Most of the red ink results from the enormous hole the recession has punched in GDP and consequently in tax revenue, the cost of bailing out the financial system, and interest on the mounting debt.

大部分的财政赤字产生于由经济衰退造成的巨大GDP缺口，以及因此减少的税收、救助金融系统花费的成本和因债款增加而增加的利息。

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We also, though, need to have a tax system that rewards work and not just financial transactions.

我们同时需要一个能够让劳动有回报的税收系统，而不是仅仅反应金融交易。

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For total consideration, we will include the financial benefit, tax saving, employee morale, training, cash flow etc. to consider the ROI and P&L of a system.

出于全盘考虑，我们应该包括整个财政优势，税率节约，员工士气，培训，现金周转等因素来评价整套ROI与P&L系统。

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Japanese companies concentrated on investment not profits because the financial system and the tax regime encouraged them to do just that.

ECONOMIST: Worse to come

Consumers because absolutely everything is made through the intermediation of the financial system and at each point of such contact with that system the tax will be charged.

FORBES: The Truth About the Financial Transactions Tax or the Robin Hood Tax

Now it is back at the front line of gargantuan bail-out packages, wrangling over government spending and tax reform, and attempts to stop sovereign defaults further disturbing the jittery global financial system.

ECONOMIST: The Russian default