Sentences with phrase «lost tax revenue with»

Not exact matches

Lost revenues from tax cuts, twinned with greater government spending, mean more borrowing to fund deficits.

«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.

Provoked by a comment by Spady that «any taxes that causes Safeway to lose jobs is a bad one,» Sawant responded with a prepared talking point that Safeway is owned by Albertson's, which has $ 59 billion in annual revenues.

Compounded with increasing the cooperate tax rate, losing revenue neutrality is a competitive disadvantage for B.C.'s businesses including energy intensive trade exposed sectors.

In an era where marginal tax rates are already much lower than in the 1970s and with looming deficits, the promise that growth effects will make up for the lost revenue will only fool those who want to be fooled — and 2012 proved that they are not numerous enough.

This resulted in an employment decline of almost 1,200 workers, with $ 80 million in lost gross domestic product and a $ 4.5 million loss in local tax revenue.»

To quell theprotests, clubs have experimented with a variety of methods to increase income.Some catered to outside parties, but a year ago the Internal Revenue Serviceruled that any private club that derived 25 % of its income from nonmemberswould lose its nonprofit tax status.

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.

The city wants the state to move forward with private development of the tax - exempt land or compensate it for the lost revenue.

«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.

Sen. Terrence Murphy may launch an investigation into the Cuomo administration's agreement with Entergy to close the Indian Point nuclear plant unless questions he has about the deal are answered, including how local governments will replace the tax revenue they'll lose once the facility closes.

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 GOP is using the additional revenue gained by capping the SALT deduction to lower taxes for its constituencies (i.e. corporations and those with large estates to pass on) while keeping the total revenue lost below the $ 1.5 trillion limit that Republicans set.

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.

Rep. Whit Betts, R - 78th District and the delegation's senior member, said he'd call for eliminating the state income tax on Social Security, and contended that doing away with public campaign financing would offset most or all of the lost revenue.

But with the legislative session drawing to a close next month, Gov. Andrew Cuomo said Monday that he doesn't «expect any action this year,» meaning the state will lose out on tax revenues that state Sen. John Bonacic (R - Orange County) has estimated at $ 10 million to $ 30 million a year.

ALBANY — State Sen. Terrence Murphy says he may launch an investigation into the Cuomo administration's agreement with Entergy to close the Indian Point nuclear plant unless questions he has about the deal are answered, including how local governments will replace the tax revenue they'll lose once the facility closes.

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

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.

Lost revenues from tax cuts, twinned with greater government spending, mean more borrowing to fund deficits.

«Tax expenditures» are estimates of tax revenues that the government «loses» when the tax code allows taxpayers to reduce their gross income with specific deductions to arrive at a lower «adjusted gross income.&raqTax expenditures» are estimates of tax revenues that the government «loses» when the tax code allows taxpayers to reduce their gross income with specific deductions to arrive at a lower «adjusted gross income.&raqtax revenues that the government «loses» when the tax code allows taxpayers to reduce their gross income with specific deductions to arrive at a lower «adjusted gross income.&raqtax code allows taxpayers to reduce their gross income with specific deductions to arrive at a lower «adjusted gross income.»

Another $ 53.9 billion was in lost revenue from tax incentives — with the bulk coming from the foreign tax credit companies can claim for taxes or royalties paid to other countries.

A whole good idea would be to make a payroll - tax holiday the first step in an orderly transition to scrapping the payroll tax altogether and replacing the lost revenue with a package of levies on things that, unlike jobs, we want less rather than more of — things like pollution, carbon emissions, oil imports, inefficient use of energy and natural resources, and excessive consumption.

They want to burden the public with having to make up the lost tax revenues.

Tax managers oversee taxation planning, documentation, and returns to minimize lost revenue and ensure payment of the lowest possible taxes in accordance with laws and regulations.

The majority of the costs are associated with negative consequences for the children of teen mothers, including health care costs, foster care, incarceration, and lost tax revenue.

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.