Sentences with phrase «reduced tax levy»

According to the Jamestown Post-Journal, the Chautauqua County Legislature's Audit and Control Committee has reduced the tax levy 3.1 percent with recommended cuts.

Such a move would generate substantial economic efficiency gains from reduced congestion, reduce the tax levied on the majority of miles driven, leave many (particularly rural) motorists better off, and provide a stable long - term footing for motoring taxes without necessarily raising net additional revenue from drivers.»

In addition, the fund balance — money left over from the prior year, which can be used to reduce the tax levy increase if doing so leaves the town with a big enough cushion for emergencies — is also smaller, meaning that using it to provide tax relief may be difficult.

«I think a reasonable thing would be to reduce the tax levy by three - fourths,» said Collins, a former Erie County executive.

The $ 359 - million budget slightly reduces the tax levy for the coming year and includes several areas in which significant changes will be instituted in areas where major municipal expenditures are made.

Not exact matches

The legislation reduces levies on owners of small businesses, while also cutting income tax rates for the richest Americans to 37 percent from 39.6 percent.

Patient Protection and Affordable Care Act (PPACA): Also known as the Affordable Care Act (ACA), the act included a variety of health - related provisions that extended health insurance coverage to many uninsured Americans, implemented measures designed to reduce health care costs, imposed requirements on health providers and insurance companies, and levied a broad range of taxes to help pay for expanded healthcare.

If the IRS finds that your offer is acceptable, then you'll be able to avoid the levy by paying a reduced amount of taxes.

The initiative follows on he heels of another report by Oxford academics, which last year found that levying a tax on animal products — pricing them to reflect more accurately their harmful impact — could reduce meat eating to the extent that 1 billion tonnes of carbon a year would be saved... and 500,000 lives.

But this isn't a tax on all sugar; the levy directly targets the producers and importers of sugary soft drinks to encourage them to remove added sugar, promote diet drinks, and reduce portion sizes for high sugar drinks.

Park District commissioners, who voted to approve the $ 15.9 million tax levy last week, marveled at the relative rarity of a municipality reducing taxes.

Homeowners in Glenview will see a slight drop in taxes owed to the park district, which reduced its levy by about.84 percent.

While the park district budget will be $ 38 million higher than in 1985, the tax burden will be reduced by a $ 29 million surplus carry - over from the present year and from $ 28 million in expenditures from bond issues which will not affect the current tax levy.

• Extension of National Fiscal Stabilization Levy (NFSL) and Special Import Levy (SIL): Government removed and reduced some taxes in 2017 to support businesses and provide relief to individuals.

In 2001, the Climate Change Levy was introduced as a tax on energy use: it was intended to be «revenue neutral» for businesses, so the Treasury reduced the rate of employers» NICs by 0.3 per cent - a move arguably inconsistent with the idea of National Insurance as contributory.

The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of electricity tariffs and transport fares were all not captured in the budget.

It could allow Erie County to return a thousand dollars to every property owner by reducing the county tax levy.

If you really want to reduce the cost of government in Erie County you must include the taxing entities, school and special districts, that make up more than 60 % of all taxes levied in our county.

The budget reduces the county property tax levy by more than $ 1 million and lowers the property tax rate for the first time in eight years.

New York State legislators want to reduce or eliminate local counties» contribution to Medicaid in order to reduce property taxes levied to New Yorkers,...

The Library Tax Levy is reduced 18 %, from 2010's $ 22,171,833 to $ 18,171,833, a level below that received by the Library in 1993.

Dutchess County Government has long been a leader in shared service and consolidation efforts, having reduced the size of county government over several years and cutting the county property tax levy each year for the last three years.

But high property taxes in New York have nevertheless persisted and Cuomo has paired the issue with another pursuit: Reducing the size and scope of local governments, which he has blamed for high levies.

The budget proposal reduces county spending by more than $ 7.6 million dollars and includes a property tax levy under the Property Tax Ctax levy under the Property Tax CTax Cap.

Hein reduced the county property tax levy by some $ 800,000 in his 2016 budget, but «kept» the rest for other purposes, by Bernardo's calculation.

Vern Buchanan, a Republican running for the Florida seat vacated by Rep. Katherine Harris (R), was the target of local media reports this week detailing his use of business entities in Caribbean tax havens to reduce levies on his auto dealerships.

He listed his top accomplishments as lowering the tax levy for six straight years as deputy supervisor, consolidating town services and reducing redundancy in top level positions to achieve cost savings.

The administration has proposed using all of these resources to reduce the school district's tax levy.

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.

If the 2007 - 8 school taxes are reduced by the $ 79.3 million in additional school levy tax credit funding, a net school tax levy increase of $ 199.5 million (5.3 %) would result.

To drive the rising cost, we should levy a steeply rising fossil fuels tax, rising steeply into the sunset, and use the proceeds to keep reducing payroll taxes.

An ► energy tax - a levy on the energy content of fuels - reduces demand for energy and so reduces CO2 emissions from fossil fuel use.

And there is talk of a carbon tax levied on the U.S. for failing to meet its carbon - reducing pledges while other countries are working to achieve theirs.

The large majority of «environmental taxes» are raised from measures which either long pre-date concerns about emissions reduction, ie fuel duty, road tax, VAT or have nothing to do with reducing CO2 (landfill tax, aggregates levy).

Now back to the carbon tax debate: If the government is going to levy a $ 20 / ton carbon tax for environmental purposes anyway, then it can achieve even more benefits by taking that revenue and using it to reduce marginal tax rates elsewhere in the code.

The feds could use the revenues from such a levy to reduce other taxes — including dividend and capital - gains taxes further to spur the massive private investment needed to build the next generation of power generators — while ensuring that they're also creating a political and regulatory climate to encourage such mass - scale construction.

Permanent life insurance is commonly used by affluent families to reduce or avoid potential estate taxes that would otherwise be levied against your assets / estate after you pass away.