Sentences with phrase «cite lost tax revenue»
Not exact matches
The superintendents cite a study from the fiscal watchdog group the Empire Center, which finds that if just 250 of the highest income New Yorkers leave the state due to the resulting higher taxes, the state could lose $ 500 million in revenue.
http://wshu.org/
The states, meanwhile, have been losing out on billions in sales tax revenue over the years (one estimate cited in court papers suggests they'll lose about $ 34 billion this year).