Sentences with phrase «impact on a taxpayers»

This year's budget may contain the further elimination of a variety of tax credits that are costly, narrowly - targeted, and don't have a meaningful impact on the taxpayers for whom they were designed.
The full impact on taxpayers would depend on how Albany finances the takeover.
The new federal tax law that caps state and local tax deductions at $ 10,000 sent officials in high - tax states like New Jersey scrambling to blunt the potential impact on taxpayers.
A spokesman for Adams said it was too soon to say how much taxpayers would save, but the BP's office is working with local groups and government staffers to begin studying the impact on taxpayers, as well as the impact on the environment and on municipal transportation.
The net impact on taxpayers, then, is 1) the savings that come from the difference between the voucher and the per - pupil revenue at district schools, for those who would have attended them in the absence of the voucher program, minus 2) the voucher costs for students who would have attended private schools anyway.
The diversion of voucher funds from the district to the voucher school would leave per - pupil revenues unchanged and would also have no net impact on taxpayers.
As a benchmark case, consider a hypothetical voucher program that has no net impact on taxpayers or on per - pupil district revenues.
MPCP's impact on taxpayers can be readily calculated from the gap between the voucher and per - pupil MPS revenues, under any given assumption regarding the percentage of voucher users who would have otherwise attended private school.
They knowingly misstate the program's impact on taxpayers.
Vallas» inappropriate use of a «no bid,» sole - source contract to purchase the Easy IEP software is now having a real and negative impact on taxpayers in Connecticut and Bridgeport.
But what you don't know is that the increase can actually have a negative impact on taxpayers according to Forbes.
This year's budget may contain the further elimination of a variety of tax credits that are costly, narrowly - targeted, and don't have a meaningful impact on the taxpayers for whom they were designed.
The IRS emphasized that the delayed start will have no impact on taxpayers claiming other education - related tax benefits, such as the tuition and fees deduction and the student loan interest deduction.
What simply amazes me (TonyB seems to agree) is that U.K. and other jurisdictions have enacted laws to mandate greenhouse gas reductions with HUGE impact on the taxpayers» lives without any evidence that they have even thought about the effectiveness of their programs in actually reducing global warming.
In particular, we are interested in any practical issues that may impact on taxpayers» abilities to calculate and substantial any capital gains and losses for capital gains tax (CGT) purposes.»
Essentially, the official announcement states, «In particular, we are interested in any practical issues that may impact on taxpayers» abilities to calculate and substantial any capital gains and losses for capital gains tax (CGT) purposes.»

Not exact matches

, explains how limitations on state and local tax deductions will impact taxpayers.
An analysis of how taxpayers would be impacted by the bill from the nonpartisan Tax Policy Center issued on Monday was later withdrawn due to an error.
«It would raise more revenue and have a smaller impact on the economy if Clinton instead limited itemized deductions for high - income taxpayers,» Pomerleau said.
Some reduce credits and thus have the same impact on all affected taxpayers.
Others reduce deductions, in which case their quantitative impact depends on the taxpayer's marginal tax rate: the higher the tax rate, the greater the value of the lost deduction.
[This article explores the impacts of the new tax reform law on individual taxpayers.
Whatever the impact these subsidies have on Tesla, there is no good reason for taxpayers to continue subsidizing electric cars made by it, or any other car company.
Sen. L. Scott Frantz, the ranking Republican on the legislature's finance, revenue and bonding committee, said the disproportionate impact on state revenue by one group of taxpayers — in this case, the super-rich — is «pretty frightening when you think of it.»
Brady told Hewitt on Tuesday that he was not inclined to change the mortgage interest provision — which would cap the amount of interest a taxpayer could deduct for a primary residence and eliminate it entirely for a second home — and played down the potential economic impact of the change.
However, the impact of those rates will vary greatly depending on a taxpayer's income level, home value and spending habits.
The IRS, of all groups, has come out on the side of taxpayers, writing in 2015 that «the IRS's approach to FATCA implementation has created significant compliance burdens and risk exposures to a variety of impacted parties.»
Taxpayers can rely on the District to continue this practice, including information it has provided regarding the referendum impacts.
But the proposal to eliminate state and local deductions could have a wide - ranging impact on New York, especially to taxpayers who deduct property taxes in New York, home to the highest levies in the nation.
Many proposals to «fix corruption» focus on creating a taxpayer - funded campaign finance system, similar to New York City's, and do not address changes necessary for true reform and parity amongst all parties impacted by elections.
By assuming over half of the chargeback burden, we are shining a light on the inequities contained in the system and softening the impact on county taxpayers,» Poloncarz said.
Lowey, the senior Democrat on the House Appropriations Committee, says the FEMA aid will help ease the financial burden of the county and limit the impact to taxpayers.
The City Council assigned its chief budget analyst to study the impact of Donald Trump's policies on New York City, on taxpayer time — but the far - left body ignored how...
By assuming over half of the chargeback burden, we are shining a light on the inequities contained in the system and softening the impact on county taxpayers,» says Poloncarz.
«This hearing will be a great opportunity for taxpayers, municipalities, non-profits and businesses to address Rockland's state representatives on how the Executive Budget impacts them.»
However, I think it's important for us to take an objective look at this program's potential impact on the community, its taxpayers and those it targets before jumping on the «Let's get tough with sex offenders» bandwagon.
Jim Gaughran, the Democratic opponent of Republican Sen. Carl Marcellino on Thursday is set to release an ethics reform package aimed at campaign finance reform and recalling elected officials whose actions impact taxpayers.
John Kaehny, executive director of Reinvent Albany, a nonprofit that focuses on government transparency, said Cuomo should produce an economic impact study for the lighting project, to allow taxpayers to determine whether the plan produces a worthwhile «return on investment.»
The biggest impact the Lib Dems managed to have on politics this week came on Thursday, when Foreign Office minister Jeremy Browne hit out in Question Time against the # 1 million bonus awarded to taxpayer - owned bank RBS» chief executive Stephen Hester.
«Her misunderstanding of unfunded mandates and the impact they have on our taxpayers raises serious concerns.
We look forward to continuing to work with him on issues that impact Buffalo Niagara businesses and taxpayers
In an memo e-mailed to county Sheriff Adrian Anderson on Friday and obtained by Mid-HudsonNews Network, Steinhaus wrote: «I want to reaffirm that county property taxpayers are not to incur any expense for the assignment of county employees to this private event or to address the collateral impacts to traffic or related localities.»
Eligible counties must be included in Federal disaster declarations · An additional $ 20 million included in federal disaster declarations distributed on an as needed basis · Permitting local government to let taxpayers impacted by the storms to pay their property taxes in installments
Oneida County Executive Anthony J. Picente, Jr., today voiced deep concerns over the proposed New York State Budget's impact on Oneida County taxpayers and on vital programs that serve county residents.
In high - tax states, officials have been focused on protecting taxpayers from the impact of a new $ 10,000 cap on deductions for paying state and local taxes.
Both the Senate and Cuomo have proposed decoupling the state tax code from the federal law in order to soften the impact of the federal tax changes on New York taxpayers.
It's expected to have a major impact on individual taxpayers in 2018.
«The complete removal of the deduction for state income taxes and the limitation on deductions for local property taxes will impact New York families more severely than taxpayers in other states,» Faso said.
County executives in New York are urging federal lawmakers to not end the deduction of state and local taxes and the federal tax exemption for municipal bonds, arguing in a statement Thursday that both measures would have a negative impact on local taxpayers.
In the newly created role, Hammond will focus on the impact of Albany and Washington health care decisions on patients, providers, taxpayers, and the economy.
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