Sentences with phrase «lost tax dollars»

And although charters enroll only 5 percent of America's K - 12 students, to the cash - strapped, high - poverty urban districts that have been targeted for charter expansions, that number represents a shift of roughly $ 38.7 billion per year in lost tax dollars and mass closings of neighborhood schools.

Cuomo doesn't want to count the lost tax dollars because he says Startup businesses wouldn't exist without the program and the tax breaks it offers.

Joseph Pacher said local communities also would lose tax dollars now paid by the plants if they were to close.

«The last thing we need is to see high earners leave New York State because then we lose their tax dollars,» said Skelos.

Not exact matches

The government contends that it loses millions, quite possibly billions, of dollars each year on workers who've been classified as independent contractors but who haven't voluntarily paid self - employment taxes.

They found the federal treasury lost at least half a billion dollars in tax revenue that would have been paid had individuals not been able to funnel their personal income through corporations.

The Obama Administration is considering ways to close corporate tax loopholes and reclaim billions upon billions of dollars in lost taxes for the Treasury Department.

Additional stabilization from unemployment insurance, although smaller in total magnitude than that from the tax system, is estimated to be eight times as effective per dollar of lost revenue because more of the money is spent rather than saved.

[fn.3] Since the starting point for many state income tax calculations is either federal adjusted gross income or federal taxable income, a dollar - for - dollar tax credit might lose the state revenue.

The dollar index (DXY) peaked in December 2016 and has subsequently lost nearly 13 per cent, shrugging off what should have been positive effects from U.S. tax reform and a Federal Reserve about to embark on a tightening cycle.

They put their greed before the good of their companies, and almost destroyed our economy, then used our tax dollars to save themselves while millions lost their jobs, their homes, and their futures.

Gambling companies have argued for years that New York loses billions of dollars a year to casinos in Connecticut and New Jersey, costing the state jobs and tax revenue.

Under Empire Zones, the state wrote millions of dollars in tax refunds to businesses that did not create jobs and, in some cases, even lost jobs.

He said New York could lose billions of dollars in revenue and some of the state's wealthiest residents, who might choose to switch their primary residence to lower - tax states.

It is clear that these fat cats who want the public to bail them out like AIG and Goldman Sachs; or the Speyer deal with Stuyvesant Town and a whole host of other scams, are organizing because they fear losing their «special treatment» like a West Street Headquarters will a half billion dollar real estate tax exemption; or the tax credits for complex real estate deals that made Related into a financial and real estate behemoth without really doing much to improve anything... It bothers these dukes and barons that the city helps the needy.

Cuomo's idea to shift some state and local tax payments owed by individuals to a payroll tax paid by employers so many New Yorkers don't lose thousands of dollars under a new federal tax law is supported in concept by many tax policy experts.

Replacing income taxes with am employer payroll tax, leaving Washington, not Albany, on the hook for billions of dollars in lost revenue, might sound good, but the idea floated by the governor is already running headlong into a barrage of practical questions about how precisely such a switcheroo might work.

The Republican budget was assembled before the most recent numbers that show the state is projected to lose more than a billion dollars in tax revenue over the next two years.

He says New York could lose billions of dollars in revenue, and some of the state's wealthiest residents, who might choose to switch their primary residence to lower tax states.

ALBANY — Gov. Andrew M. Cuomo's idea to shift some state and local tax payments owed by individuals to a payroll tax paid by employers so many New Yorkers don't lose thousands of dollars under a new federal tax law is supported in concept by many tax policy experts.

Start - Up New York's multi-million dollar underlying costs — the fact that we have lost more jobs in the past six months than any state in the nation — and the notion this so - called «tax free» economic program will attract businesses to the least - friendly to business state in the U.S. — is not based on reality.»

The Town of Lewiston, Niagara County Legislature and the villages of Lewiston and Youngstown, as well as the Lewiston - Porter school district, have voiced their dissent despite the risk of losing out on the millions of dollars in revenue from taxes and fees that CWM would pay over the lifetime of the new landfill.

In 2010, the Florida legislature's nonpartisan Office of Program Policy Analysis and Government Accountability estimated that Sunshine State taxpayers saved $ 32.6 million, which is approximately $ 1.44 in state education funding for every dollar lost in corporate income tax revenue due to credits for scholarship contributions.

But one of the greatest sleights of hand critics perform is conflating, or at least failing to articulate, that a decrease in reported income does not equal the actual tax dollars NYS loses.

That's because along with the per - pupil increase and some boosts in aid, the committee's recommendation shifts a hefty chunk of tax dollars to private voucher schools, funding that could have restored public education funding that's been lost to years of cuts.

This year, those districts lost more than $ 16 million dollars in tax money to vouchers, and public education advocates worry about what's next.

All I had asked for was my Toyota Tundra back or another vehicle, they sold my Toyota after 3 weeks Chrysler Corp asked them to unwind the deal Dodge Chrysler Jeep City said NO, so know I lost my equity on my Tundra cause I didn't look at the trade in amount on my contract, plus I'm losing my tax credit for my new truck I bought at Cherry Hill Chrysler so I'm out about $ 4,000 dollars that's why Chrysler Jeep City didn't want to unwind the deal.

There's opportunity lost by not investing those dollars in higher - potential opportunities as well as the tangible loss of growth and purchasing power after the effects of inflation and taxes.

Your payment needs to cover your tax debt without being too expensive for your budget — remember if you miss a payment, you may need to pay a reinstatement fee of $ 89 dollars or you can lose the agreement altogether.

So, all of a sudden those RMDs are going to push them even to a higher tax bracket and more of those dollars potentially could be lost to unnecessary taxes.

Which state you live in can mean thousands of dollars saved or lost in taxes each year.

Assuming the U.S. dollar won't lose its value, U.S. buyers will have high purchasing power in inland BC such as Whistler and Kelowna — those areas not affected by the recent property tax.

But by not claiming certain health - care costs via the Medical Expense Tax Credit, Canadians could be losing big dollars.

He could lose 15 per cent of the difference between $ 81,800 and the OAS clawback start point, about $ 74,000, that's $ 1,170 dollars, then pay 20 per cent tax on the balance, leaving him with about $ 6,000 a month to spend.

You're going to lose one year's tax refund in a bankruptcy, no matter what you do, and the only way you can justify that is saying okay, so yes, I'm losing my tax refund, but I'm eliminating twenty, thirty, forty thousand dollars» worth of debt.

The money you use to repay the loan is coming from after - tax dollars, and so you're losing the benefit of the retirement plan as a tax shelter.

If you continue to miss out on these breaks year after year, you could be losing out on thousands of dollars in tax savings!

People throw away hundreds of dollars every year by losing receipts and forgetting to record potential tax deductions.

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

The State of Oklahoma is estimated to be losing the tax revenue on at least a forty - million - dollar - a-year industry.

«Indiana is losing millions of dollars in lost tax revenue each year.

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.

In addition to the humane issues, clandestine dog breeders earn an estimated thirty to forty million dollars in unreported cash each year, with the state losing millions through the tax evasion by breeders that sell puppies on street corners and in newspapers.

The wind industry could lose out on hundreds of millions of dollars of tax incentives with another change proposed by lawmakers.

Pennsylvania's Marcellus Shale impact fee has channeled millions of dollars to areas affected by drilling, money local officials fear might be lost if Gov. Wolf's proposed severance tax on natural - gas production is adopted in Harrisburg.

Utilities in the south that miss out on 2016 — The Year of the Wind aren't just missing out on a great opportunity for their ratepayers, they risk losing billions of dollars in wind energy savings as the tax benefits begin to phase out in 2017.

Rather than explaining the tax better all over the province, correcting Vander Zalm's math, reducing it to 10 per cent right away, or reminding younger voters that Vander Zalm was the author of the property purchase tax that added thousands of dollars to the purchase price of their homes, the government lost control of the message and distanced itself from the debate as if the HST were an alcoholic uncle that no - one wanted to acknowledge because he was drunk at family gatherings.

Without the skill of an experienced attorney, your family or business could lose millions of dollars to gift or capital gains taxes.

Beneficiaries could stand to lose thousands of dollars in estate taxes and since times are tough, many dependents would rather use the cash for their own family's needs.

They could end up losing up to 35 cents out of every dollar you leave them to federal income tax.