Sentences with phrase «reduce sales tax revenue»

«The loss of these vital deductions would harm our real estate market, lower consumer spending, reduce sales tax revenue that funds critical services, and threaten our local economy.»

The transit agencies also face reduced sales tax revenue because of increased e-commerce and Illinois» poor economic growth.

Not exact matches

If all states legalized cannabis sales, the reduced drug enforcement costs and higher tax revenues would be worth more than $ 17 billion to them, a 2010 Cato Institute study revealed.

The package would also see a portion of the revenue used to reduce the provincial sales tax (PST), helping citizens and businesses adjust.

The arguments against paid sick leave, as stated in the Capital Region Chamber's petition opposing Local Law «C» on behalf of its more than 2400 area businesses and organizations, include: the proposal will hurt our economy, reduce jobs, lower the county's sales tax revenue, and act as «an impediment to attracting, retaining and growing jobs.»

He vowed to fight for the mansion tax on residential property sales of at least $ 2 million to provide revenues for low - cost senior housing and the millionaires tax to fund subway repairs and reduced fares for low - income New Yorkers in Albany, which he called «crucial initiatives» going forward.

Like all other communities, Beacon faces reduced revenues in sales taxes and mortgage taxes, but at the same time, employee pension costs will rise 15 percent, at $ 66,000.

Republicans said they would replace the fee revenue by restructuring county debt; boosting estimates of sales tax revenue; using unspent money from the 2017 budget and reducing police overtime projections.

Taking a firm stand for the first time in public on reducing the city's share of sales tax revenue, County

Taking a firm stand for the first time in public on reducing the city's share of sales tax revenue, County Executive Mike Hein has charged the City of Kingston with accepting some $ 8 million from the county in Safety Net welfare relief over the past four years and using it to «mask» a collective spending increase of almost 40 percent.

From there, they conspire to spread the bug around town, and soon the frazzled mayor is worried about the loss of city revenue (reduced smoking and drinking mean less sales tax, you see).

Figures released by the Revenue Estimating Conference reflect a sharp decline in property taxes and an unexpected reduction in sales tax reducing per pupil spending to a shocking $ 6,400.

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.

More than two - thirds of the revenue from a $ 25 / ton carbon tax would be used to reduce the sales tax, which is a regressive tax.

The November 8 election also saw the defeat of an initiative in Washington State that would have imposed the nation's first revenue - neutral carbon tax, assessing a $ 25 - per - ton fee on carbon dioxide emitted in the electricity, transportation, and other sectors and then using that revenue to reduce the state sales tax.

I - 732 uses the revenue from the carbon tax on pollution to reduce the sales tax by a full percent.

British Columbia has enacted and annually increased its revenue - neutral carbon tax with popular support by dedicating all revenue to reducing a variety of other taxes ranging from sales taxes to business taxes.