Importantly, the tax (the overtime) is hypothecated
In fact, the present results provide robust evidence about public support for raising taxes when tax increases are modest and when they are clearly hypothecated
in areas of public demand.
Two new taxes are proposed, and both - this is a real change - are to be hypothecated
, i.e., spent on transport improvements.
For this reason the peculations of people like Drew were much closer to ground level, to the real stuff of productive activity, than, for example, the highly hypothecated
transactions of today's junk bond market.
The receipts would not go into a general government budget, but instead would be hypothecated
to a fund with independent trustees.
The property is hypothecated
with the financial institution while you continue living in your house peacefully, by just paying your monthly installments on time.
I am not about the of the I note that Jeremy Hunt is proposing an increase in income tax which will, allegedly, be "hypothecated
" (to use Hunt's jargon term) to the NHS.
A total of 66 per cent of people said they'd pay more tax for the NHS if they knew the money was hypothecated
or ringfenced purely for treatment.
And if the tax can be hypothecated
to support a good purpose so much the better.
aren't they?" Mr Hammond rejected Mr Davies's argument, saying: "You and I know, that no Government has hypothecated
revenues in that way, they allocate them across the economy."
Lord Heseltine noted in his influential Cities Renaissance paper in 2007 that local authorities were measured against no fewer than 1,200 central targets, faced heavily hypothecated
funding mechanisms and moreover, in the case of regeneration, more than 50 different-funding streams.
"As we have made clear, the betting industry is sceptical about a further hypothecated
tax, singling out bookmaking among the many industries where services are provided but often remain unclaimed."