21. He also rejects arguments that eliminating the tax would crimp charitable donations. 22. Greater personal savings and investment also would result from eliminating taxes on savings and investment income. 23. In its interim report released last month, the brokerages panel said the government should consider eliminating the taxes but failed to set any timetable. 24. In the meantime, the government can simplify the tax system, eliminate minor taxes and cut some top rates for businesses. 25. Intends to simplify taxes in first year by eliminating minor taxes and merging others. 26. It appears unlikely that Congress will eliminate the tax. 27. Indeed, India has already threatened to ask the WTO to investigate whether the European Union is unfairly helping Pakistan by eliminating import taxes. 28. It also notes that eliminating the tax would very likely have a devastating effect on charitable giving. 29. It wants to increase income taxes on the wealthy but also to make street vendors pay taxes, and to eliminate all taxes on the assets of small businesses. 30. It would also eliminate taxes on investment income for individual taxpayers. |