Exact(5)
Chris Edwards, director for fiscal policy studies at the Cato Institute, a research group in Washington that favors reduced government spending, said the study overstated the percentage of nontaxpaying companies because it computed tax liabilities relative to a company's total income, not to its net profit or earnings.
We also agree with the SAFE Banking Act that to limit the risk and potential cost to taxpayers, caps on the size of an individual bank's liabilities relative to the economy can also serve a useful role (and the same kind of rule should apply to nonbank financial institutions).
Meanwhile, depreciation, a non-cash expense, declined relative to sales, and liabilities relative to assets decreased.
Dodd-Frank, the 2010 law overhauling financial regulations, calls for regulators to impose a ten percent cap on individual financial firms' liabilities relative to the entire system.
He also called for a cap on a firm's liabilities relative to market share, so a small group of banks won't be able to hold an inordinate amount of control over the financial system.
Similar(55)
He boasted of cutting the average tax liability, relative to other states.
First, oral cannabinoids have low abuse liability relative to smoked cannabis.
The report did not assess the liabilities of relatives and so could not calculate their net worth.
In particular, coupled MIP and hygroscopic sorption based micro-porosimetry were used to uncover liability to relative humidity variation, in association with a thorough mineralogical characterization.
The prevalence of joint liability contracts relative to individual contracts exhibits a U-shaped relationship with the wealth of the borrowing household and increases with the wealth dispersion.
Total U.S. debt, including banking liabilities, has soared relative to economic growth over the past 20 years.
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