Via a post on the Land Use Prof Blog, I discovered that San Francisco (funded
by your federal tax dollars) has, over the past couple of weeks, begun toying with a system of variable rate, electronically monitored parking meters, the stated goal of which is «collecting and distributing real - time information about where parking is available so drivers can quickly find open spaces,» and instituting «demand - responsive pricing.»
I can't say that I'm surprised that Amtrak was overbilled, since it's largely subsidized
by federal tax dollars.
Not exact matches
Incoming
Federal Reserve chair Jerome Powell, chosen
by U.S. President Donald Trump to keep the recovery humming, appears set to let an expected trillion -
dollar tax cut run its course through the economy as weak wage growth and inflation buttress his view that the economy remains underpowered.
Under the Senate's «budget reconciliation» rules, the
tax legislation can increase the
federal deficit
by $ 1.5 trillion over the next 10 years — and not a
dollar more.
Receiving wages from an employer in a virtual currency is like being paid in
dollars: It is taxable to the employee, must be reported
by the employer on a Form W - 2 and is subject to
federal income
tax withholding, according to Wolters Kluwer.
But if the state issued a
dollar - for -
dollar state
tax credit for charitable contributions made to, say, the state's general infrastructure fund, the first $ 6,000 donated, though reducing state
tax liability
by $ 6,000, does nothing to lower
federal taxes owed because the taxpayer would still take the standard deduction.
But those that pay the extra premium are still paying it to a plan that is subsidized
by the
federal government using MY
tax dollars.
No one with the requisite skill has done a revenue analysis of Gingrich's
tax plan, but eyeballing the Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten yea
tax plan, but eyeballing the
Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten yea
Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce
federal revenue
by at least $ 3 trillion
dollars over ten years.
The difference being that the shareholders (
tax payers) votes would be weighted
by how many shares (
tax dollars) they paid into the company (
federal government).
New York's multi-billion
dollar Medicaid program is paid for
by state, county and
federal taxes.
Despite his six - figure income funded
by taxpayer
dollars, Terry has since 2000 amassed nearly $ 1.2 million in
federal liens from the Internal Revenue Service and more than $ 205,000 in state
tax warrants.
Private coverage,
by contrast, can run hundreds of
dollars a month, even with
federal tax credits factored in, and often has steep deductibles.
Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced Friday that they're talking to leaders of other states that stand to be hurt
by the
federal tax plan that's expected to cost taxpayers in their states billions of
dollars.
Cuomo's idea to shift some state and local
tax payments owed
by individuals to a payroll
tax paid
by employers so many New Yorkers don't lose thousands of
dollars under a new
federal tax law is supported in concept
by many
tax policy experts.
The Republican leader sent a letter to de Blasio on Monday, claiming the city has failed to meet a state requirement
by filling out a form that shows, building
by building, how schools spend local, state and
federal tax dollars.
Since New York taxpayers already send over $ 40 billion more in
tax dollars to Washington than we receive back in
federal benefits and services, we are not being subsidized
by any state.»
The state has a $ 4.4 billion
dollar deficit, and there's uncertainty over the effects of the
federal tax overhaul on the state's finances, as well as possible big funding cuts
by President Trump and Congress.
Daniel Dromm, a Queens city councilman and the head of the council's Finance Committee, and New York City Independent Budget Office Director Ronnie Lowenstein, join «In Focus» Host Cheryl Wills to dig a little deeper into Mayor Bill de Blasio's budget plan and the programs that might be impacted
by the
federal tax bill and the possible loss of millions of
dollars in state revenue.
The remainder will be paid
by New York City,
federal tax dollars and tolls and fares and debts incurred
by the Metropolitan Transportation Authority.
Revenues from the ongoing Wall Street rally will be a «bright spot» heading into potentially difficult state budget talks complicated
by the
federal tax overhaul, but New York government leaders shouldn't count on stock market gains to cover a deficit projected to be in the billions of
dollars, the state's top fiscal officer said Tuesday.
Higgins said he is open to seeking funding in the pending
federal transportation bill, but he also pointed out the authority receives millions of
dollars annually through the
federal gas
tax paid
by motorists.
Another concern: To maximize state savings, agencies may overlook people in jobs that are paid for
by federal rather than New York
tax dollars.
New York State received 84 cents for every
dollar it sent in
taxes to the
federal government in 2016, a wider gap than three years before, according to a report released
by State Comptroller Thomas DiNapoli.
ALBANY — Gov. Andrew M. Cuomo's idea to shift some state and local
tax payments owed
by individuals to a payroll
tax paid
by employers so many New Yorkers don't lose thousands of
dollars under a new
federal tax law is supported in concept
by many
tax policy experts.
Cuomo didn't offer more details about the plan, which would rely on existing
federal and state financial aid programs, while adding $ 163 million in state
tax dollars for Excelsior Scholarships that pay for tuition costs not covered
by the traditional aid programs.
Texas has a state budget surplus because it mooches off the
federal tax dollars generated
by NY, CA, MA and IL.
During the reauthorization process, there was a collective effort
by NSBA and local school board members to advocate before Members of Congress for a modernized education law that underscores the importance of local governance, protects
federal investments in Title I grants for disadvantaged students, and prevents the diversion of public
tax dollars for private use.
Instead, it is likely that the most effected
by budget cuts will be working class and near poor children, those children who attend school districts that receive limited
federal dollars but lack the advantages of high local property values or school
taxes.
We strongly object to having our
tax dollars suctioned out of public schools, where those hard - won rights apply, and spent to lure families into fly -
by - night private schools, where all of the
federal special education rights and protections disappear, to be replaced
by nothing more binding than a warning of «buyer, beware!»
Just like traditional public schools, charter schools are funded
by local, state, and
federal Tax dollars based on student enrollment, but they have the freedom to be more innovative while being accountable for improved student achievement.
Instead of continuing to throw millions of precious
tax dollars into the proverbial, but very real, pit of failed education reforms; instead of continuing to enrich test corporations and educational entrepreneurs who game the system; instead of maintaining the false and demoralizing narrative that our students and teachers are failures, our state legislators need to take this opportunity to tell the CSDE and CSBE that it will no longer support expensive mandates that unnecessarily impact our budget health when a re-design of state assessment practices has been encouraged
by recent
federal legislation.
Because they are public schools they are funded
by local, state and
federal tax dollars.
Substitute teachers who pay out - of - pocket expenses related to their job can potentially save hundreds of
dollars in
federal taxes annually
by taking
tax deductions.
By that point, the hopelessness of
Federal social insurance programs like Social Security and Medicare, plus underfunded
Federal and state retirement plans, will force benefit reductions and
tax increases on the US, and crimp borrowing capacity, unless they borrow in a currency other than
dollars.
Though you still pay income
tax on your initial investment when those
dollars are earned, the interest generated
by these debt securities is exempt from
federal income
taxes, so your investment generates annual income
tax - free.
Assuming that Larry and Penny get $ 1.2 million in 2015
dollars for their business, and that they can shelter it
by dividing it in half and protecting the taxable gain over their adjusted cost base of $ 350,000 for each partner, then the present
federal capital gains exemption would mean that they have no
tax to pay on the sale.
My scenario isn't particularly «generous» — only a high wage earner would qualify for an $ 800,000 mortgage, and the interest paid on that mortgage, as well as the property
tax, significantly exceeds the standard deduction, as does the state income
tax likely paid
by that wage earner (as an example, I pay tens of thousands of
dollars in state income
tax in California — all deductible from my
federal tax return).
«The student loan interest deduction lets borrowers deduct up to $ 2,500 a year in interest on
federal and private student loans, reducing your
tax liability
by a few hundred
dollars,» Kantrowitz said.
Where
Tax Dollars are Spent Tax dollars are collected by the federal government and apportioned by Congress in the federal budget to fund various governmental pr
Dollars are Spent
Tax dollars are collected by the federal government and apportioned by Congress in the federal budget to fund various governmental pr
dollars are collected
by the
federal government and apportioned
by Congress in the
federal budget to fund various governmental programs.
For residential solar systems, the
tax credit is a
dollar - for -
dollar reduction in the
federal income
taxes owed
by the homeowners
by 30 percent of the installed cost of the solar system.
By Dan Chapman The failed Range Fuels wood - to - ethanol factory in southeastern Georgia that sucked up $ 65 million in
federal and state
tax dollars was sold Tuesday for pennies on the
dollar to another bio-fuel maker with equally grand plans to transform the alternative energy world.
* Despite limited potential, millions in
tax and consumer
dollars are being used
by federal and state government officials to promote wind energy.
* Use of
tax dollars by federal, state and local governments to install costly renewable energy facilities or purchasing «green» electricity premium prices.
WASHINGTON — The U.S. government delivered more than twice as many
federal dollars to research initiatives,
tax incentives and other programs benefiting fossil fuels than it supplied to renewable energy from 2002 to 2008, according to a report released Friday
by two public policy groups.
He added, «The lack of scientific data on the potential damaging impacts to wildlife and our sensitive land areas must be addressed, especially when one considers how much of this industrial development is subsidized
by state and
federal tax dollars.»
So far, though, most objections to the giant solar projects planned for the Southwest have been washed away
by a tsunami of money from Wall Street, lured to invest
by billions of
dollars in
federal grants,
tax credits and loan guarantees and a fast - track regulatory approval process.
A simple search of published court decisions shows that Wikipedia is frequently cited
by judges around the country, involving serious issues and the bizarre — such as a 2005
tax case before the Tennessee Court of Appeals concerning the definition of «beverage» that involved hundreds of thousands of
dollars, and, just this week, a case in
Federal District Court in Florida that involved the term «booty music» as played during a wet T - shirt contest.
«If the government says, «Raise the
federal tax on gas
by a
dollar a gallon,» that could shock the economy,» he says.
Flood Insurance The
Federal Emergency Management Agency (FEMA) confirmed that the National Flood Insurance Program (NFIP) will not be impacted
by a government shutdown, since NFIP is funded
by premiums and not
tax dollars.
The short - term extension bill was being held up
by Senator Tom Coburn (R - OK) who threatened to let the NFIP shut down yet again, unless his demands were met regarding
federal tax dollars subsidizing vacation homes.