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This implicit tax on agriculture skewed Indians' investment decisions.
Ideally, the health care law should minimize what is essentially an implicit tax on hiring.
And according to Oxera, a British consultancy, even with that implicit tax on carbon-based power generation, new nuclear plants would not be economic without government help.But if the implicit tax rose, that might change.
Tax benefits range from implicit tax subsidies for employer-provided health insurance to the mortgage-interest tax deduction.
China's capital controls also make it hard for depositors to escape this implicit tax by taking their money abroad.
In a sense, the fans pay an implicit tax in the form of teams that perform worse.
Yet its existence was predicated on an implicit tax foisted on the nation's phone bills by its monopoly.
Its central bank caps the interest rate that banks can pay depositors, imposing an implicit tax on their savings.
The welfare system imposes a steep implicit tax on low-skilled workers, discouraging them from taking jobs.
In 1991 Chile imposed an implicit tax on inflows of short-term capital to reduce the aggregate inflow.
By raising the cost of doing business, the regulatory thicket acts as an implicit tax on investing in India.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com