Sentences with phrase «federal tax cuts for»

All over the country, the collision of decades of expansive social programs, federal tax cuts for the richest, and the aftermath of the global financial slide has produced oceans of budgetary red ink.

The UFT president suggested that the state pay for necessary public investments, such as education, by recapturing some of the funds lost to federal tax cuts for the rich.

Surrounded by union workers, U.S. Senate Minority Leader Chuck Schumer called Trump's infrastructure plan a sham, and urged that recent federal tax cuts for corporations and the richest Americans be rolled back to help pay for long - overdue repairs.

Not exact matches

While Republican leaders argued it would, every major independent analysis of the bill, known as the Tax Cuts and Jobs Act, showed that it would grow the federal debt over the next 10 years even when accounting for that increased growth.

Restructuring state tax systems in a way that takes back some of these high - end federal tax cuts should be a no - brainer for cash - strapped states.

The Company's effective income tax rate and comparable effective income tax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Refortax rate and comparable effective income tax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Refortax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Refortax rate related to the 2017 Tax Cuts and Jobs Act (Tax ReforTax Cuts and Jobs Act (Tax ReforTax Reform).

And while public dissatisfaction with the legislation has been focused on the notion that the Republican tax cuts are deeply skewed toward the wealthiest Americans and the corporations they run, Barkan, who has spent years galvanizing support for a more diverse and inclusive Federal Reserve, wants to remind Americans this legislation also includes cuts to their healthcare.

Most outside economic analyses say the type of tax cuts being promoted by Trump would likely fuel even larger deficits for a federal government already projected to see its debt steadily rise.

On the demand side, individual investors and mutual funds are still buyers, as individuals experienced a somewhat modest tax cut overall (the top income tax rate fell from 39.6 % to 37 %, for example) and many are looking for protection from the tax man now that the federal deduction for state and local taxes is capped at $ 10,000.

Attacking corporate tax cuts and introducing green industrial development is a breakthrough for a federal election.

President - elect Donald Trump's economic agenda of fiscal spending and tax cuts, coupled with the Federal Reserve raising interest rates spells trouble for bond holders.

It's still likely to result in a bill that scales back federal support for insurance coverage and overhauls Medicaid while cutting taxes for the health care industry — but if any plan can pass the Senate, it's likely to look something like that.

Maybe 15 percent of your income is taken right off the paycheck by the FICA [Federal Insurance Contributions Act] for Social Security and essentially pre-saving for Social Security medical care (which provides the government with enough money to cut taxes on the higher brackets.)

Tax cuts have lifted business sentiment and the outlook for growth, with the Fed seeing a «significant boost to output over the next few years» from the tax law and a federal budget booTax cuts have lifted business sentiment and the outlook for growth, with the Fed seeing a «significant boost to output over the next few years» from the tax law and a federal budget bootax law and a federal budget boost.

The federal government would be a government known for lowering taxes and cutting spending.

Federal Reserve officials at their January meeting believed that improving global economic prospects and the impact of the recently passed tax cuts had raised the prospects for economic growth and future Fed rate hikes in 2018.

There is also no doubt that without these tax cuts the government would have been in a much better fiscal position to deal with the 2009 - 2010 recession; that any resulting deficit, would have been eliminated much earlier than 2015 - 16, and without the need for draconian cuts in federal programs and services.

Economic analysis has shown that tax cuts can only pay for themselves when the top federal rate is much higher than it is today — many economists believe the top rate would need to be above 60 percent.

Steve Eisman, who disclosed owning Fannie Mae prefs in smalls, implied on TV this week that the DTAs could prove to be a catalyst for action, implying the US Treasury would be called upon to make the GSEs whole on the potential DTA value impairment due to the proposed Federal corporate tax cut.

Tax cuts, job growth, synchronized and improving global growth, and a patient Federal Reserve (Fed) are all helping extend the positive outlook for the economy and markets.

Tax cuts always effect assets prices, regulations are estimated to account for up to 35 % of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already seTax cuts always effect assets prices, regulations are estimated to account for up to 35 % of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already setax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already seen.

The left - leaning Citizens for Tax Justice have asserted that the plan will cost $ 12 trillion to the U.S. economy over the next decade, and the more conservative Tax Foundation has suggested that the cuts will contribute $ 10 trillion to the federal deficit over the same period.

The Committee for a Responsible Federal Budget estimates that expiring the individual tax cuts in the bill hides between $ 570 billion and $ 725 billion of potential costs.

The Mortgage Credit Certificate Program cuts down on the amount of federal income tax the borrower has to pay, which frees up income for mortgage qualification.

The status quo fiscal projection, which assumes no new spending programs and no new tax cuts, is now for the federal books to move into a small surplus in 2019 - 20, and for the federal debt to GDP ratio in 2019 - 20 to be 27 %.

In the six months ended March 31, 2018, as a result of the U.S. Tax Cuts and Jobs Act, Post recorded a $ 265.3 million one - time income tax net benefit which included (i) a $ 272.4 million benefit related to an estimate of the remeasurement of Post's existing deferred tax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earninTax Cuts and Jobs Act, Post recorded a $ 265.3 million one - time income tax net benefit which included (i) a $ 272.4 million benefit related to an estimate of the remeasurement of Post's existing deferred tax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earnintax net benefit which included (i) a $ 272.4 million benefit related to an estimate of the remeasurement of Post's existing deferred tax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earnintax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earnintax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earnintax on unrepatriated foreign earnings.

That's a tough sell at a time when public opinion has tilted sharply against cutting taxes on the rich, and when a low unemployment rate and Federal Reserve interest rate increases have eliminated the case for fiscal stimulus.

The disclosures come on the heels of last week's proposals by Republican lawmakers to provide several new tax benefits for multinational companies, including cutting the federal corporate income tax rate to 20 percent from 35 percent.

WHEDA Tax Advantage - Those who are eligible for a WHEDA loan can apply for the tax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credTax Advantage - Those who are eligible for a WHEDA loan can apply for the tax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credtax advantage program, which cuts down on the amount of federal taxes a buyer owes by claiming up to 40 % of annual mortgage interest as a tax credtax credit.

Ryan's advocacy for cutting taxes and trimming the deficit — he is the architect of the GOP's proposed federal budget — married with his willingness to talk about fiscal belt - tightening in moral terms and his low - key social conservatism speak to a political moment in which the economic concerns of the Tea Party and the social focus of the Christian right have merged into a relatively cohesive anti-Obama movement.

What Boehner wants to do, minimally, is to reduce the Federal component for these programs while simultaneously providing tax cuts for the wealthy and certain industries.

«This piece of legislation will modernize outdated regulations and cut federal taxes for small brewers, distillers and winemakers across Oklahoma by 50 percent, allowing them to grow their businesses and create more jobs in Oklahoma.»

Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.

While Trump's federal tax cut is causing headaches for some New Yorkers, Cuomo and regulators at the state Public Service Commission are working to ensure that utility customers in the state are able to reap some of the benefits as soon as possible.

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.

The two - year budget deal reached in Washington on Friday ensures no draconian cuts in federal aid to the state and city, undercuts arguments to raise some local taxes and portends problems for Cuomo as he exaggerates the impact of Congress's tax bill on New Yorkers.

While Collins says he has House leadership support for cutting federal reimbursements to state Medicaid funding derived from counties in the sales tax, the Senate side is still debating how states would be impacted.

While voters are nearly evenly divided between the two candidates on most issues, Hayworth is viewed as stronger on taxes and the federal budget deficit in a district that favors repealing health care and retaining the Bush tax cuts for the wealthy.

FPI joined the rally, where ordinary tax payers, elected officials, community organizations and labor unions called for a 0.5 % New York State tax on stock buyback trades, which would mean corporations using their federal tax cuts simply to benefit their shareholders would have to pay a small New York State tax on... (read more)

Citizen Action of NY is coordinating the New York activities of a new national campaign, Americans for Tax Fairness, to bring greater fairness to the federal tax code by ending the Bush tax cuts for the richest 2 percent of AmericaTax Fairness, to bring greater fairness to the federal tax code by ending the Bush tax cuts for the richest 2 percent of Americatax code by ending the Bush tax cuts for the richest 2 percent of Americatax cuts for the richest 2 percent of Americans.

Fortunately, the recently enacted federal tax plan cut the tax rate down to 21 percent, pushing for businesses to make U.S. - based capital investments.

We applaud Governor Paterson's argument that, should New York receive a significant cash infusion from the federal government for Fiscal 2010, the state should use those revenues to cut back on significant proposed tax and fee hikes, rather than restore or increase governmental spending.

«It is shocking that Grinch Andrew Cuomo is advocating for a shutdown of the federal government because he didn't get his way on denying New York's working families a tax cut of $ 100 or more in their monthly paychecks,» Collins said in a statement.

The proposed tax reform — a different version of which is making its way through the Senate — would deeply cut corporate taxes, double the standard deduction used by most Americans, and limit or repeal completely the federal deduction for state and local property, income and sales taxes.

Mr. Johnson said he would approach land - use decisions by trying «to get to a place of yes»; that he wanted to take steps to «eradicate hunger in New York City»; and that he would deal with the prospect of tighter budgets — because of the new federal tax law or a potential economic downturn — by guarding funding for «programs and everyday things that affect the most New Yorkers and the poorest New Yorkers, to ensure that they don't get cut.»

-- Health care insurance windfall profit fee ($ 140 million): Health insurers are in line for big cuts to their expenses thanks to the federal tax overhaul, and Cuomo wants to slap a 14 - percent surcharge on profits to help cover the state's rising health care costs.

The advocates — whose job is to always say it's not enough — don't recognize the state must to be mindful of spending in a year when federal tax policy and federal healthcare cuts, among other things must be accounted for because revenue is tight.

In its financial plan narratives, the DOB suggested high - income earners were delaying some profit - taking and bonus - claiming (including the exercise of stock options) in anticipation of the new Trump administration's plans for a big federal tax cut, effective as soon as 2019.

Compounding the problem, President Trump and congressional Republicans aim to eliminate or curtail state and local tax deductions to help pay for federal income - tax rate cuts in top brackets.

The ad accuses Slaughter of a voting for a slew of tax increases, including the so - called «cap and trade» emissions measure and trots out the frequent Republicant talking point that the 2010 federal health care bill cuts $ 716 billion for Medicare, which is actually spread out over 10 years and targets subsidies to insurance companies.