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Anticipating complaints, regulators have already fashioned multiple exemptions to the ban, allowing banks to place trades when hedging against risk.
(Simple in premise, the Volcker Rule is in fact incredibly complex and contains multiple exemptions too large and purposeful to be called loopholes).
According to the NRC's official exemption database, meanwhile, Indian Point has received just six, although multiple exemptions may be included with each listing.
The Duchy of Cornwall, a $1 billion portfolio of land and property interests that funds the public and private activities of Charles and his family, operates as a company but benefits from multiple exemptions and privileges, pointed out Smith.
When the federal government recently announced plans to raise taxes on farmers (who benefit from multiple exemptions) as part of a wider fiscal overhaul, the governor of the state, Manuel Lopez Valdez, traveled to the nation's capital to personally lobby top lawmakers.
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(No, before you entertain lurid ideas, you can't stockpile multiple spousal exemptions through serial marriages. Only what is left of your last late spouse's exemption counts).
Since I do not benefit from married tax rates, multiple dependency exemptions, child tax credits or housing-related deductions, my effective tax rate is often 10 percentage points higher than that of most of my married friends with identical incomes.
And you don't read or hear much about the how the citizens of New York City continue to subsidize the billion dollar private entertainment corporation known as the New York Yankees by way of multiple tax exemptions.
The plans to restrict child tax credits to two children for new claimants from 2017 incorporate a number of exemptions, including multiple births, and set out that "the Department for Work and Pensions and HMRC will develop protections for women who have a third child as a result of rape or other exceptional circumstances".
Currently, all of the states license most child care centers, yet there are still multiple types of licensing exemptions for programs, ranging from church-sponsored centers, to half-day preschool programs, to government-run centers, to those operated by a university or college (NARA & NCCIC, 2010).
Even fiscally purist Estonia, which adopted a land tax after it regained independence in 1991, now has multiple bands, including an exemption for homeowners.A third problem is that valuation of the high-priced urban land (rarely sold as vacant plots) may be tricky and controversial.
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