Sentences with phrase «part by raising taxes»

The agreement handed a victory to Obama, who had promised before the election to address budget woes in part by raising taxes on the wealthiest Americans.

Not exact matches

The money raised by the taxes in part would go toward a potential boost in education spending, an apparent sticking point in the talks as lawmakers and Cuomo fight over what's known as foundation aid in the budget.

«He's had six years to get something done to improve the quality of life in Central New York, including the last two as part of the Senate Democratic leadership team, but all he's done is raise taxes by $ 14 billion, increase spending by 14 percent in the middle of a recession and look the other way while his Democrat colleagues were investigated for corruption.»

ALBANY — Lawmakers completed one of the latest budgets in New York State history on Tuesday night, passing a last piece of legislation that will raise an additional $ 1 billion — in part by increasing taxes on the sale of clothing and on a variety of businesses.

The tax, which would raise an estimated $ 127 million annually, is part of $ 1 billion in new fees and taxes proposed by Cuomo.

This proved to be only a 3 billion dollar deficit federally, and he closed it by raising taxes in part, by extending the surcharge, etcetera.

A report released by the city Independent Budget Office has raised questions about the potential effects of the so - called «mansion tax,» a proposed part of Mayor Bill de Blasio's affordable housing strategy that would levy a 2.5 percent surcharge on the sale price over a threshold of $ 2 million for residential properties.

The task force report led to passage of one of the most comprehensive efforts yet to address shortages, including the adoption of a statewide half - cent sales tax increase that was used, in part, to raise teacher salaries by an average of $ 8,000.

To ward off the elimination of music and athletic programs caused in large part by the exodus to North Valley, Gooding voters scrambled to pass a property tax levy to raise $ 325,000 for the district.

The questions raised by the present case essentially ask, first, whether the French tax on the market value of immovable property owned in France by a company established in a Member State is also applicable where the company is established in an overseas country or territory (OCT), being in the present case the British Virgin Islands, and, second, whether the joint and several liability for payment of that tax on the part of any legal person interposed between the party or parties liable to the tax and the immovable properties located in France constitutes a restriction of free movement of capital.

As part of the payroll tax extension agreed to last fall, the FHA will raise premiums on its forward mortgages by 10 basis points and by 25 bps for jumbo loans.