Sentences with phrase «fiscal effects of the tax»

But Renacci insisted the fiscal effects of the tax cut should be set aside: «It's not the revenue side, it's the spending side,» he said.

Not exact matches

Businesses with more than 50 employees that do not offer coverage will be taxed based on the size of their payrolls, but the cost will be significantly less than the cost of providing insurance benefits, and the tax is not set to go into effect until the 2014 fiscal year.

The CBO report says postponing the tax increases and spending cuts «indefinitely» would «raise the risk of a fiscal crisis» that «would eventually» have adverse effects.

This is what Federal Reserve Chairman Ben Bernanke called the fiscal cliff, and he and many other economists worry that if all of these tax increases and spending cuts take effect simultaneously, the U.S. will send itself into a self - inflicted recession.

The Home Renovation Tax Credit will only come into effect in the middle of the next mandate (assuming the Conservatives are re-elected) and only if the fiscal situation can afford it.

The so - called fiscal cliff, whereby automatic tax increases and spending cuts are slated to take effect in the United States in January, took the top spot, according to El - Erian, the CEO of PIMCO.

The first is a fiscal policy that acknowledges the role of the government social safety net in buffering the effects of creative destruction, seeks to provide those services in an efficient, market - oriented fashion, and pays for those services with a simple and transparent tax system.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

These factors — many of which are beyond our control and the effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the effects of changes in government fiscal, monetary and other policies, tax risk and transparency and environmental and social risk.

In January 2013 the non-governmental organisation Sustain, supported by 61 health organisations, called for a 20 pence per litre excise duty on sugar sweetened drinks.4 In February, the Academy of Medical Royal Colleges called for a 20 % tax on sugar sweetened drinks as part of its enquiry into clinical and public health solutions to the obesity epidemic.1 Although the UK government has indicated a preference for voluntary approaches to the control of obesity, it has not ruled out fiscal measures.14 Clearly, the idea of a sugar sweetened drink tax is gaining traction in the UK, but its effect on health remains uncertain.

Heastie, too, echoed what Gov. Andrew Cuomo has claimed: Extending tax rates on those making $ 1 million and more due to expire at the end of the year is needed to generate revenue for a phased - in middle class tax reduction taking effect in the coming fiscal year.

After weeks of gloomy warnings regarding an impending federal fiscal cliff, Congress worked at the last minute to avoid the automatic spending cuts and tax hikes that would have taken effect in the new year.

The Institute for Fiscal Studies (IFS) estimates the average household will be # 200 a year worse off as a result of tax rises and benefit cuts taking effect on 5 April.

EJ McMahon, with the fiscal watchdog group the Empire Center, said Cuomo's characterization of the tax overhaul effects is not completely accurate.

A new report commissioned by three Michigan education groups provides this breakdown of how several, seemingly minor changes in state and federal income - tax laws have had the cumulative effect of eliminating $ 155 million that would have been available for Michigan schools in fiscal 2002.

In The Tax - Credit Scholarship Audit, EdChoice Director of Fiscal Policy and Analysis Dr. Martin Lueken follows up on previous work examining the fiscal effects of private school choice programs on state governments, state and local taxpayers and school distFiscal Policy and Analysis Dr. Martin Lueken follows up on previous work examining the fiscal effects of private school choice programs on state governments, state and local taxpayers and school distfiscal effects of private school choice programs on state governments, state and local taxpayers and school districts.

In The Tax - Credit Scholarship Audit, EdChoice Director of Fiscal Policy and Analysis Dr. Martin Lueken updates previous work examining the fiscal effects of private school choice proFiscal Policy and Analysis Dr. Martin Lueken updates previous work examining the fiscal effects of private school choice profiscal effects of private school choice programs.

It says its base - case outlook only factors in the impact of the expected U.S. fiscal boost, which would help Canada through increased demand, and the effects of Trump's vow to cut corporate taxes, which it notes would hurt Canadian competitiveness.

At $ 607 million, corporate income taxes would account for the majority of the provincial fiscal effects.

In order to mitigate the side effects of this, we run informal contractual audits to detect possible fiscal risk, issue spontaneous flash news on changes in tax legislation that directly affects our clients» businesses, and we also conduct tax optimisation processes to distress fiscal tension.