She had asked Prof Morgan and Juliet Luporini, from the business rates task and finish group, to seek the views of charities, business and others.

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She outlined her commitment to supporting businesses as she noted that matters relating to Business Rates policy in Wales are being considered by the Business Rates Review Task and Finish Group, which will be reporting shortly.

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This complicates the task for central bankers of setting interest rates.

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Raising rates on a national sales tax would be a difficult task.

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Boehner and Ryan even appear to be fantasizing that their task has been made easier by all of the growth-killing increases in marginal tax rates that they voted for recently.

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The other big task for the economic team will be coping with the strength of the real (propelled partly by those high interest rates).

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