Sentences with phrase «higher sales tax rates»

Requests by Erie and many other counties to continue their «temporary» higher sales tax rates were somehow tied in with an issue involving New York City's schools.

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

The state has one of the highest sales tax rates in the country at 7 %.

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

Giambra's proposed «green budget» cut less in exchange for a higher sales tax rate.

Although New York's base sales tax rate appears reasonable at 4 percent, the regional adjustments bring it in line with some of the highest sales tax rates in the country.

Not exact matches

Pfizer posted slightly higher sales and a 14 percent jump in profit in the first quarter, thanks to lower restructuring costs and a much - lower tax rate, but its revenue still missed Wall Street expectations.

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

Non-GAAP EPS increased 10 percent to $ 3.47 driven by higher product sales, a lower tax rate and lower weighted - average shares outstanding.

GAAP earnings per share (EPS) increased 16 percent to $ 3.25 driven by higher product sales, a lower tax rate and lower weighted - average shares outstanding.

Kansas has the eighth - highest sales tax paid because of its 8.68 percent tax rate.

«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.»

Gross margin of 61.9 percent came in ahead of the 59.7 percent the analyst expected due to a favorable mix of higher - margin datacenter segment sales, while a lower - than - expected tax rate also helped the company report an earnings beat.

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

With the sale of my SF rental house and the sale of my private gin investment to Campari in 2017, I tried to keep my income as low as possible since the sales shoved me into a higher marginal tax rate before expenses.

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.

Business owners and managers can now create tax profiles with itemized tax information and multiple tax rates, multiple tax exemptions, and have taxes included in item price, all features that were previously only found in high end legacy point of sale systems.

According to the Tax Foundation, New York ranked high in the corporate tax category — seventh best in the nation — but was dragged down by bad ratings in the income, sales and property tax categories, scoring among the 10 worst states in each of those categoriTax Foundation, New York ranked high in the corporate tax category — seventh best in the nation — but was dragged down by bad ratings in the income, sales and property tax categories, scoring among the 10 worst states in each of those categoritax category — seventh best in the nation — but was dragged down by bad ratings in the income, sales and property tax categories, scoring among the 10 worst states in each of those categoritax categories, scoring among the 10 worst states in each of those categories.

The income and sales - tax bonds that are being sold Tuesday are rated AAA by S&P and Fitch and Aa1, the second - highest grade, by Moody's.

To clarify, change a sentence to: Local «GNP» could be the same (or worse) between the two time periods; it's just that the county is yanking sales tax dollars out of people's pockets at a higher RATE, when they DO buy something.

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.

He said there are many members of his party who would like to see it gone because they believe it disproportionately benefits states with higher property and sales tax rates, like New York.

With the passage of Prop. 30, California now has the highest sales tax and top marginal income tax rate in the country.

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.

Long - term gains realized from your sale of fund shares, as well as those distributed by your fund, are taxed at a reduced capital gains tax rate while short - term gains and ordinary income dividends could be taxed at a higher tax rate.

According to Gordon, another way of taxing speculation is to tax real estate sales when the seller has only owned the property for a short amount of time, with the highest rates for those who've owned the home less than six months.

New York's rates for both sales and income tax tend to be higher than those in North Carolina, especially after the sales tax is adjusted for the city in which it is being charged.

Class A shares with sales charges performance reflects the maximum 5.5 % sales charge, with the following exceptions: Class A shares of Hartford Emerging Markets Local Debt, Hartford High Yield, Hartford Inflation Plus, Hartford Municipal Opportunities, Hartford Municipal Real Return, Hartford Strategic Income, Hartford Total Return Bond, Hartford World Bond, Hartford Schroders Emerging Markets Debt and Currency, Hartford Schroders Tax - Aware Bond, Hartford Schroders Emerging Markets Multi-Sector Bond and Hartford Schroders Global Strategic Bond reflect a maximum 4.5 % sales charge; Class A shares of Hartford Floating Rate and Hartford Floating Rate High Income reflect a maximum 3.0 % sales charge; Class A shares of Hartford Short Duration reflect a maximum 2.0 % sales charge.

Short - term gains — those resulting from the sale of assets held for one year or less — are taxed as ordinary income at your highest marginal income tax rate.

No sales charge applies to Class A and Investor Class share investments of $ 1,000,000 or more ($ 250,000 or more with respect to MainStay California Tax Free Opportunities Fund, MainStay High Yield Municipal Bond Fund, MainStay New York Tax Free Opportunities Fund, MainStay Tax Advantaged Short Term Bond Fund, and MainStay Tax Free Bond Fund; or $ 500,000 or more with respect to MainStay Floating Rate Fund and MainStay Short Duration High Yield Fund).

It is better, from a tax perspective, to get a higher sales price for your home and charge the buyer a lower interest rate.

Higher prices were supported by a nearly 20 per cent drop in inventory levels over the previous year and by buyers looking to finalize sales prior to interest rate and tax hikes.

Year Opened: 2007 Guest Rooms: 230 Room Types: 110 Deluxe Studio Suites / 78 One Bedroom Suites / 42 Two Bedroom Suites Room Rates: High - $ 529 / Low — $ 179 Room Tax: 14.75 % Sales Tax: 8.0 % Civic Fee: 0.75 %

US tax authorities have made use of less traditional intermediaries to track online sales, notably to recover sales taxes imposed at a higher rate in the buyer's state than in the seller's — as is often the case for alcohol and tobacco.

Bid Performance - Bond's - Business License - Commercial Auto - Commercial Auto & Truck - Contractors License - Dmv & Notary - Fleet - Full Service Agency - General Liability - High Value Dwellings - Landlords Policies - Package Discounts - Phone Quotes - Preferred Rates - Prior Insurance Discounts - Sales Tax - Surety Bonds - Umbrellas - Workers» Compensation - Workman's Compensation - Youthful Operators

In November, NAR's Board of Directors asked us to do four things: Push for loan limit increases for high - cost areas to be extended beyond 2008; make the $ 7,500 tax credit a true credit and not a loan; find ways to push interest rates down by 200 basis points; and help provide solutions to the foreclosure / short sale problem.

A stock sale is considered a personal transaction subject to a 20 percent personal capital gains tax, whereas the sale of assets would be attributed to the corporation and would be taxed at the corporate rate, which is often higher.

The change to the mortgage interest deduction is also likely to slow home construction and sales, which could suppress home values and property tax values in higher - price markets, according to the credit rating company.

But high transfer tax rates, the prevalence of indirect property sales and rising property values have increased the significance and complexity of transfer taxes in property transactions.

The negatives: (1) higher income tax rates for high income households reduces household disposable income which is likely to constrain sales of high - end homes; and (2) the capital gains rate on high income households increases from 15 % to 20 % which could also constrain high end home sales.

The National Association of REALTORS ® reported that sales of luxury homes spiked in the final months of 2012 as high - end homeowners rushed to take advantage of lower tax rates before January 1.

California has some of the highest taxes in the U.S. with a base sales tax rate of 7.5 % and a top marginal income tax rate of 13.3 %.