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Exact(13)
Social Security can also add a layer of multiple taxation.
He then furthered the depletion of the once-enormous resources he had gathered, through multiple taxation, by launching a vast construction program.
The rates for the working poor and the rich are fairly close together, Professor Kotlikoff said, in part because of the disproportionate effect of multiple taxation on low-income families.
And unlike the double taxation of dividends, which mainly affects the wealthy, the burden of other forms of multiple taxation -- sales taxes, import taxes, payroll taxes, among others -- often falls most heavily on poorer Americans.
Subsidiaries of multinational corporations usually pay income taxes where they operate, so having their headquarters in Switzerland can help companies avoid multiple taxation in high-tax countries, thereby safeguarding productive capital for investment.
There are also disadvantages to holding companies, including the possibility of multiple taxation and the danger that the high rate of leverage will amplify the earnings fluctuations (be they losses or gains) of the operating companies.
Similar(47)
MULTIPLE-STATE taxation is a "crazy hodgepodge of rules and systems," said Stephen W. Kidder, a lawyer in Boston who deals with the issue on behalf of the baseball, football and hockey players' unions.
The reasons for this perception of taxation were multiple.
Please note: The top 1percentt are escaping proportionate taxation on sums in excess of tens of millions (sometimes multiples of billions of dollars per year.
All three economic evaluations were conducted alongside randomized controlled trials, within a taxation-based health care system (Canada and UK) and involved multiple home visits by health care professionals (case managers, physicians and rehab nurses).
Lau says that many of her clients are beneficiaries of multiple trusts–usually dynasty or generation-skipping trusts, which protect even more principal from taxation.
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