Two-tier tax system

Two-tier tax system

Taxation system that results in taxing the income going to shareholders twice.
References in periodicals archive ?
In an interview, Ubial said having a two-tier tax system would just result in smokers shifting from expensive to cheaper brands.
The United States provides evidence that a two-tier tax system works well.
Crowley, "Worcester has a two-tier tax system, which places a much higher tax on businesses than do Shrewsbury or Westboro.
This after the introduction of exchanges with the exciting and novel two-tier tax system i.
Clements favors a two-tier tax system for the new district, one that would ensure equity between urban areas that already pay for their own police protection.
Pensioners' leaders and opposition MPs last night slammed a two-tier tax system which had hit both old folk and motorists in the pocket.
The city projects are helped along by a two-tier tax system that encourages the redevelopment of vacant downtown land.
The Treasury study identified three major economic distortions caused by the classical two-tier tax system that integration would eliminate.
While the two-tier tax system under HB 4144 may appear more equitable, in reality it will encourage the young and the poor to smoke lower-priced cigarettes, exposing them to the very real risks of addiction, diseases, disability and early death.
WORCESTER - One vote has kept the city's two-tier tax system safe from probing commissioners, and efforts to unload the airport on the commonwealth continue to include the possibility of an airport access road that would address the city's long-range East-West traffic flow.
Would a two-tier tax system be needed to ensure equity between urban areas, which already pay for their own police protection, and rural areas, which rely on the sheriff's office for law enforcement services?
Meanwhile, the bill to revert to the two-tier tax system for tobacco is one key risk for LTG's business.