Sentences with phrase «boost federal revenues»

To hear Democrats tell it, Hatch changed his mind because eliminating the SALT deduction would, according to the nonpartisan Tax Policy Center, boost federal revenues by $ 1.3 trillion over a decade.

Boosting federal revenues has also been necessary at times, and many presidents have increased the tax rates on both individuals and corporations to achieve national fiscal goals.

Not exact matches

Increased export prices also tend to boost government revenues through company taxes and a range of federal and state royalties.

That will boost tax revenues and federal and state government spending, and further accelerate growth.

But Republicans have insisted the bill, which adds nearly $ 1.5 trillion to the federal deficit, gives many if not most middle - class Americans a tax cut at the same level as the 21 percent corporate benefit, boosting investment, job creation, higher wages and offsetting tax revenues.

Mayor Bill de Blasio revealed Thursday that the federal tax reform boosted city revenues by an unexpected $ 1 billion this year.

The shifting US political landscape should also help boost revenues for many companies investing in ESCs, if President Barack Obama expands federal funding for ESC research, says Brozak.

Districts, of course, can also seek operating levies from local taxpayers to boost revenues beyond what the state affords them, while charters depend entirely on state and federal per - pupil allocations and whatever they can raise from philanthropy (see Figure 1 for current spending estimates).

States therefore must look at whether to capture the opportunity to boost their tax revenue by conforming to a more inclusive definition of taxable income under new federal law.

While his promise to cut taxes, mostly to the benefit of upper income earners, will probably lead to a short - term boost in U.S. GDP growth, it also threatens to leave a significant shortfall in federal tax revenue down the road — as much as $ 6.2 trillion over the next decade.

Revenue from the tax «would be used to cut the state's sales tax, and to create a Working Families Rebate, based on the federal Earned Income Tax Credit (EITC), to boost the incomes of low - income households.»

They have the check book power right now, when it's needed, and the long term revenue will boost federal coffers for ever, cutting the need for some future taxes.

The bulk of the measures were on the revenue side, boosting federal intake by $ 7.9 billion over five years.

Some of Federal Realty's properties are yet to collect rents, which should give a boost to revenues later in 2017 and in 2018.