Sentences with phrase «tax burden does»

Assembly Speaker Carl Heastie, when announcing the Assembly plan to add tax brackets for the super rich, said it would generate $ 5.6 billion in additional revenue that would ensure «our communities have better schools, New Yorkers have better access to health care and that tax burdens do not crush those who are struggling to make ends meet.»

«By ensuring that tax rates are tailored to expect more from those who can most afford it, we can make sure our communities have better schools, New Yorkers have better access to healthcare and that tax burdens do not crush those who are struggling to make ends meet,» said Assembly Speaker Carl Heastie (D - Bronx).

Instead of discouraging productive effort, initiative and investment as other tax burdens do, a tax on carbon pollution raises the cost of harmful activity and thereby encourages efficiency and renewable energy.

Not exact matches

While it's not as generous as taking the grant approach, it does eliminate the tax burden on the employee and it means any gains are taxed at a long - term rate depending on the holding period.

Expanding the program, though, doesn't fit with the IRS's assurance that it is «working diligently to minimize burden on both taxpayers and tax professionals.»

They call carbon pricing a tax that will make Canada uncompetitive, particularly up against a U.S. that doesn't have a similar burden.

The state has the fifth - highest tax burden in the nation, according to the Tax Foundation, contributing to Wisconsin's 26th place ranking in our Cost of Doing Business category compared to 24th four years atax burden in the nation, according to the Tax Foundation, contributing to Wisconsin's 26th place ranking in our Cost of Doing Business category compared to 24th four years aTax Foundation, contributing to Wisconsin's 26th place ranking in our Cost of Doing Business category compared to 24th four years ago.

Michigan's ranking in our important Cost of Doing Business category has barely budged — 32nd then, 31st now — in part because we consider tax burdens on individuals and corporations in computing costs.

So even Hubbard does not dispute that there's a huge cost burden to the new tax package.

Don't put all the burden on putting more money in people's pockets on tax cuts.

«Many nonfinancial firms do have the balance sheet capacity to expand investment, and reductions in corporate tax burdens could have a positive impact on their cash flow,» the IMF writes.

The two were closely linked for decades, but since about 1980 they have diverged, with wage growth falling far behind productivity growth, for reasons having nothing to do with corporate tax burdens.

The models used by the Congressional Budget Office, the Joint Committee on Taxation, the US Treasury Department (unless it has just now been directed to do otherwise), and the nonpartisan Tax Policy Center all assign the vast majority of the burden of the corporate tax to shareholders or investors more generally, not to workeTax Policy Center all assign the vast majority of the burden of the corporate tax to shareholders or investors more generally, not to worketax to shareholders or investors more generally, not to workers.

Financial Aid: In 2017, for the first time ever, America's public universities received more revenue from tuition than they did from tax dollars — a funding model that places a higher burden on students and their families and risks widening economic inequality, even as the population of would - be students becomes more diverse.

In doing this, the Government will be reducing the tax burden on individuals, benefitting as many as two million British Columbians.

Obviously this doesn't reduce my current tax burden but it does reduce my future tax burden.

They have a significant impact on almost every area of personal finance, and much of the planning we do is intended to reduce our tax burden.

In the wake of an open letter in January from Larry Fink, CEO of BlackRock, exhorting businesses everywhere to focus on their social impact rather than simply maximizing profits, they wondered whether Moynihan might feel under more pressure to do so now that tax reforms would be lightening the burden in the future.

And to cap matters, bankers seek to distract voters from realizing that if the government does not tax land rent and other unearned income, it must burden labor and capital — consumers and employers.

He says that large, multinational corporations have many more strategies available to them to reduce tax burdens than smaller, domestic firms do.

To ensure their ultimate benefit is realized by innovators, the government should ensure that these tax measures are as streamlined as possible and do not become a burden of paperwork for the high - growth firms.»

And when creditors turned their economic gains from this process into political power to shift the tax burden onto wage earners and industry, this raised the cost of living and doing business — by more than technology was able to lower prices.

To do this we can not overburden corporate america with taxes that are too high and also we can not burden the ecomomy with too much debt.

I just wonder why they are not fighting just as hard against other forms of «killing humans» like the death penalty (no one can say no innocent people have died on death row) the poor and sick and many elderly being allowed to starve and freeze because the religious right doesn't want to shoulder that burden through their taxes.

As Lewis Lapham says, the barbarism in Washington today doesn't dress itself in the costumes of the Taliban, but wears instead the smooth - shaven smile of a Senate resolution sold to the highest bidder — for the drilling of the Arctic oil fields, for the lifting from the rich the burden of the capital - gains tax, for bigger defense budgets, for reduced medical insurance, for enhanced surveilance, or for some new form of economic monopoly.

Although Buchanan protests the increased burden of taxes on workers, he does not criticize the easing of the burden on the rich.

... The barbarism in Washington doesn't dress itself in the costumes of the Taliban; it wears instead the smooth - shaven smile of Senate resolution sold to the highest bidder — for the drilling of the Arctic oil fields or the lifting from the rich the burden of the capital - gains tax, for bigger defense budgets, reduced medical insurance, enhanced surveillance, grotesque monopoly.

There are many ways to obtain more in tax revenue, but taxing the rich alone will do very little to reduce the debt burden being passed on to our children.

Until we reduce the tax burden so that someone can stay home during the critical first three years of babies» lives, we're stuck with misplaced, lactating women who at least are trying to do the next best thing for their children.

«People who don't pay the taxes that they should undermine the economy, damage our public services and place an extra, unfair burden on hard - working families and companies who play by the rules,» Liberal Democrat chief secretary to the Treasury Danny Alexander said.

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.

Basically, the guiding principal of tax law is that you should, in general, pay the same amount of tax no matter what you do or how you structure your money, unless you employ a method explicitly approved by Congress to lower your tax burden, for specific inducements (e.g. 401k and Roth IRAs, college savings plans, health care plans, etc.).

Government prosecutor Mario Maza said Messi and his father did not prove their innocence and were not able to show that the player did not have at least some knowledge of the corporate structures created to lower his tax burden in Spain.

This would be better than UBR, because it does not burden the occupier with a tax on the value of property used for the business (which is distortionary).

But if you still have the same old crushing taxes, and the same old burdens and an anti-business climate no matter how many new buildings you build, and they may be filled for a couple years but then they'll start leaving like everyone else is doing today,» Astorino added.

The economic argument is debatable and opinions differ, but do you think the large numbers of struggling upstaters enjoy the high taxes, ever increasing fees (example: the cost to have your vehicle inspected DOUBLED from 2010 to 2011 and is now one of the highest in the nation) and endless financial burdens they as lower and middle class people endure while the rich bankers and CEOs downstate laugh at them?

Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.

Thousands of Nassau property owners who had not challenged their assessments since County Executive Edward Mangano overhauled the process in 2010 filed appeals this year, raising the prospect of millions of dollars in savings for them and an even larger shift in tax burden from those who appeal to those who don't.

CEO of the NYS Realtors Association Duncan MacKenzie said, «For too long, too little has been done to address the crushing burden of property taxes made by arduous mandates in New York State.

Would shifting the tax burden to ask more from those who have done best be old Labour, even to fund council tax cuts for the many?

We need to reduce the tax, pension and regulatory burden and allow businessmen and women to do what they do best - create jobs and wealth,» Mr Davis said.

Yet in spite of everything it has done to keep a lid on property taxes, we think state government can do more to ease the burden on local taxpayers.

The burden of property and other local taxes weighs more heavily on Long Island than it does nationally.

«Republicans for generations have said that raising taxes will lead to wealthy New Yorkers leaving the state, increasing the burden on everyone else, and that's exactly what the repeal of full state and local tax deductibility will do.

Some have also criticized the program for giving its companies an unfair advantage over existing employers and doing little to address the state's overall tax burden.

Cutting spending is the only way Cuomo can feasibly afford to ease the tax burden on New Yorkers, but this is obviously something he doesn't want to do.

To fix the county's property assessment system, which they blame for shifting more of the tax burden onto middle - class homeowners who don't file grievances, Curran and Maragos want more frequent reassessments to better reflect market values.

It's time for those who have been the sole beneficiaries of New York's insane tax burden to do their fair share and accept the cuts that are needed to Save New York.

«The government should follow their example and do more to cut the tax burden on those on the lowest incomes.»

«While there is more work to do to lessen the overall tax burden on New Yorkers, these bipartisan reforms, adopted as part of the budget are an important step forward to improving the business climate.»