Sentence examples for reducing loopholes from inspiring English sources

Mr. Lew also described tax reform as a top priority, with an eye to raising more money, lowering rates, reducing loopholes and generally rationalizing the code.

(You can obviously cut personal income taxes by reducing loopholes and tax concessions but no one seems to have mentioned that) Since defence spending has just been quarantined – for better or for worse – the "savings challenge" Abbott refers to inevitably means cuts to social security, health and education.

Of course anyone who had actually read Romney's comprehensive tax proposal understood that he was talking about simplifying the tax code by lowering the tax rates while reducing loopholes and deductions.

He could vow to push through tax reform that would lower rates and reduce loopholes.

In short, fiscal policies are converging rather than diverging.Much economic analysis of tax regimes focuses on the optimal system: the maximum marginal rate, the balance between taxes on consumption and income, the need to reduce loopholes and so on.

Ok, would Kellyanne then support a plan to reduce loopholes (e.g., oil and gas depletion for the world's most profitable industry) to help close the deficit and spur jobs?

Despite industry estimates that the new rules will drive up renovation costs, several senators have announced their plans to introduce more stringent legislation that would reduce loopholes in the current rules and require more testing to ensure vulnerable populations are thoroughly protected.

But it is optional: member states can exclude mail-order goods, and set the limit at £8 instead of £18, which would vastly reduce loophole trade.

To bring budgets into balance and restore growth, the O.E.C.D. calls on governments to shift the fiscal mix away from direct taxes and toward indirect levies — for example, by raising value-added and property taxes and reducing tax loopholes, rather than increasing income tax and social security charges.

Ronald Reagan raised the debt ceiling 17 times, ballooned the deficit, reduced tax loopholes and tax breaks.

We all know it's possible to lower tax rates and keep revenue constant by reducing deductions and loopholes.