The phrase "a decrease in taxation" is correct and usable in written English.
It can be used when discussing changes in tax policy or financial matters related to government revenue.
Example: "The new budget proposal includes a decrease in taxation, which is expected to stimulate economic growth."
Alternatives: "a reduction in taxes" or "a cut in taxation".
United Utilities added 6p to 787.5p after the water company said it would raise its final dividend by 7.2% despite a 9.3% fall in full year profits, which was due to a decrease in deferred taxation credit.
The consequences of such actions are generally predictable: a decrease in personal taxation, for example, will lead to an increase in consumption, which will in turn have a stimulating effect on the economy.
A few studies have examined the effects of a decrease in the taxation on spirits by 45% in 2003 on alcohol consumption.
And according to University of Chicago economist Ufuk Akcigit and his collaborators, the most desirable immigrants respond to taxation: a decrease in top tax rates leads to a disproportionately large increase in "superstar" immigrant inventors, for example.
Two studies reach divergent results: Based on panel data, both studies found that consumption of spirits decreased by 7-87-8% the year following the decrease in taxation, however, based on repeated cross sectional data a 6-116-11%rease in total consumption was found [ 52, 53].
Finally we estimate the effects of a 10% decrease in alcohol taxation compared to the current level of taxation, decreasing the tax by €0.01 per 33 cl bottle or can of beer, €0.06 per 75 cl bottle of wine and €0.56 per 70 cl bottle of spirits.
He also received a law degree from Syracuse and a Master of Laws in taxation from New York University.
Subsequently he received his Bachelors, law degree and a LLM in taxation from NYU.
But it would be a revolution in taxation - and in global taxation - if George Osborne goes down this route.
