Exact(7)
Because the country needs to save more, taxing savings makes no sense.
The pooling of savings makes financial assets much more liquid.
"Using state-aid powers to claw back tax savings makes the powers of the ordinary tax inspector look benign," says Bertold Bär-Bouyssière of DLA Piper, a law firm.
Critics say that diverting money from the fund for general spending, instead of using it on emissions control and energy savings, makes the initiative little more than a hidden tax on electricity.
If being employed and having savings makes partners less likely to hit each other, and more likely to split up if they do, it might also make parents less likely to become depressed, and to take out other frustrations on their children.Whatever the reason, babies are bucking a strong national trend.
Deducting 2% or 3% each year from a lifetime of savings makes a huge difference.
Similar(53)
The savings made by the ODA are now at £1.032bn.
Cost savings make Vodafone's punchy bid for Kabel Deutschland palatable.
Some of the savings made by the airport stores can be quite significant.
Other cuts would come from savings made by optimizing spending on information technology, the bank said.
But the savings made – first and foremost via printing contracts – are helped by relatively small numbers.
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