Sentences with phrase «while hiking taxes»

Not exact matches

While Democrats call the plan a boon to the rich, some aspects of the plan — mainly the elimination of state and local tax deductions — will mean a tax hike for certain high - income earners.

The slump has left the province facing a budget deficit and Prentice in the tough position of balancing the books while maintaining his commitment not to hike taxes.

The Socialists have seen their support crumble as Hollande and his government have failed to live up to promises to cut unemployment while tax hikes early in his term hit voters hard.

In fixed income, rate hikes by the Fed have led to higher interest rates on the short end of the yield curve, while longer - term rates have remained more contained (despite recent increases following tax reform).

While Madigan would have Illinoisans believe it would only be a tax increase on the rich, recent history and Illinois» spending problems dictate the middle class would face tax hikes under a progressive tax system — where income is taxed at increasingly higher rates, rather than the current flat rate of 4.95 percent.

Cuomo wants to fund a statewide version out of existing budget dollars, while de Blasio is pushing for a tax hike in the city, but that must be approved by Albany.

De Blasio has backed a tax hike on the rich that would provide long - term needs for the subway, while Gov. Andrew Cuomo has revived a congestion pricing plan for Manhattan.

But embracing the tax - hike argument at the federal level while still opposing tax increases even on the wealthiest New Yorkers at the state level, Cuomo does seem to be in an awkward position for now.

While the unions endorsed Martins, who said he would prefer the tax hike, labor leaders say they are ready to work with Curran.

Twenty - six minutes later, he cast the deciding vote, pushing through a budget that restores some Say Yes to Education funding while retaining the mayor's proposed 5.38 percent property tax rate hike.

Assembly Democrats on Saturday continued to hash out the finer points of the 2015 - 16 state budget and while a deal seemed close, details on school receivership, education aid distribution and a potential minimum wage hike linked to property tax relief still remained outstanding issues.

They're hitting wealthy New York City residents with what amounts to a 6 % hike in their income taxes while denying them breaks on their property taxes.

While Mr. Cuomo again endorsed the idea of expanding pre-K — in a single line in today's lengthy speech — he has yet to embrace the tax hike idea.

«While Howard Kopel voted to eliminate the tax on heat and electricity and voted for two no - tax - increase county budgets, his opponent, Adam Moser, wants a 39 percent tax hike so county employees can continue to get free health care, 61 paid days off and big six - figure salaries.

While the federal government debates Barack Obama's proposals to milk the well - to - do, New York is poised to approve a substantial personal - income - tax hike for people making more than $ 500,000.

While Senate Republicans take credit for beating back Cuomo tax hikes, Friedfel said nearly $ 621 million is coming from new revenue actions, including the opioid surcharge and the Fidelis insurance levy.

While she did a voiceover for her husband's ad promoting a tax hike to fund universal pre-K, Chirlane McCray says she will have «no official role» in the campaign.

Teachout said that she opposed the state's 2 percent annual property tax levy hike cap because it robbed local communities of control while not providing enough tax relief.

«This is John Faso's M.O — stand by while his fellow Republicans raise income and property taxes on his constituents, and then try to undermined efforts to protect New Yorkers from these vicious hikes,» he said.

Several hours earlier, a coalition of left - leaning and labor - backed groups unveiled a five - point plan that included hiking some taxes to increase spending, while providing income - based property tax relief.

While it's hard to move the needle on something as binary as a vote on the tax hike, the kind of pressure that advocacy groups like SEIU 1199 can bring often shifts funding parameters.

Of course, tax hikes are de Blasio's knee - jerk answer to everything, while Cuomo at least tries to appear to be more mindful of the state's overall tax burden.

While Murphy campaigned on some of his other tax hike proposals, he never said he would increase the sales tax.

The governor has previously said he's not interested in hiking taxes while running for re-election.

So while he's advocating for tax breaks for millionaires to gut the state's finances, he also wants tuition hikes for students who are already in thousands of dollars of debt.

While city school officials initially had indicated that they would go ahead with the quarter - cent sales - tax hike, which was expected to generate $ 21 million in its first year, they have put the plan on hold indefinitely, a district official said.

Sitting on a $ 1 billion surplus in an operating budget of $ 17.4 billion, the second - term Democrat last week proposed a politically popular 13 percent spending increase for K - 12 education, while also asking the legislature to block scheduled tax hikes.

Opponents said the tax hike would hurt low - and middle - income families while failing to address fundamental problems in education.

Sen. David Argall, R - Schuylkill, will introduce the leading proposal, which would increase the income tax rate by 60 percent and hike the state sales tax rate by 17 percent while applying it to a wider range of goods and services, such as groceries, clothing, basic TV and funeral services.

But experts say hiking the tax rate on the highest earners won't generate enough revenue to offset the cost of the tax cut because efforts to avoid taxes will probably be greater than anticipated, while the reduction itself could cost more than expected.

With fiscal spending at an all time high, we can expect it to be a good while before we make sustained gains in the market (usually fiscal spending like this brings the economy out of recession, sparks inflation, then interest rate hikes and taxes, and then another recession before it's all worked out).

This is usually how it goes: politician wannabe gets campaign contributions from private sector guy, gets into office, legislates in favor of private sector guy, private sector guy contributes more, politician guy takes vacation in Italy (or goes for a hike on the Appalachian trail)... gets re-elected, the word gets out that he «plays,» more private sector guys contribute to his campaign, voters are pleased to see the name of their representative in print, like the new wardrobe, the new hairstyle, believe all change is good and re-elect the politician again... politician feels the power, creates agency to watch over private sector guy, agency takes fact - finding trip to France... raises taxes on private sector guy, writes legislation that taxes private sector guy if his plant emits CO2 while producing widgets... voters are in awe and re-elect the politician... private sector guy whines, politician makes him ambassador to Taiwan, limits how much the new private guy taking his place can earn, and taxes all widgets so new private guy will make more environmentally friendly ones... voters swoon, pay more for widgets, lose job in widget factory, hate private guy, re-elect their pol... politician buries $ 5 billion aid to Taiwan in next appropriation bill...... kind of makes a case for term limits, doesn't it.

Bowman's platform included a commitment to finish the city's bus rapid transit by 2030 and to limit tax hikes to the rate of inflation, while also trimming spending to free up dollars to improve roads and infrastructure.

For other policies, the service tax on the gross premium for the first year has been hiked from 1.5 % to 3 %, while subsequent premiums will be taxed at 1.5 %.

Moreover, while legislation keeps property taxes low for existing owners, it does not keep rates from reaching current market levels once a property changes hands, further contributing to rent hikes.