Sentence examples for contained tax from inspiring English sources

The deal to avert the fiscal cliff contained tax rate increases, which President Obama has been demanding since his 2008 run for the White House.

But in 2005, when the Senate voted on Vice President Dick Cheney's energy bill, which contained tax breaks for big oil companies, Mr. Obama voted for it and she voted against it.

Under pressure from investors, Mr. Sócrates presented an additional package of austerity measures in September that was initially rejected by the Social Democrat opposition because it contained tax increases.

Despite these handicaps, within three years expenditure growth had been contained, tax rates had been cut significantly and revenue increased by nearly a third.It is easy to criticise the sequencing of reforms after the event.

Mr. Hevesi, meanwhile, said yesterday at a news conference that the city was facing a "potential time bomb" because of Mr. Giuliani's proposed $39.5 billion city budget, which the comptroller said contained tax cuts and large union raises that would leave future mayors with dangerous deficits.

But the packages have also contained tax rises (motorway tolls in Portugal, fuel taxes in Greece) and assaults on tax evasion.In Greece, tax evasion seems to be rife among the professional classes, with very few citizens declaring high incomes; one response from the government has been to try to encourage the use of receipts.

The deal also contains tax cuts of up to $1.8 billion, including depreciation incentives for racehorse breeders sought by the Senate Republican leader, Mitch McConnell of Kentucky.

The two sides remain in a deadlock over the president's insistence that the package contain tax increases as well as spending cuts.

The relatively modest Senate bill contains tax breaks for struggling businesses, including home builders; a $7,000 tax credit for buyers of foreclosed properties; $10 billion in tax-exempt bonds for local housing agencies to refinance troubled loans; $4 billion for local governments to buy foreclosed properties; and $100 million to counsel borrowers.

The two parties have agreed in principle that any stimulus package should contain tax breaks to encourage businesses to invest more in new equipment and some sort of payment to low-income people who did not receive rebate checks this summer under the tax cut Mr. Bush signed into law in June.

Its backing was critical to the success of earlier PAN-proposed laws containing tax and pension reforms.The PRI's support equally is needed to pass any energy package in Congress, and the party is flexing its political muscles by submitting its own energy legislation.