Sentences with phrase «cent tax hike»
The second proposal asked for a 10 - cent tax hike that would have been spent to develop baseball and soccer fields on the site.
http://articles.chicagotribune.com/ Not exact matches
Earnings estimates for the 2018 fiscal year are being revised upwards by some analysts to account for the impending bump from recent interest rate hikes and a U.S. corporate tax cut from 35 per cent to 21 per cent that took effect on Jan. 1.
On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.
Not only have the B.C. Liberals copied the «big ticket» items from the B.C. NDP platform, but they've refused to adopt the revenue measures designed to pay for them: modest tax hikes on profitable corporations and the richest two per cent.
On the other hand, voters in the East Dundee and Countryside Fire Protection District, and the South Elgin and Countryside Fire Protection District, both approved identical 10 - cent hikes in their corporate tax rates, to 40 cents per $ 100.
Council tax bills could hit # 1,500 a year in some areas next April, after new accountancy rules force tax hikes of up to three per cent.
It would raise funds by hiking tax on alcohol and tobacco by 50 per cent, raising fuel duty by 8 per cent annually, and introducing VAT and fuel duty on aviation.
Gordon Brown, Peter Mandelson and Alistair Darling try to rebut Conservative criticisms of their «jobs tax» - the proposed one per cent hike on national insurance.
The Federation of Small Businesses did welcome the move to reduce the small companies tax rate to 20 per cent, but warned the VAT hike will hit small businesses.
It was feared there would be a two per cent rise in basic rate tax, and a three per cent hike for higher - rate payers.
He also wants to hike the mortgage recording tax by an extra 20 cents for every $ 1,000 of the mortgage's value.
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.
While city school officials initially had indicated that they would go ahead with the quarter - cent sales - tax hike, which was expected to generate $ 21 million in its first year, they have put the plan on hold indefinitely, a district official said.
After moving dramatically to abolish property taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two - cent sales - tax increase, to be considered in a March 15 referendum, or an income - tax hike, which will go into effect automatically if the sales - tax rise is rejected.
Lawmakers adjourned March 15 after agreeing on how to spend the $ 687 million in revenues expected from a 1 - cent hike in the state sales tax, which had been approved a week earlier.
A state appeals court in Sacramento, Calif., last month upheld a trial court ruling that a 0.25 - cent hike in the sales tax enacted in 1991 to support San Francisco's schools and community colleges is invalid, opening the way for city businesses to seek refunds.
Rather than seek a bond issue and a property tax increase, the school district has teamed with the other districts in Summit County, Ohio, and the county council to propose a half - cent sales - tax hike.
Bay County commissioners approve placing a half - cent sales tax hike for schools on the Aug. 28 primary ballot.
(Prices in have since gone up because of a hike from 14 cents to 37 cents a gallon in NJ state fuel taxes, with the money earmarked to improve the Garden State's terrible transportation infrastructure.)
First and foremost, it reiterates Trudeau's pledge to cut the tax rate for middle - income earners and provide a more generous child benefit to those who need it, all paid for by a tax hike on the wealthiest one per cent.
They include removing domestic content requirements for solar and wind energy projects, hiking the aviation fuel tax from 2.7 cents a litre to 6.7 cents over four years and freezing MPP salaries until the deficit is eliminated.
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.
Simpson - Bowles proposes a 15 cent a gallon gasoline tax hike which not only generates relatively little revenue for its political risk, but singles out the powerful oil lobby.
Announce a schedule of gas tax hikes of 50 cents every six months for the next two years.
Days after the government announced 10 per cent basic customs duty (BCD) on smartphone manufacturers as the Goods and Services Tax (GST) came into practice, Chinese smartphone manufacturer Huawei has said it will marginally hike prices of its smartphones available online.