Sentences with phrase «for by raising taxes»

He added: «The Treasury could provide extra funds for this by raising taxes, cutting other spending or borrowing more.»
De Blasio wants to pay for it by raising taxes on wealthy New Yorkers.
When Scott arrived from Florida on a two - day tour to lure Connecticut companies to his home state, he said that Malloy and the legislature had made it easier for him by raising taxes here.
HARTFORD — Florida Gov. Rick Scott came to the capital city Thursday night on a two - day tour to lure companies to his home state, saying Connecticut Gov. Dannel P. Malloy and the legislature have made it easier for him by raising taxes here.
While Republicans often say the total tax cut is $ 5.5 trillion over 10 years, the reality is most of the reductions are paid for by raising taxes elsewhere.

Not exact matches

The chancellor will also reportedly commit to Conservative manifesto pledges made by the previous prime minister to raise the income tax threshold to # 12,500 and to raise the threshold for the 40p income tax rate to # 50,000.
Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.
Perry also had an uneven record on taxes, cutting them for property owners, but raising them for small business owners by broadening the state's franchise tax base.
It raised its profit outlook for 2018 by around 20 percent, citing the new tax legislation.
The U.S. Chamber of Commerce unveiled a plan earlier this month to raise the gas tax by 25 cents — five cents a year for five years — a move the group acknowledged would be an uphill battle.
Bonds get their «tax - free» status because the money raised by the bond issue is usually for a «public good or service» such as schools or roads.
Federal government could stimulate venture markets by introducing a capital - raising incentive such as a deferred capital gains tax for reinvestment of proceeds into small - business shares, effectively channeling locked - up capital earning uncompetitive returns into the shares of small enterprise.
But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European economic policy for years: that the path to sustained economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust of bond markets and other investors by displaying commitment to fiscal prudence — even if that process imposes deep economic pain as it plays out.
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.
The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.
So Senate Republicans decided to comply with the rule by simply having all the most expensive individual cuts in the bill expire, and paying for permanent corporate tax cuts by reducing access to subsidized health insurance and using chained CPI to raise individual taxes over time.
The Act repeals the «Pease» limitation, whose original intent was to raise tax revenue by increasing the taxable income for high - income earners.
Proposals to raise the Bay Bridge toll by $ 3, fast - track electronic stun guns for police officers and increase taxes on commercial landlords to fund affordable housing or child care.
Layton was responding to criticism from Jack Mintz — the economist oft - quoted by Conservative Leader Stephen Harper as justification for his tax policies — that the cap - and - trade system the NDP proposed to cover the cost of $ 3.5 billion worth of green initiatives in the first year would raise gasoline prices by 10 cents per litre.
In a new report released today for Sustainable Prosperity (a new research institute), Jack Mintz and Nancy Olewiler pitch a federal carbon tax constructed by broadening the base of the federal excise tax (which currently raises over $ 5 billion per year based on a tax of 10 cents per litre of gas and 4 cents -LSB-...]
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.
To put it simply, it means increasing spending and paying for the higher spending by raising taxes or going into deficit.
The Globe and Mail reported on Feb. 16 that Rosenberg, famous for predicting the U.S. housing bust, told his followers that he had heard that Finance Minister Bill Morneau is planning to «soak the rich» in his next budget by raising taxes on capital gains.
One of the things accomplished by reckless tax cuts for the rich, aside from dampening GDP growth and creating a smaller economic pie, was raising inequality.
Most previous tax proposals put forward by Congressional Republicans and the President, including the recent Unified Framework, implicitly or explicitly called for repealing the state and local tax (SALT) deduction — a change that raises $ 1.3 trillion according to the Tax Policy Centtax proposals put forward by Congressional Republicans and the President, including the recent Unified Framework, implicitly or explicitly called for repealing the state and local tax (SALT) deduction — a change that raises $ 1.3 trillion according to the Tax Policy Centtax (SALT) deduction — a change that raises $ 1.3 trillion according to the Tax Policy CentTax Policy Center.
While I agree that the tax system should be fair and equitable for all, I am very concerned that the proposed changes will negatively impact hardworking small and medium - sized business owners, lawyers, accountants and physicians who play by the rules, create jobs in our community and are also raising young families in Riverbend.
Indeed, as reported by the New York Times, states have promoted these tax credit programs to raise funds for private schools, even though the number of AMT filers is relatively small, approximately five percent of all filers.
Even the government almost agrees after compromising by raising the income level for when the highest marginal tax bracket kicks in to ~ $ 400,000 from $ 200,000 back in 2013.
«Even though the consumption tax is scheduled to be raised by 2 percentage points, a number of measures to mitigate the burden, such as a reduced tax rate and an increase in welfare benefits for pensioners, and the provision of free education are planned to be implanted,» the report said.
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.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
The same will come for Gay and Lesbian Americans who go to work, pay their taxes, raise and / or adopt children and make great parents, by the way, and Vote!
It will cut taxes for us rich folks while raising taxes on the middle class by up to $ 2,000 a year... great plan!
After one particularly offensive show on Aug 19, 2010 where he and his cohost, Crank, spent the morning railing against the «mentally diseased perverts» everyone else calls gay, preaching that women aren't equal to men and should be home raising the kids and making dinner, and Blacks need to kick their drug habits and get a job instead of freeloading off his hard earned tax dollars by trading in their food stamps for drug money, we started a blog documenting his abuses on the air waves.
Now such children become as bu - rd - en for tax payers and com - m - un-it-ies when raised, un-protected and un-loved by real parents and real family relatives?!
Failure in love and life is a requisite for success in teaching, and the problems of TV teachers are solved by leaving their profession — not by towns raising taxes, building schools, or giving higher salaries.
Such a ruler is authorized to provide for the common defense by raising an army, levying taxes and generally rallying support from the citizenry.
«U.S. global power, as presently conceived by the overwhelming majority of the U.S. establishment, is unsustainable... The empire can no longer raise enough taxes or soldiers, it is increasingly indebted, and key vassal states are no longer reliable... The result is that the empire can no longer pay for enough of the professional troops it needs to fulfill its self - assumed imperial tasks.»
«Why should my taxes be raised, or my son rejected by a medical school that would have accepted him if not for its affirmative action program?»
He can say whatever he wants, but his actions prove that he is NOT for the middle class and has made them poorer by raising taxes and welfare / foodstamp / disability / unemployment numbers instead of getting America back to work.
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».
In 1986 lotteries accounted for an average of only 3.3 percent of the total revenue raised by lottery states — far below the amount raised by income and sales taxes.
During the election the Greens called for a blanket 20 per cent «sugar tax» on soft drinks, paid by producers or importers, to raise $ 500 million a year to tackle obesity.
That amount of bonds would raise taxes by $ 86 a year for the owner of a $ 120,000 home, park district officials said.
whether the Sunset Pool should be demolished and replaced by a $ 4.5 million pool at Newton Park; and whether the district should raise real estate taxes to pay for a pool in Newton Park.
The Barrington Park District will ask voters Tuesday for the authority to raise its tax rate by 10 cents per $ 100 equalized assessed valuation.
Approving the proposal would raise taxes for each household by about $ 60 a year for every $ 100,000 of home value, starting in spring 2002.
The committee, which has members from the Park District Board of Commissioners and the Village Board, started meeting five months ago to study ways the two boards can work together to pay for family recreation other than by raising property taxes.
Wood's comments substantiate those made by the Institute for Fiscal Studies, which warned an independent Scotland would need to cut spending by # 6 billion or significantly raise taxes due to declining oil revenues.
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