Sentences with phrase «doing by raising taxes»

Governor Cuomo agrees but doesn't want the New York City mayor doing it by raising taxes on the rich.
This can be done by raising taxes or cutting back in other programs.

Not exact matches

«If you raise all the rates, anything that you do later on to cut them, is going to be scored by the Congressional Budget Office as a tax cut,» Manley says.
(Though not by Norquist, who characterizes the maneuver as telling the American people, «we had a vote, but because we did it in an interesting order, please don't notice that we raised your taxes by $ 100 billion.»
He promises to do so next year, if elected, by raising corporate taxes to offset new spending plans.
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.
At the same time, the bill is projected to send most of its individual tax breaks to the wealthy, eventually raise rates on the poorest Americans if a future Congress doesn't intervene, and lead to 13 million fewer Americans with health insurance by repealing Obamacare's individual mandate.
[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.
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.
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.
He could raise the GST, but the Prime Minister has ruled that out; he could fulfill an election commitment by undertaking a serious simplification of the income tax system, which could yield substantial revenues (about $ 3 to $ 5 billion), but he seems reluctant to do that; or, he could take the easy way out and simply cut his fiscal prudence in half and «miraculously» free up $ 3billion annually for his cabinet colleagues.
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.
In other words, if we stipulate that the new administration will do as it promised, raising the tax rates of the rich, we can expect with high probability that the revenues actually paid into the IRS by these same rich will decline.
I pay my taxes, including those taxes NOT paid for by religious groups who don't pay their fair share, have never relied on welfare, paid back all of my student loans, with interest, raised happy, fulfilled and accomplished children (who are also atheists), and I vote in all elections.
Two years previously, he had had difficulty in raising the cash for rebuilding the bridge over the Elbe at Torgau; it was done by means of a local Indulgence allowing people to be dispensed from fasting during Lent — they called it the «Butter Tax».
Meanwhile, the left was angered yesterday when Cuomo said he doesn't want to raise taxes in the final budget deal — a signal that he's standing firmly against the push, led by Assembly Democrats and their liberal allies, to not merely extend, but also expand, the millionaires tax.
Hey Tara, why does Shelly Mayer support raising taxes by Billions?
«We've done that several years ago and by the way the same time we raised the taxes on the high earners, we lowered it for middle income earners.»
And how do you feel about Blair / Brown promise not to raise taxes then raising them by roughly the same amount raised by income tax?
But flawed legislation does still reach Parliament — sometimes because concerns raised by the tax profession and affected groups have been ignored, but most typically because the consultation process has been curtailed, particularly in its early stages.
The simplest way to do this would be to drop the 40 % income tax threshold by the same amount that personal allowance is raised.
One thing that surprised me about the Horton analysis is that it didn't even suggest the most obvious way to make the LD policy more redistributive, which is to lower the threshold for the higher rate of income tax by the same amount personal allowance is raised.
The last thing he or anyone wanted to do was to turn this upstate seat over to the New York City - dominated Senate Democrats, who raised taxes by $ 14 billion and shifted resources out of the Capital District when they were in the majority.»
We've done it in Westchester by not raising the tax levy for six straight years, lowering the budget to below what it was in 2010, and installing pro-growth policies that have helped create almost 40,000 new private sector jobs in our county.»
Raise Taxes: The most obvious way to pay off debts is to increase revenue and this can be done by raising or levying new taxes or tarTaxes: The most obvious way to pay off debts is to increase revenue and this can be done by raising or levying new taxes or tartaxes or tariffs.
He's already said he does not want to raise any more taxes, and he's holding to a commitment to increase spending on schools and health care by 4 % in the new budget.
Paterson's plan, which does not raise taxes, would need to be approved by the state Legislature.
«He's had six years to get something done to improve the quality of life in Central New York, including the last two as part of the Senate Democratic leadership team, but all he's done is raise taxes by $ 14 billion, increase spending by 14 percent in the middle of a recession and look the other way while his Democrat colleagues were investigated for corruption.»
«What we are seeing is a governor who does not want a thorough and balanced review by an objective tax commission and who is creating what should be called the «Commission to Endorse the Governor's Tax Cut Plan,»» said Ron Deutsch of New Yorkers for Fiscal Fairness, another progressive group that argues for government spending and, often, raising taxtax commission and who is creating what should be called the «Commission to Endorse the Governor's Tax Cut Plan,»» said Ron Deutsch of New Yorkers for Fiscal Fairness, another progressive group that argues for government spending and, often, raising taxTax Cut Plan,»» said Ron Deutsch of New Yorkers for Fiscal Fairness, another progressive group that argues for government spending and, often, raising taxes.
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.
«Look at the massive expansion in apprenticeships pioneered by the Liberal Democrats since then, look at the huge cash increase for everybody on the state pension because of Steve Webb's Liberal Democrat reforms on pensioners, look at the way toddlers in schools now get a healthy meal at lunchtime because of what the Liberal Democrats have done and look at the way in which millions of working people in this country have received because of the Liberal Democrat flagship policy of raising the point at which you start paying income tax.
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.
Didn't he vote to raise taxes by billions?
All they did was make it worse by continuing to raise taxes and raise taxes
If leftist New York City Mayor Bill de Blasio, the radical Working Families Party and the Senate Democrats are allowed to control this seat, hardworking Western New York taxpayers are going to get the shaft — just like they did when Democrats controlled the Senate in 2009 - 10 and raised taxes by $ 14 billion,» Reif said.
EJ McMahon: «(T) he initial version of the budget doesn't address any of the myriad corporate and personal income tax (PIT) conformance issues raised by passage of the new federal tax law.
He mentioned that he did not raise taxes in his first term; but neglected to admit that he tried to raise them by $ 8.5 million his first year in office.
Meanwhile, the Senate is going to pass a constitutional amendment redistricting bill that is being carried by Sen. John Bonacic, a Hudson Valley Republican who also said last week he'll propose a millionaire's tax extension bill that raises the assessment threshold to $ 1 million — just like the Assembly Democrats» one - house budget proposes to do.
Cuomo himself has not revealed precisely how he wants the 421a tax abatement renewed, but has been sympathetic to complaints raised by the AFL - CIO, a labor union in New York that did not endorse him for re-election last year.
What she doesn't support is Dan Maffei and Nancy Pelosi's cap and trade energy tax that would raise electricity rates by 40 percent without doing anything to help the environment.»
«Working together, as I've said again and again was going to happen, we've produced an on - time, balanced budget for our city that does not raise taxes on New Yorkers and that preserves the essential services that we all rely on,» the mayor said at a press conference at City Hall, flanked by dozens of City Council members.
Did Suozzi raise taxes by hundreds of millions of dollars when he was county executive?
• Ensuring that lower earners do not have to pay income tax, by raising the personal allowance to # 10,000.
They first clashed over de Blasio's plan to raise taxes to fund universal pre-kindergarten, but later that year, de Blasio did a huge favor for Cuomo by helping to coax the liberal wing of the Working Families Party into letting him have its nomination.
«Since we do not wish to raise taxes, we are forced to change things by giving up wants and finding ways to pay less for what we really need,»...
If the court decides that tax credits do constitute «money raised by taxation,» it must then determine whether the constitution is violated when parents choose to use that money at religious schools.
Pennsylvania's property - tax - increase season is two months away as some school boards are licking their chops over building plans that include new stadiums with synthetic turf, and they're going to confiscate the money to do it by raising property...
This is by no means an exclusive list, as there are many resources available with suggestions for how to raise revenue, 94 including how to do so in line with progressive values and without increasing taxes.95
Do you think the federal government's financial issues today will force it to raise tax rates overall by the time you retire?Keep in mind that you might lose some valuable deductions and tax credits, such as those for your home mortgage or kids, in retirement that would increase your taxable income and tax rate, even if your gross income doesn't rise.
«I don't think raising the revenue is going to be a challenge for us because we have a strong record of generating tax revenue by identifying non-compliance,» Gallivan said.
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