Sentences with phrase «more tax revenues through»

Matt Yglesias raises an important point here about conservatives who can't abide any increase in tax rates but will entertain raising more tax revenues through reductions of tax expenditures — that cool trillion or so we forgo in tax revenue each year through various favored activities in the tax code, like the mortgage interest deduction or the... Read more

Not exact matches

On the revenue side, CBO projects individual income tax revenue will remain relatively steady at about 8.3 percent of GDP through 2021, rise gradually to 8.7 percent by 2025, and then rise more rapidly to 9.8 percent of GDP by 2028.

Subsequent tax incentives in the 1980s (such as Section 1042 of the Internal Revenue Code) allowed owners of privately held businesses to defer their capital gains taxes when they sold more than 30 % of C corporations to the employees and managers through ESOPs or eligible worker cooperatives.15 Often, retiring entrepreneurs would sell 100 % in stages so that they could fully retire if they had no heir to operate the company or the family wished to cash out on their stake.

If the Government was seriously considering a discriminatory tax on a particular food or drink to either raise revenue and / or attempt to tackle the growing waistlines of Australians, then the industry would recommend a broader tax reform through the GST, an increased emphasis on raising people's awareness of the whole diet, and programs to get people, especially kids, more physically active.

Silver was more vague about other revenue sources that could end up in the budget, saying the money will come through the closing of loopholes and payments deferrals, including delayed payments of tax credits to businesses.

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.

As mayors prepared to make their case, the state School Boards Association released a survey that found work force costs in schools outside the state's major cities are on track to grow an average of more than $ 1 billion annually by the 2013 - 14 school year; revenues under a tax cap, however, would grow only $ 229 million per year through 2013 - 14, on average.

With $ 30 billion more in state revenue, we could restore full funding for public schools and colleges, pay for the state mandates on local governments through increased revenue sharing, cut regressive local property and sales taxes, and build the infrastructure and services of the Green New Deal.

Aside from the county's decision to use reserves from the sewer stabilization fund, an attempt to bring back about $ 120,000 more in revenue to the East End, generated through the county's hotel / motel tax, stalled in the Legislature's economic development and energy committee.

Year - over-year tax collections from the personal income tax and sales tax in 46 states have grown by more than 10 percent from April through June, but revenue on the local level remains stagnate compared to last year, The Rockefeller Institute for Public Policy found.

He said that Nigeria has a unique population to generate more money from the population through taxes noting that we can use the densely population to generate more money through taxes, levies and other internally generated revenues.

The deals cost more than the government can never hope to recoup through increased tax revenues, he said.

UFT President Michael Mulgrew on Dec. 9 called for closing tax loopholes that benefit non-resident owners of luxury properties to raise revenue to bring class sizes in kindergarten through Grade 3 down to no more than 15 children.

The New Deal for NY has been working over the last year to fight for progressive revenue raisers in New York, including the extension of the Millionaire's Tax, through direct action, coalition building, and more.

The states where pot is legal have seen millions of dollars in extra tax revenue and saved even more by putting fewer people through the criminal justice system, James said.

House Republicans have signaled for months that their proposed tax breaks won't be as substantial as the Senate, whose tax changes would eat up more than $ 1 billion in revenue through mid-2019.

Due to the passing of the law in California, which was purported to bring in around $ 317 million annually in sales taxes, Amazon cancelled its affiliates program in that state and cut over $ 200 million of revenue generated through its more than 10,000 small - business partners.

Yesterday's report also said the Social Security trust fund will begin to spend more money than it takes in through tax revenue in 2016, one year sooner than predicted a year ago.

And all of these options would spread even more rapidly if we stopped subsidizing Big Oil and Coal and put a price on carbon that reflected the true cost of fossil energy — either through the much - maligned cap - and - trade approach, or through a revenue - neutral tax swap.

His debate will explore worries that the tax system is skewed in favour of online businesses, which are often difficult to tax effectively, at the expense of more traditional businesses, which face business rates and tend not to have elaborate tax arrangements which bounce their revenue through several countries.

However, these plans are not fully developed and tax policy experts believe that as tax reform moves through the legislative process, more provisions will be eliminated to help keep tax reform revenue neutral.

The state relies more heavily on tourism for revenue through its 4 percent sales and various use taxes than any other state in that region.