Sentences with phrase «lost tax revenue»

While it's possible that the resulting economic development would make up for those losses, even 50,000 well - paying jobs might not make up for billions in lost tax revenue.

That's a lot of lost tax revenue — particularly in a county which has consistently ranked as one of the most highly taxed in the country.

The county would compensate towns, villages and school districts for lost tax revenue as a result of the freeze, he said.

«They're looking at a tax on services for our commissions because they are losing tax revenue from online sales,» he said.

Don't get too excited, though - when a state has no income tax, it generally makes up for lost tax revenue with higher sales or property taxes.

The coverage talks about the billions it will «cost» the government in lost tax revenue.

The economic cost to the area in the form of lost tax revenue and job creation is higher.

The state lost tax revenue, and welfare costs for inmate - related families added still another layer of expenditures that governmental agencies had to build into their expanding criminal - justice budgets.

Among the items discussed were a task force to address the local concerns surrounding the closing, how local communities would be compensated for lost tax revenue as well as where replacement power would come from, Murphy and Galef said.

CICU's report estimated enrollment losses at more than 100 private colleges and universities statewide would total 54,079 students and result in $ 224 million in lost tax revenues due to job losses at the institutions.

The protesters argued that the city's lost tax revenue directly impacts funds for public programs for the indigent.

They cost the Treasury between $ 1.2 billion and $ 2.1 billion, he estimates, in lost tax revenue last year.

Connecticut loses tax revenue when people buy cars out of state.

Last summer the Tax Foundation, a think - tank sympathetic to Republican priorities, estimated that a 15 % rate on pass - through income would cost $ 1.5 trn in lost tax revenue over a decade.

In 2010, teen pregnancy and childbirth accounted for at least $ 9.4 billion in costs to U.S. taxpayers for increased health care and foster care, increased incarceration rates among children of teen parents, and lost tax revenue because of lower educational attainment and income among teen mothers.

Governor Pataki's original $ 54 billion request for federal assistance asked for $ 9 billion to cover lost tax revenues.

We're losing millions in maintaining an empty building and lost tax revenue while we layoff teachers and cops, close firehouses, and can't even find the money to fix the damn potholes.

Amityville Village trustees complained last year about lost tax revenue.

Attorneys general from three states cite lost tax revenue due to diminished retirement income as one reason for reconsideration.

Chiasso officials are hoping that the expanding cryptocurrency industry can replace lost tax revenues from the diminishing local banking sector.

The cost of lost tax revenues from individuals, small businesses and other corporations would be about $ 258 million.

Yet the United States already bears costs from our broken education system, including higher crime rates, additional expenses for health - care and public - assistance programs, and lost tax revenue as well as the untold costs of telling generations of children in chronically under - resourced, low - performing schools: «You don't matter!»

However, a repeal or roll - back of DACA would harm the economy and cost the U.S. government a significant amount of lost tax revenue,» the study reads.

This is further complicated by the potential extension of the Bush Tax Cuts for the wealthiest 2 % in December that would result in billion dollar handouts to the wealthiest Americans and billions of dollars in lost tax revenues.

In addition to the aforementioned reasons (to finance governmental spending and make up for lost tax revenue), the Treasury has wanted to hold a more robust cash - balance position as a matter of prudent policy in order to protect against a potential interruption in market access.

State Sen. Betty Little (R - Queensbury) said local governments throughout the state lose tax revenue each year as a result of the current 480 - a program.

Saskatchewan's premier, Brad Wall, wasn't keen; the province stood to lose tax revenues and didn't relish seeing the province's pre-eminent company fall to come - from - aways.

But the lost tax revenue is significant, and that's got states actively working on ways to collect from remote sellers.

The federal government allowed you to spend your entire working life socking untaxed income away into these accounts, Thakor said, and the IRS is looking to eventually recoup some of that lost tax revenue at some point.

The Tuesday report by the Congressional Budget Office, the nonpartisan economic watchdog of the federal government, says that giving businesses with 50 or more full - time or full - time - equivalent employees until 2015 to comply with the Affordable Care Act will cost $ 12 billion in lost tax revenue.

«Zero - hours contracts and low - paid self - employment are costing the economy billions every year in lost tax revenues.

The Organization for Economic Cooperation and Development estimated that these kinds of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year, equivalent to up to 10 per cent of global corporate income tax revenue.

Another counter-argument will be that in an era of massive deficits, governments can not afford to lose any tax revenue.

Unite, the UK's biggest union, has welcomed a report - «Destinations of the Defence Pound» - which demonstrates that purchasing defence equipment from overseas suppliers will cost the UK # 1 billion in lost tax revenues.

Moreover, the Treasury would lose tax revenue.

The Pension Corporation has estimated that the current regulations have cost the government # 37 - billion in lost tax revenues to date, and that without change it could be as much as # 10 - billion a year in future.

Because the government couldn't afford to lose the tax revenues.

The union pointed out that procuring abroad can also lead directly to job losses, as well as lost tax revenues.

Mettler shows how Republican politicians, along with increasing numbers of Democratic accomplices, have expanded the submerged state because it gives the appearance of privatisation and governmental spending restraint, when in reality it represents vast outlays by government in subsidy payments and lost tax revenues.

In Western New York, private institution enrollment could drop by 2,749 students, resulting in 1,377 job losses and $ 3.8 million in lost tax revenue.

Eighty percent of lost tax revenues will be reimbursed in the first year declining to 20 percent by the seventh year.

He said it was Cuomo's responsibility to find budget cuts to make up for the lost tax revenues that will go back to county taxpayers if the Faso - Collins amendment becomes law.

Though New York City has lost tax revenue from the securities industry, property owners and hotels are picking up the slack when it comes...

Attorney General Eric Schneiderman and New York City Corporation Counsel Zachary Carter are seeking $ 180 million from Atlanta - based UPS, saying the cheap cigarettes increased smoking by New Yorkers while also costing $ 29.7 million in lost tax revenue.

And this is not just an injustice for the individuals whose life chances have been stolen; it will cost us all in lost tax revenue, extra social security expenditure, and lost economic output and growth for decades to come.

The Saugerties Town Board voted 4 - 1 to take half off litigious senior housing developer Steve Aaron's tax payments, but Supervisor Kelly Myers is refusing to sign the agreement because she says the town can't afford to lose the tax revenue.

A clear alternative, that does not involve throwing tens of thousands of public sector workers onto the dole — a move that would cost more than ten billion in lost tax revenue and increased state benefit payments.