The IMF s advice to cut government spending and raise taxes will deepen the crisis.

Ceding national sovereignty implies shifting the power to tax, the power to spend and the power of the budget to the European level.

When a fiscally responsible government launches a war, it typically cuts back on other domestic expenditures and raises taxes.

And if taxes target the rich, and spending targets the poor, the multiplier can be especially high.

Americans pay both federal taxes and state taxes.

Budgets are close to balance, with less public expenditure and lower tax rates, while economic growth has recovered.

Technically, reducing a deficit is a straightforward matter one must either cut expenditures or raise taxes.

To put it another way, spending is financed either by current taxes or through borrowing, and borrowing amounts to future taxes, which have almost the same impact on economic performance as current taxes.

And for that we need fiscal stimulus ideally, the debt friendly stimulus that raises taxes and expenditures equally.

But the additional budget revenue has merely offset lower taxes, while high wages and interest rates are jacking up public expenses.

Death and Tobacco Taxes

Bush did present himself as a conservative... conservatism is hostile, for reasons ranging from the abstract and philosophical to the concrete and practical, to high spending and high taxing....

At some point in the future, there will thus need to be steep increases in tax collections, sharp cuts in public spending, or both, to correct Bush's actions.

Taxes are raised.

Smart Taxes

CIVILIAN STAFF AND RELATED COSTS

If they have built up large, monetized fiscal deficits, they should raise taxes, reduce spending, and mop up excess liquidity sooner rather than later.

Lower public spending reduces aggregate demand, while declining transfers and higher taxes reduce disposable income and thus private consumption.

Tax and spend (Please)

Taxes consist of direct taxes and indirect ones.

Laws and taxes change frequently.

Unforeseen and extraordinary expenses

Government can either spend more money itself, or try to stimulate private spending by cutting taxes or lowering interest rates.

Please pay the tax.

I pay taxes.

Taxes are too high.

I paid my taxes.

I pay my taxes.

Tom pays his taxes.

Everyone hates taxes.

He is going to raise the taxes.

Property taxes, excise taxes, import duties, and sales taxes all of which are paid, directly or indirectly, by corporations can have a magnified impact on corporate profits, and hence on the stock market.

III. Civilian staff and related costs . 25

The chief culprits for Europe s underperformance are well known high taxes, too many and bad regulations, the absence of key markets, and high public expenditures.

Stimulus packages are controversial, because they increase budget deficits, and thus imply the need to cut spending or raise taxes sometime in the near future. The question is whether they successfully boost output and jobs in the short term, and, if so, whether they do enough to compensate for the inevitable budget problems down the road.

But France s so called socialist government is lowering corporate taxes and cutting expenditures a recipe almost guaranteed to weaken the economy, but one that wins accolades from Germany.

Stimulus packages are controversial, because they increase budget deficits, and thus imply the need to cut spending or raise taxes sometime in the near future.

The Bush administration cut taxes.

Tax the Oligarchs

He was able to reduce taxes.

You have to pay taxes.

You have to pay taxes.

We must pay taxes.

Value added tax and other indirect levies must be collected rigorously.

Voters also have a gut instinct usually, though not always, correct that parties of the traditional left will tax and spend more, and that those of the right will do the opposite.