Sentences with phrase «state needed the revenues»

«People need jobs, the Gulf Coast states need revenue, and Americans do not want to be dependent on foreign oil.»
Look for WIGS to come back as long as the state needs revenue — meaning forever.
But Cuomo insists the state needs the revenue to pay for his proposals, including a middle - income tax cut approved last year.

Not exact matches

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
«Oftentimes if there are no state income taxes, the state will need another revenue source,» he said.
Eliminating the state and local tax deduction would raise about one - quarter of the $ 4 trillion in revenues that some Republicans say they need to prevent tax cuts from creating a massive increase in the federal budget deficit.
State governments eager for cannabis revenue need to remember the people who have sold pot tax - free for years are still in business.
There are several ways that an entrepreneur or small business executive can become proficient in understanding what data their business needs to keep (in order to make better business decisions) and what reports they need to generate (for the Internal Revenue Service and state tax authorities).
As part of its 2006 election platform, the Conservative Party promised to «create an Independent Budget Authority to provide objective analysis directly to Parliament about the state of the nation's finances and trends in the national economy; require government departments and agencies to provide timely information to the Parliamentary Budget Authority to ensure it has the information it needs to provide accurate analyses to Parliament; and ensure that government fiscal forecasts are updated quarterly and that they provide complete data for both revenue and spending forecasts».
According to the statute's own language, it was designed with the «purpose of reducing the need for future tax increases, maintaining the highest possible bond rating, reducing the need for short term borrowing, providing available resources to meet State obligations whenever casual deficits or failures in revenue occur, and providing the means of addressing budgetary shortfalls.»
Such businesses «have created much - needed jobs, tax revenue, and economic development opportunities throughout our state
«Second, federal, state and local governments need the capital gains - related tax revenue produced by the artificially propped - up stock markets.
The minister heads the state oil company PDVSA, which is in desperate need of a hike in fuel revenues and favorable financial ratings to fund imports of consumer goods and medical supplies for its citizens and to keep the socialist government's public services afloat.
The second - largest oil producer in the block is in need of new revenues as it fights the costly war against the Islamic State and recaptures the terrorist group's oil assets.
This would have brought tons of new revenue to a state badly in need of an economic shot in the arm, not just for Monmouth Park but for area restaurants, hotels and neighborhood establishments.
- February 2013: Rep. Frank LoBiondo (R - NJ) and Rep. Frank Pallone Jr. (D - NJ) introduce new legislation that argues «New Jersey must be allowed to move forward with legal sports betting and bring much needed revenue to the state».
The state and federal money is expected to help several suburban communities improve their recreational facilities, thus attracting more residents and much - needed tax revenues.
«This report is re-emphasizing the point that we have a limited resource and so we need to be prudent in the way we manage our revenues,» he stated.
Lagos State Governor, Mr. Akinwunmi Ambode has said, in view of the dwindling revenue from oil, Nigeria must embrace other sectors so as to garner resources to address the critical needs of the people.
Thinly populated states probably need more revenue per capita, regardless of party.
In some instances, the federal stimulus plan could make our financial problems worse, by providing temporary financial support for permanent increases in our base - line health care and education spending, that eventually will need new, state - level sources of revenues to support.
Along with creating good jobs throughout the state and generating much needed revenue, these are real investments in growing and strengthening the middle class, and in turn the state's economy.
For a more comprehensive look at the state's revenue and budget challenges, see the Fiscal Policy Institute's 2018 - 2019 budget briefing book, which includes a discussion of many other progressive pro-revenue tax proposals which would generate billions of dollars that New York needs to remain competitive in the future.
Hawkins will speak on the need for the state to better share revenues with local government, enabling them to better meet local needs while reducing regressive local property taxes.
In his local stops, Hawkins emphasized the need for the state to better share revenues with local government, enabling them to better meet local needs while reducing regressive local property taxes.
«The state considers approximately one third of all districts in the state as high need, and the additional funding will benefit most school districts in the state, especially in the face of a state - imposed 2 percent property tax cap that restricts local revenues,» Moody's found.
The state may need to find more revenue or cut spending if a Republican tax plan as written that ends or limits the deductability of state and local taxes is approved in Congress, Gov. Andrew Cuomo said on Wednesday in a conference call.
NYRA had hoped video lottery terminals would be in place at Aqueduct to generate needed revenue, but the state's failure to name a gaming operator has been delayed several times and the bidding process was recently reopened.
New York State Comptroller Tom DiNapoli says he'll need to see more details and end of the calendar year state revenue figures before deciding whether the state can afford $ 2 billion in new tax cuts that Governor Cuomo is likely to proState Comptroller Tom DiNapoli says he'll need to see more details and end of the calendar year state revenue figures before deciding whether the state can afford $ 2 billion in new tax cuts that Governor Cuomo is likely to prostate revenue figures before deciding whether the state can afford $ 2 billion in new tax cuts that Governor Cuomo is likely to prostate can afford $ 2 billion in new tax cuts that Governor Cuomo is likely to propose.
The lawmakers said the platforms allow low - cost services that have led to growth in many technology - based businesses «that have created much - needed jobs, tax revenue, and economic development opportunities throughout our state
He cited difficult state mandates, a tax cap that is close to zero percent, limited options for increasing revenue and decreasing expenditures, roads in need of repair and buildings in need of capital improvements.
The New York State Comptroller says the Tompkins County Public Library needs to increase its revenue
While the business community has called for a complete end to the millionaires tax, Cuomo said the state needs the billions of dollars in revenue the tax generates each year to fund programs and manage looming budget deficits.
The New York State Comptroller says the Tompkins County Public Library needs to increase its revenue or find a way to cut services.
The Legislature gave itself permission to raise taxes above the state tax cap limit, in case it needs more revenue for the 2018 County Budget
And they took on the expiration of the so - called «millionaires tax» — noting it will bring $ 4 billion in needed revenue to the state.
He said for Osun to clearly operate as government, the state needs N10billion revenue monthly to survive.
That will lower the number of people needing government assistance (of many types) and the pressure on state government to FIND even more revenues to cover those costs.
«Governor Cuomo created, pushed, and passed the casino plan our state is now embarking on as a project to generate economic benefits for communities that need it and revenue for the state as a whole — and while I've had concerns about the plan's specifics, I do genuinely hope it accomplishes those goals.
We need to capture those revenues of keeping those dollars in our state so we can reduce taxes, create jobs.»
«In addition, the fact that New Yorkers are spending billions of dollars at out of state casinos, when that money could be staying here to generate much needed tax revenue was also a big reason that this resolution came forward.»
Our state is still fiscally struggling and we need that revenue to make sure that we can provide the services and maintain the jobs in this state.
«If these trends continue, the state may need to adjust its revenue projections downward.
«We believe NYS should allow NY generators that located here, believing in competitive markets, the opportunity to deliver clean affordable energy to the state, while preserving critically needed jobs and tax revenues to our communities, which is why we are proud to join the Power NY coalition.»
The backers of a proposal to let grocery stores sell wine have not yet given up hope of some how, some way, getting their pet project passed in Albany — a move they insist would bring both jobs and revenue into a state in desperate need of both.
This much needed additional tax revenue would help the state eliminate the current $ 3.5 billion budget deficit that exists.»
President of the Senate, Bukola Saraki, said it was necessary for revenue generating agencies to live up to their mandates, stating that that would reduce the need for borrowing by the Federal Government.
«That the Syracuse defendants needed to be persuaded by the former mayor of Syracuse to even get involved in a project that required state funding and bureaucratic red tape, and that they took on the Inner Harbor project not simply to generate revenue but to create jobs and stimulate the area's economy, go to the heart of their dealings with Howe - whom the evidence will show took criminal advantage of their naivete.»
Thomas DiNapoli, the state comptroller, has suggested the MTA's financial situation is such that fares and tolls will have to rise more often than every two years to generate needed revenue.
«Providing New York state manufacturers with the much - needed tax breaks,» King said, «will enable them to do what they do best: create high - quality manufactured goods, sustain and grow family - supporting, well - paying jobs, and generate much - needed revenue for our state
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