71. Also under consideration is imposing a tax increase in King County without voter approval, a concept that was opposed by a majority of the King County Council. 72. Also weighing on stocks was concern that a recent Argentine tax increase will depress economic growth and hurt the profits of Chilean companies operating there. 73. Although the program and the tax increase were passed, that target was never reached. 74. Although offering to work with the Legislature to improve education, Graves stopped short of endorsing a tax increase to pay the bill. 75. Although the tax increase is still affecting the economy, Matsushita said the moderate recovery was continuing. 76. Although these tax increases are said to hit the wealthy hardest, those with the highest incomes are proportionately larger contributors to the capital pool. 77. Among the likely changes are income tax cuts coupled with consumption tax increases, Valenzuela said. 78. And because income tax brackets rise with the CPI, many Americans might see their tax bills increase as smaller CPI increases push brackets up slower. 79. And besides, the administration seems inclined to ease the sting of any tax increase by spending the proceeds on social investment or a middle-class tax cut. 80. Analysts doubt the measure will undo the effects of the earlier tax increase. |