Sentences with phrase «state lose tax revenue»

State Sen. Betty Little (R - Queensbury) said local governments throughout the state lose tax revenue each year as a result of the current 480 - a program.

The state lost tax revenue, and welfare costs for inmate - related families added still another layer of expenditures that governmental agencies had to build into their expanding criminal - justice budgets.

Not exact matches

But the lost tax revenue is significant, and that's got states actively working on ways to collect from remote sellers.

Though most states theoretically require consumers to track and pay sales tax on purchases even if the tax isn't collected by the vendor, that rule has gone largely unenforced, leading to billions in lost revenue for cities and states.

Consequently, the impact on lost tax revenue may be over stated — and the benefit therefore under stated.»

In the short term, states would likely lose some tax revenue by creating a State GRA because contributions would be tax - deductible and State GRAs would likely entice some workers to save earnings that would have otherwise been taxed.

Connecticut loses tax revenue when people buy cars out of state.

To offset the various revenue - losing provisions introduced Thursday, House tax writers opted to increase tax rates on foreign assets that multinational corporations move back to the United States.

In the end, states have not collected any additional sales tax revenue, and actually lost income tax revenue from the impacted affiliate marketers.

[fn.3] Since the starting point for many state income tax calculations is either federal adjusted gross income or federal taxable income, a dollar - for - dollar tax credit might lose the state revenue.

Counterfeit Wine and Spirits «Cost EU Economy $ 3 Billion a Year» The counterfeiting of alcoholic drinks costs the European Union's member states an estimated $ 1.2 billion in lost revenue and taxes, according to a new report published by the European Union Intellectual Property Office...

Reed noted, of course, raising taxes to make up for the lost revenue from the federal government is an option but he doesn't believe state lawmakers would do that to constituents already facing a heavy burden.

At the same time, American Racing and Entertainment Chairman Jeff Gural in a statement on Thursday called on the state to give the racetrack a tax break in order to shore up its finances due to the lost revenue.

If the state were to divert those funds, the city would have to bridge the lost revenue either by making service cuts or taxing more heavily elsewhere.

That seems implied by your comment that the «state's tax climate also matters» and adding that the state faces a $ 4 billion deficit, plus additional lost revenue from federal changes to health care and tax policy, which is estimated to be over $ 2 billion.

«Even if we only lose a small number of high - income tax payers, that would cripple the state's revenues,» Mujica said.

Mettler shows how Republican politicians, along with increasing numbers of Democratic accomplices, have expanded the submerged state because it gives the appearance of privatisation and governmental spending restraint, when in reality it represents vast outlays by government in subsidy payments and lost tax revenues.

The city wants the state to move forward with private development of the tax - exempt land or compensate it for the lost revenue.

Gambling companies have argued for years that New York loses billions of dollars a year to casinos in Connecticut and New Jersey, costing the state jobs and tax revenue.

Furthermore it also causes local and state government to lose profitable tax revenue.

«It is also essential that the Governor and New York business, labor and civic leaders work with President Bush, the New York Congressional delegation, and the leaders of the U. S. House and Senate to secure direct federal assistance for the tax revenue that the state is losing as a direct result of the September 11 attacks,» said Mauro.

He said New York could lose billions of dollars in revenue and some of the state's wealthiest residents, who might choose to switch their primary residence to lower - tax states.

The state will provide up to $ 30 million to communities that lose property tax revenue because an electric generating plant closes if the Legislature approves a state budget bill printed yesterday.

A clear alternative, that does not involve throwing tens of thousands of public sector workers onto the dole — a move that would cost more than ten billion in lost tax revenue and increased state benefit payments.

He's lost $ 25 billion from state revenue,» she said, referring to tax cuts under Cuomo's tenure.

Collins, during the recent health care debate, sought to shift the local costs of Medicaid outside of New York City on to the state, prompting Cuomo to threaten to impose a tax on counties to make up for the $ 2.3 billion in lost revenue to the state.

Rep. Whit Betts, R - 78th District and the delegation's senior member, said he'd call for eliminating the state income tax on Social Security, and contended that doing away with public campaign financing would offset most or all of the lost revenue.

But with the legislative session drawing to a close next month, Gov. Andrew Cuomo said Monday that he doesn't «expect any action this year,» meaning the state will lose out on tax revenues that state Sen. John Bonacic (R - Orange County) has estimated at $ 10 million to $ 30 million a year.

The Republican budget was assembled before the most recent numbers that show the state is projected to lose more than a billion dollars in tax revenue over the next two years.

He says New York could lose billions of dollars in revenue, and some of the state's wealthiest residents, who might choose to switch their primary residence to lower tax states.

«IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.»

The superintendents cite a study from the fiscal watchdog group the Empire Center, which finds that if just 250 of the highest income New Yorkers leave the state due to the resulting higher taxes, the state could lose $ 500 million in revenue.

ALBANY — State Sen. Terrence Murphy says he may launch an investigation into the Cuomo administration's agreement with Entergy to close the Indian Point nuclear plant unless questions he has about the deal are answered, including how local governments will replace the tax revenue they'll lose once the facility closes.

Currently, city taxpayers claim the credit on their New York City income tax forms, and the state reimburses the city for the lost revenue.

Yet the United States already bears costs from our broken education system, including higher crime rates, additional expenses for health - care and public - assistance programs, and lost tax revenue as well as the untold costs of telling generations of children in chronically under - resourced, low - performing schools: «You don't matter!»

In 2010, the Florida legislature's nonpartisan Office of Program Policy Analysis and Government Accountability estimated that Sunshine State taxpayers saved $ 32.6 million, which is approximately $ 1.44 in state education funding for every dollar lost in corporate income tax revenue due to credits for scholarship contributState taxpayers saved $ 32.6 million, which is approximately $ 1.44 in state education funding for every dollar lost in corporate income tax revenue due to credits for scholarship contributstate education funding for every dollar lost in corporate income tax revenue due to credits for scholarship contributions.

Indiana has lost millions in tax revenues due to the state tax credit scholarship alone, the Chicago - based Center for Budget and Tax Accountability has reporttax revenues due to the state tax credit scholarship alone, the Chicago - based Center for Budget and Tax Accountability has reporttax credit scholarship alone, the Chicago - based Center for Budget and Tax Accountability has reportTax Accountability has reported.

«The result, according to OPPAGA, is that for each $ 1 lost through corporate tax credits, the state saves $ 1.49 in general revenue.»

But because a lot of Indiana schools are losing money because of a statewide property tax cap — more than 30 lost enough revenues to qualify for state help — you really need a working knowledge of how a district's budget gets built.

Members of the state's influential Education Coalition said Wednesday school advocates need to unite behind a single tax measure well in advance of the November election or risk losing a rare opportunity to raise new revenues.

Indiana state tax money follows children to whatever schools they attend, so public schools that lose students also lose revenue.

In states where Amazon has lost the sales tax argument at the hands of lawmakers who are eagerly trying to make up for revenue lost in the recent economic downturn, the online giant has attempted to make amends with legislatures by investing in jobs and distribution centers in return for coming to a consensus on the issue.

The State of Oklahoma is estimated to be losing the tax revenue on at least a forty - million - dollar - a-year industry.

That is because many of these commercial breeding operations are not licensed or registered; the county as well as the state is losing hundreds of thousands of dollars in sales tax revenues.

Considering the number of animals they house and «sell», just how much sales tax revenue is being lost in the state - one of their arguments against breeders!

Best would be to continue the funds that have been granted by Congress to replace the lost revenue due to the virtual end of logging on these federal lands (a portion of revenue paid by the feds to compensate for lost property tax revenue since federal lands aren't subject to state property taxes).

The states, meanwhile, have been losing out on billions in sales tax revenue over the years (one estimate cited in court papers suggests they'll lose about $ 34 billion this year).

In addition to lost tax revenues and corporate fees paid by state corporations, the adverse impact on the legal industry would have a trickle - down effect, taking a major toll on other industries: