Sentences with phrase «lose sales tax revenue»

For example, if cities lose sales tax revenue to online transactions, will property taxes rise?

Over time, the value of lost sales tax revenue would outstrip the Medicaid savings for an ever - growing share of counties.

It is estimated that Oklahoma has been losing sales tax revenue on over forty million dollars in puppy sales each year.

Not exact matches

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.

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.»

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

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

I think the issue in Albany can be especially appreciated this time of year when residents are our enjoying the amenities that Erie County has to offer that would be threatened if we lost a portion of sales tax revenue.

This left Erie County in a very unstable position, possibly losing $ 279 million in sales tax revenue.

to raise $ 2.3 billion — an idea floated many times in the past — Suffolk County would potentially lose $ 120 million more in sales tax revenue than it would save on Medicaid.

The report estimated home values would drop by 10 percent, meaning counties would stand to lose property and sales tax revenue.

The City of Poughkeepsie will lose $ 2 million in Dutchess County sales tax revenue in 2013, but that was not the topic when County Executive Marcus Molinaro sat down with Mayor John Tkazyik and Common Council Chairwoman Gwen Johnson on Tuesday.

«It's not on my agenda,» Cahill said prior to the press conference, referring to accusations from Hein and others that he had thwarted passage of a sales - tax extension that could mean upwards of $ 26 million in lost revenue to county and local governments next year.

«IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.»

«They would lose more than $ 44 million in revenue if we no longer shared sales tax revenue with our school districts,» Mychajliw said.

After moving dramatically to abolish property taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two - cent sales - tax increase, to be considered in a March 15 referendum, or an income - tax hike, which will go into effect automatically if the sales - tax rise is rejected.

In states where Amazon has lost the sales tax argument at the hands of lawmakers who are eagerly trying to make up for revenue lost in the recent economic downturn, the online giant has attempted to make amends with legislatures by investing in jobs and distribution centers in return for coming to a consensus on the issue.

The Oakland Chamber of Commerce has said that sales have dropped 40 % at surrounding businesses as customers are afraid of being harassed going downtown (this also means lost revenue for the city in terms of sales taxes)

That is because many of these commercial breeding operations are not licensed or registered; the county as well as the state is losing hundreds of thousands of dollars in sales tax revenues.

Considering the number of animals they house and «sell», just how much sales tax revenue is being lost in the state - one of their arguments against breeders!

The states, meanwhile, have been losing out on billions in sales tax revenue over the years (one estimate cited in court papers suggests they'll lose about $ 34 billion this year).