Sentences with phrase «in federal tax policy»

But the expected changes in federal tax policy could create pressure for scrapping the cap, at least temporarily, Deutsch maintained.

Commissioner Eagan echoed the governor's sentiment that changes in federal tax policy, namely the elimination of the State and Local Tax deduction, will harm the middle class.

Not exact matches

Federal Finance Minister Jim Flaherty first commissioned his own study, authored by University of Calgary tax - policy expert Jack Mintz, then in March initiated a public consultation process, by which time talk of a government - run supplemental pension plan, whether regional or national, began to fade.

The Institute on Taxation and Economic Policy estimates that the richest 5 % of Americans will receive more than half of the benefits of the new federal tax law in 2019, and the richest 1 % of Americans will receive more than a quarter of the benefits.

Today we will look back at what economists thought the federal budget and tax policy would be in 2001 and thereafter.

Powell said individual Fed members will be crafting new projections at the central bank's meeting in March, which would be influenced by federal government's ambitious fiscal policies including tax cuts.

As I have explained elsewhere, many of the policies put in place by the Federal government since the election of President Obama in 2008 — banking reform, business regulation, tax policies, and the Affordable Care Act to name a few — have made entrepreneurship more difficult to undertake.

While the standard deduction on federal tax returns was nearly doubled to $ 12,000 for individuals, the average SALT deduction on federal returns for New Yorkers in 2015 was $ 22,000, according to the Tax Policy Centtax returns was nearly doubled to $ 12,000 for individuals, the average SALT deduction on federal returns for New Yorkers in 2015 was $ 22,000, according to the Tax Policy CentTax Policy Center.

Spring time tends to be the busiest for home buyers and sellers in Metro Vancouver, said Oudil, adding the board will wait to see how they react to taxes and other policy measures the B.C. provincial and federal governments introduced so far in 2018.

Republican leaders have significant differences on what the party's policy agenda will entail for 2018 after securing a major legislative victory in overhauling the federal tax code with a law that included a blow to the Affordable Care Act.

He has been pointed over the past several quarters to the fiscal side and pointing to Washington as opposed to the Federal Reserve in terms of what they can do going forward with tax reform with some type of stimulative fiscal policies that propel the real economy forward as opposed to monetary policy.

Individuals in other arrangements, such as civil unions, registered domestic partnerships, or other similar arrangements, that aren't recognized as a valid marriage under relevant state law won't be treated as married or as spouses as defined in this policy for federal tax purposes.

VICTORIA — Dan Woynillowicz, policy director at Clean Energy Canada, made the following statement in response to the federal government's 2018 budget: «Today's budget announced support for implementing key pieces of the government's climate change and clean growth plan, including putting a price on carbon pollution and extending tax support for clean energy.

Dairy cows at a family farm in Chilliwack, B.C. Sylvain Charlebois, a noted academic on food policy issues, says the federal government's proposed tax reforms will hurt family farms.

Fiscal policy: The way in which the federal government can affect the economy through tax and spending policies.

Some of the worst examples of failed agriculture investments were in managed investment schemes (MIS), which were tax - driven vehicles created in direct response to a federal government policy to promote investment in rural areas.

However, individuals in other arrangements, such as civil unions, registered domestic partnerships, or other similar arrangements, that are not recognized as marriage under the relevant state law, will not be treated as married or as spouses as defined in this policy for federal tax purposes.

In no particular order these included: a dysfunctional bankruptcy framework; an immature domestic capital market; withholding taxes on foreign capital; corruption (particularly at the state level — the Modi government has made progress at the federal level); policy and renegotiation risks (a number of legacy and high profile tax eases are yet to be resolved); land acquisition costs (and legal risks); and, the need for tax reforms.

Regardless of the approach taken, I agree with Blackman and Stark in that the ability of a state to capture federal tax dollars via creative state tax credit initiatives is almost certainly bad tax policy when viewed from the national perspective.

Even in a world where short - term interest rates will continue to rise as the Federal Reserve raises policy interest rates (most likely 2 — 3 times next year) and where long - term rates should rise slowly as the Fed lets its balance sheet shrink, tax - free yields should either stay the same or move down as the municipal bond world confronts a market with much less issuance.

Under federal tax law, section 501 (c)(3) organizations may take positions on public policy issues, including issues that divide candidates in an election for public office.

Woolf, who is running for the seat in the North Country's 21st district, hosted the call with current incumbent Rep. Bill Owens to attack the Republican candidate, Elise Stefanik, for her views on tax policy and increasing the federal minimum wage.

New York is short $ 4.4 billion, and there's uncertainty over federal policies, including the overhaul of the tax code, that could leave the state with even a bigger budget hole in the future.

New York could be facing its first major shortfall in several years, partly due to falling tax collections and federal health care and other policy changes.

In his most recent State of the State address, he listed several priorities, including reforming the criminal justice system, holding pharmaceutical distributors responsible for their role in the opioid crisis and fighting the federal government on its tax plan and policies on immigration, abortion, the environment and health carIn his most recent State of the State address, he listed several priorities, including reforming the criminal justice system, holding pharmaceutical distributors responsible for their role in the opioid crisis and fighting the federal government on its tax plan and policies on immigration, abortion, the environment and health carin the opioid crisis and fighting the federal government on its tax plan and policies on immigration, abortion, the environment and health care.

ALBANY — Gov. Andrew Cuomo said he would sue the federal government over the just - passed tax bill, proposed major changes to the state's criminal justice system and introduced a suite of policies to combat sexual harassment in his annual State of the State address on Wednesday.

Suffolk County Executive Steve Bellone announced an online petition yesterday that is intended to galvanize opposition to the federal tax - policy legislation that he said would result in significantly higher taxes for Long Island residents and businesses.

A shutdown of the federal government is preferable to Congress passing bad policy like the tax overhaul legislation, Gov. Andrew Cuomo on Monday told reporters in a conference call.

In 1995, the state board explained its ruling by citing the Federal Election Commission's treatment of LLCs — but the FEC changed its policy in 1999, ruling that LLCs should be treated as either corporations or partnerships (depending on their self - identified tax statusIn 1995, the state board explained its ruling by citing the Federal Election Commission's treatment of LLCs — but the FEC changed its policy in 1999, ruling that LLCs should be treated as either corporations or partnerships (depending on their self - identified tax statusin 1999, ruling that LLCs should be treated as either corporations or partnerships (depending on their self - identified tax status).

The policy dates back to the federal Revenue Act of 1862, the country's first income tax, later confirmed with the ratification of the 16th Amendment to the Constitution in 1913, Cuomo said.

The advocates — whose job is to always say it's not enough — don't recognize the state must to be mindful of spending in a year when federal tax policy and federal healthcare cuts, among other things must be accounted for because revenue is tight.

Cuomo's idea to shift some state and local tax payments owed by individuals to a payroll tax paid by employers so many New Yorkers don't lose thousands of dollars under a new federal tax law is supported in concept by many tax policy experts.

The agreement, coming after several days of negotiations with little noticeable progress, was a measured victory for Mr. Cuomo, a Democrat, who is rumored to have presidential aspirations, and who made his scorn for President Trump's policies — particularly the federal tax plan — a centerpiece of his State of the State and budget addresses in January and in speeches ever since.

Under the IDA's new policy, companies receiving tax breaks beginning in September must certify that they are complying with all federal and state equal pay laws and that they have not been found to have violated those laws within the past five years.

We need see emerging details in all parts of this budget, including tax policy as we deal with the effect the federal tax bill will have on communities all across New York.

And, in the U.S., the federal government has almost no control over state tax policy (even less than the E.U. does over its member states).

The controversy has roiled Senate Democrats as lawmakers started work on the 2018 legislative session, one that will feature battles over state spending and policies in the wake of the federal tax overhaul that's expected to adversely impact New York.

ALBANY — Gov. Andrew M. Cuomo's idea to shift some state and local tax payments owed by individuals to a payroll tax paid by employers so many New Yorkers don't lose thousands of dollars under a new federal tax law is supported in concept by many tax policy experts.

Elise Stefanik: At the national level, I think that what we're seeing is President Obama's failed economic policies, an overreach at the federal level in terms of regulations, higher taxes.

In my judgment, that kind of leadership will require a comprehensive and sustained effort from both our public and private sectors — including a robust investment in education (especially the STEM fields), a federal commitment to research and development, a renewed emphasis on next generation manufacturing, translating federally funded breakthroughs to commercial applications in the private sector, an immigration policy that enables us to recruit and retain the best and brightest scientists from around the world, and appropriate tax, regulatory, and legal policIn my judgment, that kind of leadership will require a comprehensive and sustained effort from both our public and private sectors — including a robust investment in education (especially the STEM fields), a federal commitment to research and development, a renewed emphasis on next generation manufacturing, translating federally funded breakthroughs to commercial applications in the private sector, an immigration policy that enables us to recruit and retain the best and brightest scientists from around the world, and appropriate tax, regulatory, and legal policin education (especially the STEM fields), a federal commitment to research and development, a renewed emphasis on next generation manufacturing, translating federally funded breakthroughs to commercial applications in the private sector, an immigration policy that enables us to recruit and retain the best and brightest scientists from around the world, and appropriate tax, regulatory, and legal policin the private sector, an immigration policy that enables us to recruit and retain the best and brightest scientists from around the world, and appropriate tax, regulatory, and legal policy.

He determined that only policies that considerably raise top federal income tax rates and that redistribute tax revenue to lower - income households are likely to bring large reductions in the total number of Americans that die annually.

The model produces different jobs and growth projections for a business - as - usual scenario with no technology breakthroughs or major new policies, and then generates different outcomes by factoring in new policies such as a national clean energy standards such as proposed by President Obama; increases in corporate average fuel economy standards; tougher environmental controls on coal - fired power generators; extended investment and production tax credits for clean energy sources and an expanded federal energy loan guarantee program.

For example, the researchers found many instances where the comprehensive plans included tax incentive policies to stimulate economic development in hazardous areas even though the local hazard mitigation plans identified the same areas as experiencing severe repetitive losses from hazard events and qualifying for federal funds for buyouts.

[Box 26] AAAS and Congress, lobbying, 1959 - 1987 Congress, 1986 Arctic, 1981 Legislative Branch, 1981 - 1984 Executive Branch, pre-1985 OMB Circular, 1983 Science Policy: A Working Glossary, 1978 Science Policy Task Force Congressional Research Service, 1986 Environmental Protection Agency House Committee on Science and Technology, 1986 Office of Management and Budget Office of Science and Technology Policy, 1982 Office of Technology Assessment, 1980 Senate State Department (2 Folders) AAAS Science, Engineering, and Diplomacy Fellows, Lunch and Orientation, 1983 Tax Bills, 1981 Edwards vs Aguilard, Louisiana Creationist Suit, 1986 Edwards vs Aguilard, NAS amicus brief Edwards vs Aguilard, People for the American Way amicus brief Edwards vs Aguilard, Supreme Court arguments Hutchinson vs. Proxmire, amicus brief, 1978 Southeastern College vs. Frances Davis, amicus brief, 1979 State Department, 1976 - 1984 Human Subjects Research, 1979 Controversy over Inhaber Article in Science, 1979 Three Mile Island, 1979 Federal appropriations, universities and pork barrel projects

Such models can also better inform the scoring of tax changes, as well as other models of policy, such as those used by the Federal Reserve to characterize how households respond to movements in interest rates.

State treasuries are unaffected by the difference in taxpayers» federal tax liabilities, and state policymakers have no control over federal tax policy.

This adverse effect is especially pronounced in five areas: oversight of federal education law; enforcement of federal guarantees of educational equity; budget and tax policy; the rescinding of the Deferred Action for Childhood Arrivals (DACA) policy; and Trump's embrace of bigoted rhetoric and action that challenges the identities of students who are racial, ethnic, or religious minorities.

In the short run, increasing federal spending and / or reducing taxes can promote more employment and output, but these policies also put upward pressure on the price level and interest rates.

Obscure laws can have a very big impact on social policy, including obscure changes in the United States federal tax code.

Moreover, as the sector has grown in size and policy influence, advocates have advanced laws at both the federal and state levels that limit many charter schools» accountability, transparency, and responsiveness to the communities they serve, notwithstanding their receipt of a growing share of tax dollars.