Sentences with phrase «substantial tax increases»

Yukos was subject to substantial tax increases as a result of Russian tax revisions and when the company was unable to pay the incremental taxes, it was declared bankrupt in 2006 and its assets were seized and sold off.

One of the barriers to implementation has been the perception that it would necessitate substantial tax increases.

Not exact matches

The President's massive tax cuts and Congress's substantial spending increases are pushing government deficits into crisis territory.

«Although I don't subscribe to the view that the tax cuts pay for themselves,» he says, «there's considerable evidence to suggest that the increased investment they produce will generate extra revenues to offset a substantial share of those lost to the tax cuts.»

If these changes go through, there are many scenarios where a typical middle - class, family - run business from which the owners draw a salary of $ 100,000 could see a substantial — 20 to 50 per cent — increase in tax paid.

Although Republican supporters of the tax law argued that the influx of international profits would create jobs and increase wages, many economists disagreed that a one - time repatriation would have any substantial impact on real investment.

This may be reasonable, but given the substantial downside uncertainties with respect to NAFTA, Brexit, the U.S. tax cuts and the economic and fiscal outlook for the U.S. economy, we would have preferred an increasing contingency reserve over the medium term.

Facebook said he will use the «substantial majority» of the windfall to cover the massive tax bill he'll be hit with, thanks to his plan to exercise a large stock - options grant that will increase his ownership stake in the company he founded.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Despite increases in the prices of ingredients and taxes applied to their products, J.J. Taylor Distributing Co. is seeing substantial growth in craft beers rather than bargain brands.

I think the theory of it is fine, but I think the practical result is fewer people paying their taxes — some accidentally, some intentionally — and a substantial increase in enforcement costs.

Substantial increases in «sin taxes», which disproportionately hurt the lowest paid?

The revised scheme hits the rich hardest, but also requires a substantial increase in the basic rate of tax to 30 %, as well as lifting national insurance to 12 % of all income.

Cuomo called the increased costs a «substantial burden» on taxpayers and could risk an increase in property taxes.

De Blasio initially called for a tax increase on those earning more than $ 500,000 to pay for universal pre-K, but in recent days he has abandoned that push and is simply saying he is «confident» he will get substantial funding.

There will also be a «substantial increase» in personal tax allowances for lower and middle - income people from April 2011 - rather than the Conservative plan to raise employees» NI thresholds

It found that all the G7 countries except Britain and Germany have substantial tax incentives for companies that increase spending on research.

City property - tax rates are comparatively low, any substantial increase in rates is unlikely to win enough public support to make it through the required referendum, and that hike still wouldn't raise enough money.

The Illinois legislature last week considered but decided not to approve a property - tax relief measure that educators charged would have eliminated a substantial portion of the new funding that school districts are set to receive under an income - tax increase passed this year.

Those who dream of increasing federal spending on education will probably have to wait on broad - based tax increases and substantial entitlement cuts.

«'' I am vetoing this section entirely because the result is a substantial increase in property tax capacity that school districts may exercise without voter input.

With that increase came tens of millions of state tax dollars for charters, yet despite this substantial investment, charters have failed to live up to the state's mandate for «high standards of student achievement.

Gov. Brown Urges UCLA Students to Support Prop. 30 Gov. Jerry Brown brought his campaign for the Proposition 30 tax measure to UCLA on Tuesday, urging students at a rally there to vote for it or risk facing a substantial tuition increase.

As I understand it, any increase in the value of the stock is tax free which COULD be quite substantial.

The increase in inequality in both before - tax and after - tax income over the 35 - year period stemmed largely from a significant increase in inequality in market income, mostly because of substantial income growth at the top of the market income distribution.

The Tax Cut and Jobs Act included a substantial increase in the Standard Deduction that each taxpayer is able to take.

Home ownership is one of the most common ways people gain a substantial increase in net worth, said Crystal Stranger, an enrolled agent and president of 1st Tax, a nationwide tax firm that serves small businessTax, a nationwide tax firm that serves small businesstax firm that serves small businesses.

Features Tax Relief: The New Act and What It Means for Individuals Tax Strategies: In addition to adopting the largest of the president's 2001 tax cut proposals, Congress included a substantial number of reforms that provide significant increases to the maximum contributions allowed for retirement savings vehiclTax Relief: The New Act and What It Means for Individuals Tax Strategies: In addition to adopting the largest of the president's 2001 tax cut proposals, Congress included a substantial number of reforms that provide significant increases to the maximum contributions allowed for retirement savings vehiclTax Strategies: In addition to adopting the largest of the president's 2001 tax cut proposals, Congress included a substantial number of reforms that provide significant increases to the maximum contributions allowed for retirement savings vehicltax cut proposals, Congress included a substantial number of reforms that provide significant increases to the maximum contributions allowed for retirement savings vehicles.

It would cost the state substantial tax revenue while increasing unemployment by imposing requirements that are bad for pets, bad for pet owners and bad for the state of Illinois.

And while some conservatives, notably Charles Krauthammer, have long pushed for a substantial increase in the gas tax, they've insisted that it be «revenue neutral,» with clear compensatory tax reductions elsewhere.

In South Australia at least, the supply charge is a substantial part of all power bills; there would be no need for this to increase with the introduction of a carbon tax.

These flexibility needs are rapidly expanding as a result of numerous industry trends: (a) recognition by policymakers that renewable energy resources are needed to meet long - term emissions reductions goals; (b) customers» increasing desire to voluntarily procure renewable energy or generate electricity on - site; and (c) substantial technological improvements that have driven down the cost of renewable resources to the point where, even before accounting for tax incentives, they are the lowest - cost option for new generating plants in some regions of the country.

The tax package would provide a substantial incentive to people to use more environmentally polluting modes of transport... International studies clearly demonstrate that taxes on fuel should be increased... and the biggest increase ought to apply to diesel fuel because, at least in urban areas, it has the most damaging effect on human health.

If the tax is substantial, natural gas might serve as a bridge to an increased use of non-emitting technologies over time, including renewables and nuclear power.

The appellant has the advantage of having a very substantial sum in RRSPs and any appreciation in the value of the plans, whether through interest, dividends, or increase in value of equities, is tax - sheltered until withdrawal.

Therefore, S corporations and unincorporated businesses taxed under the GCT, BTX and UBT may see substantial increases in their NYC tax liability.

The majority of those surveyed in the report have «great» or «substantial» anxiety about housing affordability as a result of the new administration — eased only if policies deliver benefits like protections from mortgage and / or rent increases, secure employment and «stable» property taxes.

The city released its tentative assessment roll for the 2015 - 2016 tax year on Jan. 15, 2015, revealing painful and substantial increases in market value for both residential and commercial properties.

I provided instances over substantial time that unemployment DECREASES, tax revenue INCREASES.

Improved MLS system for members with increased functionality and ease of use, as well as substantial core services such as showing service, tax data, and statistical analysis tools.