Sentences with phrase «lower federal revenue»

The population also will suffer indirectly, by lower federal revenue sharing with U.S. states and cities.

This will result in much lower federal revenues.

Not exact matches

Low rates could also help shrink the federal budget deficit by easing the government's borrowing costs and generating tax revenue from stronger growth, Bernanke argued.

The province also has the lowest per - capita revenues, at $ 8,369, partly due to relatively low levels of transfers from the federal government.

Two weeks after Redford's remarks, federal Finance Minister Jim Flaherty told reporters lower government revenues follow from lower commodity prices like «night follows the day,» meaning a hard line of spending as he approaches his own coming budget.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Ontario has the lowest per - capita program spending among provinces and the lowest total government revenue per person among all Canadian provinces, including funding from federal transfers.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

If the Conservatives hadn't touched the federal corporate tax rate when they took office in 2006 — if they'd kept it at 21 per cent instead of lowering it to 15 per cent — government revenues would be $ 13 billion higher, the Canadian Labour Congress argued in a paper last January.

In summary, the likely results of sales - tax harmonization would be: huge savings for business, mostly unrelated to productivity - enhancing investment; slightly higher consumer prices;  lower provincial revenues; and $ 5 billion less for important federal programs.

Federal cabinet ministers and Neil Reynolds have boldly asserted that lower CIT rates will increase CIT revenues.

According to opinion surveys, no institution save the Internal Revenue Service is held in lower regard than the Federal Reserve.

  In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

As the table below shows federal corporate tax revenues rose to $ 35 billion in 2013/14, but this was still 17 percent below the $ 42.2 billion they were in 2007/8 when our economy and corporate profits were respectively 17 and 15 percent lower (in current dollars).

Of the $ 6.0 billion deterioration in the federal balance to date, budgetary revenues were $ 1.5 billion lower (a decline of 2.1 %) and program expenses were up by $ 5.1 billion (8.3 %).

There is an obvious disparity between the funds made available by the federal government to support free meals for low - income students and the revenue collected by school districts (from federal «paid» meal reimbursements and student payments) to support the very same meals when served to children at higher income levels.

As explained below, two possible uses of school food revenue — subsidizing paid meals and providing competitive foods — raise concerns that low - income children may not be getting the full benefit of the federal reimbursements intended for those meals.

Because of lower - than - expected federal assistance for Medicaid, Albany instituted an across - the - board budget sweep of 1.1 percent, cutting state spending and also siphoning off theoretically separate revenue streams dedicated to specific programs and agencies, like the MTA.

The M.T.A. has been planning to use the revenue produced by the tax to underwrite its application for a $ 2.2 billion low - interest loan from the Federal Railroad Administration.

The state budget in response would expand the role of the executive office and authorize the state budget director to reduce available funds during the fiscal year if federal revenues are lower than projected — including after the legislature signs off on the plan.

«Residents will get every possible deduction that is still available under the new federal tax law, including some that result in lower revenues for state and city government,» Wylde said.

The review stated that the 36 states received the highest share of VAT revenues of N464.5 billion in 2017, followed by N325.1 billion shared among the 774 local governments, while the federal government received the lowest share from VAT proceeds with N139.3 billion.

The state's fiscal picture faces challenges from lower - than - expected revenue growth and the potential for federal cuts and tax changes, according to Comptroller Tom DiNapoli's office.

They agreed with the governor's view that the state will probably have to close a $ 4 billion deficit next year, due to lowered tax revenues and federal health care cuts.

He determined that only policies that considerably raise top federal income tax rates and that redistribute tax revenue to lower - income households are likely to bring large reductions in the total number of Americans that die annually.

Using census data to sort districts within each state by the federal poverty rate among school - age children, the group identified the poorest and richest districts - those with the highest and lowest poverty rates, respectively, whose enrollments compose 25 percent of the state's total enrollment - and matched that information with education revenues from state and local (but not federal) sources.

Ironically, the federal dollars arrived before the recession - induced fiscal crunch hit local revenues from local property taxes, as it takes a year or two, sometimes longer, for depressed property to be assessed at its new, lower value.

But they receive lower allocations of local revenues and federal funds.

The Internal Revenue Service doesn't allow you to deduct private school tuition to lower your federal tax liability.

Deferred Compensation 457 (named for Section 457 of the Internal Revenue Code) is a civil service retirement investment program deferring your federal income taxes until the funds from your investment are withdrawn, presumably when you're in a lower tax bracket.

What they should be saying is that broad - based equity investors were wrong to cheer the Federal Reserve's economic downgrade and subsequent continuation of its money - printing, bond - buying program; in particular, lower economic forecasts by the Fed will likely be accompanied by reduced revenue and lower earnings at the corporate level.

Broadly speaking, when individuals or businesses set up corporate entities in low or no - tax foreign jurisdictions for the purposes of avoiding taxes in their home countries, it raises serious questions about how the federal government should address it, including expanding the responsibilities of the Canada Revenue Agency to tighten enforcement.

Revenue from the tax «would be used to cut the state's sales tax, and to create a Working Families Rebate, based on the federal Earned Income Tax Credit (EITC), to boost the incomes of low - income households.»

Investing in our nation's infrastructure will not only allow the oil and natural gas industry to keep pace with energy demand, it will also help keep energy affordable for the consumer, while creating wellpaying jobs, giving U.S. manufacturers a competitive advantage through lower energy and raw material costs and providing revenue to local, state and federal governments.

In contrast, the federal government of Canada has already pissed away $ 50 billion worth of tax revenue from the oil sands (mostly to lower the GST) while Alberta has saved next to nothing.

President Reagan's «Economic Recovery Act of 1981» lowered federal tax revenues by $ 208 billion, but the GDP grew 3.5 percent during his presidency.

The budget showed federal government revenues in the coming year would be $ 3.4 billion lower than anticipated just four months ago, reflecting the weakest two quarters of economic growth since the 2008 - 09 recession and a steep discount on Western Canadian oil prices.

The Low Income Taxpayer Clinic program is a matching grant program from the Internal Revenue Service that provides federal funds to organizations so they in turn can provide services to taxpayers who are low income or who speak English as a second languaLow Income Taxpayer Clinic program is a matching grant program from the Internal Revenue Service that provides federal funds to organizations so they in turn can provide services to taxpayers who are low income or who speak English as a second langualow income or who speak English as a second language.

Suburban REALTORS Alliance Position The Alliance is opposed to increases in the current transfer tax for the following reasons: 1) As the transfer tax is levied only on buyers and sellers of property, the burden per taxpayer is greater than the burden from a more broad - based tax designed to generate the same amount of revenue; 2) Since public transportation is a benefit that is open to all members of society, the charge should not be placed solely on buyers and sellers of property; 3) The transfer tax adds additional burdens on first - time home buyers saving for a down - payment and covering the closing costs and runs contrary to existing federal, state, and local programs including the mortgage interest deduction, low interest property maintenance loans, and grants to first time homebuyers; 4) A real estate transfer tax is a state and local tax assessed on real property when ownership of the property is exchanged between parties.