Sentences with phrase «tax on hiking»

I am then ordered to pay a hefty tax on my hiking boots and, in return, you promise not to hike in the outback.

Not exact matches

Stephen Gordon has pointed out here on Econowatch that many tax policy discussions of late have involved hiking taxes that are perceived to be paid by someone else (the rich; corporations).

On the other side of the coin, workers» incomes are rising due to tax cuts and to hikes in minimum wages.

Much of the reporting on the first McGowan government budget has centred on payroll tax hikes and the new gold levy, but there is a lot of other stuff in there that bears examination.

The GOP's tax plan contains a little - noticed tax hike on big earners that could add another $ 12,000 to their annual tax bill.

Hagel's nomination comes on the heels of a New Year's Day deal that averted economic calamity when lawmakers agreed to prevent huge tax hikes and government spending cuts.

The GOP's tax plan contains a little - noticed tax hike on big earners that could add $ 12,000 to their annual tax bill.

With that in mind, and with Washington hiking expectations around tax reform, Cramer turned to the stocks and events he'll keep an eye on during a busy week for the markets.

Whether those rate hikes come to fruition will depend in part on the shape of fiscal policy and any stimulus measures — tax cuts, infrastructure spending — enacted by President - elect Trump and the incoming Congress.

If that were to happen, it would surely lead to the destruction of many small, online businesses and a tax hike on Americans, leaving us with less money in our pockets and fewer choices online.

Earnings estimates for the 2018 fiscal year are being revised upwards by some analysts to account for the impending bump from recent interest rate hikes and a U.S. corporate tax cut from 35 per cent to 21 per cent that took effect on Jan. 1.

A new party led by Tokyo Governor Yuriko Koike unveiled its election platform on Friday, pledging to prevent a planned sales tax hike.

The Fed has raised rates twice this year and expects to hike again in December and three more times next year, depending on fiscal stimulus including tax cuts planned by Republicans in Congress and in the White House.

In part on Trump's promises on tax cuts, spending and deregulation the Fed also upgraded its forecast for the number of rate hikes next year to three from two.

As far as we can remember, the Liberals only «hiked» taxes on banks.

The government's favourite talking point on recent tariff hikes is that the existing system represents a «special tax break for Chinese companies.»

If we take up child care tax credits (like Trump ran on), we need to finance them with some other kinda tax hike.

Overall, 53.4 percent of taxpayers see their taxes go up, with an average hike of $ 180; but 25.2 percent see their taxes go down, by $ 1,540 on average.

Credit raters, well aware that Alberta's energy - royalty days are on indefinite hold, have urged balance through spending cuts or revenue hikes, noting the province's high per - capita expenses and low tax burden make a dangerous combination, yet offer ample room to act.

In a call discussing Apple's earnings results on Tuesday, CEO Tim Cook directly attributed the buyback and dividend hike to the tax cuts.

It will also introduce a levy on companies with annual net income of more than 500,000 euros ($ 568,000) and hike the main corporate tax rate.

«Mr. Speaker, only a Conservative would call pushing the pause button on corporate tax breaks a tax hike,» he said, pointing his finger at the other side dismissively.

But legislators employed massive tax hikes to make it happen — a 32 % increase on state income tax and 33 % increase on state corporate tax.

On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.

A combination of price hikes and tax cuts has produced euphoria on Wall Street but risks inflaming tensions over prescription drug costs.

States tend to allow fewer deductions and credits than the federal government does, but especially in states with state - level Earned Income Tax Credits, eliminating deductions and credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a significant change, and potentially a tax hike on poor familiTax Credits, eliminating deductions and credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a significant change, and potentially a tax hike on poor familitax hike on poor families.

The draft legislation is the latest in a series of income cuts, tax hikes and reforms imposed on austerity - weary Greeks since 2010, when the debt crisis exploded that brought Greece to the brink of bankruptcy and expulsion from the eurozone — the club of European Union countries that use the euro currency.

No details were immediately available on the measures, which are expected to include across - the - board tax hikes, including raising the rate of consumer tax by one percentage point to 24 percent and increasing taxes on fuel, coffee, alcohol, tobacco and hotel stays.

Not only have the B.C. Liberals copied the «big ticket» items from the B.C. NDP platform, but they've refused to adopt the revenue measures designed to pay for them: modest tax hikes on profitable corporations and the richest two per cent.

Still, the lack of public clarity from Mr. Morneau on his tax - credit plans has fuelled speculation on Bay Street that tax hikes on investment income could still be on the table.

Yet since forming government, they have announced several tax hikes and more may be on the way.

But it's possible he was referring to the finding that the House GOP's measure crosses a bright line his administration has drawn for the exercise: No tax hikes on the middle class.

The Great and the Good have come down from on high, and delivered their decree: there shall be tax hikes.

Clinton will also hike tax rates rates on medium - term capital gains (i.e., investments held for less than six years) to between 24 percent and 39.6 percent.

VICTORIA — More than 500,000 B.C. families will see one of the largest ever medical services premium (MSP) tax hikes on January 1, thanks to Christy Clark's MSP shell game, says B.C. New Democrat Leader John Horgan.

In fixed income, rate hikes by the Fed have led to higher interest rates on the short end of the yield curve, while longer - term rates have remained more contained (despite recent increases following tax reform).

And one of the rare progressive tax proposals to outline an actual tax structure in Illinois would hike income taxes on residents earning as little as $ 17,300, inflicting serious damage on an already - weak state economy.

The corporate tax hike was part of her strategy to demonstrate that the WR were just PCs in wolves» clothing, equally intent on letting the corporate sector off the hook.

The territory, instead, tinkered with an old law to created a tax hikes which on the face seemed neutral.

If the Illinois General Assembly would simply restrict the growth of state spending to 2.89 percent (the average annual growth in Illinois» gross domestic product per capita since 2000), Illinois would be on its way to paying off its backlog of bills and eventually repealing the income tax hike.

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.

On the potential delay of the consumption tax hike in Japan: «It's one very easy show of supporting consumption and also it's a way of flexing political muscle,» Naomi Fink, CEO of Europacifica Consulting, told CNBC.»

In a last - ditch effort, legislators passed massive tax rate hikes including a 32 % increase on state income tax and a 33 % increase on state corporate tax.

In «Ontario's Tax on the Rich: Grasping at Straw Men,» Associate Director of Research Alexandre Laurin finds taxpayers» behavioural responses will reduce revenue over the long run by more than the province can expect to collect from the tax hiTax on the Rich: Grasping at Straw Men,» Associate Director of Research Alexandre Laurin finds taxpayers» behavioural responses will reduce revenue over the long run by more than the province can expect to collect from the tax hitax hike.

TOKYO (MNI)- The impact of the scheduled consumption tax hike in Oct 2019, in terms of the net burden on households, is expected to be about Y2.2 trillion, smaller than the previous hikes of Y8.0 trillion in fiscal 2014 and Y8.5 trillion in 1997, according to the full text of the Bank of Japan's Outlook Report, released Saturday.

Closing that gap further with taxes on high earners would eventually require more than doubling the payroll tax rate for high earners (assuming no additional money from investment income, as capital gains would already be past their revenue - maximizing limit), bringing the total tax hike to about 25 percent for those earners.

Another $ 8 billion is not a rounding error and is all the more unacceptable after the huge tax hikes imposed on the country's higher income earners who, frankly, support the system.

Japanese policy - makers on the balance express confidence so far that the policy mix has demonstrated an unexpected degree of success so far (thanks to appreciation in risk asset markets) alongside the credibility boost offered by the (so far) uneventful implementation of the April consumption tax hike from 5 % to 8 %.

«The Conservatives are even hiking taxes on hospital parking,» Mr. Christopherson continued.

No amount of misdirection about ending «the existing Wall Street paradigm of Blankfein, Dimon, and Schumer» will be able to cover up for the combination of a middle - class tax hike and a tax cut on high - earners.