Sentences with phrase «local taxpayers as»

«The governor has put forth flawed plans that will abandon needed human services, leave the financial burden on families and local taxpayers as it further cripples struggling communities, such as Binghamton, Elmira and others across the Southern Tier.»

Not exact matches

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.

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.»

«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.

Taxpayers who itemize deductions on their federal income tax returns can deduct state and local real estate and personal property taxes as well as either income taxes or general sales taxes.

Affected taxpayers may want to consider prepaying tax they otherwise would pay in 2018, but the law appears to block this strategy as to prepayments of state and local income tax.

As a former city councilor, Selina advocated for the rights of taxpayers, fought to protect the health of children and families by introducing a local ban on cosmetic pesticides and worked to improve access for people with disabilities as chair of the Coquitlam Universal Access - Ability Advisory CommitteAs a former city councilor, Selina advocated for the rights of taxpayers, fought to protect the health of children and families by introducing a local ban on cosmetic pesticides and worked to improve access for people with disabilities as chair of the Coquitlam Universal Access - Ability Advisory Committeas chair of the Coquitlam Universal Access - Ability Advisory Committee.

However, very few taxpayers are aware that the assessment they may have accepted as favorable could easily trigger a reverse appeal filed by the local school...

States where taxpayers are especially affected by the elimination of the state and local tax deduction (such as Maryland, Connecticut, and New Jersey) are especially motivated to promulgate such state tax credit initiatives.

But given that the tax bill severely curtails the state and local deduction for most if not all individuals, many more taxpayers could take advantage of state - level initiatives that essentially reclassify state and local tax payments as federal charitable contributions.

In a pre-emptive move against accounting maneuvers in high - tax states such as New York and California, the bill prohibits taxpayers from prepaying next year's state and local income taxes, in order to deduct them from 2017 taxes.

The new law will limit taxpayers» ability to deduct state and local taxes (known as SALT) to $ 10,000.

To simply take the property taxes levied today and add a debt service figure to it, as has been suggested by a local taxpayer watch group, ignores both the issuance over several years, as well as the debt that is scheduled to be retired in the coming few years, on which that tax will no longer be collected.

«We have led the way on controlling state spending, capping local property taxes, and soon, millions of middle class taxpayers will get to keep more of their income to invest and spend as they see fit.

Westchester County Executive George Latimer pointed to the $ 10,000 cap on state and local tax deductions by the federal government as having «changed the game» for taxpayers in New York, making the limit on tax levy increases all the more important.

But he added: «Councils need long term and consistent investment, which enables them to plan ahead and invest taxpayers» money as effectively as possible if we're to bring our local roads up to scratch.»

As a taxpayer I am sick of paying for the unchecked growth of charters.I even got a flyer today offering a $ 100 incentive for those referring students to enroll in a local charter school.The charter school industry seems well funded enough to pay for all these ads — how about donating the funds for these ads to reduce local taxes — listen to local taxpayers!.

Liberal Democrats have identified the following problems with Labour's plans to introduce taxpayer - funded meals for primary children: — the Labour Government won't fund a pilot scheme as Islington doesn't meet its criteria so local taxpayers will have to pick up the whole tab.

The county sponsors of the three hospitals included in this amendment, as well as their taxpayers, have a direct interest in financial condition of these institutions and, therefore, the stable pension option is a viable approach to meeting local fiscal demands.

«These numbers are further proof that Governor's tax cap is a success and they also demonstrate that even with a stricter 1.56 percent cap this year, the tax freeze is working as intended to encourage schools and local governments to cuts costs and provide relief to property taxpayers.

Taxpayers will be able to deduct a limited amount of state and local income or sales taxes on their federal returns as part of the deal between Senate and House Republicans to finalize a major tax overhaul, Rep. Kevin Brady, R - Texas, said Thursday.

Forand also cited DiNapoli's audits of state and local governments and school districts that save taxpayers millions of dollars statewide while using the investment clout of the pension fund to influence corporate behavior such as in addressing climate change.

The proposal would grant property taxpayers a rebate equal to an annual tax hike as long as a local municipality stays within the state's property tax cap — currently under 2 percent.

«The Erie County Control Board played a crucial part in improving the financial health of the county and minimizing burden felt by the taxpayers following the «Red - Green» budget, but as Erie County's bond rating continues to improve and the local economy becomes increasingly diversified the control board has taken on a purely advisory status» said Legislator Patrick Burke (7th District).

He's right but as Fiona Bruce argued in the debate the light needs to be shone brightly on the huge subsidy that the union movement receives from local and national taxpayers.

He has been hailed as a transparency champion by the taxpayers» alliance, and his efforts to make local government more transparent have gained support from some unlikely places.

New York State taxpayers should not be subsidizing private school transportation that is excessive and that financially benefits the private school investors, trustees, and parents who have chosen these as alternative to their local public school.

He also noted the local governments and schools «use the taxpayers as a piggy bank.»

New York taxpayers are second only to California ($ 97 billion) in the total amount claimed as IRS deductions for state and local taxes — mostly because income and property taxes in the two states are generally higher than the rest of the nation.

Since the state Constitution guarantees pension benefits for current employees, pension reform needs to be understood as a strategy that will impact state and local finances for the next generation of government workers and taxpayers, not current workers and taxpayers.

«I'm basically saying you have to find efficiencies and economies of scale,» said Cuomo who said the local governments and schools «use the taxpayers as a piggy bank.»

I have written about the many times local community groups have had to clean up the tracks and haul away truck loads of trash and debris at the City of Kingston's taxpayers» expense as it's carted away to the dump.

New York state taxpayers are already subject to some of the highest state and local taxes in the nation as a result of the tax - and - spend policies that come out of Albany.

County Executive Cheryl Dinolfo made the announcement Wednesday morning, saying that through the action, the county will seek to recoup on behalf of local taxpayers the various costs it has incurred as a result of the opioid epidemic.

De Blasio and Murphy vowed to work together to rally against the GOP's massive federal tax overhaul that calls for the elimination of popular tax deductions — such as state and local property tax costs and student loan interest payments — which they argue will hurt middle - class taxpayers.

Now, Syracuse Mayor Stephanie Miner is demanding answers as she tries to figure out how the local regional economic development council is spending that taxpayer cash.

New York taxpayers could be on the hook if state and local deductions are eliminated by the federal government, as backed by Trump's tax plan.

But he says in the long term, the loss of the deduction will only deepen the state's deficits, as higher income taxpayers leave New York or switch their primary residences to other states with lower state and local taxes.

New York taxpayers are second only to California in the total amount claimed as IRS deductions for state and local taxes - about $ 72 billion a year.

Eligible counties must be included in Federal disaster declarations · An additional $ 20 million included in federal disaster declarations distributed on an as needed basis · Permitting local government to let taxpayers impacted by the storms to pay their property taxes in installments

So what happens is local towns, as a result, have to privatize the fire departments, privatize the EMT services, driving up the costs on local taxpayers.»

And as taxpayers across the state get even more used to the protection provided by the cap, it will become a taller political order for public employee unions and local governments to riddle it with loopholes, as they've been trying to do.

Derived from self - reported statistics gathered annually by the Office of the State Comptroller, the result is a database of measures that taxpayers can use as benchmarks for evaluating local governments.

The ads come as Gov. Andrew Cuomo has indicated he will push for workarounds to the law's capping of state and local tax deductions at $ 10,000 — a move he has said is crippling to the state's taxpayers.

What was this «white powder» that caused such a commotion, including a tremendous expense to the taxpayers of the City and State of New York as well the USA due to antiterrorism dollars that are given to the local jurisdictions?

«While it is welcome news that so few school districts across the state have been classified as in fiscal stress, school officials should remain vigilant and carefully consider how their budgeting decisions will affect their long - term fiscal condition and local taxpayers,» DiNapoli said in a statement.

But in many such countries the would - be-immigrant can get around this if they are wealthy and are willing to post a surety bond as insurance against becoming a burden to the local taxpayers.

ALBANY, NY (07/10/2013)(readMedia)-- CSEA today sharply criticized Gov. Andrew Cuomo's proposal to consolidate state psychiatric centers as vague, irresponsible and likely to cost local taxpayers.

Local leaders pulled no punches as they criticized the PSC and even some local elected officials for supporting the deal, which puts local jobs — and the largest taxpayer in Niagara County — in jeopLocal leaders pulled no punches as they criticized the PSC and even some local elected officials for supporting the deal, which puts local jobs — and the largest taxpayer in Niagara County — in jeoplocal elected officials for supporting the deal, which puts local jobs — and the largest taxpayer in Niagara County — in jeoplocal jobs — and the largest taxpayer in Niagara County — in jeopardy.

A spokesman for Adams said it was too soon to say how much taxpayers would save, but the BP's office is working with local groups and government staffers to begin studying the impact on taxpayers, as well as the impact on the environment and on municipal transportation.