| 单词 | tax revenue |
| 例句 | Wall Street is an important source of tax revenue for New York. Cloud Atlas author translates autistic teenager's memoir 2013-02-26T15:05:37Z A few states have already begun legalizing Web poker, eyeing the tax revenues the games will bring. Casinos to spin Timberlake, Affleck poker film as cautionary tale 2013-08-23T11:16:28Z The reductions came as the city responded to a roughly $9 billion loss in tax revenues because of the coronavirus shutdown. New York City Cuts Arts Spending by 11 Percent to Close Budget Gap 2020-07-01T04:00:00Z The letter says the IRS wants to “socialize all tax preparation in America” to get higher tax revenues. Conservatives and software companies will keep tax season miserable 2013-03-26T16:53:00Z Local governments might be expected to benefit from newcomers and the increased tax revenue they promise, but the dwindling real estate values in most of these towns has bumped down assessments. America's Growing Towns 2010-03-30T22:30:00Z Supporters also point to a hefty new tax revenue source that by most estimates will total $1 billion a year. California set for New Year's buzz with recreational marijuana sales 2017-12-29T05:00:00Z The state provides an advance at the beginning of the year, which is then paid back with hotel tax revenue. City taps taxpayers for Cell, Soldier Field work 2011-11-30T18:45:00Z The mine’s backers say the project would be a good neighbor, offering tax revenue and jobs. Can Montana’s Smith River Survive a Nearby Mine? 2015-07-17T04:00:00Z That generated nearly $3 billion in state and local tax revenues. Record number of tourists chooses Illinois in 2013 2014-07-10T04:00:00Z An inadequately educated underclass will diminish future tax revenues and hurt Southerners of every stripe. Books of The Times: ‘Better Off Without ’Em,’ by Chuck Thompson 2012-08-21T22:05:37Z Freedman also acknowledges that the much touted promise that legalization would bring in a surge in tax revenues to fund schools and roads is a “red herring”. 'Commercialization won out': will legal marijuana be the next big tobacco? 2016-10-14T04:00:00Z This past year, however, hotel tax revenue was short so the state turned to a fund that is Chicago's portion of state income tax. Mayor: Don't use taxpayers as 'ATM machine' 2011-12-01T20:39:00Z Or, put another way, it cost Pennsylvania that much in lost tax revenue. 'Airbender' tax credit shows how far states will go to woo filmmakers 2014-10-20T04:00:00Z With tax revenues cratering, who knows how long that will last. A Climate Center on Governors Island? Could Be a Game Changer 2020-09-17T04:00:00Z However, I think it is important that the target be some increase in tax revenue. Obama to propose corporate tax rate of 28 percent 2012-02-22T13:24:05Z With mostly small businesses and restaurants driving its economy, Edmonds doesn’t have the same kind of hotel tax revenues as some of its larger neighboring towns. The city of Redmond is trying a new tactic to bolster a resurgence in tourism: giving visitors money 2021-03-21T04:00:00Z The company and its backers said the new production studio would generate hundreds of high-paying jobs and tax revenue. Lucas empire strikes back in Calif. studio battle 2012-04-11T11:34:10Z In the month after the original Harry Potter attraction opened, bed tax revenue from hotel guests in Orange County jumped 21 percent over the previous year. Universal to unveil second Harry Potter attraction 2014-06-17T04:00:00Z About 600 full-time jobs for the area were created, and local and regional authorities raked in $5.7 million in tax revenue. WWE aims for PPV knockout with WrestleMania 2010-03-18T07:22:00Z The American Alliance of Museums reports that museums generate over $12 billion in tax revenues, with one-third going to state and local governments. More Money Can Mean More Museums, Just Look at Florida 2022-10-22T04:00:00Z After the pandemic halted events, and therefore the influx of admissions tax revenue, the office relied on federal pandemic recovery funds, said interim director Royal Alley-Barnes. Seattle Mayor Bruce Harrell on his plan for the arts, and local arts leaders on what the sector needs 2022-04-19T04:00:00Z He cites sales tax revenue from the patrons who dine at Bacardi as a way the state is being compensated. Sox restaurant paid for with public funding 2011-10-27T02:00:00Z Kaktovik sits within the North Slope Borough, which enjoys high property tax revenues earned on the oil infrastructure in Prudhoe Bay, as well as other revenue related to the oil industry. Finding a Foothold for Nordic Skiing in Rural Alaska 2021-01-18T05:00:00Z Commissioner Bridget Gainer's measure requires events that generate more than $150,000 in amusement tax revenue for the cash-strapped county to ask the board to waive the county tax. Lollapalooza may lose county tax break 2012-02-02T06:00:00Z Despite the savings and efficiencies reaped from this approach, falling tax revenues mean that the Corrections Department, like the rest of state government, is up against the wall financially. Editorials from around Pennsylvania 2014-06-18T04:00:00Z However, the consulting firm cautioned that “government tax incentives seldom return more in tax revenues than they cost.” Report: Film production generated 15,900 jobs 2014-07-22T04:00:00Z However, the “green rush” – which is producing millions in tax revenues for the state – has also brought economic benefits to the county, one of the poorest in Washington. Marijuana millionaires cashing in on cannabis legalisation 2016-05-22T04:00:00Z The actors association and other industry leaders say funding, fed by taxes on movie ticket sales and cable operators in Argentina, will fall with new telecom regulations that will redirect tax revenues. Viggo Mortensen joins actors criticizing Argentine president 2017-04-19T04:00:00Z I'm talking about tax revenues, employment, the night-time economy, tourism – all the real financial benefits that are leveraged through a modest degree of investment in the arts. Dear George, it's not too late... these cuts are wrong 2011-03-25T11:44:29Z Casino titans, and government officials who understand where their tax revenue comes from, have eyed the street performers with alarm and, at times, called in police intervention. Cash-starved performers hit Vegas streets for tips 2011-06-27T11:13:14Z The others are Troy, Ohio, and St. Augustine, Fla. Guthrie’s city manager says the two-day festival is expected to generate more than $300,000 in sales tax revenue for the central Oklahoma town. 35K Expected at Mumford & Sons Concert in Oklahoma 2013-09-06T17:33:18Z Brown has kept an austere eye on spending as California’s post-recession tax revenue has improved. Jerry Brown moves to modestly improve meager state arts budget 2015-05-15T04:00:00Z If tax revenues decline, however, free parking probably harms merchants.” Down with free parking! 2013-06-09T17:00:00Z This past year, however, hotel tax revenue was short by more than $1.1 million. City taps taxpayers for Cell, Soldier Field work 2011-11-30T18:45:00Z To fix the problem, and increase tax revenues, the town created a separate, higher appraisal classification for adobe houses, an unusual move. In a Texas Art Mecca, Humble Adobe Now Carries a High Cost 2018-11-27T05:00:00Z The council recommended ditching the film tax break, which meant $140.6 million in lost tax revenues last year. Cash-strapped states rethink Hollywood tax breaks 2011-03-06T18:46:04Z San Diego is sweetening its bid to keep Comic-Con, offering organizers $500,000 in hotel tax revenue to keep the huge pop culture event in the city. San Diego sweetens Comic-Con deal $500,000 2010-04-28T13:45:00Z Some respondents suggested using the tax revenue to subsidize healthful foods, although that kind of effort also hasn’t shown a big effect. Perspective | 6 ideas for curbing our obesity epidemic 2018-09-20T04:00:00Z So the local economic benefits of the casino, which include employment and tax revenue, may outweigh the social costs of gambling, which will fly home to Pennsyltucky or Abu Dubai with the problem gamblers. MGM’s $1.4 billion casino is a cruise ship to nowhere 2016-12-08T05:00:00Z Both trumpeted their civic value largely in terms of jobs, tax revenues and ancillary business activity, all of which are important and all of which are now decimated. Hoping for a Theater Bailout? Better Head to London 2020-07-07T04:00:00Z Apparently, the impact is there is more than a billion dollars in lost tax revenue. Amazon is killing our cities: We’re binging “Transparent” while a long-term disaster builds 2016-01-27T05:00:00Z Board President Steve Kinsey said all the supervisors support the digital production compound that would generate tax revenue and hundreds of jobs. Lucasfilm rejects bid to restart N. Calif project 2012-04-18T19:52:08Z The town government stepped in to acquire the property and demolish the space as an investment: Ideally, the new space would increase property tax revenue. America’s Next Great Restaurants Are in the Suburbs. But Can They Thrive There? 2022-01-18T05:00:00Z “Can a sovereign state which is always free to increase its tax revenues ever be coerced by the withholding of federal funds—or is the state merely presented with hard political choices?” Supreme Surprise: High Court to Question Legality of Obamacare's Medicaid Expansion 2011-11-16T22:13:29Z One would declare a surplus in the tax increment financing districts that pull property tax revenue away from schools. Teachers union wants to meet with aldermen 2011-09-29T23:54:00Z From 2009 to 2010, visitor spending in the county shot up 27 percent, and in De Smet tax revenues on tourists’ food and lodging grew 17 percent for the same time. Journeys: Trading Tiaras for Calico on the Prairie 2011-08-05T18:30:00Z Supporters also point to a hefty new tax revenue source that by most estimates will total $1 billion a year. California set for New Year's buzz with recreational marijuana sales 2017-12-29T05:00:00Z Officials in small communities that rely on tax revenue from commercial fishing are looking hard at their budgets. A Dwindling Catch Has Alaskans Uneasy 2018-08-21T04:00:00Z Those states collected more than $790m in state tax revenue that year, the report found, with tax revenue reaching $247m in Colorado alone. Joint effort: cannabis lobby heads to Washington to woo US lawmakers 2018-05-24T04:00:00Z Debt continued to rise after Obama took office, with increased government spending on the federal stimulus and a decline in tax revenues as the economy struggled to recoup from the recession. Senate blocks GOP attempt to deny debt-ceiling increase 2012-01-26T17:44:00Z The tax revenues help fund community wellness and food sovereignty projects like the Teesto Community Garden, in the Arizona section of the Nation. For the Navajo Nation, a Fight for Better Food Gains New Urgency 2020-08-03T04:00:00Z The number of businesses tripled, and the tax revenues increased by a factor of six. Ode to joy: how to find happiness in balloons and rainbows 2018-08-18T04:00:00Z For example, do taxpayers in, say, California understand that they have given up millions of dollars in tax revenue over the years to, in effect, underwrite the display of paintings in other states? Art collectors find a tax break on museum walls 2014-04-12T23:11:11Z The state provides an advance at the beginning of the year, which is repaid with hotel tax revenue. Mayor: Don't use taxpayers as 'ATM machine' 2011-12-01T20:39:00Z CityCenter has quickly become a piggy bank of tax revenue for the District. D.C. got everything it wanted out of CityCenterDC — except the crowds 2016-12-07T05:00:00Z If tax revenues increase, free parking probably helps merchants. Down with free parking! 2013-06-09T17:00:00Z The bed and sales tax revenue generated from the 10,000 permanent residents and nearly 1 million annual tourists helps fund everything from school districts to law enforcement. Purists v partiers: the battle between two popular nudist resorts 2019-11-25T05:00:00Z And it is evidence of their growing political clout as distilling becomes a significant source of jobs and tax revenue in every state. Craft Distillers, Facing Lower Taxes, Invest in Themselves 2018-04-23T04:00:00Z Rather, it would encourage the counterfeiting of cigarettes, because non-branded packets would be easier to make, something that would deprive the Treasury of much-needed tax revenues. How big tobacco lost its final fight for hearts, lungs and minds 2016-05-22T04:00:00Z Lee says an immigration judge in Arlington essentially gave the Changs a green light to work here indefinitely, noting that the restaurants generate a lot of tax revenue. How chef Peter Chang stopped running and started empire-building 2015-03-16T04:00:00Z He believes that a sports team and its stadium provide a lot of intrinsic value to a community — encouraging business growth, tax revenue and even civic pride. The Frederick Keys were evicted from the minor leagues. They’re still playing. 2021-05-13T04:00:00Z San Diego countered by offering organizers $100,000 per year in hotel tax revenue. Comic-Con to stay in San Diego for 5 more years 2010-10-01T07:16:00Z The government took a discount on its anticipated tax revenue, in return for cash up front. Tony Judt: A manifesto for a new politics 2010-03-20T00:07:00Z The two Salvo cousins – who were probably both Men of Honour, as mafia initiates are known – ran the company that collected most of Sicily’s taxes and pocketed about 10% of the island’s tax revenue. Paul Theroux on travelling 2012-06-25T11:00:00Z But Osborne did indicate that he would be looking to raise tax revenues as he served notice on the internet giants that Her Majesty’s Revenue and Customs would ensure they pay their fair share. George Osborne: UK working-age benefits to be frozen for two years 2014-09-29T04:00:00Z The CID's are usually in low-income areas, and the rates are dictated by property developers who use the tax revenue to subsidize their new developments. Coffee and community improvement districts: Unpacking the mystery of the $7 Starbucks macchiato 2021-09-22T04:00:00Z Deficits could be reduced by spending cuts or tax revenue increases or both. Debt crisis focus shifts to Senate 2011-07-30T03:46:00Z That proposal provided perhaps the most balanced approach to the nation’s fiscal problems by cutting spending and increasing tax revenue as a way to rein in what experts say are alarming levels of debt. House set to OK controversial Ryan budget 2012-03-29T14:41:00Z The stadium authority relies primarily on hotel tax revenue from the state to help pay down its annual debt payments for bonds related to the stadium and Soldier Field renovations. City taps taxpayers for Cell, Soldier Field work 2011-11-30T18:45:00Z Incentivised by tax revenues, Colorado, Washington, Oregon, Alaska and DC have already legalised it for recreational use. Dreaming of the billion-dollar high in California’s marijuana green rush 2015-11-06T05:00:00Z Last year, corporate tax revenue totaled a record $425 billion, according to the Congressional Budget Office. Chevron takeover of Hess resurrects multi-billion dollar tax shield 2023-11-14T05:00:00Z Legislative leaders have been working since September on a plan to help the team cover the repairs, motivated by fear of losing tens of millions in tax revenue if the Brewers leave Milwaukee. Wisconsin state Senate to vote on downsized Milwaukee Brewers stadium repair bill 2023-11-13T05:00:00Z Junts also demands that more tax revenues stay in Catalonia, one of Spain’s richest regions, similar to agreements signed with rich Basque Country and Navarra regions. Why Spain’s acting leader is offering a politically explosive amnesty for Catalan separatists 2023-11-10T05:00:00Z Analysts have warned that with interest rates heading higher, interest costs on the national debt will eat up a rising share of tax revenue. Moody’s lowers US credit outlook, though keeps triple-A rating 2023-11-10T05:00:00Z Anti-junta fighters have overrun 100 military outposts and the junta stands to lose control of key border crossings that account for some 40% of cross-border trade and a vital tax revenue source. France's Macron urges Israel to stop bombing Gaza 2023-11-10T05:00:00Z With global warming, wind farms have been framed as avenues to increased economic activity, new local tax revenues — and a vital tool for the White House’s clean energy goals. Japanese Americans were jailed in a desert. Survivors fear wind farm will erase the past 2023-11-09T05:00:00Z With global warming, wind farms have been framed as avenues to increased economic activity, new local tax revenues - and a vital tool for the White House’s clean energy goals. Japanese Americans were jailed in a desert. Survivors worry a wind farm will overshadow the past. 2023-11-09T05:00:00Z Although tax revenues would increase threefold from the previous levy, the number of homes the levy funds will not increase at the same rate. Voters favoring Seattle housing levy in early returns 2023-11-07T05:00:00Z Proposition II would allow the state to keep and spend $23.7 million in tax revenue that has already been collected from the sale of tobacco and nicotine products. It’s Election Day. Here is what you need to know 2023-11-07T05:00:00Z The developers are also pledging $16 million in charitable donations over 10 years and expect the project will result in $30 million in annual tax revenue. Virginia’s capital city voting again on whether to allow a casino 2023-11-06T05:00:00Z Proponents say the measure will return tax revenue for pot purchases now going to neighboring states where it’s legal, and help thwart the black market. Voters are deciding whether to make Ohio the 24th state to legalize recreational marijuana 2023-11-06T05:00:00Z City of Seattle tax revenues have grown four times the rate of population growth. Fill out that ballot and help determine our collective future | Editorial 2023-11-03T04:00:00Z The amendment requires the state to refund any surplus tax revenue to voters, as determined by a formula based on inflation and population growth. AP Election Brief | What to expect in Colorado’s ballot measure election 2023-11-03T04:00:00Z That’s the pile of IOUs stored up over the last four decades as payroll tax revenue plumped outstripped annual costs. Former Gov. O’Malley promises to modernize Social Security agency 2023-11-02T04:00:00Z Defence Minister Yoav Gallant called for tax revenues collected by Israel on behalf of the Palestinians in parts of the West Bank under direct Israeli control, to be disbursed without delay. Israel's defence and finance ministers clash over Palestinian tax payout 2023-11-01T04:00:00Z Stripping away the $14.3 billion from the IRS would instead slash tax revenues from the agency by $26.8 billion over the next decade. CBO says Israel aid minus IRS funding not really an offset, will add billions to deficit 2023-11-01T04:00:00Z If commissions can be lowered, “the price of every home will come down, jobs and wages will go up, tax revenues will increase, people can easily move to better and more fulfilling jobs,” he wrote. Home sellers win $1.8B after jury finds conspiracy among Realtors 2023-10-31T04:00:00Z Proposition HH asks voters to allow the state to keep some amount of surplus tax revenue that the state constitution currently requires be refunded back to taxpayers. AP Election Brief | What to expect in Colorado’s ballot measure election 2023-11-03T04:00:00Z Plus, they come at the cost of depleted tax revenue and strained public services, and thwart efforts to promote European cohesion. Portugal's tech boom challenged by tax change 2023-10-30T04:00:00Z For much of the past decade, Seattle enjoyed record tax revenues, which paid for increased spending in many areas. Stakes are high in Seattle’s big City Council election. Here’s where the candidates stand. 2023-10-29T04:00:00Z The states have said the rule endangers the retirement savings of millions of Americans and will deplete state tax revenue. Republican-led US states appeal ruling allowing Biden ESG investing rule 2023-10-26T04:00:00Z Lawmakers trying to broker a deal have warned that without one, the Brewers and the tax revenue they generate will leave the state. Wisconsin Republicans float changes to win approval for funding Milwaukee Brewers stadium repairs 2023-10-25T04:00:00Z Proposition II would allow the state keep and spend $23.7 million in tax revenue that has already been collected from the sale of tobacco and nicotine products. AP Election Brief | What to expect in Colorado’s ballot measure election 2023-11-03T04:00:00Z According to the report, being released Monday by the EU Tax Observatory, the agreement was expected to raise an amount equal to nearly 10% of global corporate tax revenue. Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says 2023-10-22T04:00:00Z The state Legislature voted in 2011 to abolish the agencies in order to bolster state tax revenues for schools and public safety agencies. Mission Inn Museum could lose its home at Riverside's ritzy Mission Inn Hotel & Spa 2023-10-22T04:00:00Z The U.S. deficit peaked in fiscal 2020 at $3.13 trillion as the sharpest downturn since the 1930s severely constrained tax revenues while spending on unemployment benefits, direct payments to consumers and aid to businesses peaked. US budget gap soars to $1.7 trillion, largest outside COVID era 2023-10-20T04:00:00Z The big driver of the increase was slumping tax revenue unrelated to the Trump cuts. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z Adding to Haddad's challenges, congressional leaders who were key to approving the fiscal framework are now proving more resistant to the government's efforts to draw more tax revenue from well-connected industries and interests. Exclusive: Brazil readies currency hedging tool to boost FDI, says Haddad 2023-10-19T04:00:00Z Instead, because the plan has been weakened, it says the minimum tax will generate only half that — less than 5% of corporate tax revenue. Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says 2023-10-22T04:00:00Z Both candidates say Seattle likely needs more tax revenue to fund its priorities. In Seattle District 5, both candidates claim experience. But which kind matters more? 2023-10-17T04:00:00Z The IFS calculates that the tax revenue raised by the prime minister's decision to freeze tax thresholds for six years is effectively a tax rise worth £52bn a year by 2028. No room for tax cuts or spending rises, IFS think tank warns 2023-10-16T04:00:00Z Administration forecasters knew the Trump tax cuts would still be in place when their estimates of tax revenues and deficit levels were included in Mr. Biden’s budget proposal early this year. The Federal Deficit Is Growing. This Is Why. 2023-10-20T04:00:00Z The measure is expected to generate $340 billion in tax revenues. A Supreme Court dispute over a $15,000 IRS bill may be aimed at a never-enacted tax on billionaires 2023-10-15T04:00:00Z Woo said she isn’t necessarily against new progressive tax revenue measures but would like to do an analysis of the city’s budget and “make sure we put our house in order first.” Seattle City Council District 2: Tanya Woo challenges Tammy Morales 2023-10-12T04:00:00Z The administration has argued that the cap has been successful, leading to a 45% drop in Russian oil tax revenue over the past year. The US government sanctions two shipping companies for violating the Russian oil price cap 2023-10-12T04:00:00Z At the same time, the county’s property tax revenues, rising by 1% per year plus new construction, have risen a sum total of 8.1%, Constantine said. King County will have to close health clinics without state help, Constantine says 2023-10-10T04:00:00Z Last year saw a major improvement as pandemic spending waned and tax revenue surged. Federal deficit hit $1.7 trillion in fiscal year 2023 2023-10-10T04:00:00Z Russia's finance ministry expects tax revenues from energy companies to rise in October. Russian rouble rebounds from over 18-month low vs dollar 2023-10-09T04:00:00Z Russia's finance ministry's expects tax revenues from energy companies to rise in October. Russian rouble tumbles to over 18-month low vs dollar 2023-10-09T04:00:00Z He’s also working on another amendment that would create a group that would study developing the stadium’s parking lots into a restaurant district that would provide more tax revenue. Wisconsin hearing considers $614M plan to fund Milwaukee Brewers stadium repairs 2023-10-05T04:00:00Z Stronger growth would also encourage imports, boosting tax revenues. Sri Lanka resumes rate cuts to boost growth as inflation cools 2023-10-05T04:00:00Z The IFS says the government is currently raising more in tax revenue, as a percentage of national income, than at any time since the 1940s. UK on track for record tax levels, IFS think tank says 2023-09-28T04:00:00Z Instead, municipalities turned to retail development to generate lucrative sales tax revenue. Opinion: Can't afford a house in L.A.? Here's how that happened 2023-09-28T04:00:00Z In Oregon, Measure 110 uses cannabis tax revenue to fund harm reduction programs, while Washington's new legislation requires police officers to refer people using drugs to recovery at least twice before they are arrested. Decriminalizing drugs in Oregon and Washington isn't associated with overdose increases, study finds 2023-09-27T04:00:00Z He said the team makes Milwaukee attractive and generates tax revenue from fans who visit the stadium from across the state and the Midwest. Wisconsin hearing considers $614M plan to fund Milwaukee Brewers stadium repairs 2023-10-05T04:00:00Z For 2024, the upcoming budget has been made challenging by a slew of weak data that cast a shadow over Italy's near-term growth prospects, hurting tax revenues. Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say 2023-09-25T04:00:00Z But if the Legislature and governor decide that more tax revenue is needed to enhance those programs, then they should hit up everyone — not just gun owners. Column: California Democrats misfired by passing proposed tax on guns and ammo 2023-09-25T04:00:00Z Converting older, inefficient offices into energy-saving apartments could revitalize sleepy downtowns, maintain city tax revenues and reduce carbon emissions, the researchers argue. Researchers say these Seattle office buildings could be housing instead 2023-09-23T04:00:00Z As more customers come through our doors, I can hire more people, add more shifts and provide more tax revenue to the city to fund essential services. Return to downtown is important as fall arrives, ships depart | Op-Ed 2023-09-22T04:00:00Z Palmer, a spokesperson for the state Department of Finance, said the administration is waiting on updated projections, including tobacco tax revenue, before making decisions about next year’s budget. Hefty cigarette taxes cut smoking big-time. But there's a downside for children 2023-09-20T04:00:00Z Among the concerns discussed were job losses and layoffs, drop in personal income, lower tax revenue for the state, demand for electric vehicles and how wage gains must keep pace with inflation, the sources said. Sidelined on UAW strikes, Biden White House talks economic aid 2023-09-19T04:00:00Z Baseball operations at American Family Field generate enough tax revenue that lawmakers can afford to give the team money without imposing any new taxes, Vos said. Republicans propose spending $614M in public funds on Milwaukee Brewers’ stadium upgrades 2023-09-18T04:00:00Z The protest follows a decision Thursday by Bulgarian lawmakers to allow imports from Ukraine to resume, saying the ban had deprived the government of tax revenue and led to higher food prices. Farmers across Bulgaria protest against Ukrainian grain as EU divide grows 2023-09-18T04:00:00Z These policies will depress job growth and ultimately lead to less tax revenue to support education, health care, housing, and infrastructure.” News Analysis: Labor unions win big in California Legislature as hot labor summer drags into fall 2023-09-16T04:00:00Z The implications go beyond blows to the real estate market and tax revenue. Louisiana, 9 other states ask federal judge to block changes in National Flood Insurance Program 2023-09-14T04:00:00Z The global economy has deteriorated since May, which is having a direct impact on New Zealand's economy while tax revenue is also falling, Finance Minister Grant Robertson said in a statement. New Zealand forecasts much larger budget deficit but improved economy 2023-09-12T04:00:00Z Adeyemo said achieving fiscal sustainability would include modest tax increases, boosting tax revenue collections and finding other ways to cut costs. Treasury's Adeyemo calls for eliminating subsidies, including to energy companies 2023-09-11T04:00:00Z Casino supporters have said more casinos would create lots of jobs in economically challenged areas and grow tax revenues, while also countering gambling options sprouting up just across the border in Virginia. Prospects for more legalized gambling in North Carolina uncertain 2023-09-08T04:00:00Z State tax revenues are also expected to take a hit, which could require Hawaii to cut spending. Maui beckons tourists, and their dollars, to stave off economic disaster after wildfires 2023-09-07T04:00:00Z A small percentage of sports wagering tax revenue will flow into a fund to help combat problem gambling. Legal sports betting opens to fanfare in Kentucky; governor makes the first wager 2023-09-07T04:00:00Z A recent Associated Press analysis of a dozen countries most indebted to China, including Pakistan, Kenya, Zambia, Laos and Mongolia, found paying back that debt is consuming an ever-greater amount of tax revenue. Biden aims to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to China 2023-09-07T04:00:00Z Now, the ministry is rushing out emergency measures to boost tax revenue by next year, when new fiscal rules require the government to erase that deficit. Analysis: Tax slump in outperforming Brazilian economy scrambles reform plans 2023-09-06T04:00:00Z “Consequently, potential tax revenue that would greatly benefit the state is lost as it continues to flow through the illicit market,” the association said. Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector 2023-09-06T04:00:00Z The Council on Revenues, which produces tax revenue forecasts, was scheduled to release new estimates on Thursday. Maui beckons tourists, and their dollars, to stave off economic disaster after wildfires 2023-09-07T04:00:00Z Last month, the South Korean government proposed to raise budget spending for 2024 by the lowest rate in two decades, prioritising fiscal discipline amid weakening tax revenue due to slower economic growth. South Korea should maintain current monetary, fiscal policies, IMF says 2023-09-06T04:00:00Z The district will be able to do so, said CFO Erin Thompson, because of higher property tax revenue. Schools are cutting advisers and tutors as COVID aid money dries up. Students are still struggling 2023-09-06T04:00:00Z Ohio, which launched sports betting on Jan. 1, requires 2% of the tax revenues to go to a “problem sports gaming fund.” As sports betting spikes, help for problem gamblers expands in some states 2023-09-04T04:00:00Z “We hope their membership heeds their own call to action. High prices keep consumers out of the legal market and keep tax revenue low,” commission Executive Director Jeff Brown said. Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector 2023-09-06T04:00:00Z He and other officials have pointed to construction jobs and tax revenues for local governments and states. Powered by solar and wind, this $10B transmission line will carry more energy than the Hoover Dam 2023-09-01T04:00:00Z Instead, she favors regulations that limit potency and using tax revenues from the sale of cannabis to educate people about the risks, and for treatment and research to help those harmed by its use. As cannabis laws relax, neuroscientist warns of its dangers for developing brain 2023-08-31T04:00:00Z The survey also said the developers would replace the county’s existing aqueduct — calling it “one of the most polluted in California” — generate tax revenue for schools and be entirely funded by private sector money. Tech billionaires' secretive plan to build a California city from scratch 2023-08-31T04:00:00Z Among the government's top legislative agenda items are the reform of Brazil's complex tax system and approval of proposals by Finance Minister Fernando Haddad to increase tax revenue to contain its fiscal deficit. Brazil's Lula to reshuffle cabinet after Africa trip -minister 2023-08-25T04:00:00Z According to the district’s financial reports, Disney and its associated resorts account for 95% of the district’s assessed valuation, the basis of its tax revenues, which in turn provide 97.4% of its budget. Column: Ron DeSantis has a new attack on Disney, and it's truly stupid 2023-08-23T04:00:00Z After 15 years, the local city, which must approve the initial JPA purchase, can direct a sale of the property or take out a loan on the building to recoup lost tax revenue. Thousands of California tenants could face obscure tax bill for living in subsidized housing 2023-08-23T04:00:00Z The Royals have long shared with the Kansas City Chiefs sales tax revenue from Jackson County for the upkeep of Kauffman and Arrowhead stadiums, both of which reside in the Truman Sports Complex. Royals unveil proposed ballpark and entertainment district plans for 2 locations 2023-08-22T04:00:00Z Another factor is that the Royals have shared that tax revenue with the Chiefs, because Kauffman Stadium shares the Truman Sports Complex with Arrowhead Stadium. MLB commissioner throws support behind new stadium for the Kansas City Royals 2023-08-16T04:00:00Z They argue that the price tag should account for lost tax revenue and federal funds because fewer people would be born if abortions were allowed. Things to know about a vote in Ohio, court action in Kansas and Utah and other abortion developments 2023-08-09T04:00:00Z The balance of the assessed valuation and the tax revenues comes from hotels, movie theaters, shops and other entities, which all are Disney’s tenants. Column: Ron DeSantis has a new attack on Disney, and it's truly stupid 2023-08-23T04:00:00Z Since 2016, lawmakers have sought to update the aging statehouse, paid for with tax revenues that have exceeded economist’s expectations. Oregon Capitol construction quietly edges $90 million over budget 2023-08-09T04:00:00Z CBO has been warning for months that taxes were running lower than anticipated, with both corporate and individual tax revenue down. CBO says federal deficit will reach $1.7 trillion this year, third worst in history 2023-08-08T04:00:00Z Salvini said the tax revenue would amount to “a few billion” euros that would be used to fund tax breaks and help first-time homeowners get mortgages. Italy proposes bank tax to help consumers and businesses cope with interest rate hikes 2023-08-08T04:00:00Z Huge corporation tax revenue, mainly generated by global technology and pharmaceutical firms, is spectacularly swelling the public purse. Why does the Republic of Ireland have so much surplus cash? 2023-08-08T04:00:00Z Barón, 50, a lawyer and the longtime former leader of the Northwest Immigrant Rights Project, has made the push for more progressive tax revenue a cornerstone of his campaign. Barón, Reyneveld take lead in King County Council primary 2023-08-01T04:00:00Z Fitch, in its announcement of the downgrade, said the federal deficit is rising, spending is growing, tax revenue is slipping and efforts to trim the debt have been too timid. Credit downgrade for U.S government threatens to put the squeeze on Washington and the average Joe 2023-08-02T04:00:00Z But even with the additional sales tax revenue, the county is projected to have a $13 million funding gap in 2026. Milwaukee County approves sales tax increase as part of plan to avoid bankruptcy 2023-07-27T04:00:00Z Her sentiments were echoed by representatives from business and labor organizations on the employment and tax revenue these developments bring. Fontana rejects massive warehouse proposal amid public outcry and pollution complaints 2023-07-27T04:00:00Z “Despite a drop-off in state tax collections, California continues to produce massive amounts of tax revenue from the highest-in-the-nation income tax rate, highest state sales tax rate and highest gas tax,” he says. Column: A massive borrowing binge is brewing in Sacramento 2023-07-27T04:00:00Z The group helped build the coalition that sponsored Measures R and M, the largest source of local tax revenue for Metro projects. Mayor Bass takes over Metro as it undergoes huge expansion, copes with low ridership and crime 2023-07-24T04:00:00Z The final figures, due within weeks, mark an astonishing turnaround from the A$37 billion deficit forecast as recently as October thanks to higher tax revenue from low unemployment, rising wages and record commodity exports. Australia's budget surplus set to be nearly five times higher than forecast 2023-07-24T04:00:00Z The IMF said the agreement seeks to consolidate "fiscal order and strengthen reserves," acknowledging the impact of the drought, as well as the damage to exports and tax revenues. IMF expects deal with Argentina in the coming days 2023-07-23T04:00:00Z The private sector grew to contribute more than 50 percent of the country’s tax revenues, 60 percent of economic output and 80 percent of urban employment, according to none other than Mr. Xi in 2018. Beijing Offers Love, but Chinese Entrepreneurs Aren’t Buying It 2023-07-22T04:00:00Z He argued the state could lose $12.5 billion in Medicaid funding and $51 billion in annual tax revenue because of fewer births. Missouri Supreme Court orders the GOP attorney general to stand down in fight over abortion costs 2023-07-20T04:00:00Z Assistant Attorney General Jason Lewis told Supreme Court judges Tuesday that Fitzpatrick’s office used “nonsensical methodologies” to calculate the cost estimate of at least $51,000 annually in reduced local tax revenues. Missouri Supreme Court weighs fate of amendment to restore abortion rights 2023-07-18T04:00:00Z The analysis notes that tax revenues could also shrink when climate changes disrupt economic activity. The Economic Fallout From Extreme Heat Will Rise Over Time 2023-07-18T04:00:00Z A drop in tax revenue and a jump in spending has made the situation even more difficult. Hamas unable to pay salaries in Gaza after Qatari aid delay, officials say 2023-07-16T04:00:00Z It is expected to generate $23 million annually in tax revenue and licensing fees in Kentucky — and perhaps stoke interest in horse racing among bettors at the track. Kentucky will roll out sports betting for retail on Sept. 7, in time for the start of NFL season 2023-07-10T04:00:00Z But in a bid to raise tax revenue amid U.S. sanctions and a faltering oil industry, the government is preparing to regulate them, the sources said. Venezuela to regulate private shipments of food and medicine, sources say 2023-07-06T04:00:00Z Lewis argued the price tag could be up to $51 billion each year because of reduced tax revenue from fewer births and the complete loss of federal Medicaid funding. Missouri Supreme Court weighs fate of amendment to restore abortion rights 2023-07-18T04:00:00Z If there is no stadium, there is no tax revenue, and thus no $380 million to use for teacher salaries, or anything else. Commentary: Nevada rolled the dice on the A's. A kindergarten teacher lost faith in government 2023-07-06T04:00:00Z That prompted an outcry from some members of Congress and communities in both states that rely on oil and gas development for jobs and tax revenue. Rare lizard found in major US oil patch proposed as endangered species 2023-06-30T04:00:00Z A community investment fund would receive 35% of the tax revenue generated by those sales, while a Cannabis Public Health Fund and a Cannabis Business Assistance Fund would each get 5%. Maryland law legalizing marijuana use, retail sales kicks in Saturday 2023-06-29T04:00:00Z Lawmakers are working with an estimated surplus of $7.5 billion because of high tax revenues. Michigan lawmakers work toward bipartisan budget with deadline looming 2023-06-28T04:00:00Z The original plan included $300 million in money from general obligation bonds and $700 million in highway user tax revenue, however, the Legislature pivoted due to a walkout by Republican senators and sick committee members. Oregon Legislature approves paying state’s share for I-5 Replacement Bridge 2023-06-26T04:00:00Z But for an agreement with the Angels — and a development deal collapsed last year — the city of Anaheim gets no tax revenue from that land. Commentary: Nevada rolled the dice on the A's. A kindergarten teacher lost faith in government 2023-07-06T04:00:00Z Another vetoed bill would permit the state’s Local Government Commission to order withheld a portion of sales tax revenues the state collects for cities and counties that fail to complete annual audits of their accounts. North Carolina GOP bars promotion of certain beliefs in state government, 1 of 5 veto overrides 2023-06-27T04:00:00Z Local officials are now looking to emulate the state tax as another way to bring in tax revenue from the wealthy and make local tax systems more progressive. Poll shows how residents feel about a capital gains tax just for Seattle 2023-06-22T04:00:00Z Steep declines in sale prices mean steep declines in local tax revenue. Opinion: Will L.A. have an office apocalypse or housing boom? Tax breaks might make the difference 2023-06-23T04:00:00Z She suggested changes might be easier at a regional level — for example, dedicating tax revenues from fossil fuel users in a region to climate finance needs in that region. Shifting S. Africa coal plant for clean energy needs millions in loans. Experts say that’s a problem 2023-06-21T04:00:00Z If that something else were built without public funding, all the tax revenue generated by that something else would be available for parks, libraries, first responders — and teachers. Commentary: Nevada rolled the dice on the A's. A kindergarten teacher lost faith in government 2023-07-06T04:00:00Z While data center proposals have prompted opposition from neighboring residents, local governments have been reluctant to turn them away because of the tax revenue they generate. Backlash to data centers prompts political upset in northern Virginia 2023-06-22T04:00:00Z He estimated the tax could raise $50 million a year in local tax revenue. Poll shows how residents feel about a capital gains tax just for Seattle 2023-06-22T04:00:00Z Suppose that sale results in a 50% decline in property tax revenue over the next 10 years. Opinion: Will L.A. have an office apocalypse or housing boom? Tax breaks might make the difference 2023-06-23T04:00:00Z California is losing population and it turns out that among those fleeing to other states, including Texas, Nevada and Arizona, are high-income earners that California relies on for state tax revenue. A guide to the guidebooks that told the world Los Angeles was a paradise 2023-06-18T04:00:00Z "We face a crazy situation with enormous compliance burdens and tax revenues going to other countries. For me that's the issue to watch," he said. Analysis: Global tax deal at risk as first pillar teeters 2023-06-16T04:00:00Z The tax revenues, the mayor said, have been a municipal lifeline. Oregon Town’s Marijuana Boom Yields Envy in Idaho 2023-06-15T04:00:00Z Instead, in California at least, strong tax revenues propelled school funding to new highs during the past two years. How California schools are spending billions in record pandemic aid 2023-06-14T04:00:00Z Now suppose that, instead, the building is converted into 200 units of housing while benefiting from a tax abatement program that means forgoing 50% of tax revenue over the same 10 years. Opinion: Will L.A. have an office apocalypse or housing boom? Tax breaks might make the difference 2023-06-23T04:00:00Z The state argued it was forced to take more than $5 billion from the American Rescue Plan Act of 2021 — but that the money can’t be used to offset state tax revenue. Supreme Court won’t hear Ohio’s challenge to pandemic relief money over tax cuts 2023-06-12T04:00:00Z However campaigners in favour of the strategy argue that tax revenues could be used to promote healthier eating patterns. Danone boss calls for higher taxes on unhealthy food 2023-06-11T04:00:00Z Patrick Bageant, a Boise councilman, said the need for alternative forms of tax revenue was increasingly urgent. Oregon Town’s Marijuana Boom Yields Envy in Idaho 2023-06-15T04:00:00Z That has huge implications not just for building owners but also for cities that rely on property tax revenue and the economic vibrancy that office workers generate. Opinion: Downtown L.A.'s 'zombies': How to fight a post-COVID plague of undead office buildings 2023-06-11T04:00:00Z Creating a tax abatement program or comparable incentive in time to avoid huge declines in property tax revenue would be a big lift for policymakers to pull off. Opinion: Will L.A. have an office apocalypse or housing boom? Tax breaks might make the difference 2023-06-23T04:00:00Z But, in short, the cost of the light rail expansion is high enough that the agency must stretch out the timeline to reduce the immediate impact of collecting that much tax revenue. Meet David Kroman, Transportation Reporter 2023-06-09T04:00:00Z The finance ministry on Tuesday said it expects tax revenues from the oil sector to recover in the second half of the year. Russian budget deficit narrows to $42 bln after slight surplus in May 2023-06-06T04:00:00Z The cannabis boom is helping to drive a thriving local economy — and tax revenues that have paid for new police positions, emergency response vehicles, and park and trail improvements. Oregon Town’s Marijuana Boom Yields Envy in Idaho 2023-06-15T04:00:00Z As vacancies persist, businesses that cater to office workers close or relocate, creating more vacancies and often causing public-safety problems that cities struggle to address with diminished tax revenues. Opinion: Downtown L.A.'s 'zombies': How to fight a post-COVID plague of undead office buildings 2023-06-11T04:00:00Z Decisive action could increase housing production and lead to robust property tax revenue that could benefit Angelenos for decades to come. Opinion: Will L.A. have an office apocalypse or housing boom? Tax breaks might make the difference 2023-06-23T04:00:00Z Multiple White House officials say the Republican team briefly entertained relatively modest proposals to raise tax revenue, including closing loopholes that benefit some real-estate owners and people who trade cryptocurrency. Biden’s Debt-Deal Strategy: Win in the Fine Print 2023-06-03T04:00:00Z But neither Mr. McCarthy nor Mr. Biden has shown any interest in what those groups want: a mix of significant cuts to retirement programs and increases in tax revenues. The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast 2023-06-02T04:00:00Z In 2020, the first full year in which Ontario allowed cannabis sales, the city took in $1.8 million in resulting tax revenue. Oregon Town’s Marijuana Boom Yields Envy in Idaho 2023-06-15T04:00:00Z Some say they recognize that the county needs tax revenue. Will a Dollar General Ruin a Rural Crossroads? 2023-06-02T04:00:00Z The Congressional Budget Office has projected that the $1.4 billion rescission will actually increase deficits by about $900 million over the next decade because it will lead to less tax revenue coming in. Republicans get their IRS cuts; Democrats say they expect little near-term impact 2023-05-31T04:00:00Z Much of the sports wagering tax revenues would go to local, regional and state athletics initiatives, athletic programs at most University of North Carolina system schools and problem-gambling programs. North Carolina sports, horse-race betting legislation heading to votes in state Senate 2023-05-31T04:00:00Z Presenters projected $900 million in annual construction wages and $17 million in tax revenue from operations each year in a study run by firms including Goldman Sachs, and funded by the Athletics. Economic boost or big business hand-out? Nevada lawmakers consider A’s stadium financing 2023-05-29T04:00:00Z The key challenge is that an aging population means that programs for older people have costs that exceed tax revenues. Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government 2023-05-30T04:00:00Z He said the store would provide the county’s residents a convenient and affordable place to shop, while also generating sorely needed tax revenue. Will a Dollar General Ruin a Rural Crossroads? 2023-06-02T04:00:00Z The aid is intended to cover huge budget deficits caused by vastly higher military spending and the loss of tax revenue from areas occupied by Russian troops as well as to support economic reform efforts. Ukraine’s economy shows ‘resilience’ from Russian attacks, IMF says as it backs aid 2023-05-30T04:00:00Z Economists generally consider increased government spending — if it is not offset by increased tax revenues — to be a short-term boost for the economy. Why Spending Cuts Likely Won’t Shake the Economy 2023-05-29T04:00:00Z Inflation, rising interest rates, bank closures — all of that suppressed the economy, particularly the stock market, and resulted in reduced state tax revenues. Column: Newsom's budget math doesn't add up 2023-05-29T04:00:00Z Mrs. Yellen revised the default timeline in a letter to Mr. McCarthy saying that incoming tax revenue had changed the calculus. McCarthy confident that Congress will meet new debt limit deadline 2023-05-27T04:00:00Z Proponents argued that the Cheval Blanc hotel would have brought in hundreds of millions of dollars in tax revenue over the next three decades. Beverly Hills voters appear to reject world's richest man's Rodeo Drive hotel project 2023-05-26T04:00:00Z Mrs. Yellen revised the default timeline in a letter to House Speaker Kevin McCarthy saying that incoming tax revenue had changed the calculus. Breathing room: Yellen moves default deadline to June 5 2023-05-26T04:00:00Z The IRS planned to use the money to hire thousands of new agents, and the extra tax revenue they generated was expected to offset a slew of climate-friendly tax credits. Factbox: What's in the debt ceiling deal Biden, McCarthy are negotiating? 2023-05-26T04:00:00Z This year there isn’t enough tax revenue for any Democratic spending plan that has emerged. Column: Newsom's budget math doesn't add up 2023-05-29T04:00:00Z Income tax revenue is now forecast to be slightly ahead of its previous outlook, due to the resilience of high employment. Scottish government faces £1bn shortfall in spending plans 2023-05-25T04:00:00Z The U.S. government spends far more than it collects in tax revenue and has to borrow the difference. Threat of US credit downgrade looms over debt ceiling talks 2023-05-25T04:00:00Z The grant would come out the state’s general fund, but any tax revenue the draft generates would help replenish the money, they added. Green Bay-area legislators ask finance committee for $2m to support NFL draft 2023-05-25T04:00:00Z The mine could produce up to 40 billion pounds of copper over 40 years and provide 1,500 jobs and millions in tax revenue and compensation. Biden administration pauses copper mining project on Oak Flat, a sacred Apache site 2023-05-25T04:00:00Z Mr. McCarthy has cited last year’s numbers to incorrectly claim current tax revenues are near record highs. Potential Debt Ceiling Deal Would Barely Change Federal Spending Path 2023-05-24T04:00:00Z But there will be a hit to the budget next year from an adjustment linked to an over-estimate of income tax revenue in 2021-22. Scottish government faces £1bn shortfall in spending plans 2023-05-25T04:00:00Z To ensure continued IMF support, Ukraine must meet a number of conditions, including steps to boost tax revenue, maintain exchange rate stability, preserve central bank independence, and strengthen anti-corruption efforts. IMF mission starts review of Ukraine's new loan program 2023-05-23T04:00:00Z Mr. Biden criticized Republicans on Sunday for not considering raising additional tax revenue to reduce future budget deficits as part of the negotiations. Biden and McCarthy Set to Resume Negotiations on Debt Limit 2023-05-21T04:00:00Z The funds come from the state’s Strategic Investment and Improvements Fund, derived from oil tax revenue, with an additional $2 million match from a federal Land and Water Conservation Fund grant. North Dakota plans new state park near Canadian border 2023-05-22T04:00:00Z “There’s always uncertainty about tax revenue and spending so it’s hard to be absolutely certain about this,” she said. Biden: GOP must move off ‘extreme’ positions, no debt limit deal solely on its ‘partisan terms’ 2023-05-21T04:00:00Z The entire economy was regulated by the imperial government through a system of guilds, which helped ensure steady tax revenues. Western Civilization: A Concise History 2020-01-01T00:00:00Z The tax revenue also went to purchase rails, locomotives, and wire from Britain for railroads and telegraph lines in India. World History: from 1400 2022-12-14T00:00:00Z Roman governors often looked the other way when publicans squeezed additional tax revenues from the populations of the provinces. World History: to 1500 2023-04-19T00:00:00Z Disneyland Resort is the biggest draw for visitors and tax revenue generator in the city. Disneyland says renovation plans could bring $253 million annually to Anaheim's economy 2023-05-18T04:00:00Z Aid would then grow along with sales tax revenue. Wisconsin Republican leaders at odds over local government aid bill, putting it at risk 2023-05-18T04:00:00Z There is another factor to consider, one that is more difficult to pin down than the amount of tax revenue or the existence of Constantinople’s walls. Western Civilization: A Concise History 2020-01-01T00:00:00Z By cutting off access to foreign trade outside the tribute system, the Ming government greatly reduced its tax revenue, which left it constantly short of funds. World History: from 1400 2022-12-14T00:00:00Z The day's $26 billion in tax revenues would not be enough to cover about $101 billion in spending obligations promised by Congress. Explainer: What happens if Washington falls behind on its bills? 2023-05-18T04:00:00Z Much of the worsening in the accounts is due to falling tax revenue as the country’s economy slows. New Zealand announces worse-than-expected deficit as economy stutters 2023-05-18T04:00:00Z The shared revenue program to fund local governments, created in 1911, has remained nearly unchanged for almost 30 years, despite overall growth in tax revenues. Wisconsin Republican leaders at odds over local government aid bill, putting it at risk 2023-05-18T04:00:00Z When critics questioned the expenditure of Florida tax revenue in Texas, DeSantis simply had his indulgent state legislators rewrite the law and appropriate $12 million more to transport migrants from outside Florida to Democratic locations. Column: A glimpse into the dystopian abyss of President DeSantis' America 2023-05-17T04:00:00Z The southern parts of the Spanish American empire underwent a similar experience because the patriot creole group also coveted the potential benefits of independence: free trade, control over tax revenue, and local governance. World History: from 1400 2022-12-14T00:00:00Z Since 2021, the Israeli government has given permits to thousands of workers to cross into Israel, boosting Gaza's economy and bolstering tax revenues for Hamas. Israel-Gaza: Palestinian family left homeless after strikes 2023-05-17T04:00:00Z And while a larger population can mean higher costs for governments, it can also result in bigger tax revenues. Asia is spending big to battle low birth rates - will it work? 2023-05-16T04:00:00Z For the first time, he’s facing some actual adversity — inflation, rising interest rates, bank closures — that is suppressing the economy and reducing state tax revenue. Buried fees, cuts and some gems in Newsom's budget, and thankfully no major tax increase 2023-05-15T04:00:00Z That’s because the expected tax revenues that will come in mid-June and other measures will give the federal government enough cash for at least a few more weeks. Biden, congressional leaders likely to meet Tuesday for talks on raising the debt limit 2023-05-14T04:00:00Z Some fiscal experts warn that if incoming tax revenue continues to be lower than expected, the date for the government defaulting on some of its obligations could be moved forward. Shrinking tax revenue complicates debt limit talks; Biden says ‘we’re not there yet’ 2023-05-13T04:00:00Z That’s because government expenditures are routinely more than tax revenues, helping to subsidize the comforts Americans depend on - national security, public works, a federal safety net and basic operations to keep a civil society running. Debt ceiling standoff shows how era of pandemic spending is giving way to focus on stemming deficits 2023-05-13T04:00:00Z That’s because government expenditures are routinely more than tax revenues, helping to subsidize the comforts Americans depend on — national security, public works, a federal safety net and basic operations to keep a civil society running. Debt ceiling talks push Washington toward new era of deficit cuts 2023-05-12T04:00:00Z While mixed martial arts has surged in popularity, boxing remains the main breadwinner for the commission, accounting for 76% of television tax revenue and 56% of event receipts last year, according to the agency. California created the nation's only pension for aging boxers. But it's failing to deliver 2023-05-11T04:00:00Z A default could come sooner than expected because tax revenues have been trickling into the government’s coffers this spring. ‘There Are No Good Options’: The U.S. Is Running Out of Money 2023-05-09T04:00:00Z But if tax revenues allow Treasury to meet obligations through mid-June, quarterly estimated tax payments due on June 15 can likely float the government through June 30, BPC said in its analysis. US debt limit default could hit in early June to early August -think tank 2023-05-09T04:00:00Z The company had long been able to assume that if it built a development, someone else would provide water for it — usually a local government eager for tax revenue. The water brokers 2023-05-07T04:00:00Z Even if the government has a better sense of tax revenues, it could have to reimburse a state government, pay a contractor or face expenses that make the X-date a moving target. Faster IRS offering better picture on looming debt ‘X-date’ 2023-05-04T04:00:00Z At Doonbeg on Wednesday he was asked if he would prefer the corporation tax being paid by those companies in Ireland to boost US tax revenue instead. Trump heads home after labelling Stormont deadlock 'tough to resolve' 2023-05-04T04:00:00Z The shared revenue program to fund local governments, created in 1911, has remained nearly unchanged for almost 30 years, despite overall growth in tax revenues, according to the nonpartisan Wisconsin Policy Forum. Evers promises to veto GOP local aid increase plan 2023-05-04T04:00:00Z That growth translated to $34.5 billion in overall economic impact to L.A., a figure that accounts for how visitor spending affects job growth and state and local tax revenue, among other factors. L.A. tourists are (mostly) back — except some of the biggest spenders 2023-05-04T04:00:00Z The surplus is a product of projected increases in state tax revenue, fueled by strong sales and gaming tax revenue that benefited from high inflation and strong consumer spending. Dual visions for Nevada as Legislature enters final stretch 2023-05-04T04:00:00Z It was initially believed that Congress had at least until the end of June to raise the debt limit, but Ms. Yellen said lower-than-expected tax revenue has forced the date forward. House Democrats float proposal forcing clean debt bill through House with GOP votes 2023-05-02T04:00:00Z Lawmakers initially believed they had at least until the end of June to raise the debt limit, but Ms. Yellen said lower-than-expected tax revenue has forced the date forward. McCarthy agrees to meet with Biden on debt ceiling next week 2023-05-02T04:00:00Z Her proposal, she said, reflects the city’s financial realities amid increased expenses, the looming end of pandemic-era federal aid and reduced tax revenue from commercial real estate. Bowser, D.C. Council’s feud over public transit vision escalates 2023-05-01T04:00:00Z It’s estimated to generate about $23 million annually in tax revenue and licensing fees, with a percentage earmarked for problem gambling and the state’s public pension system. As 149th Derby nears, Kentucky prepares for sports betting 2023-05-01T04:00:00Z It is not clear how much tax revenue has been delayed by the storms, but the extensions have given the Treasury Department less wiggle room to keep paying the bills. Trickling Tax Revenue Complicates Debt Limit Talks 2023-05-01T04:00:00Z In an interview, he has said he would pay for those promises by expanding the economy, and thus tax revenue, by eliminating red tape. Paraguay Picks a New President: What You Need to Know 2023-04-30T04:00:00Z He said it has created thousands of jobs and millions of dollars in annual tax revenue. On frontier of new ‘gold rush,’ quest for coveted EV metals yields misery The municipality hit a record last year in bed tax revenue at $40 million, up sharply from previous years. Cruise industry expects to bring a record number of visitors to Alaska 2023-04-29T04:00:00Z The company was a corporate darling of the state, contributing huge amounts of tax revenue and local jobs, not to mention campaign contributions to elected officials. How strong is Disney's 1st Amendment case against Ron DeSantis? 2023-04-28T04:00:00Z The specific date would largely depend on how quickly tax revenues are coming into the government’s coffers. Trickling Tax Revenue Complicates Debt Limit Talks 2023-05-01T04:00:00Z The exact time frame has been put in doubt in recent weeks as incoming tax revenue has proved lower than originally expected by economists. Democrats anxious over default, but refuse to abandon Biden’s no-negotiation pledge on debt limit 2023-04-27T04:00:00Z Local property tax revenue, already under pressure, could plummet, forcing governments to cut services or lay off workers. Stress Builds as Office Building Owners and Lenders Haggle Over Debt 2023-04-27T04:00:00Z Those numbers will change next month when Newsom updates his budget proposal based on new tax revenue received since January. California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z The government wants to formalise this growing sector of the economy as part of a national strategy to increase tax revenues. Buying banknotes to survive Zimbabwe's sky-high inflation 2023-04-25T04:00:00Z The national debt would more than double, largely as a result of these expenditures outstripping tax revenues. As Biden, McCarthy clash on US debt, what are differences? 2023-04-25T04:00:00Z Besides property taxes, Palos Verdes Estates generates little in the way of tax revenue, as there are few businesses within its borders. Column: Is the reign of the surf thugs at Lunada Bay finally coming to an end? Looks like it 2023-04-23T04:00:00Z Some industry experts are optimistic that given enough time, building owners and their lenders will hammer out compromises, avoiding foreclosures or a big loss in property tax revenue because everybody wants to minimize losses. Stress Builds as Office Building Owners and Lenders Haggle Over Debt 2023-04-27T04:00:00Z It’s likely the budget deficit will have grown, as tax revenues have continued to fall below projections. California Democrats propose tax changes for businesses 2023-04-26T04:00:00Z Supporters also argue that a state-regulated industry will reduce illegal black market sales, create jobs and generate more tax revenue. Delaware governor drops opposition to marijuana legalization 2023-04-21T04:00:00Z The Congressional Budget Office says that change would cost the government about $100 billion in tax revenue. The Debt Ceiling Debate Is About More Than Debt 2023-04-21T04:00:00Z Private firms, a key driving force behind China’s economic ascent in the past four decades, account for half of the country’s tax revenue, over 60% of output and provide 80% of urban employment. China passes guidance for supporting private sector - state media 2023-04-21T04:00:00Z Part of Amazon’s deal with Arlington would reinvest any growth in tax revenue in the neighborhood to fund transportation projects near the new campus. Amazon HQ2 was thought up pre-pandemic. But the world is hybrid now. 2023-04-19T04:00:00Z Under that plan, Arizona's labor market would lose around half a billion dollars in wages thanks to job loss in agriculture and other industries, and the state would also lose millions in tax revenue. Feds’ Colorado River choice: California’s rights or Arizona’s future? 2023-04-20T04:00:00Z Wall Street firms — looking at tax revenues — are estimating that the day of reckoning is near. Biden, McCarthy in different worlds on debt standoff 2023-04-19T04:00:00Z Some economists see a recession coming that could slash city tax revenue at a time when Bass is expanding homeless spending, though opinions are divided on the direction of the economy. LA mayor wants $1.3B for homeless crisis, hotels for housing 2023-04-17T04:00:00Z The proposal, she said, reflects the city’s financial realities amid increased expenses, the looming end of pandemic-era federal aid and reduced tax revenue from commercial real estate. D.C. mayor’s budget scales down road safety, cuts Circulator routes 2023-04-14T04:00:00Z But for local entrepreneurs that had been planning on seeing some more clientele — and for the county officials expecting more tax revenue — the construction delay is a “real impact,” Hadden Loh added. Amazon HQ2 was thought up pre-pandemic. But the world is hybrid now. 2023-04-19T04:00:00Z When that tax and the program's other tax revenues don't raise enough money to cover Part A's costs, the program dips into the Medicare Hospital Insurance trust fund to make up the difference. Medicare taxes are projected to increase. Here's why 2023-04-16T04:00:00Z For their part, southern states have been increasingly angered by how much tax revenue goes to northern states, which form the core of BJP support. India’s population overtakes China’s, but numbers mask a bigger story 2023-04-14T04:00:00Z Council who spent years trying to help the team return to the RFK site, said a new stadium would help the city at a time when it is facing decay downtown and declining tax revenue. On a ‘national holiday’ for Commanders fans, stadium talk intensifies 2023-04-13T04:00:00Z Local officials agreed to pay the company part of an increase in tax revenue from hotels and short-term rentals, assuming that the new headquarters would boost local hotel stays. Amazon requests first HQ2 incentives from Virginia: Nearly $153 million 2023-04-13T04:00:00Z Lower assessments mean less commercial property tax revenue for Arlington, which depends on this stream of money to fund a significant chunk of county services. Amazon HQ2 was thought up pre-pandemic. But the world is hybrid now. 2023-04-19T04:00:00Z Annually, the race generates £3m in tax revenues for the Treasury. Psychiatrists warn gamblers ahead of Grand National 2023-04-13T04:00:00Z Democrats still wish to expand the social safety net, however, which requires — you guessed it! — more tax revenue. Opinion | Sorry, Democrats. You can’t pay for everything solely by soaking the rich. 2023-04-11T04:00:00Z Sri Lanka's economic meltdown, triggered by a severe foreign exchange shortage, low tax revenues and high debt, has seen the cost of living soar. Fortune teller sees bleak future as Sri Lankans celebrate new year 2023-04-11T04:00:00Z Officials in California and Nevada, which have long shorelines along Lake Tahoe and collect tax revenue from the many tourists who visit, hope to restore the water’s clarity to nearly 100 feet. Tiny nibbling creatures are making Lake Tahoe clearer than it’s been in decades 2023-04-11T04:00:00Z That hasn’t happened yet, so “no incremental tax revenue has been set aside for capital projects,” said O’Donnell, the spokeswoman for Arlington’s economic development office. Amazon HQ2 was thought up pre-pandemic. But the world is hybrid now. 2023-04-19T04:00:00Z Seattle was facing a budget shortfall of $140 million, officials said late last year, in part because of lower-than-expected real estate tax revenue and the effects of the pandemic. Seattle, hit by tech cuts and pandemic, tries to reboot 2023-04-08T04:00:00Z After the real estate market began to cool last year, for example, Seattle budget writers predicted a shortfall in tax revenue tied to construction and sales. Interest rates, bank turmoil hit Seattle's commercial real estate market 2023-04-09T04:00:00Z The Biden administration wants to reduce the nation’s $7 trillion of uncollected tax revenue, and use the money to fund initiatives like combating climate change and curbing prescription drug prices. The Week in Business: Cuts to Oil Production 2023-04-09T04:00:00Z “But the damage to Switzerland as a place to do business, to the reputation of Switzerland, to tax revenue and jobs, would have been enormous,” he said. Swiss regulators defend rescue of Credit Suisse via UBS deal 2023-04-05T04:00:00Z “But the damage to Switzerland as a place to do business, to the reputation of Switzerland, to tax revenue and jobs, would have been enormous,” he added. Swiss regulators defend rescue of Credit Suisse via UBS deal 2023-04-05T04:00:00Z Ukraine must meet certain conditions to ensure the IMF financing, including steps to boost tax revenue, maintain exchange rate stability, preserve central bank independence and strengthen anti-corruption efforts. Ukraine hopes to get $1.8 bln from IMF in two more tranches in 2023 2023-04-04T04:00:00Z Data centers provide hundreds of local jobs and millions in tax revenues, though their exemptions save them more than they actually pay. Quiet opponent of Oregon data center clean-energy bill? Amazon 2023-04-01T04:00:00Z Previous administrations have claimed their policies will “pay for themselves” by spurring economic growth and higher tax revenues. Top Economist Leaves White House, and an Economy Not Yet ‘Normal’ 2023-03-31T04:00:00Z Affordable housing developers faced a similar challenge in 2016, when the city proposed doubling the amount of tax revenue raised but building fewer affordable homes. Facing new 'urgency', Seattle could triple affordable housing levy 2023-03-30T04:00:00Z Sports wagering in Kentucky is estimated to generate about $23 million a year in tax revenue and licensing fees. Sports betting bill wins final OK from Kentucky lawmakers 2023-03-30T04:00:00Z “While lower bonuses affect income tax revenues for the state and city, our economic recovery does not depend solely on Wall Street,” Mr. DiNapoli said in a statement. Wall Street Bonuses Drop 26% as Deal-Making Cools 2023-03-30T04:00:00Z The securities industry plays a major role in state and city tax revenue, accounting for an estimated 22% of the state’s tax collections and 8% of collections for the city. Average Wall Street bonuses dipped 26% to $176,700 last year 2023-03-30T04:00:00Z Their draft plan: $300 million bonded against general funds and $700 million bonded against highway user tax revenue from the Oregon Department of Transportation. OR drafts $1B plan for new I-5 bridge over Columbia River 2023-03-29T04:00:00Z Mr. Mendelson wants federal workers to return to the office instead of teleworking so spaces aren’t vacant and retail tax revenues rise. Congress must fight D.C.’s ‘shocking’ crime trend, says House’s Comer 2023-03-29T04:00:00Z The city says the Wharf is on track to generate nearly 6,000 permanent jobs and $94 million in direct annual tax revenue. White people have flocked back to city centers — and transformed them They say the rule, which took effect Jan. 30, jeopardizes the retirement savings of millions of Americans and could lower states' tax revenue by triggering divestments from the oil and gas industry. Challenge to Biden ESG investing rule will stay in Texas court 2023-03-29T04:00:00Z The privilege tax revenues would go to local, regional and state athletics initiatives, smaller athletic programs at University of North Carolina system schools and problem-gambling programs. Revived N. Carolina sports wagering bill wins big House vote 2023-03-28T04:00:00Z Republican Study Committee Chair Kevin Hern said his group was focused on structural changes that would keep spending in line with tax revenue. House GOP eyes competing lists of spending cuts for debt limit showdown 2023-03-28T04:00:00Z Put another way: Shangqiu used more than a third of its tax revenue to pay interest on its debt. China’s Cities Are Buried in Debt, but They Keep Shoveling It On 2023-03-28T04:00:00Z State budget analysts have forecast a $1.4 billion tax revenue surplus at the end of the fiscal year, the Idaho Statesman reported. Idaho bill to provide free period products in schools fails 2023-03-27T04:00:00Z “This is simply slowing down the rate of growth for tax revenue.” States cranking out even more tax cuts amid cash surpluses 2023-03-21T04:00:00Z Wheeler has championed development in some portions of Prince William as a way to create more affordable housing and to attract businesses to a county that has been largely dependent on tax revenue from homeowners. Republican Jeanine Lawson announces bid for Prince William board chair 2023-03-20T04:00:00Z Officials in Republican-led states have argued that the rule will lead to disinvestment in fossil fuel companies that provide tax revenue and jobs in their states. Biden Issues First Veto to Protect Socially Conscious Investing 2023-03-20T04:00:00Z This year, officials are putting their hope in a big jump in land sales and some growth in tax revenue. China’s Cities Are Buried in Debt, but They Keep Shoveling It On 2023-03-28T04:00:00Z He is under no obligation to do anything, even as the city covets development and tax revenue from a parking lot the city itself has failed to develop for more than half a century. Shaikin: The first two stadium deals collapsed. Why would the Angels and Anaheim try again? 2023-03-20T04:00:00Z In Missouri, some Republican lawmakers argued that more tax cuts ultimately would give residents more money to spend and lead to continued growth in state tax revenues. States cranking out even more tax cuts amid cash surpluses 2023-03-21T04:00:00Z Last fall, it emerged that $2.5 billion had been stolen from the office of tax revenue and that much of it had been spirited out of the country. 20 Years After U.S. Invasion, Iraq Is a Freer Place, but Not a Hopeful One 2023-03-18T04:00:00Z That pointed to uncertainty in tax revenue after small firms were particularly squeezed by anti-virus measures last year. China Jan-Feb fiscal revenue shrinks despite pick-up in economy 2023-03-17T04:00:00Z Budget officials originally projected that mobile sports betting would generate $357 million in state tax revenue for the 2023 fiscal year, which ends March 31. Mobile sports bets booming in some states as others shy away 2023-03-16T04:00:00Z The city would have generated a projected $652 million in tax revenue over 30 years from development, the costs of which would be borne by Moreno and/or development partners. Shaikin: The first two stadium deals collapsed. Why would the Angels and Anaheim try again? 2023-03-20T04:00:00Z If legalized, sports wagering in Kentucky is expected to generate about $23 million a year in tax revenue and licensing fees, Meredith told the Senate committee. Bill to legalize sports wagering headed to Kentucky Senate 2023-03-15T04:00:00Z The return of office workers at 47% of normal lags the national average, and is a major blow to small businesses that rely on downtown employees as customers and city tax revenues. 4 recommendations to Mayor Harrell on downtown Seattle revitalization 2023-03-14T04:00:00Z But projections for growth after that could be lowered, reducing tax revenues. Hunt, hemmed in by debt, set to focus on growth in UK budget 2023-03-14T04:00:00Z Through February, mobile sports betting had generated $661 million of tax revenue for education. Mobile sports bets booming in some states as others shy away 2023-03-16T04:00:00Z “It’s a land and power grab by white state officials of a majority-Black-controlled institution, tax revenues and political power,” she said. Ex-rep: Legislative plans in Mississippi are ‘Jim Crow 2.0’ 2023-03-14T04:00:00Z City governments are having to do the same as downtown tax revenue is cratering now that so many folks are working from home. Perspective | To survive in D.C., he eats thousands in fines to hawk $8 chicken 2023-03-13T04:00:00Z Before the pandemic, 350,000 jobs were assigned to downtown Seattle, representing a majority of the daily downtown population and driving small business income and substantial tax revenue for the city. 4 recommendations to Mayor Harrell on downtown Seattle revitalization 2023-03-14T04:00:00Z If legalized, sports wagering in Kentucky is expected to generate about $23 million a year in tax revenue, Meredith said. Bill to legalize sports wagering clears Kentucky House 2023-03-13T04:00:00Z They say it’s already happening: Oil tax revenue fell 48% in January from a year earlier, according to the International Energy Agency. Russia’s economy holds up, but growing challenges test Putin 2023-03-13T04:00:00Z Lawmakers estimate that sports betting could generate about $60 million in annual tax revenue and $70 million to $80 million in initial licensing fees, which must be renewed every five years. Online betting begins in sports-crazed Massachusetts 2023-03-10T05:00:00Z Export tax revenue is a major contributor to the South American country's economy, which suffers from low foreign exchange reserves, massive debt as well as an annual inflation topping 100%. Historic drought in Argentina seen shrinking GDP by 3 points 2023-03-10T05:00:00Z “The hardest policy shift is also the most important: increasing payroll tax revenues,” they wrote in the book. Missing From Biden’s Budget: His Plan for Social Security 2023-03-10T05:00:00Z While corporate profits are up more than expected, the state’s non-wage tax revenue from small businesses and the stock market showed “a sudden and unexpected decline,” he said. Maryland revenue estimated to shrink by $477 million 2023-03-09T05:00:00Z The tax revenue from the project would be a lifeline for the North Slope, she said, which is in desperate need of affordable housing. TikTokers target controversial Willow oil project 2023-03-09T05:00:00Z Overall, he expects an additional $4.7 trillion in tax revenues and $800 billion in savings from making changes to government programs. Budget highlights Biden’s ‘values’ as he eyes 2024 campaign 2023-03-09T05:00:00Z Evers has touted his proposal as a way to keep a Wisconsin tradition alive, while also helping a business that creates a large number of jobs and tax revenue for the state. Coalition aims to keep Milwaukee Brewers in Wisconsin 2023-03-08T05:00:00Z The federal government has run deficits every year since 2000, spending more money than it receives in tax revenue. Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits 2023-03-08T05:00:00Z “It’s going to bring in a lot more tax revenue to the state,” Mr. Reed said. With a Marijuana Shop on ‘Every Corner,’ Oklahoma Votes on Full Legalization 2023-03-07T05:00:00Z Meanwhile, California, Connecticut, Massachusetts, New Jersey and New York were federal tax revenue losers: Citizens there received between 74 cents and 96 cents. From space lasers to civil war: Marjorie Taylor Greene's long audition to be Trump's running mate 2023-03-07T05:00:00Z A projected budget shortfall of more than $30 million did not materialize in Arlington, thanks in part to unexpectedly high tax revenue because of higher residential real estate assessments. Arlington, Alexandria budget proposals would boost pay for first responders 2023-03-03T05:00:00Z The county is facing record-high office vacancies of more than 22.1 percent, posing a major fiscal challenge to a jurisdiction that traditionally has relied on commercial properties for about half its tax revenue. Amazon says it is pausing construction at HQ2 in Arlington 2023-03-03T05:00:00Z Republicans also argue that the rule would lead to disinvestment from the fossil fuel industry, jeopardizing tax revenues and jobs. Congress Moves to Block Investment Rule, Setting Up Veto Fight 2023-03-01T05:00:00Z But they said the county of just 4,100 permanent residents deserves more tax revenue to support infrastructure and services including police, fire and EMS. Tesla gets $330M tax deal for Nevada expansion, truck plant 2023-03-02T05:00:00Z Officials in Republican-led states argue that it would lead to disinvestment in fossil fuel companies that provide tax revenue and jobs in their states, making it a top target of right-wing commentators and politicians. How Environmentally Conscious Investing Became a Target of Conservatives 2023-02-28T05:00:00Z A second measure would make it a felony for county officials to accept money beyond their own tax revenue, except from the state or federal government, to run elections. Residency fights could snare many Georgia voters under bill 2023-02-28T05:00:00Z Because Arlington’s hotel tax revenue had not yet reached pre-pandemic levels, the county has yet to pay anything to the company since its arrival three years ago. Amazon says it is pausing construction at HQ2 in Arlington 2023-03-03T05:00:00Z But just the side issue of how to pay for the state’s roads, as more electric cars deplete the state’s gas tax revenues, is inciting some incendiary reactions from the public of late. WA’s pay-per-mile tax is not the culture war we need right now 2023-03-01T05:00:00Z None of the $7.6 billion in annual federal gambling tax revenue goes to help prevent or treat gambling addiction, according to the problem gambling council. Maryland campus tries to get ahead of sports betting’s lure 2023-02-28T05:00:00Z The service was to be paid for by tax revenue that surpassed the city’s annual spending needs. Fare-free bus program doesn’t have funding, D.C. finance chief says 2023-03-01T05:00:00Z Several other Republican-led states said they may lose tax revenue if loans were wiped out. Supreme Court casts more doubt on Biden's plan to forgive student loans 2023-02-28T05:00:00Z The company projected over $750 million in direct and indirect tax revenue from the proposed tax breaks and those approved in 2014. Nevada board to vote on $330M in additional Tesla tax breaks 2023-02-27T05:00:00Z According to the ministry, the tax revenues from fuels will be 100% recovered with the end of the waiver. Brazil govt to resume fuel taxes -ministry 2023-02-27T05:00:00Z So the only way I’ve found to norm that is, ‘How big is your economy, and how much of that economy turns into tax revenue for your schools?’ State schools leader says WA isn’t doing enough to fund education 2023-02-27T05:00:00Z That requirement, which was part of the American Rescue Plan of 2021, was projected to raise nearly $1 billion in tax revenue per year over a decade. I.R.S. Decision Not to Tax Certain Payments Carries Fiscal Cost 2023-02-27T05:00:00Z Poverty rates have soared and the budget deficit is forecast to hit $38 billion in 2023 following a collapse in tax revenues. Ukraine's economy stabilizes after shock of war 2023-02-27T05:00:00Z The county took much of the hit from the original 10-year tax abatement plan, and the county will need increased tax revenues to help support the expansion, they said. Nevada board to vote on $330M in additional Tesla tax breaks 2023-02-27T05:00:00Z In the Supreme Court, the states are also arguing that the loan forgiveness program would cause their tax revenues to fall. Student Loan Case Before Supreme Court Poses Pressing Question: Who Can Sue? 2023-02-26T05:00:00Z But borrowing costs are rising and the economy could tip into recession this year, reducing tax revenues, so caution is warranted. Canada has firepower to invest billions in green transition, analysts say 2023-02-24T05:00:00Z That amounts to roughly $3 billion to $4 billion in lost tax revenue, according to back-of-the-envelope calculations from the conservative Tax Foundation and the nonpartisan Institute on Taxation and Economic Policy. I.R.S. Decision Not to Tax Certain Payments Carries Fiscal Cost 2023-02-27T05:00:00Z Losing top-level earners and the corporations they run would have a devastating impact in a country where 81 percent of tax revenue comes from just 20 percent of the population. Tech Leaders in Israel Wonder if It’s Time to Leave 2023-02-23T05:00:00Z As South Korea’s working-age population shrinks, a shortage in tax revenue is a major concern amid the growing burden of elderly care. South Korea just set a fertility record (but not in a good way) 2023-02-22T05:00:00Z But it employs people, produces income, earns foreign currency from exports, and contributes tax revenue that the government in Kyiv desperately needs to pay soldiers, repair power lines and buy medical equipment. How One Ukrainian Company Survived, and Thrived, Through a Year of War 2023-02-23T05:00:00Z The day when the United States runs out of cash — known as the X date — depends largely on how much the Treasury Department collects in 2022 tax revenue, the Bipartisan Policy Center said. U.S. Could Default on Debt as Early as Summer, New Estimate Says 2023-02-22T05:00:00Z But as more baby boomers age and retire, there are more beneficiaries and not enough tax revenue to fund the programs. Social Security and Medicare: Troubling math, tough politics 2023-02-20T05:00:00Z There are signs the workforce is starting to grow again, which could help boost growth and tax revenues later this year. Why is the UK economy lagging behind the US, Germany and others? 2023-02-17T05:00:00Z A study released Thursday says the climate-driven housing bubble threatens homeowners with plummeting values and municipal governments with losing a big chunk of tax revenue if local property values fall. Ignoring Climate Risks Has Inflated Property Values in Flood Zones 2023-02-17T05:00:00Z "Many local governments are heavily dependent on property tax revenue for their overall budget," Gourevitch said. Homes in flood zones are overvalued by billions, study finds 2023-02-17T05:00:00Z “Whatever tax revenue you think you’re getting from this, it’s not worth the risk.” Warrenton lawmakers approve plans for controversial Amazon data center 2023-02-15T05:00:00Z The projected exhaustion date for federal borrowing remains “uncertain,” the CBO said, because tax revenues and spending in coming months could differ from the agency’s assumptions. Government will hit debt limit as soon as July, CBO says 2023-02-15T05:00:00Z The nonpartisan Congressional Budget Office estimated that had the amendment passed, it would have reduced tax revenue by $4 billion, in part by encouraging underreporting of income. Fact-Checking Misleading Claims about the I.R.S. 2023-02-15T05:00:00Z The new forecasts, released Wednesday afternoon, project a $1.4 trillion gap this year between what the government spends and what it takes in from tax revenues. U.S. on Track to Add $19 Trillion in New Debt Over 10 Years 2023-02-15T05:00:00Z However, the budget office noted that the timing of the so-called X-date is uncertain because it depends on how much tax revenue comes into the federal government over the coming months. C.B.O. Warns of Possible Default Between July and September 2023-02-15T05:00:00Z At that point, the program’s tax revenues will be able to cover only about three-quarters of scheduled retiree benefits, though Congress could choose to make up the difference with borrowing or additional tax revenue. As Lawmakers Spar Over Social Security, Its Costs Are Rising Fast 2023-02-15T05:00:00Z Under the bill, the state would include information in the voters pamphlet that provides information about state budgets and where tax revenue actually goes, along with other information on spending. Boot confusing advisory votes from WA ballots 2023-02-12T05:00:00Z It means the economy is generally performing badly and companies may make less money and cut jobs, leaving the government with less tax revenue. Brexit investment hit costs UK £29bn, says Bank of England policymaker 2023-02-13T05:00:00Z Those costs will be partially offset by about $1 trillion in increased tax revenues that stem from high inflation driving up nominal incomes for workers. U.S. on Track to Add $19 Trillion in New Debt Over 10 Years 2023-02-15T05:00:00Z Such subsidies are typically financed by tax revenue or borrowing. Net zero targets 'may mean higher taxes' 2023-02-12T05:00:00Z Loudoun collects about $576 million in annual local tax revenue from its 115 data centers, a third of its property value stream. Northern Va. is the heart of the internet. Not everyone is happy about that. 2023-02-10T05:00:00Z This usually means it is performing badly and companies may make less money and cut jobs, leaving the government with less tax revenue. UK economy narrowly avoids recession 2023-02-10T05:00:00Z The original plan called for the state to give up about $1 billion in tax revenue generated from the broader “mini-city” development to finance the stadium. Commanders stadium study short on fans in Virginia legislature 2023-02-08T05:00:00Z America’s $31.4 trillion national debt is the product of policy choices and economic shocks, largely since the turn of the century, when the federal government last spent less money than it received in tax revenues. U.S. on Track to Add $19 Trillion in New Debt Over 10 Years 2023-02-15T05:00:00Z If a country's economy shrinks, it means it's performing badly and typically, companies make less money and cut jobs leaving the government with less tax revenue to spend on public services. UK economy likely to avoid recession - think tank 2023-02-07T05:00:00Z The equitable investment of tax revenues in communities most impacted by health and educational injustices reflects the important role the community advisory board has played in making allocation recommendations to the city. Sweet success: Seattle’s sugary drink tax is reducing health inequities 2023-02-03T05:00:00Z So far, they have yet to produce even a list of proposed cuts beyond defunding the Internal Revenue Service, which would likely result in lower tax revenue and wider budget deficits. Opinion | Here are the ways the debt limit fight could end. Most are terrible. 2023-02-02T05:00:00Z They said directing all the 1% sales tax revenue to water would hinder Jackson’s ability to fix heavily damaged roads and bridges, including those pockmarked by potholes deep enough to flatten tires. Mississippi House seeks to control Jackson sales tax revenue 2023-02-02T05:00:00Z Although Ms. Yellen has the power to move funds around government accounts to delay a default, eventually the government’s coffers will run dry without the ability to raise more tax revenue or borrow more money. The Trillion-Dollar Question: Could a Coin Save the Day? 2023-02-02T05:00:00Z Because spending has often outrun tax revenue, Congress has had to raise that limit 102 times since the end of World War Two. Factbox: U.S. debt ceiling: A straightforward vote is not the usual path 2023-02-01T05:00:00Z The investment of tax revenues in under-resourced communities makes the sugary beverage tax an economically progressive policy. Sweet success: Seattle’s sugary drink tax is reducing health inequities 2023-02-03T05:00:00Z In exchange, Cheniere has agreed to provide $36 million in "revenue protection and supplemental payments" to the school district to compensate for lost property tax revenue. "A colossal giveaway": A tax break for big polluters is also starving public schools in Texas 2023-02-01T05:00:00Z The requirement means that even if Congress refuses to raise the debt ceiling, incoming tax revenue will be used to pay the roughly $500 billion in annual interest owed to the nation’s creditors. What’s all the talk in Washington about ‘default’ and the debt limit really about 2023-01-30T05:00:00Z The national debt is not the yearly deficit, the amount the government outspends its tax revenues. Lots of sound and fury on US debt, but not a crisis — yet 2023-01-27T05:00:00Z Local officials dream of a “Lithium Valley” economic renaissance that creates jobs and tax revenues without taking crops out of production. Want to solve climate change? This California farm kingdom holds a key 2023-01-17T05:00:00Z The dollar amount of tax revenues funding programs benefiting people with lower incomes is greater than the amount they pay in taxes. Sweet success: Seattle’s sugary drink tax is reducing health inequities 2023-02-03T05:00:00Z The resulting study found that total forgone tax revenues amounted to roughly $2.47 billion. "A colossal giveaway": A tax break for big polluters is also starving public schools in Texas 2023-02-01T05:00:00Z The federal government borrows money annually to cover the cost of defense and social welfare programs as it waits for tax revenue to come in. What’s all the talk in Washington about ‘default’ and the debt limit really about 2023-01-30T05:00:00Z But the debt challenge will keep unfolding over time, meaning that choices may become more severe as the costs of Social Security, Medicare and Medicaid increasingly outstrip tax revenues. Lots of sound and fury on US debt, but not a crisis — yet 2023-01-27T05:00:00Z The performance was widely expected, helped by record tax revenue from a more robust economy and generous dividends from state-run oil company Petrobras, which were boosted by surging commodity prices after the Ukraine war. Brazil's central govt posts 54.1 bln reais surplus in 2022, first in 9 years 2023-01-27T05:00:00Z Sales of taxed beverages are down, and tax revenues are supporting new programs that meet important community needs. Sweet success: Seattle’s sugary drink tax is reducing health inequities 2023-02-03T05:00:00Z For example, praising neighborhoods is fine, but downtown generates the majority of city tax revenue. Seattle faces a moment of truth to save downtown 2023-01-27T05:00:00Z If the debt ceiling is not raised later this year, the U.S. will face a shortfall between its more than $6 trillion budget and the $4.8 trillion it expects to take in from tax revenue. What’s all the talk in Washington about ‘default’ and the debt limit really about 2023-01-30T05:00:00Z The more tax revenue collected by the government, the longer the government can meet its obligations. Factbox: When might the U.S. default? Timeline of key events in debt limit battle 2023-01-25T05:00:00Z Of course, deficits could be narrowed by focusing on the other side of the ledger — that is, by increasing tax revenue. Opinion | Republicans pledge to balance the budget. But they have no idea how. 2023-01-24T05:00:00Z But these entitlements face annual shortfalls, especially as the number of retired Americans grows faster than the two programs’ dedicated tax revenue. House GOP eyes Social Security, Medicare amid spending battle 2023-01-24T05:00:00Z City and state officials have clashed in the past over the creation of government boards that have exerted some control over how Jackson spends its tax revenue and money raised from public bonds. Water system in Mississippi’s Capital could get new owners 2023-01-24T05:00:00Z The convention center, which is a self-governing Public Facilities District, sold bonds on future lodging tax revenue to fund the project, which went about $300 million over budget. Seattle’s massive $2B convention center finally opens after delays 2023-01-23T05:00:00Z As the 20th century ended, America’s coffers were flush with tax revenue and light on military obligations, a combination that many leaders thought would hold up well into the future. How the U.S. Government Amassed $31 Trillion in Debt 2023-01-22T05:00:00Z Many local officials have touted this growth, saying it increases local tax revenue without adding traffic or requiring much public infrastructure. Amazon launches $35 billion data center expansion in Virginia 2023-01-20T05:00:00Z Washington’s longstanding tax system is not perfect, but it has worked to massively grow the state tax revenues to fund education, transportation, public safety and the other public services we need. An ‘excise tax’ on income is detrimental to WA’s future 2023-01-19T05:00:00Z Three-fourths of the tax revenue will go to the general fund. US Virgin Islands authorizes recreational use of marijuana 2023-01-19T05:00:00Z But politicians from both parties — many of whom received generous contributions from the gambling industry — said that new casino sites could help create jobs, attract tourists and generate much-needed tax revenue. Betting on Gotham 2023-01-19T05:00:00Z The dot-com bubble burst, cutting into tax revenue. How the U.S. Government Amassed $31 Trillion in Debt 2023-01-22T05:00:00Z Finance Minister Ko Jong Bom lamented unspecified shortcomings in raising tax revenues from state companies. North Korea sustains high defense spending with new budget 2023-01-18T05:00:00Z The imbalance over the coming years increasingly reflects government expenses for programs such as Medicare and Social Security that are outstripping tax revenue. EXPLAINER: How ominous is the debt limit problem? 2023-01-17T05:00:00Z The state provides equalization funding to schools to cover funding gaps in those districts with low tax revenues, high enrollment and/or large numbers of disadvantaged students. Nebraska Gov. Pillen reveals plan for education funding 2023-01-17T05:00:00Z Lawmakers have projected billions more dollars in licensing fees and regular tax revenues. Betting on Gotham 2023-01-19T05:00:00Z Some conservatives claimed those cuts would “pay for themselves” by boosting economic growth and tax revenue, but independent analysts disagreed. How the U.S. Government Amassed $31 Trillion in Debt 2023-01-22T05:00:00Z The argument is that when the wealthy are given tax cuts, they create new jobs and stimulate growth — and the growth makes up for a decrease in tax revenue. The House GOP just admitted that "tax cuts don't pay for themselves": Columnist 2023-01-17T05:00:00Z The law includes a provision that says a state can’t use the money “to either directly or indirectly offset a reduction in the net tax revenue of such state.” Supreme Court rejects appeal on use of COVID aid for tax cuts 2023-01-17T05:00:00Z Labor shortages will also reduce tax revenue and contributions to a pension system that is already under enormous pressure. China’s Population Falls, Heralding a Demographic Crisis 2023-01-16T05:00:00Z The minister presented last week an ambitious plan to more than halve the government's estimated deficit this year by boosting tax revenue and trimming expenditures. Davos 2023 Brazil to reinforce fiscal, democratic and environmental commitments, says Haddad 2023-01-16T05:00:00Z Supporters argue Line 5 is critical to the state for the millions of dollars Enbridge pays in property, corporate and other tax revenues annually, and is vital to its energy needs. Why Michigan is trying to shut down Canada's Enbridge Line 5 pipeline 2023-01-14T05:00:00Z Mosleh reviewed how the two projects met Yakima County’s conditional use criteria, would serve a community need by providing renewable energy, and support the rural economy through tax revenue and lease payments to land owners. 2 proposed solar farms in Yakima County run into opposition 2023-01-13T05:00:00Z Water infrastructure has high maintenance costs, and nearly all of Measure W’s tax revenue could be consumed by upkeep at some point in the future, some analysts say. In a Drought, California is Watching Water Wash Out to Sea 2023-01-13T05:00:00Z They cannot be offset by tax revenue increases. Opinion | Whoops! The GOP accidentally admits tax cuts don’t pay for themselves. 2023-01-12T05:00:00Z Until very recently, the state treasury continually overflowed with tax revenue. Newsom is the luckiest California governor ever. But is his good fortune running out? 2023-01-12T05:00:00Z Some of the relative explosion in spending was hardwired into state law by voters through a ballot initiative called Proposition 98 — which increases education spending as tax revenues increase. Newsom budget includes naloxone for middle and high schools while largely avoiding cuts 2023-01-11T05:00:00Z Seattle City Hall, flush with tax revenues, is weighing whether to add even more to avert a self-created budgetary crisis. Seattle’s phony budget crisis no reason for more taxes 2023-01-10T05:00:00Z So far this year, California’s tax revenues have been $4.6 billion below expectations — not including some one-time corporate tax payments that state officials say they can’t count on. California governor projects $22.5 billion budget deficit 2023-01-10T05:00:00Z So far this year, California’s tax revenues have been $4.6 billion below expectations - not including some one-time corporate tax payments that state officials say they can’t count on. California governor to announce belt-tightening budget 2023-01-10T05:00:00Z But because of the economic downturn, general fund tax revenues are running nearly $30 billion short, resulting in a projected deficit of $22.5 billion. Newsom is the luckiest California governor ever. But is his good fortune running out? 2023-01-12T05:00:00Z Some of the steps have hit the Palestinians hard, such as withholding some $40 million in tax revenues and instead using the money to compensate Israeli victims of Palestinian violence. Israel’s Netanyahu races ahead with hard-line agenda 2023-01-09T05:00:00Z Rural areas have seen rapid depopulation as the young move away for opportunities in cities, leaving the localities dotted with empty homes and contending with dwindling tax revenue. Families are offered several million yen to move out of Tokyo 2023-01-07T05:00:00Z Local officials have a financial incentive to allow that development: State law caps increases in property taxes, so the best way to come up with new tax revenue is to permit new homes. Floods Show California’s Climate Dilemma: Fight the Water, or Pull Back? 2023-01-05T05:00:00Z The new facility would also increase tax revenue, as property taxes from Pacific Ag’s facility and any other future businesses would go to local governments. Biomethane plant proposed for Sunnyside, but not everyone is thrilled 2023-01-02T05:00:00Z He reduced some planned expenditures but offered a “trigger” mechanism that would restore the funding if tax revenues picked up. Newsom is the luckiest California governor ever. But is his good fortune running out? 2023-01-12T05:00:00Z Camacho also led weeks-long protests snarling trade from the region through last month, calling for the government to move up a census date that would likely give Santa Cruz more political representation and tax revenues. Bolivia protesters burn cars, clash with police after governor arrested 2022-12-31T05:00:00Z Downtown, the largest source of business tax revenues for Seattle, saw scores of street-level shops and restaurants close, especially on Third Avenue. Will Seattle ever reclaim its status as a vibrant ‘superstar city’? 2022-12-30T05:00:00Z The city is banking on new tax revenue from other development expected along the streetcar line to pay for the project. Warren Buffett jumps into local politics to fight streetcar 2022-12-29T05:00:00Z The census would likely result in Santa Cruz - which has long locked horns with highland political capital La Paz - securing more tax revenues and political power. Bolivia: Anger rises as opposition leader Camacho arrested 2022-12-28T05:00:00Z A new census would likely give the wealthy farming region more tax revenues and seats in Congress. Explainer: Who is Luis Fernando Camacho, the opposition leader arrested in Bolivia? 2022-12-29T05:00:00Z Denmark may cancel one of 11 public holidays in an effort to generate more tax revenue and increase spending on defense. Your Thursday Briefing: The U.S. Requires Covid Tests for Travelers From China 2022-12-28T05:00:00Z Sound Transit’s governing board already postponed some lines by two years so construction borrowing matches the yearly tax revenues. Feds give Sound Transit a cash advance for 2 light-rail projects 2022-12-28T05:00:00Z California imposes higher taxes on the wealthy than most states, leading to pendulum-type swings in tax revenues as the stock market rises and falls. States banking big bucks as Fed attempts to fight inflation 2022-12-27T05:00:00Z The economy has been projected to shrink about 40 percent this year, drying up tax revenue and indefinitely delaying previously planned spending that would have spurred growth. Ukraine’s difficulties on the bond markets leave it more reliant on foreign aid. 2022-12-27T05:00:00Z Like many states, Wisconsin enters the year with a projected $6.6 billion budget surplus , fueled by federal pandemic aid and stronger-than-anticipated tax revenue due in part to inflation. Wisconsin Republicans, Evers clash over tax cuts, schools 2022-12-26T05:00:00Z We reported on industry lobbying efforts, and states’ enthusiasm for the new form of tax revenue. Sports-Betting Apps Transform Clueless Spectators Into Rabid Fans. Trust Me. 2022-12-24T05:00:00Z It is projected to raise about $8 billion in additional tax revenue over a decade. New I.R.S. Rules for Online Sales Sow Fears About Surprise Tax Bills 2022-12-21T05:00:00Z A strong economy, with one of the lowest unemployment rates in the nation, pushed individual income, sales and corporate tax revenues higher than originally projected. States banking big bucks as Fed attempts to fight inflation 2022-12-27T05:00:00Z Others argue extra borrowing helps the economy grow faster - generating more tax revenue in the long run. From where does the government borrow billions? 2022-12-21T05:00:00Z Early proposals would have allowed the team to take a share of the state tax revenue generated by the site. Virginia could give Commanders stadium another look in Youngkin budget 2022-12-19T05:00:00Z The city’s chief economist, Ted Egan, has warned about a looming loss of tax revenue as vacancies pile up. What Comes Next for the Most Empty Downtown in America 2022-12-17T05:00:00Z For years, the Russian economy, and its tax revenues, relied on a huge exports of fossil fuels. Russia keeps its key interest rate steady amid worries of inflation. 2022-12-16T05:00:00Z Virginia finance officials expect the nation to fall into a recession in 2023, depressing the state’s tax revenues. States banking big bucks as Fed attempts to fight inflation 2022-12-27T05:00:00Z Sri Lanka said in October it aimed to nearly double its tax revenue to around 15% of gross domestic product by 2026 from 8.5% now - one essential step to unlock IMF funding. IMF not expected to discuss Sri Lanka before year-end -sources 2022-12-13T05:00:00Z The D.C. free-fare program is being funded by tax revenue that exceeded the city’s budget projections. Free buses are a money saver. Riders say they’re still too slow. 2022-12-10T05:00:00Z Developers have pledged to preserve historical artifacts and officials estimate the data centers would generate $400 million in annual tax revenue. Prince William homeowners sue to block data centers next to Manassas battlefield 2022-12-09T05:00:00Z Proponents touted the benefits of tax revenue and higher property values from cultivation licenses. Why legal weed is failing in one of California’s legendary pot-growing regions 2022-12-09T05:00:00Z One provision set aside 80 percent of tax revenue from sports betting to pay for a possible professional sports stadium in Kansas. State Officials Seek to Revisit Sports-Betting Arrangements 2022-12-08T05:00:00Z The program was to be funded by excess city tax revenue. D.C. votes to eliminate Metrobus fares in movement toward free transit 2022-12-06T05:00:00Z For years, pending an agreement, the tribes didn’t receive a dollar of the tax revenue generated at the shopping center. WA tribe says state failed to uphold sales-tax exemption 2022-12-06T05:00:00Z Qatar says it uses the tax revenue to improve health care, infrastructure, education and other public services. World Cup fans find booze at hotels, Qatar’s 1 liquor store 2022-12-05T05:00:00Z Florida cities and towns rely heavily on property tax revenues, which leaves state and local officials reluctant to reduce density or to encourage relocation. Population Growth Is Making Hurricanes More Expensive 2022-12-02T05:00:00Z The states have said that Mr. Biden’s proposal exceeds his executive authority and would deprive them of future tax revenue. Supreme Court to Hear Student Debt Forgiveness Case 2022-12-01T05:00:00Z But much of this money is one-time aid or based on tax revenues that state officials warn are not certain to persist at current levels. Covina-Valley school district teachers strike is averted with tentative agreement 2022-12-01T05:00:00Z But just five years later, the need for lost tax revenue prompted the city to invite Jews back. Ashkenazi Jews Have Become More Genetically Similar Over Time 2022-11-30T05:00:00Z The county depends on commercial properties to generate about half of its overall tax revenue. Consulting firm Technomics adding 150 jobs in Arlington in HQ expansion 2022-11-29T05:00:00Z When higher-income people move away, cities lose a valuable source of tax revenue. A work-from-home culture takes root in California 2022-11-29T05:00:00Z But Youngkin pointed out that Virginia is in an unusually good position to withstand the drop in tax revenue that could go along with a cooler economy. Youngkin warns of recession but vows to pursue tax cuts — cautiously 2022-11-25T05:00:00Z For the most part, school districts in California are flush with record funding due to COVID-19 relief aid and record state tax revenues. Covina-Valley school district teachers strike is averted with tentative agreement 2022-12-01T05:00:00Z The IMF said the resulting staff-level PMB agreement calls for Ukraine to implement policies and measures to boost tax revenues, revive the domestic bond market and contain monetary financing to limit inflation. IMF, Ukraine reach economic policy monitoring arrangement 2022-11-23T05:00:00Z During economic downturns, tax revenue generally falls because people and companies make less money, and so end up paying less in taxes. Opinion | The debt-ceiling time bomb is ticking faster than Congress realizes 2022-11-22T05:00:00Z Brown had the bad luck to take office as a recession was tightening its grip and tax revenues were dropping. Former Kentucky governor and businessman John Y. Brown dies 2022-11-22T05:00:00Z But Youngkin, a former private-equity executive who delights in discussing state finances, outlined several potential weaknesses that could affect tax revenue next year. Youngkin warns of recession but vows to pursue tax cuts — cautiously 2022-11-25T05:00:00Z Online sports betting started in that state in January 2021, and the American Gaming Association predicted that state legislators could expect to see more than $40 million a year in tax revenues. Gambling’s Spread 2022-11-21T05:00:00Z As in some other places, alcohol sales there provide a lucrative tax revenue source. EXPLAINER: Islam’s ban on alcohol and how it’s applied 2022-11-20T05:00:00Z The gambling industry used dubious data to push to legalize sports betting, in part by predicting states would be greeted by gushers of new tax revenue. Key Findings From The Times’ Investigation of Sports Betting 2022-11-20T05:00:00Z But with states hustling to attract sports-betting companies and the tax revenue they are expected to generate, some of that oversight has eased. Desperate for Growth, Aging Casino Company Embraced ‘Degenerate Gambler’ 2022-11-20T05:00:00Z Corporate profits are another major source of state tax revenue, and Youngkin said he expects those to be under pressure next year if the economy slows. Youngkin warns of recession but vows to pursue tax cuts — cautiously 2022-11-25T05:00:00Z That amount is half of all the state tax revenues on sports betting nationwide. Gambling’s Spread 2022-11-21T05:00:00Z The combination of limited resources and a desire to maximize gambling tax revenue has led to a shift in the ways that many regulators license gambling operators. Why States Were Unprepared for the Sports-Betting Onslaught 2022-11-20T05:00:00Z The American Gaming Association also issued projections of how much tax revenue each state could expect to collect if it legalized sports betting. Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous 2022-11-20T05:00:00Z Dozens of states, their officials salivating at the prospect of new tax revenue, rushed to comply. Desperate for Growth, Aging Casino Company Embraced ‘Degenerate Gambler’ 2022-11-20T05:00:00Z However, four additional positions that would’ve focused solely on the new source-of-income law were cut from the final budget because of concerns about the pandemic’s impact on tax revenue. California outlawed Section 8 housing discrimination. Why it still persists 2022-11-19T05:00:00Z But for states, the result was large shortfalls in expected tax revenues in places like Michigan and Virginia. Gambling’s Spread 2022-11-21T05:00:00Z The states have argued that Mr. Biden’s proposal exceeds his executive authority and would deprive them of future tax revenue. Justice Department Asks Supreme Court to Let Student Debt Cancellation Proceed 2022-11-18T05:00:00Z At least so far, many of the projections have turned out to be overly optimistic, according to a Times analysis of state tax revenue through this summer. Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous 2022-11-20T05:00:00Z Penn warned that more stringent requirements would needlessly slow down the rollout of sports betting in Arizona — and therefore delay the expected gusher of new gambling tax revenue. Desperate for Growth, Aging Casino Company Embraced ‘Degenerate Gambler’ 2022-11-20T05:00:00Z "The recent downturn in state tax revenues highlights the importance of having those funds set aside," Newsom spokesperson Alex Stack said. California stockpiles penalties from uninsured residents instead of lowering care costs 2022-11-18T05:00:00Z They have benefited from federal Covid-19 relief money and have seen higher tax revenue as their economies have rebounded from pandemic closings. Their Budgets Flush, Many States Are Sending Checks to Residents 2022-11-18T05:00:00Z A three-judge panel ruled that the states had standing to proceed because Mr. Biden’s plan “presents a threatened financial harm” to the states’ tax revenue and other income streams. Justice Department Asks Supreme Court to Let Student Debt Cancellation Proceed 2022-11-18T05:00:00Z The association’s consultants predicted, for example, that Virginia could expect to collect an extra $57 million a year in tax revenue if it legalized mobile sports betting and applied a 15 percent tax rate. Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous 2022-11-20T05:00:00Z A sickly office sector can hamper the recovery of cities that depend on the jobs and tax revenue that commercial buildings provide. Why Office Buildings Are Still in Trouble 2022-11-17T05:00:00Z It also was passed at a time of plunging tax revenue, the result of plummeting economic activity due to the pandemic. King County Council passes $16 billion budget, with investments in housing, environment 2022-11-15T05:00:00Z A Massachusetts law requires that tax revenue over the state’s annual tax revenue cap be returned to taxpayers, and a state audit determined that the cap was exceeded. Their Budgets Flush, Many States Are Sending Checks to Residents 2022-11-18T05:00:00Z But in a county with a median household income of more than $147,000, job creation and increased tax revenue from development are not as large a desire as they might be for other communities. 54 years later, Loudoun County prepares for the return of rail 2022-11-14T05:00:00Z One new provision would set aside most of the already reduced gambling tax revenue for a special purpose: the construction or renovation of a sports facility for one or more unidentified professional teams. Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous 2022-11-20T05:00:00Z New construction accounts for roughly a quarter of the city’s sales tax revenues. Seattle’s cooling real estate market widens budget shortfall 2022-11-14T05:00:00Z The states pursuing the lawsuit — Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina — have argued that Mr. Biden’s cancellation plan would deprive them of tax revenue. Appeals Court Blocks Biden’s Student Debt Cancellation Plan 2022-11-14T05:00:00Z Energy-rich states like West Virginia say such moves only hurt their economies and tax revenues, and they must thus sever ties. State Republicans flex their muscles for taking on ‘woke’ financial firms 2022-11-14T05:00:00Z Circuit Court of Appeals in St. Louis granted a preliminary injunction at the request of six Republican-led states that argued the program threatens future tax revenues and bucks Congress’ authority to cancel loans. Federal appeals court blocks Biden’s student debt program 2022-11-14T05:00:00Z “I didn’t think of the consequences,” Mr. Barker said when told of the meager tax revenue. Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous 2022-11-20T05:00:00Z Property tax revenue, by contrast, is more stable because of state law that limits annual property tax increases to 1%, except for voter-approved measures. Seattle’s cooling real estate market widens budget shortfall 2022-11-14T05:00:00Z Nominal GDP, unlike the real GDP measurement, factors in inflation and tends to be the major driver of tax revenue. Canadian province of Ontario cuts deficit forecast, braces for slowdown 2022-11-14T05:00:00Z Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina claim Biden's plan skirted congressional authority and threatens the states' future tax revenues and money earned by state entities that invest in or service student loans. U.S. court extends block on Biden's student loan forgiveness plan 2022-11-14T05:00:00Z Extra tax revenue will take more of the burden than was the case for the Osborne austerity years. The repair Budget to defuse a financial timebomb 2022-11-13T05:00:00Z |
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