Actually, I don't want to get into a long thread on carbon taxes (Richmond's in front of Sydney), but my main point of difference is that you assume that any carbon price is necessarily a significant burden on an economy, but what if carbon pricing is part
of a broader tax reform agenda with a shift in taxes from, say, income and company taxes to carbon pricing?
Schumer said he took a similar approach in 1986 when he was a New York House member and broke ranks with Democrats who wanted to repeal the state and local tax deduction (SALT) as part
of a broader tax reform package.
Schumer said Trump would likely face the same resistance that former President Ronald Reagan did in 1986 when he proposed eliminating the state and local property tax deduction as part
of a broad tax reform plan.
Not exact matches
Deprivation angered Greek voters, destroying any possibility
of building a
broad consensus on sensible economic
reforms — such as creating a
tax system that would force the some
of the world's most notorious
tax dodgers to contribute to the running
of the government.
«The collapse
of the Senate's healthcare strategy is a near - term negative for the GOP's
broader legislative agenda, but we contend that failing to pass health care legislation dramatically increases the sense
of urgency surrounding the
tax reform conversation,» Boltansky wrote.
U.S.
tax reform discrete impacts On December 22, 2017, the United States enacted
tax reform legislation that included a
broad range
of business
tax provisions, including but not limited to a reduction in the U.S. federal
tax rate from 35 % to 21 % as well as provisions that limit or eliminate various deductions or credits.
In the letter, Republicans applauded the Trump administration's successes on
tax reform, but warned that «adding new
taxes in the form
of broad tariffs would undermine this remarkable progress.»
On Wednesday, at a White House press briefing, National Economic Council Chair Gary Cohn and Treasury Secretary Steve Mnuchin unveiled the
broad outlines
of President Donald Trump's
tax reform plan.
Support for something like Mike Lee's
tax reform has
broad support outside the base
of the base.
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.
• Adopting business
tax reform - including
broad - based rate reductions, elimination
of special fees and assessments on business, and streamlining
tax administration and compliance burdens.
«The Governor and key legislators have set a positive tone for 2014 but there are also renewed calls for increased state spending, new
taxes and new employer mandates,» said Heather C. Briccetti, Esq., president and CEO
of The Business Council
of New York State, Inc. «We believe it is important for New York to maintain its focus on state spending restraint and
broad - based
reforms.»
Obviously, our main focus is on the Executive Budget's business
tax reform provisions, but the
broad scope
of the budget's spending and programmatic initiatives affect many
of our members, and I have attached an overview
of other significant Executive Budget provisions
of concern to The Business Council members.
Finally, we strongly oppose any temporary increase in, or surcharge on, any
of our
broad based
taxes without a prior commitment to significant spending restraint and other fiscal
reforms to provide long term stability, and affordability, to the state's budget.
The issue is now likely to be mixed into the
broader, end -
of - session negotiations in Albany, which include rent
reform, the 421 - a
tax break and an education
tax credit for religious schools.
«I think some
of the governor's economic development — the
broad - based
reforms to the business climate and the more tactical, programmatic work like regional councils and START - UP are taking hold, and you're seeing the positive effect in the vibe
of people, in the comments
of people,» Adams said, referencing a system
of tax - free zones rooted in public universities.
The proposal is merely a stop - gap, in lieu
of broader reform of the city's property
tax system, which the mayor has promised but has been slow to act on.
An unusually
broad coalition in Michigan is urging voters next week to tackle the state's long - running problems
of high property
taxes and unequal school spending by linking them together under the banner
of statewide
tax reform.
The organized CEOs would play a major role throughout the 1980s lobbying for K - 12
reform, as part
of a
broader agenda to limit
taxes and state spending.
However, no other
tax legislation in history has had such a profound and broad impact on the landscape than the Tax Reform Act of 19
tax legislation in history has had such a profound and
broad impact on the landscape than the
Tax Reform Act of 19
Tax Reform Act
of 1986.
In the Canadian dollar's defense, there is still modest scope for optimism: Energy prices have room to potentially nudge higher (although much
of the good news is already in the oil price), fears
of a border adjustment
tax have faded alongside expectations for
broad - based
tax reform, and net speculative positioning in the Canadian dollar is already particularly bearish (see the chart below).
Broad - based equity markets have been on a rollercoaster ride since Jan. 30, 2018, as market participants appear to be reassessing the impact
of inflation and potential consequences from the recent
tax reform.
More importantly, a «fee» legal structure limits the uses
of revenue from the policy to addressing carbon / pollution issues, not
broader issues like rural economic development (as in 6203) or
tax reform (as in I - 732).
The Senator's willingness to discuss an array
of options for use
of the carbon
tax revenue is a helpful invitation to his colleagues
of both parties to fold carbon
taxes into
broader tax and regulatory
reform.
There is also ample scope for
reforming tax systems to deal much more effectively with
broader environmental and related problems that can be a significant drag on economic growth, such as the health and productivity impacts
of poor air quality, and severe congestion
of major urban centers.
«The number - one
tax related concern
of small businesses today is the possible elimination
of deductions and credits without an offsetting reduction in
tax rates,» stated NSBA Chair Pedro Alfonso
of Dynamic Concepts, Inc. in Washington, D.C. «The need for
broad tax reform — and not just a tinkering here and there — is a real need for millions
of American small businesses.»
«Now that the Republicans have provided the skeleton and offered a
broad outline for
tax reform, the important part
of negotiation begins in order to flesh out the vast details,» said Daniel D. Mennenoh, president
of the American Land Title Association (ALTA), in a statement.
«NAR remains concerned that the overall structure
of the
tax reform bill poses problems for homeowners and the broader housing market, but the conference committee has made some important improvements to the House and Senate legislation outlined below that ultimately will benefit some homeowners and communities,» according to NAR in a statement on its Tax Reform pa
tax reform bill poses problems for homeowners and the broader housing market, but the conference committee has made some important improvements to the House and Senate legislation outlined below that ultimately will benefit some homeowners and communities,» according to NAR in a statement on its Tax Reform
reform bill poses problems for homeowners and the
broader housing market, but the conference committee has made some important improvements to the House and Senate legislation outlined below that ultimately will benefit some homeowners and communities,» according to NAR in a statement on its
Tax Reform pa
Tax ReformReform page.
There also is a myriad
of pending
tax issues falling victim to a Congress that still claims to have
broad tax reform on the agenda, but never seems to find the right time to explore it (as the country is always just a year or two from the next election).
On Wednesday, September 27, 2017 the «Group
of Six» consisting
of Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, Speaker
of the House Paul Ryan, Senate Finance Committee Chairman Orrin Hatch, House Ways and Means Committee Chairman Kevin Brady and National Economic Council Director Gary Cohn will release a
broad tax reform outline.