where does the money from the gas tax go
Travis Allen


qualify for the ballot as Proposition 6. According to PolitiFact, some of Allen's statements about the gas tax have been incorrect and problematic, which he disputes. According to Allen, the tax (SB1) allocates money to "transportation-related projects", which he considers to be a vague description of where the funding could be spent and makes the point repeatedly during many of his public appearances. He alleges that the money will be spent on Democratic "budgetary mistakes". PolitiFact does agree with Allen's point that
19478968
Natascha Engel


was quoted in her resignation as saying that "The UK is currently spending £7bn a year on importing gas – money that is not being used to build schools, hospitals or fix the potholes in our roads", despite the fact that the British Government does not itself procure gas, given that the energy industry was privatised several decades before. It is of course the case that any UK oil or gas production is taxed by the government, and that such production improves both our balance of trade, by supplanting some gas
4060519
Carbon tax


the country's first carbon tax was introduced. The new tax was levied at €15 per tonne of CO emissions (approx. US$20 per tonne). The carbon tax applies to kerosene, marked gas oil, liquid petroleum gas, fuel oil, and natural gas. The Natural Gas Carbon Tax does not apply to electricity because the cost of electricity is already included in pricing under the Single Electricity Market (SEM). Similarly, natural gas users are exempt from the tax if they can prove they are using the
4550464
European Union withholding tax


income from bond funds, money market funds, loans, and mortgages. Certain anti-avoidance measures exist, for example, to levy the tax where interest has been converted to some form of capital gain. Typically this would apply where, for example, a zero coupon bond has been bought and sold at a profit, or where a bond fund, or a money-market fund, does not pay out its interest and the fund is subsequently sold at a profit. The rules define how much of the fund's
17401075
Friedman rule


of money. It has been shown to be optimal in monetary economies with monopolistic competition (Ireland, 1996) and, under certain circumstances, in a variety of monetary economies where the government levies other distorting taxes. However, there do exist several notable cases where deviation from the Friedman rule becomes optimal. These include economies with decreasing returns to scale; economies with imperfect competition where the government does not either fully tax monopoly profits or set the tax equal to the labor income tax; economies with tax evasion; economies with sticky
12006188
Oil and gas industry in the United Kingdom


(2008 money) in tax revenues over the last forty years. In 2008, tax rates on UKCS production ranged from 50-75%, depending on the field. The industry paid £12.9 billion in corporate taxes in 2008-9, the largest since the mid-1980s, because of high oil and gas prices. This represented 28% of total corporation tax paid in the UK. It is expected that tax revenues from production will fall to £6.9 billion in 2009-10 based on an oil price of $47
7047953
Transportation in Seattle


variable fee). There are 225 lane miles of HOV lanes built and another 100 unbuilt. Freeway improvements are paid for by two gas taxes, 2003 Gas Tax and 2005 Gas Tax. This is Seattle's largest and widest freeway. Traffic back-ups going into Seattle from the north and south are very common during the morning and evening rush hours. The freeway runs just east of Downtown Tacoma as it goes through the metro area. After going through Federal Way and the west side of Kent it passes by a major
18706594
John R. Bennett


against a proposal to increase taxes on oil and gas producers, "No one wants their taxes raised, but the agencies getting the money are telling our constituents, 'Hey, the sky is falling,'" Bennett said during the debate. "And the agencies (are) telling our citizens they're going to cut their services to the most vulnerable. "That's terrorism. We should not be negotiating with terrorists, period. These agencies are using our citizens as pawns. It's not right, and somebody
11448123
1978 California Proposition 13


it requires a two-thirds majority in both legislative houses for future increases of any state tax rates or amounts of revenue collected, including income tax rates. It also requires a two-thirds vote majority in local elections for local governments wishing to increase special taxes. (A "special tax" is a tax devoted specifically to a purpose: e.g. homelessness or road repair; money that does not go into a general fund.) Proposition 13 received an enormous amount of publicity, not only in California, but throughout the
20048161
Economy of California


-appropriate some of the gas and diesel tax money from road maintenance to other areas of the state budget which was in deficit. Since they re-purposed much of the state and federal fuel taxes there are now complaints that there is not enough money in the transportation funds to do all the required highway upgrades and maintenance. Cigarette excise taxes in California are $2.87/pack. The federal excise tax on cigarettes is an additional $1.01 making the total excise taxes on a package of cigarettes $2.88/pack. Because
9446897
Presidential election campaign fund checkoff


Requirements to be declared eligible include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records and permitting an extensive campaign audit. Checking the box does not change the amount of an individual's tax or refund. $3 of your tax money is then designated to go to this fund rather than the regular pool. The amount of the money in this pool is determined by how many people check the box. The federal government will
21649247
Hypothecated tax


groups based on the main characteristics. The emphasis can be put on the final use of the revenues, on the vastness of the area financed from the money earned or on the type of the tax. Each group then has two subsections. In the first case, we distinguish between strong and weak hypothecation. Strong hypothecation means that the revenues from the tax go only to financing the particular service and the service is financed only through the revenues from this tax. Strong hypothecation is thought to be appropriate for pure public goods where
4928015
Fiscal localism


not give the local government enough funds to function and operate effectively. These taxes are separate from state and federal taxes and are not set at the state or federal level. Increasing local taxes allows a community to reinvest revenue generated from the taxes into public institutions or programs that help the local community. Residents are able to physically see and experience where their tax money is going and how it improves their lives. Modern banks have become monolithic institutions with thousands of branches in their respective countries of service. This globalization of banking institutions
6554278
List of historical acts of tax resistance


for the metro and buses..." one said. "They're taking that money and bringing tools to repress us. They bring bird shot, and tear gas, poison gas even." Businesses in Madagascar refused to submit taxes to the government, depositing the money in an escrow account instead. The businesses, which represent a large percentage of the country's tax base, were reacting to a crisis of stability and perceived legitimacy in the government. According to the chair of the Madagascar's Enterprises Union, "We no
10141195
Buddy (Hinton novel)


often picked on at school for being poor. He lives at home with his parents. It all starts when Buddy wants some money to go on a school trip, but he knows that he is unlikely to go as he was unable to go on previous school trips because his parents do not have the money. When his mother tells him she does not have any money to give him, Buddy ends up stealing the money from her purse. His mother soon finds the money missing and asks Buddy where the money is.
20153890
Corner Gas


tagline, it is from nowhere, but still within a relatively short drive to "The City," where characters are often shown going to shop or attend "support meetings," in the case of Davis and Lacey. The rival town of Wullerton is 'just down the road.' It is stated in the episode "Tax Man" that Corner Gas is the only gas station for in any direction. Series creator Brent Butt has said the town lies somewhere between Regina and Saskatoon; these two cities are apart,
4531908
Montana Department of Transportation


to highway systems, and resolving outdoor advertising issues. The Aeronautics Board has authority over airport loan and grant funds and advises the rest of the department. The next level of the department is divided into five districts serving different areas of the state: The department also contains the following divisions: The Department does not receive any funding from the state's general fund. All revenue comes from federal sources and state sources including the gas tax and vehicle fees. This is split as 88.5% federal and 11.5% state. The money
20153762
Michigan Ballot Proposal 2015-1


Michigan Transportation Fund (MTF); the remaining money would be used to pay down a portion of the state's debt from previous road construction projects. For the 2016–17 fiscal year, $800 million of the $1.2 billion would go to the MTF, and starting in the 2017–18 fiscal year, nearly all of the projected $1.35 billion in fuel tax revenue would go to the MTF. "However, the language in the bill does not earmark a portion of the additional revenue resulting from the bill, but a portion
17414571
State tax levels in the United States


far lower than the table would indicate. The state has no direct personal income tax and does not collect a sales tax at the state level, although it allows local governments to collect their own sales taxes. Alaska collects most of its revenue from corporate taxes on the oil and gas industry. Note also that this table does not take into consideration the taxing and spending of local governments within states, which can vary widely, and sometimes disproportionately with state tax burdens. This data is collected by the United States Census Bureau for
5760656
Political positions of Ron Paul


of money from the government to a company. Paul voted on multiple occasions in 2007—2012 to block measures that would have eliminated or reduced tax breaks for oil and gas producers. For example, in January 2007, he voted against the Energy Independence and Security Act, which supporters said would have rescinded $14 billion in tax breaks for oil and gas drillers. In February 2008, he voted against the Renewable Energy and Energy Conservation Tax Act, which supporters said would have eliminated $18 billion in tax benefits for oil companies and
10807732
Danville Area School District


gas and oil pipelines are exempted from property taxes. Unlike other states, under Pennsylvania state tax policy, natural gas and oil pipelines are exempted from property taxes. Pipeline companies prohibit development within the 100-foot-wide right-of-way, there by limiting future development options for the landowner. This limits future potential property tax revenues for the school district, by constraining future land development. When a Pennsylvania public school district includes municipalities in two counties, as Danville Area does, each county of which has different rates of property
4687303
Business Energy Investment Tax Credit


the U.S. Department of Energy (DOE). The tax credits were expanded by the American Recovery and Reinvestment Act of 2009 and most components will last until December 31, 2016. The history of federal energy tax policy can be divided into four eras: the oil and gas period from 1916 to 1970, the energy crisis period of the 1970s, the free market era of the Reagan Administration, and the post-Reagan era. The United States federal energy tax policy historically focused on the increased production of oil and natural gas
19472192
Income tax in the United States


that Congress could properly impose the federal income tax on a receipt of money, regardless of what that receipt of money is called: It could well be argued that the tax involved here [an income tax] is an "excise tax" based upon the receipt of money by the taxpayer. It certainly is not a tax on property and it certainly is not a capitation tax; therefore, it need not be apportioned. ... Congress has the power to impose taxes generally, and if the particular imposition does not run afoul
2290279
Wyoming


in fiscal year 2007 collected $2.242 billion in taxes, levies, and royalties from the oil and gas industry. The state's mineral industry, including oil, gas, trona, and coal provided $1.3 billion in property taxes from 2006 mineral production. Wyoming receives more federal tax dollars per capita in aid than any other state except Alaska. The federal aid per capita in Wyoming is more than double the United States average. As of 2016, Wyoming does not require the beneficial owners of LLCs to be disclosed in the
14830628
Economic secession


where a person acts on behalf of the individual or trust. Cheating the system by wiring money through multiple payments below the $10,000 reportable amount is another way to go unnoticed. Some tax evaders take out credit cards with an identity connected to an offshore company. Moving money around by opening a bank account in a location that is not connect to where they trust is registered is another way to stay anonymous. Because secessionists do not pay taxes they withdraw themselves not only financially, but socially. If you want to be able
14040302
Shale gas in the United States


Gas Research Institute and the Eastern Gas Shales Project had increased gas production in the southern Appalachian Basin and the Michigan Basin, in the late 1990s shale gas was still widely seen as marginal to uneconomic without tax credits, and shale gas provided only 1.6% of US gas production in 2000, when the federal tax credits expired. The Eastern Gas Shales Project had tested a wide range of stimulation methods, but the DOE concluded that stimulation alone could not make the eastern gas shales economic. The US Geological Survey in 1995 noted that
878438
Gas-guzzler


Economy (CAFE) standards were introduced. The Gas Guzzler Tax applies only to vehicles classified as cars, as opposed to light trucks. Since 1991, cars with a combined fuel economy rating under have been subject to the tax. Light trucks, which includes virtually all sport-utility vehicles, pickup trucks and vans, are not subject to the tax. The primary criticism of the tax is that it does not apply to light trucks. As a result, relatively few vehicles are subject to the tax. When the tax
5264779
Church tax


of tax avoidance. In addition to personal taxation, the state divides some of the money collected by taxing private companies to the two state churches. It does not matter if company is owned by church members or non-members. It has been argued that the churches use this money to upkeep cemeteries, to which they are obligated by law. About 70% of church revenues come from "church tax" (Kirchensteuer), also called "worship tax" (Kultussteuer) when referring to non-Christian religious bodies such
4324890
Church tax


. In a recent development, the Swedish government has agreed to continue collecting from individual taxpayers the annual payment that has always gone to the church. But now the fee will be an optional checkoff box on the tax return. The government will allocate the money collected to Catholic, Muslim, Jewish and other faiths as well as the Lutherans, with each taxpayer directing where his or her taxes should go. There is no official state church in Switzerland. However, each the 26 cantons (states) financially supports at least one
4324905
List of confidence tricks


already fallen for the essential con by believing that the money is there to steal (see also Black money scam). Note that the classic Spanish Prisoner trick also contains an element of the romance scam (see below). Many con men employ extra tricks to keep the victim from going to the police. A common ploy of investment scammers is to encourage a mark to use money concealed from tax authorities. The mark cannot go to the authorities without revealing that he has committed tax fraud. Many swindles involve a minor
10829792
Fulton County, Georgia


will not fund, there is no money to expand the system. Sales taxes now go entirely to operating, maintaining, and refurbishing the system. Xpress GA/ RTA provides commuter bus service from the outer suburbs of Fulton County, the city of Sandy Springs to Midtown and Downtown Atlanta. Hartsfield-Jackson Atlanta International Airport straddles the border with Clayton County to the south and is the busiest airport in the world. The Fulton County Airport, often called Charlie Brown Field after politician Charles M. Brown, is located just west-southwest
11558502
J. B. Pritzker


Fuel taxes will be indexed to inflation. Vehicle registration fees will go up by $50. The state's bonding authority will increase from $22.6 billion to $60.8 billion. Gambling will be legalized, and the newly licensed casinos are expected to create thousands of jobs and deliver hundreds of millions of dollars in tax revenue for construction projects. Municipalities of Cook County may raise their own gas taxes by up to three cents per gallon. However, the Mayor of Chicago Lori Lightfoot said she opposed raising the gas tax in her
10965623
Tennessee Department of Transportation


of dollars collected from gas and diesel tax revenues, titling and registration fees. Tennessee operates on a "pay as you go" system by using available revenues resulting in no debt service. Tennessee is one of three states in the nation that does not finance transportation through bonding. As a result, many of Tennessee's interstate highways have not been widened to sustain traffic capacity, and TDOT has been criticized for this reason. In October 2016, TDOT removed the Lindsay X-LITE guardrail endcap from its list of approved devices
14736885
Education in Alberta


The relevant legislation requires that all the money raised by this property tax must go to the support of K–12 education provided by school authorities. The provincial government pools the property tax funds from across the province and distributes them, according to a formula, to public and separate school jurisdictions and Francophone authorities. In addition to the property tax collected, the provincial government allocates money, each year, from the General Revenue Fund, for the support of K–12 public and separate school education. In the case of the money drawn from the
14599413
2014 Romanian presidential election


that Victor Ponta "bribes the electorate" and "makes electoral alms from borrowed money". In a press conference critical to Victor Ponta and Klaus Iohannis, Băsescu mentioned the figure of 4.8 billion euros, money that would go towards electoral alms and will be paid by the population. During a large meeting in Iași, Klaus Iohannis mentioned that Ponta's figure is on each pole and tree, asking rhetorically where the money for his campaign came from. He also stated that every Romanian pays Ponta's campaign from the taxes and
19871977
Canada Revenue Agency


HST is governed by Excise Tax Act. CRA does not collect provincial taxes, such as sales tax and gas tax, or municipal taxes, such as property tax. CRA does have agreements with some province to collect outstanding debts for provincial programs. For example, CRA could use personal income tax refund to offset outstanding debts to BC medical program if so requested by the Province of BC. The Canada Revenue Agency collects most individual income taxes in Canada. Quebec residents must file their income taxes to both the CRA and Revenu Québec
1505164
Supercritical drying


the phase diagram. In freeze-drying, this means going around to the left (low temperature, low pressure; blue arrow). However, some structures are disrupted even by the solid–gas boundary. Supercritical drying, on the other hand, goes around the line to the right, on the high-temperature, high-pressure side (red arrow). This route from liquid to gas does not cross any phase boundary, instead passing through the supercritical region, where the distinction between gas and liquid ceases
10198178
Siberian Republic


Siberian Republic is the idea that Siberia should be an independent republic. The argument for an independent republic is that Siberia makes up 77% of Russian territory (13.1 million square kilometers) and includes 40 million people. Western Siberia has rich oil and gas reserves, but the taxes go directly to Moscow. Getting extraction companies to pay taxes in the regions where they operate would benefit Siberia. The argument against self-determination is that Siberia is sparsely populated and needs the Russian Federation to keep it from falling to foreign invaders.
15938482
Tax resistance


school programs, arts and cultural programs, community gardens, programs for Native Americans, alternatives to incarceration, and environmental protection programs. She said: I actually take the money that the IRS says goes to them and I give it to the places where our taxes "should" be going. And in my letter to the IRS I said: "I'm not refusing to pay my taxes. I'm actually paying them but I'm paying them where they belong because you refuse to do so." Groups like the
8742624
Tax pooling


profit. If a taxpayer does not pay enough provisional tax, it may be charged IRD interest (also known as use of money interest). On the other hand, if it pays too much provisional tax, it may receive an interest credit. The use of money interest rate for underpayments is higher than that applying to overpayments. In some cases, the underpayment rate is higher than a taxpayer's borrowing rate. Both overpaid and underpaid provisional tax have financial consequences. Overpaid provisional tax results in money that a taxpayer could
21314596
Wyoming


educational, charitable, fraternal, benevolent and government purposes and improvements for handicapped access. Mine lands, underground mining equipment, and oil and gas extraction equipment are exempt from property tax but companies must pay a gross products tax on minerals and a severance tax on mineral production. Wyoming does not collect inheritance taxes. There is limited estate tax related to federal estate tax collection. In 2008, the Tax Foundation ranked Wyoming as having the single most "business friendly" tax climate of all 50 states. Wyoming state and local governments
14830627
Lydia Loveless


, and looking into what life is like for a band at her level in the music industry. "I also wanted to look at stuff we normally don’t see a lot of. What are the finances for a band like this? Where does the money go? Who gets the money? Is Spotify good? Is Spotify bad? How does piracy affect you? What about the fans? I really wanted to go into all of that for a band that can still sell out 200-250 seat venues and bars
1947252
Back to Work Coalition


includes pipelines carrying crude oil, natural gas and refined products. An economic impact study conducted by Dr. Loren Scott shows that the total direct and indirect impact on the state is approximately $65 billion. The direct impact comes from the taxes, royalties, fees, salaries, and other money spent in Louisiana by the oil and gas industry. The indirect impact results from the salaries and wages earned by oil and gas employees being spent in the state as well as service companies, which do business with oil and gas companies and
14389410
Motor fuel taxes in Canada


as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes. Collectively, the provincial governments collect approximately $8 billion per year from excise taxes on gasoline and diesel. The federal taxes go into general coffers and help to fund a range of programs: $2 billion of the approximately $5 billion collected from federal excise taxes goes into the now permanent annual Gas Tax Fund for municipal infrastructure.
6856551
Monetary policy of the United States


Assuming a closed economy, where foreign capital or trade does not affect the money supply, when money supply increases, interest rates go down. Businesses and consumers have a lower cost of capital and can increase spending and capital improvement projects. This encourages short-term growth. Conversely, when the money supply falls, interest rates go up, increasing the cost of capital and leading to more conservative spending and investment. The Federal reserve increases interest rates to combat Inflation. A United States Treasury security is an IOU from the US
3598485
Chapters (film)


and final chapter, we see an anxious lady, Annie (Lena) waiting by her son's bedside in the hospital awaiting her husband's (Sreenivasan) arrival. She is astonished when he arrives with the money, but refrains from taxing him with further questions. She does manage to convince him however that the money that he has brought in should better be left where it truly belongs. The final scenes explain how the different chapters are interlinked. Though some of the characters never meet, there is a link that connects
15107217
Income tax in Australia


under 18 years of age are taxed differently from adults. This rate does not apply to "excepted" income, which includes employment income and inheritances. Financial year 2018-19 The Medicare levy does not apply to non-residents, and a non-resident is not entitled to the low income tax offset. For prior tax years, see . Income tax on wages is collected by means of a withholding tax system known as Pay-as-you-go (PAYG). For employees with only a single job
7243265
Washington (state)


from tax. Personal property tax applies to personal property used when conducting business, or to other personal property not exempt by law. All property taxes are paid to the county treasurer's office where the property is located. Washington does not impose a tax on intangible assets such as bank accounts, stocks, or bonds. Neither does the state assess any tax on retirement income earned and received from another state. Washington does not collect inheritance taxes; however, the estate tax is de-coupled from the federal estate tax laws
2365227
Highway Trust Fund


. In 1990 the gas tax was increased by President George H. W. Bush with the Omnibus Budget Reconciliation Act of 1990 to 14 cents—with 2.5 cents of the increase going to the Highway Fund and the other 2.5 cents going towards deficit reduction. In 1993 President Clinton increased the gas tax to 18.4 cents with the Omnibus Budget Reconciliation Act of 1993 with all of the increase going towards deficit reduction. The Taxpayer Relief Act of 1997 redirected the 1993 increase to the Fund. During 2008 the fund required support of $8 billion
16809205
A Northern Light


and one to Weaver's mother. To her father, she leaves two dollars and a promise that she will keep in touch. To Royal she leaves the ring that he gave to her when he proposed. Finally, to Weaver's mother she leaves just enough money to pay off Emmie's taxes. She also gives Weaver money for a train ticket to college. As her closest friend, Weaver does not want her to leave but he understands that she is going to make a better life for herself. Though she feels
12165053
Carbon pricing in Australia


BlueScope and $70 M to OneSteel. Because the Australian carbon tax does not apply to all fossil fuels usage, it only had an effect on some of the emitters of greenhouse gases. Among those emitters to which it applied, emissions were significantly lower after introduction of the tax. According to the Investor Group on Climate Change, emissions from companies subject to the tax went down 7% with the introduction of the tax, and the tax was "the major contributor" to this reduction. Australia’s total greenhouse gas emissions
5389044
ConocoPhillips Alaska


they are a highly valued class of corporate taxpayers who sometimes portray themselves as carrying too much of the state's tax burden. Alaska is one of the few states that does not have a statewide sales tax or income tax, instead relying heavily on revenue from leasing land for energy development and taxing profits on extracted resources such as oil and gas. Conoco Phillips Alaska asked the Alaska legislature in 2010 to reconsider some provisions of the law known as the "Alaska's Clear and Equitable Share", which sets a baseline tax of
9590957
Capital gains tax


the realization of capital gains and wait until a subsequent regime lowers the capital gains tax rate.″" How does the situation with imposed capital tax influence other aspects of economy? The international capital market that has hugely developed in the past few decades (in the 2nd half of the 20th century) is helping countries to deal with some gaps between investments and savings. Funds for borrowing money from abroad are helping to decrease the difference between domestic savings and domestic investments. Borrowing money from foreigners is rising when the capital that flows to another
20669217
Tax protester statutory arguments


a voluntary tax - i.e., the purchaser of the product does not compute the tax or file the related tax return. The store at which he or she bought the product computes the sales tax, charges the customer, collects the tax from him at the time of sale, prepares and files a monthly or quarterly sales tax return and remits the money to the taxing authority. In "Flora", the Court used the word "voluntary" in opposition to the word "distraint." Distraint is a legal term used
22132959
Joker's Millions


then receives a visit from the IRS, which has assessed an inheritance tax based on the total amount of the supposed fortune. The Joker is torn between reporting the inheritance money as counterfeit in order to avoid the tax liability (thus becoming a laughing stock in the Gotham City underworld for admitting that Barlowe had tricked him), going to jail for tax evasion, or returning to crime in order to accumulate tax money. The Joker chooses the third option, yet he decides to commit normal, un-Jokerish crimes as secretly
1979906
Comparison of the healthcare systems in Canada and the United States


, where in 2005 the Supreme Court of Canada ruled that the province of Quebec could not prohibit its citizens from purchasing covered services through private health insurance. The institute has urged the Congress to restore the right of American seniors to spend their own money on medical care. The Canada Health Act covers the services of psychiatrists, who are medical doctors with additional training in psychiatry but does not cover treatment by a psychologist or psychotherapist unless the practitioner is also a medical doctor. Goods and Services Tax or Harmonized Sales Tax (depending on
8624288
Vermont


buyer pays the use tax when the seller fails to collect the sales tax or the items are purchased from a source where no tax is collected. The use tax applies to items taxable under the sales tax. Vermont does not collect inheritance taxes, but does impose a state estate tax; a Vermont estate tax return must be filed if the estate must file a federal estate tax return (the requirement for which depends on federal law). Vermont does not collect a state gift tax. Property taxes are levied by municipalities for
14164869
Luxury tax (sports)


if they were taxpayers in at least three of the four previous seasons. The table of rates is shown below. The resulting total is then distributed to the remaining teams that are under the tax threshold. There was no luxury tax implemented in the 2004-2005 season due to insufficient basketball-related income. Although exceeding the luxury tax threshold costs a team twice as much money, it does not seem to limit teams' willingness to spend big money on players. The Canadian Football League has a luxury tax. Penalties for
6351274
Demand shock


can originate from changes in things such as tax rates, money supply, and government spending. For example, taxpayers owe the government less money after a tax cut, thereby freeing up more money available for personal spending. When the taxpayers use the money to purchase goods and services, their prices go up. In the midst of a poor economic situation in the United Kingdom in November 2002, the Bank of England's deputy governor, Mervyn King, warned that the domestic economy was sufficiently imbalanced that it ran the risk of
2422378
Dragonworld


. They grow up together as 15 years go by. One day after the years go by, documentary filmmaker Bob Armstrong, his daughter Beth, and his pilot Brownie McGee stumble upon Yowler. Eager for fame and money, Bob convinces John to "rent" Yowler to local corrupt businessperson, Lester McIntyre. John, who is coerced in part by the offer to have the mounting taxes on the castle paid off, allows Lester to take Yowler in. He does so also partly because of his growing interest in Beth.
20010946
Property Tax Circuit Breaker


being overloaded with tax burden. Like all tax refunds, these programs require low income households to pay the entire property tax up-front then a credit or refund is given during the income tax processing. A popular feature of the property tax circuit breaker is that rather than limiting the amount of money someone pays in property taxes, relief is given after the property taxes are paid. This is done so that the locality who is in charge of levying the taxes and utilizing the revenue does not see a decrease in revenue from
18893810
Kim Chiu


, 2013, noting the amount of tax celebrities like herself pay to the government: "The money isn't a joke [...] we pay so much tax and we don't know where it's going." The Bureau of Internal Revenue confirmed Chiu as 131st top taxpayer in the country with ₱9.3M in income taxes in 2013. In 2015, Chiu passed the UPCAT and enrolled in University of the Philippines's UPOU program for business courses. Gwa Ai Dibr • Crazy Lovebr • Gwa Ai Dibr • Tryingbr • Peng
5166152
Welsh Rates of Income Tax


UK income tax rates after 10p in the pound has been deducted from each rate. The reduction in the three rates of income tax by the UK government will reduce the amount of tax paid to the HM Treasury. If the Welsh rates of income tax are set at less than 10p, the UK Government will recover the money it does not collect from Wales by reducing Wales’ block grant.. WRIT rates for the 2019-20 year have been left at 10p, so income tax in Wales will be the same as those
15234601
1996 Oregon Ballot Measure 44


of the money from the tobacco tax would go towards programs to prevent tobacco use and educate people about the harmful effects of tobacco, primarily aimed at children. Measure 44 became highly politicized on both sides. Prior to Measure 44 being brought to the ballot there was a permanent and a temporary cigarette tax in Oregon. The temporary tax added 10 cents per pack of cigarettes, that money went to the Oregon Health Plan, but the temporary tax was set to expire on December 31, 1997. Measure 44 would replace this temporary
7821774
Bill Wielechowski


of Revenue; relating to appropriations from taxes paid under the Alaska Net Income Tax Act; providing a tax credit against the corporation income tax for qualified oil and gas service industry expenditures; relating to the oil and gas production tax rate; relating to gas used in the state; relating to monthly installment payments of the oil and gas production tax; relating to oil and gas production tax credits for certain losses and expenditures; relating to oil and gas production tax credit certificates; relating to nontransferable tax credits based on production; relating
7891425
Carolina Southern Railroad


gas pipelines from North Carolina into South Carolina. On October 6, 2014, Columbus County approved $1.8 million in incentives for the rail line over a 10-year period. The next day Horry County Council approved $1.8 million in tax incentives but did not say where the money would come from. Lazarus said that while the rail line ran through Marion County, they were not financially involved in the project. R.J. Corman Railroad Co. filed papers with the U.S. Surface Transportation Board in January 2015 indicating completion of a sale of all but
21324441
Mekere Morauta


that policy . This became an urgent concern in the LNG/PNG gas project. Government was facing a cash call, but it had no money. Therefore, he financed the acquisition of equity in LNG/PNG through a loan from the International Petroleum Investment Corporation (IPIC) in Abu Dhabi. Government income therefore became dependent upon profit and a change in taxation led to more dependence upon profit instead of income or output. Arthur Somare only maintained corporation tax -a tax on profits-and waived income tax, GST and withholding
14834948
Constitution Avenue


of the first to be installed in downtown D.C.) were placed at these intersections. The intersection opened on August 17, 1933. The lack of uniform width along Constitution Avenue proved problematic. With little fanfare, the city began widening the entire roadway to . In September 1933, the city received the first disbursement of revenue from the federal gasoline tax. This tax was imposed in the Revenue Act of June 1932. The city used $30,494 in PWA grant money and $45,741 in federal gas tax revenue to widen Constitution Avenue
19361530
Andy Dawkins


and they’re not going to let you be the tax chair'. I was told that I'm not going to be the tax chair unless I can get these big lobbyists to support me to be the tax chair. Minnesota's no different than Washington; big money runs our country on every level these days. Who gets to run, who gets elected, what gets enacted, who gets served by what gets enacted is all ruled by big money these days. I would get the million dollars once in a while
8163972
Conscientious objection to military taxation


, and the likely result of that is more money for the military. The "Religious Freedom Peace Tax Fund Act" in the United States, for instance, would give the government more tax revenue and would not change how much or how high a percentage of this money was spent on the military. The analogy to conscientious objection is flawed, these critics say: A conscientious objector to military service does not take up arms and kill. Perhaps somebody else is drafted to do so instead, but the conscientious objector does not
5128078
American Council for Capital Formation


technological innovation and technology transfer to developing countries where greenhouse gas emissions growth is most rapid." While the ACCF is skeptical of climate policies and regulations that impose significant costs on the U.S. economy, the Council does not reject climate-related science. ACCF economist Margo Thorning supported the Energy Tax Prevention Act in 2011 and 2012. This bill would have reversed a Supreme Court ruling that the Environmental Protection Agency has authority to regulate greenhouse gas emissions. In Congressional testimony, Thorning stated that the regulation of greenhouse gases "makes little economic
5839459
Shale gas


the first successful air-drilled multi-fracture horizontal well in shale in 1986. The federal government further incentivized drilling in shale via the Section 29 tax credit for unconventional gas from 1980–2000. Microseismic imaging, a crucial input to both hydraulic fracturing in shale and offshore oil drilling, originated from coalbeds research at Sandia National Laboratories. The DOE program also applied two technologies that had been developed previously by industry, massive hydraulic fracturing and horizontal drilling, to shale gas formations, which led to microseismic imaging. Although the Eastern Gas Shales
6337576
Tax noncompliance


month, up to a maximum of 25%. In cases where a taxpayer does not have enough money to pay the entire tax bill, the IRS can work out a payment plan with taxpayers, or enter into a collection alternative such as a partial payment Installment Agreement, an Offer in Compromise, placement into hardship or "currently non-collectable" status or file bankruptcy. For years for which no return has been filed, there is no statute of limitations on civil actions – that is, on how long the IRS
13979828
39th G8 summit


to obtain this information. Going forward, corporate and individual tax information will be shared automatically to help detect tax fraud and evasion. The Organisation for Economic Co-operation and Development was assigned to gather data on how multinationals evade taxes. The G8 nations agreed that oil, gas, and mining companies should report payments from the government, and likewise that the government should report the resources they obtain. The measure was aimed at helping developing countries collect taxes from first-world companies operating in their territories. A declaration to stop
11227191
Bennett buggy


. During the boom years of the 1920s, many Canadians had bought cheap vehicles for the first time, but during the depression, many found they did not have enough money to operate them. This was especially true in the hard-hit Prairie Provinces. The increased poverty played an important role, as farmers could not buy gasoline. The price of gas also increased. Gas taxes were also one of the best sources of revenue for the provincial governments. When these provinces went into a deficit, they increased these taxes,
11720776
Mobile source air pollution


emissions from various mobile sources. Perhaps one of the most well known is the gas guzzler tax, established by the Energy Tax Act of 1978. The act set minimum fuel economy standards for all new cars sold in the United States. The tax is levied against manufacturers of new "cars" that fail to meet the minimum fuel economy level of 22.5 miles per gallon. The tax does not apply to minivans, sport utility vehicles, or pick-up trucks, as these made up a small portion of the US fleet
678464
Ibn Jubayr


mausoleum built over a grave, nor hospital, nor theological college, where the bounty of the Sultan does not extend to all who seek shelter or live in them." He points out that when the Nile does not flood enough, Saladin remits the land tax from the farmers. He also says that "such is his (Salahuddin's) justice, and the safety he has brought to his high-roads that men in his lands can go about their affairs by night and from its darkness apprehend no awe that should
14280013
Sugary drink tax


the money would go towards health care. A Thompson Reuters poll released in the same month found that 51 percent of Americans opposed a soda tax, while 33 percent supported one. Fighting the creation of soft drink taxes, the American Beverage Association, the largest U.S. trade organization for soft drink bottlers, has spent considerable money lobbying Congress. The Association's annual lobbying spending rose from about $391,000 to more than $690,000 from 2003 to 2008. And, in the 2010 election cycle, its lobbying grew to $8.67 million
6130054
Paper wealth


the real economy; this is known as "asset price inflation or deflation" (a change in the aggregate (nominal) level of prices without corresponding real change). Thus, paper wealth does not "come from" or "go to" anywhere – the prices just go up or down. "It's a common misunderstanding to ask, 'where did the money go'?" which is particularly asked in the case of a stock market crash or in the bursting of a price bubble. This has more
15213034
Carbon tax


a fee, charge or tax for every tonne of greenhouse gas released into the atmosphere while an energy tax is charged directly on the energy commodities. In terms of climate change mitigation, a carbon tax, which is levied according to the carbon content of fuels, is not a perfect substitute for a tax on emissions. For example, a carbon tax encourages reduced use of hydrocarbon fuels, but it does not provide an incentive to mitigate or improve mitigation technologies, e.g. carbon capture and storage. Energy taxes increase the price of
4550420
Compressed natural gas


sections of Suffolk County. The City of Harrisburg, Pennsylvania has switched some of the city's vehicles to compressed natural gas in an effort to save money on fuel costs. Trucks used by the city's street and water, sewer and gas departments have been converted from gasoline to CNG. Personal use of CNG is a small niche market currently, though with current tax incentives and a growing number of public fueling stations available, it is experiencing unprecedented growth. The state of Utah offers a subsidised statewide network of CNG filling stations
14760916
Construction of Arlington Memorial Bridge


million grant made by the PWA in July 1933. In September 1933, the city received the first disbursement of revenue from the federal gasoline tax. This tax was imposed in the Revenue Act of June 1932. The city used $30,494 in PWA grant money and $45,741 in federal gas tax revenue to widen Constitution Avenue to the full width between North Capitol Street and 2d Street NW. This project began in late September 1933. The first public concert was held at the Lincoln Memorial watergate on July 14, 1935. The
2753116
Luxury tax (sports)


For every dollar a team spends above the tax threshold, they must also pay some fraction to the league. This system is used to discourage teams from greatly exceeding the tax threshold, with the goal of ensuring parity between large and small market teams. As explained by Fangraphs: "Technically called the 'Competitive Balance Tax', the Luxury Tax is the punishment that large market teams get for spending too much money. While MLB does not have a set salary cap, the luxury tax charges teams with high payrolls a considerable
6351264
Taxpayer


owners and therefore the partnership itself does not pay taxes. The classification depends on given country and may vary. Taxpayers' money help to pay for the items on the federal budget. The gap between revenue (money collected via taxes) and spending is known as the budget deficit. The money the federal government borrows to cover the budget deficit is what creates the national debt. The government spends money for a variety of reasons: reduce inequality (“safety net” programs), provide public goods (fire, police,
16531789
Black market


the prohibition of alcohol. Similarly, when the law disappears, so does the black market, which is why of the arguments for marijuana legalization is the elimination of the black market and thus taxes from that economy being used by the government. In India, "black money" refers to funds earned on the black market, on which income and other taxes have not been paid. The black money market situation in India is epidemic. India currently tops the list for illegal monies in the entire world, estimated to be almost
13616019
Canadian Tire money


gas companies offered at the time. It was only available at Canadian Tire gas bars but was so successful that, in 1961, it was extended to the retail stores as well, and has become the most successful loyalty program in Canadian retail history. The print on the 'notes' refers to them as "cash bonus coupons". Canadian Tire money is given out for purchases paid for by cash or debit, based on the pre-tax total, excluding labour and shop supplies costs. The initial coupon rate earned
35104
Energy subsidies


the subsidies go to natural gas, with the remainder spent on electricity (including under-pricing of gas delivered to power stations). For oil extraction the government gives tax exemptions and duty reductions amounting to about 22 billion dollars a year. Some of the tax exemptions and duty reductions also apply to natural gas extraction, though the majority is allocated for oil. In 2013 Russia offered the first subsidies to renewable power generators. The large subsidies of Russia are costly and it is recommended in order to help the economy that Russia
8159576
Double Irish arrangement


. Note that in some explanations and diagrams BER1 is omitted (the Bermuda black hole), however, it is rare for a U.S. corporation to "own" IRL2 directly. The Irish tax code historically levied a 20% withholding tax on transfers from an Irish company like IRL1, to companies in tax havens like BER1. However, if IRL1 sends the money to a new Dutch company DUT1 (or S), via another royalty payment scheme, no Irish withholding tax is payable as Ireland does not levy withholding tax on
4162596
The double thank-you of capitalism


person receiving aid from the a social worker may feel grateful and say thanks, but the official giving the aid has no reason to say it back. A more extreme example is tax collecting, where neither side has any impulse to thank. The one that is receiving does so by threat of force, therefore feels empowered, not grateful. But a voluntary exchange is a win-win scenario, where each side feels they have more wealth after the trade than before. The shopkeeper needed money more than his product, but
12504879
The Boys Next Door (1985 film)


Bo Richards (Charlie Sheen) are two outcasts of their high school community. Bo receives $200 as a graduation gift from his grandparents. Facing a lifetime of working blue collar factory jobs, the boys spontaneously decide to use the money to go on a vacation to Los Angeles. During the drive to Los Angeles, Bo and Roy rob a gas station and beat the attendant (Joseph Michael Cala) with a crowbar. The next day, the boys go to a beach boardwalk, where Roy throws an empty beer bottle
1214055
Excess burden of taxation


(extra) income, because they know that any additional money that they earn and declare will be taxed at their highest marginal tax rates. At the same time the poor have an incentive to conceal their own taxable income (and usually their assets) so as to increase the likelihood of their receiving state assistance (welfare trap). It can be argued that the distortion of incentives (the move away from a fiscally neutral stance that does not affect incentives) does more harm than good. There was an example of distortion
17839837
Kerr-McGee Corp. v. Navajo Tribe


the IRA was enacted. The IMLA also did not require approval for taxes, merely requiring that the Secretary issue regulations on oil and gas leases, which he has done. The regulations do not require his approval for taxes by tribes. Burger noted that the policy of the federal government was to promote tribal self-government, and the power to tax is an inherent power of government. When a tribe executes a mineral rights lease it is acting in a commercial matter, and that does not prevent the tribe from exercising tribal
15246421
Bustin' Loose (film)


them off. He does and gets Vivian her $15K, then leaves with her, while two guys from the group chase pursue them. After evading them and burning the money, they go back to the farm where they have an argument about the money. Then they realize the old Rolls Royce from the bank is there, and found out the kids told the president of the bank (who is also the mayor of the town) a bunch of lies about what good things Joe and Vivian did, and it
1951714
2016 State of the Union Address


pollution reductions and the current low price of gas were also highlighted. He asked for an increase in clean energy research, and a push for higher taxes for oil and gas production, to better reflect the cost to the environment of those fuels. The tax money would be earmarked for building 21st century transportation systems. He then addressed the third question, how to ensure America's safety without either becoming isolationist or having to nation-build across the world. He highlighted the strength of the US military, and criticized those who
1422187
Polly Toynbee


hoped that Theresa May would work to reduce poverty in the UK, and that a Working Tax Credit will be increased to reduce child poverty. Toynbee does not believe the public sector needs steadily less money every year. She argues that the government has plenty of money to finance tax cuts for better off people. She wrote in March 2017 that "They plan to cut the size of the state permanently to 36% of GDP, from 45% in 2010. New faces in No 10 and 11 Downing Street are only casting
2103624
High Finance


the cheque. Jones does not understand why, having just paid money in, he can't take money out. Mainwaring complains that the cheque is stained, and Jones explains it is from a piece of liver. Mainwaring then asks what Jones is going to do about 'it', meaning his overdraft, and Jones replies that maybe he could "keep the cheques away from the meat". Mainwaring insists on coming round to Jones's shop after work to try to see where his overdraft has come from. After Jones
9509406
Takeoff/Go-around switch


levers) will increase the power to go-around thrust. Most importantly, the TO/GA switch modifies the autopilot mode, so it does not follow the ILS glide slope anymore and it overrides any autothrottle mode which would keep the aircraft in landing configuration. On Airbus aircraft it does not disengage the autopilot, but causes it to stop following the Instrument landing system (ILS) and perform "go-around" manoeuvre automatically. In an emergency situation, using a TO/GA switch is often the quickest way of
3709415
Shadow of the Dragon


quits school and joins a Vietmanese street gang called the Cobras, whose leader Sang Le relates to. He repeatedly comes home late, lying about where he is and coming home with several hundred dollars a night. He says he is using the money to pay back Danny's family for bringing him to America, but he does not want to tell them where the money is coming from. Tiffany eventually agrees to go on a date with Danny alone, but because she has to take care of her brother who has disabilities,
19986511
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015


return could not be evaluated. There are instances when a taxpayer does not get the opportunity to disclose the income and assets. Information received on or before June 30, 2015 is not considered valid because of the date of the act. A resident with unsettled legal offense under the Indian law cannot disclose money. Disclosure opportunity is not available when the tax audit is still under surveillance with accordance to Indian tax laws. The valuation of undisclosed assets to calculate tax on will be done at Fair Market Price. Under normal income
22067040
Partnership accounting


partnership for the period. Management fees, salary and interest allowances are guaranteed payments. The partnership generally deducts guaranteed payments on line 10 of Form 1065 as business expenses. If partners pay themselves high salaries, net income will be low, but it does not matter for tax purposes. Partner compensation and allocated net income are considered ordinary income for tax purposes and as such are reported on the form 1040. It does not matter whether or not a partner withdrew any amount of money from his capital account. It's the net
17764783