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You can ignore inconvenient facts so rigorously that your picture of the world is one big distortion.
But getting rid of a big distortion requires a bigger tax cut than getting rid of a small one.
"Everything you're hearing from the Republicans is aimed at one big distortion: to convince the other 98 percent that they're going to get a tax increase".
"It's overwhelmingly housing — that's the big distortion relative to other places," said Frank Braconi, the chief economist in the New York City comptroller's office.
Many of these allowances are fiendishly complicated; they distort business decisions and raise the cost of tax compliance.The Treasury is also worried about another big distortion caused by the corporate tax system the incentive it gives to use debt rather than equity finance.
But it means that the bonds have technically been issued by a Caribbean entity, not a Chinese or Brazilian one.In this section The dodgiest duo in the suspect six Every man for himself The truck stops here Celestial Suruga Opprobrium from the atrium Advice and dissent Weil walks Worse than nothing Invisible bonds Forget the 1% ReprintsThis is a big distortion.
Similar(51)
But it has generated big distortions.
The whole debate about so-called "liberal interventionism" is bedevilled by two big distortions.
But his ideas are not suited to isolated quotation, which generally leads to big distortions in what Smith really wanted to say.
They would divert as much trade as they created and introduce big distortions.For most of the post-war period, the optimistic view prevailed as regional and multilateral liberalisation proceeded in tandem, albeit unevenly.
The main perceptual model (shown in panel titled 'main' in this figure and detailed in Figure 4) is executed four times with different parameters based on whether big distortions are flagged by the first model.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com