Sentences with phrase «collect less tax»

Governments collect less tax revenue than they would if Aboriginal people earned adequate incomes, and they pay out more in social assistance, other income support payments, and housing subsidies.

Allow that again and you'll collect less tax then you are collecting now.

CWON 1 — but if the objective is to reduce CO2 it can't be about tax, because you actually end up collecting less tax by that method.

Not exact matches

Joly stated during Best Buy's most recent conference call that 89 % of the U.S. population now lives in states where Amazon collects sales tax, up from less than 50 % three years ago.

Hotels that rent rooms or spaces to any person on a transient basis, that is, 90 consecutive days or less, must collect both a City tax and a state tax.

While, the Green Tag system, strictly forbids customs officers from inspecting containers to know their contents for tax and duties assessment and collecting, the Customs Advance Ruling on Valuation backed by Section 12 of Customs Act - Act 891 of 2015, allows less tax to be paid by an importer upon the inspection of the values the imported goods were supplied to the importer.

A country which has low overall taxation or is ineffective at collecting taxes is much less bale to pay off debts.

Calls for altering the cap are back again this year as school districts face the prospect of setting budgets that allow for less than a 1 percent increase in the levy, or the amount collected in taxes.

Lalor also applauds the omission of a proposal that would have required vendors who sell less than $ 10,000 worth of goods a year via online platforms, like Etsy, to collect sales tax.

Although nationally, money received through such services amounted to less than half the sum brought in through council tax, the public spending watchdog found that one in three (32 %) districts were collecting more money through these additional services than they were through council tax.

«A sharp, permanent increase in taxes on a small group of highly mobile taxpayers, who enjoy a great deal of discretion over the timing and nature of their income, will inevitably cause some of them to either shift income away from this jurisdiction, or earn less, or collect the income in forms that will not be taxed,» said E.J. McMahon on the fiscally conservative Manhattan Institute.

And that, according a just - issued report by the state comptroller, is because of the drop in gasoline prices, causing significantly less sales tax money to be collected at gas stations in Suffolk, as well as other areas of New York State.

This decline likely contributed to local governments collecting... less in fuels sales taxes in the first half of 2016 compared to the first half of 2014.»

The bottom line is the tax levy, the amount that we actually collect from the people of Ulster County, is less today than it was in 2010, in the first budget that I wrote as county executive.»

This would be far less punitive than the current practices of garnishing wages, Social Security payments, or earned income tax credits to collect on student loans.

Current formula: The local share for school funding is 28 mills ($ 28 for every $ 1,000 collected in local property taxes) or 27 percent of the cost of an «adequate» education for students, whichever is less.

The program functions similar to a traditional private school voucher, but it is less vulnerable to legal challenges because its funding comes from money that is redirected from corporate taxes — before they are collected — toward the scholarships.

Levy requests that most area school districts are seeking in the Feb. 13 special election would collect less local money from 2019 - 2021 than the current tax levies they are replacing.

The tax, collected by the Internal Revenue Service, applies to cars — not light trucks — that have combined city and highway fuel economy of less than 22.5 mpg.

In less than six months since my first publication I have already sold a few dozen books out of hand and to museums through Moraine's Edge Books, and I function as a registered business, collecting sales tax, etc..

There, if you're not generally in the business of selling books to the consumer, sell your books for three days a year or less, and make less than $ 600 from the sale, you are exempted from collecting and remitting sales tax.

Under federal law, the IRS has the authority to compromise a tax debt or to collect an amount that is less than the full balance due in certain situations.

Note that since the income tax is one of the most progressive taxes in the federal system, an across - the - board income tax cut that increases every tax filer's after - tax income by the same percentage would tend to make the overall tax system less progressive, because it would collect proportionally less revenue from one of the most progressive sources.

$ 225,000 loan amount, 70 % loan - to - value, 740 credit score, property in WA, lock period of 30 days, debt - to - income ratio of 30 % or less, escrow account applied (meaning your tax and insurance costs are collected monthly with your mortgage payment).

$ 225,000 loan amount, 100 % loan - to - value (0 % down), 740 credit score, property in WA, lock period of 30 days, debt - to - income ratio of 30 % or less, escrow account applied (meaning your tax and insurance costs are collected monthly with your mortgage payment).

If your loan is less than one (1) year old, the amount collected for taxes and insurance at closing may not have been sufficient to cover the required disbursements.

It is most lenders policy to collect and pay taxes and insurance if you are putting less than 20 % down on a home.

To compensate, payroll taxes that were just 2 % in the 1940s have risen to 12.4 % today (half paid by your employer), which is another reason that you stand to collect less than you paid.

If they were, then the results would favor collecting ASAP more, plus these taxes are less than most think.

2nd, by adding the rebate program the tax becomes a much less efficient means to collect revenue.

In fact, divide the total revenue collected through the carbon levy by total emissions from big emitters and you've effectively got a carbon tax of less than $ 2 a tonne, not nearly enough to drive down industry emissions.

For example, consider a $ 100,000 property that brings in $ 9,600 per year in net income (net means gross rents collected, less expenses, such as property taxes, insurance, maintenance, and property management).

According to 2012 Congressional estimates, 65.4 % of the tax benefit is collected by households who have economic income * of less than $ 200,000.

You may collect $ 15,000 in gross rents, but after you subtract taxes, interest, insurance, maintenance, tenant screening fees, your CPAs fee (yes, that's deductible, at least in part), utilities, etc., etc., etc and then you subtract the depreciation (which is not actually money out of your pocket), the NET rental income will be much less.

The most common exception to collecting the tax: when the cost of the home is less than $ 300,000 and the buyer will occupy the home at least half the time it is used over the next two years.