Sentences with phrase «gas tax revenue»

«That over-reliance of gas tax revenue is exacerbated in Portland,» Miller continued, «because we've been successful in what we're trying to do [getting people to drive less].»

QUOTE: «That over-reliance of gas tax revenue is exacerbated in Portland,» Miller continued, «because we've been successful in what we're trying to do [getting people to drive less].»

Ottawa will hand out $ 5 billion in gas tax revenue over five years to municipalities across the country, primarily to build public transit.

Gas tax revenue, already in decline, will no doubt fall further, along with fuel consumption.

«The loss of significant offshore oil and gas tax revenues as the North Sea runs down will have a big impact on our economy, jobs and balance of payments, with significant increases in household energy bills — and a very adverse impact on the legacy for future generations in an independent Scotland,» he told EnergyVoice.com.

The problem is that with more fuel efficient cars and more expensive gasoline, the gas tax revenues fell.

(Winona Daily News) • North Dakota's oil and gas tax revenues are nearly 23 percent above expected levels through April due to strong production and prices.

One of the troubles with viewing the gas tax as a de facto carbon tax is that the standard interpretation of the state constitution is that it requires gas tax revenues to be spent on roads.

Not exact matches

In 2013, oil and gas accounted for 68 % of Russia's total exports, while duties on those exports, combined with taxes on mining, accounted for 50 % of the federal government's revenue.

It added about 40 per cent of Spectra's natural gas pipeline revenue is from cost of service - based tariffs which could be subject to the tax recovery disallowance.

Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.

A prolonged downturn in oil and natural gas markets continued to ripple through New Mexico's economy over the summer and into the fall, undermining state tax revenues.

As someone who likes the sea levels where they are, I find taxing greenhouse gas emissions compelling, like taxing cigarettes, which reduced smoking, extended lives, and increased revenues.

Revenues from the gas tax have been declining, because it is not indexed to inflation, and because fuel efficiency standards have risen.

In contrast to Alberta's largely cosmetic Specified Gas Emitters Regulation that does little to curb emissions or raise revenue for the province, British Columbia has implemented a much more comprehensive carbon tax.

She imposed a five - year freeze on the carbon tax, refuses to use carbon tax revenue to fund climate solutions, exempted the LNG industry from calculating greenhouse gas emissions on 70 per cent of its operations, cancelled a home retrofit program, and derailed public transit expansion plans with a built - to - fail referendum.

Those bonds would be paid off with revenue from the village's 5.15 percent tax on telephone, electric and natural gas use.

You see, the governor says other tax revenues for the MTA were up this year (like gas taxes and other fees), meaning both dedicated and discretionary funds for the MTA coming from the state totaled $ 4.486 billion in «17 - 18, compared to the $ 4.456 billion from «16 - 17.

Other things, like a surcharge on delivery trucks / vans, increased parking fees or residential parking permits, even an extra tax on gas stations located in NYC, would also be better ways to raise this revenue.

«Lower the tax rates, make government more efficient, get the businesses back here, get the private sector booming and then you will be able to fill the coffers when you're collecting road tax from more tractor trailers on the road, more gas tax from more people commuting to work, more sales tax revenue.»

Proponents argue it would boost New York's natural gas supply to help keep energy costs down while creating jobs and generating tax revenue, while opponents, who rallied this month ahead of the decision, say it would increase fossil - fuel use, harm sensitive ecosystems and put the state at inordinate risk of dangerous methane leaks.

If passed, registration fees, sales taxes and gas taxes would add an estimated $ 57 million in annual state and county revenues, according to the New York Immigration Coalition, an advocacy group.

Mychajliw projects sales tax revenue will be down about $ 13 million this year because of lower gas prices.

Aside from the tax revenue, municipalities would have had the option to tap into the pipeline to supply natural gas to local residents.

Though Deputy Senate Majority Leader Tom Libous, R - Binghamton, didn't exactly close the door on a millionaires tax in a radio interview last week (Libous said he would be open to other sources of revenue if the high - volume version of the controversial but potential lucrative natural - gas extraction process known as hydrofracking isn't allowed) DeFrancisco said GOP lawmakers in his chamber would continue to oppose any tax increases or attempts to sustain a surcharge.

Texas: As of November 2015, state tax revenues from oil and natural gas production plummeted 48 % and 51 %, respectively, versus a year ago, according to the state comptroller of Texas.

President - elect Nana Addo Dankwa Akufo - Addo further pledged to reduce the tax burden on the private sector through lower corporate tax and the removal of import duties and VAT from some items while relying on revenue measures such as improving tax compliance, improving the quality of public finance administration and higher oil and gas production to finance these tax cuts.

Despite the Astorino administration's commitment to maintaining the same level of services and staff, the county continues to grapple with increasingly stark revenue shortfalls, which it attributes to underperforming sales tax revenues and lower gas and energy prices.

Vos said he was disappointed with the road funding — he had pushed for raising more revenue by raising the gas tax or raising vehicle - registration fees rather than borrowing more money — but pledged that the Assembly would not return to the floor next week to adopt any Senate changes.

If the anticipated growth in jobs and income in the oil and gas industry does not occur, then the desired indirect and induced economic impacts will not occur, and local and state tax revenues will not grow as hoped.

So it's obvious that the plummeting gas prices have taken their toll on the county sales - tax revenue.»

He has also proposed using natural gas revenue to lower taxes and energy bills and to support education.

May 7, 2012 • Cash - strapped states are embracing the millions of dollars in new tax revenue coming from shale oil and gas development.

Ultimately, the Senate did its job and passed a bipartisan revenue plan that contained a mix of borrowing and new, recurring revenues, including a tax on Marcellus Shale gas drillers.

So gas - tax revenues are going down.

With Russia's government collecting nearly half of its revenue from taxes on its oil and gas industry, Putin's ultimate motive in the Middle East could be to help push oil prices up.

Other current assets can include restricted cash, deferred income tax, unbilled utility revenue (utilities only), deferred gas cost (utilities only), current assets from discontinued operations, and other current assets.

Ministries of finance: Gas taxes make up 7 % of government revenue in some countries, so a large - scale move away from gas and diesel could have a significant impact on public financGas taxes make up 7 % of government revenue in some countries, so a large - scale move away from gas and diesel could have a significant impact on public financgas and diesel could have a significant impact on public finances.

I've credited Charles Krauthammer a few times for calling for a revenue - neutral gas tax but see no chance of party support for even that level of effort given the provisions of the «Energy Tax Prevention Act» and other party initiatives floating out thetax but see no chance of party support for even that level of effort given the provisions of the «Energy Tax Prevention Act» and other party initiatives floating out theTax Prevention Act» and other party initiatives floating out there?

His critics show few signs of ever accommodating the ideas he now presses, which include a prompt moratorium on new coal - burning power plants until they can capture and store carbon dioxide and a rising tax on fuels contributing greenhouse - gas emissions, with the revenue passed back directly to citizens, avoiding the complexities of «cap and trade» bills.

And while some conservatives, notably Charles Krauthammer, have long pushed for a substantial increase in the gas tax, they've insisted that it be «revenue neutral,» with clear compensatory tax reductions elsewhere.

If anything, at this juncture, we should be raising gas taxes (and using some of the revenue to provide good mass transit for those most impacted by the hikes).

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?

Given that conservative commentators, notably Charles Krauthammer, have called for a gas tax (revenue neutral in his case), it would seem this is feasible, given a scenario like the one you outline.

Republicans strongly dislike the Obama Administration's EPA greenhouse gas regulations; they could easily replace this big government solution with a small government, free market, economically beneficial revenue - neutral carbon tax.

These anti-hydrocarbon policies also mean the U.S. Treasury will be deprived of hundreds of billions of dollars in lease bonuses, royalties, taxes and other revenues that it would realize from the development of our nation's vast oil, natural gas and coal deposits.

This law requires U.S. - listed oil, gas and mining companies to publish details of their tax and revenue payments in each country where they have operations.

Conservatives should embrace a carbon tax (a much less costly means of reducing greenhouse gas emissions) in return for elimination of EPA regulatory authority over greenhouse gas emissions, abolition of green energy subsidies and regulatory mandates, and offsetting tax cuts to provide for revenue neutrality.

Several studies from universities, think tanks, and industry organizations have calculated the increases in jobs, tax revenues, energy production, and economic growth that result from greater oil and gas production.

Kreutzer then debunks the argument that conservatives should support a «revenue neutral» carbon tax that displaces EPA regulation of greenhouse gases: