Sentences with phrase «reduce federal revenue»

The changes would reduce federal revenue by almost $ 1.5 trillion over the coming decade — before accounting for any economic growth that might result, according to Congress's Joint Committee on Taxation, which analyzes tax legislation.

The budget estimates the increase in the annual limit will reduce federal revenue by $ 1.1 billion from 2015 - 2016 to 2019 - 2020.

No one with the requisite skill has done a revenue analysis of Gingrich's tax plan, but eyeballing the Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten years.

And all of them argue that the proposed tax cuts, estimated to reduce federal revenue by more than $ 1.4 trillion, won't increase federal deficits, an assertion that's been contradicted by Congress's official tax scorekeeper.

The Office of Management and Budget estimates that the exclusion of imputed rent reduced federal revenue by nearly $ 79 billion in fiscal year 2015.

The proposal to reduce the GST / HST should be viewed as another attempt to further reduce federal revenues — in short to «starve the beast».

As discussed last month, this is a bit of a too much of a good thing crash all around — tax cuts into a strong economy sending inflation and interest rates high enough to lead the Federal Reserve to (potentially) over react and raise rates too high, causing a recession and growing debt issues as the government refinances debt at higher rates, all while a tax cut reduces federal revenues.

On the flip side, Trump's plan would reduce federal revenues by $ 9.5 trillion over 10 years, and that would require the government to massively reduce spending, which could negatively affect Americans, according to the Tax Policy Center.

Not exact matches

WASHINGTON, Oct 9 - A top Senate Democrat on Tuesday said new tax revenues should go to reducing the federal deficit, not cutting tax rates, dismissing as «obsolete» a Reagan - era model of tax reform.

Unless the economy catches fire (which Trump says it will), his plan will reduce federal tax revenues by $ 6.2 billion over 10 years, the Tax Policy Center says.

The SBA has estimated that the sequester will result in $ 4 billion less revenue for small - business contractors as a result of reduced federal spending.

If firms act to reduce that tax base in response to an increase in the federal rate, then provincial revenues will fall, even if the provinces haven't changed their rates.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Such provisions, they argue, are intended to alter how the insurance market works, not to reduce federal spending or increase revenue.

If the bill does not meet the budget resolution's instructions to reduce the federal deficit, any provision that results in either increased spending or decreased revenue is removed until it does meet those targets.

Income Trust Conversions: Estimated Federal and Provincial Revenue Effects By Jack M. Mintz (1) The recent announcements by TELUS and BCE have given rise to the question as to how much federal and provincial taxes have been reduced by corporations converting into income Federal and Provincial Revenue Effects By Jack M. Mintz (1) The recent announcements by TELUS and BCE have given rise to the question as to how much federal and provincial taxes have been reduced by corporations converting into income federal and provincial taxes have been reduced by corporations converting into income trusts.

So you'd conclude that the January 1, 2012 reduction in the CIT rate from 16.5 % to 15 % would reduce revenues by about $ 3b, and increasing the federal rate from 16.5 % back to (say) 24 % would increase CIT revenues by some $ 15b - almost one per cent of GDP.

On the other hand, if you wanted to keep aggregate government revenue the same, you could get away with increasing the GST to 6 - 7 % (and presumably compensate for the decreased federal revenue by reducing transfers to the provinces by $ 20 billion, leaving the provinces, collectively, in more or less the same position).

While reducing federal spending during an economic slowdown was not the President's preference, he recognized the political realities and undertook a series of negotiations with the Republican Speaker of the House, John Boehner, aimed at achieving a compromise plan to reduce the deficit over time through a combination of spending cuts and revenue increases.

In 2017, the SALT deduction is estimated to reduce revenue to the federal government by nearly $ 60 billion.

It should go without saying that these tax cuts will reduce overall federal revenue.

School districts have broad discretion over the use of the revenues they receive, including federal reimbursements for free and reduced price meals.

There is no regulatory requirement that federal reimbursements for free and reduced price meals be spent only on those meals or that records differentiate between the costs and revenues of the various aspects of the school food program.

The state also faces the loss of $ 5 billion of federal stimulus aid, and its problems are compounded by reduced tax revenue during the economic downturn.

He and John Raskin, executive director at the Riders Alliance, believe it's also critically important for the MTA to find new revenue streams that will reduce its dependence on the federal government.

The state budget in response would expand the role of the executive office and authorize the state budget director to reduce available funds during the fiscal year if federal revenues are lower than projected — including after the legislature signs off on the plan.

President of the Senate, Bukola Saraki, said it was necessary for revenue generating agencies to live up to their mandates, stating that that would reduce the need for borrowing by the Federal Government.

Among the findings: States will face continued pressure due to skyrocketing Medicaid costs, underfunded pensions for retired public employees and volatile tax revenues, as well as reduced federal funding.

Some politicians want to reduce the federal gasoline tax, even though its fixed value per gallon means that as prices increase, revenues fall.

«No rational analysis says that we can begin to reduce the size of the federal deficit without a combination of cutting spending and raising revenue,» added Bloomberg.

«I am worried that the crisis in the NNPC will greatly reduce Nigeria's revenue - generating capacity and will affect the revenue distributable to federal, state and local governments in Nigeria.

Soon after President Richard Nixon took office in 1969, it was widely reported that his administration was considering a federal VAT with the revenue to be shared with state and local governments to reduce their reliance on property taxes and to fund education spending.

Furthermore, projects supported through Clean Energy Victory Bonds will create jobs and business revenues that will bring in federal tax dollars while simultaneously reducing health and environmental costs nationwide.

The survey shows that the cumulative effect of stagnant revenues caused by the lackluster economy, reduced levels of state and federal contributions to total school costs and dramatically rising pension and other mandated costs have led to the unprecedented reductions in programs and school staff.

What moderate Republicans are going to have trouble with is the tension with those [in their party] who want to reduce the federal role to revenue - sharing with states, block grants, for example, with few or no strings attached.

Despite our efforts to further reduce spending, the District continues to struggle with increasing statutory and contractual obligations and declining state and federal revenues.

In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).

A refund anticipation loan also includes any sale, assignment or purchase of a consumer's tax refund at a discount or for a fee, whether or not the consumer is required to repay the buyer or assignee if the federal Internal Revenue Service reduces the consumer's tax refund.

What they should be saying is that broad - based equity investors were wrong to cheer the Federal Reserve's economic downgrade and subsequent continuation of its money - printing, bond - buying program; in particular, lower economic forecasts by the Fed will likely be accompanied by reduced revenue and lower earnings at the corporate level.

The remaining revenue should be used to help reduce the federal deficit and make the tax code more progressive, easing some of the bite from higher electricity and gas prices.

Federal revenues are increased, other taxes which have adverse incentives can be reduced, pollution is decreased, and everyone is better off except the polluters.

Hastings has been fighting any rules or transparency around fracking and its chemicals, writing to Ken Salazar late 2010 arguing that such rules would «threaten thousands of jobs, deepen the federal deficit through reduced revenues, and harm natural gas development and our nation's energy security.»

Faced with the challenge of raising revenues to pay for exploding federal government costs that neither party has any interest in reducing, the carbon tax is suddenly attracting the interest of the Left and Right.

But neither reduced emissions nor increased federal revenue will necessarily deal with the immediate and pressing problems facing these governments.

The resulting revenue would enable us to reduce not only the federal deficit, but also the highly regressive payroll tax.

So our plan will use carbon tax revenues to reduce other Federal taxes.

Likewise, 60 percent of Americans support a $ 10 per ton carbon tax if the revenue were used to reduce federal income taxes, even when told this would «slightly increase the cost of many things you buy, including food, clothing, and electricity.»

Compared to the reductions noted above, the recent tax law changes are the fourth largest in history, reducing the federal tax revenue stream by between $ 150 and $ 200 billion per year.

The U.S. federal government didn't begin to approach its modern scale of activity until the New Deal following the Great Depression in the 1930s, which was financed with very high income taxes and estate taxes, high customs duties such as the Smooth - Hawley tariffs imposed not long after the crash of 1929 (which were so high that they reduced customs revenue rather than increasing it), and newly imposed payroll taxes.

Observed strict confidentiality and safeguarded all patient - related information.Developed and managed budget and revenue expectations while actively seeking ways to eliminate or reduce expenses.Organized and led weekly personnel meetings with team members.Established and maintained positive relationships with government regulators, residents, families, other area health care providers, physicians and community at large.Minimized staff turnover through appropriate selection, orientation, training, staff education and development.Diligently monitored the QA (Quality Assurance) program to improve performance and maintain high standards of care.Regularly evaluated employee performance, provided feedback and assisted, coached and disciplined staff as needed.Jumped in to fill gaps for on call rotation when necessary.Provided thorough supervision for day - to - day operations of facility in accordance with set policies and guidelines.Actively maintained up - to - date knowledge of applicable state and Federal laws and regulations.Ensured the accuracy of public information and materials.Cooperated with other health related agencies and organizations in community activities.Served as liaison between management, clinical staff and the community.Administered, directed and coordinated the activities of the agency.Created annual goals, objectives and budget and made recommendations to reduce costs.Evaluated patient care procedural changes for effectiveness.