Sentences with phrase «revenue effects of taxes»

Simulation modelling of the distributional and revenue effects of taxes and benefits has been happening for decades, but no equivalent has existed for wealth taxes.

The committee helps draft legislative proposals, estimates the revenue effects of all tax legislation considered by the Congress, and examines various aspects of US federal taxes.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

If the original tax base is $ 263 billion and if nothing else changes — the assumption you have to make in assessing the effects of a policy — then this information is enough to put some numbers on the sort of revenues you can expect to generate by an increase in corporate tax revenues.

The state has since been bumped from the list by the Dominican Republic and Portugal, but still grapples with double - digit unemployment, the after - effects of the housing bubble and a US$ 1.3 - billion drop in income tax revenue in the first four months of this year.

That means, in effect, that homebuyers have become something of a new source of tax revenue for Ottawa.

The court said it was unconvinced by the U.S. arguments regarding the alleged negative effects of the EU decision on its tax revenues, the bilateral tax deals with EU countries and its efforts to develop rules on transfer pricing in line with OECD rules.

The net effect is likely to be slower growth in tax revenues in the first quarter of 2018, and a possible fall in revenues as the year progresses.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

The short - run effect of a corporate tax increase in revenues is surprisingly small (Chen and Mintz provide the references; see here for how they apply to Canada), and a good estimate for the long - run effect is zero.

On the corporate side of the code, tax expert Bill Gale and his colleagues summarize that «there is virtually no evidence that broad - based [corporate] tax cuts have had a positive effect on [economic] growth... That has been amply demonstrated at the national level, where tax cuts have eroded revenue without discernable effect on economic activity.»

The effect of a cash transfer from the Fed to the household sector is almost identical to receiving a tax rebate check, with the added benefit that it causes the budget deficit to fall, not rise (Tax revenues will rise and there has been no increase in government borrowintax rebate check, with the added benefit that it causes the budget deficit to fall, not rise (Tax revenues will rise and there has been no increase in government borrowinTax revenues will rise and there has been no increase in government borrowing).

HPFS gross margin decreased for the three and nine months ended July 31, 2011 due primarily to lower portfolio margins from a higher mix of operating leases and higher transaction taxes, the effect of which was partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.

Dynamic modeling: Computer simulation of how tax policy or tax reform affects the economy taking into account how individuals, households, or firms alter their work, saving, investment, or consumption behavior, and how those effects feed back to affect tax revenues.

Given associated government revenue shares in GDP, the latter achievement would also unlock an additional $ 1.4 trillion in global tax revenue, most of it ($ 940 billion) in emerging economies, suggesting the potential self - financing effects of additional public investment into closing global gender gaps.

Within budgetary revenues, personal income tax revenues declined by $ 1.2 billion (0.8 %), largely reflecting the impact of tax planning by high - income individuals, which recognized tax liabilities in the 2015 taxation year before the new 33 per cent tax rate came into effect in 2016.

Likewise, recent estimates by the Tax Policy Center and the Penn Wharton Budget Model show that dynamic effects would marginally reduce the revenue loss in the first decade but significantly increase it over the long run because of the economic consequences of higher debt.

Personal income tax revenues were up by $ 179 million, or 0.3 %, as the impact of the income tax reduction measures take effect.

But Renacci insisted the fiscal effects of the tax cut should be set aside: «It's not the revenue side, it's the spending side,» he said.

1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother stimulus effect on the economy 3) Charities make purchases tax - free, meaning that $ 1 spent by a charity generates a full $ 1 of private economic activity; furthermore, much of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society; from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes

The net effect is that a revenue tax is more likely to increase the price paid to the consumer than it is to reduce the profits of the corporation.

Heastie, too, echoed what Gov. Andrew Cuomo has claimed: Extending tax rates on those making $ 1 million and more due to expire at the end of the year is needed to generate revenue for a phased - in middle class tax reduction taking effect in the coming fiscal year.

Therefore Conservative efforts to cut public spending would have the effect of reducing tax revenue, without any change to tax rates.

Districts are restricted in the amount of local revenue they can raise to fund school programs by state property tax caps, which took effect in 2012.

Section 1 (1) of the Revenue Administration Act, 2015, Act 915 provides, «The Ghana Revenue Authority is responsible, through the Commissioner - General, for administering and giving effect to tax laws in accordance with the provisions of the Ghana Revenue Authority Act, 2009, (Act 791)».

Despite Senate Republican claims that tax hikes proposed by Cuomo were eliminated, the new budget was put together with a number of sizeable revenue - raising items that avoided the term «tax,» but comes with the same effect.

The effects of forthcoming federal tax reform efforts — such as limitations on the deductibility for state and local taxes and the exemption for municipal bonds — could hit the state hard, the duo said, and have «significant implications» for the revenues of both New York City (the state's main economic engine) and the state.

But because the proposed tax reductions would take effect in stages over the course of the next five years, they are projected to reduce state revenues by $ 5 billion when fully implemented in 2011 - 12.

Cuomo also floated the idea of raising revenue by taxing nonprofit health insurance corporations that are bought out by, or convert to, for - profit companies, and those who received a «windfall» from the federal tax plan, which went into effect earlier this month.

Imagine the catastrophic effect it will have on the property value of nearby homeowners, and the resulting tax revenue calamity for the Town of Gardiner, Ulster County & The local School Districts!

«Failure to approve the bill to extend the county's sales tax would have the effect of opening up a huge revenue hole in the county budget and doing vast damage to taxpayers,» Picente said.

The joint statement endorsed the urgent need for new research into the health effects of e-cigarettes and using tobacco tax revenues to help fund studies.

The real role for a carbon tax, says Barker, is as a source of revenue to fund government action on the greenhouse effect.

This means it covers the direct cost of low - carbon subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.

After moving dramatically to abolish property taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two - cent sales - tax increase, to be considered in a March 15 referendum, or an income - tax hike, which will go into effect automatically if the sales - tax rise is rejected.

To isolate the effect of the recessionary spending cuts from that of the general ill - effects of the recession, Cora Wigger, Heyu Xiong and I rely on the fact that states that relied heavily on state taxes to fund public schools experienced the deepest education revenue cuts during the recession, on average.

Public education revenue has been insulated from the direct effects of economic ups and downs by a number of politically constructed conditions, including a privileged legal status in most state constitutions, multiple state and federal revenue sources, and stable tax support, such as property taxes, at the local level.

Speaker B. J. Cassin, founder of Cassin Educational Initiative Foundation, told the audience, «Think of the effect if all Catholic schools, not just the ones that we mentioned here, had the ability to have this kind of revenue come in [from tax - credits]; it changes the environment completely.»

Due to the displacement of local property taxes as a source of education funding, and because the state itself suffers from a similar downward «ratcheting» effect on its revenue and expenditure levels, the state is effectively incapable of providing the level of funding necessary to fulfill the mandate of the Education Clause.

Focusing on nationwide education finance policies, his work also analyzes the impact of school finance reforms and tax and expenditure limits on school district funding, as well as the effect of recessions on school district revenues.

Low literacy's effects cost the U.S. $ 225 billion or more each year in non-productivity in the workforce, crime, and loss of tax revenue due to unemployment.

New HST for Ontario & British Columbia, Effective July 1, 2010 The provinces of Ontario and British Columbia have each enacted legislation to implement the harmonized sales tax (HST), which will come into effect beginning July 1, 2010 and will be administered by the Canada Revenue Agency.

Due to the costs of World War I, the Revenue Act of 1916 reinstated an estate tax that, in some form or other, has been in effect ever since.

Doing these things will, of course, further complicate the Rules and Regulations that are part and parcel of the Internal Revenue Code in that the Internal Revenue Service might have to do something about Senior Loans, masquerading in effect, as Preferred Stocks strictly for tax - shelter purposes.

This discussion of federal income tax consequences is based on the Internal Revenue Code and the regulations issued thereunder as in effect on the date of this Statement of Additional Information.

The net effect of high price energy in the UK will be to drive industry to countries with low energy costs, along with jobs and tax revenues.

If you really want to put AGW fans to the test, do what I do occasionally and ask them to consider a world where the only source of revenue is from carbon taxing (ie the maxm theoretical price effect for any given level of revenue) It really sets the hares running but inevitably they conclude it would be far too drastic for most tastes.

Imposing a carbon tax on electricity production based on the social cost of carbon could generate between $ 21 billion and $ 82 billion in revenues in 2020 and would have important effects on electricity markets.

He notes that while British Columbia's carbon tax is revenue - neutral, the regressive effects of carbon taxes can be addressed by a wide variety of other mechanisms, leaving substantial revenue for cash - strapped governments, as recent reports and a new book by the International Monetary Fund have stressed.

In the Spectator the great US economist Arthur Laffer explains in terms even a Brasenose PPE graduate can understand exactly why raising CGT has exactly the opposite effect of the one intended: ie it stifles economic growth AND reduces tax revenues.