QUOTES WITH «FISCAL DRAG»
Famous quotes and sentences with the word
fiscal drag.
The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.
10 ENGLISH BOOKS RELATING TO «FISCAL DRAG»
Discover the use of
fiscal drag in the following bibliographical selection. Books relating to
fiscal drag and brief extracts from same to provide context of its use in English literature.
1
Economics: A Southern African Perspective
MissC Professor D GOVERNMENT'S HIDDEN GAIN Estimated total effect of
fiscal drag (Source: Ian Bailey) Total lax in 1972 587,5 Increase in employment (
29,33 l 172,3 Total lax in 1992 (real terms) 760,0 Inflated using inflation index (
1183 ...
2
Institutional Economics and National Competitiveness
In general, fiscal drag is a phenomenon that appears in income tax. In addition,
fiscal drag also occurs in other taxes where allowances fail to keep pace with
underlying growth in the tax base. For instance, the fiscal drag phenomenon can
be ...
The size of potential fiscal drag effects is to a large extent determined by the
magnitude of changes in wage levels. Table S.A3 in the annex shows that, during
the 2000-2006 period, average wages increased by more than 40% in 9
countries.
4
Handbook of
Fiscal Policy
The Federal Reserve did not employ monetary policies to offset these
expansionary full-employment deficits, and decade-long inflation resulted.45
Fiscal Dividend or Drag Both of the terms fiscal dividend and fiscal drag have
been used to ...
5
Routledge Dictionary of Economics
Tax reductions and/or increases in government expenditures. fiscal drag (H3) 1.
The reduction in personal disposable income resulting from tax rates not being
adjusted for INFLATION. 2. The increase of tax revenue at a faster rate than
public ...
6
Budgetary strategies for
fiscal years 1979-1983: a report to ...
The fiscal drag offset indicates a rough estimate of the amount by which
expenditures would have to be increased (low end of range) or taxes cut (high
end of range) to keep the economy on the growth path set out in Table 1 if the
nonfederal ...
United States. Congressional Budget Office, 1978
7
Divided We Stand Why Inequality Keeps Rising: Why Inequality ...
In the context of income taxes, the mechanism of automatically increasing
revenues is often referred to as “fiscal drag”. For simplicity, this term will be used
below to refer to changes in either tax or benefit amounts that result from
changing ...
8
The Structure and Reform of Direct Taxation (Routledge Revivals)
In the absence of any bracket indexation there is the phenomenon of 'fiscal drag',
namely that when money incomes per head go up then, with a progressive tax
system, the proportion of the total national income which is levied in direct taxes ...
Discretionary Discretionary policy refers to policies, which are decided, and
implemented, by one-off policy changes. Automatic Automatic stabilisation,
where the economy can be stabilised by processes called fiscal drag and fiscal
boost.
10
The Distribution and Redistribution of Income: A ...
9 In the discussion in Blinder and Solow ( 1974) referred to in note 4, the
automatic component of dS* is termed fiscal drag. Kay and Morris (1984, pp. 361-
2) use the terms built-in flexibility and fiscal drag almost synonymously, stating
that ...
10 NEWS ITEMS WHICH INCLUDE THE TERM «FISCAL DRAG»
Find out what the national and international press are talking about and how the term
fiscal drag is used in the context of the following news items.
Employment trends under Abbott not as bright as they seem
Half of the jobs coming on stream tend to be publicly funded or regulated by the poor old taxpayers via fiscal drag. This antipodean version of ... «The Australian, Jul 15»
Budget 2015: how welfare cuts softened the blow to public services
The invisibility of this fiscal drag allows the government to headline its tax reductions, despite the burden getting heavier over five years. «The Conversation UK, Jul 15»
Rathbones' Chillingworth: UK growth outlook has stabilised
CIO Chillingworth says changes to the deficit, or the fiscal drag, will become “less onerous, to the scale of 0.5 per cent of GDP each year,” but ... «Fundweb, Jul 15»
UK: Budget will highlight the coming fiscal drag – BTMU
FXStreet (Barcelona) - The UK Budget today won't pout any major surprises but will highlight that there remains plenty of fiscal consolidation ... «FXStreet, Jul 15»
Budget 2015: 130000 professionals taken out of the 40p tax rate
Stephen Herring, head of taxation at the Institute of Directors, said the change dealt with the problem of “fiscal drag” that has dragged those on ... «Telegraph.co.uk, Jul 15»
Osborne raises income tax thresholds
More taxpayers are now paying this tax rate as a result of the “fiscal drag” that sets wage inflation against the relatively static threshold. «Financial Times, Jul 15»
Your guide to the Budget 2015 buzzwords
We bandy these words about: debt, deficit, duty, fiscal drag, especially at the time of the chancellor's Budget, but what do they actually mean? «BBC News, Jul 15»
Oz Think Tank Calls For GST, Superannuation Reform
... income tax burdens increase, the Government is "likely to face strong pressure to return some of the fiscal drag by changing the tax scales.". «Tax-news.com, Jul 15»
Multi-manager verdict: Is property on the rise?
... consumption being supported by a return of real wage growth, fiscal drag continuing to ease and the much feared slump in capital investment ... «Fundweb, Jul 15»
Gen Y to be slugged $100000 in extra taxes for Canberra's budget …
... anticipated budget repair over the next four years onto the burden of fiscal drag, or the process by which wage hikes push workers into higher ... «The Australian Financial Review, Jul 15»