Sentences with phrase «lost tax revenue because»

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.

Not exact matches

«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 the short term, states would likely lose some tax revenue by creating a State GRA because contributions would be tax - deductible and State GRAs would likely entice some workers to save earnings that would have otherwise been taxed.

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 Internal Revenue Service today announced that approximately 275,000 organizations under the law have automatically lost their tax - exempt status because they did not file legally required annual reports for three consecutive years» (http://www.irs.gov/uac/IRS-Identifies-Organizations-that-Have-Lost-Tax-Exempt-Status%3B-Announces-Special-Steps-to-Help-Revoked-Organizations)

On another occasion when after a revival in Wales the clergy resolved to put away their concubines, the bishop actually forbade them because he would lose the revenue derived from the tax on such infractions of the canon law.64 The abolition of clerical concubinage was a major item on the docket alike of the Protestant and the Catholic reformers of the sixteenth century.

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

«If we did lose this revenue, because we'd still be required to provide the programming, we'd have to either cut from elsewhere in county government or raise taxes,» Poloncarz said.

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.

Mr. Dunleavy, who has been critical of the proposed zone change in the past, said after the event that he supports the Family Community Life Center, but on the issue of the housing, he said the town needs to get payments in lieu of taxes from the church, because the town is losing $ 500,000 to $ 600,000 per year in tax revenue otherwise.

The state will provide up to $ 30 million to communities that lose property tax revenue because an electric generating plant closes if the Legislature approves a state budget bill printed yesterday.

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.

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.

But because a lot of Indiana schools are losing money because of a statewide property tax cap — more than 30 lost enough revenues to qualify for state help — you really need a working knowledge of how a district's budget gets built.

Then there are the efforts to discourage defined benefit plans, which came about because the IRS felt that they were losing too much tax revenue to overfunded plans.

Because the federal government allowed you to spend your entire working life depositing untaxed income into 401k accounts, the IRS wants to recoup some of that lost tax revenue at some point — and this is why RMDs exist.

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.

The government, likewise, says it doesn't know how much tax revenue it may be losing because sellers are inappropriately claiming the capital - gains exemption on a primary residence when they don't actually live in Canada.

Couple this with the additional tax revenue that will be aversely affected by Airbnb, and the same folks that govern rentals will be looking to kill Airbnb because of the lost revenue.