Tax cuts were supposed to stimulate savings, but household savings in the US have plummeted to zero.

While it s true that tax preferences might yield slightly higher private savings, the loss of tax revenues would more than offset the gains, thereby actually reducing national savings.

Last but not least, US tax policy hardly encourages private sector savings, especially giving the preferential tax treatment of real estate.

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

This is the silliest directive ever!

When a directive is issued, you don't know who is responsible instead, they are known as, say, Directive 17.62 (meaning that it is directive no. 17 issued in 1962).

Not every PHP directive is documented below.

qhhr has mixed feelings over the directive

Yes, the US needs tax increases to move the federal budget into surplus and policies to boost private savings.

With Reagan's irresponsible tax cuts, combined with America's paltry savings, the US had no choice but to borrow abroad.

Savings (overruns)

These governments will take advantage from this directive.

This directive was delivered orally to on duty editors.

Savings Bond Inventory

Reducing individual tax rates and taxes on savings and investment at best fosters modest increases in employment, work effort, and income.

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

Consider, for example, the European Commission s so called services directive.

This is especially important if the ClearModuleList directive is defined.

There s no official directive condoning physical violence against Afghan students.

Balancing China s High Savings

Tom has no savings.

I have no savings.

Households, burdened with debt while their retirement savings wither and job prospects remain dim, have spent only a fraction of the tax cuts.

Both the savings shortage and savings glut hypotheses confuse accounting outcomes with causes.

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.

Reserves are like savings accounts.

We have enormous energy savings.

Both features increased global savings.

(b) To achieve cost savings

America's appallingly low savings rate.

Why, then, was the European Commission s proposed services directive, which would ensure freedom to supply services across the Union to all EU companies, vilified as the Frankenstein directive ?

We received (and executed) a directive to delete all anti Putin blogs.

Inflation no longer threatens anyone's savings.

Africa needed capital, but lacked savings.

He gambled away his life savings.

Many people have lost their savings.

My savings will soon run out.

My savings will run out soon.

Tax reform.

Tax reform

It started on tax reform a 'flat' income tax, a single regressive social tax, a ban on the turnover tax, etc.

In America today, with an overhang of household debt and high uncertainty, tax cuts are likely to be ineffective (as they were in Japan in the 1990 s). Much, if not most, of last February s US tax cut went into savings.

All for One Tax and One Tax for All?

A tax called a death tax is regarded very differently from a tax called an inheritance tax, even though the two are really identical.

Savings are, of course, no bad thing.