Faced with poor earnings in 1996, he cut his own compensation to zero rather than cut staff.
Under the zero-10 policy, which sees tax on corporate profits cut from zero for some firms and 10% for others, these companies would no longer make a direct contribution to Jersey.
BBC: NEWS | Europe | Jersey | Foreign workers' tax plans dumped
Corporate tax on foreign multinational companies investing in Ireland was cut to zero in 1957.
In return, the company agreed to make up the hole in its annual budget that the Park Board will face as its government subsidy is gradually cut to zero over the next ten years.
His aim is to keep up the pressure so that, by the 2006 election, net borrowing will have been cut to zero and a start can be made on reducing the mountain of accumulated debt, now about DM1, 500 billion.
That's despite the fact that America's Federal Reserve has cut interest rates three times this year and the Bank of Tokyo has cut rates to zero.
Considering that quantitative easing is effectively the same as an interest rate cut below a zero bound, the yield curve is very steep even with 10-year yields just below 2%.
FORBES: Interest Rates, Equities And Bonds: Getting Ahead Of The Curve
He has been an economist supporting cut-to-zero bailout policies, well, since they were invented.
In 1999, the Bank of Japan cut interest rates to zero, as part of its plan to halt the slide in prices.
Cut development expenses to zero, switch to dated but cheap technology, under-depreciate, change pension fund assumptions, bleed non-executive salaries and defer benefits etc.
FORBES: Pundits, Bud Fox, His Father and Today's Investors on Wall Street
Wal-Mart said it stands by its zero-tolerance policy to automatically cut ties with suppliers that violate its safety standards or engage in unauthorized subcontracting.
With an oddly cut mustacheless beard and zero fashion sense, he seems out of place in the polished art world in which he travels.
The number kept waiting more than 18 months for treatment has been cut from 155 to zero since the election, but the number waiting for 12-18 months has more than doubled to 68, 900.
Clearly, though, the Bloom Box is still not a zero emissions tech and would only cut emissions by roughly 50% relative to the national average, unless it runs on landfill gas or biogas or hydrogen from electrolysis fueled by zero-carbon electricity (which would be much more expensive as you have to add cost of electrolysis unit, higher cost electricity, and about 30% conversion losses in electrolysis).
FORBES: The Economics of Bloom Energy's 'Breakthrough' Fuel Cell
But the New York Police Department adopted a zero-tolerance approach to crime and cut it by 75%.
The US central bank, the Federal Reserve, has already cut interest rates to nearly zero in a bid to stimulate the economy.
In December the Bank of Japan was forced to cut interest rates almost to zero, ie, back to where they last were in 2006.
Denmark cut its deposit rate below zero in July last year, and in December, the Swiss bank Credit Suisse imposed negative rates on bank deposits to tame demand for the Swiss franc.
BBC: Negative interest rates idea floated by Bank's Paul Tucker
Earlier Tuesday, the Bank of Japan cut its benchmark interest rate to nearly zero and said it would buy government bonds in a bid to weaken the yen and boost the Japanese economy.
In August, research claiming the upgrading of a road in the central belt cut the number of fatal accidents to zero within a year was flagged up as a reason for improvements to the A9.
That's everything -- student loans, NASA, veterans programs -- you name it, we'd have to cut by 60 percent -- six, zero.
WHITEHOUSE: President Obama Takes Questions from Senate Democrats
Let your smart card and the pop machine duke it out. n Only the best of breed will cut it in the age of infinite and zero.
The device is also made out of 65% recycled plastics, and comes with a 0-watt hard switch that lets you cut power completely off from the monitor for zero power consumption.
Later, after the buildings fell, a cameraman and I cut through the dust and walked toward ground zero, where the sky was filled with fine pieces of glass and acrid smoke.
No less than the noted bond king, Bill Gross of PIMCO, subscribes to this theory, so strong, in fact, that PIMCO has cut its holdings of government debt nearly to zero percent.
FORBES: Commercial Real Estate's Sink-Or-Swim Moment As QE 2 Heads To Port
Dividends are paid at the discretion of corporate boards and managers, so the fact that zero or at least very few companies are expected to cut their dividend is a show of confidence in the future.
Sure, interest rates were cut from a high of 8% to virtually zero.
The Bank of Japan cannot cut short-term interest rates, which are already zero.
Most serious of all, unlike other central banks, the Bank of Japan cannot cut interest rates further, because they are already close to zero.
应用推荐