Sentences with phrase «cent sales tax over»

The first called for a one - cent sales tax over six years.

Not exact matches

After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.

Economists told the Reuters news agency that Prime Minister Naoto Kan's government should commit to raising its sales tax to 15 per cent or 20 per cent over the next 10 to 15 years to help meet rising costs.

South Carolina, however, recently raised its sales tax per gallon from 16.75 cents to 28.75 cents to fund road improvement projects over the next six years.

A marathon debate over education funding continues in Ohio, where school groups are already divided over a May 5 ballot measure that proposes hiking the state sales tax by 1 cent in order to raise revenue for schools.

Higher prices were supported by a nearly 20 per cent drop in inventory levels over the previous year and by buyers looking to finalize sales prior to interest rate and tax hikes.