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Exact(30)
There were no changes to the superannuation concessions that see $27bn in foregone revenue each year.
If executed properly, the rules could cost them billions in foregone profit.
The subsidy costs the Treasury more than $5 billion in foregone revenues; the Government Accountability Office has said that ethanol can flourish without it.
There are fundamental equity issues here – superannuation tax breaks cost over $25bn in foregone revenue – over 10% of income tax – and growing fast.
In contrast, the Israeli economy would lose some $250 billion in foregone economic opportunities in a return to violence, and the Palestinians would see their per-capita gross domestic product fall by as much as 46 percent, the report said.
The benefit, which has been used primarily for luxury development, cost the city $408 million in foregone tax revenue in 2006, according to the city's finance department, and a projected $930 million in 2011, the Independent Budget Office said.
Similar(30)
Delays in implementing CI at this stage are more likely to result in benefits foregone, in particular neonatal deaths and stillbirths.
It's easier to believe in a foregone conclusion than to accept that our lives are governed by chance.
This and other superannuation concessions – for example that investment earnings (including capital gains) can be tax exempt if they are from assets supporting superannuation pensions – means $32.1bn in revenue foregone.
By the time they hit the locker room at the half, their chances to put some doubt in the foregone conclusion was already missed.
There are no shoo-ins and no foregone conclusions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com