Sentences with phrase «say federal tax reform»

A plurality (43 percent) say federal tax reform will worsen the state's economy.

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.

«Many other steps could be taken to strengthen our economy over time, such as putting the federal budget on a sustainable path, reforming the tax code, improving our educational system, supporting technological innovation and expanding international trade,» he said.

T. Rowe Price Group said it must take a $ 71 million charge against its 2017 earnings as a result of the federal tax reform enacted in December by Congress.

Dairy cows at a family farm in Chilliwack, B.C. Sylvain Charlebois, a noted academic on food policy issues, says the federal government's proposed tax reforms will hurt family farms.

Mario Costanz, CEO of Happy Tax, says landlords scored a big break in the recent federal tax reform biTax, says landlords scored a big break in the recent federal tax reform bitax reform bill.

OTTAWA, February 15, 2018 — The federal government must take decisive action now to shore up Canada's business tax competitiveness in the wake of sweeping tax reforms in the United States, the Business Council of Canada says in a letter to The Honourable Bill Morneau, Minister of Finance.

De Blasio said he's not worried yet about Trump's plan to eliminate state and local tax exemptions on federal filing, referring to the the proposed national reform package as a «pipe dream.»

Members of the conservative House Freedom Caucus, a formidable bloc in the House, have said they will not support the budget until they see the tax reform plan and want the resolution to contain more cuts to federal spending than the $ 203 billion over a decade that it already contains.

A major project aimed at revitalizing Buffalo's impoverished east side could be threatened by the federal tax reform bill U.S. Senator Chuck Schumer, D - NY, said Monday.

«While the federal corporate tax cuts are expected to incentivize businesses to make capital investments and create more jobs, New Yorkers don't see the benefits of the new tax reform,» Ondrich said.

The problem stems in part from delayed tax payments, which budget officials say is due to uncertainty over tax reform on the federal level.

«If this is not a time where people need to realize that they need to stay woke, then I don't know what's going to be clearer for you,» McLaughlin said, remarking on the federal government's tax reform plans.

ALBANY — Gov. Andrew Cuomo says that if Rep. John Faso truly opposed the federal tax reform effort that passed the House on Thursday, he would have resigned in protest.

[The new charge, they said, would actually be listed on county property tax bills as the «Faso - Collins federal tax» — named after New York GOP Reps. John Faso, of Columbia County, and Chris Collins, of Erie County, whose plan for the cost shifts were included in both the Senate and House versions of federal health care reform bills.]

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.

«We know they're facing a $ 4 billion budget deficit in addition to the issues associated with the impact to New York by the federal tax reform bill,» said Poloncarz.

«The Federal Government is also using the data to generate «nudge» letters which are being sent to those identified as being potential tax defaulters,» said Adeosun while responding to questions raised by journalists during the submission of progress report on tax laws reform.

Heastie recently said the idea of a millionaires» tax is likely off the table because of the federal tax reform bill.

In a Monday address in Albany highlighting his 2018 budget proposals, Gov. Andrew Cuomo said the state's spending priorities had been shaped by federal tax reform and other potential threats from Washington, D.C.

Conners said other trends, like fewer new households, as well as uncertainty in big ticket items like healthcare reform on the federal level, could also impact spending and therefore sales tax collection.

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At this critical time of tax reform, widening gaps between the rich and poor and growing public support for higher taxes and redistribution to combat inequality, policymakers should consider joint federal tax and redistributive policies to reduce the burden of mortality among Americans,» said Professor Kim.

«If it is true, as Rep. Messer says, that the big tax reform bill will not include a school choice component, then it is fair to say that a big new federal push on private school choice is dead,» Petrilli said.

School - choice advocates on Capitol Hill also say they expect tax code reform — promised by Trump — to include a federal tax credit that would incentivize corporations to donate to state «scholarship» programs that offer tuition to private and religious schools.

In the past week, Federal Treasurer Joe Hockey has warned that budget and tax reform are urgently needed, saying:

«Once federal tax reform is enacted, be ready for the state - tax rebound,» said Barton.

Both have said they want to move forward with tax reform before they go, and the fight over raising the federal debt ceiling, which is expected to be reached this fall, provides a possible trigger event for them and other lawmakers to come to agreement on big tax changes, said Birnbaum.

«Homeowners already pay 83 percent of all federal income taxes, and reform that raises their taxes is a failed effort,» said Harrison.