Sentences with phrase «state tax revenue from»

Converting undocumented immigrants to legal residents will increase yearly local and state tax revenue from $ 11.73 billion to $ 13.91 billion.

By law, 80 percent of the state tax revenue from these casinos will be used to fund public education or property tax relief in all parts of New York.

All of the remaining state tax revenue from these casinos will go directly to the areas in and around the new casinos.

Texas: As of November 2015, state tax revenues from oil and natural gas production plummeted 48 % and 51 %, respectively, versus a year ago, according to the state comptroller of Texas.

Not exact matches

The tax cut plan approved last year will have a disproportionate impact on Verizon because almost all of the company's revenue comes from inside the United States.

Though Canada's provincial revenue volatility troubles have much more to do with resource royalties than personal income taxes, Alberta and Newfoundland could perhaps learn a thing or two from the trials and tribulations south of the border — and how the smartest states are trying to fix the problem.

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

The above - referenced editorial also points out that 48 % of state and local revenues collected in N.J. come from property taxes, which is off - the - charts high: «No other state derives more than 41 percent of its revenue from that source; the U.S. average is 33.1 percent.»

The state's oil production grew tenfold over the past decade as it built a thriving oil shale industry virtually from scratch, driving unemployment to a national low and filling government coffers with surging tax revenue.

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.

«When Wall Street does well, the city and state benefit from higher tax revenues,» Thomas DiNapoli, the state comptroller, said in a statement.

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.

Four states, plus Washington, D.C., have recently legalized recreational pot, and Colorado and Washington are already raking in millions of dollars in tax revenue from their legal markets.

«So what my co-author and I wanted to explore was exactly what the impact was of this introduction of withholding that happened from 1948 - 1976 at the state level on income tax collections, and the kinds of revenues that are being raised by state governments as a result.»

Last month, Governor Jack Dalrymple called for a decrease in the state budget, since tax revenues are down and the budget outlook for the state is different from two years ago, when the price of oil was topping $ 100 per barrel.

The study's authors say they used the same methods researchers developed in a 2009 report titled «State and Local Government Sales Tax Revenue Losses from Electronic Commerce,» compiled by business professors at the University of Tennessee.

For the state, it could mean falling short of the $ 44 million to $ 82 million in annual revenue it expected to collect from the 17 percent tax on pot sales.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctitax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury AuctiTax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Almost all revenue from taxes on property in the United States is collected by state and local governments.

The revenue that results from residents» annual property tax payments goes toward public funding for the state, Dakota County and its local jurisdictions as well.

The state itself and its revenue are very dependent on taxes they get from extraction and other type of fees related to energy production.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

«Currently, under federal banking laws, many legal, regulated legitimate marijuana businesses — operating legally according to state law — are prevented from maintaining bank accounts and accessing financial products like any other business, such as accepting credit cards, depositing revenues or writing checks to meet payroll or pay taxes,» Perlmutter said.

That change would have raised revenue to help Republicans offset the losses from the massive rate cuts, and some proponents of it argued that the state and local tax deduction (known as «SALT») amounted to a federal subsidy of high - tax states.

«Though Congressional Republicans say they hate drugs,» he says, «if they take away revenue from people in California and New Jersey, these states have to make up the revenue somehow and they aren't going to raise taxes, so I do think cannabis will [be legalized] a lot faster than otherwise.»

Training grants, revenue grants and real estate tax abatements are a few of the economic incentives the city offers start - up businesses which have helped hundreds spouted up in Jacksonville or relocate from other states.

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

The states of Nevada and Mississippi still take in substantial revenue from taxes on other forms of gambling.

Federal Revenue by State for 2016 On March 25, 2018, we updated usgovernmentspending.com with the numbers from «SOI Tax Stats - Gross...

maybe if Perry didn't give tax cuts / breaks for the rich and gave away all that money to those that helpled him get elected and used all that extra revenue he would have had to use in funding to bring in water from other states and for funding local fire and rescue departments.

Although the Park Boulevard properties would add a slew of commercial and institutional buildings to Glen Ellyn, a normally large revenue source from annexation - more than $ 100 annually in rebated state taxes for each additional resident - would not be significant, because fewer than 10 homes would join the village.

Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.

An increase in corporate income - tax revenue from the state, which the Park District said reflected a better economy, also helped avert a property tax hike.

Nearly two years since the launch of New York's program, the state's five medical marijuana companies have struggled to generate revenue, combining for a gross total of merely $ 16 million before any taxes, expenses or other overhead costs from April 2016 through August 2017.

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.

Now, governors and state legislators are considering how to adjust their own tax codes to shield residents from paying more or, in some cases, whether to apply any of the unexpected revenue windfall to other priorities instead.

Foundation aid funding is typically seen as helping poorer school districts around the state that can not rely as heavily on revenue from property taxes.

«Whether we have more revenue or not, my Senate colleagues and I are not going to support additional taxes in the state of New York,» said Sen. James Tedisco, a Republican from the Albany area.

Currently the state receives most of its revenue from the personal income tax.

The del Lago casino in the Finger Lakes is seeking a better tax deal from the state to address its struggling revenue — slightly over a year since it opened.

You see, the governor says other tax revenues for the MTA were up this year (like gas taxes and other fees), meaning both dedicated and discretionary funds for the MTA coming from the state totaled $ 4.486 billion in «17 - 18, compared to the $ 4.456 billion from «16 - 17.

Your editorial also oddly criticized the budget both for continuing state tax cuts for the middle class and for actions to protect public health by raising revenues from large corporations, including from pharmaceutical companies that helped create the opioid crisis.

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.

New York State does not have a revenue problem, Adams said, pointing to data from the state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory State does not have a revenue problem, Adams said, pointing to data from the state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory fees.

Proponents of raising taxes on New York's wealthiest say they have a new impetus to increase the state's revenue — the continued bad news from Washington about deep federal cuts to health care and other areas.

«Although school districts more reliant on state aid derive a greater benefit from the current environment of low levy growth and increased state revenues, property taxes have traditionally been a more stable source of revenue than state aid.

Rates for particular kinds of state and local taxes vary much more than state and local spending from tax revenues per capita.

With help from the extra fare revenue, the creation of the state's Payroll Mobility Tax, and internal cost - cutting, the authority's finances steadily improved over the years, and it expects to close out 2017 with an $ 80 million budget surplus.

Joining them were politicians from high property - tax states such as New Jersey, Connecticut and California, creating a stumbling block for the new framework over the measure meant to help raise revenue for other tax cuts.

Despite his six - figure income funded by taxpayer dollars, Terry has since 2000 amassed nearly $ 1.2 million in federal liens from the Internal Revenue Service and more than $ 205,000 in state tax warrants.