(a) Substantial reductions of tariffs, the rolling back of tariff peaks and the removal of tariff escalation

Tariff escalation will also decline.

One way in which it does so is by lowering tax rates and substantially increasing tax deductions for employees.

The first benefit the income tax will be reduced significantly in the job salaries.

The taxpayer receiving the job salaries after October 1 can have the basic deduction of fees deducted based on the threshold of 5000 yuan per month, and the new tax rate schedule will be applied. Most of the taxpayers will enjoy different levels of tax reduction, especially the lower and middle income people, who will see more significant tax reduction.

From the perspective of measurement and calculation of personal tax reduction for Shanghai taxpayers in the earlier stage, the broad masses of taxpayers will fully experience the benefits of the personal income tax reform, especially the lower and middle income people, who will see more significant tax reduction.

Southern Europe could shrink its taxes and social services substantially

(a) Substantial reductions in all tariffs, the rolling back of tariff peaks and the removal of tariff escalation, which still affect a notable range of products and sectors

This time s tax reduction not only involves lots of items but also has strong dynamics, with an average tax reduction of 56 .

Substantial reduction in processing effort.

Finally, in addition to extending Bush s tax cuts, Romney promises an across the board 20 reduction in marginal personal income tax rates and a significant cut in the corporate rate to encourage businesses to hire more workers. Despite large cuts in marginal income tax rates at the start of the Bush administration, however, job growth between 2000 and 2007 was half the rate of the previous three decades.

The Government and Parliament must finally decide to substantially lessen the tax burden.

There have been considerable reductions in nuclear weapons arsenals.

In addition, the sharp decline in official development assistance continued.

and consumer electronics and other relevant products have also seen a relatively large reduction in tariffs.

At the same time, it has also greatly reduced the production and import links value added tax burden of anti cancer drugs.

195. Personal disposable income expanded substantially in 1995 (no figures are yet available) due to a large increase in employment.

The tax is progressive and the graduation is effected by a tax free exemption limit on wealth.

Achieving greater transparency in the administration of tariff quotas and more significant expansions of these quotas would further support exports.

Reduction in each band would be based on linear cuts, with developing countries subject to lower cuts (two thirds of the developed country cuts), with the element of progressivity across the bands with higher tariffs subject to deeper cuts.

As a result, human fatalities from disasters have been vastly reduced.

Brazil welcomes the announcements regarding substantial reductions in nuclear arsenals.

The total tax burden on families also includes sales taxes, which are steeply regressive, and property taxes, which are progressive. Total personal taxes are mildly progressive, increasing steadily as a share of income from 14 at the 10th percentile to 28 at the 90th percentile, but then falling off sharply to 22 at the top, owing to the favorable treatment of capital gains and investment income, the wage cap on social security taxes, and the sharp regressivity of sales taxes.

Tax policy, along with other legislative measures, have been increasingly focused on reducing wealth and higher incomes.

A massive programme is needed to reduce poverty in a meaningful way.

In Spain, despite tax hikes worth more than 4 of GDP since 2010, the tax to GDP ratio was only 38 in 2014, compared to 41 in 2007. In Greece, tax increases amounted to 13 of GDP during the same period, but the tax ratio increased by only six percentage points.

The number of new cases of STDs has greatly increased over the past three years.

The decline was significant and recorded in all regions.

The level of relief assistance has since been significantly reduced.

Association congresses were rather less affected, but budgets were minimized and attendances dropped severely.

wn undamped natural frequency (in radians)

Food aid, primarily from foreign sources, was drastically cut this year.

Africa is the only continent in which food production has declined significantly over the past two decades.

Average tariff rates dropped substantially (see table 3).

Wealth creation through productivity enhancement can lead to significant poverty reduction.

Objective 2. Significant reduction in the number of participant reconciliation exception cases.

264. The available data show a considerable decline in poverty in Tunisia.

These developments brought about substantial greenhouse gas (GHG) emission reduction benefits.

Formulas for tariff cutting under NAMA should be determined expeditiously so as to drastically reduce tariff peaks and tariff escalations, with adequate SDT made available to developing countries.

The quickest means of doing so is substantial and generous debt cancellation and relief.

Africa requires a deal that will make serious inroads into poverty and address its marginalization.

19. In addition, there has been a sharp reduction since 1994 and 1995 in the level of peacekeeping activity.

And mind you, it is not getting just a little more for just a little less.

Zoom in step

In spite of tariff reductions as a result of the Uruguay Round, however, the post Uruguay Round bound rates will continue to display considerable tariff escalation for processed products, particularly in the EU and Japanese markets.