Sentences with phrase «need more tax revenue»

We don't need more tax revenue in order to cut CO2 emissions, we need to shift more of the total tax burden onto dirty energy, and to do so without harming low - and middle - income families.

We'll need more tax revenue to reach a budget deal in January.

Not exact matches

While falling oil prices spurred discussion of a provincial sales tax to help plug the hole in the province's royalty revenues, Alberta needs to consider more consequential measures.

The state and federal money is expected to help several suburban communities improve their recreational facilities, thus attracting more residents and much - needed tax revenues.

With property tax caps and restrictions on bonding authority, park districts must rely all the more on popular programs that residents crave to generate needed revenues, officials say.

With the 2 percent limit on local property - tax levies in place, Comptroller Tom DiNapoli said that local governments may need to rely more on sales tax revenue to balance their ledgers.

Heastie, too, echoed what Gov. Andrew Cuomo has claimed: Extending tax rates on those making $ 1 million and more due to expire at the end of the year is needed to generate revenue for a phased - in middle class tax reduction taking effect in the coming fiscal year.

The Managing Director of IMF, Christine Lagarde, advised government to ensure fiscal discipline and the need to restructure the tax system for more revenue generation.

The report published by the committee, called Revenue and Customs: Dealing with the tax obligations of older people, says that the elderly are poorly served by HMRC and that over 2 million are paying more tax on their savings than they need to.

For a more comprehensive look at the state's revenue and budget challenges, see the Fiscal Policy Institute's 2018 - 2019 budget briefing book, which includes a discussion of many other progressive pro-revenue tax proposals which would generate billions of dollars that New York needs to remain competitive in the future.

The state may need to find more revenue or cut spending if a Republican tax plan as written that ends or limits the deductability of state and local taxes is approved in Congress, Gov. Andrew Cuomo said on Wednesday in a conference call.

New York State Comptroller Tom DiNapoli says he'll need to see more details and end of the calendar year state revenue figures before deciding whether the state can afford $ 2 billion in new tax cuts that Governor Cuomo is likely to propose.

Tax Reduction — With more jobs and more revenue coming in, theoretically, the government will need less money and can send some back to residents, Dilan said.

The Legislature gave itself permission to raise taxes above the state tax cap limit, in case it needs more revenue for the 2018 County Budget

«Despite reductions in the tax revenue forecast and minor reductions in state aid, the budget adds more than $ 700 million in new agency needs in fiscal year 2018,» Kellermann said.

«Almost $ 1 billion in new agency needs over two years and more than $ 5 billion in new capital commitments over the next five years have been added since the preliminary budget in January, yet nonproperty tax revenues have been reduced and reserves have not been increased.»

To raise this amount of money, Livingstone would need to find more funds from the council tax precept, and more revenue from TfL.

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.

«For a decade or more, Amazon has profited at the expense of communities nationwide by depleting much - needed sales tax revenue from states and cities while trying to maintain a significant competitive advantage over Main Street retailers,» said Oren Teicher, CEO of the ABA.

When you're self - employed, you typically need to make quarterly income tax instalments to the Canada Revenue Agency if your tax owing is more than $ 3,000 in two consecutive years.

The need for tax revenues will be significant, and more so as we proceed into the 2020s.

With the federal deficit now estimated to come in at $ 18 billion (or more), there is nervous speculation that Finance Minister Bill Morneau may go beyond the specific tax changes already detailed in the Liberal pre-election platform and introduce new measures in his March 22 budget to raise much needed tax revenue.

Without the revenue from tourism, every American household would need to pay $ 1,093 more in taxes, says the U.S. Travel Association.

Businessman Tom Wolf, Corbett's Democratic challenger, says a 5 percent «severance tax» on the value of natural gas produced within its borders would provide desperately needed revenue — up to $ 1 billion annually — for the state's budget, and more specifically, its education fund.

This would create a floor price for carbon pricing which would lead to more predictability (which is needed when you're investing billions in power plants), but the level of that price (not too low) and whether it will be revenue - neutral will make a lot of difference.Since taxing something is a good way to get less of it (f.ex.

But some are cautiously arguing there could be a green silver lining: The obvious need for new federal revenues may begin to make a carbon tax a more viable policy option.Here's ClimateWire:

To find out more about whether you need to file a tax return, you can contact the nearest Canada Revenue Agency office, listed in the Government blue pages of your telephone book.

if you earn more than the amount of the personal exemption allowed by Canada Revenue Agency within one tax year, you will need to report that income on your annual tax return

Globally, the dominant economic intervention affecting food pricing is national taxation on food to raise general revenue.17, 18 In Australia, the basic foods required to maintain health were mostly exempted from the Goods and Services Tax (GST), and the price of these foods was expected to fall after the introduction of the new tax system in 2000.19 However, in Queensland from 2000 to 2001, the price of a basket of healthy foods increased by 12 %, more than twice that of less healthy options.20 This highlights the unpredictability of complex economic systems and the need for rigorous testing of economic solutions to increase access to healthy food.18 Such testing is imperative within remote communities, but baseline data are not readily available as Australia lacks a comprehensive food and nutrition monitoring and surveillance systTax (GST), and the price of these foods was expected to fall after the introduction of the new tax system in 2000.19 However, in Queensland from 2000 to 2001, the price of a basket of healthy foods increased by 12 %, more than twice that of less healthy options.20 This highlights the unpredictability of complex economic systems and the need for rigorous testing of economic solutions to increase access to healthy food.18 Such testing is imperative within remote communities, but baseline data are not readily available as Australia lacks a comprehensive food and nutrition monitoring and surveillance systtax system in 2000.19 However, in Queensland from 2000 to 2001, the price of a basket of healthy foods increased by 12 %, more than twice that of less healthy options.20 This highlights the unpredictability of complex economic systems and the need for rigorous testing of economic solutions to increase access to healthy food.18 Such testing is imperative within remote communities, but baseline data are not readily available as Australia lacks a comprehensive food and nutrition monitoring and surveillance system.