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However, some of those tax expenditures exist for good economic reasons, and the provision of favorable tax treatment for retirement saving is one of them.
FORBES: Why Retirement Plan Tax Preferences are Not as Expensive as You Might Think
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Indeed, one of the strongest arguments for a shift to individual provision is that it should raise the personal saving rate, which would help to foster economic growth.
ECONOMIST: Passing the buck | The
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Their counsel Gerry Moynihan QC told the court that in so far as the women were part of a team, their right to conscientious objection extended to the whole of their duties, save for the provision that there was an obligation to participate in life-saving measures.
BBC: Catholic midwives win appeal over abortion case
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Mr Moynihan told Lord Mackay, sitting with Lady Dorrian and Lord McEwan, that in so far as the women were part of a team their right to conscientious objection extended to the whole of their duties, save for the provision that there was an obligation to participate in life-saving measures.
BBC: Catholic midwives appeal ruling over abortion case
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Employers have been the cornerstone of pension provision for millions of workers in the last few decades, and just when saving levels need to increase they are reducing.
BBC: Peter Thompson's speech
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As Congressional leaders struggle to fashion an energy bill that can become law this year, one provision that's likely to be sacrificed is the extension of the tax credit for energy-saving home improvements.
FORBES: Energy Tax Breaks: About To Expire