Sentences with phrase «in taxes on high earners»

The increase in taxes on high earners is a petty political gesture rather than a serious financial solution.

Mr. Golisano recently announced that he was moving his legal residence to Florida out of anger about the budget deal crafted in April by Democratic leaders in Albany, which included an increase in taxes on high earners.

In the UK, a common argument of Conservatives is that any increase in taxes on high earners will make the country «uncompetitive» (in the sense that the rich will flee to foreign tax havens).

Not exact matches

Higher taxes on top earners or increased corporate tax rates for firms with very high CEO - to - worker compensation ratios could rein in executive pay without adversely affecting workers or the economy, the report suggests.

The AHCA sacrifices $ 900 billion in future revenues by eliminating all other Obamacare taxes, including special levies on high - earners and annual fees on insurers.

In late 2012, the Bush - era tax cuts expired, resulting in a tax increase (to 39.6 percent) on the highest earnerIn late 2012, the Bush - era tax cuts expired, resulting in a tax increase (to 39.6 percent) on the highest earnerin a tax increase (to 39.6 percent) on the highest earners.

The change would be eliminating the dividend refund that comes later, which could bump the effective tax rate on passive income, in cases of high income earners, to the 70 - per - cent - plus level Poilievre talks about.

April's budget deal between Ontario Premier Dalton McGuinty and provincial NDP leader Andrea Horwath effectively pushes the tax rate on high income earners in Ontario to almost 50 %.

The problem is that the voters don't want Bushism in any vessel, and they really don't want the post-Bush GOP's obsession with cutting taxes almost exclusively on high earners.

So in speaking to the majority, this forces supporters of cutting taxes on high - earners to make implausible promises about the wonderful indirect effect benefits most people will get when taxes are cut on somebody else.

Hewitt is expecting these «crucial commitments» from a candidate who promised gargantuan upper - income tax cuts during the Republican primary, then said he wasn't necessarily a huge fan of his own tax cut proposal, and then engaged in nonsensical double - talk about whether taxes would go up or down on high - earners.

That is why we must insist on a radical plan for fair tax which we developed in opposition through the Tax Commission: lifting low earners out of tax; shifting the tax base from income to wealth, especially high priced property; and cracking down hard on the shocking tax dodging culture - personal and corporate - which disfigures our counttax which we developed in opposition through the Tax Commission: lifting low earners out of tax; shifting the tax base from income to wealth, especially high priced property; and cracking down hard on the shocking tax dodging culture - personal and corporate - which disfigures our countTax Commission: lifting low earners out of tax; shifting the tax base from income to wealth, especially high priced property; and cracking down hard on the shocking tax dodging culture - personal and corporate - which disfigures our counttax; shifting the tax base from income to wealth, especially high priced property; and cracking down hard on the shocking tax dodging culture - personal and corporate - which disfigures our counttax base from income to wealth, especially high priced property; and cracking down hard on the shocking tax dodging culture - personal and corporate - which disfigures our counttax dodging culture - personal and corporate - which disfigures our country.

Last year, Cuomo resisted de Blasio's push to allow New York City to raise taxes on high - income earners in order to fund a city - wide pre-Kindergarten program (In the end, Cuomo funded a statewide version without a surchargein order to fund a city - wide pre-Kindergarten program (In the end, Cuomo funded a statewide version without a surchargeIn the end, Cuomo funded a statewide version without a surcharge).

The tax increase / extension on high - income earners and the idle rich is due to the Obama economy in free - fall and layoffs on the evil Wall Stret financial industry.

The inclusion of extending high tax rates on wealthy earners in Gov. Andrew Cuomo's 2017 - 18 budget proposal has the potential to set up an ideological fight over economics with Republicans in the state Senate.

«I'm sure they're going to realize we need the revenue that comes from that high earner tax,» Klein said in an interview on Wednesday, a day after Gov. Andrew Cuomo unveiled a budget that keeps the expiring tax rates in place, but seeks to reduce rates for middle income earners starting at $ 40,000.

Let's be like the French, where the government has to hike income taxes to heights never seen in the world on the very people, who are least able to pay it (because the high income earners can afford to move and they DO move somewhere else).

For instance, Skelos and Cuomo declared the state's so - called «millionaires» tax» dead in April 2011, only to reverse themselves and enact a new tax on high - income earners seven months later.

Many legislative Democrats, seeking to block Gov. Cuomo's efforts to cut spending to close a projected $ 10 billion deficit, have hoped the «millionaires tax» on high earners, which expires Dec. 31, would be renewed to raise more than $ 1 billion in the new fiscal year.

Cuomo declared de Blasio's call for a tax on high - earners to help fund the MTA «dead on arrival,» telling reporters in Rochester: «The millionaire's tax I do not believe is politically viable.»

Cuomo's plan includes $ 1 billion more for schools and the extension of an additional tax on New York's highest income earners, known as the millionaire's tax, in order to pay for education spending and close a $ 3.5 billion budget gap.

«Their powerful support for our children and families — combined with Speaker Silver and the state assembly's passage of a resolution last night that includes a funding stream in the form of a tax on the city's highest earners — represents a new consensus sweeping across this state.»

The governor's plan proposes that the M.T.A. reimbursement be carved out of the $ 1.9 billion in revenue the state is supposed to net from taxes on the state's highest earners.

George Osborne has refused to be drawn on calls to cut the 40p tax rate in real terms, despite facing pressure to help middle income earners being drawn into the higher levy.

In his inaugural address de Blasio highlighted his call for funding universal pre-K and middle school after school programs with an increased income tax on high earners.

Pressure on Gov. Andrew Cuomo to keep a tax on high - income earners is increasing daily, thanks in part to the Occupy movements on Wall Street and here in Albany, Assembly Majority Leader Ron Canestrari said today.

Democratic legislators, who opposed deep cuts in social services and education spending to close a $ 10 billion deficit, tried to alter the tax by introducing a «true» millionaires tax on the highest income earners.

Deputy Senate Majority Leader Tom Libous today didn't completely rule out a tax on high - income earners, saying that without high - volume hydraulic fracturing impoverished communities need some source of revenue in the wake of severe flooding.

Cuomo's second tax commission is weighing a proposal with more than $ 1 billion in mostly property tax cuts, but debate over former Gov. George Pataki's plan to slash the personal - income tax on the highest earners has helped delay the release of the group's report.

Democrats who dominate the State Assembly have proposed renewing a surcharge on top income earners that was first passed in 2009, and adding higher tax brackets for New Yorkers reporting between $ 5 and $ 10 million in income.

In 2007, the party abandoned its longstanding pledge to introduce a new 50p tax rate on the highest earners, and the following year called for a reduction in the overall burden of taxatioIn 2007, the party abandoned its longstanding pledge to introduce a new 50p tax rate on the highest earners, and the following year called for a reduction in the overall burden of taxatioin the overall burden of taxation.

A Cable chancellorship with Labour backing could be bold in redistributing the tax burden - ending higher - rate tax relief on pensions, closing tax loopholes at the top and reducing the share paid by lower earners.

Ed Miliband's party will promise to fund the package via a tax on bankers» bonuses and high - earners» pensions in its 2015 manifesto.

Personal allowance increase welcome for higher earners but of no benefit to those on the lowest incomes The Chancellor has announced today in the Budget that having gone up to # 11,000 in the tax year beginning 6 April 2016, the personal allowance will rise again to # 11,500 in 2017/18.

At a time when fuel prices are at record high, and the Government is punishing drivers with sky high VED increases, Mrs Kelly is now going to hit low income earners in Greater Manchester with a 8 per cent tax on getting into work.

Of course, this will be made somewhat easier by the governor's agreement with the legislature last month to extend $ 2.6 billion in higher income - tax rates on million - dollar earners, offset in part by small rate cuts for middle - class filers.

The groups called for a return to higher rates for top income earners, more spending on education and municipal aid — which they said would keep locally imposed property taxes in check — as well as increased oversight of several business tax credit programs.

Dicker, who is for broad gun rights and low taxes, has criticized Cuomo in the past, like when the governor rejiggered the state's tax codes and effectively raised the permanent tax rate on high - income earners.

NEW YORK, NY (12/06/2011)(readMedia)-- The New Deal for New York — a coalition of grassroots groups in Niagara Falls, Buffalo, Syracuse, Albany, Poughkeepsie, Newburgh, Yonkers, and New York City — today joined with allied organizations to support a progressive taxation plan that would create new tax brackets on the highest income earners and generate about $ 5 billion for the state.

Mayor Bill de Blasio said on Thursday that efforts to discourage support for his pre-kindergarten plan won't have much effect, notwithstanding the stalling - out of his proposed high - earner tax in Albany.

De Blasio, and some his Democratic supporters in the State Senate, maintain the city should have the autonomy to raise taxes on its highest earners, as part of the mayor's broader plan to fund universal pre-K, and that the city should also have the authority to raise the minimum wage for city workers.

New York was penalized in the report for imposing higher tax rates on upper - income earners, as well as high property taxes.

Democrats in the State Assembly have pushed for Mr. Cuomo to seek the extension of the tax surcharge on high earners, saying an extension would be an obvious way to address the $ 3 billion to $ 3.5 billion budget gap projected for next year.

Canvassers will talk to thousands of New Yorkers in State Senate and Assembly districts in Saratoga, Troy, Syracuse, Buffalo, Niagara Falls, Yonkers, Poughkeepsie, Newburgh, New York City and Long Island about how extending the additional income tax surcharge on the state's highest earners could prevent more drastic budget cuts, and create opportunities to invest in job creation and infrastructure in New York State.

Questions during the Q&A portion of the press conference included his plans during his scheduled visit to Albany on March 4th, why he expects to convince legislators who he has not convinced, whether he's concerned that the middle school program will be pushed aside if there is a pre-K funding mechanism other than his proposed tax, where the money to fund the middle school program will come from, how he counters the argument that his tax proposal is unfair to cities that do not have a high earner tax base, how he will measure the success of the program absent additional standardized testing, whether he expects to meet with Governor Cuomo or Senate Republican Leader Dean Skelos during his March 4th trip, what he would say to a parent whose child planned on attending one of the charter schools that his administration refused to allow, whether he doubts Governor Cuomo's commitment or ability to deliver on the funding the governor has promised, what are the major hurdles in trying to convince the state senate to approve his tax proposal, whether there's an absolute deadline for getting his tax proposal approved, whether he can promise parents pre-K spots should Governor Cuomo's proposal gointo effect, and why he has not met with Congressman Michael Grimm since taking office.

McDonald again took the opportunity to slam some Democratic candidates» call to raise taxes on high earners, touting his experience in helping the homeless in New York City by leading them to find work.

De Blasio has proposed a tax on the city's highest earners in order to pay for universal pre-kindergarten.

The candidates also discussed the question of whether to raise taxes on high - income earners, the best means to create jobs in the city and how they would respond to a citywide emergency as mayor.

The mayor reportedly did not mention the issue when he traveled to Albany to testify on the governor's budget proposal in January, weeks after taking office, instead dedicating his remarks to pressing lawmakers to approve his signature proposal to raise taxes on the city's highest income - earners to fund universal pre-K and after - school programs.

The issue: After Assembly Democrats proposed increasing the income tax on high - wealth earners in 2016, the issue fell off the table.