Sentences with phrase «tax rates increasing as»

The tax system in Canada is a progressive one, with tax rates increasing as income increases.

Those tax rates increase as income increases.

(The full - time employee's after - tax increase is not double the part - time employee's after - tax increase because tax rates increase as income increases.)

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

As for «peak earnings,» Michael Wilson, chief U.S. equity strategist and CIO of Morgan Stanley Wealth Management, said in a note to clients on Sunday that» [W] e think the market is digesting the fact that the tax cut last year has created a lower quality increase in US earnings growth that almost guarantees a peak rate of change by 3Q.»

Tax rates usually increase with age as people win job promotions or retire with ample RRSPs that need to be converted to RRIFs (which require mandatory withdrawals at high rates).

As the tax plan advanced in Congress, forecasting shops at Goldman Sachs, JP Morgan, and others penciled in a faster pace of Fed rate increases — essentially expecting the Fed would need to lean against the inflationary outcome.

But nobody believes that when corporate tax rates increase, corporations will react by gritting their teeth and carrying on as before.

Fink said a corporate rate as high as 27 percent could satisfy U.S. businesses» need for tax relief, while avoiding an increase in the federal deficit.

The expected macroeconomic impact of the December 2017 tax reform, particularly the lower corporate tax rate and the temporary full expensing of investment, together with increased government spending, will begin to be felt in the second quarter and emerges as a powerful fiscal stimulus in the remainder of the year and in 2019.

Stateside, we anticipate up to three more rate increases this year as the already healthy U.S. economy gets a procyclical boost with U.S. tax reform and fiscal stimulus.

Roth IRAs are also great for investors that expect their income tax to increase over time as an investor can contribute money at their current lower tax rate and withdraw the money later tax - free.

Just as Ronald Reagan's landmark 1986 bipartisan tax reform increased simplicity, fairness and economic efficiency by broadening the tax base and reducing rates, today reform of the system has the potential to help American families and the economy.

Indeed, because the Trump proposal would redistribute after - tax income towards those most likely to save it, push up long - term interest rates because of debt pressures, increase uncertainty and the advantages of overseas production, it is as likely to retard growth as to accelerate it.

As a result, we recorded an income tax benefit of approximately $ 29.6 billion and we increased regulatory liabilities of our regulated utility subsidiaries by approximately $ 6.0 billion for the portion of the deferred income tax liability reduction that we will be required to, effectively, refund to customers in the rate setting process.

And if the fiscal problem becomes unstable — more deficit to finance than security markets will allow, the Fed will obey its political masters and finance the deficit by a hyper - inflation, or hyper - tax, as a burgeoning inflation simply taxes all fixed dollar wealth — bonds, dollars, life insurance values, etc. — by the rate of price level increase.

Recent estimates produced with models similar to JCT's have found the tax bills may increase the growth rate by 0.03 to 0.09 percentage points per year, producing as much as $ 200 billion of dynamic feedback.

Personally, I think an NDP proposal to increase corporate taxes to 11 percent would resonate much better with almost everyone as it would leave Alberta tied with BC for the lowest provincial corporate tax rates.

«Even though the consumption tax is scheduled to be raised by 2 percentage points, a number of measures to mitigate the burden, such as a reduced tax rate and an increase in welfare benefits for pensioners, and the provision of free education are planned to be implanted,» the report said.

Most of tax reform has a direct revenue impact and probably could be enacted through reconciliation, but it would either need to be revenue - positive over the long run or else rely on gimmicks, such as sun - setting rate reductions or other revenue - reducing provisions, to avoid increasing the long - term debt.

The update focused on fulfilling election promises such as removing the tolls on the Golden Ears and Port Mann bridges and increasing the general corporate income tax rate.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The General corporate income tax rate is increased to 14 % effective April 1, 2016 as per the NB 2016 Budget.

They have no familial memory of the Carter inflation, the property tax revolts, the failure of wage and price controls in the 1970s, the post-1964 increase in crime, or how «bracket creep» increased people's tax rates even as their purchasing power was declining.

In addition to possible increased capital - gains tax rates, buyers can be surprised by hidden taxes that can impact the transaction by as much as 50 percent in fees and penalties.

The purpose of the tax rate increase was to generate funds to maintain and upgrade the existing neighborhood centers, pools, parks and facilities as well as acquiring land and developing new parks.

The Glen Ellyn Park District is planning to build a $ 4.5 million aquatic facility at Newton Park as part of a series of projects to be financed through a proposed 17 percent increase in the district «s property tax rate.

Gov. Cuomo, Part II, still needs to cut a combined $ 2 BILLION from the budget this year and for the upcoming fiscal year and he will need to grow the economy and stop spending increases as the tax rates at the lower levels are permanent and indexed for inflation.

And while Mayor Bill de Blasio has proposed a «millionaire's tax» (which would increase the income tax rate for individuals making more than $ 500,000, and couples making more than $ 1 million) as a means of generating transit funding, it has yet to gain steam.

The revised scheme hits the rich hardest, but also requires a substantial increase in the basic rate of tax to 30 %, as well as lifting national insurance to 12 % of all income.

Cuomo touted both of those measures in his 28 - minute acceptance speech, as well as a phased - in minimum wage increase that some of his party - mates are trying to accelerate, and his decision to renew most of a suite of higher income tax rates first enacted in 2009 by David Paterson.

In subsequent years, the amount going to Upstate transit would increase at the same rate as sales tax growth.

The Fair Fix plan, as the mayor's office refers to it, calls for a 0.534 percent increase on the income tax rate for incomes above $ 500,000 for individuals, and $ 1 million for couples.

As for tax relief, the government will defer the increase in small business corporation tax, leaving the tax rate for 2009 unchanged.

Cuomo's Tax Commission is recommending a $ 1 billion reduction in property taxes, including a temporary halt to local government and school tax increases, as well as a decrease in the corporate tax raTax Commission is recommending a $ 1 billion reduction in property taxes, including a temporary halt to local government and school tax increases, as well as a decrease in the corporate tax ratax increases, as well as a decrease in the corporate tax ratax rate.

Even though the city has not increased the property tax rate during de Blasio's tenure, it keeps collecting more from the tax each year as assessments increase.

Liberal groups are eager for the expiring rates to set the table for a debate on increasing taxes on the wealthy, essentially defined as the 1 percent of top earners in New York, or those who make $ 665,000 and above.

The budget negotiations will take on a more urgent dimension in the coming weeks and lawmakers could fight the governor on taxes (the Assembly wants to increase taxes on the rich; the Senate has stated opposition to a tax hike or extension of the current rates), as well as education spending.

«It would be a tax increase no matter how you consider it because the tax code as it stands today the top marginal rate falls from just under 9 to just under 7,» Pokalsky said.

Increasing the personal allowance will take lots more people out of tax and thankfully middle - class families aren't going to pay the price by being dragged into the higher rate as they were with earlier increases.

As part of this, the 1999 Budget saw the standard rate of Landfill Tax increased to # 10 per tonne and the introduction of a «Landfill Tax Accelerator», under which the standard rate would rise by # 1 per tonne each year until 2004.

These rate increases take effect in February and come as local governments prepare budgets that take into account Gov. Andrew Cuomo's 2 percent cap on local property taxes.

«As a general rule, we consider that, where increases in rates of duties or taxes are proposed in the pre-Budget report, those increases should not come into force until after the House of Commons has had an opportunity to come to a formal decision on the proposed increase following the Budget,» the report says.

Cuomo over the years has shifted his tone on the tax rates and in 2011 indicated keeping the rates as they were was an increase.

For anti-poverty organizations, a key policy debate has been extending an expiring tax rate on millionaires as well as increasing taxes on even wealthier people who make more than $ 5 million.

School districts, local government advocates and the state's teachers unions had sought more sweeping changes to the tax cap, including making the limit easier to override as well as eliminating the provision that has essentially limited levy increases to the rate of inflation.

Kellogg said that for her and her running mates, the big challenges facing Hurley are, «Making a change in our local government, protecting the quality of life that we have in Hurley as development pressures move up the Thruway, protecting our water and the beautiful scenic qualities of our town, and maintaining our low tax rates as NYS mandates additional responsibilities to the localities without providing funding (at the same time that they cap our annual budget increases) and as we get additional pressures from New York City to reduce their tax contributions for the reservoir property.»

Treasury Chief Secretary Liam Byrne said the increase was explained by recovery in the economy as the country comes out of recession and existing tax plans such as the 50p rate for top earners.

The 2007 budget — his last as Chancellor — abolished the 10 % income tax rate for the lowest earners (5.1 million people), increasing their rate to the next highest, 20 %.

The groups called for a return to higher rates for top income earners, more spending on education and municipal aid — which they said would keep locally imposed property taxes in check — as well as increased oversight of several business tax credit programs.