Sentences with phrase «increased federal revenue»

But neither reduced emissions nor increased federal revenue will necessarily deal with the immediate and pressing problems facing these governments.
Allowing these young people to live and work here without fear could increase federal revenue by $ 2.3 billion over 10 years, according to the Congressional Budget Office and the Joint Committee on Taxation.
The Congressional Budget Office estimated that only allowing deductions that exceed 2 percent of adjusted gross income (AGI) would increase federal revenue by more than $ 15 billion a year.
If Americans do not find a way to increase federal revenue, they will pay one way or another.
The problem with this concept is that even if oil and gas prices are likely to increase in the future, thus increasing federal revenues from oil and gas leases on public lands, any such revenue coming from areas already open to production will be considered by CBO as already included in the baseline revenue picture.
We should not relinquish that opportunity, particularly in furtherance of a flawed, short - term response to higher oil prices or an effort to increase federal revenues.
Given the tax reform effort currently under way in Congress this would seem an appropriate time to consider the usefulness of a carbon tax to increase Federal revenue even though no such proposal (happily) is in the current tax bill.

Not exact matches

As with JP Morgan Chase (jpm) on Friday, its revenue rose sharply as it was able to pass on to customers two interest rate increases by the Federal Reserve.
Even without a penny of federal money, which is only now sluicing through the pipeline, the company has increased revenue 50 percent over last year.
The government expects the anti-smoke move will increase federal tax revenues by $ 685 million in 2014 - 15 — a major piece of the puzzle in Tory efforts to balance the books over the next two years.
And all of them argue that the proposed tax cuts, estimated to reduce federal revenue by more than $ 1.4 trillion, won't increase federal deficits, an assertion that's been contradicted by Congress's official tax scorekeeper.
If firms act to reduce that tax base in response to an increase in the federal rate, then provincial revenues will fall, even if the provinces haven't changed their rates.
Eliminating the state and local tax deduction would raise about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax cuts from creating a massive increase in the federal budget deficit.
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).
Such provisions, they argue, are intended to alter how the insurance market works, not to reduce federal spending or increase revenue.
Increased export prices also tend to boost government revenues through company taxes and a range of federal and state royalties.
If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.
A far bigger move is being championed by interim Liberal leader Bob Rae — encourage hiring, and forgo $ 1.2 billion in federal revenues, by cancelling the scheduled Jan. 1, 2012, increase in Employment Insurance premiums.
They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.
Federal cabinet ministers and Neil Reynolds have boldly asserted that lower CIT rates will increase CIT revenues.
To eliminate the deficit by 2015 - 16, the CCPA assumes that the net impact of these measures will result in higher economic growth and increased employment, resulting in increased revenues to the federal government of about $ 4.5 billion, on average, per year.
The federal government's fiscal position would no longer be sustainable — it would be running a structural deficit which could only be eliminated through program cuts and / or revenue increases.
The proposal is about the federal government providing funding to groups, who need assistance and paying for this additional funding by a small «revenue neutral» tax increase.
This lost revenue accounts for about 80 per cent of the increase in federal public debt over that period.
So you'd conclude that the January 1, 2012 reduction in the CIT rate from 16.5 % to 15 % would reduce revenues by about $ 3b, and increasing the federal rate from 16.5 % back to (say) 24 % would increase CIT revenues by some $ 15b - almost one per cent of GDP.
If you are, say, Dalton McGuinty, Jean Charest or Christy Clark, you should adamently oppose any increases in federal corporate taxes since you'll bear, depending on your preferred model, some or all (and then some) of the cost of increased federal corporate tax revenue.
On the other hand, if you wanted to keep aggregate government revenue the same, you could get away with increasing the GST to 6 - 7 % (and presumably compensate for the decreased federal revenue by reducing transfers to the provinces by $ 20 billion, leaving the provinces, collectively, in more or less the same position).
While reducing federal spending during an economic slowdown was not the President's preference, he recognized the political realities and undertook a series of negotiations with the Republican Speaker of the House, John Boehner, aimed at achieving a compromise plan to reduce the deficit over time through a combination of spending cuts and revenue increases.
Texas service sector activity «continued to increase in April, albeit at a slower pace than last month,» according to business executives responding to the Federal Reserve Bank of Dallas» Texas Service Sector Outlook Survey, as the revenue index decreased to 14.7 from 20.0.
While federal and provincial governments will continue to play an important role investing in infrastructure, they simply do not have the resources to meet the demand — pegged at somewhere in the neighbourhood of $ 500 - billion — without a large increase in tax revenues or drastic cuts to social programs.
The claim comes one year after the ATO had a landmark win in the Federal Court against US oil company Chevron over a similar issue, and as Exxon's Australian subsidiary reported a 43 per cent surge in revenue to $ 10.37 billion and a 26-fold increase in annual profits.
However, the Liberal platform also envisaged temporary deficits to finance higher spending on social programs such as child benefits, a higher Guaranteed Income Supplement for single seniors, public health care, child care and First Nations programs, and did not increase overall federal tax revenues.
A 0.5 % small business tax reduction is welcome, but overshadowed by tax increases at the personal level, corporate level, an increase in B.C.'s no - longer - revenue - neutral carbon tax, and the corresponding pending changes by the federal government as to how small business owners can manage their affairs.
Several studies have found that decreased access to competitive foods leads to increased participation in the National School Lunch Program and subsequent increases in federal reimbursements and overall revenue.
[34] This is comparable to the additional revenue that a 4.5 cent across - the - board increase in the federal reimbursement rate for all school lunches would generate.
That is as much added revenue as districts would receive if the federal reimbursement rate for all lunches were increased by 11 cents.
A school breakfast program can also increase jobs and give your school additional revenue through federal reimbursement.
Proponents of raising taxes on New York's wealthiest say they have a new impetus to increase the state's revenue — the continued bad news from Washington about deep federal cuts to health care and other areas.
In some instances, the federal stimulus plan could make our financial problems worse, by providing temporary financial support for permanent increases in our base - line health care and education spending, that eventually will need new, state - level sources of revenues to support.
We applaud Governor Paterson's argument that, should New York receive a significant cash infusion from the federal government for Fiscal 2010, the state should use those revenues to cut back on significant proposed tax and fee hikes, rather than restore or increase governmental spending.
But the report then lists several «concerns,» including some proposals that would increase the state's already large debt burden, and reliance on temporary one shot revenues and federal aid that the report says might not materialize.
'' The best way to increase federal tax revenues is to increase the number of working Americans who actually pay taxes.
The ministers of Budget and National Planning, Mr Udoma Udoma, disclosed this to State House Correspondents at the end of the two - day National Economic Council Retreat in Abuja, adding that the Federal Government was looking at immediate possible ways to increase government's revenues.
The comptroller also alleged that, because a substantial portion of Health + Hospitals» revenue actions in its deficit reduction plan requires federal and state approvals, the city would probably have to increase its subsidy by $ 200 million in fiscal year 2017.
In our letter dated February 12, 2016 addressed to your good self we urged the Federal Government to explore alternative sources of raising revenue to fund the 2016 budget instead of increasing the nation's external debt of $ 64 billion.
Some politicians want to reduce the federal gasoline tax, even though its fixed value per gallon means that as prices increase, revenues fall.
The Federal Inland Revenue Service (FIRS) has also begun to implement a programme of increased awareness among Nigerians regarding the payment of taxes.
While commending the Federal Government for towing the line of Lagos State in making efforts to increase its Internally Generated Revenue, Ambode emphasised that the most important lesson that must be learnt from the fallen oil prices is the need to diversify our economy by looking inward.
The amount of coal produced from federal leases and associated revenues have increased since 1990, although production has leveled off since 2002.
And, in a time of increasing costs and decreasing revenues, some district leaders and food advocates worry whether 6 cents will allow schools to serve healthier fare, when the current federal reimbursement of $ 2.72 per free meal already has many school programs running in the red.
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