Sentences with phrase «fair share tax»

With Fair Share Tax Reform, which would raise taxes on only the wealthiest New Yorkers making more than $ 250,000 a year, we can ensure all New Yorkers share in the sacrifice while preventing the need to make the most severe cuts that would disproportionately hurt working and middle - class families.»
Proponents of the plan, called «Fair Share Tax Reform,» predict that it would bring up to $ 6 billion into cash - strapped state coffers, which are facing steep deficits over the next few years.
CVH has chapters in NYC, Yonkers, Newburgh and Poughkeepsie and organizes around a truly affordable housing, a just social safety net, good jobs and access to them, a participatory democracy, and a fair share tax system to fund critical programs for low - income families.
«The only way to respond to cuts coming from President Trump and the GOP Congress is to look at fair share tax revenues,» said Michael Kink, the executive director of Strong Economy for All.
Gov. Cuomo says he doesn't want to raise taxes, but if he wants to show progressive leadership and meet New Yorkers» needs, the budget he signs must include fair share taxes on the wealthy such as an extended and expanded millionaires» tax and the mansion tax.»
«All of those things are serious needs, and fair share taxes absolutely could help the state meet them.»
«There is a real need, and fair share taxes can fill the hole.»

Not exact matches

The Liberals say that certain taxpayers are using corporations to pay less than their «fair share» of taxes.
Unfortunately, few finance ministers are brave enough to talk plainly about what people actually pay in taxes and receive in government transfers or what they think is a «fair» distribution of the tax / transfer burden we all share.
In the letter, which has been published online, the civic leaders said Amazon must be ready to hire local workers, pay its fair share of local taxes, and negotiate with the local community to ensure its facility will positive impact everyone.
The IRS is waking up to the problem, and taking steps to ensure that Uber drivers and Airbnb hosts pay their fair share of taxes.
Earlier this month, that fuse got significantly shorter once the President weighed in on the issue, as he publicly shamed companies that are not collecting their fair share of local taxes.
But given the complexity of the tax code, the number of loopholes, and the size of some companies» accounting departments, a commitment to paying your fair share is probably non-trivial.
Apple has countered by saying that it does pay its fair share and has criticized the government's tax laws.
That said, Sanders has been critical of Apple, saying last month that the company should pay its «fair share» of taxes, a barb that Apple has faced in the past over claims it doesn't pay enough taxes in the United States.
Residents of Princeton, New Jersey want the university of the same name to pay its fair share in property taxes.
Prime Minister Justin Trudeau has been adamant his government wouldn't increase taxes on online subscriptions, but his finance minister has suggested the Liberals want to ensure online firms pay their fair share of taxes.
In an Asset & Wealth Management report released on Monday, PwC said the public was increasingly hostile towards those perceived to be not paying their «fair share» of tax, and that businesses would need to put more effort into tax transparency in future.
In 2000, he described his responsibilities at Donovan, Leisure as being «to keep certain large corporations from paying their fair share of taxes
A majority of Americans said they now believe middle - income people are paying their fair share of taxes.
«Being viewed as not paying a fair share of tax or using questionable tax havens will be unacceptable.»
The IRS wants their fair share of employment taxes.
And we will keep closing tax loopholes so every Canadian pays their fair share.
Competition commissioner Margrethe Vestager said in a statement: «All companies, big or small, multinational or not, should pay their fair share of tax.
The sharing platform said it will make sure homeowners pay their «fair share» of hotel and tourist taxes.
The stock grants will generally be subject to tax upon vesting as ordinary income equal to the fair market value of the shares at the time of vesting less the amount paid for such shares, if any.
When shares of Capital Stock are to be issued upon the exercise, grant or vesting of an Incentive Award, Google shall have the authority to withhold a number of such shares having a Fair Market Value at the date of the applicable taxable event determined by the Committee to be sufficient to satisfy the minimum federal, state and local withholding tax requirements, if any, attributable to such exercise, grant or vesting but not greater than the minimum withholding obligations, as determined by Google in its sole discretion.
A participant who is granted an ISO does not recognize taxable income at the time the ISO is granted or upon its exercise, but the excess of the aggregate fair market value of the shares acquired on the exercise date (ISO shares) over the aggregate exercise price paid by the participant is included in the participant's income for alternative minimum tax purposes.
Otherwise, you will wind up paying more than your fair share of taxes.
Called the Airbnb Community Compact, the document outlines several ways that the popular company plans to work with municipalities, including sharing anonymized data on the hosts and guests who use the service, preventing illegal hotel landlords from operating on the platform, and promising to pay its «fair share» of hotel and tourist taxes in cities that have them.
The difference between the option exercise price and the fair market value of the Shares on the exercise date is treated as an adjustment in computing the optionee's alternative minimum taxable income and may be subject to an alternative minimum tax which is paid if such tax exceeds the regular tax for the year.
Starbucks said: «We have paid and will continue to pay our fair share of taxes in full compliance with all UK tax laws, as we always have.
Oregon statutes require tax assessors to correct tax roll omissions when they are discovered so that everyone pays their fair share of taxes.
Susan, an employee, earns employment income of $ 220,000 and pays her fair share of taxes totalling $ 79,000.
Your amount realized will be measured by the sum of the cash or the fair market value of other property received plus your share under the partnership tax rules of our liabilities, if any.
The government perceives that these people are avoiding paying their fair share of taxes as opposed to investing in their business and maintaining their competitive advantage.
Long story short, the IRS is more serious than ever about cracking down on cryptocurrency tax evaders, and it has three ways of getting its fair share from virtual token users.
However, the amount by which the fair market value of the shares at the time of exercise exceeds the option price will be an «item of adjustment» for participant for purposes of the alternative minimum tax.
The plan also leaves some decisions up to Congress, such as imposing restraints on wealthy individuals benefitting from the 25 % rate for pas - through businesses and the possibility of a fourth individual tax rate, higher than 35 %, to ensure that the rich pay their fair share of tax.
Put plainly, investors were knowingly and willing avoiding paying their fair share of capital gains tax.
Upon exercise of an ISO, the spread between the fair market value of the shares received and the exercise price will be an item of adjustment for purposes of the alternative minimum tax, unless the participant disposes of the shares in the same tax year as the ISO is exercised.
KM does not pay their fair share of taxes.
Let's fact check Trump's tweet, starting with whether or not Amazon pays its fair share of taxes.
But we got that stuff by collectively paying for it, through taxes, and we're expecting Amazon to pay your fair share if you end up being our neighbor.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
Success is «the best revenge that Bezos can get against the administration for its veiled threats about sales taxes and not paying its fair share,» said Wedbush Securities analyst Michael Pachter.
As a consequence, we pay our fair share of tax in the countries in which we operate.
In 1966 the 6 - volume report declared that fairness should be the foremost objective of the taxation system; the existing system was not only too complicated and inefficient, but under it the poor paid more than their fair share while the wealthy avoided taxes through various loopholes.
He has tweeted multiple times that the company doesn't pay its fair share of taxes and is underpaying for shipping with the U.S. Postal Service, an arrangement he's called a «scam.»
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