Sentences with phrase «in lost tax revenues»

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.

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.

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.

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.

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.

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.

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.

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.

But finding a way to offset the estimated $ 100 billion to $ 150 billion in lost tax revenue won't be easy.

A recent UCLA report found that nationwide, suspensions lead to dropouts, costing more than $ 46 billion in lost tax revenue and other social costs.

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.

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.

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.

The coverage talks about the billions it will «cost» the government in lost tax revenue.

«Indiana is losing millions of dollars in lost tax revenue each year.

Not exact matches

You can't make money running a showroom, and as brick and mortar stores close, jobs and tax revenue are getting lost — and even Amazon customers are losing something, in the form of a convenient place to check out products.

Though most states theoretically require consumers to track and pay sales tax on purchases even if the tax isn't collected by the vendor, that rule has gone largely unenforced, leading to billions in lost revenue for cities and states.

Airlines lose $ 586 million, governments are down about $ 150 million in taxes and fees and lost revenue from hotels, parking, taxis, limos and airport purchases are conservatively about $ 90 million.

That increase would help offset the $ 1.4 trillion in revenue that would be lost from cutting the corporate tax rate, another part of both the Senate and House plans.

They found the federal treasury lost at least half a billion dollars in tax revenue that would have been paid had individuals not been able to funnel their personal income through corporations.

«GDXJ has intermittently been in jeopardy of losing its preferential tax treatment (as a regulated investment company) since last September because its portfolio often doesn't comply with the diversification requirements of the U.S. Internal Revenue Code,» noted Scotiabank.

In the short term, states would likely lose some tax revenue by creating a State GRA because contributions would be tax - deductible and State GRAs would likely entice some workers to save earnings that would have otherwise been taxed.

Provoked by a comment by Spady that «any taxes that causes Safeway to lose jobs is a bad one,» Sawant responded with a prepared talking point that Safeway is owned by Albertson's, which has $ 59 billion in annual revenues.

In addition to the aforementioned reasons (to finance governmental spending and make up for lost tax revenue), the Treasury has wanted to hold a more robust cash - balance position as a matter of prudent policy in order to protect against a potential interruption in market accesIn addition to the aforementioned reasons (to finance governmental spending and make up for lost tax revenue), the Treasury has wanted to hold a more robust cash - balance position as a matter of prudent policy in order to protect against a potential interruption in market accesin order to protect against a potential interruption in market accesin market access.

The front page of Fridayâ $ ™ s National Post reported, «The Conservatives will encourage the five provinces that do not have harmonized sales taxes — Ontario, British Columbia, Saskatchewan, P.E.I. and Manitoba — to take part by setting up a $ 5 - billion trust fund that would compensate them for lost revenue over the phase - in period.»

«We certainly applaud government's efforts on easing the burden of high housing costs and increasing access to child care, but in introducing a payroll tax to offset lost MSP premium revenues this Budget delivers another meaningful blow to small to medium employers, especially in the service and technology sectors,» adds Black.

In our Open Letter to the Minister, we advocated that EI premiums be eliminated and the lost revenues be replaced by increases in the Goods and Services Tax and Corporate Income Tax rateIn our Open Letter to the Minister, we advocated that EI premiums be eliminated and the lost revenues be replaced by increases in the Goods and Services Tax and Corporate Income Tax ratein the Goods and Services Tax and Corporate Income Tax rates.

The city of San Francisco will lose $ 58 million in tax revenue over the next decade if it passes a controversial measure to limit Airbnb listings to 75 days, according to an Airbnb study.

a billion or two in foregone personal income tax (to say nothing of lost non-resident withholding tax income and lower revenue on the collapse of RRSPs / RRIFs).

Additional stabilization from unemployment insurance, although smaller in total magnitude than that from the tax system, is estimated to be eight times as effective per dollar of lost revenue because more of the money is spent rather than saved.

Foreclosures lead to decreased home values in neighborhoods, lost property tax revenues, and increased costs to local government.

In the end, states have not collected any additional sales tax revenue, and actually lost income tax revenue from the impacted affiliate marketers.

Simon Kirkland, Christian Aid UK parliamentary and political adviser, said: «Tax havens cost the UK economy billions of pounds in lost revenue each year.

In an era where marginal tax rates are already much lower than in the 1970s and with looming deficits, the promise that growth effects will make up for the lost revenue will only fool those who want to be fooled — and 2012 proved that they are not numerous enougIn an era where marginal tax rates are already much lower than in the 1970s and with looming deficits, the promise that growth effects will make up for the lost revenue will only fool those who want to be fooled — and 2012 proved that they are not numerous enougin the 1970s and with looming deficits, the promise that growth effects will make up for the lost revenue will only fool those who want to be fooled — and 2012 proved that they are not numerous enough.

We know that while consumers are strongly attracted to «free TV,» they also spend an enormous sum supporting it, through the purchase of their TV sets, the cost of electricity, and the add - on costs to every item they purchase which is advertised, not to mention the lost revenue in tax - deductible billions spent by advertisers.

On another occasion when after a revival in Wales the clergy resolved to put away their concubines, the bishop actually forbade them because he would lose the revenue derived from the tax on such infractions of the canon law.64 The abolition of clerical concubinage was a major item on the docket alike of the Protestant and the Catholic reformers of the sixteenth century.

Counterfeit Wine and Spirits «Cost EU Economy $ 3 Billion a Year» The counterfeiting of alcoholic drinks costs the European Union's member states an estimated $ 1.2 billion in lost revenue and taxes, according to a new report published by the European Union Intellectual Property Office...

This resulted in an employment decline of almost 1,200 workers, with $ 80 million in lost gross domestic product and a $ 4.5 million loss in local tax revenue.»

In return for de-annexing the Orland Park properties, the Mokena Park District is to receive $ 600,000 in payments over the next four years from Orland Park to help offset some of the property tax revenue the Park District will losIn return for de-annexing the Orland Park properties, the Mokena Park District is to receive $ 600,000 in payments over the next four years from Orland Park to help offset some of the property tax revenue the Park District will losin payments over the next four years from Orland Park to help offset some of the property tax revenue the Park District will lose.

In 2010, teen pregnancy and childbirth accounted for at least $ 9.4 billion in costs to U.S. taxpayers for increased health care and foster care, increased incarceration rates among children of teen parents, and lost tax revenue because of lower educational attainment and income among teen motherIn 2010, teen pregnancy and childbirth accounted for at least $ 9.4 billion in costs to U.S. taxpayers for increased health care and foster care, increased incarceration rates among children of teen parents, and lost tax revenue because of lower educational attainment and income among teen motherin costs to U.S. taxpayers for increased health care and foster care, increased incarceration rates among children of teen parents, and lost tax revenue because of lower educational attainment and income among teen mothers.

At the same time, American Racing and Entertainment Chairman Jeff Gural in a statement on Thursday called on the state to give the racetrack a tax break in order to shore up its finances due to the lost revenue.

I can not be alone in thinking that it would be more beneficial for the government to be spending their scarce pennies on recovering lost VAT and creating an education programme to make it easier for individuals - and businesses - to fill in their tax forms correctly, when a massive two - thirds (65.9 %) of the lost revenue comes from these areas.

HM Revenue and Customs lost up to # 1.74 billion of taxpayers» money in tax credit fraud, error and overpayments, according to official figures published yesterday.

New York faces a budget deficit of $ 4 billion to $ 8.6 billion and that is before taking into account billions more in revenue that will be lost due the recent federal tax reform package.

«If we did lose this revenue, because we'd still be required to provide the programming, we'd have to either cut from elsewhere in county government or raise taxes,» Poloncarz said.

Mettler shows how Republican politicians, along with increasing numbers of Democratic accomplices, have expanded the submerged state because it gives the appearance of privatisation and governmental spending restraint, when in reality it represents vast outlays by government in subsidy payments and lost tax revenues.

Gambling companies have argued for years that New York loses billions of dollars a year to casinos in Connecticut and New Jersey, costing the state jobs and tax revenue.

The challenge to Cuomo came from Catherine Nolan, Rory Lancman and Barbara Clark, all of Queens, who argued that vital health - care and education spending would be lost if the $ 4 billion - plus in annual revenues produced by the «millionaire's tax» is allowed to expire at the end of the year.

But, county officials say they need the one percent sales tax exemption ASAP or the county will lose about $ 5 million in revenue.