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?
" ... The final, and much the largest, subsidy is that they've simply assumed that everything consumed in the economy should be paying much the same tax rate in order to raise revenue to pay for government. So, for example, domestic energy supplies in my native UK pay a lower VAT rate than most other items (from memory, 5% instead of 20%). This is regarded as a subsidy here. Do note that this means that food (which pays a 0% VAT rate) is thus subsiodised even more than energy is by this method of calculation. And also do note that they're starting from the assumption that the tax system in each country should be severly regressive: because that sort of consumption taxation on everything is extremely regressive. This just isn't what we would normally describe as a subsidy although we can, if we want to, stretch the meaning to include it. ... "