Sentences with phrase «raising more taxes»

And yet the core constituency is saying wait a minute, we need to be raising more taxes and not cutting spending.
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
He's already said he does not want to raise any more taxes, and he's holding to a commitment to increase spending on schools and health care by 4 % in the new budget.
Britain raises more tax from property than any other developed country.
Not only was the all - in - it - together rhetoric about raising more tax from «those best able to pay» not entirely convincing.
CARROLLTON - FARMERS BRANCH ISD ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND.
But it's completely FALSE that we need to raise more taxes to do it.
It's an additional measure designed to discourage early withdrawals, and raise more tax.

Not exact matches

And while some companies have paid bonuses and boosted pay after the new tax bill passed, more than half of U.S. workers did not receive a raise in 2017.
More from Personal Finance: Few adults report receiving bonuses or raises from the Republican tax law The new tax law is a mixed bag for your company benefits Half of all workers are considering a job change
Possible reforms could include raising the full retirement age for Social Security to 70 for workers who are currently under age 40; cutting benefits; increasing payroll taxes on workers; increasing Medicare premiums; and making Social Security benefits more progressive — meaning cutting benefits for high - income workers, while preserving payouts for low - income earners.
More from Straight Talk: Here's why a Roth IRA makes sense for millennials Roth conversion in high - taxed states is a very bad idea So the Fed raised rates.
Labour has said it will raise income taxes on people earning more than # 80,000 ($ 103,152) a year, promising no increases for the other 95 % of taxpayers.
In the weeks leading to the release of Canada's 2017 federal budget, there was plenty of speculation that Finance Minister Bill Morneau might raise the capital gains inclusion rate, make changes to dividend tax credits, and more.
A more sensible policy response would be to raise state taxes on the high - income residents who have just been given enormous federal tax cuts.
More from Straight Talk: How to simplify your financial life... with two sheets of paper Roth conversion in high - taxed states is a very bad idea So the Fed raised rates.
Financial information that may include income tax returns, officer - certified financial statements, and audited financial statements if raising $ 500,000 or more.
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.
Republicans and the Trump administration have argued that tax cuts for businesses would lead companies to investment more and raise wages for workers.
Rather than raising corporate tax rates, the Rhode Island legislation, Senate Bill 2796, would give preferential treatment in state contract bids to companies that pay their highest - paid executive no more than 32 times the pay of their lowest - paid full - time employee.
Warren Buffett, No. 3 on Forbes» list of the world's richest people and most prominent among the low - tax dissenters, wrote an op - ed in The New York Times arguing that, in concert with budget cuts, Washington should raise taxes — especially on dividends and capital gains — for those earning upwards of US$ 1 million a year and even more on the 8,000 or so Americans making $ 10 million and up.
President Obama quickly made his position clear: Congress must raise taxes on Americans earning more than $ 200,000 a year as part of any compromise to keep the U.S. from going over the fiscal cliff.
Most small - business advocacy groups believe the studies that show that raising taxes on small - business owners earning more than $ 200,000 a year will cause their companies to cut back on capital investment and hiring.
This is because America has one political party interested in raising taxes on people who make more than $ 300,000 and no political parties interested in raising taxes on people who make less than $ 300,000.
Goodbye and good riddance to that outdated, monstrosity of a tax code that took too much of your money, sent our American jobs overseas, and kept our economy so slow many workers didn't see a pay raise for a decade or more
Jaskol turned up two immediate priorities for Bunn: raising its minuscule bank credit line (with an eye toward eventually financing part of its acquisitions through borrowing); and minimizing taxes through more effective use of income - deferral strategies.
The Fed has raised rates twice this year and expects to hike again in December and three more times next year, depending on fiscal stimulus including tax cuts planned by Republicans in Congress and in the White House.
On pp. 19 - 21, Michael McCullough explores Warren Buffett's argument for why wealthy Americans like him should pay more taxes — which raises fundamental questions about distributive justice, freedom, and property rights.
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.
The new budget relies primarily on higher property taxes to increase school funding, raising more than $ 7 billion over four years and, the legislature hopes, finally complying with the Supreme Court order.
Further, tax cuts and the raising of the estate tax threshold to $ 11M per person and $ 22M per couple will also boost wealth as people get more motivated.
But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European economic policy for years: that the path to sustained economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust of bond markets and other investors by displaying commitment to fiscal prudence — even if that process imposes deep economic pain as it plays out.
The budget predicted the fiscal year would end with a thin surplus of $ 197 million, a feat that would be achieved by reducing expenditure growth, raising taxes and selling off more than 100 assets determined to be surplus.
Allowing inflation to drift upward to reduce government debt is more favourable politically than raising taxes or slashing public spending, and that has implications for the Canadian economy.
Untaxed land value is paid to banks, which in turn lend their mortgage receipts out to bid up property prices all the more — while obliging the government to tax labor and sales, raising the cost of labor and the price of goods and services.
The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.
Today's revisions appear to raise taxes on * more * families b / c SD smaller!
Palm Beach County voters in November may be asked to raise their property taxes so teachers could be paid more, in hopes of keeping them in the classroom.
Remember, if the government gives us a tax cut they'll still have to make up the budget shortfall somehow, chiefly by selling more bonds to American citizens (who happen to be the same people getting the tax cut) or foreigners (who will raise the money by selling us more of their goods and services, or buying less of ours).
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.
Democrats support raising taxes on the wealthy in order to provide more government benefits to the masses.
What's more, a deficit - increasing bill can rely on the reconciliation process — the process that allows a simple majority vote in the Senate — only if it does not raise deficits in years after the 10 - year budget window, which means the tax breaks here would have to be temporary.
What if we have an even more aggressive President who decides to raise tax rates on everyone and not just those making over a certain amount?
Citing the recent U.S. tax reform, the company said it will offer an additional raise, stock grants, and more.
As the congressional debate over President Donald Trump's tax overhaul begins, more Americans say tax rates on corporations and higher - income households should be raised rather than lowered.
Debt - financed tax cuts may well push up interest rates in the U.S., which attracts more foreign investment, which raises the value of the dollar, which makes exports less competitive and imports cheaper, which increases the trade deficit.
Now, if the FED decides to raise interest, and the administration raising taxes, the dollar will be worth even more.
For example, a 41 % plurality of those with family incomes of $ 100,000 or more say tax rates on high incomes should be raised; 29 % say they should be kept the same as now, while 27 % say they should be lowered.
Yet lower - income Democrats are less likely than higher - income Democrats to say tax rates on high - income households should be raised (47 % of those earning under $ 30,000 vs. 63 % of those earning $ 30,000 or more).
Motorists don't like to pay more at the pump, and lawmakers worry that if they raise taxes on gasoline, they'll be voted out of office.
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