Sentence examples for reduces tax from inspiring English sources

Mrs. Clinton also cited the growth of the black-market economy, which further reduces tax receipts of overburdened governments.

The government has a vast and growing budget deficit, a real handicap going into a recession, which reduces tax take while boosting welfare spending.

The concession halves duty for breweries producing under 50,000 litres a year and reduces tax on a tapering scale for larger ones brewing up to 300,000.

So, for example, Mr. Bush will call his $1.3 trillion 10-year tax cut equitable because it reduces tax rates for all income brackets.

Like his party's most avid tax-cutters, Mr. Bush has proposed a sweeping five-year, $485 billion tax cut that reduces tax rates across the board.

It increases private sector debt stress, reduces private spending, reduces tax receipts and increases spending on automatic stabilizers.This makes a lot of sense.

Thus, a $10,000 credit reduces taxes by $10,000; in contrast, a $10,000 deduction for someone in next year's 30percentt bracket will reduce taxes by only $3,000.

"It serves no other purpose than to reduce tax.

The legislation was limited to reducing tax rates.

The 1990 budget also included measures to reduce tax evasion.

The collapse of the credit bubble will reduce tax revenues.