Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... Over the past few years, Jamaica has gradually revised its assets tax regime — which was widely regarded as distortionary — to reduce burdens on business. Initially, the country imposed two types of assets tax: a 0.25 percent tax on the “taxable value” of assets held by government-regulated deposit-taking institutions, securities dealers, life insurance companies, and property and casualty insurance companies; and a flat, sliding-scale tax from JMD 5,000 to JMD 200,000 (based on the value of their assets) on nonfinancial institutions. ... "
" ... The United States has built an ecosystem that, despite its often distortionary effects, has supported millions of rural farmers and their communities, turning this country into the world’s leading agricultural exporter. ... "
" ... The party is not being asked to raise marginal tax rates in a way that might pervert incentives. On the contrary, Republicans are merely being asked to close loopholes and eliminate tax expenditures that are themselves distortionary. ... "
" ... The usual pushback from companies is that they would rather not reveal trade secrets related to what is cooking in the lab. Fair enough, but the extent of opacity is reaching distortionary levels. Absence of data breeds speculation and fantasy-based valuations. Moreover, the trade secret argument is not as watertight as it might seem. Besides, non-compete laws do not hold in California. The easiest way for a competitor to find out what might be going on is to tap into the industry-gossip network or hire out former employees. Moreover, the bigger barrier today is not information but imitation. Most of us know Amazon’s strategy but could never imitate or replicate it in a million years. ... "
" ... These distortionary and informational differences lead us to conclude that innovation sticks are more likely to be valuable when applied to industries with easy to identify incumbents and sufficient fixed costs to dampen the risk of exit. Sticks may also be appropriate in areas where innovation is relatively low-cost but externalities are a problem. If you don’t need compensation, then sticks are a more efficient means than carrots to induce people to take a certain class of costs into account (for example, to design less polluting cars). ... "