Sentences with phrase «taxing power»

There's also more detail of the income tax powers on offer.

General obligation bonds, issued by local units of government, are secured by a pledge of the issuer's property taxing power.

Besides the principal concern over the interplay between tax powers and welfare highlighted in this press release, the group also made a number of other key recommendations in their report.

Additional income tax powers seem inevitable in any package.

General obligation bonds issued by local units of government are secured by a pledge of the issuer's property taxing power and must be authorized by the electorate.

Essentially he has to decide with his Cabinet colleagues whether they go forward with the Smith Commission with more income tax powers for Scotland and more borrowing and welfare payments, or whether they go even further, as some people have said, and move to a more federal structure.

Consensus, a commission of volunteers examining the county, city of Syracuse, 19 towns, 15 villages and 20 fire districts with taxing powers in Onondaga County, has issued a report full of statistics about government spending, services and structure.

Gordon Brown, whose 11th - hour intervention in the referendum campaign was said to be a game changer and who orchestrated the famous eve - of - poll «vow» of increased devolution signed by the three main UK party leaders, remains a vehement opponent of devolving tax powers.

After all, despite demanding more tax powers for a fairer society, the SNP leader's only actual tax policy is to cut corporation tax by three per cent below the rest of the UK.

Bonds have a maturity date, and if you stay with AAA bonds, you have an excellent chance of getting all your money back + interest on that date, regardless of what bonds do in the meantime; if you only get government bonds, you are guaranteed to get your money back by full tax power of government — more secure than a CD.

The former Energy and Climate Change Secretary also gave his backing to handing Scottish ministers limited tax powers but opposed the «full fiscal autonomy» demanded by Alex Salmond.»

The income tax powers on offer to the Welsh Government will put it on equal terms with Scotland, according to the Welsh Secretary.

Moira Kelly, Chair of the CIOT's Scottish Technical Committee, commented on the tax proposals: «This is a pragmatic set of proposals which shows a lot of thought has been given to balancing the desire of Scots for greater tax powers against the practical obstacles to devolution in many areas.

Revenue - hungry state and local officials and retail giants have lobbied members of Congress for nearly two decades to eliminate the physical presence limit on state taxing powers.

The Canadian Council of Chief Executives suggests eliminating the goods and services tax as part of a move to shift tax power to the provinces.

Local governments should have the primary taxing power, not one regulated by the state or nation.

Other levels should have secondary taxing powers but should also be dependent on funding from the smaller units that make them up.

And although SNP support for the Smith Commission proposals on increased tax powers for Scotland was lukewarm at best, the manifesto is clear: «We will demand that the proposals of the Smith Commission are delivered quickly and in full.»

Certainly the flagship Cities and Local Government Devolution Bill does not devolve tax powers from Westminster to local authorities.

Either way, you can see why Welsh ministers might prefer not to have tax powers at all - opting for less power and less hassle.

The CIOT urged Holyrood to keep these processes under review as the new tax powers take effect from next month, citing earlier calls for the introduction of an annual Scottish Finance Bill as a means of strengthening effective scrutiny of Scottish tax proposals and joining up the political and technical debates about tax in Scotland2.

The Scottish government's income tax powers do not include control over the tax - free personal allowance, which remains reserved to the UK government.

Should decisions be taken on radical tax powers for Scotland without advance notice of whether, and if so how, these powers may lead to a significant loss of influence for Scotland at Westminster?

The Commission was set up when Holyrood was given more extensive tax powers following the independence referendum and the Smith Commission.

Although it had previously been opposed to giving Holyrood greater tax powers amid concerns it could diminish the role of Scottish MPs at Westminster and lead to «independence by the back door», Labour confirmed its intention to support income tax devolution shortly before details of the Commission's report were made public.

Since pulling up a long steep grade while towing a trailer can really tax power output, the 2015 GMC Sierra HD All Terrain features enhanced cooling airflow, which enables the 6.6 L Duramax turbo diesel or 6.0 L gas engine to better maintain full power, even under heavy loads and high ambient temperatures.

Today's latest poll, conducted by Ipsos MORI for STV news, addresses three of the key questions about the future of Scottish politics — the race for second place at Holyrood, the debate about whether the Scottish Parliament should be attempting its new income tax powers in the near future, and the impact that a UK vote to leave the EU might have on the prospect for a second independence referendum.

Government bonds are safer than CDs as they are guaranteed by the full tax power of the US government.

Some bond investors consider general obligation (GO) munis to be safer than revenue bonds because GOs are backed by the full taxing power and creditworthiness of the government entity issuing them.

Not so, Sturgeon took care to say, it's all been costed, but she also went on to say that of course «a fair society must be paid for», and that it would be «right to consider how our limited tax powers might help us protect what we value most».

«Many of today's announcements will add increased complexities to an already constrained timetable and will increase attention on how it uses its devolved tax powers.

Today's latest poll, conducted by Ipsos MORI for STV news, addresses three of the key questions about the future of Scottish politics — the race for second place at Holyrood, the debate about whether the Scottish Parliament should be attempting its new income tax powers in the near future, and the impact that a UK -LSB-...]

Generally speaking, the more taxing power, the better the backing.

Money raised for these types of bonds are labeled as «general obligation» bonds and are backed by the full, faith and credit of the issuing entity's taxing power.

Don't look to the taxing power of governments to bring sovereign debt back in line.

Because they are backed by the taxing power of the federal government, they are considered to be among the safest investments in the world.

In light of the holdings of NFIB v. Sebelius, which upheld the mandate as a proper exercise of congressional taxing power, I'd be surprised if such a challenge wouldn't meet a similar fate as other free exercise challenges of taxing power.

I think the administration has made a best approximation at a single payer system, which would not have passed the legislature but I think they have a flaw when they conflate the tax power with the policy details.

While Reno is correct that it is «unhealthy for our society when cultural power becomes too concentrated in just a few very wealthy institutions,» using the state's tax power to attack «institutional giganticism» in the name of «philanthropic subsidiarity» as he proposes would only open the way for government to control, and even destroy, such institutions.

For example, the taxing power is not subject to this limitation.

Following lengthy exchanges about new income tax powers, the first minister said her plans put the SNP «in exactly the right place» — the same line she used on BBC Scotland last Thursday.

Taxation, the power of the government to tax, which is always central to constitutional thought, appears in several chapters, of which 12 and 14, being general limitations on the taxing power, are the most important.

«As with the ongoing devolution of tax powers to Scotland, it is essential that our politicians making a decision on whether to vary from the UK rate understand all the technical and practical issues involved.

«Mindful» that as a minority government «alliances» would be necessary to pass the next Budget, she said the time was right to «open a discussion about how responsible and progressive use of our tax powers could help build the kind of country we want to be».

If income tax powers are devolved, but powers over welfare benefits and tax credits are reserved, changes in income tax rates could have unintended consequences.