After that, my fellow Forbes contributor Jerry Bowyer makes the point that a consumption tax would penalize those who spent their lives paying income taxes and delaying consumption, only to enter their golden consumption years giving the federal government a big cut.
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Mr. Shin: The power consumption is only half of what is in the market.
Growth has been driven by capital formation, consumption and only marginally by net exports.
The AE1901's power consumption is only 20% of that of a normal PC (250W).
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In the most recently reported calendar quarter, personal consumption is only up about 3.3 percent from the pre-crisis peak.
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Consumption can only drive GDP growth for so long without an increase in hiring and wages to replenish what gets consumed.
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The Democrats will argue that there is room for revision: among 23 rich countries which also tax consumption, only four, Denmark, Japan, New Zealand and Norway, do it on food at the full rate.
We expect global steel consumption to increase only moderately later this year as the consumption in the U.S., China and Brazil recovers.
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"Online viewing was accounting for 20% of media consumption, but only 3% of media spending, " he recalls.
Furthermore, healthcare consumption is not only a cause, but is also an effect of lengthening lifespan.
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Toward this aim, raising the consumption tax is only the first step.
Over the last seven recessions before the latest one, reduced consumer consumption accounted for only 7.3% of the contribution to the negative GDP result.
The futures price for delivery in January, at the peak of consumption, is only 94.9 cents, leaving no spread over today's price to pay storage costs.
But America's famous shoppers flagged: consumption grew by only 1.9%.
She also suggested comparisons with UK alcohol sales suggest that surveys including this one may be underestimating the extent of consumption and may only represent 55-60% of the real figure.
The FairTax, which taxes only consumption, and does not tax savings and investment at all, will produce the highest rate of economic growth of any of the proposed tax reform plans.
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This means that there is plenty of scope for a rapid rise in consumption, if only households can become confident enough to lower their saving rate to the 12% level of the early 1990s and use up some of their past savings.
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It looks progressive relative to other rich countries only because consumption taxes elsewhere are regressive.
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"In the past, baijiu was only for consumption, " says Liu Xiaowei, chairman of auction house Beijing Googut Auction Co.
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Amtrak sells alcohol in most of its dining and lounge cars but permits the consumption of private stock only in sleeper cars.
This aggravated the overcapacity problem that only domestic consumption can fix.
Consumers can interrogate this server from a PC or iPhone to see not only the consumption pattern of various appliances attached to smart plugs around the home, but also to send instructions back to switch them on or off.
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They would ensure that millions of people in effect paid tax only on their consumption.
I'm running it today because science consumption doesn't happen only through what we read in the news media.
In the years since, the population has grown from 3 billion to 7 billion and consumption of fossil fuels has only accelerated.
Consumption in China accounted for only 33.8% of GDP in 2010, and it does not appear there was any significant movement in that number last year.
Not only is sugar consumption going down, but obesity rates among girls and women have actually stayed flat since 1999, according to Cynthia Ogden, a scientist with the Centers for Disease Control and Prevention (CDC).
Not only is diminished consumption not as painful as it might seem, the Kubackis say, but the change has also brought a fuller and more enjoyable lifestyle than at any time when Karin was earning a regular paycheck.
But whether or not China helped cause the crisis, there is not much debate that it needs to be part of the solution, because without higher Chinese consumption in China, the only way the global economy will become more balanced in future, with less debt on countries like Britain and America, is by those countries also having little or no economic growth.
Because this is true, the only way to expand consumption is to boost production.
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