Sentences with phrase «by raising taxes on»

Several Republicans in the Senate oppose paying for those renewable tax credits by raising taxes on oil and gas companies, and the White House has threatened to veto the bill over the issue.
Warren's plan won't go anywhere in Congress — it proposes covering the costs by raising taxes on the wealthy, a nonstarter with Republicans.
But even that is not enough for «Our Schools Now,» a group of Utahns who want to spend hundreds of millions more by raising taxes on working families.
Nearly as many people think the CPS budget should be balanced by raising taxes on businesses as by closing schools.
He is the only Democrat who will break from the Bloomberg years by raising taxes on the wealthy to invest in universal pre-K and after - school programs, ending racial profiling, and fighting to save community hospitals,» de Blasio's campaign manager said in a statement.
De Blasio wants to pay for it by raising taxes on wealthy New Yorkers.
«Voters are responding to Bill de Blasio because he is the only Democrat who will boldly break from the Bloomberg years by raising taxes on the wealthy to invest in universal pre-K and after - school programs, ending racial profiling, and fighting to save community hospitals,» the de Blasio campaign said in a statement.
Nevertheless, the WFP's overtures presented him with a new dilemma: His «New Democratic Party» platform includes a pledge not to raise taxes and a promise to enact legislation capping future increases in local property taxes that directly contradict WFP tenets which seek more funding for education and social welfare programs by raising taxes on the wealthy.
The mayor electrified liberals with his campaign promise to provide prekindergarten classes in New York City by raising taxes on wealthy residents.
Hawkins: Yes, we can fully fund our public schools by raising taxes on the wealthiest 5 % and keeping the stock transfer tax rebate.
Governor Cuomo agrees but doesn't want the New York City mayor doing it by raising taxes on the rich.
He would establish single - payer health care and increase aid to both schools and municipalities, gaining money by raising taxes on the rich, ending pro-business tax break programs and effectively re-imposing New York's stock transfer tax, which is currently rebated.
De Blasio cites the city's 21 % poverty rate as proof of this, and he campaigned on closing the gap by pushing real estate developers to build or preserve 200,000 affordable homes and creating a universal pre-K program for the poor, funded by raising taxes on those who make a $ 500,000 or more.
He has promised to expand pre-kindergarten and after - school programs by raising taxes on high earners.
In a carefully worded statement, the spokesman emphasized his past work with Cuomo and his longstanding commitment to pre-Kindergarten, which de Blasio hopes to expand by raising taxes on the rich.
Greetings, The United States: Will the new tax law curtail foreign investment by raising taxes on foreign - owned US companies?
The Globe and Mail reported on Feb. 16 that Rosenberg, famous for predicting the U.S. housing bust, told his followers that he had heard that Finance Minister Bill Morneau is planning to «soak the rich» in his next budget by raising taxes on capital gains.
The agreement handed a victory to Obama, who had promised before the election to address budget woes in part by raising taxes on the wealthiest Americans.
They argue that China's tobacco problem should be tackled with economic tools; for example, by raising tax on tobacco products.
It was gradually established that smoking prevalence could be reduced by raising the tax on cigarettes, and by banning tobacco advertising.
Whether it's by raising the tax on gas, making cities more bike friendly or getting serious about providing government support to these human - powered economic engines, there's much more to be done to get cargo bikes into the mainstream.

Not exact matches

The campaign plan expected «proposals on trade, regulatory and energy policy would raise economic output and revenues» to offset most of the remaining shortfall, as cited by the Tax Policy Center analysis.
The draft, seen by Bloomberg, was circulated on Friday and outlines how a targeted levy on gross revenues would increase the tax bill digital giants face, as the bloc seeks to raise money from an industry it says provides less than it should to public coffers.
Perry also had an uneven record on taxes, cutting them for property owners, but raising them for small business owners by broadening the state's franchise tax base.
Trump has vowed to raise taxes on Chinese imports by as much as 45 percent.
All in all, the Trump tax plan would wastefully increase deficits by at least $ 3.5 billion over ten years — with half of all tax cuts going to the top 1 % — while actually raising taxes on nearly half of all families with children, according to the nonpartisan Tax Policy Center's (TPC) analystax plan would wastefully increase deficits by at least $ 3.5 billion over ten years — with half of all tax cuts going to the top 1 % — while actually raising taxes on nearly half of all families with children, according to the nonpartisan Tax Policy Center's (TPC) analystax cuts going to the top 1 % — while actually raising taxes on nearly half of all families with children, according to the nonpartisan Tax Policy Center's (TPC) analysTax Policy Center's (TPC) analysis.
«If you raise all the rates, anything that you do later on to cut them, is going to be scored by the Congressional Budget Office as a tax cut,» Manley says.
The Liberals are also spending $ 80.5 million over five years starting this year to reduce tobacco use, particularly in Indigenous communities, and raising taxes on cigarettes by $ 1 per carton.
Fitch Ratings said on Monday that the House bill could add to the fiscal strain in some states and local jurisdictions by limiting their tax - raising flexibility.
The Fed has raised rates twice this year and expects to hike again in December and three more times next year, depending on fiscal stimulus including tax cuts planned by Republicans in Congress and in the White House.
«So what my co-author and I wanted to explore was exactly what the impact was of this introduction of withholding that happened from 1948 - 1976 at the state level on income tax collections, and the kinds of revenues that are being raised by state governments as a result.»
The U.S. dollar rose on Friday as Republican negotiators in the U.S. Congress put the finishing touches on a sweeping tax overhaul, raising expectations that the bill would be passed by year - end.
At the same time, the bill is projected to send most of its individual tax breaks to the wealthy, eventually raise rates on the poorest Americans if a future Congress doesn't intervene, and lead to 13 million fewer Americans with health insurance by repealing Obamacare's individual mandate.
How much GST is raised by taxing the carbon tax really depends on what businesses choose to pass on to consumers, the report notes.
The House version of the plan makes several changes to the tax code aimed at generating revenue by raising rates on higher education.
U.S. stocks took their biggest loss in five months Tuesday as a health care bill backed by President Donald Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred on by lower taxes and cuts in regulations.
The government is called on to bail them out by issuing bonds, and to pay the interest charges either by raising taxes or cutting back spending programs.
Proposals to raise the Bay Bridge toll by $ 3, fast - track electronic stun guns for police officers and increase taxes on commercial landlords to fund affordable housing or child care.
In a new report released today for Sustainable Prosperity (a new research institute), Jack Mintz and Nancy Olewiler pitch a federal carbon tax constructed by broadening the base of the federal excise tax (which currently raises over $ 5 billion per year based on a tax of 10 cents per litre of gas and 4 cents -LSB-...]
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.
No details were immediately available on the measures, which are expected to include across - the - board tax hikes, including raising the rate of consumer tax by one percentage point to 24 percent and increasing taxes on fuel, coffee, alcohol, tobacco and hotel stays.
During his speech, he explained to the crowd that if the Liberals were elected on Oct. 19, that they would raise taxes by asking Canada's wealthiest income earners «to pay just a little bit more.»
The legislature passed a deal early on Friday to raise spending by several hundred billion dollars, just two months after a $ 1.5 trln tax cut.
Just a brief update by way of keeping tabs on a concern previously raised on this blog: the new tax law signed by the President yesterday retains a 15 % tax rate on capital gains and dividends through 2012.
Repealing the deduction would raise the effective tax rate on manufacturing by over 3 percentage points.
The Joint Committee on Taxation has estimated that the repatriation raises $ 338.8 billion over 10 years by taxing all those trillions in overseas profits, with the proceeds heavily concentrated in the first year, 2018.
But it gets worse, on January 1 the NDP will raise their job - killing carbon tax by 50 %.
The reconciliation bill also initially delayed but did not repeal the so - called «Cadillac tax» on high - cost insurance plans to avoid revenue loss outside the budget window, but an amendment repealing it was adopted by an overwhelming bipartisan vote and no Byrd rule challenge was raised despite its deficit impact.
A consumption tax is on the flow of spending and by taxing consumption you raise its price relative to saving thereby fostering more saving resulting in greater investment in productive capital and higher long - term economic growth.
While differences remain in several areas, creditors want Greece to raise the equivalent of 1 percent of gross domestic product more from VAT in 2016 and this could be achieved by raising sales tax on catering to a rate of 23 percent from 13 percent, the two EU officials said.
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