Sentences with phrase «collect more tax money»

Rising property values: As property values rise across the county and new construction puts high - value properties on the tax rolls, the county has been able to reduce the tax rate — the amount of money the county charges for every $ 1,000 of assessed property value — and still collect more tax money overall.

Not exact matches

His country had been spending far more than it collected in taxes for as long as he had lived, and paying for the shortfall by printing money or borrowing from international investors.
Instead of the present system in the United States in which the federal government collects most of the taxes and then returns money to the states, the states would have more power to tax and would give some of their money to the national government.
Ron Deutsch, with New Yorkers for Fiscal Fairness, says the state could begin to close its $ 2 billion dollar budget deficit and have more money for schools and health care if it began collecting more taxes on corporations and other businesses who the groups believe are underpaying right now.
If the gov» t has more money, it can do more things, but it also has to collect more taxes.
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.
Speaking in defence of the proposals, the Lib Dem Treasury spokesperson in the Lords, Baroness Kramer, said there was «a long - standing Liberal Democrat commitment to trying to shift away from income taxes» and moving towards wealth taxes, which she said were more effective in terms of collecting money.
Speaking in defence of the proposals, the Lib Dem Treasury spokesperson in the Lords, Baroness Kramer said there was «a long - standing Liberal Democrat commitment to trying to shift away from income taxes» and moving towards wealth taxes, which she said were more effective at collecting money.
Illinoisans voted in favor of a 3 percent tax increase for millionaires in order to collect more money for schools, although this referendum was not attached to a binding proposal to raise taxes.
An act passed by congress that was intended to improve the economy of the United States by reducing the taxes collected, giving the population more money to spend.
Oklahoma is collecting more money now than if they issue sales tax permits to all the breeders.
With low tax rates, they take their money out of tax shelters and put it to work in the economy, benefitting themselves, the economy and government, which collects more money in taxes because incomes rise.
More than a tax, B.C. has imposed a tax shift: The money collected from the carbon tax pushes personal and corporate taxes down, while steadily ramping up taxes on fossil fuels.
* Get Rid of Corporate Income Tax: More money is spent on avoiding the tax than is collectTax: More money is spent on avoiding the tax than is collecttax than is collected.
Australia has tried to get around this problem by subsidizing its relatively low carbon tax with broader income - tax reform — that is, the government is returning to consumers more money than is collected by the tax.
While some may claim that a Living Trust will assure that your heirs receive money more quickly upon your death, the fact is that assets have to be collected and often sold; debts and taxes must be paid and a Living Trust does not change that.
They get most of their money from high property taxes and they collect even more money from a number of «special taxes» ranging from cigarette excise tax to coin operated laundry license fees.
And if the company already is collecting the prescribed amount of money from a person's paycheck, then the firm has to insure that the employee does not end up paying more income tax than required.
Tax authorities could find opportunities in it because they collect money faster, gain more liquidity while having to pay fewer auditors.
As bitcoin adoption grows and more and more Kenyans are pouring money into cryptocurrencies as investments, the more capital gains tax the KRA could collect.
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