I think the problem with schools is not too many incentives but too few. Because of tenure, teachers’ unions, and the fact that teachers generally aren’t observed in their classrooms, they can do whatever they want in class.
We would like a stable policy framework, and whatever incentives and tax structures are there should be made known to investors upfront. There should be credibility, clarity and continuity in both policy formulation and its implementation.
I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.
The current administration has made the decision to cut dollars going for community development block grants, for various incentives to bring cities back.
I have started or run several companies and spent time with dozens of entrepreneurs over the years. Virtually none of them, in my experience, made meaningful personnel or resource-allocation decisions based on incentives or policies.
If you take a look at Medicare, there are things we could do, not just tort reform but truly reform the whole reimbursement system which will help in terms of reducing costs and creating the right kind of incentives for savings.
Competitive programs such as Race to the Top provide incentives for communities to develop new solutions for old problems. Because of Race to the Top, states have raised their standards and committed to fixing schools that have persistently failed students.
But the dollars spent on economic incentives and new investment strategies are wasted unless we seriously address the two most important economic issues in Kansas: education and health care.
People from both political parties have long recognized that welfare without work creates negative incentives that lead to permanent poverty. It robs people of self-esteem.
But the point of a progressive revenue tax is that you create incentives both for breakups, you penalize the acquisitions, and you encourage the development of models where the customers are customers and they know what they’re giving up.
Our electoral process has created perverse incentives that have warped our democracy and empowered special interests and a vocal minority.
When I was a child and teenager I read whenever I had the opportunity, but since then I’ve found it hard to read as much as I’d like, children, work, and pets all providing powerful incentives to escape into a book and a practical reason why I rarely do so.
When you rely on incentives, you undermine virtues. Then when you discover that you actually need people who want to do the right thing, those people don’t exist because you’ve crushed anyone’s desire to do the right thing with all these incentives.
So many American and international producers want to shoot in the U.K. because of our crew base and tax incentives.
Pay-for-procedure or fee-for-service reimbursement rewards doctors and hospitals for volume – not keeping patients healthy or being efficiency. Pay-for-Performance is clearly one tool that can change the incentives to reward quality.
The tax incentives in place for ‘House of Cards’ in Maryland have resulted in hundreds and hundreds of jobs and not just for actors, but for carpenters and waitresses and hotel workers. The amount of hotel nights and meals that the production of a television series brings to a state is staggering.
When a state offers your company an attractive package of incentives to relocate, you have to look at it, and if it significantly boosts your bottom line, you have to take it or answer to your investors.
I’d rather live in a world where firms don’t have these enormous incentives to spy on individuals.
What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax.
Affordability is critical so that patients have access to medicines. At the same time, it’s also important that we have the kind of incentives that allow us to do the kinds of studies that we need to do to go after these diseases like Alzheimer’s.
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
African countries lose billions every year because of tax dodging by big corporations and wealthy individuals. They lose billions more from overly generous tax incentives in a misguided belief that this is the only way to attract foreign investment.
If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico.
More climate-friendly, coordinated laws, policies, and incentives are needed.
Conflicting legislation and regulations, overlapping mandates, unwillingness to enforce land use, elite capture, entrenched attitudes, and lack of incentives to influence behavior are rife in many resource-rich countries.
Don’t get diverted by trying to do things for your own advancement. In other words, don’t be lured into responding to incentives.
Tax incentives might spur hiring in the short run, but how lasting are those gains if the jobs expire with the tax credits and they come at the expense of investing in the new technologies of the future?
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