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Water restrictions also stimulate savings.
Two budget measures appear designed to stimulate savings by enhancing the attractions of existing schemes.
Several legislators have proposed their own plans to stimulate savings, primarily by enlarging the use of the I.R.A.
●On finance, reform and simplify the tax code to stimulate savings; make health-care costs more visible; and help bring home the more than $2 trillion sitting offshore.
In order to stimulate savings & investment, relief would be provided disproportionately to upper-income families, since, the theory held, the wealthiest citizens would be in the best position to devote their tax windfall to investment in new production.
Incidentally, there's no need for BoE to put up rates to stimulate savings: BB has been running TV adverts for their 12 month savings product offering 6.7%, for instance.
Similar(54)
It is commonly believed that since saving is a source of funding for investment, any policy that is designed to stimulate saving, will also stimulate investment.
A serious policy to reduce the trade deficit should concentrate on tax reforms to stimulate saving, not on Japan-bashing and all its attendant dangers.
Many academics now believe this should have been done more gradually.Another priority is to stimulate saving and borrowing in local currencies.
Yes, successful economies have many things in common: they all engage in the global economy, maintain macroeconomic stability, stimulate saving and investment, provide market-oriented incentives, and are reasonably well governed.
It proved difficult, however, to eliminate the budget deficit, and in 1986 the government was forced to increase energy and payroll taxes and to impose new austerity measures to curb private consumption, stimulate saving, and make private borrowing less attractive.
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