Esteban Rossi-Hansberg said that informality exists because there is an explicit tax
involved in formalizing an operation tax contributions and addition al labor costs--and an implicit one, so long as the informal companies are not punished for not complying with tax and business obligations.
Where the federal tax law provides explicit tax
However, these four technical issues--difficulty with costing these deviations, the risk of perceived criticism, the unclear boundaries of the benchmark, and the difficulty in identifying possible objectives for the implicit expenditures--may also apply to explicit tax
That is in addition to explicit tax
hikes on income, capital gains, and dividends, the implicit ones on energy via cap-and-trade, and so forth.
The cost to taxpayers of an explicit tax
extends far beyond the dollars remitted to the taxing authority.
The identification of the disguised head tax is persuasive, and it is almost certainly true that lawmakers designing an explicit tax
to finance health care for the uninsured would not have chosen a head tax.
4) Some readers might prefer to classify tax avoidance as an implicit tax rather than as a nonpecuniary explicit tax
It happens that the R&D account gets explicit tax
treatment, so it's easier there to sketch the adverse consequence of neglect of asset stewardship.
A property settlement without explicit tax
language, however, may not suffice to create a nonalimony designation.
j] is the MTR from the explicit tax
on labor income.
2002) define an investment's explicit tax
rate as the difference between its expected pre-tax and after-tax returns, divided by the expected pre-tax return to a "benchmark" investment that is not tax-favored.
Criminal records provide a counter-chronicle for Cohn, but their mixed reports of robbery, murder, and collective mayhem muddle the inrentionality of these events as explicit tax