Sentences with phrase «as sales taxes»

In addition, retired people who own homes pay property taxes (which largely fund local education) as well as sales taxes.

In future years, the pool would grow at the same rate as sales tax revenues.

For some reason, they're half again as high as sales taxes on other goods and services, and growing nine times faster.

We can think of the tariffs as a sales tax, albeit it one hidden from consumers.

To clarify, I am looking for a legal way to reduce the amount of money I pay as sales tax.

As long as sales tax equity exists between cyber retailers and bricks - and - mortar shops, even the Net won't be able to eradicate mall rats!

Leaders in both camps have been debating charter funding in North Carolina for years, particularly since a 2010 amendment by Democrats in the legislature denied charters access to certain funding sources, such as sales tax revenues, gifts and grants traditionally bound for public school coffers.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

But, as seen in the Figure above, because income taxes have been cut, the province's reliance on income tax revenues have dropped by one third over the last decade, so much so that income taxes now raise about the same amount as sales taxes.

The migration of the rich affects other taxes, such as the sales tax if wealthy car buyers «bought their Bentley in Florida instead of Greenwich,» he said.

As far as sales tax, anyone buying products for resale will not have to pay sales tax because they are expected to collect sales tax at the point of sale to the end - user and then remit that sales tax quarterly.

Meanwhile, the major credit - rating agencies have lauded New York's financial performance and given PIT bonds as well as sales tax bonds at AAA, their highest rating possible.

In subsequent years, the amount going to Upstate transit would increase at the same rate as sales tax growth.

Lorigo said he knew ahead of the vote that the additional 1.75 percent sales tax was going to pass, and wanted to send a message to the administration that it needs to be more careful about spending and taking the Legislature for granted by submitting something as important as the sales tax extension so late.

But once the Legislature returned the Senate demanded additional provisions such as the sales tax extenders and aid for flood - stricken areas of upstate, Cuomo said.

So higher electricity rates function as a sales tax, with all the job - destroying effects STAMP always sees in taxes.

This is an area that need to be sorted out, most states have solar installs as sales tax exempt.

ENERGY STAR Rebate Finder A searchable tool for identifying special offers such as sales tax exemptions, credits, or rebates available from ENERGY STAR partners

On top of the bonus savings, readers can also take advantage of free shipping to contiguous U.S. addresses, as well as no sales tax on orders shipped outside NY and NJ.

Cuomo in his conference call on Friday suggested lawmakers could still return at some point this year in a special session to take up mayoral control as well as the sales tax and other tax measures that would need to re-approved by the end of the year.

DiNapoli says cities are feeling the greatest pressure but suburban and rural areas are also hurting, as sales tax revenues shrink and the property values decline.

Many states have a «Use Tax» which taxes items bought out - of - state, by what used to be mail - order but now has morphed through phone order to online on which no state sales tax has been paid, usually at the same rate as the sales tax rate.

Paterson contends that the vetoes helped put the spending plan in balance but he still needs legislation allowing new sources of revenue such as a sales tax on clothing.

Many of the City's historical major revenue sources, such as sales taxes, mortgage taxes, building permits and State aid, have been negatively impacted by economic conditions, necessitating greater reliance on the local property tax.

SKS and SEDC recently submitted an application to Saratoga County IDA for a 10 Year Commercial Services PILOT — a payment in lieu of taxes — as well as sales tax and mortgage tax exemptions to facilitate the move and installation of equipment, machinery, furniture, and fixtures at the site.

Consult your CPA or tax preparer on how to report this income on your returns and to find out if it is subject to any other taxes (such as sales taxes) for your area.

Trust taxes: usually a business situation, where a debtor collects taxes from another party (such as sales tax or employee withholding) and fails to turn it over to the government.

She also helps them appreciate that income tax isn't the same as sales tax, which isn't the same as tax paid on investment earnings, such as capital gains.

A worthy alternative, which Al Gore and many economists advocate, is «tax - shifting» — use carbon tax revenues to reduce regressive taxes such as sales taxes and payroll taxes.

At the state and local tax levels, we address apportionment and entity classification issues as well as sales tax and local property tax problems.

As sales tax, the service tax is also summated to the price of the product sold in the country.

Ad valorem taxes are based on the value of the article or thing being taxed, such as a sales tax or a property tax.

By continually raising property taxes to support schools, as well as other infrastructure in lieu of other funding sources such as sales tax — which generates revenues from property owners as well as non-property owners — property taxes limit a buyer's ability to purchase as well as the property's ability to appreciate in value.»