Giuliani recognizes that our tax on business profits is now the second highest in the developed world and that encouraging risk taking by reducing the capital gains tax burden will quicken innovation.
The future will be richer the less we place the tax burden upon capital and the more we place it on consumption and property.
FORBES: Taxing Capital Isn't About Fair: It's About Efficiency
And with unemployment stubbornly stuck near 10%, there is no better time than now to relieve domestic workers from the burden of capital income taxation.
WSJ: Thomas F. Cooley and Lee E. Ohanian: The Bush Tax Cuts Never Went Far Enough
The business of laying fibre-optic cable, both terrestrially and under the sea, used to be the preserve of incumbent telecoms operators sharing the burden of capital-intensive projects.
Mr Moscovici now says that he will lighten the burden on capital gains for entrepreneurs, though he has ruled out altering his plans to tax capital and work equally.
Canada's marginal tax burden on capital is higher than America's, and Mr Martin's Liberals seem to have accepted the argument that bringing down the high rate of corporate tax would encourage investment.
This is not only a terrible waste of talent and human capital but also a huge burden on the bottom line.
FORBES: Two Things Any CEO Can Do To Take Control of Health Care Costs
They want the duty at London's airports to remain unchanged, like a 'congestion charge', to encourage airlines to switch services to regions which have the capacity to ease the burden on the capital's busy terminals.
She is also trying to pursue an "asset-light" strategy to avoid the burden of supporting the capital investment needs of building and owning huge water projects.
Douglas Sipkin, an analyst at Wachovia, said that while Merrill's third-quarter and future capital raise would be yet another burden, he believes there is light at the end of the tunnel.
Revenues from the tax could also be used to reduce the deficit or to shift the tax burden from labor or capital to emitters of the gas most responsible for climate change.
WSJ: The Experts: Should There Be a Price on Carbon Emissions?
For some within the supply-side community who believe in creative destruction and the natural power of an economy to renew itself, the solution is stable money (which Federal quantitative easing prevents) reducing the regulatory burden and increasing the capital to labor ratio.
FORBES: The Fed's New NAIRU: Evil Enough To Unite Democrats And Republicans
The best fiscal lever to pump growth is a combined federal tax burden--income, capital gains, dividends, corporate, estate, etc.
The High Burden of State and Federal Capital Gains Taxes.
FORBES: Killing Golden Goose, California Taxes Capital Gains As Ordinary Income
Their proposals to promote more private-sector jobs for the poor by cutting employers' national insurance contributions and shifting the burden of taxation on to capital-intensive activities from labour-intensive ones merit further consideration.
As for capital, well, America's tax burden is rapidly catching up to Europe's.
British Prime Minister Tony Blair, a supposed Clinton clone, is also lightening the burden of his country's capital gains levy.
The government's fairly low debt burden and its strict curbs on capital flight may prevent a rapid collapse of the peso.
In tandem, governments should switch the burden of taxation from consumption to capital by reducing value-added taxes and increasing taxes on capital and wealth.
FORBES: I Must Apologise For One Of My Fellow Englishmen: Simon Tilford In The New York Times
The state's Republican governor, Ed Schafer, likes the idea of co-operatives, and thinks that inheritance and capital-gains taxes are too big a burden for farmers.
ECONOMIST: Can the rules be bent just enough to keep them alive?
Harberger, which found that the burden falls entirely on the owners of capital (and not at all on workers).
FORBES: Bloomberg's Jonathan Weil Is Simply Wrong Here About Apple's Taxes
In the developing world, where governments have less money for big capital projects, this opportunity to spread the financial burden seems very attractive.
Not only would it drive capital to banks in other nations, it also would impose a heavy regulatory burden.
FORBES: IRS Run Amok: Agency Illegally Helping Foreign Governments Collect Taxes?
For 2007, with funds' old capital losses now completely exhausted, investors will find taxes even more of a burden.
Yesterday, in the latest of its economic reforms, the central government announced it will partly lift this burden opening up the sectors to foreign investment, giving them a capital boost.
Under a consumption tax, the burden of taxation would probably fall more heavily on poorer Americans, since most capital, whose returns would not be taxed, is held by the rich.
That's important because although there's no estate tax this year, some inherited assets are subject to higher capital-gains taxes under the 2010 rules, a situation that actually raises the tax burden for some heirs.
And to make sure taxpayers don't shoulder the whole burden, I'm also proposing a Partnership to Rebuild America that attracts private capital to upgrade what our businesses need most: modern ports to move our goods, modern pipelines to withstand a storm, modern schools worthy of our children.
By the way, for those who argue with that second point: when Census looks at the distributional impact of taxes it states that the burden of the corporate income tax is calculated to fall on those who own the corporate capital.
South Africa, with a strong economy, provides attractive fixed-income opportunities while India, with a massive need for infrastructure investment, is a hard market to access given relatively under-developed capital markets. (Read: No Credit Bubble In Brazil, Just Dangerous Consumer Debt Burden).
FORBES: Emerging Market Growth Fell To Lowest Level In Two Years In Q2
应用推荐