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Such taxes are intended to offset the harm to society of a given activity, most commonly the emission of some form of pollution.
A lower corporate rate would offset the harm of higher capital gains and dividend taxes.Mr Obama's plan has no chance of passing Congress in its current form.
It is wishful thinking, however, to believe that a government-regulated marijuana marketplace will raise enough money to offset the harm that today's highly potent drug inflicts on communities across America.
A weaker yen, one of QE's chief consequences, has failed to produce the boom in exports that the government had assumed would help offset the harm done by the consumption-tax hike.That, in turn, is because the trend among big firms to move production overseas has accelerated of late.
Taking a statin pill every day would offset the harm caused by a daily cheeseburger and milkshake, the Imperial College London team said.
Former Office of Management and Budget Director Peter Orszag, now vice chairman of global banking at Citigroup, hit the nail on the head when he told Atlantic Media's Ron Brownstein recently, "There is virtually nothing the super committee could plausibly do that could offset the harm from making the [Bush] tax cuts permanent" because of their very large cost.
Similar(53)
For a contribution, they will plant trees in Siberia or Texas; replace inefficient oil-burning boilers in Portland, Ore . supply energy-saving light bulbs in Jamaica; or take some other conservation measure aimed at offsetting the harm of an individual's commercial flight.
The size of treatment benefit that is large enough to offset the treatment harm is the patient's clinically important difference (CID).
Legend: Target = target outcome that the treatment can prevent Harm = any increase of an adverse outcome due to the treatment CID = clinically important difference ARR = absolute risk reduction ARI = absolute risk increase V = value RV = relative value The CID corresponds to the ARR for the target benefit sufficiently large to exactly offset the treatment harm.
In both cases, the model equation is solved for the required ARRtarget(i) to offset the treatment harm s), given the predicted ARIharm(i) and RVharm/target(i).
Or, likewise: (6) Subtracting from both sides and dividing both sides for Vtarget, we can obtain the required ARRtarget such that the total treatment benefits offset the total treatment harms: (7) where every RV is expressed as the value of that outcome, prevented or caused by the treatment, compared with the value assigned to the target outcome.
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