Sentences with phrase «generate sales tax revenues»

At - Large councilors Kathleen Joy, Lance Denno and Jean Kessner and district councilors Matt Rayo, Pat Hogan and Nader Maroun said the proposal from developer Tino Marcoccia would improve a highly visible but run - down corner, create jobs and generate sales tax revenues.
Mahoney says it will generate sales tax revenue for the county.

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Committed users can pay for more complex training, where they learn revenue - building tricks like generating cash back, using gift cards and optimizing sales tax collection.
By deducting the drug's operating costs, taxes, net investment and working capital requirements from its sales revenues, you arrive at the amount of free cash flow generated by the drug if it becomes commercial.
The Community Enhancement Fund, which was created and is supported by Measure H, a half - cent local sales tax measure approved by Rancho Cordova voters in November 2014, generates approximately $ 7.2 million annually in revenues for the city's general fund.
Sales tax revenue generated by the new stores is seen as a major boost for Long Grove, which levies no property tax.
Last year operators there generated $ 1 billion in legal sales and $ 140 million in state tax revenues.
«And, just because the person doesn't pay income tax, doesn't mean there's not a revenue enhancement to that person getting a job in the state,» adding the worker might buy a house, generate real estate fees, sales taxes and other spending in the community.
Tedisco said sales tax is an important source of revenue that is often generated by summer tourism.
In total, the hotel would generate $ 1.3 million in sales and room occupancy tax revenues annually, it said.
The sales tax — which would generate millions of dollars in revenue to fund community - based anti-violence programs — is among measures in the legislation that the Democrat planned to introduce in Congress this week.
Mr. Cuomo has other plans to generate revenue, including changing New York's online sales tax law, which currently requires large online marketplaces like Amazon and eBay to collect sales tax on behalf of the state on shipments to New York buyers if the seller is also in New York.
The Nevele developers say the project, if approved, will generate hundreds of jobs, translating into about $ 100 million in local spending, increased hotel occupancy tax revenues, increased sales tax revenues and 10 percent of gaming tax revenues going to the town of Wawarsing, the village of Ellenville and Ulster County.
The comptroller's office used survey findings and figures from Colorado and Washington, which started allowing marijuana sales in 2014, to estimate how many New Yorkers smoke pot regularly, how much they would spend if it's legalized and how much tax revenue those sales could generate.
The new sales - and - use tax cap generated in excess of $ 13.46 million in direct sales tax revenue for the state, compared with a $ 1.5 million first - year loss that a Florida legislative staff analysis had projected.
Mahoney said the amphitheater will operate in the black, but the amphitheater's greatest impact will come from sales tax revenue generated.
County Legislator Richard Gerentine, R - Marlborough, who pushed for the local law, said allowing stores to sell sparkler - type fireworks could increase business and generate additional sales tax revenue for the county.
Ari Hoffnung told lawmakers that more than $ 400 million dollars in revenues could be generated each year, from an excise tax based on 20 % of the price of an ounce of pot, as well as new sales taxes.
Nixon added that legalizing pot use for non-medical reasons would end «a key front in the racist war on drugs» and generate hundreds of millions of dollars of tax revenue for the state through legal marijuana sales.
Mr. Walter said Riverhead Town generates $ 25 million to $ 30 million in sales tax revenue, but only received about $ 1 million of it back from the county.
The new wrinkle is the administration's heavy reliance on what is called mandatory spending, which would fund a specific program using revenue generated by the sale of a government asset, such as oil in the strategic petroleum reserve, or a particular tax or license fee.
The proposal includes significant «mandatory spending, which would fund a specific program using revenue generated by the sale of a government asset, such as oil in the strategic petroleum reserve, or a particular tax or license fee,» Mervis continued.
Funding for the FEFP combines state funds — primarily generated from sales tax revenue — and local funds — generated from property tax revenue.
Due to the passing of the law in California, which was purported to bring in around $ 317 million annually in sales taxes, Amazon cancelled its affiliates program in that state and cut over $ 200 million of revenue generated through its more than 10,000 small - business partners.
Now that I know how Amazon treats people when the going gets rough, I prefer to shop at B&N for books and generate a little sales tax revenue for my starving state.
The Internal Revenue Service will not recognize a tax loss generated from the sale and repurchase within 30 days before or after the trade or settlement date of the same or a substantially identical security — typically called a «wash sale
According to the Seattle Times, the measure's lead sponsor, Rep. Mary Lou Dickerson, D - Seattle, estimates that legalization would generate about $ 440 million in new revenue every two years through cannabis sales, taxes and licensing fees.
There will be computational and reporting challenges, but this measure may pacify those who feel the UK is not getting enough tax from international digital corporates which generate substantial sales revenues from the UK.
Sales and commodity taxes generate substantial revenue for the Canadian government but can have a significant effect on business profitability.
The revenue generated through the sales of such food items contributes towards the efforts made by the state and central governments to curb the inflation rate, which has constantly been on a rise even after several revisions made to the tax slabs under GST.
But Georgetown will pay the $ 15 million back to Simon over 20 years by rebating a share of the revenue from the local sales tax that Wolf Ranch generates.
Plus, the revenues generated from sales, hotel, and restaurant taxes go toward schools, regional transportation, and other vital public services the city so desperately needs.
Even if there's no meaningful increase in internet sales over the next 10 years, Platt said empowering states to collect taxes from online transactions could generate $ 260 billion in local revenue.
In addition to development charges, other government - imposed costs on housing include sales taxes, land transfer taxes, application and processing fees, building permit fees, new home warranty fees, land dedications, and a multitude of other revenue - generating mechanisms for government.
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