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If we add those families included in the low-tax bracket, about 87 per cent of households were in poor economic circumstances.
Early attempts to reform the tax system were limited to adopting a ' low-tax-broad-base ' system in 1991.
The government could not restore balance by raising tax rates because it had already committed itself to a restructured, low-tax regime.
Likewise, an engineer going to a high-cost low-tax country may find himself at a considerable disadvantage in returning hospitality.
This country's future must lie in a low-tax, flexible and growing economy, perhaps less regulated than its continental competitors.
We could choose to be a low-tax, low-spending economy or a high-tax, high-spending economy.
They have at last accepted that a low-tax economy is a healthy economy, but it took 18 years for the penny to drop.
I note what he said about a low-tax economy attracting foreign investment.
We must have a low-tax regime that does not crowd out the manufacturing sector.
Free-market efficiency requires a low-tax system, whereas welfarism pre-empts the nation's resources.
We also believe that investment is improved in a low-tax economy.
That means that people with the highest incomes would move to low-tax authority areas and those with low incomes would move to high-tax areas.
That still means that member states can have a high-tax, high-spend sensible deficit, or a low-tax, low-spend sensible deficit.
Many individual countries are trying to discourage the growth of these relatively unsafe, low-tax fleets by legislation which forbids the transference of tonnage.
That is what brings in investment: not only particular incentives but the fact that we are a low-tax country, with no difficulties about labour costs.
