Sentences with phrase «of tax cuts for small business»

Earlier Sunday Cuomo unveiled a series of tax cuts for small businesses.
Governor Cuomo is proposing a phase in of a tax cut for small businesses.

Not exact matches

The legislation reduces levies on owners of small businesses, while also cutting income tax rates for the richest Americans to 37 percent from 39.6 percent.
Cut the top - end tax rate for small business owners to 25 percent, from a rate that's in excess of 39 percent.
To me, and obviously to a substantial number of U.S. businesses both big and small, it is clear that unless America cuts its high business tax rate it will struggle to maintain a competitive edge and remain attractive for investment.
«In terms of actual tax - code adjustments, there will be arm - wrestling and adjustments, but for me, cutting to the chase, the big thing is simplification for my small - business members and small business in general,» said Keith Hall, president and CEO of the National Association of Self - Employed.
The large and accelerating rates of incorporation happened because of the weird interaction of two different populist instincts: (1) Even tax - cutting governments were reluctant to reduce personal income taxes on the top tier of income - earners, for fear of being accused of delivering «a tax cut to the richest Canadians;» (2) Just about every government from Jean Chrétien's onward was eager to cut small - business tax rates, because this seemed to be a handy spur to the plucky spirit of the theoretically job - creating mom - and - pop entrepreneurial class.
The president and others in the meeting, including myself, agree that extending tax cuts for 98 percent of Americans is a way to keep small businesses moving forward.
President Obama announced tax cuts for small businesses that hire new workers or raise current workers» wages, and a special tax credit of $ 4,000 for employers that hire people who have been out of work for more than six months.
Your new business tax credit for small businesses is, however, consistent with the government's previous policy of selective tax cuts for certain groups.
NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).
NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.
Another announcement that will benefit Greater Vancouver Board of Trade Members is today's affirmation that the Provincial Government will cut the small business corporate income tax rate from 2.5 per cent to 2 per cent, which will make B.C. the second-most competitive tax environment for small business in the country.
All told, these three laws contain eight different small business tax cuts, including the exclusion of up to 75 % capital gains on key small business investments, a tax credit for the cost of health insurance for small business employees, and new tax credits for hiring Americans who had been out of work for at least two months.
«This piece of legislation will modernize outdated regulations and cut federal taxes for small brewers, distillers and winemakers across Oklahoma by 50 percent, allowing them to grow their businesses and create more jobs in Oklahoma.»
Meanwhile, Republicans want to cut taxes for businesses by $ 495 million and create a STAR program for small businesses worth $ 275 million while also providing tax relief with the goal of boosting manufacturing in the state.
For the Republicans, voters back the plan to provide sweeping tax cuts and credits to small businesses and a 46 percent approval rating of the chamber where they hold a narrow 32 - 29 majority — an unusually high number given the Legislature's historically awful reputation with New Yorkers.
At the same time, Republicans want to cut taxes for businesses by $ 495 million and create a STAR program for small businesses worth $ 275 million while also providing tax relief with the goal of boosting manufacturing in the state.
Skelos instead has sought to focus attention to a $ 200 package of tax cuts and tax incentives for small businesses in order to stimulate the economy.
Gov. Andrew Cuomo will unveil his proposed 2016 - 2017 budget on Wednesday but he has already previewed the broad outlines of his agenda: a $ 15 minimum wage; investments in infrastructure, downtowns and the environment; a reduction in Thruway tolls; and tax cuts for small businesses.
«Instead of cutting taxes for every small business and middle - class family, New York was one of the few states that was penalized.
«We want to remind people under the Republican majority a budget was passed that ends Medicare in order to fund tax cuts for millionaires... the Republican majority for 24 months has been trying to shut down Planned Parenthood instead of trying to open up small businesses
In September 2010, Congress passed theSmall Business Jobs Act, which provided a number of key tax benefits to American small businesses, such as eliminating capital gains tax on investments in small business, and cutting taxes for businesses that invest in new eqBusiness Jobs Act, which provided a number of key tax benefits to American small businesses, such as eliminating capital gains tax on investments in small business, and cutting taxes for businesses that invest in new eqbusiness, and cutting taxes for businesses that invest in new equipment.
The $ 145.3 billion spending plan increases school aid next year by just under $ 1 billion (which school boards say is not enough) and over the next five years commits to build thousands of units of affordable housing for the homeless, contribute $ 8.3 billion to the Metropolitan Transportation Authority, spend $ 22 billion on upstate roads and bridges, cut taxes for small businesses and create a rebate for Thruway toll payers.
In the days leading up to his annual address to the state Legislature, Mr. Cuomo unveiled proposals designed to ease property taxes for some homeowners, cut taxes on some small businesses, and reduce the burden of college loans for thousands of low - income students.
«Over the past two years we have cut middle class tax rates to their lowest rates in sixty years, cut taxes for small businesses, while at the same time investing like never before in our institutions of higher education,» Cuomo said.
«Forcing small business owners to shoulder an unprecedented $ 15 minimum wage burden will have greater negative ramifications than the governor's tax cut proposal can make up for,» said Brandon Muir, executive director of Reclaim New York Center for Government Reform and Accountability.
ALBANY (AP) New York Gov. Andrew Cuomo is calling for a 4 percent small business tax cut, the latest in a flurry of proposals as he unveils his 2015 agenda.
ALBANY, N.Y. (CBSNewYork / AP)-- New York must raise the minimum wage, cut small - business taxes, ease the burden of high property taxes and invest big in transportation, Gov. Andrew Cuomo said Wednesday in a sprawling address that laid out a long list of priorities for 2015.
And politicians, especially a canny chancellor, are mindful of the importance of constituencies other than the public, with cuts in corporation tax and extra business rate relief for small businesses announced yesterday.
Governor Andrew Cuomo has spent the days leading up to this joint State of the State and budget message rolling out a number of new programs and proposals, including an anti poverty agenda that includes raising the minimum wage, and tax cuts for small businesses.
«As a key part of our 2015 Opportunity Agenda, we will cut small business taxes to their lowest rate since 1917 and will ensure Empire State is truly open for business
'' The agreement includes support for a comprehensive New York Works Agenda that will create thousands of jobs with new investments in New York's infrastructure; passing a fair tax reform plan that achieves the first major restructuring of the tax code in decades, resulting in a tax cut for 4.4 million middle - class New York taxpayers; approving $ 50 million in additional relief for areas devastated by recent floods; and reducing the MTA payroll tax to provide relief for small businesses
But the way the deal was done — with a promise - busting tax increase to help pay for an election - year middle - class tax rebate, and a minimum - wage boost coupled with a tax cut for small businesses — was a vivid illustration of the genius and the expediency of the Andrew Cuomo method.
It follows a series of positive spots highlighting Faso's long - standing commitment to his community — he's lived here for 33 years — and his fiscal record of cutting taxes and closing budget deficits and outlining his key reform principles to help small businesses, notably simplifying the tax code, ending corporate welfare, investing in small businesses and ending Washington's regulatory madness.
WASHINGTON - WASHINGTON — House Republicans on Thursday easily passed their version of a sweeping $ 1.5 trillion tax overhaul that sharply cuts taxes for corporations and small businesses and lowers many individual rates in a bid to spur economic growth and boost paychecks.
The agreement includes support for a comprehensive New York Works Agenda that will create thousands of jobs with new investments in New York's infrastructure, passing a fair tax reform plan that achieves the first major restructuring of the tax code in decades resulting in a tax cut for 4.4 million middle class New Yorkers taxpayers, approving $ 50 million in additional relief for areas devastated by recent floods, and reducing the MTA payroll tax to provide relief for small businesses.
«Instead of cutting taxes for every small business and middle - class family, New York was one of the few states that was penalized,» she said.
According to a Fraser Institute analysis, the increase in pension premiums, spread out over several years, «will more than wipe out the benefits» of the Trudeau government's key tax talking point, the famous middle - class income - tax cut that Finance Minister Bill Morneau keeps referring to as background justification for tightening tax rules for private corporations and small - businesses.
The update also accounted for some adjustments the government announced last week to its package of tax proposals, including the fiscal impact of its promised tax cuts for small businesses.
«The $ 2 million fund to support the development of the hub sits alongside a range of measures we have put in place to drive jobs growth and foster our leadership in emerging industries — including the $ 200 million Future Jobs Fund, Job Accelerator Grant and payroll tax cuts for small business
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