Sentences with phrase «further tax rate increases»

Further tax rate increases, starting at 9 percent and peaking at 24 percent, would kick in at $ 250,000 for joint filers (and $ 200,000 for singles).

Not exact matches

Falling tax revenues pushed government budgets even further into deficit, and rising interest rates increased rather than lowered prices.

We also note with concern that the new small business payroll tax comes on top of previously announced minimum wage increase (of 34 % over four years), an increase in the general corporate tax rate of 9.1 %, a 14 % increase to the personal income tax rate of most «skilled professionals», and a previously scheduled increase in the BC carbon tax of 16 %, moving up a further $ 5 to $ 35 per tonne of GHGs emitted.

Clearly, there remains room for further increases to upper - income tax rates.

That this House expresses deep concern at the impact of the UK Government's policies on Wales; notes the UK Government's real - terms reduction of the Welsh Budget by # 1.5 bn; notes that Wales currently suffers from the lowest average rates of pay in Britain and has the highest proportion of individuals affected by cuts to social security including the Bedroom Tax; further notes that Wales suffers the highest energy bills in the UK and that these, along with low pay, have compounded the cost of living crisis in Wales; and calls on the Government to immediately scrap the Bedroom Tax, freeze energy bills and undertake measures to increase pay rates in Wales.

Options include an end to tax relief on pension contributions for higher - rate taxpayers, an «accessions tax» to replace inheritance tax, and further increases in capital gains tax.»

The Ontario housing market has been showing signs of slowdown for some time now, but new measures, such as a provincial foreign buyers» tax, new mortgage rules, and interest rate increases have cooled it even further.

The successive Kathleen Wynne government went a step further: in the 2014 budget, it increased personal income tax rates on the top two per cent of Ontario taxpayers.

Prospective tailwinds for the economy include further job growth, wage increases, lower tax rates, and simply more optimism from both businesses and consumers; all of which could lead to higher Gross Domestic Product (GDP) growth.

The net result of all these tactics is that ratepayers and tax payers are more likely to pay dearly in terms of increasing rates for electricity and decreasing electric reliability since each month will bring further EPA efforts to force states to build «renewable» sources of electric power.

Simultaneously, in Greece the imposition of financial memorandums by our creditors was followed by a huge increase in tax rates on enterprises, and in relevation with the capitals movement» controls, this created economic suffocation in their viability, as also in their general possibility of further development.