Your English writing platform
Discover LudwigExact(12)
Another hurdle is the city's limited power in issuing tax liens against the properties.
And issuing tax rebates raises the government debt, at least initially, which might create angst for consumers who fear the possibility of higher taxes when the government repays the debt.
There is a better way: increasing taxes on luxury goods; exempting necessities like food, medicine and children's clothing from sales taxes; and perhaps most important, issuing tax rebates and preserving refundable earned-income tax credits, which put more money in the hands of low-income households.
Since 1994 at least six states have stalled in issuing tax refunds, usually citing problems associated with new technology.
It became the largest market in the world for automobiles earlier this year; car sales rose 25% in February after the government started issuing tax rebates for small engines.
I'm not talking about the measured approach of Mayor Ed Lee and Ron Conway who are doing what every major city in America is doing, luring businesses to their neighborhoods by issuing tax breaks for highly attractive growth industries.
Similar(48)
The Council has no official authority to influence the program, which authorizes issuing tax-exempt bonds, called Liberty Bonds, to finance construction projects in the city.
Trusts run by Citigroup and other financial institutions borrowed money by issuing tax-exempt commercial paper, then used the cash to buy municipal bonds that have slightly higher yields, pocketing the difference.
On that basis, the unfunded liabilities of individual state pension funds are more than $3 trillion, compared with $1.2 trillion using the accounting method adopted by the states themselves.Congressman Devin Nunes of California has put forward a bill that will require states to move to more transparent accounting, on pain of being barred from issuing tax-exempt municipal bonds.
Chesapeake Resorts bought the land for $5 million from the state, whose development corporation then provided $134 million of the project's cost by issuing tax-exempt revenue bonds, said Robert J. Knopf, senior vice president of Quadrangle Development, a real estate development concern that manages more than seven million square feet nationwide.
In theory, authorities are designed to perform some of the duties of public agencies with the nimbleness of private corporations, issuing tax-free debt to build large infrastructure projects like schools and airports, stimulate urban renewal and manage public facilities like bridges and parking garages.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com