Ottawa estimates that in 20 years, relative to the size of today's economy, increasing the TFSA limit and not indexing the new limit to inflation will amount to 0.03 per cent of
total federal tax revenue.
Not exact matches
In 2013, oil and gas accounted for 68 % of Russia's
total exports, while duties on those exports, combined with
taxes on mining, accounted for 50 % of the
federal government's
revenue.
Overview of
federal tax receipts: the composition of
federal tax revenues, the income distribution of
tax shares and liability, and the changes in
total tax burden and as a percentage of GDP over time.
Federal excise taxes: information about the total federal revenues from excise taxes as well as details about particular
Federal excise
taxes: information about the
total federal revenues from excise taxes as well as details about particular
federal revenues from excise
taxes as well as details about particular goods.
The components of nominal GDP represent the applicable
tax bases for personal and corporate income
tax revenues, which represent about 60 % of
total federal revenues.
What's more, government forecasts show corporate income
tax revenues climbing by roughly a third between now and 2015 - 16 — at which point they will account for 12.2 per cent of
total federal budgetary
revenues.
For example, the
federal government's most recent Fiscal Monitor shows that in the first eight months of 2011 - 12, corporate income
taxes generated 10.6 per cent of
total federal government
revenues.
From 2009 to 2013, the Internal
Revenue Service hit Massey and his wife with three
federal tax liens
totaling $ 4.1 million, according to records filed with Westchester County Clerk.
The Internal
Revenue Service filed a
total of $ 173,507 in
tax liens against Huntington Town supervisor candidate Tracey Edwards and her husband for unpaid
federal income
taxes between 2005 and 2012, public records from the Suffolk County Clerk's office show.
Combined contribution of the states to
tax revenue stood at 15.43 per cent of
total tax revenue with
Federal tax revenue making up 84.57 per cent for year 2015.
He determined that only policies that considerably raise top
federal income
tax rates and that redistribute
tax revenue to lower - income households are likely to bring large reductions in the
total number of Americans that die annually.
The Parkway's
total development costs were funded through
tax - exempt
revenue bonds ($ 354 million) issued by PPA, a State Infrastructure Bank loan ($ 18 million) and
Federal funding for roadway design ($ 9 million).
To put that number in context,
total federal and provincial income
tax revenue in Ontario in 2014 was estimated at $ 80 billion.
Overall, the CBO estimated in 2012 that the shift to pass - throughs had resulted in a $ 76 billion loss in annual
federal tax revenue as of 2007, or about 5 percent of that year's
total corporate and individual income
tax haul, while Treasury put the loss at $ 100 billion, or 7.9 percent, in 2011.