Austerity programs have been largely counterproductive, generating vicious cycles of slow or no growth, business closures, skyrocketing unemployment, and tax base erosion.

According to the GAO, 80 of state tax officials opposed a national sales tax as an intrusion on their tax base.

And fourthly, it is important to expand the tax base.

This can include broadening the tax base, reducing tax avoidance and evasion, improving tax collection, and developing new, cooperative international taxation strategies.

Moreover, unemployment in the eurozone has skyrocketed to an average rate of roughly 12 , with more than 50 youth unemployment in the periphery countries implying a long term loss of talent and erosion of the tax base.

Some LDCs have made progress in undertaking tax reform, broadening the non tax revenue base and improving the efficiency of financial institutions.

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.

Activities will also include the development and promotion of effective mobilization of financial resources, taxation, especially measures to reform tax systems, combat tax evasion and widen the tax base.

Broadening the income tax base is a central element of the highly regarded Simpson Bowles proposals for tax reform in the United States.

Erosion

And, while raising so much revenue with so low a tax rate sounds grand, the declining volume of trades would shrink the tax base precipitously.

And we want to shift the systems that open the doors for people who were formerly tax burdens to become part of the tax base.

In addition, private sector firms provide most of the tax base needed to fund public services.

The already narrow industrial base suffered a serious further erosion as a result of the political events of the past 14 years.

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.

Water erosion

Wind erosion

It had created value added and tax base for the community, and something like 3,000 people died.

(b) To promote appropriate fiscal and financial policies and measures in support of development, including measures to reform tax systems, combat tax evasion and widen the tax base, and to develop options for broad based development.

(a) Water erosion

(b) Wind erosion

That said, if the goal of corporate tax reform is to boost investment and job creation, broadening the tax base to pay for a lower rate could be counterproductive.

A desirable way to broaden the tax base would be to put an overall cap on the amount of tax reduction that each taxpayer can achieve through deductions and exclusions.

The Erosion of Law

The Erosion of Europe

Paleontologists pray for erosion.

On the revenue side, those countries adopted measures aimed at expanding the revenue base, increasing the elasticity of their tax systems and improving the efficiency and effectiveness of their tax administration.

Governments that don t need to broaden their tax base have few incentives to respond to the needs of their people.

In the United States, presidential candidates appeal to anxious voters by blaming the North American Free Trade Agreement (NAFTA) for the erosion of the country s manufacturing base.

And sixthly, the sudden erosion of trade preferences has created significant economic hardships for many developing countries without the resources or time to diversify their export base.

(b) Research and analysis to determine the appropriate tax reforms that are needed to improve the tax base and to improve the taxation of economic activities, including agriculture, manufacturing and services, to minimize tax compliance costs and to promote allocative efficiency and growth

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

Corporate tax expenditures narrow the base, raise the cost of tax compliance, and distort decisions about investment projects, how to finance them, what form of business organization to adopt, and where to produce.

Compensating financially for preference erosion

Assessed relative to water erosion

The control of power and authority by a non cohesive transitional Government has served to further entrench the processes of exploitation and erosion of the natural resource base.

Obama s recent statement that he favors reforming personal and corporate taxes by lowering rates and broadening the tax base reinforces that impression.

The tax base thus increased from approximately 8 per cent of GDP in 1995 to more than 10 per cent in 2002.

Compensating financially for preference erosion 18

Anticipated trade effects of preference erosion

Combating aridity, soil erosion, salinity, waterlogging,

Ways of controlling, preventing soil erosion.

We've talked about the soil erosion.

Both are openly opposed not only to the tax increase, but also to the continuing presence of the US Marine base on Okinawa.

The rump euro s weakened exchange rate would lead to renewed economic growth, job creation, and a stronger tax base in southern European countries.