Sentences with phrase «government by raising their taxes»

Although sovereign debt will always involve default risk, lending money to a national government in the country's own currency is referred to as a risk - free investment because with limits, the debt can be repaid by the borrowing government by raising their taxes, reducing spending, or simply printing more money.

Not exact matches

Be it the Conservatives» call to cut $ 11 billion in government expenditures or the Liberals» plan to raise corporate taxes by 1.5 percentage points back to 2010 levels, these are issues of substance.

«So what my co-author and I wanted to explore was exactly what the impact was of this introduction of withholding that happened from 1948 - 1976 at the state level on income tax collections, and the kinds of revenues that are being raised by state governments as a result.»

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.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctitax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury AuctiTax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Remember, if the government gives us a tax cut they'll still have to make up the budget shortfall somehow, chiefly by selling more bonds to American citizens (who happen to be the same people getting the tax cut) or foreigners (who will raise the money by selling us more of their goods and services, or buying less of ours).

The indebted nation agreed a $ 170 billion rescue plan, but will only get the money if its government fires workers, slashes pensions and wages, and raises taxes, all by month's end.

The government is called on to bail them out by issuing bonds, and to pay the interest charges either by raising taxes or cutting back spending programs.

Some economists have raised concerns that recent moves by the Trump administration and Congress to boost economic growth through $ 1.5 trillion in tax cuts and increased government spending could cause the Fed to worry about overheating and inflation.

There have been reports by the Broadbent Institute (the Kesselman study) as well as the Parliamentary Budget Office that also raise concerns about how over time the implementation of the expanded limit will increase the size of the tax exempt base and erode future government revenues.

Shortly after assuming office, the government made B.C.'s tax regime less competitive by raising the general corporate income tax rate, creating a new top personal income tax rate and increasing the carbon tax.

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.

While the NDP has signalled that they will only raise the price of carbon once mandated to by the federal government, the platform is unclear as to whether the current revenue neutrality of the carbon tax will be maintained.

Within the update the government also signaled its commitment to raise the B.C. carbon tax by $ 5 a ton of CO2 per year starting in April 2018.

The different governments lead by Mrs. Thatcher restrain the emission of the monetary mass, raise the rate of interest, reduce in a drastic way the taxes on the highest incomes, abolish the control of the financial flows, strongly raise the rate of unemployment, provoke strikes, put in place an anti-unions legislation and cut the social expenses.

As much as I'd like to see the VAT rise replaced by an income tax rise, I was under the impression that there was the rule that only governments can raise taxes, and backbench or parliamentary amendments can not?

«By recklessly raising taxes and cutting spending too far and too fast, this government choked off the recovery, pushing up borrowing by # 150 billion and leaving unemployment continuing to soar,» he commenteBy recklessly raising taxes and cutting spending too far and too fast, this government choked off the recovery, pushing up borrowing by # 150 billion and leaving unemployment continuing to soar,» he commenteby # 150 billion and leaving unemployment continuing to soar,» he commented.

As Congress returns to town today, the president faces weeks of hard negotiations to overhaul the tax code, raise the debt ceiling, keep the government open, finance his border wall, and secure relief and reconstruction money for areas devastated by Hurricane Harvey.

Cuomo has been adept at raising millions of dollars from interests whose businesses are impacted by Albany actions — labor unions, real estate developers, business executives, the health care industry, charter school backers, government contractors, and the film and TV companies that get tax breaks for filming in New York.

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.

The CEBR report found that if the Government raised the rate of corporation tax from 21 per cent to 26 per cent - the result of equalising the tax rate between big and small business - would cost around 100,000 jobs from the small business sector and reduce economic output by # 4.3 bn, while reducing the public sector deficit by only # 1.6 bn over 10 years.

The amount of revenue raised by taxes slowed down significantly in the last half of 2013, with preliminary figures showing even slower growth this year, the Rockefeller Institute of Government found.

«In 2008 the government raised alcohol duty by six per cent in real terms and introduced a duty escalator that automatically increased alcohol taxes by two per cent above inflation every year thereafter,» he said.

But in Albany, the Senate's Republican majority said it's time for government fiscal crises to be solved by cutting spending, not raising taxes.

«What we are seeing is a governor who does not want a thorough and balanced review by an objective tax commission and who is creating what should be called the «Commission to Endorse the Governor's Tax Cut Plan,»» said Ron Deutsch of New Yorkers for Fiscal Fairness, another progressive group that argues for government spending and, often, raising taxtax commission and who is creating what should be called the «Commission to Endorse the Governor's Tax Cut Plan,»» said Ron Deutsch of New Yorkers for Fiscal Fairness, another progressive group that argues for government spending and, often, raising taxTax Cut Plan,»» said Ron Deutsch of New Yorkers for Fiscal Fairness, another progressive group that argues for government spending and, often, raising taxes.

«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.

If we did as some have suggested and paid the increasingly inflated retirement costs upfront, either government would be financially crippled or we would have to raise property taxes by nearly 50 % over 5 years.

The government response also rejects the idea that substantial tax revenue could be raised by taking the # 6 billion per annum cannabis market out of the black economy:

This involves the extra tax receipts being raised by the Government as the economy grows being split between public spending and tax cuts.

Instead of tinkering at the edges the Government should have grabbed the opportunity to raise # 4.7 bn by raising income tax for those earning over # 100,000 to 50 per cent.

The government should have taken the banking levy further by introducing the Robin Hood Tax, which would have raised ten times the government's bank tTax, which would have raised ten times the government's bank taxtax.

The absence of the information about house movements on the back of the bedroom tax — called a «spare room subsidy» by the government — raises questions about arguments from ministers that the policy was designed to save money and free up existing stock to cut housing queues.

«The Federal Government is also using the data to generate «nudge» letters which are being sent to those identified as being potential tax defaulters,» said Adeosun while responding to questions raised by journalists during the submission of progress report on tax laws reform.

By cutting spending, providing tax and regulatory relief, ensuring the safety of our citizens and opening up county government to you, we will help to create private sector jobs, protect our natural and human resources, ensure government efficiency, empower our citizens and make certain Dutchess County remains a great place to live, work and raise a family.

He lowered state - level rates by merely pushing the costs of government down to the counties and towns thru endless mandates, forcing them to raise their sales and property taxes in turn.

Many local governments, especially upstate, have been squeezed by declining populations and an eroded industrial base coupled with a cap on raising their property taxes as well as a spike in required pension contributions.

At the last election the Lib Dems said they could raise large sums by closing tax loopholes and today Alexander announced that the government would spend an extra # 900m on anti-evasion and anti-avoidance measures.

He noted that, although some of the taxes were introduced by the erstwhile National Democratic Congress (NDC) government to raise revenue, they have proven to be unprofitable means of raising money, and had rather become a burden to the private sector, stifling their development.

Cuomo has limited rising property taxes by capping how much local governments can raise them.

He said the government should abandon the 1 % cap and instead raise the money by imposing a cap on tax relief for pension contributions at # 26,000.

It would allow schools, counties, towns, cities and other local governments outside New York City to raise their property taxes by no more than 2 % a year or the inflation rate, whichever is lower.

The Liberal Democrats today promised an attack on those who have made tax evasion a lifestyle choice, as the party announced government plans to raise an extra # 7bn by 2014 - 15 by tackling tax avoidance and fraud.

The total cost of providing government services minus total revenues from all other sources such as state aid and user fees equals the amount of money to be raised by property taxes.

Tory sources said the measure would be paid for by taxing «non-doms», or non-domiciled UK residents, though they admitted they would not know how much money this would raise until they formed a government and opened the Treasury's books.

Labour MP for Gateshead, Ian Mearns, has criticised Eric Pickles» accusation that English councils who raise a «stealth tax» by 1.99 % in a bid to avoid the Government's 2 % referendum threshold are «democracy dodgers».

Statements by a senior Treasury Minister and the Welsh Government over the weekend have suggested that the power to raise income tax in Wales could be partly devolved, with the legislation passed in the next couple of years.

Policy options raised by Findlay included increasing the minimum wage, reintroduction of council house building, reduction in the use of the private sector in NHS Scotland, and allowing councils to set their own taxes to help reverse job losses within local government.

The researchers started their experiment by asking college students their opinion on this statement: «The government should provide health insurance to everyone, even if it means raising taxes.»

When enrollments are rising, however, the dilemma faced by state governments is even more difficult, as maintaining the same level of funding per student necessitates either raising taxes or reducing other types of expenditures.

«Split - roll» proposal would raise billions for schools and local governments by increasing property taxes on businesses.