ब म र पर कर लग न ब द कर

Indeed, it makes far more sense to tax bad things, like pollution, than to tax good things like work and savings.

Externalities are pervasive the failure of one bank imposed costs on others, and failures in the financial system imposed costs on taxpayers and workers all over the world.

One proposal calls for taxing national and international financial transactions.

With a tax, the costs are obvious.

Others, like Massachusetts, tried to levy taxes, but its citizens refused to pay them.

A carbon tax has also been proposed as a method to reduce consumption of fossil fuels.

Finance ministers could tax unhealthy food and subsidize healthy food.

Rather than imposing the costs of the ECB s and EFSF s losses on European taxpayers, the banks creditors could give up some of their claims in exchange for receiving shares from the banks owners.

In theory, taxing immobile assets is less distortionary, though taxes on structures obviously can discourage both maintenance and new construction.

It even began to tax exports in order to reduce the trade surplus.

Indeed, the politics of stock markets does not stop with taxes.

The implementation of the agreement with the European Union on the taxation of savings is a good example of this.

Financial repression is basically a form of administrative taxation of domestic savings.

Imposing costs on other countries is not, by itself, a cause for global regulation.

Indeed, his ideas about taxation have revolutionized Europe.

Although governments levy taxes on gasoline, they are reluctant to impose a general carbon tax because of public opposition to any form of taxation.

Rather than punitively taxing wealth, globalization strengthens the case for shifting to a flat tax on income (or better yet consumption) with a moderately high exemption.

Excessive taxation can dull incentives and hinder growth.

Since that risk is then passed on to taxpayers, imposing taxes on financial firms in proportion to their borrowing is a simple way to ensure fairness.

It also provides social insurance by taxing the prosperous and redistributing benefits to the less fortunate.

Moreover, taxation would increase costs (passed on to borrowers) and reduce the volume of transactions, thereby fueling market volatility amid decreasing liquidity.

Unfortunately, any country that taxes capital too aggressively will only succeed in chasing it to regions where the tax burden is lighter.

At a minimum, the central bank now needs the assistance of that part of the government that taxes and borrows.

And when economists see behavior that has destructive side effects, we like to tax it. Taxation makes individuals feel in their wallets the destruction they are causing.

Businesses see opportunities for taxpayer funded subsidies, and to pass on inevitable cost growth to consumers.

This is one of the main aims of global taxation mechanisms, such as the International Finance Facility initiative and the Airplane Tax.

Hamilton knew that the wrong kind of taxes would weaken the already fragile economy.

Strauss Kahn s response that taxes on capital flows are costly and ineffective is therefore unfortunate.

(b) Exoneration from all federal, cantonal and communal taxes on salaries, emoluments and indemnities paid to them by the International Labour Organisation.

Taxes on speculative activity might encourage banks to focus greater attention on performing their key societal role of providing credit.

The church has a power to tax its members and all corporations unless a majority of shareholders are members of the Finnish Orthodox Church.

A tripling of the excise tax would roughly double the price of cigarettes (as has happened in New York City), preventing about three million deaths per year by 2030.

Critics who worry about the cost of the energy tax have not thought about tax substitutions.

In a globalized world, national governments ability to tax potentially mobile factors of production is sharply circumscribed.

Mr. Talmon de Paula Freitas (Brazil). Fiscal inspector in charge of the negotiation of agreements to avoid double taxation, Ministry of Finance Secretariat of Federal Income Tax.

Combining taxation and spending cuts allows the burden of adjustment to be distributed precisely.

After all, sovereigns are called that because they have the power to impose taxes, regulations, and, at the extreme, confiscation.

That means paying for it on the public sector side, via taxes and a reduction in household consumption (and in wealth accumulation).

As a taxpayer, I would rather pay to foster other people s good behavior than pay more for the consequences of their bad behavior.

The moment of enlightenment came only when those policies also began inflicting costs on the US and other advanced industrial countries.

Capital tax differences among countries would induce capital to flow from the high tax to the low tax economies. Such tax induced distortions would lead to an inefficient regional allocation of investment and possible tax competition.

The increasingly impoverished lives of peasants that the book vividly documented resulted from the very abuses of power that Hu Jintao had declared himself to be against.

Rather than carefully balancing the benefits of each government expenditure program with the costs of raising taxes to finance those benefits, the right seeks to use a sledgehammer not allowing the national debt to increase forces expenditures to be limited to taxes.

The Commission highlights other issues that have received insufficient global attention such as tax competition among developing countries, which shifts more of the tax burden from business to workers.