Up to 60 days is allowed for the decision on purchase or issuing a Certificate. cate.

This does not mean an increase in overall taxation, but simply a substitution in each country of a pollution (carbon) tax for some current taxes. It makes much more sense to tax things that are bad, like pollution, than things that are good, like savings and work.

It makes much more sense to tax things that are bad, like pollution, than things that are good, like savings and work.

In these cases, government will have to provide incentives, or regulate and tax.

Where and how would we tax the resources to put real weight behind egalitarian principles?

In a globalized world, national governments ability to tax potentially mobile factors of production is sharply circumscribed.

The American colonists had long believed that they were not subject to taxes imposed by legislature in which they lacked representation.

There could be an international agreement that every country would impose a carbon tax at an agreed rate (reflecting the global social cost). Indeed, it makes far more sense to tax bad things, like pollution, than to tax good things like work and savings.

Indeed, it makes far more sense to tax bad things, like pollution, than to tax good things like work and savings.

Countries could use the revenues as an alternative to other taxes it makes much more sense to tax bad things than good things.

Poor regions have a low base of economic activity to tax, which prevents them from investing in human and physical capital.

. Export subsidies within the constraints of the Agreement are exempt from challenges under GATT and subject to countervailing duties only if they cause injury or the threat thereof.

But, during the last few decades of the century, European tariff rates fell substantially, largely in response to the United Kingdom s unilateral repeal of the Corn Laws, which had imposed substantial tariffs on imported grain.

Items assembled in the Territory can be exported duty free into the United States, even if up to 70 per cent of the value consists of foreign dutiable components.

The real goal is to restrict governments ability to regulate and tax corporations that is, to restrict their ability to impose responsibilities, not just uphold rights.

Given lax fiscal discipline, the ECB will likely react with more monetary rigidity, pushing politicians, already enamored with the social state, to spend and tax even more.

But the power to tax has practical limits, and governments moral or legal right to bind future generations of citizens to repay foreign creditors is questionable.

Coalition members could also agree to provide stronger incentives to their own producers, through either more stringent caps on emissions or higher taxes on pollution. They could then agree to impose taxes on products from other countries including the US that are produced in ways that unnecessarily add substantially to global warming.

They could then agree to impose taxes on products from other countries including the US that are produced in ways that unnecessarily add substantially to global warming.

But the British insisted that Parliament did have the authority to tax the colonists, especially after Britain went deeply into debt fighting the French in the Seven Years' War.

Japan and the United States apply specific duties to imports of crude petroleum oil (HS 270900) on an MFN basis, while Australia, Canada, the European Union and Switzerland import that product under zero MFN tariff.

In recent years, shows in the most prominent museums of Austria and Russia have been increasingly profiting from participation of works of art from each other s collections.

Dutied British tea continued to be imported into Boston, however, especially by Richard Clarke and the sons of Massachusetts Governor Thomas Hutchinson, until pressure from Massachusetts Whigs compelled them to abide by the non importation agreement.

Rather than punitively taxing wealth, globalization strengthens the case for shifting to a flat tax on income (or better yet consumption) with a moderately high exemption.

Achieving equity through fiscal transfers can ensure a level playing field.

Ordinary Europeans have to pay value added tax on most of the goods and services that they buy, so why not tax purchases of stocks, bonds, and all kinds of derivatives?

To protect commercial banks from risking their own solvency (and the whole country s solvency besides) once again, Richard Robb suggested that a small tax on banks short term debts be imposed in order to deter banks from over borrowing.

In the long run, wages would fall, and ordinary workers would end up bearing a significant share of the cost. More broadly, FTTs violate the general public finance principle that it is inefficient to tax intermediate factors of production, particularly ones that are highly mobile and fluid in their response.

More broadly, FTTs violate the general public finance principle that it is inefficient to tax intermediate factors of production, particularly ones that are highly mobile and fluid in their response.

As developing countries and emerging markets open themselves to multinationals, it becomes increasingly important that they can tax these behemoths on the profits generated by the business that occurs within their borders.

Even if the risk premium doubled, to 500 basis points, the Italian government s debt service costs would rise, but the money would be paid to Italian investors (whose higher incomes could then be taxed away).

Of course, the Treasury which Robert Rubin came to lead was vital early on in the Clinton administration in countering the spend and tax happy liberals on the Clinton White House team.