Sentences with phrase «federal coffers»

The phrase "federal coffers" refers to the financial resources or funds that belong to the government or central treasury of a country. It implies the money that the government possesses, manages, and uses for various purposes such as public spending and investment. Full definition
During Bush's administration, expenditures from federal coffers edged upward from 10 percent to 11 percent of total spending on K — 12 education (with the remainder of the costs shared about equally by state and local governments).
If the 8,000 Canadians who received stock options as part of incomes over $ 250,000 paid taxes on this money at the same rate as the rest of their income — treating executive compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.
The available data doesn't tell us whether that money went into federal coffers, provincial coffers, or both.
Canada is almost certainly in a recession, which will take billions out of federal coffers due to declining tax revenues.
The State Government has demanded Canberra hand over $ 339 million that has been sitting in Federal coffers for almost nine years for the now - abandoned Oakajee port project.
Vettese says the proposed changes would be unpopular with the general public and wouldn't net federal coffers much money anyway.
Vettese says the proposed changes would be unpopular with the general public and wouldn't net federal coffers much money anyway.
A new report from shows federal coffers stand to benefit financially when the five per cent GST is applied on top of carbon taxes
However, a new report from the Library of Parliament shows federal coffers stand to benefit financially when the five per cent GST is applied on top of carbon taxes built into the prices of goods and services such as gasoline or utilities.
Despite public doubts from Finance Minister Jim Flaherty, Harper insists income splitting — estimated to cost federal coffers $ 2.7 billion a year — is still on the table.
Interior Secretary Ryan Zinke has also prioritized drilling in ANWR, citing possible revenues to federal coffers totaling $ 1.8 billion over the next decade.
The measure is expected to cost federal coffers as much as $ 13 million in 2012 - 13 and $ 17 million in 2013 - 2014.
They have the check book power right now, when it's needed, and the long term revenue will boost federal coffers for ever, cutting the need for some future taxes.
Such a move by the Trudeau government to draw more revenue into federal coffers would take Canada in the opposite direction as the United States, Mr. Rosenberg said, noting that «the implications for the Canadian dollar is decisively negative, not to mention the deflating effect on asset values.»
The City Council also launched a petition requesting Trump publicly declare his intention to reimburse the city from federal coffers.
Updated, 4:05 p.m. Lawmakers have been quick to express their disgust with sexual harassment payments that come out of federal coffers to cover the cost of elected officials» behavior.
The government numbers show that it's only the top one per cent of income tax filers whose corporations will be affected by the changes but this change will still reap a windfall for federal coffers.
Parliamentary budget officer Jean - Denis Frechette's office found 10,052 projects with a combined cost to federal coffers of $ 7.2 billion have been approved for funding across 32 departments, agencies and Crown corporations since 2016, when the Liberals unveiled the first phase of their infrastructure program,.
Federal coffers are set to dole out $ 186.7 billion in infrastructure money over the next 12 years, but the most recent federal budget indicated about one - quarter of planned spending between 2016 and 2019 was being moved to future years.
Well, it would be just a drop in the bucket, but cutting off their tax - exempt status as a religious organization might mean a few more bucks in the federal coffers.
So that gets reflected back in taxes, both the provincial and federal coffers,» George later told Canadian Business.
Great job, now don't forget 75 % of your profits are going into the federal coffers».
If Cali pays out tons into federal coffers and Alabama receives that, then Cali loses real earnings regardless of what investment levels are unless it's infrastructure spending, in which case it's not a zero - sum game where everyone can benefit.
For example, in 2011, individual income taxes contributed $ 1.1 trillion to federal coffers, while corporate taxes added up to $ 181 billion.
At a forum on the future of sports media back in October, Stern said, «I think that gives a way for states to make more money, for leagues to be compensated for their intellectual property, and for the federal government to take [away] illegally bet money and put it through the federal coffers
The Queens Library, which receives a good chunk of funding from city, state and federal coffers, has refused to fully open its books to city Comptroller Scott Stringer, who attempted to conduct an audit of the nonprofit's finances.
But much funding for new research comes from the federal coffers.
Her views: In a 2009 blog post for the conservative think tank Heritage Foundation, where she was a fellow at the time, Chao derided a proposed cap - and - trade system as a policy that «would drain trillions of dollars out of the private economy and into federal coffers
The Education Next poll found that on average adults believe 32 percent of public school funding is sourced from federal coffers.
If you owe money to the federal coffers, you'll be dinged a minimum of 5 % of the balance owing, plus another 1 % penalty on unpaid tax for every month that it's late, up to a maximum of 12 months.
Every time you trigger a capital gain to move securities from taxable accounts to TFSAs, the cash register will ring for federal coffers.
The government decided against allowing the higher contribution ceiling to continue to rise with inflation, which will reduce its cost to federal coffers.
The government numbers show that it's only the top one per cent of income tax filers whose corporations will be affected by the changes but this change will still reap a windfall for federal coffers.
They will only give state and federal coffers a pittance in extra revenue to fund better education, health care, etc., so state governments are putting our climate, our communities, and our aquifers and farming land at risk for almost no financial benefit.
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