capital levy (Meaning)
Wordnet
capital levy (n)
a tax on capital or property
Synonyms & Antonyms of capital levy
No Synonyms and anytonyms found
capital levy Sentence Examples
- The government proposed a capital levy to generate additional revenue for public projects.
- The capital levy aims to redistribute wealth and reduce economic inequality.
- Opponents of the capital levy argue that it discourages investment and entrepreneurship.
- During times of crisis, governments may resort to a capital levy as an emergency measure to stabilize public finances.
- Wealthy individuals often seek ways to minimize their exposure to capital levies through strategic tax planning.
- The capital levy is calculated based on the net worth of an individual or corporation, including assets such as property, investments, and savings.
- Some economists advocate for the implementation of a progressive capital levy to address wealth concentration and fund social programs.
- The capital levy is controversial, with proponents citing its potential to fund essential services and opponents expressing concerns about its impact on economic growth.
- Capital levies have been historically rare but have been imposed in times of extreme economic distress, such as during wars or financial crises.
- The government announced plans to introduce a capital levy as part of its fiscal policy to address budget deficits and fund social welfare programs.
FAQs About the word capital levy
a tax on capital or property
No synonyms found.
No antonyms found.
The government proposed a capital levy to generate additional revenue for public projects.
The capital levy aims to redistribute wealth and reduce economic inequality.
Opponents of the capital levy argue that it discourages investment and entrepreneurship.
During times of crisis, governments may resort to a capital levy as an emergency measure to stabilize public finances.
