Word: taxed
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...dynamic comes from the pull of high-wage Australia. During last year's election campaign, Don Brash, leader of National, the main opposition party, argued that the exodus was caused by his country's miserable growth in incomes (which are one-third below Australia's, on average, after tax) despite a good economic performance under successive governments led by Labour Prime Minister Helen Clark. National, which lost narrowly, still believes that lowering taxes across...
...have shared a common currency since 1999, has been incomprehensibly ruled (by the “stability and growth pact” and the European Central Bank (ECB)) like a collection of competing small economies, open to trade and investments but closed to macroeconomic stabilization and increasingly resorting to tax and social competition. The result has not only been slow regional growth and persistent unemployment but also growing divergence among member states and rising political tensions. The ECB, the most unaccountable central bank in the world, is bound to raise interest rates further in the coming months for fear...
...Ministry. “This is very very unusual,” Hausmann said, of the cooperation between the Kennedy School and the Italian government. “I think it shows a maturity that the world is developing, that the democracy of Italy is willing to use its tax money with us because they want to be good for the world.” Kennedy School Dean David T. Ellwood ’75 said the fund “is an exceptional opportunity to think about really one of the premiere problems of today, about...
...Boston area, but they also know that they can pay lower salaries if they operate in a state with a lower cost of living. Such “in-country outsourcing” can force students to leave a place that many have become attached to. With property taxes as the state’s main source of income, this cycle is doomed to repeat itself. If the state government establishes a more progressive tax plan and uses those funds to promote affordable housing, however, employers will return with open arms...
...obesity in this country and sugar-sweetened beverages, but there is an association.” The new research has led some public health experts to renew calls for a “fat-tax” that would help limit soda intake, much in the way tobacco taxes limit cigarette consumption. “If you look at the cigarette literature, there’s a lot of info that applies—if prices go up, buying goes down, especially among younger consumers,” said Alison Field, assistant professor of pediatrics at Harvard Medical School...