They're not asking for a holiday on interest payments or even an interest-rate reduction like Greece.
The current interest rate reduction passed with bipartisan support in 2007, but Republicans have pointed out that then-Sen.
In March, the central bank cut its lending rate by a quarter percentage point, which was its second rate reduction in 2013.
These things are well worth the price for the short- and long-term power of tax-rate reduction, sound currency and unclogged credit arteries.
Like the House-passed stimulus bill, the Senate Republican proposal would also accelerate marginal rate reduction of the 28 percent bracket to 25 percent.
But even if the latest interest-rate reduction halts the deterioration in the economic outlook, it looks unlikely that it will generate enough momentum to speed the recovery.
But more importantly, it is a magic that works beautifully, by accident, in a way Keynes did not forsee, when it operates through policies of tax-rate reduction.
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Mr. Barthold ran an experiment in which he eliminated some major tax expenditures and measured how much of a rate reduction that would permit while remaining revenue neutral.
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Good money was as important as across-the-board tax rate reduction.
So it looks like the next reboot will not be nearly as much fun as the Tax Reform Act of 1986 when it comes to the rate reduction part.
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The letter cites a recent study finding that in 2007 more than 27 million tax returns had dividends qualifying for the tax-rate reduction, and of those, 30% were from taxpayers age 65 and older.
If this letter from Thomas Barthold, Chief of Staff of The Joint Committee on Taxation is any indication it is not going to be nearly as much fun, when it comes to rate reduction this time.
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Quantitative easing (QE) was the catch phrase of the day on Tuesday as the markets digest both the Bank of Japan's new and possibly radical asset purchase program and rate reduction pair, and the prospect of further QE by the Fed.
It provides support for arguments by U.S. companies that they face a competitive disadvantage in the U.S. marketplace, since most non-U.S. multinationals except Japan already have lower taxes before the added bonus of an effective tax rate reduction when they establish an American subsidiary.
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Following two days of sell-offs in stock markets across the globe--and a week ahead of its Federal Open Market Committee meeting (when the rate cut was expected)-- the Fed slashed short-term interest rates by three-quarters of a percentage point, its single most dramatic rate reduction since 1984.
Subscription revenue also declined at the domestic edition in 2009 due to the rate base reduction.
In February 2009, Newsweek announced a circulation rate base reduction at its domestic edition, from 2.6 million to 1.5 million, by January 2010.
That means across-the-board reductions in every facet of military spending other than overseas contingencies and personnel outlays, a chaotic process in which waste would be maximized by the uniformity with which the rate of reduction is applied.
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Recently, Rogers has reported to making reductions to his stakes in several companies, with an average reduction rate of about 50 percent.
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The e-rate offers a reduction on the price of monthly Internet access charges, wiring up classrooms, any special costs attaching to distance learning and basic telephone services.
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Lending institutions will lose profits from current customers who are not developing any problems at their current rate but the reduction would help alleviate the stressed out borrowers who are paying higher rates and are not on time and are reflecting negatively on the lender.
However, biodiversity and ecosystem services are declining at an unprecedented rate and the world failed to reach the Millennium Development Goal (MDG) target of a significant reduction in the rate of biodiversity loss by 2010.
But unless all of the costs fall on the top 5 percent who benefit from the rate cut, any reduction in tax expenditures must raise taxes on low- and middle-income households.
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He may also signal a further reduction in the rate of corporation tax to 20p.
Any further reduction in the rate of tonsillectomy is likely to be associated with a further worsening of this trend.
The difficulty of achieving a reduction in the rate of wage increases ought, in short, to be considerably less than that of achieving absolute cuts.
The Scottish government says that comes from an inflationary increase, a reduction in the rate of successful appeals on rates valuation, and on economic buoyancy.
Its management of the Amazon rainforest is crucial to the health of the planet, which is why the recent large reduction in the rate of deforestation has been so encouraging.
The economic slowdown in the UK as well as a reduction in the rate of corporation tax have led to a 17% drop in corporation tax payments since 2005.
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