tax reduction and exemption

基本解釋

Articles 4 and 5 of the Individual Income Tax Law specify tax exemptions and reduction for Individual Income Tax , For details, you may refer to the law.
個(gè)人所得稅法第四條、第五條分別規(guī)定了免征和減征稅款的個(gè)人所得，詳細(xì)情況您可以參閱。
Yes, there are. Articles 4 and 5 of the Individual Income Tax Lawspecify tax exemptions and reduction for Individual Income Tax , Fordetails, you may refer to the law.
有。個(gè)人所得稅法第四條、第五條分別規(guī)定了免征和減征稅款的個(gè)人所得，詳細(xì)情況您可以參閱。
Instead, it would use the savings it would garner by eliminating many of the loopholes and exemptions in America’s tax code to pay for big tax cuts, not deficit reduction.
實(shí)際上，按照該方案，通過堵住美國稅收制度的漏洞和取消眾多免稅權(quán)這兩種方法增加的收入將用于為大型減稅項(xiàng)目買單，而不是為削減赤字買單。

On the positive side, it would seem that, thanks to the often substantial increase in the basic allowance and the reduction or removal of exemptions, fears that the flat tax reforms would greatly reduce personal-income tax progressivity—the notion according to which economic agents should pay higher effective tax rates the more they earn—have been overblown.
ECONOMIST: Will more of eastern Europe adopt flat-rate tax regimes?