On television, Romney argued that his extremely low capital gains rate is productive.
On the tax front, the Obama administration's almost singular focus on health care has detracted from its plans to raise the rate of taxation on the productive efforts of the rich.
For the most productive members of society, our progressive tax rate removes the incentive for investment.
If the euro area lifted its employment ratio to American levels gradually over a 20-year period, this would raise the annual growth rate of the region's productive potential by almost 1%.
If so, output will in total have fallen by almost one-third relative to productive potential (as measured by the economy's trend growth rate of 7%).
At this rate, India can absorb foreign capital and put it to productive use, unlike some of the Southeast Asian economies.
And what he found was that the mere fact that people get closer to each other stimulates all sorts of productive behavior, behavior which produces tangible results that grow at an exponential rate.
Tax rate cuts are inherently pro-growth because they increase incentives for productive activities, by enabling producers to keep a higher percentage of what they produce.
FORBES: President Obama Offers A Repeat Of His Same Failed Policies
The marginal tax rate is the rate on the next dollar to be earned from any investment, enterprise or productive activity.
First savers are receiving a low rate of return on investing in short term government bonds because such investment is not economically productive.
Meanwhile, however, the literacy rate among men of working age has risen to 70%, making the labour force much more productive than in the past.
Overall, U.S. industry has become among the most productive in the world--output has doubled over the past 25 years, and productivity has grown at a rate twice that of the rest of the economy.
应用推荐