Sentences with phrase «taxes by billions of dollars»

Of Republican Gov. George Pataki, Levy said in debate: «The governor is raising taxes by billions of dollars, taxing everything that moves, taxing everything and everyone — except those who can most afford to pay.»

Not exact matches

It's this forbidding territory that Exxon (xom), under Tillerson, has turned into one of Russia's most lucrative oil provinces, affording Russia a crucial entry into the fast - growing oil markets of Asia, generating nearly $ 5 billion in tax dollars and other revenue for the government to date, and generally being, by Moscow's lights, a good corporate citizen.
A new report by the Treasury Inspector General for Tax Administration says the IRS is doing too little to go after employers suspected of hiding wages and failing to report billions of dollars in...
American multinationals like Apple can legally dodge tens of billions of dollars in taxes each year by parking costs at home while moving profits abroad.
After a lengthy inquiry, the committee found that the company had avoided tens of billions of dollars in taxes by shifting profits into Irish subsidiaries that the panel's chairman called «ghost companies.»
Are the billions of dollars of «earnings» reported by Wall Street speculators to be taxed at the low 15 % «capital gains» rate?
The tech giant has found a tax haven in the island of Jersey, leaving billions of dollars untouched by the United States, leaked documents reveal.
CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt Apple's $ 17 billion corporate bond offering was not only the largest in history, but it exemplified a clever financial strategy that will save the company billions of dollars in US taxes.
Insurer Allstate likely made its investors happy this February when it announced that it was boosting its quarterly dividend by 24 percent to 46 cents a share, a benefit of the half - billion dollars in profit freed up by the recent cut to the corporate tax rate.
Efforts to eradicate coca in the coffee - growing nations of Colombia, Peru, and Bolivia are funded by your tax dollar, to the tune of $ 5 billion so far.
The possible repeal and replacement of the Affordable Care Act could reduce the state's funding for health care by several billion dollars, and the tax reform proposals could eliminate state and local tax deductions.
New York Governor Andrew Cuomo is appointing a new tax cutting commission that he's charged with finding ways of slicing state revenues by $ 2 to $ 3 billion dollars next year.
«We can raise hundreds of billions of dollars by closing corporate tax loopholes and assuring that the rich pay their fair share, so that big corporations and the wealthy take responsibility for contributing to building strong communities,» the party's draft platform says.
What was bizarre about the HCRA tax was that all this money, billions and billions of dollars flowing into the state and flowing back out again for more than 20 different public health programs by the early 2000s, almost none of it was on the books.
The measures were part of a package of initiatives focused on poverty and income inequality rolled out by the governor in the run - up to Wednesday's State of the State address, involving billions of dollars in services and tax abatements.
Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced Friday that they're talking to leaders of other states that stand to be hurt by the federal tax plan that's expected to cost taxpayers in their states billions of dollars.
«The legalization of marijuana by Colorado and California is starting to generate billions of dollars in tax income for those states,» Collin said.
The plan, if approved by the Legislature and fully implemented, would mean two billion dollars worth of tax cuts for homeowners, renters and businesses in the state.
Replacing income taxes with am employer payroll tax, leaving Washington, not Albany, on the hook for billions of dollars in lost revenue, might sound good, but the idea floated by the governor is already running headlong into a barrage of practical questions about how precisely such a switcheroo might work.
Howie Hawkins, the Green Party candidate, has laid out how he would raise $ 34 billion: stop rebating $ 16 billion annually to Wall St. speculators from the stock transfer tax; raise $ 8 billion, and give 95 % of us a tax cut, by going back to the state tax system of 30 years ago; and raise $ 10 billion by a 50 % tax on bankers bonuses after we gave them trillions of dollars in bail out.
Instead, the release cites McDonald's support last December of a «3 billion dollar tax increase even though his campaign pledge was not to support taxes,» and his backing of a recent attempt to «weaken the tax cap» by allowing school districts to bond out pension costs.
Anyone who is even thinking about supporting the New York City Democrats would be well served to remember what they did the last time time they controlled our entire state government ---- enacting 124 different tax and fee increases totaling $ 14 billion, overshooting the budget by billions of dollars and pitting one region of the state against another.
The state has a $ 4.4 billion dollar deficit, and there's uncertainty over the effects of the federal tax overhaul on the state's finances, as well as possible big funding cuts by President Trump and Congress.
Revenues from the ongoing Wall Street rally will be a «bright spot» heading into potentially difficult state budget talks complicated by the federal tax overhaul, but New York government leaders shouldn't count on stock market gains to cover a deficit projected to be in the billions of dollars, the state's top fiscal officer said Tuesday.
Of course, this will be made somewhat easier by the governor's agreement with the legislature last month to extend $ 2.6 billion in higher income - tax rates on million - dollar earners, offset in part by small rate cuts for middle - class filers.
Speaking at a public lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired by Former President John Agyekum Kufuor, Dr. Bawumia revealed that, the total cost of infrastructure from loans, grants and taxes from 2009 to date, is around 7 billion dollars, whereas government has borrowed in excess of 39 billion dollars.
And she even voted to raise taxes by $ 2 billion dollars on the job creators — splitting with the majority of her own party.
«Jeff Klein and his fellow Senate Democrats raised taxes on New Yorkers by more than $ 14 billion dollars the last two years, cost the state tens of thousands of jobs, took away billions in property tax relief from homeowners and spent taxpayer money like drunken sailors.»
Taxing junk food and subsidising healthier options could save Australia billions of dollars by preventing people from getting sick.
By far the largest is California's Proposition 30, which would generate billions of dollars a year by hiking sales and income tax rateBy far the largest is California's Proposition 30, which would generate billions of dollars a year by hiking sales and income tax rateby hiking sales and income tax rates.
Each year there are billions of dollars in refunds claimed by sneaky thefts — they steal your personal data and file falsified tax returns to nab a fraudulent tax refund.
An open - ended declaration to stay «as long as it takes» lets Iraqi factions maneuver for their own political advantage by making us stay as long as they want, and it becomes an excuse for billions of American tax dollars to be sent to Iraq and siphoned off into the coffers of cronyism and corruption.
Only a cartoon character without a soul could actually defend large corporations and the wealthy who avoid more than $ 100 billion in taxes every year by setting up offshore tax shelters in places like the Cayman Islands (home to more than 18,000 corporations), Bermuda and the Bahamas that help giant multinationals like General Electric avoid billions of dollars in corporate income taxes.
«Yet Republicans insist on giving tax breaks to the superwealthy while shortchanging programs like Head Start, No Child Left Behind, student loans and grants, and other education initiatives by billions of dollars
The lion's share of these ARRA education dollars was appropriated through the new $ 50 billion State Fiscal Stabilization Fund (SFSF), a population - based program created to expeditiously replenish education budgets decimated by declining tax revenue.
The impact of this idea is being fiercely felt today with state legislatures spending billions of tax dollars to fund separate, unfair and unequal systems of publicly funded education choices, including private school vouchers championed by Betsy DeVos and Jeb Bush.
Having failed to right the ship of state, Malloy engaged in a desperate attempt to save his political career by telling Connecticut's voters that there was no state budget deficit this year and that he would eliminate the $ 1.4 billion dollar projected budget shortfall for this coming year without having to raise taxes, cut services or seek concessions from the state employee unions.
Brown said the policies he had promoted were addressing those issues: Passage of Prop. 30, the initiative approved by voters two years ago that is generating billions of dollars of extra tax revenues for schools, and the Local Control Funding Formula that is targeting billions of state education funds to low - income students and English learners.
In DeVos» home state of Michigan, over a billion tax dollars have gone to private schools — 80 percent are run by for - profit organizations.
Integrity in Education and the Center for Popular Democracy aren't the first to warn of problems plaguing an under - regulated industry fueled by billions of tax dollars.
CCSS is simply a corporate corruption sucker scam secretly funded by billionaires to rob tax payers of billions of dollars and rob children of their future.
In breaking news, tobacco companies last year celebrated the end of a decade long, multi-million dollar jihad pursued by politicized Justice Department attorneys who were not satisfied with simply extorting billions of dollars in taxes disguised as a settlement from the defendants.
Their crimes start with tax evasion, theft of hundreds of billions of dollars, inflicting economic damage on the order of trillions of dollars, include an attempt to murder millions of Americans by shutting down the national energy infrastructure, and possibly include high treason.
Billions of dollars raised by Australia's carbon tax will end up overseas, helping poor countries battle climate change.
If that doesn't sound like advantage enough, consider this: By exchanging a single - source (oil) transportation system for a multisource system that makes greater use of the nation's domestically obtainable fuel sources, America automatically enhances its national security, which in turn reduces the financial burden of having to defend America's sources of imported oil, which in turn frees up billions of tax dollars for more worthy endeavors.
So far, though, most objections to the giant solar projects planned for the Southwest have been washed away by a tsunami of money from Wall Street, lured to invest by billions of dollars in federal grants, tax credits and loan guarantees and a fast - track regulatory approval process.
U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings, which could result in «massive» selling of the digital currencies into U.S. dollars by the mid-April tax filing deadline, one Wall Street analyst said.
U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings, resulting in «massive» selling of the digital currencies into U.S. dollars by the mid-April tax filing deadline, one Wall Street analyst said.
Their exploitation of patents as a tool for extortion is undermining America's technological progress; patent trolls are collecting taxes on innovation by extracting billions of dollars in dubious licensing fees, and wasting the time and management resources of creative businesses.»
Two years later, the Senate trained its sights on Apple, grilling chief executive Tim Cook on allegations that the company dodged billions of dollars in U.S. taxes by keeping its cash offshore.
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