And the next question, which William Hague is asking as well is what about other taxes?
Many supporters of a carbon tax would offset the added revenue by cutting other taxes.
Unless public spending were slashed, other taxes would have to rise to meet this shortfall.
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He is also working on cutting other taxes for labour-intensive industries, such as textiles and shoes.
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Among other taxes and penalties, the IRS imposed accuracy-related penalties, including the 40% gross valuation misstatement penalty.
If either were to go, that revenue would have to be found elsewhere by raising other taxes.
Focusing exclusively on federal income taxes hides the fact that most Americans pay plenty of other taxes.
"These other taxes tend to be easier and less volatile since they're not dependent on profits, " he added.
With the revenue from green taxes, governments can cut other taxes and still raise the same total amount.
But the more serious problem with the argument is that it implicitly holds other taxes and government spending constant.
According to authorities, Mr. Toro took deductions from his employees' paychecks but failed to pay sales and other taxes.
The Commission does not however estimate the reductions in receipts from other taxes.
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You also give up the ability to use losses to offset other taxes.
Other taxes include a Medical Device Tax, Individual Mandate Non-Compliance Tax, High Medical Bills Tax, and Flexible Spending Account Tax.
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Adjusted gross income also is the threshold determining eligibility for a host of other taxes and tax benefits, especially in 2013.
Meanwhile, Rudy Giuliani and Mitt Romney attacked each other taxes and spending.
So Romney is reluctant to release his other taxes due to tithing.
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After all, the people who are employed as a result of this tax reduction are going to ultimately pay income and other taxes.
And some jobs would be lost elsewhere, as the Dutch government plans to raise other taxes to make up for the lost revenue.
All of the companies pay considerable amounts of other taxes in the UK, such as National Insurance, and raise large sums of VAT.
Raising income taxes would still need to pass in a statewide vote, which is necessary to raise the income and other taxes in Colorado.
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Other taxes on production consist of all taxes, except taxes on products, payable by enterprises in connection with their participation in the production process.
What is the link between famine today and the IMF demands for reducing wheat subsidies, hiking fuel prices by 60% and boosting other taxes?
They can sell shares that have dropped in value, buy them back after 30 days, and then use the losses to offset other taxes.
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In addition, the increased savings and investment through the personal accounts generates increased revenues from the corporate income tax and other taxes on corporate income.
Many other taxes do not need to attain perfection to work.
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Connecticut is not alone in fiddling with sales and other taxes.
Some might make their carbon tax revenue-neutral by reducing other taxes.
Without green taxes, governments have to raise revenue through other taxes.
Here is a cursory look at some of the other taxes.
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