Sentences with phrase «funded by raising taxes»

De Blasio cites the city's 21 % poverty rate as proof of this, and he campaigned on closing the gap by pushing real estate developers to build or preserve 200,000 affordable homes and creating a universal pre-K program for the poor, funded by raising taxes on those who make a $ 500,000 or more.

Not exact matches

If the funds are obtained by raising some entities» taxes, then the spending of those paying the increased taxes will decrease, offsetting the increased spending of the recipients of the transfer payments.
That tax would fund half - priced MetroCards by using $ 250 million of the revenue that the tax would raise.
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.
If the state funds these unproductive workers by borrowing at repressed rates from households, or by otherwise raising direct or hidden household taxes, this way of managing unemployment will indeed serve simply to prevent or even reverse the adjustment process.
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.
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.
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.
The budget would be funded by taxes currently raised by member states and would «be able to raise money in common, invest and absorb economic shocks», Le Point quoted Macron as saying.
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.
And 68 percent voted down a companion measure that would have raised the Park District's corporate fund property tax rate by 10 cents per $ 100 of assessed valuation to operate the new facility.
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.
[76] At the conference, Miliband pledged to focus on six national goals for Britain until 2025, including boosting pay, apprenticeships and housing; a mansion tax and levy on tobacco companies to fund # 2.5 billion a year «time to care» fund for the NHS; a commitment to raise the minimum wage to # 8 or more by 2020; and a promise to lower the voting age to 16 ready for elections in 2016.
«This bill requires that funds raised by taxes for the express purpose of funding the MTA or its subsidiaries be used for their intended purpose.
Gov. Deal has overseen three balanced budgets without raising taxes, saved millions of taxpayer dollars by maintaining Georgia's AAA bond rating, and increased our rainy day fund by more than 500 %.
He is the only one who will raise taxes on the wealthy to fund universal pre-k and after - school programs that keep our kids safe; the only one who supports the full package of reforms to end a stop - and - frisk era defined by racial profiling; and he has the boldest plan to build or preserve nearly 200,000 units of affordable housing.
Districts are restricted in the amount of local revenue they can raise to fund school programs by state property tax caps, which took effect in 2012.
Labour believe they can fund the change by closing tax loopholes in the construction industry, ending the government's «shares for rights» scheme and raising taxes on hedge funds.
New York City Mayor Bill De Blasio wants to pay for pre-K for New York City children by raising New York City income taxes on households earning more than $ 500,000 saying that if state funding gets cut, pre-K for New York City children will still be funded.
It would raise funds by hiking tax on alcohol and tobacco by 50 per cent, raising fuel duty by 8 per cent annually, and introducing VAT and fuel duty on aviation.
The exact wording of the question about the competing pre-K plans was as follows: «Governor Andrew Cuomo wants to pay for pre-K for all New York State children without raising taxes by using existing state funds.
Another pet project of de Blasio's, which would raise taxes on New Yorkers making more than $ 500,000 per year and use those funds to finance pre-kindergarten and after - school programs, was also shot down by Cuomo.
«The choice for Republicans is clear: they can keep Richard Hanna, who votes to raise taxes, to extend U.S. debt to economically dangerous levels by voting with Obama, Reid and Pelosi to raise the debt ceiling while bankrupting our nation, or they can choose a commonsense Republican like me who has a proven record of voting to reduce taxes, voting against the implementation of Obamacare in New York, votes against funding an illegal database (including ammunition database) against legal gun owners, voting against increasing our debt ceiling in New York and supports countless initiatives to reduce the burdens of government red tape on individuals and small businesses, including family farms,» Tenney said.
The revenue bill passed by the Assembly originally included a provision designed to raise $ 50 million imposing state income tax on the investment income of nonresident partners in New York - based hedge funds — a move Mayor Michael Bloomberg called «the best thing that ever happened to Connecticut,» whose governor immediately invited New York firms to move to her state.
One question focused on possible reasons to vote for «Woodstock,» citing reasons like fighting to improve the economy by taking on big businesses and monopolies, pushing for campaign finance reform, increasing education funding, changing the tax code to require the wealthy and large corporations to pay more and raising the minimum wage.
By limiting how states can raise funds to help pay their Medicaid costs, the «provider - tax» proposals — like the blended - rate proposal — represents a cost - shift to states.
«I've kept my promise to fight for Long Island by voting over 175 times against raising taxes, delivering a $ 20 million increase in aid for South Shore schools, and passed a plan to prevent corrupt pols from receiving taxpayer funded pensions.
In order to pay for these reforms, Miliband said, Labour would clamp down on tax avoidance — including by the hedge funds — and raise over # 1bn.
BY HEATHER BARR A candidate for receiver of taxes in Orangetown, Chris Smith, guest bartended on Thursday, May 2 at Johnny's Smokehouse in Pearl River to raise money for George Bergerman Memorial Youth Fund.
And the new tax would fund half - priced MetroCards for low - income New Yorkers by $ 250 million of the revenue the tax would raise, covering as many as 800,000 New Yorkers based on their income levels.
«I'm pleased Mayor de Blasio recognizes that additional funds contributed by the city would further that goal, but raising taxes is not the answer,» he said.
Vos said he was disappointed with the road funding — he had pushed for raising more revenue by raising the gas tax or raising vehicle - registration fees rather than borrowing more money — but pledged that the Assembly would not return to the floor next week to adopt any Senate changes.
Three years after California voters passed a ballot measure to raise taxes on corporations and generate clean - energy jobs by funding energy - efficiency projects in schools, barely one - tenth of the promised jobs have been created, and the state has no...
The San Mateo, Calif. - based company raised the funding from four partners in June and July by packaging the tax equity from the incentives that accompany many of the solar arrays that SolarCity installs.
Police Authorities were corporate bodies, which raised revenue to fund the operation of their police forces by levying a precept on Council Tax Collection Authorities - District Councils and Unitary Authorities - which was added to local people's Council Tax bills.
A week after severe spending cuts by the Town Board yielded a preliminary 2012 municipal budget that would raise taxes by about 4 percent for the general fund, Woodstock supervisor Jeff Moran acknowledged that he had miscalculated a mandatory expenditure and, as a result, the projected tax increase was actually more than 7 percent.
Hawkins: Yes, we can fully fund our public schools by raising taxes on the wealthiest 5 % and keeping the stock transfer tax rebate.
Elizabeth Warren and Eric Schneiderman, who called for stricter regulation and prosecution of of executives involved in the housing bubble; Bill de Blasio, who won a mayor's race by attacking income inequality and promising to raise taxes on the wealthy to fund social programs.
(In characteristic fashion, Cuomo simultaneously appropriated de Blasio's issue by signing off on $ 340 million to fund universal pre-kindergarten without raising taxes.)
Asked if his recent fund - raising sprint of $ 1,000 - per - head dinners was at odds with his proposal to increase taxes for the wealthy, de Blasio said, «a number of people who are supporting my campaign will be among those taxed and so they are, by definition, buying into that plan.»
The mayor ended by plugging his plan to raise taxes the wealthiest city residents to fund universal pre-K and after - school programs.
Cuomo has attempted to take the wind out of de Blasio's proposal, which is backed by unions and their Democratic allies in the Legislature and on the City Council, by proposing to provide some funding for pre-K statewide without raising taxes.
Nevertheless, the WFP's overtures presented him with a new dilemma: His «New Democratic Party» platform includes a pledge not to raise taxes and a promise to enact legislation capping future increases in local property taxes that directly contradict WFP tenets which seek more funding for education and social welfare programs by raising taxes on the wealthy.
But after he became chairman of the tax - writing Ways and Means Committee, Rangel was dogged by a string of stories detailing his fund - raising activities and use of multiple rent - stabilized apartments.
He also wants to modernize the Corporation Business Tax to raise $ 110 million, and tax «carried interest» — or performance fees earned by hedge fund and private equity managers — to generate roughly $ 100 milliTax to raise $ 110 million, and tax «carried interest» — or performance fees earned by hedge fund and private equity managers — to generate roughly $ 100 millitax «carried interest» — or performance fees earned by hedge fund and private equity managers — to generate roughly $ 100 million.
They first clashed over de Blasio's plan to raise taxes to fund universal pre-kindergarten, but later that year, de Blasio did a huge favor for Cuomo by helping to coax the liberal wing of the Working Families Party into letting him have its nomination.
The Indigent Care Pool (ICP) was created under the 1996 Health Care Reform Act as a means of reimbursing hospitals for care provided to patients without health insurance, using funds raised by the state's taxes on health insurance policies along with federal aid.
He added: «The Treasury could provide extra funds for this by raising taxes, cutting other spending or borrowing more.»
De Blasio has vowed to raise the funds by hiking taxes on New York City's wealthiest residents, a plan that has been repeatedly dismissed by Cuomo.
A marathon debate over education funding continues in Ohio, where school groups are already divided over a May 5 ballot measure that proposes hiking the state sales tax by 1 cent in order to raise revenue for schools.
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