Such a tax would increase global efficiency.

Obama, by contrast, would run larger deficits his spending increase is much larger than his tax increase which imply large tax hikes in the future.

The Internal Revenue Service sees no increase in tax cheating.

If the increase were considered permanent, however, it would make sense to increase spending or reduce tax pressure.

The immediate increase in tax rates is only part of the story.

In 1736 an increase in the tax on gin inspired riots in London.

Increased exploitation of mineral and forestry resources in order to increase tax revenues.

His budget would also increase taxes on corporations, and would end the current payroll tax holiday, imposing an additional 2 tax on all wage earners.

Even a modest tax increase on the rich is unlikely to find support in American politics.

Suppose that the government gives a tax cut in order to increase consumers take home pay.

In the long run, wealth could tend to increase in the same proportion as after tax wages.

In order to increase personal income taxes share of total revenue, developing countries are already improving their tax administrations in innovative ways, particularly to reach hard to tax citizens.

America, in fact, needs a value added tax, which is widely used in Europe, but Obama himself staunchly ruled out that kind of tax increase during his election campaign.

Even for those taxpayers who had feared a tax increase in 2011 and 2012, it is not clear how much the lower tax payments will actually boost consumer spending.

Western economists typically favor gradual tax increases Jeffrey Frankel, for example, recommends a pre announced plan to increase the tax rate by, say, one percentage point annually for five years.

And yet, while the consumption tax increase is not ideally timed, I am not entirely pessimistic about its impact.

Similarly, the tax changes in such a stimulus package should provide incentives to increase spending by households and businesses.

(Another case with similar consequences was Japan s value added tax increase in 1997, which precipitated a collapse of consumption).

If every increase in the after tax wage rate gave a permanent boost to the amount of labor supplied, we reasoned, steeply rising after tax wages since the mid nineteenth century would have brought an extraordinary increase in the length of the workweek and in retirement ages.

Over a decade, that implies nearly 2 trillion in additional revenue without any increase in tax rates from today s levels.

To finance development projects, poor and lower middle income countries must devise and implement tax strategies to increase domestic revenue.

That is why Bank of Japan Governor Haruhiko Kuroda should respond accordingly if the tax increase has a deflationary impact.

On this view, if fiscal austerity relieves households of the burden of future tax increases, they will increase their spending.

In addition to the automatic decline in tax revenues and increase in social welfare spending during a recession, many nations added large spending increases and or tax cuts to try to stimulate their economies.

Finally, international competition for inward foreign direct investment may lead governments to reduce tax rates and increase concessions for foreign investors.

There will also be cuts in personal income tax in the next few years in order to increase households disposable income.

One possibility is an increase in the consumption tax, which currently stands at 5 low in comparison with other industrialized countries.

Indeed, on the other side of the United States from Massachusetts, voters in Oregon passed a referendum supporting a tax increase.

Since the introduction of the Building Independence Strategy in 1998, low income families have seen their after tax disposable incomes increase.

Despite the massive tax cuts of 2001 and the increase in military and security spending, the US experienced a prolonged jobless recovery.

President Barack Obama s proposed alternative to the fiscal cliff would substantially increase tax rates and limit tax deductions for the top 2 of earners, who now pay more than 45 of total federal personal income taxes.

The Direction Générale des Impôts (DGI), the tax authority, has continued to try to widen the scope of the tax collection base through various schemes in Government controlled areas in an effort to increase State revenues.

We are talking about either direct government employment programs, or large tax credits for businesses that increase the number of workers they employ.

Reducing the budget deficit by limiting government spending and combating a culture of tax avoidance will increase total domestic savings available to invest.

Both are openly opposed not only to the tax increase, but also to the continuing presence of the US Marine base on Okinawa.

Amended legislation on maternity, adoptive leave, parental leave, equality, the introduction of tax individualization and reductions in the tax burden on work, the development of a childcare infrastructure and women's educational achievements had all brought about that increase.

Governments should not increase consolidation efforts just because the slowdown reduces tax revenues, and should not aim at headline deficit targets for next year.

And yet, there they are, denouncing as socialism Obama s health care legislation, or a slight tax increase for the richest 1 of the population.

This does not mean an increase in overall taxation, but simply a substitution in each country of a pollution (carbon) tax for some current taxes.

The associated revenue increase was, at least, across the board, rather than the unbalanced hike in marginal tax rates at the top that was enacted.

The key to recovery, then, is to tax the rich, increase transfers, and restore worker incomes by enhancing union bargaining power and raising minimum wages.

The DPJ suffered a bitter defeat in this summer s upper house election, after Kan abruptly proposed a significant increase in the highly unpopular consumption tax.

Unfit for modern markets, France s tax system actually stifles the country s businesses, reflected in a disturbing increase in bankruptcies among small and medium size companies.

Because a gradual path establishes long run fiscal discipline, it would not crash the bond market, as an outright cancellation of the tax increase might.

With Hatoyama continuing to oppose an increase in consumption tax in the next four years, the issue will be a test of the government s fundamental seriousness.