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For instance, Italy spends 8.1% of its GDP on such tax breaks a year.
In 2009 10, for example, the government spent £27.3bn on such tax credits.
The I.R.S., in its attempt to crack down on such tax shelters, has said it will go after promoters, who can face fines and disciplinary measures.
But some educators, who contend that used computers can cause more problems than they solve, have frowned on such tax incentives.
Given Democrats' past weakness in fending off right-wing attacks on tax hikes, don't count on such tax increases to be actually implemented if such a deficit deal is reached.
Similar(53)
Initially – with only Washington County in the program – he estimates that lost revenues will amount to $35m a year – out of $2.3bn on such taxes collected – and suggests this could be paid for via budget cuts.
6 7 Simulation studies have suggested that imposing taxes on foods such as sugar sweetened beverages 8 9 or foods high in saturated fats and salt 10 11 could result in reductions in obesity and cardiovascular mortality, although because of a lack of relevant data the actual impact of such taxes on different population subsections is largely unknown.
It asked Judge Gonzalez not to confirm any plan that would close the door on pursuing such tax claims.
Economists refer to such taxes — on alcohol or pollution, for example — as externality taxes.
In most countries death is considered a taxable event, with justification for such taxes standing on legal and social grounds.
Such a tax might also encourage consumers to live healthier lives.Support for another such tax, on junk food, is now spreading, especially in America.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com