What's the difference between subsidies and tax?

Subsidies


Definition:

  • (pl. ) of Subsidy

Example Sentences:

  • (1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
  • (2) The biggest single source of air pollution is coal-fired power stations and China, with its large population and heavy reliance on coal power, provides $2.3tn of the annual subsidies.
  • (3) The statistics underline the significant strides being taken by the industry to meet a government drive to reduce Britain's carbon emissions, although the scale of renewable energy subsidies remains controversial.
  • (4) Under pressure from many backbenchers, he has tightened planning controls on windfarms and pledged to "roll back" green subsidies on bills, leading to fears of dwindling support for the renewables industry.
  • (5) In Australia there are taxpayer subsidies to keep these plants open, whereas in the US, China and parts of Europe, the government is taking actual direct action to close them down,” Cousins said.
  • (6) The environment secretary, Liz Truss , has stripped farmers of subsidies for solar farms, saying they are a “blight” that was pushing food production overseas.
  • (7) The US farm bill is a multi-billion dollar piece of legislation that controls the federal government's spending on farm subsidies, food for the domestic poor, agriculture conservation programmes, and overseas food aid , among other things.
  • (8) He asked for details of farm subsidies paid to opposition politicians including the Welsh Tory leader, Andrew RT Davies, the Welsh Liberal Democrat chief, Kirsty Williams, and Plaid Cymru's Llyr Huws Gruffydd.
  • (9) But an industrialist embedded in his department told the Guardian that ministers were now internally questioning renewable power and other schemes that involved substantial public subsidies.
  • (10) That means eliminating fossil fuel subsidies as well.
  • (11) Families indicated that the subsidy was very helpful in meeting special needs and had improved family life, eased financial worries, and reduced stress.
  • (12) It is likely most simply cannot afford full unsubsidized premiums.” Similarly, an analysis by the Urban Institute predicts that many of those who will lose their subsidies won’t be able to afford it without them and will cancel their insurance as a result.
  • (13) In 2004, the dispute settlement body , the "judicial branch" of the WTO, ruled that the US had to reform its cotton subsidies or face "retaliation" from Brazil.
  • (14) They envisage cuts in farm support payments of more than €150,000 a year, with a cap set at €300,000, in order to devote more subsidy to smaller, family-run farms and ensure a fairer distribution of funds.
  • (15) Plus, unlike planet-screwing fossil fuels, solar could actually be subsidy-free in a few years.
  • (16) Npower blamed its planned rises on increases in wholesale gas and electricity costs and the cost of delivering government policies, such as smart metering and subsidies for renewable energy.
  • (17) A spokesman for SSE said: "It is unclear what subsidy is required to make investment in new nuclear work.
  • (18) UK renewable energy industry warns of legal action over subsidies Read more But the secretary of state is tasked with the destruction of this industry.
  • (19) It might sound like chump change, but the PTC alone amounts to $1 billion a year, and industry advocates insist that wind would hit the doldrums without these subsidies.
  • (20) Revealing how far taxpayers fund the private sector is not the same thing as saying the private sector should not receive any public subsidy at all.

Tax


Definition:

  • (n.) A charge, especially a pecuniary burden which is imposed by authority.
  • (n.) A charge or burden laid upon persons or property for the support of a government.
  • (n.) Especially, the sum laid upon specific things, as upon polls, lands, houses, income, etc.; as, a land tax; a window tax; a tax on carriages, and the like.
  • (n.) A sum imposed or levied upon the members of a society to defray its expenses.
  • (n.) A task exacted from one who is under control; a contribution or service, the rendering of which is imposed upon a subject.
  • (n.) A disagreeable or burdensome duty or charge; as, a heavy tax on time or health.
  • (n.) Charge; censure.
  • (n.) A lesson to be learned; a task.
  • (n.) To subject to the payment of a tax or taxes; to impose a tax upon; to lay a burden upon; especially, to exact money from for the support of government.
  • (n.) To assess, fix, or determine judicially, the amount of; as, to tax the cost of an action in court.
  • (n.) To charge; to accuse; also, to censure; -- often followed by with, rarely by of before an indirect object; as, to tax a man with pride.

Example Sentences:

  • (1) Virtually every developed country has some form of property tax, so the idea that valuing residential property is uniquely difficult, or that it would be widely evaded, is nonsense.
  • (2) Not only do they give employers no reason to turn them into proper jobs, but mini-jobs offer workers little incentive to work more because then they would have to pay tax.
  • (3) Paradoxically, each tax holiday increases the need for the next, because companies start holding ever greater amounts of their tax offshore in the expectation that the next Republican government will announce a new one.
  • (4) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
  • (5) We want to be sure that the country that’s providing all the infrastructure and support to the business is the one that reaps the reward by being able to collect the tax,” he said.
  • (6) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
  • (7) Brown's model, which goes far further than those from any other senior Labour figure, and the modest new income tax powers for Holyrood devised when he was prime minister, edge the party much closer to the quasi-federal plans championed by the Liberal Democrats.
  • (8) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
  • (9) "There is a serious risk that a deal will be agreed between rich countries and tax havens that would leave poor countries out in the cold.
  • (10) Photograph: Guardian The research also compiled data covered by a wider definition of tax haven, including onshore jurisdictions such as the US state of Delaware – accused by the Cayman islands of playing "faster and looser" even than offshore jurisdictions – and the Republic of Ireland, which has come under sustained pressure from other EU states to reform its own low-tax, light-tough, regulatory environment.
  • (11) Cameron also used the speech to lambast one of the central announcements in the budget - raising the top rate of tax for people earning more than £150,000 to 50p from next year.
  • (12) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (13) The issue has been raised by an accountant investigating the tax affairs of the duchy – an agricultural, commercial and residential landowner.
  • (14) Proposals to increase the tax on high-earning "non-domiciled" residents in Britain were watered down today, after intense lobbying from the business community.
  • (15) We know that several hundred thousand investors are likely to want to access their pension pots in the first weeks and months after the start of the new tax year.
  • (16) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (17) "The Republic genuinely wishes Northern Ireland well and that includes the 12.5% corporate tax rate," he said.
  • (18) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (19) Gordon Brown believes that the fact of the G20 summit has persuaded many tax havens, such as Switzerland and Liechtenstein, to indicate that they will adopt a more open approach.
  • (20) This includes cutting corporation tax to 20%, the lowest in the G20, and improving our visa arrangements with a new mobile visa service up and running in Beijing and Shanghai and a new 24-hour visa service on offer from next summer.

Words possibly related to "subsidies"

Words possibly related to "tax"