The taxes that do least harm to growth are those on consumption or on immobile assets such as property.

对经济增长损害最小的税种是对消费和诸如房地产的不动资产征收的税。

youdao

The study suggests that shifting tax revenues from income to consumption and property taxes could have a significant impact on GDP per head.

这项研究表明将税收系统中的所得税转变为消费税和房地产税会对人均GDP产生巨大的影响。

youdao

He found property taxes were the least damaging to growth, followed by consumption taxes.

他发现，房地产税对经济增长的损害最小，其次是消费税。

youdao

But in recent decades, as New York cleaned up its act, the Garden State experimented with ever higher taxes on income, property and consumption.

ECONOMIST: Lexington

Finance gushed into property and consumption rather than productive investment.

ECONOMIST: Egypt's economic misfortunes, miseries and mistakes

Over and above this we get to the second point which is that on pure efficiency grounds we would rather tax property and consumption, possibly even incomes, rather than capital returns.

FORBES: Taxing Capital Isn't About Fair: It's About Efficiency