Sentences with phrase «costs by raising taxes»

Warren's plan won't go anywhere in Congress — it proposes covering the costs by raising taxes on the wealthy, a nonstarter with Republicans.

Not exact matches

These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.

The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.

[23] By taxing the land's rental income and that of subsoil minerals provided freely by nature, industry could free itself from the sales and excise taxes that raised the cost of living and doing businesBy taxing the land's rental income and that of subsoil minerals provided freely by nature, industry could free itself from the sales and excise taxes that raised the cost of living and doing businesby nature, industry could free itself from the sales and excise taxes that raised the cost of living and doing business.

Layton was responding to criticism from Jack Mintz — the economist oft - quoted by Conservative Leader Stephen Harper as justification for his tax policies — that the cap - and - trade system the NDP proposed to cover the cost of $ 3.5 billion worth of green initiatives in the first year would raise gasoline prices by 10 cents per litre.

These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.

«A major concern expressed by smaller businesses is the incremental CPP premiums, which they perceive as a payroll tax increase that will raise their cost of employing workers and thus discourage hiring.

The reconciliation bill also initially delayed but did not repeal the so - called «Cadillac tax» on high - cost insurance plans to avoid revenue loss outside the budget window, but an amendment repealing it was adopted by an overwhelming bipartisan vote and no Byrd rule challenge was raised despite its deficit impact.

And when creditors turned their economic gains from this process into political power to shift the tax burden onto wage earners and industry, this raised the cost of living and doing business — by more than technology was able to lower prices.

As recently as 2008, the program's costs consumed only 11.6 percent of payroll, well below the nearly 13 percent raised by the payroll tax and other sources.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

And offering tax credits related to the cost of education and training obviously helps raise relative earnings by enlisting individuals» active involvement in the buildup of their «human capital.»

Speaking at a public meeting in which the Park District's $ 385 million budget was unveiled, Laurence Msall, president of the Civic Federation, said the tax watchdog group supported the district's restraint in not raising property taxes and increasing employee contributions to health care costs, but was troubled by the «pension holiday.»

The final agreement not only burnishes Cuomo's liberal credentials by extending (though not expanding) the millionaire's tax, raising the age of criminal responsibility of New York and addressing the high cost of college tuition for members of the middle class, it also dramatically increases his (already considerable) budget powers, enabling him to single - handedly make spending cuts in the event of widely expected future federal funding reductions.

If the tax is approved by New York State lawmakers, it could raise as much as $ 800 million annually, with the bulk of that, or around $ 500 million, going toward capital costs for subways and buses.

The idea has been floated by some county leaders in the past, and Hochul raised it again in a statement criticizing Collins» proposal: «If the Collins amendment passed, the state would need to raise income taxes or the counties would have to forgo their share of sales tax in exchange for the state picking up the additional Medicaid costs.»

The CEBR report found that if the Government raised the rate of corporation tax from 21 per cent to 26 per cent - the result of equalising the tax rate between big and small business - would cost around 100,000 jobs from the small business sector and reduce economic output by # 4.3 bn, while reducing the public sector deficit by only # 1.6 bn over 10 years.

Assemblyman trounces Cuomo's «tax free» plan BY KATHY KAHN Start - Up New York — the economic program the Legislature passed it into law (S5903 - 2013) before it left for summer break — has Assemblyman Kieran Lalor raising a ruckus over its cost.

If we did as some have suggested and paid the increasingly inflated retirement costs upfront, either government would be financially crippled or we would have to raise property taxes by nearly 50 % over 5 years.

Instead of doing good, Diaz took big checks from insurance lobbyists and stuck Floridians with higher rates; Diaz used his office to enrich himself while raising property taxes by $ 500 million — increasing the cost of living for Miami homeowners.

By limiting how states can raise funds to help pay their Medicaid costs, the «provider - tax» proposals — like the blended - rate proposal — represents a cost - shift to states.

But Labour have claimed that oil companies will merely recuperate their losses from the extra tax by raising petrol prices, negating the proposed cost - of - living savings for families.

So we will raise tax at the very top,, cut costs, have realistic public sector pay settlements, make savings we know we can and in 2011 raise National Insurance by half a percent and that will ensure that each and every year we protect and improve Britain's frontline services.

The party says its manifesto is fully costed for day - to - day revenue spending, with money raised by adding a penny to all rates of income tax and dividends tax, reversing planned cuts to corporation tax and cuts to capital gains tax, and legalising and taxing cannabis.

Even Clegg's flagship raising of the income tax threshold was soon revealed by the Resolution Foundation to direct most of its huge # 10bn cost to the benefit of the upper half while low earners gained little.

STRONGLY SUPPORT THE PROPERTY TAX CAP TO PROTECT TAXPAYERS Westchester is a beautiful place to live and raise a family, but high taxes and increasing costs are making it harder and harder by the day.

For all the human misery they have caused, the household benefit cap is forecast to save just # 110m a year by the DWP, while the bedroom tax will raise just # 490m (and both, as analysts have warned, may end up costing more than they save by increasing homelessness and other social ills).

In June, during the waning days of the legislative session, school districts through the state School Boards Association had quietly circulated a memo among lawmakers that raised concerns about the cost to schools already strapped by the state's 2 - percent tax cap unless residents vote to suspend the cap.

He lowered state - level rates by merely pushing the costs of government down to the counties and towns thru endless mandates, forcing them to raise their sales and property taxes in turn.

The Tory Treasury team has said raising the personal allowance at which income tax first starts being paid from # 10,500 today to # 12,500 by 2020 would cost # 6bn.

ALBANY — Bill de Blasio's first trips to Albany this year were like walking into a buzz saw: First, the New York City mayor was confronted by a proposed state budget that shifted millions of dollars of costs onto his books, and then he was grilled by Republicans who wanted to impose a cap on his ability to raise property taxes.

«Jeff Klein and his fellow Senate Democrats raised taxes on New Yorkers by more than $ 14 billion dollars the last two years, cost the state tens of thousands of jobs, took away billions in property tax relief from homeowners and spent taxpayer money like drunken sailors.»

The total cost of providing government services minus total revenues from all other sources such as state aid and user fees equals the amount of money to be raised by property taxes.

Some like Anglesey have chosen to raise their council tax by 5 % to absorb costs while Cardiff is freezing its charges and looking for savings by axing jobs.

Lazio has cast thousands of votes in Congress on everything from impeachment to prescription - drug benefits, but when asked to name one principled stand he's taken that's cost him politically, he has to reach all the way back to the eighteen - member Suffolk County legislature and a 1992 plan to raise sales taxes by half a cent that had been crafted by the Republican county executive, Bob Gaffney.

Raising taxes is one way to change that environment by influencing the cost to the consumer.

Therefore, this raises a crucial issue — the moral free riders who evade the cost associated with moral judgment (e.g. by not paying taxes for police and court) are better off than those who shoulder the cost.

Reducing carbon use through carbon taxes alone will be extremely expensive because you have to raise those taxes by multiple of the cost of the reductions you are trying to get people to make.

According to Schools Week, Labour sources estimate that restoring EMA would cost # 700 million in 2016 - 17, and the party plans to raise corporation tax by between one per cent and 1.5 per cent in order to fund that, and the # 1.7 billion cost of university maintenance grants.

Recent work by economists and other academic researchers — some of it presented at a recent symposium at Columbia University («The Social Costs of Inadequate Education»)-- concluded that such investments have large payoffs in raising national income and tax revenues and reducing the cost of public services.

The plan shares costs with the states, but the federal expenses would be paid for by raising the federal tax on tobacco products.

Furthermore, by pledging not to «raise» taxes at the state level, there will be no meaningful state increase in state aid to municipalities and that will translate into massive increases in local property taxes, as towns face the growing costs of education, public safety and other local services.

Increasing the gas tax by, say, just 20 cents per gallon, potentially generating billions in road - repairing funds, would raise the average cost of a tank of fuel by only about $ 3.

Some of the paper covers territory long ago identified by Canadian retirement guru Malcolm Hamilton, who repeatedly argued that many retirees would need to replace closer to 50 % of their working income than the 70 or 80 % the financial industry portrays — just because many costs disappear later in life: mortgage payments, raising and educating children, commuting and clothing costs, and even retirement saving itself and the high taxes that accompany high earning.

1) Fundraising costs were divided by the total of money raised through tax - receipted and non-tax receipted donations and money raised through fundraising.

1) Fundraising costs were divided by the total of money raised through tax - receipted donations and money raised through fundraising.

Dear Sanjay, The onus of justifying the claim for cost of improvement lies with the Tax assessee (in case a scrutiny is raised by the IT dept).

Fundraising costs are divided by the total of money raised through tax - receipted and non-tax receipted donations and money raised through fundraising.

Responding to criticism, Republicans denied that by eliminating this deduction they are effectively raising the cost of education, saying that the overall plan «makes it easier for families to use tax benefits toward the cost of education.»

The money would be generated by a carbon tax of 0.5 cents per kilowatt - hour, raising the cost of electricity (currently 6 - 10 cents per kWh) to 6.5 - 10.5 cents per kWh.