Sentences with phrase «federal revenue even»
Given the tax reform effort currently under way in Congress this would seem an appropriate time to consider the usefulness of a carbon tax to increase Federal revenue even though no such proposal (happily) is in the current tax bill.
http://www.carlineconomics.com/ Not exact matches
Even without a penny of federal money, which is only now sluicing through the pipeline, the company has increased revenue 50 percent over last year.
If firms act to reduce that tax base in response to an increase in the federal rate, then provincial revenues will fall, even if the provinces haven't changed their rates.
These included overly optimistic economic growth and oil price assumptions; cutting the contingency reserve by two - thirds; selling shares in GM at fire sale prices; raiding EI revenues; and even booking «savings» from unilateral changes to federal employees» sick leave benefits.
Even though federal corporate tax rates have fallen by more than half over the past 30 years, corporate income tax revenues have continued to fluctuate around two per cent of GDP.
Alternatively, do you maintain, and perhaps even expand the role of the federal government through a combination of higher revenues and spending restraint?
A related and even richer source of revenue for the federal government would be to tax the capital gain on houses or, to be more specific, principal residences.
He added that the situation is so bad that what the Federal government used to take from the federation accounts as its own monthly revenue about 18 months ago is even more than what is being shared by the three tiers of government.
«Even if it means a temporary advance from the federal government pending a detailed reconciliation of how much of the revenue loss is directly related to the international attack on the World Trade Center.»
Whenever the next update comes out, it probably will show a worsening FY 2018 budget gap, and perhaps even a true potential deficit for the current year — depending on whether Cuomo forces a post-election special session based on his power to cut spending in the wake of big enough drops in federal revenue.
Despite revelations last week that the governor's officials have steered state housing bond work to his campaign contributors in apparent defiance of federal pay - to - play rules, New York state officials on Friday announced they are giving those same donors even more lucrative business — this time on a massive new transportation revenue bond.
Some politicians want to reduce the federal gasoline tax, even though its fixed value per gallon means that as prices increase, revenues fall.
Emergency fiscal aid from the federal government helped prevent even deeper cuts but ran out before the economy recovered, and states chose to address their budget shortfalls disproportionately through spending cuts rather than a more balanced mix of service cuts and revenue increases.
«My current school does not accept a penny of federal funding, or any federal grants, even though we are on a shoestring each year and are able to operate only based on our tuition (which covers about 70 % of our costs), our ability to attract groups to use our facilities during vacations and summers for revenue, and our (my) ability to fundraise,» said Jorgenson.
Most federal education funding formulas allow states to set aside, or reserve, a small portion ranging from 1 percent to 5 percent of state allocations to implement programs and support districts.13 Even though 95 percent to 99 percent of funding flows to school districts, these set - asides are a significant source of SEAs» revenue.
Many for - profit providers of the tutoring, known in the NCLB law as supplemental education services, have had to pursue new K - 12 revenue streams, or even close their doors, as federal funding funneled through affected school districts is being reallocated for other purposes.
Why isn't expanded offshore drilling predicated on real movement toward a tougher federal gas tax, at least one that is revenue neutral — something that even some ardent conservatives support?
The problem with this concept is that even if oil and gas prices are likely to increase in the future, thus increasing federal revenues from oil and gas leases on public lands, any such revenue coming from areas already open to production will be considered by CBO as already included in the baseline revenue picture.
Unless Congress decides to spend most — and possibly all — carbon tax revenues on adaptation, a federal carbon tax does not even begin to solve the problems that are the subject of these lawsuits (nor, obviously, would EPA regulation).
Likewise, 60 percent of Americans support a $ 10 per ton carbon tax if the revenue were used to reduce federal income taxes, even when told this would «slightly increase the cost of many things you buy, including food, clothing, and electricity.»
Indeed, those who consider the estate tax to be one of the most inefficient sources of federal revenue credit even more that latter effect: to encourage entrepreurship and give the little guy a chance for a legacy of his own.
You may recall the ruling of the Federal Court of Canada that e-Bay had to turn over to the Canada Revenue Agency records of its «power sellers» resident in Canada, even though the records were on a server in the US.
According to a roundup by the Committee for a Responsible Federal Budget, analyses from the Tax Policy Center, Penn - Wharton Budget Model, and Tax Foundation all determine that the TCJA would add more than $ 1 trillion to the deficit — even when increased revenue from economic growth is added.