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Yet with Greece's gross national product having dropped 20 percent since 2009 and unemployment soaring to 21 percent, fierce opposition to the bailout terms — tax increases and wage cuts — has led to the implosion of the Socialist and New Democracy Parties, and the rise of parties on the right and the left that oppose the loan deal.
As previously noted, economic performance during the Bush-era expansion was relatively poor, income tax revenue immediately fell in response, and in real per capita terms tax revenue has never recovered.
Similar(58)
Subsequently, to avoid confusion, the terms taxes (singular: taxis) and kineses were introduced by other investigators to refer to animal responses other than those of sedentary, plantlike forms.
But the extra levy on cigarettes of nearly 20p a packet, is another sharp real-terms tax increase, and will be felt most keenly towards the bottom of the income distribution.
Such warnings allow the Conservatives to talk of Labour's "third-term tax rises".
Mr. Long responds that the term "tax" in the 1867 law has been interpreted very broadly.
The Supreme Court had interpreted the term "tax" very broadly for purposes of the law.
In 2001 the administration rammed through long-term tax cuts, heavily tilted toward the affluent.
In the short term, tax policy is not an effective means of fine-tuning the economy.
Republicans insist that the one-time stimulus be combined with long-term tax reduction.
So over the short term, tax increases are probably necessary, though they have their own problems.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com