Sentences with phrase «over the tax break»

Onondaga County Executive Joanie Mahoney is urging Mayor Stephanie Miner not to appeal a judge's dismissal of the city's lawsuit against COR Development Co. over tax breaks for the company's $ 342 million Syracuse Inner Harbor project.
Higgins said he and other Democrats proposed an amendment that prioritizes protecting the air and water over tax breaks for the wealthy.
Plus, candidates for supervisor and Town Board spar over tax breaks for the Glasco affordable housing development, the Opus 40 preservation effort, and property taxes.
We should not be leaving the fate of millions of families in rent regulated apartments in limbo over a tax break for hedge fund billionaires to send their kids to lavish prep schools.»
In the Hempstead IDA debacle over tax breaks for the Green Acres Mall, Santino called for the IDA board to resign and new members were appointed.
The city of Syracuse, which named COR as its developer, is now suing COR over tax breaks for the Inner Harbor project that the company obtained from Onondaga County's industrial development agency.
Congel had previously clashed with Miner over tax breaks for an expansion of the mall, and she urged the county agency to reject the developer's request for tax breaks for the hotel.
The state comptroller's office will audit the Hempstead Town Industrial Development Agency and Valley Stream School District 30 after a controversy over tax breaks granted to the Green Acres Mall.
She's not saying exactly, but Mayor Stephanie Miner appears to have raised the white flag in her losing legal battle with COR Development over tax breaks for the company's $ 342 million Syracuse Inner Harbor project.
Syracuse, N.Y. — She's not saying exactly, but Mayor Stephanie Miner appears to have raised the white flag in her losing legal battle with COR Development over tax breaks for the company's $ 342 million Syracuse Inner Harbor project.
Miner sued the developer over tax breaks for their Inner Harbor project in January.
The introduction of an ordinance comes several months after the city lost a lawsuit with COR Development Co. over tax breaks and local hiring requirements.

Not exact matches

The city of Newark meanwhile is also offering a local property tax break that could save the company another $ 1 billion, and is also offering to waive $ 1 billion worth in wage taxes for employees over 20 years.
But Trump's upset victory over Democrat Hillary Clinton in the Nov. 8 presidential election has cast doubt on the future of a federal tax break for renewable energy seen critical to the industry's continued growth.
There can be numerous advantages to picking one place over another, he said — several states have no income tax, and others have tax breaks on retirement income and on real estate taxes for older residents.
To get ahead of that, he said, consider accelerating your charitable donations to capture the current tax benefit or use a donor - advised fund, which lets you make a charitable contribution and receive an immediate tax break but then distribute the funds over time.
In early October, Gov. Chris Christie and legislative leaders said they would offer Amazon tax breaks worth $ 7 billion over the next decade if the company decides to build there, according to Bloomberg.
The company says the campus will bring 50,000 jobs over the next two decades, and most of the 20 finalist cities have said they are offering economic incentives to lure the tech giant — for example, New Jersey has said it wants to award Amazon $ 7 billion in tax breaks if it chooses the Newark area.
It changes numerous deductions and tax breaks and is expected to add $ 1 trillion or more to federal budget deficits over a decade, according to congressional estimates.
Republican presidential nominee Donald Trump has steadfastly refused to release his tax returns, breaking an over 40 - year tradition followed by major party candidates.
It has proposed funding the improvements with $ 200 billion in tax breaks over nine years that would — in theory — leverage $ 1 trillion worth of construction.
Nevada more than doubled that — $ 1.25 billion over 20 years, including a near total tax break for the first decade.
Annual IRA limits may seem small, but combined with tax breaks and compounding, your savings can add up significantly over time.
As economist Andrew Jackson explains, Canadians with income over $ 200,000 took over 85 per cent of this nearly $ 7 - billion tax break last year.
Boston officials approved $ 5 million in property tax incentives over 15 years for Amazon to occupy its Seaport offices, and have dangled another $ 5 million in breaks if the company agrees to more local expansion and job creation.
The political calendar in Washington — where Republicans are occupied with a make - or - break debate over tax legislation — means there is little prospect of a dramatic breakthrough or angry walkout in Mexico City this week.
The report said that over the eight - year period just 25 companies claimed $ 286 billion in tax breaks.
Taking the cost of the equipment as an immediate expense deduction allows the business to get an immediate break on their tax burden whereas capitalizing then depreciating the asset allows for smaller deductions to be taken over a longer period of time.
While the tax code is currently projected to offer over $ 18 trillion of tax expenditures over the next decade, the current Senate tax bill cuts just $ 3.7 trillion of tax breaks.
Fact: Over half of the tax breaks handed out go to the wealthiest 20 per cent of British Columbians, and the poorest 40 per cent of people in B.C. won't receive a dime.
Fact: People who make less than $ 72,000 will see less of a benefit than those who earn more, with over half of the tax break going to the richest 20 per cent of people.
According to the Joint Committee on Taxation (JCT), the SALT deduction costs over $ 100 billion this year; by comparison, the mortgage interest and charitable giving deductions, two other large tax breaks, cost $ 65 billion and $ 60 billion, respectively.
It would not surprise us to see issuance climb to over $ 55 billion by year - end, and it could break the existing record for issuance (December 1985: $ 58 billion — when issuers were trying to beat the last major tax bill).
Quit saying it has to do with envy, there are too many Millionaire Democrats, that don't care about the tax breaks that Republicans are drooling over.
Let alone, a trillion in tax breaks over 10 years for the rich, TARP, AIG bailout, and Medicare D, I'd say Obama was a bargain.
BUT THEIR IS NO TAX BREAK UNTILL YOUR GIFTS TOTAL OVER 7 % OF YOUR INCOME
If we'd divert the OVER $ 150 billion dollar tax break that religion gets in this country every year, and divert it to the CURES for these maladies, we wouldn't NEED condoms!
Miner, who filed the lawsuit Tuesday, is trying to halt the Inner Harbor project because the Onondaga County Industrial Development Agency gave the developer nearly $ 45 million in tax breaks over her objections.
Hevesi says the homeless projects are caught up in a larger dispute over how to renew a special tax break for real estate developers who include affordable housing in their projects, known as 421a.
Over the past few months, ministers have removed child benefit from wealthier families with one breadwinner and restricted financial help with child care to those mothers returning to work, yet repeatedly delayed a promise to bring in tax breaks for married couples.»
Take the recent battle in Albany over the expiration of rent regulation and 421a, which gives tax breaks in exchange for allocating some units as affordable housing.
A Liberal might might want to subsidize or tax break a non polluting company to prop it up to eventually take over the polluting company.
«And he gets over ten million dollars a year in government rents, and received over twelve million in tax breaks
The debate over the mayor's tax break proposal is just the latest in an ongoing feud between Mr. Cuomo and Mr. de Blasio, but marks a turn toward harsher discharges of rhetoric between the two men, who have always claimed to be friends.
Separately from the state, New York City is giving Aetna a $ 5 million sales tax credit over 18 months and another $ 4.55 million in tax breaks over 10 years.
The tax break is now unavailable to families whose adjusted gross income is over $ 500,000.
At the time, law enforcement claimed that they were breaking the law by selling cigarette's tax free to non-Indian customers, because the US Supreme Court ruled that Indian Nations couldn't claim sovereignty over land they purchased.
Astorino's campaign earlier this morning released a statement blasting the ad as untrue, blaming Cuomo for the state's status as home to the nation's highest property taxes, and pointing to the ongoing kerfuffle over whether the home he shares with Food Network star Sandra Lee has been properly assessed after considerable improvements, giving the couple what amonts to a property tax break.
Republican John DeFrancisco and Gov. Andrew Cuomo on Monday exchanged blows over policies surrounding state tax breaks they say show the other as corrupt.
Already, a row is breaking out over just who will be worst hit by these tax increases.
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