Sentences with phrase «federal revenues at»

Paul Ryan assumed federal revenues at nineteen percent of GDP.

Not exact matches

The legislation would further cause at least a $ 3.6 trillion shortfall in federal revenue by 2040, the analysis says.

At that point, interest payments would absorb more than $ 1 in $ 5 of federal revenue, crippling the government's capacity to bolster the economy, and constraining the private sector too.

«Canada's media and cultural industries are being severely damaged by the tax loopholes that benefit foreign digital companies and platforms at the expense of Canadian producers and workers and that cost the federal government at least $ 1 billion in revenues,» the union wrote in a statement on its website.

Fourteen states have legal marijuana on the ballot in 2016, and a recent report showed that, under certain circumstances, legalization could generate $ 28 billion in tax revenue at the federal, state, and local levels.

The province also has the lowest per - capita revenues, at $ 8,369, partly due to relatively low levels of transfers from the federal government.

At No. 332, it has over $ 8 in revenue, and focuses on providing consulting and technology services to federal, state and commercial clients.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

They found the federal treasury lost at least half a billion dollars in tax revenue that would have been paid had individuals not been able to funnel their personal income through corporations.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

If the Conservatives hadn't touched the federal corporate tax rate when they took office in 2006 — if they'd kept it at 21 per cent instead of lowering it to 15 per cent — government revenues would be $ 13 billion higher, the Canadian Labour Congress argued in a paper last January.

Or will demographic pressures exert upward pressures on federal program expenses, while at the same time exerting downward pressures on potential economic growth and tax revenues?

These included overly optimistic economic growth and oil price assumptions; cutting the contingency reserve by two - thirds; selling shares in GM at fire sale prices; raiding EI revenues; and even booking «savings» from unilateral changes to federal employees» sick leave benefits.

Tax IRS forms are available online, or at your regions federal revenue office.

«They were the greatest (approaching 95 % at times) source of federal revenue until the Federal income tax began after 1913.federal revenue until the Federal income tax began after 1913.Federal income tax began after 1913.»

While reducing federal spending during an economic slowdown was not the President's preference, he recognized the political realities and undertook a series of negotiations with the Republican Speaker of the House, John Boehner, aimed at achieving a compromise plan to reduce the deficit over time through a combination of spending cuts and revenue increases.

It said that the average federal income tax rate on pass - through business income was 19 percent and that if pass - through activity had remained at 1980s levels, that tax revenue would have been about $ 100 billion a year higher.

What's more, government forecasts show corporate income tax revenues climbing by roughly a third between now and 2015 - 16 — at which point they will account for 12.2 per cent of total federal budgetary revenues.

Texas service sector activity «continued to increase in April, albeit at a slower pace than last month,» according to business executives responding to the Federal Reserve Bank of Dallas» Texas Service Sector Outlook Survey, as the revenue index decreased to 14.7 from 20.0.

«If they were at the same 21 percent share of corporate profits as they had averaged in the two decades before these cuts, the federal government would have about $ 25 billion more in corporate tax revenues annually.

While federal and provincial governments will continue to play an important role investing in infrastructure, they simply do not have the resources to meet the demand — pegged at somewhere in the neighbourhood of $ 500 - billion — without a large increase in tax revenues or drastic cuts to social programs.

A 0.5 % small business tax reduction is welcome, but overshadowed by tax increases at the personal level, corporate level, an increase in B.C.'s no - longer - revenue - neutral carbon tax, and the corresponding pending changes by the federal government as to how small business owners can manage their affairs.

Bond income, in contrast, is deducted from corporate revenues as interest expense, and therefore does not get taxed by the federal government at the corporate level.

From 1990 to 2005, he was Director Fiscal Policy Division Department of Finance, responsible for overall preparation of the federal budget; preparation and assessment of medium - and long - term projections of federal revenues and expenses and implications for fiscal policy; analysis of fiscal conditions at both the federal and provincial levels; evaluation of various budget proposals; preparation of monthly Fiscal Monitor; with the Office of the Comptroller General (OCG), assessing and evaluating accounting standards proposed by the Public Sector Accounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial statements.

No one with the requisite skill has done a revenue analysis of Gingrich's tax plan, but eyeballing the Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten years.

Beverage companies and their employees, and the firms and employees indirectly employed by the industry, provide significant tax revenues - $ 19.1 billion at the state level and $ 30 billion at the federal level.

There is an obvious disparity between the funds made available by the federal government to support free meals for low - income students and the revenue collected by school districts (from federal «paid» meal reimbursements and student payments) to support the very same meals when served to children at higher income levels.

Since Illinois income tax forms are based on the federal forms, loophole closing measures at the federal level will raise state revenue by up to $ 100 million a year, the commission staff found.

(By way of reminder, «competitive» foods are those foods sold on school campuses outside of the scope of the federal meal program, such as «a la carte» foods sold in the cafeteria or vending machines by a district to raise revenues, as well as foods sold at sporting events, team and PTO / PTA fundraisers, etc..)

He and John Raskin, executive director at the Riders Alliance, believe it's also critically important for the MTA to find new revenue streams that will reduce its dependence on the federal government.

Cuomo's eighth State of the State address occurred against a backdrop of widening state deficit that stands at $ 4 billion and counting, a potential $ 2 billion revenue loss in federal aid, a beleaguered New York City subway system, an uneasy State Senate and an flurry of upcoming political - corruption trials.

Let me throw some substance at you Fact Free Phool... watching video of yesterday's Revenue Forecasting meeting the Republican Senate's Economic Consultannt (IHS) estimated that between 20 - 30 % of NY residents will pay higher federal taxes due to SALT cap... so it turns out Silly Philly was lying again!

Astorino said that participating in the program would allow the county to sidestep a federal law which requires that all revenue generated at the airport gets reinvested back into the airport; and he estimated that Westchester could generate at least $ 140 million in revenue from the airport deal that could be used for other areas of the county.

Tax revenues from Wall Street, meanwhile, are shrinking, and the state's federal stimulus money, which has added up to about $ 6 billion annually since 2008, will be cut off in another year, two at most.

Officials at the Internal Revenue Service have not said whether such donations would be considered legitimate deductions for federal purposes.

It is also illustrated in the long list of matters dedicated to the federal government in the exclusive legislative list and in the revenue allocation formula which gives 52 % of national revenue to an incompetent and remote federal government, which in effect operates as a feudal bureaucracy with an «emperor», «sheik» or «king» at its head!

The Governor said: «We are aware that as at the time we are speaking the situation was deplorable and inflow from the Federal Government to the states were just not there with internally generated revenue dropping and a lot of companies were plugging down and taking people out of employment.

Such a move — which would require legislation at the state or federal level — would create a massive new revenue stream for the league.

«Whatever things we can do from that point, whether it's new revenues that aren't harmful to the state and keeps in mind what the federal government is doing to us, I think we're going to look at all of those things.

The ministers of Budget and National Planning, Mr Udoma Udoma, disclosed this to State House Correspondents at the end of the two - day National Economic Council Retreat in Abuja, adding that the Federal Government was looking at immediate possible ways to increase government's revenues.

«As at today, this government has plunged this State into over N30 billion debt despite receiving over N500 billion in the last seven years from the Federal Allocation; this is outside the internally generated revenue, this is outside VAT, this is excess crude as well as ecological fund».

But Republicans have insisted the bill, which adds nearly $ 1.5 trillion to the federal deficit, gives many if not most middle - class Americans a tax cut at the same level as the 21 percent corporate benefit, boosting investment, job creation, higher wages and offsetting tax revenues.

The Federal Government got a commendation at the weekend over its voluntary income declaration scheme as Executive Chairman of the Lagos Inland Revenue Service (LIRS), Mr. Ayodele Zubair, described the Voluntary Assets and Income Declaration Scheme (VAIDS) as the last chance for tax offenders to redeem themselves.

At the session, the senators also adopted the projected N5.1 trillion for non-oil revenue in 2017 and N807.57 billion for Federal Government's independent revenue for 2017.

He pointed out that it made no economic sense for the Federal Government to be calculating the country's revenue on the basis of the Central Bank of Nigeria (CBN) official rate of N199 to a dollar while States and Local Councils that are sharing the revenue with the Federal Government run their businesses at the open market rate of over N400 to one dollar.

«In elementary economics, the implication is that when revenue is calculated based on N199 to one dollar and the federal government will be declaring say revenue of N400 billion to be shared by the three tiers of government, the value of revenue that should have been shared will be over N800 billion at the open market rate of N400 to one dollar.

More than a dozen agents from the Federal Bureau of Investigation and the Internal Revenue Service, joined by investigators from the office of Attorney General Andrew M. Cuomo, arrived at Soundview's offices on White Plains Road shortly before 7 a.m., when the first employees arrived to open the doors for the day.

At Friday's hearing, the Council was skeptical of the administration's plan, with Ferreras - Copeland questioning whether it addressed long - term budgetary concerns from federal cuts under the Affordable Care Act and the system's decline in revenue generation.

Combined contribution of the states to tax revenue stood at 15.43 per cent of total tax revenue with Federal tax revenue making up 84.57 per cent for year 2015.

Speaking at a Budget Stakeholders Summit organised for Civil Society Organisations (CSOs) in the state, the governor disclosed that the state government had a total inflow of N73 billion from internally generated revenue (IGR), Paris Club and federal allocations.