Sentences with phrase «tax increase»

First, the tax increase will not be enough to cause the firing of any of these people / services.
Pete is right that the powerful argument against the 9 -9-9 plan is that it would be a big tax increase for the middle middle - class, those Americans who often didn't go to college and whose lives are becoming increasingly precarious and pathological.
In a potential contest over who becomes the «real conservative» alternative to the establishment candidate, Cruz could be the candidate of the middle - class tax cut while Rand Paul would be the candidate of the middle - class tax increase.
Most attacks focused on existing income tax + new sales tax =: (Better off sticking with the 9 -9-9 tax plan as middle and working - class tax increase.
Cain denies that his plan contains a VAT, claims that his plan is not a middle - class tax increase and says the other candidates do not understand his campaign's analysis.
That's why they're so hostile to anyone who votes for any kind of INCOME tax increase.
But the progressive vision of bigger government remains unsustainable, because the tax increase is insignificant as a funding device: If even under the....
This all sounded really good, but does it sound worth a middle - class tax increase?
they supported Cain because they didn't know it was a middle - class tax increase.
Boehner's Machiavellian cleverness in allowing the little guy — and especially the little self - employed guy — to feel some — but not too much — pain was a fine way to remind the president that he really can't get away with a tax increase that actually hits most of the voters.
Cain kept rising in the polls for a couple of weeks after that, but if other missteps and a sex scandal hadn't destroyed his candidacy first, the growing realization that he had proposed a middle - class tax increase would have finished him.
When it became obvious that the third nine was a 9 % value added tax on top of the 9 % sales tax and the 9 % flat income tax, my thought was «This sounds like a middle - class tax increase
It didn't sound like a tax increase.
The carbon tax increase was not part of the NDP platform, but was part of their post-election agreement with the B.C. Green Party.
Eliminating PST exemptions on environmentally friendly products: The B.C. Liberals» HST doublecross resulted in a 7 - per - cent tax increase on numerous environmentally friendly products, including bicycles and Energy Star rated appliances and windows.
European economies continue to show minimal growth, China appears to be decelerating and the Japanese domestic economy is still recovering from a large sales tax increase.
Recent retail sales gains suggest the economy has maintained sufficient momentum to weather the tax increase, and there have been signs of recovery in the labour market.
In Germany, real GDP rose strongly in the March quarter, as consumers brought forward expenditure ahead of the April consumption tax increase, and equipment investment rose strongly.
Thomas says educators should focus on a campaign for a November ballot measure that would raise education funding from an income tax increase on wealthy residents.
By cancelling the planned carbon tax increase, Alberta would be sending a message to the federal government that we will not tolerate assaults on our economy.
A large drop was forecast due to the surge in spending seen last year in March ahead of a sales tax increase in April 2014.
Progressives will be expecting the government to deliver on its ambitious social agenda, and will note that this could be easily funded on the revenue side by implementing a modest corporate tax increase, by scaling back the so - called middle class tax cut, and by setting more ambitious targets for the promised Liberal review of tax loopholes for the most affluent.
The result will be a tax increase in 2027 for more than half of all Americans — 53 percent, according to an analysis from the Tax Policy Center.
Others, anticipating a potential tax increase with a Clinton win, wondered if they should be buying more munis.
Budget The City of Edmonton approved their 2011 budget with a 3.85 % tax increase.
While Madigan would have Illinoisans believe it would only be a tax increase on the rich, recent history and Illinois» spending problems dictate the middle class would face tax hikes under a progressive tax system — where income is taxed at increasingly higher rates, rather than the current flat rate of 4.95 percent.
While an annual 2.2 % tax increase may seem reasonable at face value, the result is that property taxes in New Jersey have never been higher.
«A major concern expressed by smaller businesses is the incremental CPP premiums, which they perceive as a payroll tax increase that will raise their cost of employing workers and thus discourage hiring.
The biggest long - term change for taxpayers in the bill, it would result in a tax increase over the long run, long after the tax cuts expire.
Even the new Progressive Conservative government of Brian Pallister in Manitoba, elected last year on opposition to a sales tax increase by the previous government, is toying with new taxes, including a carbon tax and higher taxes on insurance products.
The government's own budget survey results showed 69 % of Albertans support a corporate tax increase, a point the NDP has stressed.
We have not had a fuel tax increase in America since 1992.
Related: Trump Flirting With The Idea Of A Federal Gasoline Tax Increase
«It would be reasonable to expect the average price of homes that middle - class buyers acquire to decrease in line with the amount of the tax increase.
Did you hear people fighting this tax increase?
Furthermore, immediately repealing LIFO and replacing it with FIFO would cause companies to claim large one - time profits from their historic inventories, which would be a massive one - time tax increase.
In comparison, the Canada Child Benefit program will deliver $ 5,650 in tax - free payments, a net after - tax increase of $ 2,505.
House Speaker Paul D. Ryan of Wisconsin is among the Republicans from outside California who have contributed to the campaign to repeal the state's gas - tax increase, showing the effort has national interest from GOP leaders who see it as a way to boost their party's chances in the Golden State for this year's election.
Chicago's sales tax rate will hit a whopping 10.25 percent next year, and just in time for Oscar Mayer to move into its new digs in the AON Center near Millennium Park, the Chicago City Council passed the largest property tax increase in modern city history.
In addition, under the Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA), there have been no income limits on Roth conversions of traditional IRAs since 2010.
Instead, they will receive $ 7,030 in tax - free Canada Child Benefit payments, a net after - tax increase of $ 1,901.
And, at some point, the government will no longer be able to borrow to fund the deficit, which means a tax increase or reduced spending.
They will receive $ 3,940 in tax - free Canada Child Benefit payments, a net after - tax increase of $ 2,039.
Plus, a gas tax increase of 12 cents also took place in October 2017 to fund state transportation projects.
Practically all - political strategists will tell you that any political party that even hints at a tax increase will be crucified at election time.
It is worth noting that the B.C. government's gimmick of limiting the upper - income tax increase to two years, while perhaps making the move more politically palatable for its base, is bad public policy.
The proposal is about the federal government providing funding to groups, who need assistance and paying for this additional funding by a small «revenue neutral» tax increase.
But we are not selling a tax increase.
A gas tax increase in 2017 boosted the state's wholesale tax to 58 cents per gallon.
Georgia experienced a modest 0.5 cent gas tax increase on Jan. 1 of 2018; the rates will be revisited at the end of the year.
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