A Quote by Ned Lamont
Connecticut has an incredible mix of tourism offerings - from arts and cultural venues and restaurants, to lodging properties and outdoor recreation areas - all of which help generate business sales, tax revenues, and statewide jobs benefitting our communities.
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The harsh reality is that we simply cannot tax our way out of our overspending and debt problem. We need a balanced approach that includes both a stronger economy to generate new tax revenues and bipartisan guardrails, which will help ensure that future presidents and congresses spend within our means.
Connecticut's arts community provides an incredible amount of good for our state and supports thousands of jobs.
A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade. So it makes the job of raising revenue easier. The revenues from the VAT can then be used to lower taxes on income and saving and investment. The Value-Added tax doesn't penalize work or saving; it's a tax on buying stuff.
God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.
Margins on other sales and revenues grew as a result of the growth in extended service plan revenues, which have no associated cost of sales, and the growth in our service margin, reflecting improved overhead expense absorption.
The sales tax is the best and most equitable tax. The gasoline tax, which is nothing but a sales tax, has proven painless, productive and punitive. Everything we buy should have its equal proportion of tax, outside of cheap food and cheap clothes.
We Americans are a funny people. We say that our favorite outdoor recreation is 'walking for pleasure' (or so it is reported in Outdoor Recreation Trends). Yet the average housewife will jump into the family car-or one of them-to go around the corner for a bottle of aspirin and a television guide. The businessman who walks four blocks to an appointment is the exception rather than the rule.
There's no need for women and moms to go through this world alone without the help and the support from the businesses that do business in our communities and that generate success from the women in our community. That should not be happening.
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade.
We know that expanded access to natural gas is important to families and businesses in communities across Ontario. That's why our government is developing new natural gas programs to improve access, which will generate economic activity, attract significant investment, create jobs, and break down barriers in our communities
I am a Democrat; I want to fund programs that help people. In order to do that, you need to have revenues and you have revenues when you have jobs.
In addition to a soaring stock market, 6.6 million jobs have been created since tax relief measures went into effect in 2003. Our deficit situation has also improved as tax revenues have increased at double-digit rates over the past two years.
You are smart people. You know that the tax cuts have not fueled record revenues. You know what it takes to establish causality. You know that the first order effect of cutting taxes is to lower tax revenues. We all agree that the ultimate reduction in tax revenues can be less than this first order effect, because lower tax rates encourage greater economic activity and thus expand the tax base. No thoughtful person believes that this possible offset more than compensated for the first effect for these tax cuts. Not a single one.
There are certain areas where foreign investors can help the local people to generate wealth, and improve their quality of life. Some companies, for example, Del Monte, which produces pineapples in Kenya, pay a huge amount of taxes, I am sure, to the Kenyan government, and they do create jobs for thousands of locals.
The move to tax Internet sales, clothed as a 'fairness' issue, is the typical 'wolf-in-sheep's-clothing' ploy so often used by governments unwilling to cut expenditures to match revenues. It matters not whether its proponents have a 'D' or an 'R' after their name. It is a tax increase in either case.
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