Sentence examples for eroded tax from inspiring English sources

Then the Great Recession further eroded tax revenue.

The central government's own deficit-cutting plans have fallen behind schedule, as a deepening recession has eroded tax receipts.

Deflation and weak economic growth have eroded tax revenues, while a steep decline in property prices has hurt government profits from the sale of land leases.

Success by Mr. Breton is crucial to the conservative government of Prime Minister Jean-Pierre Raffarin, which is struggling with an economic slowdown that has eroded tax revenue and raised the cost of unemployment benefits.

This group includes eight members of the European Union, all of which have to repay their debts from an eroded tax base.

Mr. Raffarin is struggling to balance the fulfillment of campaign promises for more spending on the military and public safety with eroded tax revenues and higher costs for unemployment benefits as a result of an economic slowdown.

Partly because of the weak economy but even more because of states' eroding tax base and mushrooming health costs, almost every state is facing a serious budget crunch.

Still, he said, it was hard to balance what is now a $40 million annual budget on a constantly eroding tax base.

"When you have a city that's really struggling with unemployment and an eroding tax base, you can't maintain everything, you have to be strategic about what you put your money into," Mr. Dueweke said.

The main reason that government finances across Europe are deteriorating is not excessive spending, the commission said; rather, it is economic weakness, which erodes tax collections and other public revenue and imposes higher costs for social programs.

Tightening the belt slows growth even more, eroding tax revenue and -- you guessed it -- increasing the debt burden, at least in the short term.Of course, the best way to avoid a debt spiral is to avoid running up a lot of debt in the first place -- when the economy is doing well.