Sentence examples for basic principle of tax from inspiring English sources

Small wonder that the president proposed the Buffett rule, as Jason Furman, deputy director of the National Economic Council put it, "as a basic principle of tax fairness".Alan Viard, an economist at the American Enterprise Institute, a conservative think-tank, describes the bill far less sexily: "It boils down to a partial rollback of the preferential rate for long-term capital gains".

A basic principle of tax law prevents taxpayers from avoiding tax by having their income paid to others (especially others in lower tax brackets or, like the Trump Foundation, who are exempt from income tax altogether).

The tax therefore violates two basic principles of tax fairness: that income can be taxed only once by a taxing authority and that capital gains cannot be taxed until they are realized, that is, until underlying assets are actually sold at a profit.

A basic principle of taxation is that different ways of doing the same thing should face more or less the same tax rates.

That is why a basic principle of good tax policy has long been to charge a low rate over a broad base.It is a target which many countries miss, and the gap is growing.

Early in Labour's first term, Chancellor Gordon Brown took important steps to implement the basic principle of green taxation, that tax should be raised on polluting and environmentally destructive behaviour, with the revenues used to pay for green initiatives and to cut taxes on employment.

The basic principle of this strategy -- which was also used to sell that $2 trillion tax cut -- was that crises weren't problems to be solved.

A basic principle of Pres.

That is the basic principle of democracy.

The basic principle of the a levy is sound.

"It's a basic principle of the right to know.