Sentences with phrase «high sales taxes on»

Buyers aren't used to paying such high sales taxes on any goods, especially housing.

The turbocharged 2.0 - litre V6, called V6 TB, was developed because of Italy's fiscal policy imposing a higher sales taxes on cars powered by engines with a capacity of more than 2.0 - litre.

Not exact matches

As higher costs are passed on to consumers, supporters aim to put a dent in sales, as was the case in Berkeley, where according to public health officials retail purchases of sugar - sweetened beverages dropped nearly 10 % during the first year of that city's soda tax.

Both Washington and Colorado are charging a 25 percent tax on pot sales, with even higher rates in some municipalities.

Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.

The latest figures on tax revenues from the Colorado Department of Revenue hit a new high in the month of August, with recreational sales totaling about $ 34.1 million, compared to $ 29.3 million the previous month.

However, Tennessee has the third - highest sales tax paid, on average, because of its high sales tax rate of 9.46 percent.

«We were particularly encouraged to see fiscal discipline in light of the continued economic uncertainty seen elsewhere in Canada and the world, the establishment of a commission on tax competitiveness to evaluate current taxation instruments like the provincial sales tax, and proposed changes to the property transfer tax to start addressing housing affordability by increasing the exemption threshold and introducing a third tax rate on higher - valued properties.»

Mainstream economists are quick to suggest that there would be no additional burden on consumers since businesses already pass along their sales - tax payments through higher consumer prices.

Performance for class B, C, M, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class B shares).

Goldman Sachs Upgrades Economic Forecast Citing «solid» reports on employment, manufacturing and retail sales, Goldman Sachs says the U.S. has shown notable resilience amid higher taxes.

Performance for class B, C, M, R, T1, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y and T1 shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class B shares).

Even the new Progressive Conservative government of Brian Pallister in Manitoba, elected last year on opposition to a sales tax increase by the previous government, is toying with new taxes, including a carbon tax and higher taxes on insurance products.

Gains on sales of these assets by individuals are currently taxed at a higher rate than other long - term capital gains.

Underreported sales would almost certainly be much higher with a national retail tax for two reasons: (1) enforcing the income tax currently relies on cross-verification between federal and state income taxes, and (2) the effective sales tax rates are currently low.

PepsiCo — which announced rising sales, increased organic revenue and a higher quarterly profit last week — revealed sales in Mexico were down 3 percent, in part due to new taxes on junk food.

Counties had been threatening service cuts and higher property taxes if lawmakers and Cuomo failed to strike a deal on the sales tax extension authorization.

On sales tax extensions, counties will continue to have the ability to set higher sales tax rates.

And as if that's not bad enough, NY then charges sales tax on top of its already too high utility bills.

A business that had no employees, high sales but no profits due to making no margin, would have no «added value», so any VAT that it would incur on its purchases would be offset by the VAT it collects on its sales, leaving no additional tax for the Exchequer.

Unlike de Blasio's plan, the Senate bill does not include a «mansion tax» on the sale of high - end properties.

After holding a public hearing to increase both the income tax on the highest earners and the sales tax on everyone, Democratic leaders abruptly dropped those ideas, although top lawmakers said they may reappear before a final budget is adopted.

Everything is now on the table, from video lotteries to red - light cameras, and possibly even a higher sales tax could be employed to pull Suffolk out of its massive hole.

After a high point earlier this decade when the two governments agreed on a city - friendly sales tax distribution formula, relations between the two governments turned sour.

And let's not forget our electricity rates are already among the highest in the nation and we have the balls to charge sales tax on top.

Activists Thursday said a higher minimum wage would pull families out of poverty, reduce reliance on social services and increase sales taxes.

Several high - level legislators have shrugged off the consequences, noting that counties reliant on sales tax don't put their budgets together until the fall (a measure to extend their power to tax also was not resolved before the end of session) and school doesn't being until September.

We already have sales taxes, property taxes, etc., which amount to large amounts on high dollar items.

New congestion tolling, higher sales and gas taxes, and increased licensing fees are among a list of ideas presented Friday on how to help fund Gov. Dannel P. Malloy's proposed $ 100 billion overhaul of Connecticut's aging transportation infrastructure.

«IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.»

In his own campaign, Carroll has echoed Sanders» call for higher taxes on the wealthy by pushing for a state sales tax on luxury co-ops and condos, with the resulting revenue going to build affordable housing.

Cohen asked the city to do more to help, and called for higher tariffs on clothes produced overseas and a repeal of the sales tax on garments made in the U.S.

Examples of adult alcohol policies include higher alcohol taxes, having fewer outlets licensed to sell alcohol, bans on happy hours, restricted hours of alcohol sales, and laws prohibiting service to intoxicated adults.

The report also calls for significantly higher alcohol taxes and tighter restrictions on alcohol sales.

A temporary tax package passed in 2009 combined a sales tax increase with a surcharge on high - income taxpayers and profitable corporations to raise $ 1.3 billion.

The CFT's progressive approach, which has Gov. Jerry Brown's support, would slightly raise income taxes on the state's highest earners and temporarily increase the sales tax by one - quarter of 1 percent.

Cole graduated from Moore High School in 1967, but he said the sales tax proposal's effect on his alma mater would not influence his public opinion.

DK: U.S. tax laws, particularly in light of the loss of the tax - free exchange as used in some high - dollar classic automobile sales, has had a dampening effect on the top end of the market, cars routinely selling above $ 1 million.

At $ 37,500 before tax incentives, the Chevy Bolt is $ 2,500 higher than the sleek Model 3, but it has these advantages: It's on sale at least a year ahead of the Tesla, and it's built by an automaker that sells a lot of conventional vehicles to offset its cost.

The Irish examples have formed the basis of the Discovery's success and high sales there, as commercials are on a much lower tax band.

However, if you paid sales tax on a motor vehicle at a rate higher than the general sales tax, you can deduct only the amount of the tax that you would have paid at the general sales tax rate on that vehicle.

My billing address is in California, but I travel a lot, so this can be annoying - I am usually paying a tax rate higher than the sales tax in the state where the purchase occurred, which is what sales tax is normally based on.

So, just to confirm, if you don't re-invest your dividends, are you losing out on this potential to minimize your capital gains because the dividends are paid out in cash and then you just get taxed on it at the end of the tax year and when you sell your investment, you potentially will have a larger difference between the sale price and book value (assuming your security increased in value), and thus pay a higher capital gains tax.

Even after imposing a 28 % tax on foreigners who buy and sell British property, the real estate market in England continued to show strong sales, with prices climbing higher and higher each year.

Finally, when timing the sale of your cottage, remember that a large capital gain — say, from the sale of property — during a high income year can significantly increase the amount of tax you pay, overall, depending on your province of residence and your income sources.

The Examples assume: (1) you invest $ 10,000 in the noted class of Units in the noted Investment Portfolio for the time periods indicated; (2) your investment has a 5 % return each year; (3) the Investment Portfolio's operating expenses remain the same (including the operating expenses of the Underlying Fund (s)-RRB-; (4) all Units redeemed, if any as noted, are used to pay Qualified Higher Education Expenses (the table does not consider the impact of any potential state or federal taxes on the redemption); (5) you pay the applicable maximum Initial Sales Charge on Class A Units and any CDSC applicable to Units invested for the applicable periods in Class C Units; and (6) for the Class C Units Example, the Class C Units converted to Class A Units at the end of sixth year and were thereafter subject to the costs associated with Class A Units.

To put it in layman's terms, that means you can pay taxes on the income from the sale of a property at a later date if you take that money and put it towards purchasing another property or portfolio of properties of equal or higher value.

Performance for class B, C, M, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class B shares).

Performance for class B, C, M, R, T, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class B shares).

Even the new Progressive Conservative government of Brian Pallister in Manitoba, elected last year on opposition to a sales tax increase by the previous government, is toying with new taxes, including a carbon tax and higher taxes on insurance products.