Markets,» from the Morgan Stanley Smith Barney Global Investment Committee, the accommodative fiscal policy of both the U.S. Federal Reserve and the European Central Bank will bolster financial markets and support
weak and slow - growing
economies in Europe and the United
States.