Profits have picked up this year but the return on capital remains tiny.
利润本年度上升了，但资本收益仍然很少。
So should distorting exemptions on capital-gains taxes;
对于资本利的税收也应该变相免除；
But others will see their apparent return on capital plunge.
但其他行业会发现其资本收益率大幅下降。
But to myself it was clear that I was living on capital.
但在我自己看来，我明显是在吃老本。
And you'll get a tax break on capital gains-if any-when you sell.
如果要出售房产的话，你的资本收益将得到税收减免。
Increasingly countries are turning to controls on capital inflows.
越来越多的国家转向控制资本流动。
Relying on capital flows to fund that is not always comfortable.
依靠资本流动来集资并不总是可取的。
Tax rates on capital income should therefore be low or even zero.
因此，资本收入的税率应当很低，甚至为零。
If the world were a giant company, its return on capital would be falling.
若将世界比成一家大公司，其资本报酬率的下跌在所难免。
Profit on capital is down almost 12%, and return on assets is down 23%.
资本利润率下降了近12%，资产收益率下降了23%。
The lower rate on capital gains and dividends also mostly benefits the rich.
资本增值和资本股息的低税率主要有利于富裕人群。
Mr Bush cut taxes on income in 2001 and on capital gains and dividends in 2003.
布什于2001年在收入方面削减税收，2003年削减了资本增值税和资本股息税。
He also insists on strong cash flows, high returns on capital and low debt.
他还强调充实的现金流、高额资本回报和低负债率。
Modest controls on capital inflows are one way to keep such speculators in check.
对资本流入的谨慎控制则是抑制此类投机者的一个方法。
Several emerging economies will reintroduce or strengthen controls on capital inflows.
一些新型经济体将重新引入或加强对资本流入的管控。
If returns on capital are high, then new companies will emerge to take advantage of this.
如果资本回报很高，那么新的公司就会过来分一杯羹。
This is of no benefit to shareholders without an overall improvement in return on capital.
如果没有资本回报率的整体改善，这种情况对股东没有任何好处。
This could mean agreed minimum tax rates, he suggests, notably on capital and corporate profits.
这意味着，特别是在资本和企业利润上有一致的最小化关税率。
In theory, a country's equilibrium interest rate should equal its marginal return on capital.
从理论上讲，一国的平衡利率应该等于该国的资本边际收益率（资本收益的一种换算方式）。
In theory, a country's equilibrium interest rate should equal its marginal return on capital.
从理论上讲，一国的平衡利率应该等于该国的资本边际收益率（资本收益的一种换算方式）。
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