Sentences with phrase «in new state revenue»

The original plan combined tax changes aimed at generating almost $ 500 million in new state revenue with school reforms in such areas as teacher tenure.
Almost $ 1 billion in new state revenues.

Not exact matches

A new report says state tax revenues increased in the final three months of last year as the improving economy boosted income and sales taxes receipts.
The study sates, «Anywhere from 125 to 250 companies per year (out of roughly 552,000 new employer firms) are founded in the United States that reach $ 100 million in revenues
Similarly, the National Federation of Independent Business, in a study released in December, claims a proposed wage increase in New York to $ 8.50 from $ 7.25 with an index to inflation would cost the state 22,000 jobs and $ 2.5 billion in revenue.
It's also unclear whether the new law will hurt tax revenues in high - tax states, in ways that might paradoxically push them to raise taxes even more.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
Lundbeck hopes the new antidepressant - vortioxetine - will provide a new source of revenue as its key anti-depressant, Cipralex, sold as Lexapro in the United States and Japan, comes off patent protection.
A prolonged downturn in oil and natural gas markets continued to ripple through New Mexico's economy over the summer and into the fall, undermining state tax revenues.
FILE - In this Aug. 24, 2016, file photo, New Mexico Finance and Administration Secretary Duffy Rodriguez, from left, Taxation and Revenue Secretary Demesia Padilla and Legislative Finance Committee Director David Abbey give testimony to lawmakers about state budget shortfalls in Red River, N.M. New Mexico's grinding budget crisis is taking a visible toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cutIn this Aug. 24, 2016, file photo, New Mexico Finance and Administration Secretary Duffy Rodriguez, from left, Taxation and Revenue Secretary Demesia Padilla and Legislative Finance Committee Director David Abbey give testimony to lawmakers about state budget shortfalls in Red River, N.M. New Mexico's grinding budget crisis is taking a visible toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cutin Red River, N.M. New Mexico's grinding budget crisis is taking a visible toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cutin courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cuts.
«We proudly carry more passengers to and from California airports than any other airline and continue to invest in the Golden State by adding new short, medium, and long - haul service this year from all nine of our California airports,» Andrew Watterson, Southwest Airlines senior vice president of network and revenue management, said in a statement.
NEW YORK, N.Y. — Imax Corp. (TSX: IMX) has expanded its revenue - sharing agreement with AMC Entertainment Inc., resulting in the addition of between eight and 18 Imax theatres in the United States.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
Most of the wireless industry is looking for new markets, as the number of cell phones now far exceeds the number of people in the United States and revenue growth is hard to find.
Rockefeller expects state and local tax revenues to fluctuate over the coming quarters as a result of the tax bill, as high - income taxpayers look for new loopholes in the law and adjust their behavior accordingly.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 20New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 20new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
Those savings would be partially offset by other changes in coverage provisions — spending for a new Patient and State Stability Fund, designed to reduce premiums, and a reduction in revenues from repealing penalties on employers who do not offer insurance and on people who do not purchase insurance.
The Rockefeller Institute of Government, which released a new state revenue report on Monday, said that «The Tax Cuts and Jobs Act (TCJA), enacted in late December 2017, created strong incentives for some high - income taxpayers to act fast and prepay their state and local income and property taxes to take advantage of the expiring tax breaks, namely the state and local tax (SALT) deduction, which is capped at $ 10,000 per year as of January 1, 2018.»
Additionally, some high - tax states are exploring ways to reduce the impact of the new tax rules, and the success or failure of those measures could affect revenues in ways that are hard to predict.
«State and local tax revenues will likely continue to fluctuate in the coming quarters as various entities, including states, high - income taxpayers, pass - through entities, corporations, and tax professionals are examining the new rules of the game, exploring loopholes, and looking into ways to minimize tax liability in light of the new provisions of the TCJA,» Daydan wrote.
Puzzo, who oversees northern New Jersey and three counties in New York state, increased the revenue of his area by 87 percent and provided consistent leadership in the franchise system and area developer group.
It explains how New Jersey sees Bitcoin as a stream of revenue for the state's coffer, as each party «gives something of value to the other in order to receive something of value in return,» according to the memorandum.
Some $ 24 million in cuts are due to a new 2 percent handling fee the state is charging local governments for managing sales tax revenue, a part of the transit agencies» funding, according to the Tribune.
«Though Congressional Republicans say they hate drugs,» he says, «if they take away revenue from people in California and New Jersey, these states have to make up the revenue somehow and they aren't going to raise taxes, so I do think cannabis will [be legalized] a lot faster than otherwise.»
The second - largest oil producer in the block is in need of new revenues as it fights the costly war against the Islamic State and recaptures the terrorist group's oil assets.
Finally, State of Alaska Department of Revenue purchased a new position in shares of Crane during the fourth quarter worth about $ 267,000.
In 2008, the company finished building a state - of - the - art facility in Urabá that would produce a new revenue stream while giving the growers a way to increase their incomIn 2008, the company finished building a state - of - the - art facility in Urabá that would produce a new revenue stream while giving the growers a way to increase their incomin Urabá that would produce a new revenue stream while giving the growers a way to increase their income.
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 would have brought tons of new revenue to a state badly in need of an economic shot in the arm, not just for Monmouth Park but for area restaurants, hotels and neighborhood establishments.
Similar legislation in other states has led to job and income losses, and little, if any, new tax revenue.
Cuomo is giving the Senecas until the third week of June to resolve its $ 600 million casino revenue - sharing dispute with the state or he will push for the right for a commercial casino to locate in Western New York.
«The opening of two new large casinos in upstate New York — del Lago Resort Casino and Rivers Casino Schenectady — have helped grow state monthly gaming revenues by about 30new large casinos in upstate New York — del Lago Resort Casino and Rivers Casino Schenectady — have helped grow state monthly gaming revenues by about 30New York — del Lago Resort Casino and Rivers Casino Schenectady — have helped grow state monthly gaming revenues by about 30 %.
Here's Sen. Ruben Diaz Sr. explaining to Erin Billups, of NY1, why he so vehemently opposed language in the revenue bill that recognized same - sex marriages performed outside the state in New York tax law.
If people took the time to understand the true athleticism of this sport as well as the dedication of the fighters combined with the oversight from the governing bodies such as the UFC this is a no brainer as to the right for it to be sanctioned in New York... Oh ya now we can mention the revenue to the state... WAKE UP NEW YORKNew York... Oh ya now we can mention the revenue to the state... WAKE UP NEW YORKNEW YORK!!!
«We are pleased the state is in a stronger financial and budget condition, and certainly we will continue to have that view,» DiNapoli said, noting thanks to strong revenues and ongoing financial settlements, New York is on track to end the year with a surplus.
And he rebuffed concerns the tax cap for New York City would harm its revenue, saying it was important to promote low - tax policies there, and pointed to the success of limiting levy growth elsewhere in the state.
every American taxed at a new rate follows Romney's example, the increase in state revenue will have virtually no effect on American finances.
The U.S. Supreme Court is expected to rule soon on whether to allow legalized sports betting across the country, and many states — including New York — are lining up at the gate to cash in on the possible tax revenue and job creation.
«We're going to continue to make investments in education and health care and I'm almost confident that Wall Street doing as well as it is,» he said, «we're going to see enhanced revenues in the state of New York.»
«Whether we have more revenue or not, my Senate colleagues and I are not going to support additional taxes in the state of New York,» said Sen. James Tedisco, a Republican from the Albany area.
Facing declining membership in many regions of upstate New York, veterans and fraternal clubs are pushing state leaders for help by allowing revenue - boosting video - gaming machines.
The first non-Indian casinos in New York state have provided a small but steady stream of tax revenue in their first year of operation.
If betting on sports comes to New York, it could bring in an influx of new state tax revenue — and at least one state lawmaker, Long Island Sen. Todd Kaminsky — would want it to be used on the environmeNew York, it could bring in an influx of new state tax revenue — and at least one state lawmaker, Long Island Sen. Todd Kaminsky — would want it to be used on the environmenew state tax revenue — and at least one state lawmaker, Long Island Sen. Todd Kaminsky — would want it to be used on the environment.
«It's just that he represents the Seneca Nation of Indians, I represent the City of Niagara Falls, Andrew Cuomo represent the State of New York in... what has become a pretty contentious affair regarding the casino revenues
Similarly, though New York City's contributions to the MTA are at historic lows, it won't do much good for the city to restore transit funding to its rightful levels if that just results in an equivalent MTA revenue sweep by the state.
NEW YORK — An additional $ 40 million spent on tourism marketing in 2013 resulted in an extra $ 4 billion in revenue, New York Gov. Andrew Cuomo said Wednesday at the 2014 New York State Tourism SummNEW YORK — An additional $ 40 million spent on tourism marketing in 2013 resulted in an extra $ 4 billion in revenue, New York Gov. Andrew Cuomo said Wednesday at the 2014 New York State Tourism SummNew York Gov. Andrew Cuomo said Wednesday at the 2014 New York State Tourism SummNew York State Tourism Summit.
Proposals to allow Internet poker in New York is dividing the gambling industry, with some companies predicting increased revenue for state government while others warn it would threaten existing gambling facilities.
From increased education spending, to proposed new revenue generation ideas to whether legalizing marijuana is in the state's best interest, state lawmakers representing Western New York districts offered various opinions on the details of the budget proposal revealed Tuesday by Gov. Andrew Cuonew revenue generation ideas to whether legalizing marijuana is in the state's best interest, state lawmakers representing Western New York districts offered various opinions on the details of the budget proposal revealed Tuesday by Gov. Andrew CuoNew York districts offered various opinions on the details of the budget proposal revealed Tuesday by Gov. Andrew Cuomo.
New York's Immigration Coalition says the argument is stronger this time, because they say studies show the law will decrease insurance premiums and add millions in state revenue.
Some were surprised to hear that Erie County is one of the few counties in New York State that shares sales tax revenue with local districts, providing these districts with nearly $ 137 million between July 1, 2016 and June 30, 2017.
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