Britain is imposing additional taxes on bankers' bonuses, America is imposing extra taxes on banks' liabilities, and central bankers are pondering ingenious ways to intervene in overheated markets.
"I don't have the power to impose additional taxes the way you do here," he said, explaining that the national government assesses all taxes in Chile.
In New Jersey, municipalities are responsible for covering education costs but are not allowed to impose additional taxes, like a sales tax, to help pay for them.
"I don't think we should be imposing additional taxes on working families at a time when the economy is so fragile," she said.
That same year, he promoted a ballot initiative that would have made it more difficult to impose additional taxes or increase spending in the state.
However, we expect the execution risk profile to rise as it transitions to underground mining and highlight rising industry-wide taxation risks amid high commodity prices that have prompted some governments to consider imposing additional taxes.
There has not been much talk of imposing additional taxes on shipping firms, mostly out of fear that they would join the majority of large Greek companies in relocating elsewhere.
But the alternative tax is not indexed for inflation, which means that it is on track to hit 30 million mostly upper-middle-class families by 2010 (the truly rich, for a variety of reasons, almost always escape the alternative tax), imposing additional taxes on them beyond the requirements of the ordinary tax code.
Canadas finance minister, Jim Flaherty, despite his partys pledge less than a year ago not to impose additional taxes on the trusts, announced late Tuesday that the government proposes to tax trust distributions at regular corporate income tax rates effectively eliminating the chief advantage of the trust structure as a flow-through entity.
