Budget proposals that exceed the capped rate need a 60 percent supermajority of votes to pass.
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They capped the interest rate on the new debt below market rates.
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In Bangladesh the government has capped the annual interest rate that microfinance institutions (MFIs) can charge at 27%.
ECONOMIST: Microfinance
The top estate tax rate is capped at 35%.
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Because payroll taxes are capped and he gets a lower rate on his capital gains.
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In America ski boots attract a zero tariff, but golf shoes can face a 10% rate, and steel-toe-capped boots 37.5%.
ECONOMIST: Trade
And the operator said peak fares would be capped at RPI in both years, so long as the annual rate remained below 3.5%.
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The salaries tax is capped at 15%, but only the 10, 000 richest Hong Kong residents pay it at that rate.
ECONOMIST: Hong Kong
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