Sentences with phrase «more tax money for»

There would be NO MORE tax money for the state.

Not exact matches

Let that money sit for a while, and you'll most likely pay no more than 15 % in taxes on its growth, as the long - term capital gains tax for most people is far lower than taxes on regular income.
It will be a money - making opportunity, both for entrepreneurs who dream of growing a business and politicians who will be more than happy to tax it.
Look for more money to be given to the Canada Revenue Agency to fight offshore tax evasion, an investment that has so far helped the CRA reap millions in extra tax dollars while at the same time achieving the aim of discouraging tax evasion by Canadians.
Taxes on tobacco products have also continued to rise, making it even more difficult for young people with less money in their pocket.
Returns were lousy, the early - stage companies the funds invested in constantly needed more money, and Ontario had already decided to cancel its tax credit in 2010, which became a deal - breaker for many investors.
His country had been spending far more than it collected in taxes for as long as he had lived, and paying for the shortfall by printing money or borrowing from international investors.
Lower taxes for wealthy people should mean more money flowing into the stock market.
More from Your Money, Your Future: Don't overlook the expanded tax deduction for medical expenses Got crypto?
Strategic gifting is particularly important for those who have an «estate» (your money and property) that exceed $ 5.43 million — any estates worth more than that will be taxed, up to a whopping 40 %.
For more guidance on strategies to gift your kids money, read up on how to pass along your cash without losing half of it to income taxes.
Goodbye and good riddance to that outdated, monstrosity of a tax code that took too much of your money, sent our American jobs overseas, and kept our economy so slow many workers didn't see a pay raise for a decade or more
Fredrick Petrie, author of «The End of Work: Financial Planning for People With Better Things To Do,» recommends «taxing» yourself in order to get more money out of your wallet and into the bank — this way you'll make savings a priority from the get - go, rather than budgeting everything else first and then seeing what is left over for savings.
«Even with more money in their pocket from tax refunds, the strain of major and unexpected medical costs are hitting families hard and making it difficult for them to recover,» Diana Farrell, president and chief executive officer of the JPMorgan Chase Institute, said in the press release.
«People who have a context for money that excites them are more likely to do the crappy events of filing their taxes, putting in their RRSP contributions, getting rid of their credit card debt — all that stuff which in and of itself is completely boring,» Sellery says.
If your home sells for more than you paid for it — your tax or cost basis — that extra money can be considered taxable income at capital gains rates subject to certain thresholds and rules.
«It's in all of our best interest to have these tax cuts for corporations so that they will have more money to invest in their business and pay their workers,» Rep. Mike Conaway (R - TX) told Vox before the House tax bill was released.
Well, the truth is you have to do more than just give money away for it to count toward a charitable donations tax deduction.
With some of the taxes kept, then Senate leaders are now looking to spend more money on provisions, like Medicaid and financial aid for private coverage, that moderates are focused on.
In many cases, businesses may spend additional money for services such as more advanced tax assistance or even delivery of paper checks.
Trump is trying to rearrange the tax code for personal benefit, and if he succeeds, he'll net more money that he ever could by just using the government to market his resorts.
My plan is to use the tax - free money from the Roth IRAs first (after retirement) and let the pre-tax investments (401K) compound for a few more years.
In other words, over the next five years, this government is planning to spend more money on income splitting for a small number of well off families, a promise made during the 2011 election, than on supporting economic growth and job creation through new spending on research and infrastructure and lowering taxes on investment.
What's more, using investments from a taxable account first for withdrawals leaves your money in tax - advantaged traditional and Roth accounts, where it has the potential to grow tax deferred or tax free.
If you make more money, you won't qualify for this college tax credit.
There «s could be more than money at stake for tax protestors.
A number of Republican House members insisted on only a partial repeal in the House bill, but the Senate has gone for a full repeal in an effort to raise more money to pay for tax cuts elsewhere.
About 75 % of the tax money would go towards funding more affordable housing and the rest towards emergency and shelter services for the homeless.
Most student loans do not have prepayment penalties; therefore, if you receive a windfall of money at some point in the year (for instance, a work bonus, a birthday present or a tax refund), you can pay more than the minimum monthly payment.
For example, more and more people are making payments through their smartphones, they can pay for taxes, buy movie tickets, shop online, transfer money, pay for goods at restaurants and shops, all on their smartphonFor example, more and more people are making payments through their smartphones, they can pay for taxes, buy movie tickets, shop online, transfer money, pay for goods at restaurants and shops, all on their smartphonfor taxes, buy movie tickets, shop online, transfer money, pay for goods at restaurants and shops, all on their smartphonfor goods at restaurants and shops, all on their smartphones.
Other more narrow provisions include tax breaks for film and theater producers, NASCAR race track owners, manufacturers of electric motorcycles, commuters who use public transportation and teachers who spend their own money on classroom supplies.
Even more money could be on the line for many low - income and moderate - income workers who could be eligible for generous tax credits, including the Earned Income Tax Credtax credits, including the Earned Income Tax CredTax Credit.
Whether City Council wants to use more of the tax base for Northlands» plans may show the extent to which they love using public money to buy risk.
Whether your company sees a lot more money or a little from its new tax rate, you can still reward employees for their contributions.
As long as you remember to claim the exemptions you're eligible for, it's a simple way to lower your taxes and hang on to more of your hard - earned money.
For more fun life expenses, like a fancy wedding or a trip to Alaska, you'll need to save after - tax money.
«It's in all of our best interest to have these tax cuts for corporations so that they will have more money to invest in their business and pay their workers,» Rep. Mike Conaway (R - TX) said.
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes)For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes)for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes)for tax purposes).14
When I retire I also expect my income to be A LOT higher than it is now despite being retired, so the last thing I want is for the government to be able to tax more money at an even higher rate later on!!!
Closing that gap further with taxes on high earners would eventually require more than doubling the payroll tax rate for high earners (assuming no additional money from investment income, as capital gains would already be past their revenue - maximizing limit), bringing the total tax hike to about 25 percent for those earners.
Fidelity ® Conservative Income Municipal Bond Fund (FCRDX) This fund, whose income is normally exempt from federal income taxes, might be appropriate for investors looking for more yield than money market funds are providing, and wanting to take a more conservative approach to both credit and interest rate risk than many other bond funds.
Its pitch was simple: If you have a bit more than walking - around money, instead of buying ETFs, you can just buy single stocks, and take advantage of your single - stock losses more efficiently, lowering your tax bill in exchange for some small amount of tracking error.
We can juggle ages for start of RRSP payouts, but it is clear that they have choices: 1) start CPP early to get more money upfront before age 65 in exchange for less money later; 2) start depleting RRSPs as soon as possible to avoid higher taxes later.
Our tax money goes for more than social services; we're also paying for roads, research, and the national defense.
Patriotism and loyalty are things that can not be bought by lower taxes, no more than a good man will leave his wife and children for money.
I'd like to have a president who doesn't keep his money in Switzerland and the Cayman Islands.I'd like to have a president who knows more people are on food stamps today because tax cuts for the rich did not create jobs and caused this country to go down the drain.
More significant for members of Congress, surely, is the question of who would benefit from repeal: while those who will actually benefit from estate tax repeal are few in number, they have a lot of money and control even more (corporate C.E.O.'s can now count on leaving taxable estates behiMore significant for members of Congress, surely, is the question of who would benefit from repeal: while those who will actually benefit from estate tax repeal are few in number, they have a lot of money and control even more (corporate C.E.O.'s can now count on leaving taxable estates behimore (corporate C.E.O.'s can now count on leaving taxable estates behind).
And had those 45,722 babies been born in 2009, there would be 45,722 more people that tax money would pay for to live, as clearly the parents were financially unable to support the estimated $ 10K per year cost to sufficiently raise a child if they were using Medicaid to pay for their heath care procedures.
I guess I feel the same way about a liberal agenda that say that to get out of debt we have to spend more, or that my tax dollars have to pay for something I think is morally wrong (Obamacare sets up a fund to pay for late term abortions) or a government that confiscates kids lunches, or tells me how much soda I can drink, or uses my tax money to choose winners and losers (mostly losers but Obma doners) in energy production that produces no energy yet we are sitting on more coal and oil than any other nation on the planet.
«Thou shalt not interfere with a woman's right to choose abortion; indeed, thou must help to pay for abortions through tax money; more than that, thou shalt not legislate that the woman contemplating abortion must be fully informed about the potential adoptive parents who desperately want to provide a loving home for her unborn child.»
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