Luxembourg is a supporter of the introduction of a CO2 energy tax at the EC level, especially if implemented in the transport and residential sectors.

The European Union supports the initiative of a voluntary solidarity tax on air tickets.

CA All right, so you don't support a carbon tax of any kind or a price on carbon.

Several participants expressed their support for innovative sources of development finance, including global taxes.

Some specific measures, such as exchange of tax information, do not appear to command universal support.

China could usefully explore shifting part of the burden from labor toward property, capital gains, and inheritance taxes. Larger dividends paid to the budget from the highly profitable state enterprise sector could also provide an alternative source of funds.

One key idea was to lighten the tax burden on labor . Taking into account the personal income tax and various social contributions, taxation of labor income in China is too high . To be sure, taxes are needed to finance social spending, but revenue sources other than taxes on labor income could do the job. China could usefully explore shifting part of the burden from labor toward property, capital gains, and inheritance taxes.

Raising taxes on investment income, you also see about two thirds of Democrats but only one third of Republicans are comfortable with that idea.

For these reasons, Obama is championing a revenue neutral reform that would leave corporate tax revenues unchanged, with the proposed rate cut financed by limiting deductions, credits, and loopholes, which would broaden the tax base.

Given that recent research shows that much of the burden of corporate taxation is borne by workers in the form of lower wages, Democrats should embrace tax reform as a way to support income growth. One could add to such a reform further support for low income Americans by increasing the Earned Income Tax Credit for single workers.

Revenue collected is pooled and shared by the group.

So here is an idea that might work politically Let taxpayers keep all of the current tax expenditures, but limit the total amount by which each taxpayer can reduce his or her tax liability in this way.

The social insurance subsystem is funded primarily by payments and contributions (11 and 16 per cent, respectively) and by tax revenue.

Taxes, revenues, uncollectible taxes and tax credits

(e) Such sums as may be necessary to enable the Tax Equalization Fund to meet current commitments pending the accumulation of credits such advances shall be repaid as soon as credits are available in the Tax Equalization Fund

1. Taxation and customs

There are no income, estate or capital gains taxes.

The tax system should be reformed by increasing reliance on income progressive taxes, restructuring the property tax and introducing reasonably progressive 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. It is no coincidence that wherever stock markets thrive, governments take care that these taxes stop well short of destroying after tax corporate profits.

These features are rightly called tax expenditures, because they describe the government spending that occurs through the tax code. Eliminating or reducing these tax expenditures should therefore be seen as cutting government spending.

Collect his data.

Tax revenue

There is no income tax, and customs duties account for about 35 per cent of government revenues other significant revenue sources are company fees, land and stamp taxes, employment tax, a hospital levy, vehicle licence fees and taxes on hotel occupancy, passenger departures and cigarette sales.

While this method does indeed increase total revenue, the economic effect of limiting tax expenditures is the same as it is under any other method of cutting spending on those programs. But the Republicans opposition to anything that raises revenue means that this key to breaking the budget stalemate won t be implemented.

For the first time since Dayton, new revenue distribution arrangements (customs revenues and most excise and sales tax revenues) have been launched.

Revenue from businesses and entry taxes

Without trade, there can be no sustained equitable economic growth. Without economic growth, tax revenues will not grow. And without tax revenues, improved public services are not sustainable.

The country is also earmarking tobacco and alcohol taxes for health in order to ensure long term sustainability.

Collection and grants Allocated non fiscal revenue

These revenue losses could be offset by curtailing so called corporate tax expenditures deductions, credits, and other special tax provisions that subsidize some economic activities while penalizing others and broadening the corporate tax base. Both President Barack Obama s plan for business tax reform and the Simpson Bowles deficit reduction plan propose reducing such expenditures to pay for a reduction in the corporate tax rate.

3. import duties and domestic taxes.

Regarding financing for development, I support the proposal made by President Jacques Chirac that a small tax be added to the cost of air travel.

That had been accomplished by widening the tax base, improving administration efficiency, reducing corporate income tax, introducing a personal income tax of 10 per cent and keeping value added tax at 10 per cent.

Approximately 25 million were expected to be funded from revenue and 15 million through loans.

Saved by Taxes

Taxing Tissue

State Revenues Act.

Municipal Revenues Act.

Alternative types of taxation

In many developing countries, total tax revenue is derived from three main sources domestic taxes on goods and services (sales and excise taxes), direct taxes (primarily on corporations), and, most important, taxes on foreign trade (import duties). But, as trade liberalization has lowered tariffs and duties, the share of trade taxes has declined, while other sources have not compensated for falling trade revenue.

Eliminating special interest loopholes, like tax breaks for oil and gas, or for corporate jets, would not yield enough revenue to pay for a meaningful rate cut. And curtailing accelerated depreciation, the manufacturing production deduction, and the R amp D tax credit which account for about 80 of corporate tax expenditures would involve significant tradeoffs.

Eliminating special interest loopholes, like tax breaks for oil and gas, or for corporate jets, would not yield enough revenue to pay for a meaningful rate cut. And curtailing accelerated depreciation, the manufacturing production deduction, and the R D tax credit which account for about 80 of corporate tax expenditures would involve significant tradeoffs.

CAMBRIDGE One of the many things I learned from Milton Friedman is that the true cost of government is its spending, not its 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.

Similarly, without dynamic, growth oriented economic policies supporting a healthy private sector capable of generating jobs, income and tax revenues over time, sustainable economic growth will not be achieved.

Numerous studies show that government spending multipliers, even when large at the ZLB, shrink rapidly, then turn negative and may even be negative during economic expansions and when households expect higher taxes beyond the ZLB period.