Sentences with phrase «raising more tax revenues»

Matt Yglesias raises an important point here about conservatives who can't abide any increase in tax rates but will entertain raising more tax revenues through reductions of tax expenditures — that cool trillion or so we forgo in tax revenue each year through various favored activities in the tax code, like the mortgage interest deduction or the... Read more

Not exact matches

It's also unclear whether the new law will hurt tax revenues in high - tax states, in ways that might paradoxically push them to raise taxes even more.

In contrast to Alberta's largely cosmetic Specified Gas Emitters Regulation that does little to curb emissions or raise revenue for the province, British Columbia has implemented a much more comprehensive carbon tax.

A broader base allows more revenue to be raised without increasing tax rates, or for rates to be cut without sacrificing revenues.

So long as spending continues to outpace revenues, Illinois will be faced with two options: increase taxes today, or take on even more debt, which means raising taxes in the future.

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.

The combined population of more - developed countries other than the U.S. is projected to decline beginning in 2016, raising the prospect of prolonged budget crises as the number of working - age citizens diminish, pension costs rise and tax revenues fall.

Raising more revenue from the rich is popular, significant cuts in service are unpopular, and the payroll tax is very unpopular.

Tax the Rich: If New York were to return to the more progressive personal income tax it had in the early 1970s, working and middle class New Yorkers would get a tax cut and the state would still raise at least $ 8 billion more in revenuTax the Rich: If New York were to return to the more progressive personal income tax it had in the early 1970s, working and middle class New Yorkers would get a tax cut and the state would still raise at least $ 8 billion more in revenutax it had in the early 1970s, working and middle class New Yorkers would get a tax cut and the state would still raise at least $ 8 billion more in revenutax cut and the state would still raise at least $ 8 billion more in revenues.

It is possible for one to actually raise more revenue by reducing taxes to stimulate production.

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

Former Erie County Executive Joel Giambra, vying for the Republican nomination for governor, said legalizing marijuana and using the revenue is a more appropriate way than raising taxes to solve some fiscal problems like the state's crumbling infrastructure.

to raise $ 2.3 billion — an idea floated many times in the past — Suffolk County would potentially lose $ 120 million more in sales tax revenue than it would save on Medicaid.

The governor remains steadfastly opposed to raising taxes in the coming budget year, making either more spending cuts or creative revenue raisers his options in closing the deficit.

June 15th 2009 - The Calman Commission, chaired by the University of Glasgow's chancellor Sir Kenneth Calman, calls for the Scottish parliament's accountability to be improved by giving it more responsibility over the raising of tax revenues.

«We can generate more revenue from this tax simply by making it more transparent and equitable, without having to raise rates.»

Vos said he was disappointed with the road funding — he had pushed for raising more revenue by raising the gas tax or raising vehicle - registration fees rather than borrowing more money — but pledged that the Assembly would not return to the floor next week to adopt any Senate changes.

Haven't heard or seen you refute anything but we do know you work for NYS and have a vested interest in keeping things the same and to «generate more revenue» aka raise taxes.

HH: If you go back to the 1970's tax structure, we would cut taxes for 95 % of us and we'd still raise $ 30 billion more in revenues, which is 20 percent more than the current state budget.

They feel more comfortable raising taxes than getting outside revenue from ash.

UFT President Michael Mulgrew on Dec. 9 called for closing tax loopholes that benefit non-resident owners of luxury properties to raise revenue to bring class sizes in kindergarten through Grade 3 down to no more than 15 children.

Nearly six in ten New York City adults, 57 %, think it is better to raise taxes on those earning more than $ 500,000 annually to raise revenue to improve transit and reduce traffic rather than implement congestion pricing.

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

A Cuomo administration budget official said the proposed payroll tax also could be used to raise more revenue by seizing some of the tax cuts promised to corporations and the wealthy under the federal tax law, as a way to shore up state finances.

Another long - shot challenger, Green Party candidate Kevin Bott, suggests a different approach: Institute a progressive city income tax to raise more revenue, and demand that state leaders share a bigger cut of New York's income tax receipts with Syracuse and other cities.

«I think that legalizing marijuana and using the revenues to create an infrastructure fund to deal with these problems is a much more appropriate way to solve our problems than raising new taxes,» Giambra said.

«For a long time this house has always wanted to see a more progressive tax structure, so it's not even about just raising revenue, it's tax cuts for middle class families and to lower - income families.»

If these same children were raised in higher income households, the results suggest they would earn more money, contributing rather than depending on tax revenue.

The poorest districts in the State have a comparatively high tax burden but raise relatively little local revenue, while the wealthiest districts raise vastly more revenue with lower revenue efforts.

Wealthy districts» ability to raise more revenue at comparable or even lower tax rates has two impacts — wealthy districts are able to outspend poorer districts with comparable or lower tax rates, and homes of similar values are taxed at a higher rate in poorer school districts.

Because of tax and debt limits, educational districts could not raise tax rates or borrow more money using traditional Current Interest Bonds to compensate for the loss in revenue resulting from the decline in property values.

School districts may levy no more than the same number of mills each year, unless that mill levy would raise more property tax revenue than TABOR permits (inflation plus local growth), in which case, the school district must reduce its mill levy.

State formulas send Highland Park ISD $ 769 per pupil even though the district has a large tax base, one of the lowest tax rates in the state and raises more local revenue than every other district in Dallas County.

By forgoing M&O tax rates that are subject to recapture (i.e. «Copper Pennies»), districts can raise the same level of revenue with I&S taxes at lower rates or raise more revenue at the same rates.

As a result, the average high - wealth district raises more than three times as much I&S revenue as the average low - wealth district, even at a lower average tax rate.

So when the Fed is ready to blow it all out into the economy, and presuming the economy is healthy enough to start taking it (more on this below), first they cut the IOER rate to 0 % (I would advocate charging banks money, but maybe you do it in steps), second they start raising short term interest rates (creates demand) and then once the economy is powering forward on private credit creation like normal then the deficit will start closing naturally as the economy grows and tax revenues increase and unemployment will come down (GDP gap closes).

Uncle Sam, after all, finds ways to generate more tax revenue without actually raising taxes.

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.

Take the people of Seattle: For 36 years, they have agreed to be taxed more to raise revenue for affordable - housing programs.

The government could balance the budget, but with revenues down they would either have to cut spending or raise taxes, which would hurt the flow of money even more.

A revenue - neutral carbon tax is also beloved by economists, since it involves raising taxes on something our society wants less of — pollution — and using the money to lower taxes on the productive economic activities we want more of, such as paid work.

Carbon pricing can, however, play a critical role in meeting in the most efficient and effective way the commitments that countries are now entering into; it can also raise substantial revenues that can be used to reduce other, more distorting taxes.

It demanded a greater share of funds from developed countries and suggested more rich nations adopt a financial transactions tax (also known as a Robin Hood tax) to raise revenue.

The believable constraint (carbon tax revenues shouldn't exceed current tax revenue, raising the tax rate) doesn't raise a problem, and the tougher restriction he pulls out of his butt (no more than 10 % of current revenues) has no obvious empiric basis, and in any case could easily be addressed by phasing in a carbon tax over five or ten or twenty years, which is something advocates for a serious carbon tax endorse anyway.

In fact, British Columbia's carbon tax has turned out to be revenue negative, cutting more in prosperity taxes than it's raising in pollution taxes.

Consequently, to raise $ 100 billion in revenue from a new tax on carbon, in order to reduce labor and capital taxes by $ 100 billion, would end up causing more distortion in the economy.

At worst, a moderate carbon tax would be no more indigestible than higher income taxes or other revenue - raising options.

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.

A key factor in the repeal, according to the association, was two studies showing that the repeal would stimulate $ 7.2 billion in new transfers and create 7,000 new jobs and that the growth in real estate investment caused by repeal would generate roughly four times more revenue to state and local governments than would be raised by taxes without repeal.