Sentences with phrase «tax raise»

The phrase "tax raise" means increasing the amount of money people and businesses have to pay to the government in taxes. Full definition
These are separate from other forms of local government and have their own tax raising powers.
Be aware of potential property tax raises after sale, utilities, deferred repairs, etc..
The rush for costly mitigation actions and for the implementation of direct or indirect carbon taxes raised the suspicion that things were moving too fast.
If they're going to build new affordable housing with taxes raised that's one thing.
Why tell us that it's impossible to hit higher earners more, even though there are perfectly viable tax raising measures in the Lib Dem manifesto?
I do not know much about finance but a recent article about companies paying our not paying correct taxes raised a question.
«Despite the devolution of a range of tax raising powers to the Scottish Parliament, the Scottish budget making process remains heavily dependent on the interactions with — and implications of — decisions taken at Westminster.
The mayors would at least like to see an exemption for taxes raised to fund capital projects.
Labour leader Ed Miliband has suggested Shadow Chancellor Ed Balls will block any attempt to give London's mayor new tax raising powers.
The Commission argues that Welsh government should have a share of the income tax raised in Wales, and be able to borrow on the basis of that tax revenue (albeit within fiscal limits).
Despite the row over Welsh income tax between David Jones and Andrew RT Davies, both men agree that there should be a referendum on giving the Welsh Government income tax raising powers - and that the Conservatives would campaign in favour.
Rather, Sikora said, they would like to see taxes raised on Wall Street corporations to pay for necessary infrastructure changes.
The amount of tax raised from detected cases has, however, increased by 13 per cent since 2003/04.
However its location, and most recent election of an NDP tax raising government in MB means it will not be an ideal place to invest for many many years.
It's frankly outrageous that Osborne has opened the door to devolve tax raising powers to Wales without a referendum for the people.
Though the falling tax rate looks like amazing to French traders, it should be noted that the added generalised social contribution tax raises this slightly.
The expenditure of tax raised funds thus authorized was for a public purpose, and did not violate the due process clause of the Fourteenth Amendment.
We also propose decentralising tax raising powers to local authorities, which the evidence shows boosts growth and improves public sector efficiency.
They even preface their report by emphasising how much they approve of the Lib Dems» tax raising proposals.
The agreement promises to retain the Barnett formula for financing the difference between tax raised in Scotland and public spending in Scotland.
This will involve the government matching the council tax raised on each new home for six years (with an additional amount for affordable homes), therefore ensuring that local residents see a positive benefit from each new development.
Government tried to also justify why they needed such taxes raised,» he added.
In Scotland, a tripartite Budget Process Review Group was established in September comprising representatives of the Scottish Government, Scottish Parliament and wider civic society, to review the Parliament's budget process following the devolution of further tax raising powers.
Green taxes raise the price of pollution and ensure we pollute less.
The Conservatives recently outlined plans to devolve additional tax raising powers to the Scottish Parliament, allowing it to raise 40 % of the money it spends.
The Chancellor also pressed ahead with his plans to devolve more powers to local government, giving elected mayors greater tax raising powers and flexibility on business rates.
Former minister Owen Paterson said people would see it as «unfair» that Scottish politicians would continue to vote on taxes raised only in England.
«The proposed surcharge is a tax, and taxes raise prices,» Union College economics professors Lewis Davis and Jia Gao, wrote in the study, which is set to be released as early as Wednesday.
Since 2002, 48 states and DC have seen cigarette taxes raised cumulatively more than 130 times.
By law, British Columbia must return every dollar of carbon tax raised back to British Columbians, by lowering other taxes.
In the town of Lyme, with nearly 2,000 people, adoption of a landfill tax raised the share of garbage recycled from 13 percent in 2005 to 52 percent in 2006.
The good news is the incremental tax raised on the total payroll bill will be returned to the employer through an online account, along with an uplift of 10 % from the government.
The Prime Minister's promise then to prevent future tax raises should not only be seen as pointless and unconstitutional, but a direct threat to our health itself.
In late 2010, discussions related to cutting Federal taxes raised anew the following concern: how much would an annuity cost a retiree if he or she had to replace his or her Social Security income?
As a result, retail sales taxes raise the Canadian METR [marginal effective tax rate] by approximately 2.5 percentage points, compared to the 9 percentage points that would prevail in the absence of any exemptions.
The Conservatives have promised to devolve more powers to Scotland, but Cameron is maintaining he is willing to go no further than the proposals published by the Smith commission, offering partial responsibility for tax raising.
Even with a «No» vote, Scotland will have significant new tax raising powers.
Property taxes raised for city operations will be $ 33.9 million.
Welsh Secretary David Jones will today exercise his right to sit and speak (though not vote) in the Assembly for its debate on the Queen's Speech, including changes to devolution that involve giving income tax raising powers to the Welsh Government, subject to approval in a referendum.
The Labour leader said nothing about the further devolution of tax raising powers but promised that the party would make sure that Wales was not» «unfairly disadvantaged» by the Barnett formula.
This tax raised an amount of revenue that was close to 1.0 percent of its GDP.
This tax raises roughly $ 1.2 billion to finance its budget.
If the taxes on a property are up against that limit (or «in compression») taxes on that property can not go up, even if everyone else gets a tax raise.
For example, retailers remit sales taxes, but those taxes raise the prices faced by consumers, who ultimately bear much of the burden of the tax.
Moreover, the new tax raised the company's estimated income tax to «an astonishing and unsustainable 91.5 % of its net income.»
AS FAR AS INCREASED TAXES FOR ALL - If the wealthy will have to endure a tax raise no matter what, let's go off the cliff and let everybody endure the tax raise compliments of Obama.
Think of the Obama voters you know who don't want their taxes raised, don't think government works very well, and oppose late - term abortion, but who are going to vote for Hillary Clinton because they think of conservative politics as a battle between the grasping rich and the violently racist.
Christian Porter said Australia's welfare system «was costing over 100 % of all income tax raised» under Labor after the GFC, and that it's «around 80 %» under the Coalition.
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