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Does this mean there is scope for tax increases?
The economic and fiscal squeeze has narrowed their scope for tax reform too.
American policy makers might consider global taxation treaties, to reduce the scope for tax competition.
Even if Thierry Breton stays on as finance minister, there is little scope for tax cuts, given the public finances.
The widespread use by mining firms of offshore investment vehicles as conduits for mining profits creates scope for tax avoidance.
The public sector's share of the economy is already greater than Sweden's, which limits the scope for tax increases.
Similar(47)
The Tories now say that should they win the next election (more likely than not), and have scope for tax-cutting (rather less likely), the first beneficiaries would be businesses and those on low and middle incomes; reversing Mr Darling's higher-rate changes would "not be a priority".
The prevailing mood among Democrats and Republicans alike is that the surplus provides scope both for tax cuts and spending increases; the only question is the mix.In economic terms, the obvious candidate for spending cuts is Social Security.
Mr. Thomsen said he hoped for an increase in tax collection but did not see any scope for further tax increases.
That greatly limits the scope for universal tax cuts on the personal side, and so does the G.O.P.'s determination to abolish the Alternative Minimum Tax, which is designed to insure that wealthy people with clever accountants, such as Trump, pay at least some federal taxes.
And the scope for further tax increases seems to be shrinking.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com