State and local law makers have turned the energy industry into tax collectors and in the process increased the burden imposed on rate-payers.
Floating-rate mortgages last year reduced many borrowers' payment burden as the Bank of England dropped its base rate to 0.5% and lenders adjusted their standard variable rates downward in response.
And because most British mortgages are at variable interest rates, or are fixed for only a few years, sharp cuts in rates in Britain eased the burden on debtors more than rate cuts did in America, where many more mortgages are at fixed rates.
Second, America and a few countries cannot be expected to bear the burden of the fiscal and interest rate stimulus alone.
On March 22, Mr. Brozzetti sent a letter to the bank requesting an exemption from the increase "due to the substantial burden" he expects the higher rate would have on his business.
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The single currency has deprived its members of any independent control over monetary policy or the exchange rate, so the burden of any necessary response to a recession falls more on fiscal policy.
The president and many in Washington are complacent because, thanks to the Fed's unprecedented near-zero interest rate policy, the burden of servicing the debt today is just 0.9% of GDP, the lowest level in over five decades.
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There is ample evidence that Britain's tax burden has been growing at a worrying rate.
The government in Budapest is offering to take on the burden for three years by fixing an exchange rate at which some households can pay mortgage interest.
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Paying a little more than is necessary, they are able to move the tax burden into a country with a lower corporate rate while still acquiring the materials they need to continue to meet American demand.
Homeowners need to recognize that when they vote for a local bond deal or tax rate increase, the resulting financial debt burden may ultimately fall on their children.
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Another potential complication is how the growing burden of financing the dividend could impact the dividend growth rate going forward.
Republicans want to cut the corporate tax rate of 35 percent and ease the tax burden on money that U.S. companies make abroad.
Effective tax rates can also be affective for analyzing corporate taxes because the statutory rate does not reflect who ultimately bears the burden of the tax.
In the short term, a simpler explanation may be that a low savings rate has left American consumers with a heavy debt burden.
The growth rate of the country must be crimped by this ongoing construct of financial burden carried by college graduates who need to postpone marriage and family formation.
Provided the economy grows at a similar rate and the next government slows the rise in the minimum wage, the pension burden will be just about manageable.
But he hinted that the rate would be lower than 75 per cent, pointing out that the constitutional council had indicated that a total tax burden above that level, including other levies, "could be judged as a confiscatory rate" by the council.
They found that, even with one form of rebate, this version of a VAT would impose a larger tax burden on low- and moderate-income households than an across-the-board income tax rate increase.
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With manufacturing struggling under the burden of a high pound and exports plummeting, the Bank might be tempted to keep its base rate - which sets the trend across the economy - on hold at 6%.
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