| But the other half of the equation, public spending, negates much of that progressivity. |
| The date above for the elimination of all forms of export subsidies, together with the agreed progressivity and parallelism, will be confirmed only upon the completion of the modalities. |
| For the remaining years, the impacts on personal income tax revenues are higher in the real GDP shock, reflecting higher real income and the progressivity of the tax system. |
| In fact, it is simply a shift towards greater progressivity. |
| Furthermore, due to the progressivity of the tax system, as individuals earn higher real incomes and move into higher tax brackets, they pay proportionally more of their income in taxes. |
| It falls to us to find, for these countries, progressivity systems that do not, under any circumstances, alter the global targets or the final deadline, namely 2020, but that are still acceptable to the other countries. |
