Word: taxingly
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...unemployed (about $19 billion) and providing financing for small- and medium-sized companies (about $30 billion); improvements in health care, nursing and child care; subsidizing the development and use of solar energy and environmentally friendly technologies; and public-works projects to help regional economies. Revisions to the tax system, including tax cuts, are also included in the economic plan. (See pictures of Japan and the world...
...deeply regressive nature of payroll-taxes has prompted one commentator on the left to propose something far more dramatic than even a payroll-tax sabbatical. Hendrik Hertzberg in The New Yorker has suggested scratching the payroll tax altogether and instead levying a tax on carbon to fund Social Security and Medicare. We would be eliminating a tax on something we wish to encourage, job creation, thereby giving the fruits of their labor to lower- and middle-class workers, while taxing pollution, which we want to discourage. (It should be noted that such a proposal has zero prospects for being considered...
...Paul Krugman, the devil’s advocate on the left, tells us that we need more stimulus. Now is exactly the time when we should want to suspend regressive taxes and put money back in the hands of low- and middle-income families to spur household consumption. While economists can argue about the relative effectiveness of government spending as opposed to tax cuts in stimulating the economy (Krugman would presumably find a reason not to like this idea), who can deny that there would be a positive jolt to consumer spending from something as dramatic as a complete suspension...
...Yosano, the stimulus package marks something of a break with the past. He has a reputation as a deficit hawk. As recently as 2006, when minister of the economy, he moved to slash government expenditure 40% over five years, balance the budget by 2012 and double the consumption tax to 10% by 2015. In the light of Japan's economic meltdown, all that has changed. Like other deficit-busters, Yosano has turned to old-fashioned Keynesian demand management to kick-start the economy. "He shifted completely to say that to get over this crisis we need a big stimulus package...
...vicious fight with predecessor Thabo Mbeki that split the party - and led to COPE's formation. In 2005 his business adviser, Shabir Shaik, was sentenced to 15 years for soliciting bribes for him, and for years Zuma has faced a related prosecution for corruption, racketeering, fraud, money-laundering and tax evasion. Last month, Shaik secured an early release because of hypertension. On April 6, after three years of trying to bring Zuma to court, the National Prosecuting Authority dropped the case. State prosecutors denied yielding to pressure by the incoming Zuma government, while arguing - after years of denial - that their...