For expanding domestic demand, this paper analyses the effect of labor income tax reduction.

为了实现扩大内需，分析了劳动所得减税在不同行业和地区的经济效果。

youdao

Earlier this month the bank reversed its decision to delay paying staff bonuses in the UK to take advantage of a reduction in tax rates coming into effect in April.

BBC: Business

Although this plan does less than Mr McCain's to shift taxation from income towards consumption, the reduction of marginal tax rates could have a bigger effect on economic growth.

ECONOMIST: Republican fiscal policies