Sentences with phrase «more by raising taxes»

But even that is not enough for «Our Schools Now,» a group of Utahns who want to spend hundreds of millions more by raising taxes on working families.

Not exact matches

The Fed has raised rates twice this year and expects to hike again in December and three more times next year, depending on fiscal stimulus including tax cuts planned by Republicans in Congress and in the White House.

But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European economic policy for years: that the path to sustained economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust of bond markets and other investors by displaying commitment to fiscal prudence — even if that process imposes deep economic pain as it plays out.

The budget predicted the fiscal year would end with a thin surplus of $ 197 million, a feat that would be achieved by reducing expenditure growth, raising taxes and selling off more than 100 assets determined to be surplus.

The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.

Remember, if the government gives us a tax cut they'll still have to make up the budget shortfall somehow, chiefly by selling more bonds to American citizens (who happen to be the same people getting the tax cut) or foreigners (who will raise the money by selling us more of their goods and services, or buying less of ours).

During his speech, he explained to the crowd that if the Liberals were elected on Oct. 19, that they would raise taxes by asking Canada's wealthiest income earners «to pay just a little bit more.»

The sales rebound in the aftermath of the removal in 2010 of the home buyers tax credit has raised home sales by more than one - third from the low.

A consumption tax is on the flow of spending and by taxing consumption you raise its price relative to saving thereby fostering more saving resulting in greater investment in productive capital and higher long - term economic growth.

And when creditors turned their economic gains from this process into political power to shift the tax burden onto wage earners and industry, this raised the cost of living and doing business — by more than technology was able to lower prices.

While differences remain in several areas, creditors want Greece to raise the equivalent of 1 percent of gross domestic product more from VAT in 2016 and this could be achieved by raising sales tax on catering to a rate of 23 percent from 13 percent, the two EU officials said.

You see, tax collectors were paid, but were allowed to give themselves pay raises by taxing the people more.

The fact of the matter: we spend more money than we make, and we are in a recession that can be unbalanced by raising taxes.

After raising taxes by more than $ 10 billion last year, Democrats are adding billions more in tax and fee hikes this year.

It's worth remembering that the three Unionist parties» aims in devolving more power was either a) to compel the SNP to raise taxes or b) to make them appear hypocritical by not raising taxes.

«The Democrats must really be struggling when the two candidates for this seat are lawyer - lobbyist Andrew Falk, who took $ 770,000 from Sheldon Silver during his three failed campaigns, and Councilwoman Debbie Carter - Costello, who raised taxes twice and increased spending by more than twice that amount in her first five minutes on the job.

The new tax brackets proposed by Assembly Democrats would raise rates on those making more than $ 1 million a year, as Gov. Andrew Cuomo has outlined in his budget.

State law bars districts from raising taxes by more than 2 percent a year or the inflation rate, whichever is less.

[76] At the conference, Miliband pledged to focus on six national goals for Britain until 2025, including boosting pay, apprenticeships and housing; a mansion tax and levy on tobacco companies to fund # 2.5 billion a year «time to care» fund for the NHS; a commitment to raise the minimum wage to # 8 or more by 2020; and a promise to lower the voting age to 16 ready for elections in 2016.

Gov. Deal has overseen three balanced budgets without raising taxes, saved millions of taxpayer dollars by maintaining Georgia's AAA bond rating, and increased our rainy day fund by more than 500 %.

One thing that surprised me about the Horton analysis is that it didn't even suggest the most obvious way to make the LD policy more redistributive, which is to lower the threshold for the higher rate of income tax by the same amount personal allowance is raised.

The increase in the HRCA covered life assessment would raise this tax by $ 190 million to more than $ 1 billion per year, Adams testified.

He's already said he does not want to raise any more taxes, and he's holding to a commitment to increase spending on schools and health care by 4 % in the new budget.

«The facts are that Ed Mangano has raised taxes 20 percent over the past two years by mismanaging the assessment system and racked up more debt than we have ever had.»

New York City Mayor Bill De Blasio wants to pay for pre-K for New York City children by raising New York City income taxes on households earning more than $ 500,000 saying that if state funding gets cut, pre-K for New York City children will still be funded.

And it is being used to hand the rich a # 523 - a-year tax cut by raising the threshold for higher rate income tax by more than # 2,500.

«After voting to raise taxes on the average Central New York family by more than $ 5500 over the last two years, spending State money so recklessly that New York almost went bankrupt, and approving an increase for people on welfare even if they refuse to work, David Valesky should be spending his time apologizing to Central New Yorkers, not arranging for payoffs, which secure his ability to further damage our region and state.

Another pet project of de Blasio's, which would raise taxes on New Yorkers making more than $ 500,000 per year and use those funds to finance pre-kindergarten and after - school programs, was also shot down by Cuomo.

The new bank levy announced by the Chancellor George Osborne will raise more than double the # 1bn he said would be generated from such a tax when outlining his plans prior to the election - or # 2.5 bn a year by 2013/14.

One question focused on possible reasons to vote for «Woodstock,» citing reasons like fighting to improve the economy by taking on big businesses and monopolies, pushing for campaign finance reform, increasing education funding, changing the tax code to require the wealthy and large corporations to pay more and raising the minimum wage.

It is possible for one to actually raise more revenue by reducing taxes to stimulate production.

The state's tax cap, which exempts New York City, makes it difficult for localities and school districts to raise property taxes by more than 2 percent or the rate of inflation, whichever is lower.

Cuomo said recently the cap has a «built - in relief valve» that lets voters override if they feel the need to raise taxes by more than 2 percent.

June 15th 2009 - The Calman Commission, chaired by the University of Glasgow's chancellor Sir Kenneth Calman, calls for the Scottish parliament's accountability to be improved by giving it more responsibility over the raising of tax revenues.

Some 94 per cent believe that the deficit in the public finances should be tackled more by cutting spending than raising taxes, while only 2 per cent disagree.

«We can generate more revenue from this tax simply by making it more transparent and equitable, without having to raise rates.»

De Blasio cites the city's 21 % poverty rate as proof of this, and he campaigned on closing the gap by pushing real estate developers to build or preserve 200,000 affordable homes and creating a universal pre-K program for the poor, funded by raising taxes on those who make a $ 500,000 or more.

A bid by London's City Hall and town halls for more power over the capital's finances would not raise any more money, and was not about «snatching lots of taxes from the Treasury» Boris Johnson has said.

It widened the divide between Labour and the Tories further by raising inheritance tax to 60 per cent for estates worth more than # 1m, in order to balance out extensive public expenditure cuts.

Across the U.S., states have reduced spending by $ 74 billion since 2008 and more than half raised taxes and fees in 2009, the National Association of State Budget Officers has reported.

For all the human misery they have caused, the household benefit cap is forecast to save just # 110m a year by the DWP, while the bedroom tax will raise just # 490m (and both, as analysts have warned, may end up costing more than they save by increasing homelessness and other social ills).

Vos said he was disappointed with the road funding — he had pushed for raising more revenue by raising the gas tax or raising vehicle - registration fees rather than borrowing more money — but pledged that the Assembly would not return to the floor next week to adopt any Senate changes.

Cuomo has proposed far more sweeping changes to the state's tax code that he says are needed to soften the blow of the new federal tax law, which will raise the federal taxes of many New Yorkers by capping a deduction for state and local taxes at $ 10,000.

If they make me pay more taxes then I just raise my fees for my clients by the same amount.

Analysis by the charity Care and the Centre for Social Justice has shown that a transferable tax allowance is more pro-poor than the Coalition's flagship tax policy of raising the starting threshold for paying income tax.

A week after severe spending cuts by the Town Board yielded a preliminary 2012 municipal budget that would raise taxes by about 4 percent for the general fund, Woodstock supervisor Jeff Moran acknowledged that he had miscalculated a mandatory expenditure and, as a result, the projected tax increase was actually more than 7 percent.

It would allow schools, counties, towns, cities and other local governments outside New York City to raise their property taxes by no more than 2 % a year or the inflation rate, whichever is lower.

The interviews given by leading Lib Dem MPs over the weekend suggest that their narrative at the next election will go something like this: «We have protected the poorest and most deserving by raising the personal tax allowance, providing the biggest ever increase in the state pension, and giving schools a «pupil premium» - more money for every child on free school meals.

Nevertheless, the WFP's overtures presented him with a new dilemma: His «New Democratic Party» platform includes a pledge not to raise taxes and a promise to enact legislation capping future increases in local property taxes that directly contradict WFP tenets which seek more funding for education and social welfare programs by raising taxes on the wealthy.

A Cuomo administration budget official said the proposed payroll tax also could be used to raise more revenue by seizing some of the tax cuts promised to corporations and the wealthy under the federal tax law, as a way to shore up state finances.