Sentences with phrase «lost tax revenue as»

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!»

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

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.

Not exact matches

Or is it actually about making up revenue lost to an eroding tax base as taxpayers seek legal ways to avoid what they see as punitive tax rates?

You can't make money running a showroom, and as brick and mortar stores close, jobs and tax revenue are getting lost — and even Amazon customers are losing something, in the form of a convenient place to check out products.

«GDXJ has intermittently been in jeopardy of losing its preferential tax treatment (as a regulated investment company) since last September because its portfolio often doesn't comply with the diversification requirements of the U.S. Internal Revenue Code,» noted Scotiabank.

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.

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.

The Chartered Institute of Taxation (CIOT) has drawn attention to official figures published today which show that almost five times more tax revenue is lost as a result of illegal activity than through tax avoidance.

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.

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

Many of the same warnings Mario Cuomo heard in the 1980s about Shoreham are the same ones his son hears today from supporters of Indian Point: Closing a nuclear plant will result in blackouts, a less reliable electric grid and increased air pollution as fossil fuels are burned to replace the lost emissions - free nuclear power; customers could face higher bills; more than 1,000 jobs will be lost, and tax revenue for schools and towns will dissipate.

«It is also essential that the Governor and New York business, labor and civic leaders work with President Bush, the New York Congressional delegation, and the leaders of the U. S. House and Senate to secure direct federal assistance for the tax revenue that the state is losing as a direct result of the September 11 attacks,» said Mauro.

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.

Tax revenues will also go up, as the city has already gained back two - thirds of the private - sector jobs that it had lost during the recession and should have them all back in 2013, the budget office projected.

If the economy takes off, and the stock market continues to grow, that could be very positive for New York's economy — offsetting any lost revenue as a result of tax migration.

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.

This means it covers the direct cost of low - carbon subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.

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.

The program provides assistance to school districts that lose out on revenue because of tax - exempt federal property, such as military bases and installations, in their jurisdictions.

Impact Aid provides funding to school districts that have lost local tax revenue (which traditionally funds public schools) due to the presence of federal tax - exempt land, such as military installations, Native American reservations, or national parks.

Here's the answer in a nutshell: you would lose tax refunds related to the calendar year in which you file for bankruptcy, as well as refunds from any earlier years that had not yet been processed by Canada Revenue Agency.

So far, the media coverage of the report, as well as the Parliamentary Budget Officers's report on TFSAs also released Tuesday, has focused on about the billions it will «cost» the government in lost tax revenue.

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)

As MoneySense reported last week, the Broadbent Institute report (entitled Double Trouble) authored by Jonathan Rhys Kesselman found that by the time the existing TFSA framework matures in 40 or 50 years, it will cost Ottawa as much as $ 15.5 billion annually in lost tax revenue and over the same time would «cost» the provinces another $ 9 billioAs MoneySense reported last week, the Broadbent Institute report (entitled Double Trouble) authored by Jonathan Rhys Kesselman found that by the time the existing TFSA framework matures in 40 or 50 years, it will cost Ottawa as much as $ 15.5 billion annually in lost tax revenue and over the same time would «cost» the provinces another $ 9 billioas much as $ 15.5 billion annually in lost tax revenue and over the same time would «cost» the provinces another $ 9 billioas $ 15.5 billion annually in lost tax revenue and over the same time would «cost» the provinces another $ 9 billion.

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.

But the Netherlands, Belgium and Spain have already dropped taxes on air travel, under pressure from the airline lobby, and after the revenues failed to meet predictions due to lost business as travelers made plans to avoid the extra charge.

For example, if the government provides an income tax deduction for using, or not using, some pollution related device, the cost of this in lost revenue short term might be offset or more than offset, by the savings in less damage to the environment, as well as savings in cost of other methods of controlling this same environmental hazard.

Gore, in my view, is accurate on all the key conceptual issues, and does not make errors typical of many politicians, as, for example, the many politicians who claim a tax cut will more than make up for lost revenue by encouraging growth — now that is a fundamental conceptual error, and Gore does not have any of those.