61. Despite the protests, the government said it will not give in to demands to eliminate fuel taxes. 62. Economists expect a wave of mergers and acquisitions when the country eliminates capital gains tax next January. 63. Former President Clinton vetoed a bill to eliminate the tax last year. 64. He promised to eliminate various taxes on businesses in the coming months, hoping to spur job creation. 65. He said the government could increase bank interest rates and minimum wages if it eliminated the taxes and other levies imposed on the textile industry. 66. --Reduce the capital gains tax rate paid on profits of property sales, and eliminate any taxes paid on increased property values that result simply from inflation. 67. Reports leaked to the press indicate the government plans to change or eliminate some taxes, replace others, cut expenses and broaden its tax base. 68. Such changes include eliminating taxes on certain essential products like school supplies and cheap shoes, and an increase on certain as yet undetermined luxury items. 69. The opposition wants to eliminate consumption taxes on medication. 70. The Reform Party, in contrast to Savisaar, argues that Estonia needs less tax instead of more and is proposing eliminating corporate tax altogether. |