Sentences with phrase «in lost tax revenue»

While it's possible that the resulting economic development would make up for those losses, even 50,000 well - paying jobs might not make up for billions in lost tax revenue.
The coverage talks about the billions it will «cost» the government in lost tax revenue.
This is further complicated by the potential extension of the Bush Tax Cuts for the wealthiest 2 % in December that would result in billion dollar handouts to the wealthiest Americans and billions of dollars in lost tax revenues.
«Zero - hours contracts and low - paid self - employment are costing the economy billions every year in lost tax revenues.
They cost the Treasury between $ 1.2 billion and $ 2.1 billion, he estimates, in lost tax revenue last year.
Last summer the Tax Foundation, a think - tank sympathetic to Republican priorities, estimated that a 15 % rate on pass - through income would cost $ 1.5 trn in lost tax revenue over a decade.
CICU's report estimated enrollment losses at more than 100 private colleges and universities statewide would total 54,079 students and result in $ 224 million in lost tax revenues due to job losses at the institutions.
Meanwhile, International Trade Secretary Liam Fox is reportedly preparing to come out against the «customs partnership,» suggesting that it could cost billions in lost tax revenue.
As MoneySense reported last week, the Broadbent Institute report (entitled Double Trouble) authored by Jonathan Rhys Kesselman found that by the time the existing TFSA framework matures in 40 or 50 years, it will cost Ottawa as much as $ 15.5 billion annually in lost tax revenue and over the same time would «cost» the provinces another $ 9 billion.
So far, the media coverage of the report, as well as the Parliamentary Budget Officers's report on TFSAs also released Tuesday, has focused on about the billions it will «cost» the government in lost tax revenue.
This excerpt from The Humane Society of the United States, 2009, «Indiana Taxpayers Pay for Puppy Mills,» adds credence and clarifies the link between taxpayers and P. M. «Indiana is losing millions of dollars in lost tax revenue each year.
The Tuesday report by the Congressional Budget Office, the nonpartisan economic watchdog of the federal government, says that giving businesses with 50 or more full - time or full - time - equivalent employees until 2015 to comply with the Affordable Care Act will cost $ 12 billion in lost tax revenue.
The Organization for Economic Cooperation and Development estimated that these kinds of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year, equivalent to up to 10 per cent of global corporate income tax revenue.
Unite, the UK's biggest union, has welcomed a report - «Destinations of the Defence Pound» - which demonstrates that purchasing defence equipment from overseas suppliers will cost the UK # 1 billion in lost tax revenues.
The Pension Corporation has estimated that the current regulations have cost the government # 37 - billion in lost tax revenues to date, and that without change it could be as much as # 10 - billion a year in future.
In Western New York, private institution enrollment could drop by 2,749 students, resulting in 1,377 job losses and $ 3.8 million in lost tax revenue.
Attorney General Eric Schneiderman and New York City Corporation Counsel Zachary Carter are seeking $ 180 million from Atlanta - based UPS, saying the cheap cigarettes increased smoking by New Yorkers while also costing $ 29.7 million in lost tax revenue.
And this is not just an injustice for the individuals whose life chances have been stolen; it will cost us all in lost tax revenue, extra social security expenditure, and lost economic output and growth for decades to come.
A clear alternative, that does not involve throwing tens of thousands of public sector workers onto the dole — a move that would cost more than ten billion in lost tax revenue and increased state benefit payments.
But finding a way to offset the estimated $ 100 billion to $ 150 billion in lost tax revenue won't be easy.
NCAE President Mark Jewell hammered GOP legislators for those tax cuts Wednesday, urging policymakers to aim for the national average in teacher pay and per - pupil spending, something critics say can't be done with the cuts spurring billions in lost tax revenues each year.
OTTAWA — A new study says the Conservative government's plans to double contribution limits for tax - free savings accounts would cost billions in lost tax revenue and primarily line the pockets of wealthy Canadians.
Lower earnings translate to roughly $ 1.8 billion in lost tax revenue each year, which breaks down to about $ 292,000 per student over the course of their lifetime.
«Indiana is losing millions of dollars in lost tax revenue each year.
That would imply a total loss of $ 13.8 billion (# 9.9 billion) in lost tax revenues.
The current mortgage interest deduction costs the US government over $ 70 billion in lost tax revenue.
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