The exemption system can make up the deficiency of legislation and avoid the large waste of society resources from excess competition and prevent sacrificing the economic benefits of the due scale.

豁免制度可以弥补反垄断法立法技术不足，可以修补反垄断制度利益取舍单一的不足，可避免过度竞争所造成的社会资源的巨大浪费，防止牺牲应有的规模经济效益。

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Concrete amount is the final outcome of exemption, determined by the exemption policy and exemption system.

具体额度是个税免征额的最终表现，它是由免征额政策与制度决定的。

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Establishment of exemption mechanism of directors' liability can ensure the total balance of all parties of director liability system.

建立董事责任的免除机制，可以保障董事责任制度体现各方利益的总体平衡。

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In practice, experts said, Mr. Perry's 20% tax system likely would appeal to higher-income earners, because of its lower rates and exemption for investment income.

WSJ: Rick Perry Joins Flat-Tax Camp