Tax Cuts and Jobs Act of 2017 and Your Taxes. James Nordin, DPA Adjunct Professor Golden Gate University
|
|
|
- Eunice Bruce
- 5 years ago
- Views:
Transcription
1 Tax Cuts and Jobs Act of 2017 and Your Taxes James Nordin, DPA Adjunct Professor Golden Gate University
2 Context Income Taxes are Single Largest Revenue Source for Federal Government Historically, a Progressive Tax System Historically Low Tax Rates Compared to Other Western Democratic Countries
3 Comparative Tax Rates (OECD, 2012) United States Australia Switzerland Japan Canada Spain United Kingdom Germany Netherlands Hungary Norway Sweden Italy France Denmark 0% 10% 20% 30% 40% 50% 60% 3
4 Context Revenue Decisions are Political and Based on Social Values All Revenue and Expense Decisions Determine Who Gets (or Gives) How Much For What There is No Free Lunch 4
5 Standard Deductions and Personal Exemptions 5
6 2017 and 2018 Taxes (Single)) $0 - $9,325 10% $0 - $9,525 10% $9,326 - $37,950 $932 15% $9,526 - $38,700 $952 12% $37,951 -$91,900 $5,226 25% $38,701 - $82,500 $4,454 22% $91,901 - $191,650 $18,714 28% $82,501 - $157,500 $14,090 24% $191,651 - $416,700 $46,644 33% $157,501 - $200,000 $32,090 32% $416,701 - $418,400 $120,910 35% $200,001 - $500,000 $45,690 35% over $418,400 $121, % over $500,000 $150,690 37% 6
7 2017 and 2018 Taxes (Married) $0 - $18,650 10% $0 - $19,050 10% $18,651 - $75,900 $1,865 15% $19,051 - $77,400 $1,905 12% $75,901 - $153,100 $10,452 25% $77,401 - $165,000 $8,907 22% $153,101 - $233,350 $29,752 28% $165,001 - $315,000 $28,179 24% $233,351 - $315,001 - $416,700 $52,222 33% $416,701 - $470,700 $112,728 35% $400,000 $64,179 32% $400,001 - $600,000 $91,379 35% over $470,700 $131, % over $600,000 $161,379 37% 7
8 Corporate Tax Rate Reduced Corporate tax rate reduced from 35% to 21%. Corporate tax changed from global system to territorial system. Pay taxes based on tax code of country where income earned. 95% of US businesses and corporations are partnerships or S Corporation, which means owners are taxed at individual, not corporate rate. New law reduces pass-through taxes via 20% deduction and then limits taxes to 29.6% 8
9 Examples of Impacts of Tax Changes 2017 Single, $65,000 per year Standard Deduction - $6,350 Personal Exemption - $4,050 Taxable Income - $54,600 Taxes Due - $9,389 (14.4%) 2018 Single, $65,000 per year Standard Deduction - $12,000 Personal Exemption None Taxable Income - $53,000 Taxes Due - $7,599 (11.7%) 9
10 Examples of Impacts of Tax Changes 2017 Married, two children, $65,000 per year Standard Deduction - $12,700 Personal Exemption - $16,200 Taxable Income - $36,100 Taxes Due - $4,483 (6.9%) 2018 Married, two children, $65,000 per year Standard Deduction - $24,000 Personal Exemption None Taxable Income - $41,000 Taxes Due - $4,539 (7.0%) 10
11 Examples of Impacts of Tax Changes 2017 Single, $105,000 per year Standard Deduction - $6,350 Personal Exemption - $4,050 Taxable Income - $94,600 Taxes Due - $19,470 (18.5%) 2018 Single, $105,000 per year Standard Deduction - $12,000 Personal Exemption None Taxable Income - $93,000 Taxes Due - $16,610 (15.8%) 11
12 Examples of Impacts of Tax Changes 2017 Married, two children, $105,000 per year Standard Deduction - $12,700 Personal Exemption - $16,200 Taxable Income - $76,100 Taxes Due - $10,503 (10.0%) 2018 Married, two children, $105,000 per year Standard Deduction - $24,000 Personal Exemption None Taxable Income - $81,000 Taxes Due - $9,699 (9.2%) 12
13 Examples of Impacts of Tax Changes 2017 Single, $250,000 per year Standard Deduction - $6,350 Personal Exemption - $4,050 Taxable Income - $239,600 Taxes Due - $62,468 (25.0%) 2018 Single, $250,000 per year Standard Deduction - $12,000 Personal Exemption None Taxable Income - $238,000 Taxes Due - $58,990 (23.6%) 13
14 Examples of Impacts of Tax Changes 2017 Married, no children, $250,000 per year Standard Deduction - $12,700 Personal Exemption - $8,100 Taxable Income - $229,200 Taxes Due - $51,061 (20.4%) 2018 Married, no children, $250,000 per year Standard Deduction - $24,000 Personal Exemption None Taxable Income - $226,000 Taxes Due - $42,819 (17.1%) 14
15 Examples of Impacts of Tax Changes 2017 Single, $525,000 per year Standard Deduction - $6,350 Personal Exemption - $4,050 Taxable Income - $514,600 Taxes Due - $159,363 (30.4%) 2018 Single, $525,000 per year Standard Deduction - $12,000 Personal Exemption None Taxable Income - $513,000 Taxes Due - $155,500 (29.6%) 15
16 Examples of Impacts of Tax Changes 2017 Married, four children, $525,000 per year Standard Deduction - $12,700 Personal Exemption - $24,300 Taxable Income - $488,200 Taxes Due - $138,756 (26.4%) 2018 Married, four children, $525,000 per year Standard Deduction - $24,000 Personal Exemption None Taxable Income - $501,000 Taxes Due - $126,729 (24.1%) 16
17 Examples of Impacts of Tax Changes 2017 Single, Head of household, four children, $30,000 per year Standard Deduction - $9,350 Personal Exemption - $20,350 Taxable Income - $300 Taxes Due - $30 (.1%) 2018 Single, head of household, four children, $30,000 per year Standard Deduction - $18,000 Personal Exemption None Taxable Income - $12,000 Taxes Due - $120 (.4%) 17
18 What Does It Mean Almost everyone pays less tax in 2018 than in Disproportionately less taxes paid by higher incomes. (If you make 8 times as much as a lower income person, you pay only about twice as high a tax rate.) Income tax is less progressive (high income earners pay more, but not as much more). Anti-large family (loss of personal exemptions). If you want to itemize, you need more than $24,000 (married) or $12,000 (single) in itemized deductions. LESS REVENUE OVERALL!! 18
19 Impact of Less Revenue Fewer Services Larger Deficit Increased Debt 19
20 CBO Estimates Deficit (NOT FULL DEBT) Will Exceed $1 Trillion in 2020 Even under the most optimistic estimates of GDP growth, increased economic growth only pays for 65% of loss of revenue. HUH? The deficit MIGHT only exceed $350 billion in Deficit (not debt) has increased by 77% since Mitch McConnell became majority leader in Deficit in 2018 will reach $804 billion; far greater than the debt in any year since just after World War II. Republicans propose to reduce Social Security, Medicare and Medicade to reduce deficit. National debt is on track to reach 100% of GDP by
21 Debt by Party of President 400 Kennedy - Johnson years Series2 21
22 Debt by Party of President 700 Nixon-Ford Years Series2 22
23 Debt by Party of President 1000 Carter Years Series2 23
24 Debt by Party of President 3000 Reagan Years Series2 24
25 Debt by Party of President 4500 H. G. R. Bush Years Series2 25
26 Debt by Party of President 6000 Clinton Years Series2 26
27 Debt by Party of President G. W Bush Years Series2 27
28 Debt by Party of President ObamaYears Series2 28
29 Debt by Party of President Trump (CBO Projections) Series2 29
30 Conclusion 2017 Tax Act MAY be Good for Most Individuals 2017 Tax Act is BAD for the Country Increased Defict and Debt THERE IS NO FREE LUNCH PAY NOW OR PAY LATER 30
Some Basic Facts about Government Expenditures and Taxation in Canada. Econ 525
Some Basic Facts about Government Expenditures and Taxation in Canada Econ 525 Revenues and Expenditures in Canada Since we re studying the role of government in this course it is worth considering some
8-Jun-06 Personal Income Top Marginal Tax Rate,
8-Jun-06 Personal Income Top Marginal Tax Rate, 1975-2005 2005 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 Australia 47% 47% 47% 47% 47% 47% 47% 47% 47% 47% 47% 48% 49% 49% Austria
Burden of Taxation: International Comparisons
Burden of Taxation: International Comparisons Standard Note: SN/EP/3235 Last updated: 15 October 2008 Author: Bryn Morgan Economic Policy & Statistics Section This note presents data comparing the national
Health Care in Crisis
Health Care in Crisis The Economic Imperative for Health Care Reform James Kvaal and Ben Furnas February 19, 2009 1 Center for American Progress Health Care in Crisis U.S. spends twice as much per capita
Corrigendum. OECD Pensions Outlook 2012 DOI: ISBN (print) ISBN (PDF) OECD 2012
OECD Pensions Outlook 2012 DOI: http://dx.doi.org/9789264169401-en ISBN 978-92-64-16939-5 (print) ISBN 978-92-64-16940-1 (PDF) OECD 2012 Corrigendum Page 21: Figure 1.1. Average annual real net investment
Political Developments & The 2017 Tax Cut and Jobs Act
Political Developments & The 2017 Tax Cut and Jobs Act Moderator Elizabeth Creager, AT&T Assistant Vice President for Tax Panelists Rohit Kumar, PwC Principal & Tax Policy Services Leader Jon Lieber, PwC
Sources of Government Revenue in the OECD, 2016
FISCAL FACT No. 517 July, 2016 Sources of Government Revenue in the OECD, 2016 By Kyle Pomerleau Director of Federal Projects Kevin Adams Research Assistant Key Findings OECD countries rely heavily on
Government Health Care Spending and Gross Domestic Product per Capita in 1970 and 2002 (2002 U.S. Dollars)
Health Care Spending: What the Future Will Look Like 1 TABLE A-I Government Health Care Spending and Gross Domestic Product per Capita in 1970 and 2002 (2002 U.S. Dollars) 1970 Gov t Health 2002 Gov t
Approach to Employment Injury (EI) compensation benefits in the EU and OECD
Approach to (EI) compensation benefits in the EU and OECD The benefits of protection can be divided in three main groups. The cash benefits include disability pensions, survivor's pensions and other short-
Slide Set 17: The Debt and the Deficit
Economics 1 Slide Set 17: The Debt and the Outline: s and the National Debt Definitions: measuring the deficit and debt Historical facts Current Events: Tax cuts for the rich? What is fair? Social Security
Sources of Government Revenue in the OECD, 2014
FISCAL FACT Nov. 2014 No. 443 Sources of Government Revenue in the OECD, 2014 By Kyle Pomerleau Economist Key Findings OECD countries rely heavily on consumption taxes, such as the value added tax, and
The Case for Fundamental Tax Reform: Overview of the Current Tax System
The Case for Fundamental Tax Reform: Overview of the Current Tax System Sources of Federal Receipts Projected for 2016 Excise Taxes 2.9% Estate & Gift Taxes 0.6% Corporate Income Taxes 9.8% Other Taxes
2018 INTERNATIONAL CONFERENCE ON MUNICIPAL FISCAL HEALTH U.S. Tax Reform and Its Impact on State and Local Government Finance Presented by Jane L.
2018 INTERNATIONAL CONFERENCE ON MUNICIPAL FISCAL HEALTH U.S. Tax Reform and Its Impact on State and Local Government Finance Presented by Jane L. Campbell ; Director NDC Washington Office National Development
The Lost Decade. Debt Hits 60 Percent of GDP This Year 12 Years Sooner. CBO With Policy, January CBO With Policy, December 2007
The Lost Decade Public Debt as Percent of GDP 100 90 80 70 60 50 40 30 20 Debt Hits 60 Percent of GDP This Year 12 Years Sooner CBO With Policy, January 2010 CBO With Policy, December 2007 1980 1985 1990
Sources of Government Revenue in the OECD, 2018
FISCAL FACT No. 581 Mar. 2018 Sources of Government Revenue in the OECD, 2018 Amir El-Sibaie Analyst Key Findings In 2015, OECD countries relied heavily on consumption taxes, such as the value-added tax,
Sources of Government Revenue in the OECD, 2017
FISCAL FACT No. 558 Aug. 2017 Sources of Government Revenue in the OECD, 2017 Amir El-Sibaie Analyst Key Findings: OECD countries rely heavily on consumption taxes, such as the value-added tax, and social
Federal Tax Reform NCSL Executive Committee Task Force on State and Local Taxation Jackson, Wyoming June 16, 2017
Federal Tax Reform NCSL Executive Committee Task Force on State and Local Taxation Jackson, Wyoming June 16, 2017 Rachelle Bernstein, National Retail Federation Joe Crosby, Multistate Associates, Karl
Statistical annex. Sources and definitions
Statistical annex Sources and definitions Most of the statistics shown in these tables can be found as well in several other (paper or electronic) publications or references, as follows: the annual edition
Saving, Investment, and the Financial System. Premium PowerPoint Slides by Ron Cronovich, Updated by Vance Ginn
C H A P T E R 26 Saving, Investment, and the Financial System Economics P R I N C I P L E S O F N. Gregory Mankiw Premium PowerPoint Slides by Ron Cronovich, Updated by Vance Ginn 2009 South-Western, a
S U M M A R Y B R I E F. The Nordic countries are leaders on gender equality
S U M M A R Y B R I E F May 2018 http://oe.cd/last-mile-gender-nordic The Nordic countries are leaders on gender equality Key measures of gender gaps in employment, Nordic and selected other OECD countries,
A Retrospective on the Tax Law of 2017 and Prospective on the Next Tax Laws Note some estimates represent work in progress that is subject to revision
A Retrospective on the Tax Law of 2017 and Prospective on the Next Tax Laws Note some estimates represent work in progress that is subject to revision Jason Furman Harvard Kennedy School M-RCBG Business
What s Ahead for the Markets and the Economy? Prof. Jeremy J. Siegel ~ The Wharton School WisdomTree Presentations ~ June 2012 Important Information
What s Ahead for the Markets and the Economy? Prof. Jeremy J. Siegel ~ The Wharton School WisdomTree Presentations ~ June 2012 Important Information This presentation represents the opinion of Jeremy Siegel
The Case For Tax Reform. CRFB.org
The Case For Tax Reform 2 The Need for Tax Reform Business Taxes are Uncompetitive Highest corporate rate in developed world Broken international system of taxation Bias toward debt-finance Outdated depreciation
Market Briefing: Gold
Market Briefing: Gold January 3, 218 Dr. Edward Yardeni 516-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table
Household Financial Wealth By Selected Country
Household Financial Wealth By Selected Country US$ Trillions 60 50-37% Indicates Projected Shortfall 40 30 20 Extrapolation of Historical Growth 2003-24 Projection (Based on Demographic Trends) -47% -34%
Chapter 12 Government and Fiscal Policy
[2] Alan Greenspan, New challenges for monetary policy, speech delivered before a symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming, on August 27, 1999. Mr. Greenspan
Table 1: Foreign exchange turnover: Summary of surveys Billions of U.S. dollars. Number of business days
Table 1: Foreign exchange turnover: Summary of surveys Billions of U.S. dollars Total turnover Number of business days Average daily turnover change 1983 103.2 20 5.2 1986 191.2 20 9.6 84.6 1989 299.9
Sources of Government Revenue across the OECD, 2015
FISCAL FACT Apr. 2015 No. 465 Sources of Government Revenue across the OECD, 2015 By Kyle Pomerleau Economist Key Findings OECD countries rely heavily on consumption taxes, such as the value added tax,
Fiscal Projections in OECD Countries: What is produced and what lessons can be learned?
Fiscal Projections in OECD Countries: What is produced and what lessons can be learned? James Sheppard Policy Analyst, Public Governance and Territorial Development Directorate Joint OECD-IPSASB Seminar
A Comparison of the Tax Burden on Labor in the OECD, 2017
FISCAL FACT No. 557 Aug. 2017 A Comparison of the Tax Burden on Labor in the OECD, 2017 Jose Trejos Research Assistant Kyle Pomerleau Economist, Director of Federal Projects Key Findings: Average wage
Income, pensions, spending and wealth
CHAPTER 18 Income, pensions, spending and wealth After four years of growth, the median after-tax income for Canadian families of two or more people remained virtually stable in 2008 at $63,900. The level
National Government Spending, Revenues, and Resulting Surpluses or Deficits , in Billions of Constant (2002) Dollars
Summary of National Government Budget Data 15 National Government Spending, Revenues, and Resulting Surpluses or Deficits 1792-192, in Billions of Constant (22) Dollars 1 5-5 -1-15 1792 182 1812 1822 1832
OECD HEALTH SYSTEM CHARACTERISTICS SURVEY 2012
OECD HEALTH SYSTEM CHARACTERISTICS SURVEY 2012 Emily Hewlett OECD Health Data National Correspondents and Health Accounts Experts Meeting, 17 th October 2013 Health System Characteristics Survey 2012 HSC
Planning for Retirement with Reasonable Targets FCAC-OECD Conference on Financial Literacy
Planning for Retirement with Reasonable Targets FCAC-OECD Conference on Financial Literacy Jack M. Mintz Palmer Chair of Public Policy School of Public Policy The University of Calgary What is the Problem?
TAX POLICY CENTER BRIEFING BOOK. Background. Q. What are the sources of revenue for the federal government?
What are the sources of revenue for the federal government? FEDERAL BUDGET 1/4 Q. What are the sources of revenue for the federal government? A. About 48 percent of federal revenue comes from individual
COMPARISON OF RIA SYSTEMS IN OECD COUNTRIES
COMPARISON OF RIA SYSTEMS IN OECD COUNTRIES Nick Malyshev, OECD Conference on the Further Development of Impact Assessment in the European Union Brussels, RIA SYSTEMS IN OECD COUNTRIES Regulatory Impact
OECD Report Shows Tax Burdens Falling in Many OECD Countries
OECD Centres Germany Berlin (49-30) 288 8353 Japan Tokyo (81-3) 5532-0021 Mexico Mexico (52-55) 5281 3810 United States Washington (1-202) 785 6323 AUSTRALIA AUSTRIA BELGIUM CANADA CZECH REPUBLIC DENMARK
! SoCG!!Boston!2016!! Why!at!Tufts!downtown!campus?! privacy!(at!selected!location)! admin!support! near!zero!cost!
SoCG Boston2016 WhyatTuftsdowntowncampus? privacy(atselectedlocation) adminsupport nearzerocost closetoresidences,hotels,restaurants Thankyoutooursponsors Attendance:>210 Regular:103(includinginvited,and10nonNacademic)
Financial wealth of private households worldwide
Economic Research Financial wealth of private households worldwide Munich, October 217 Recovery in turbulent times Assets and liabilities of private households worldwide in EUR trillion and annualrate
The Outlook for the U.S. Economy and the Policies of the New President
The Outlook for the U.S. Economy and the Policies of the New President Jason Furman Senior Fellow, PIIE SNS/SHOF Finance Panel Stockholm June 12, 2017 Peterson Institute for International Economics 1750
Social Expenditure in Japan: Trends and Backgrounds
Social Expenditure in Japan: Trends and Backgrounds Junko Takezawa The 9th Social Experts Meeting the Center Mark Hotel in Seoul (28 29 October 2014) Presentation Outline 1. Trends in Social Expenditure
The Socialist Federal Republic of Yugoslavia takes part in some of the work of the OECD (agreement of 28th October 1961).
I 1 Pursuant to article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Co-operation and Development (OECD) shall
rate (%) Nuclear fuel 42.4 Prepackaged software 39.7 Inventories 39.0 Office and accounting equipment 39.0 Computers and peripheral equipment
Highest marginal effective tax rates on capital income of corporations by asset type (214) Asset type Marginal effective tax rate (%) Nuclear fuel 42.4 Prepackaged software 39.7 Inventories 39. Office
Health Care Reform Implementation. August 4, 2013
Health Care Reform Implementation August 4, 2013 How We Got Here Historical Perspective 1912 Former President Theodore Roosevelt campaigns on health care reform. 1935 President Franklin Roosevelt opts
Ways to increase employment
Ways to increase employment Iceland Luxembourg Spain Canada Italy Norway Denmark Germany Portugal Ireland Japan Belgium Switzerland Austria Slovenia United States New Zealand Finland France Netherlands
American healthcare: How do we measure up?
American healthcare: How do we measure up? December 2009 September 2009 Lauren Damme Economic Growth Program Next Social Contract Initiative The U.S. is one of the only industrialized nations in the world
Annuities: a private solution to longevity risk
Annuities: a private solution to longevity risk Product & Knowledge Fair 2007 Rüschlikon 30 March 2007 Thomas Hess Head of Economic Research & Consulting Veronica Scotti Client Solutions Need for private
PENSIONS IN OECD COUNTRIES: INDICATORS AND DEVELOPMENTS
PENSIONS IN OECD COUNTRIES: INDICATORS AND DEVELOPMENTS Marius Lüske Directorate for Employment, Labour and Social Affairs, OECD Lisbon, 28.09.2018 Marius.LUSKE@oecd.org www.oecd.org/els OUTLINE Talk based
Double-Taxing Capital Income: How Bad Is the Problem?
November 15, 2006 Double-Taxing Capital Income: How Bad Is the Problem? by Patrick Fleenor Fiscal Fact No. 71 Introduction Double taxation is a common and often misused expression in tax policy discussions.
Nuts & Bolts of Corporate Tax Reform
Nuts & Bolts of Corporate Tax Reform July 19, 2013 Presentation for the Alliance for a Just Society Steve Wamhoff, Citizens for Tax Justice The Work of Citizens for Tax Justice (CTJ) on Federal Tax Policy
Markets for Medical Care
Markets for Medical Care Robert M. Coen Professor Emeritus of Economics Northwestern Alumnae Continuing Education January 12, 2017 An Exemplary Market: Tea Essential requirements Consumers are well-informed
Growth in OECD Unit Labour Costs slows to 0.4% in the third quarter of 2016
Growth in OECD Unit Labour Costs slows to.4% in the third quarter of 26 Growth in unit labour costs (ULCs) in the OECD area slowed to.4% in the third quarter of 26 (compared with.6% in the previous quarter)
Low employment among the 50+ population in Hungary
Low employment among the + population in Hungary The role of incentives, health and cognitive capacities Janos Divenyi (Central European University) and Gabor Kezdi (Central European University and IE-CRSHAS)
Imports. Exports. T135 Figure 18-1 U.S. Exports and Imports as Ratios of GDP, Ratio to GDP
T135 Figure 18-1 U.S. Exports and Imports as Ratios of GDP, 1929 1998 0.14 0.12 Imports 0.10 Ratio to GDP 0.08 0.06 Exports 0.04 0.02 0.00 1930 1940 1950 1960 1970 1980 1990 1998 T136 Table 18-1 Ratios
Switzerland and Germany top the PwC Young Workers Index in developing younger people
Press release Date 9 November 2015 Contact Mihnea Anastasiu Pages 5 Media Relations Manager Tel: +40 21 225 3546 Email: mihnea.anastasiu@ro.pwc.com Switzerland and Germany top the PwC Young Workers Index
SKEMA BUSINESS SCHOOL Global risk and the mounting wealth gap Michel Henry Bouchet
SKEMA BUSINESS SCHOOL Global risk and the mounting wealth gap Michel Henry Bouchet MYTH = GLOBALIZATION GENERATES GROWING ECONOMIC WEALTH AND WELL-BEING FOR ALL Fact: Economic growth boils down to rising
A short history of debt
A short history of debt In the words of the late Charles Kindleberger, debt/financial crises are a hardy perennial we have been here many times before. Over the past decade and a half the ratio of global
International Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the
Statistical Annex ANNEX
ISBN 92-64-02384-4 OECD Employment Outlook Boosting Jobs and Incomes OECD 2006 ANNEX Statistical Annex Sources and definitions Most of the statistics shown in these tables can be found as well in three
COVERAGE OF PRIVATE PENSION SYSTEMS AND MAIN TRENDS IN THE PENSIONS INDUSTRY IN THE OECD
COVERAGE OF PRIVATE PENSION SYSTEMS AND MAIN TRENDS IN THE PENSIONS INDUSTRY IN THE OECD Fafo Pension Forum Oslo, 16 November 2012 Stéphanie Payet OECD Financial Affairs Division Structure of the Presentation
Global Environment Facility
Global Environment Facility LDCF/SCCF Council Meeting November 16, 2007 GEF/LDCF.SCCF.3/Inf.2 November 9, 2007 STATUS REPORT ON THE CLIMATE CHANGE FUNDS AS OF SEPTEMBER 30, 2007 (Prepared by the Trustee)
American healthcare: How do we measure up?
American healthcare: How do we measure up? December 2009 September 2009 Lauren Damme Economic Growth Program Next Social Contract Initiative The U.S. is one of the only industrialized nations in the world
The Economics of Public Health Care Reform in Advanced and Emerging Economies
The Economics of Public Health Care Reform in Advanced and Emerging Economies Benedict Clements Fiscal Affairs Department, IMF November 2012 This presentation represents the views of the author and should
BRIEF STATISTICS 2009
BRIEF STATISTICS 2009 Finnish Tax Administration The Tax Administration is organized under the jurisdiction of the Ministry of Finance. The Tax Administration collects about two-thirds of the taxes and
Long Term Reform Agenda International Perspective
Long Term Reform Agenda International Perspective Asta Zviniene Sr. Social Protection Specialist Human Development Department Europe and Central Asia Region World Bank October 28 th, 2010 We will look
Recommendation of the Council on Tax Avoidance and Evasion
Recommendation of the Council on Tax Avoidance and Evasion OECD Legal Instruments This document is published under the responsibility of the Secretary-General of the OECD. It reproduces an OECD Legal Instrument
TOP DOWN BUDGETING & ITS RELATIONSHIP TO FISCAL RULES & DELEGATION OF AUTHORITY
TOP DOWN BUDGETING & ITS RELATIONSHIP TO FISCAL RULES & DELEGATION OF AUTHORITY Barry Anderson Organization for Economic Cooperation & Development Meeting of Senior Budget Officials from Latin American
CHARTS MAY 23, 2017 WASHINGTON, D.C.
CHARTS MAY 23, 2017 WASHINGTON, D.C. Peterson Foundation charts are available online and are free to use without modification for educational and editorial use, with credit to the Peter G. Peterson Foundation
Chart 1. Percent change in manufacturing output per hour,
For release 10:00 a.m. (EDT) Thursday, October 22, 2009 Technical Information: (202) 691-5654 ilchelp@bls.gov www.bls.gov/ilc Media Contact: (202) 691-5902 PressOffice@bls.gov USDL-09-1271 INTERNATIONAL
6 Learn about Consumption Tax
Learn about Consumption Tax 1 About Consumption Tax Consumption tax is levied widely and fairly on consumption in general. In principle, sales and provision of all goods and services in Japan are subject
The Canadian Pension System
The Canadian Pension System Edward Tamagno Policy Associate Caledon Institute of Social Policy Ottawa, Canada General Assembly of the Japan Pension Research Council Tokyo, 8-98 9 September 2005 Outline
Who Receives Benefits from the DI Program?
DI The 3 2 1 Social Security Disability Insurance Program Disabled Worker Beneficiaries (Percentage of people ages 2 to 64) Men Women.6.8 The Social Security Disability Insurance (DI) program provided
Turkey s Saving Deficit Issue From an Institutional Perspective
Turkey s Saving Deficit Issue From an Institutional Perspective Engin KURUN, Ph.D CEO, Ziraat Asset Management Oct. 25th, 2011 - Istanbul 1 PRESENTATION Household and Institutional Savings Institutional
Finally arriving? Pension Reforms in Europe
Finally arriving? Pension Reforms in Europe Chris de Neubourg Tokyo 2010 Finally arriving? Pension Reforms in Europe Chris de Neubourg Innocenti Research Centre, Unicef, Florence October 2010 Drivers
Back to Taxachusetts Series: Capital Gains
P O L I C Y B R I E F Back to Taxachusetts Series: Capital Gains By Gregory Sullivan Proposition 80 is an initiative petition measure, scheduled to appear on the state ballot in November 2018, that would
Overview of Hungary s economy
Overview of Hungary s economy Dr. Petra Ponevács-Pana Deputy State Secretary for Investment Promotion Ministry of Foreign Affairs and Trade of Hungary Helsinki, Finland 26th November 2018 Hungary s economic
Investing for our Future Welfare. Peter Whiteford, ANU
Investing for our Future Welfare Peter Whiteford, ANU Investing for our future welfare Presentation to Jobs Australia National Conference, Canberra, 20 October 2016 Peter Whiteford, Crawford School of
International Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
CBO s Current Law Projections
The Debt Challenge CBO s Current Law Projections in trillions $25.0 Debt Held By The Public* 100% $20.0 73% 77% 90% 80% $15.0 58% 70% 60% $10.0 36% $11.3 $12.5 $14.5 50% 40% 30% $5.0 $5.0 20% 10% $0.0
UK ECONOMY SITUATION & PROSPECTS
UK ECONOMY SITUATION & PROSPECTS 26 November 2013 Hermione Gough Counsellor Europe and Global Issues British Embassy Paris UNCLASSIFIED 1 The pace of recovery picked up further in Q3, with UK GDP expanding
Fiscal Policy in Japan
Fiscal Policy in Japan - Issues and Future Directions- June 10th, 2015 Ministry of Finance General Government Gross Debt and Financial Balances (International Comparison) (%) 240 210 General Government
Key Issues in the Design of Capital Gains Tax Regimes: Taxing Non- Residents. 18 July 2014
Key Issues in the Design of Capital Gains Tax Regimes: Taxing Non- Residents 18 July 2014 How do we tax non-residents on capital income? Domestic design issues Tax treaty issues Interrelationship between
CHARTS MAY 10, 2018 WASHINGTON, D.C.
CHARTS MAY 10, 2018 WASHINGTON, D.C. Peterson Foundation charts are available online and are free to use without modification for educational and editorial use, with credit to the Peter G. Peterson Foundation
Outlook Overview: OECD Countries UN LINK Conference, Bangkok October, 2009
Outlook Overview: OECD Countries UN LINK Conference, Bangkok 26 28 October, 2009 Dave Turner OECD, Economics Department OECD Outlook: Outline 1. Recovery underway but will probably be slow 2. Risks and
EMPLOYMENT RATE Employed/Working age population (15-64 years)
1 EMPLOYMENT RATE 1980-2003 Employed/Working age population (15-64 years 80 % Finland (Com 75 70 65 60 EU-15 Finland (Stat. Fin. 55 50 80 82 84 86 88 90 92 94 96 98 00 02 9.9.2002/SAK /TL Source: European
Basic information. Tax-to-GDP ratio Date: 24 October 2012
Federal Department of Finance FDF Federal Finance Administration FFA Basic information Date: 24 October 2012 Tax-to-GDP ratio 2011 The tax-to-gdp ratio is the sum of all taxes and social security levies
The Global Financial Crisis and the Return of the Nordic Model?
The Global Financial Crisis and the Return of the Nordic Model? Lars Calmfors Embassy of Denmark and the Swedish Institute of International Affairs 18 November Topics 1. The global economic crisis 2. Globalisation
BLS Spotlight on Statistics: International Labor Comparisons
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 5-2013 BLS : International Labor Comparisons Bureau of Labor Statistics Follow this and additional works at:
Leasing in Europe & Beyond: State of Play & Outlook. Barcelona October 2014
Leasing in Europe & Beyond: State of Play & Outlook Barcelona October 2014 Agenda 1 - Leasing in Europe & beyond 2 - State of the industry 3 - Industry performance 4 - Outlook for the future Leaseurope
International Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
Bank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets
Bank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for, and Amounts Outstanding as at June 30, March, 2005 Turnover data for, Table
BETTER POLICIES FOR A SUCCESSFUL TRANSITION TO A LOW-CARBON ECONOMY
BETTER POLICIES FOR A SUCCESSFUL TRANSITION TO A LOW-CARBON ECONOMY Rintaro Tamaki Deputy Secretary-General, OECD International Forum for Sustainable Asia and the Pacific (ISAP)1 Yokohama, July 1 Four
THE TAX SYSTEM IN BELGIUM COMPARED TO OTHER OECD COUNTRIES
THE TAX SYSTEM IN BELGIUM COMPARED TO OTHER OECD COUNTRIES TOWARDS A WELL-BALANCED FUNDAMENTAL TAX REFORM IN BELGIUM Bert Brys, Ph.D. 14 October 2013 Senior Tax Economist Centre for Tax Policy and Administration
Breakdown of key aggregates at the sub-national level
Motivations of the project Breakdown of key aggregates at the sub-national level Poverty risks are unequally distributed within countries across sub-national units. High policy demand for up-to-date information
Working Group on Bribery: 2012 Data on Enforcement of the Anti-Bribery Convention
Working Group on Bribery: 2012 Data on Enforcement of the Anti-Bribery Convention Highlights from the Working Group on Bribery Enforcement Data, as of December 2012 221 individuals and 90 entities have
Implications of Federal Budget Problem Crop Management Conference November 30, 2011 Hilton Garden Inn, Columbia
Implications of Federal Budget Problem Crop Management Conference November 30, 2011 Hilton Garden Inn, Columbia Ron Plain D. Howard Doane Professor Dept Ag & Applied Economics University of Missouri-Columbia
Italy end inventory 100. Milestone 1 to End. Start to Milestone
Italy 7 6 5 Total MAP Caseload Cases started before 1 January 216 217 start inventory Cases started Cases closed 217 end inventory 157 26 131 129 5 124 4 3 2 Cases started as from 1 January 216 217 start
Programme for Government Joe Reynolds Director Programme for Government and Delivering Social Change
Programme for Government 2016-21 Joe Reynolds Director Programme for Government and Delivering Social Change Context the rationale for change Current PfG is a list of 82 Commitments Executive record on
Financial Stability (EX) Task Force
Financial Stability (EX) Task Force April 3, 2016 Monitoring Interest Rate Risk Low Interest Rate Study Update Larry Bruning FSA, MAAA Life Actuary NAIC 1 Low Interest Rate Study U.S. 713 Life Insurance
Canada s old-age pension system in an international perspective
CANADA S PENSION SYSTEM IN AN INTERNATIONAL PERSPECTIVE RETIREMENT INCOME AND MIDDLE-INCOME CANADIANS QUEEN S INTERNATIONAL INSTITUTE ON SOCIAL POLICY, 20 AUGUST 2014 Hervé Boulhol Senior Economist (Pensions