Sentences with phrase «tax increase in the coming years»

«This year our members will be called upon to increase efficiencies, implement cuts, and ensure that taxpayers of Erie County are not faced with a tax increase in the coming years.

Not exact matches

In recent years the UK tax collector, HMRC, has come under pressure to crack down on tax evasion — which is illegal, whereas avoidance is not — and increase tax receipts.

Given recent economic developments (which suggest there will be no surplus this year) and global uncertainties, together with a commitment by all three major political parties to balanced budgets and no tax increases (other than the NDP), it would be fiscally imprudent for any political party to make new major election «promises» in the coming months without indicating how they would be financed.

We also note with concern that the new small business payroll tax comes on top of previously announced minimum wage increase (of 34 % over four years), an increase in the general corporate tax rate of 9.1 %, a 14 % increase to the personal income tax rate of most «skilled professionals», and a previously scheduled increase in the BC carbon tax of 16 %, moving up a further $ 5 to $ 35 per tonne of GHGs emitted.

A party pursuing an agenda of increased tax and redistribution, regulation and nationalisation is never going to have a cosy relationship with media barons and big business in general (though it's worth noting that the corporate lobbyists who stayed away from last year's conference came flooding back this time) but it can reach people in other ways.

The campaign releases themselves (a typical headline: «Amedore Voted For 96 Tax Increases In Last 2 Years») come as Democrats hope to compete in suburban and upstate districts in which taxes could be a key issue for moderate voterIn Last 2 Years») come as Democrats hope to compete in suburban and upstate districts in which taxes could be a key issue for moderate voterin suburban and upstate districts in which taxes could be a key issue for moderate voterin which taxes could be a key issue for moderate voters.

A report released by Comptroller Tom DiNapoli's office on Friday raised the possibility of potential budget gaps in coming years as a result of increases in spending, tax cuts and one - shot revenue sources in the current - year spending plan.

Donohue said it has increased the events coming to Albany by 77 percent in 2017, and will eventually generate $ 1 million a year in sales tax.

Paying off the interest and principal from the borrowing would come from a 10 - cent increase in the state's gas tax, half of a percent increase in the income tax rate for those who earn between $ 500,000 and $ 2 million and a $ 60 million contribution from New York City in the first year, with an extra $ 60 million added every year to the fifth year, capped at $ 300 million.

After the state's tax cap was re-approved for another four years in June, Gov. Andrew Cuomo indicated on Thursday he has little desire to see it tinkered with further — especially when it comes to the ability to override tax increases.

In signing the state's 2013 - 15 budget bill Sunday, Gov. Scott Walker left unchanged a tax increase that is estimated to cost construction companies and other heavy users of the state's unemployment fund millions of dollars in the coming yearIn signing the state's 2013 - 15 budget bill Sunday, Gov. Scott Walker left unchanged a tax increase that is estimated to cost construction companies and other heavy users of the state's unemployment fund millions of dollars in the coming yearin the coming years.

The high collection rate came during a year in which city property owners saw a tax increase of 14.5 percent to fund the $ 69.9 million budget.

Over the course of the last three fiscal years, the temporary tax increases raised a total of almost $ 7 billion, with $ 2.2 billion of that total coming into the state treasury in 2005 - 06 alone.

Local governments and schools in New York State say they are struggling over a property tax cap that will allow what amounts to a zero percent increase in tax levies in the coming year, but Governor Andrew Cuomo said they'll likely have to stick with those rules.

Wilber's budget for the coming year, on which the town board will vote shortly after the election, calls for a tax levy increase of 0.823 percent, meeting the state's imposed cap on taxes, factoring in Woodstock's growth rate.

Bellone had said the county has made progress with its budget since he came into office four years ago, cutting the county's structural deficit in half while keeping property tax increases under the state's tax cap.

Albany faces even larger deficits in the next two fiscal years, after the expiration of a temporary tax increase on the wealthy in the coming year and the end of federal stimulus financing in the following year.

Local governments and schools say they are struggling over a property tax cap that will allow what amounts to a zero percent increase in tax levies in the coming year.

Buoyed by rising employment and Wall Street profit - taking, along with voter - approved tax increases, California finished its 2012 - 13 fiscal year on a strong note with revenues coming in some $ 2 billion more than was forecast, according to new figures from the state's fiscal officers.

Of course, nobody wants that, so there's a strong possibility that a major change — tax increases, benefit cuts, or a combination of the two — could be implemented in the coming years to extend the program's solvency.

In light of the growing trend of the economy, the veteran finance minister of Bangladesh, Mr. AMA Muhith, has come up with a target of increasing the Tax - to - GDP ratio to 15.3 % by the Income Year 2018 - 2019.

I mentioned before that proponents argue that scaling back welfare programs will free up money to allocate to the UBI budget; in addition to that, they also think that if people will be getting money from the government, it makes the tax increase easier to swallow (if you're paying an extra $ 8,000 a year in taxes but getting $ 12,000 annually in UBI, you're still coming out on top).

-- Took another step toward a November referendum on a penny sales tax increase, directing attorneys to come back with proposed ballot language for a 30 - year increase in the tax.

Chawla also states that he expects the declaration of bitcoin taxes to increase over the coming years due to growth in adoption in 2017, «However, given the popularity of bitcoin and cryptocurrencies in 2017, we'd expect more people to be reporting.»

With the increasing popularity of bitcoin and the like, this year's tax campaign in Europe comes with many questions on how to report and pay crypto...

Taxes With the increasing popularity of bitcoin and the like, this year's tax campaign in Europe comes with many questions on how to report and pay crypto tTaxes With the increasing popularity of bitcoin and the like, this year's tax campaign in Europe comes with many questions on how to report and pay crypto taxestaxes.

Impound accounts substantially increase recurring closing costs (see above) because they require escrow officers to collect an additional three to eight months of property taxes and up to a full year of insurance to «pad» the impound account to make sure there is enough money in the account when the property tax and insurance payments actually come due.