Sentences with phrase «about losing their tax»

Others might be concerned about losing their tax - exempt status.

Finally, for those who are concerned about losing tax benefits by holding properties in an LLC — there's no need to worry.

Not exact matches

Or is it actually about making up revenue lost to an eroding tax base as taxpayers seek legal ways to avoid what they see as punitive tax rates?

If you're about to score a windfall from your rich Aunt Tilly, don't lose sleep over those federal estate taxes.

But the cryptocurrency has since lost roughly two - thirds of its value given worries about regulatory crackdowns and tax - related selling ahead of the U.S. tax deadline on April 17.

TORONTO, Nov 9 - Canada's main stock retreated for a second straight day on Thursday as materials and financial shares lost ground and worries about the prospects of U.S. tax reform weighed on Wall Street.

The Organization for Economic Cooperation and Development estimated that these kinds of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year, equivalent to up to 10 per cent of global corporate income tax revenue.

Airlines lose $ 586 million, governments are down about $ 150 million in taxes and fees and lost revenue from hotels, parking, taxis, limos and airport purchases are conservatively about $ 90 million.

If you're nearly retired and about to lose your state and local tax deductions, here is where you should move.

In addition, the OECD estimates about 10 % of Greek GDP is lost to evasion — particularly rife in construction and tourism — much of it through aggressive use of offshore tax havens.

Then, when you take withdrawals in retirement, you don't have to worry about losing any of that to taxes.

Taxpayers would lose the ability to deduct their state and local property and other taxes from their federal taxes, a break used by about 44 million people (or 30 percent of tax filers.)

President Trump is starting to do the things that many of the people worried about before he got elected (tax reform convinced many that he would not ruffle markets): Amazon under pressure as the White House is Tweeting up a storm about the company ripping off the USPS and not paying enough taxes — Today, Pres Trump said the US is giving a subsidy to Amazon — He noted that the company has the money to pay for additional USPS shipping rates; — Commented that the post office continues to lose «billions» due to Amazon.

The dollar index (DXY) peaked in December 2016 and has subsequently lost nearly 13 per cent, shrugging off what should have been positive effects from U.S. tax reform and a Federal Reserve about to embark on a tightening cycle.

How about if taxes are based on how much one has to lose if the economic system was changed?

Mostly I believe that religious leaders need to refrain from preaching about politics (and politicians) from their pulpits, or risk losing their tax - exempt status.

Pastors to speak from the pulpit about politics have previously risked losing their tax - exempt status.

He spoke about the Burden Sisters inheritance tax case in 2006, in which two cohabiting sisters who had lived together in a loving and committed relationship all their lives lost a lengthy court battle to avoid paying inheritance tax when one of them died.

Doc, Those Bush tax cuts have been in effect for about ten years, and we have lost about 600,000 jobs since then.

You would have to establish that the total tax paid by the election winning voters was more than the total tax paid by the election losing voters to make any valid claim about taxes paid and policy preferences.

I wouldn't support, for example, the abolition of tax credits without making sure that no - one lost out (which, going about it by changing the tax system and raising universal benefits would be very, very expensive).

But, county officials say they need the one percent sales tax exemption ASAP or the county will lose about $ 5 million in revenue.

London's Labour campaigners are in an optimistic mood after opinion polls saw Ken drawing neck - and - neck with Boris Johnson, following a difficult period in which he lost support amid recurring questions about his tax returns.

The Conservatives lost 405 councillors in local elections across England, Wales and Scotland last Thursday, following weeks of negative headlines for the government about the «pasty tax», the «granny tax» and the 50p tax cut for Britain's richest.

Many of the same warnings Mario Cuomo heard in the 1980s about Shoreham are the same ones his son hears today from supporters of Indian Point: Closing a nuclear plant will result in blackouts, a less reliable electric grid and increased air pollution as fossil fuels are burned to replace the lost emissions - free nuclear power; customers could face higher bills; more than 1,000 jobs will be lost, and tax revenue for schools and towns will dissipate.

WASHINGTON, D.C. - New York taxpayers stand to lose about $ 68 billion that they now deduct from their federal taxes if President - elect Donald Trump and House Speaker Paul Ryan move forward with their tax reform plans next year, according to state officials and tax experts.

Reading between the lines, the report raises questions about how much Ulster actually lost during last year's «Cahill Sales Tax Crisis,» which deprived the county of a one percent sales tax surcharge in December and JanuaTax Crisis,» which deprived the county of a one percent sales tax surcharge in December and Januatax surcharge in December and January.

More tax is lost to onshore evasion or non-compliance than to offshore evasion and avoidance but it does not always attract the same level of public interest - for example a former minister for tax was vilified for making the very valid point about the scale of the tax loss from paying tradespeople in cash.

Cuomo moved abruptly last week to downsize a little - known state tax department office in Chicago, giving about 40 auditors (PEF members) the choice of either losing their jobs or moving to NY.

A female announcer then talks about the number of people New York has lost in recent years and says there's «hope» in the form of Cuomo's budget — «a plan to move New York forward» without raising taxes.

Sen. Terrence Murphy may launch an investigation into the Cuomo administration's agreement with Entergy to close the Indian Point nuclear plant unless questions he has about the deal are answered, including how local governments will replace the tax revenue they'll lose once the facility closes.

Replacing income taxes with am employer payroll tax, leaving Washington, not Albany, on the hook for billions of dollars in lost revenue, might sound good, but the idea floated by the governor is already running headlong into a barrage of practical questions about how precisely such a switcheroo might work.

Labour's shadow work and pensions secretary Rachel Reeves said millions of working families would lose money if the reports were true and urged Cameron to «come clean with the public about their plans to cut child benefit and child tax credits».

Byrne says the IFS is very clear about the fact that the rise in the income tax threshold will not compensate for the amount families will lose.

The tax changes in this year's Budget will result in about 5.3 million households losing out, say the IFS.

Cuomo also talked about the possibility of establishing a payroll tax and exploring other avenues to help make up for lost state and local tax deductions under the new federal tax law.

«Republicans are ringing alarms about what the House would be like if the GOP lost control: a throwback to unreconstructed liberalism, big - government activism, tax increases and weak - kneed defense.

But the BBC is now saying that it is possible that George Osborne could use that tax change to partially compensate stay - at - home mums who are angry about the money they have lost.

«If you add on top of it disadvantaging our taxpayers with this double taxation if they would lose this deductibility of state and local taxes, you're talking about a triple whammy to hit New York state.

He is gambling that the public mood has changed since 2005, that people have had their fill of Labour's stealth taxes and won't lose much sleep about a public spending squeeze.

In Both the 92 and 2010 elections, there were bigger swings towards us from the middle class than the working class, for different reasons, maybe those who came to us in 92 were Ex SDP, voting for us after it's collapse, and the working class, were sticking too the Tories in Essex, as they hadn't lost so much under the recession, and weren't losing their jobs in the city, the way the middle class were, and read the Suns twaddle about labour saying they'd put the basic rate of tax, when we said we weren't going too.

ALBANY — State Sen. Terrence Murphy says he may launch an investigation into the Cuomo administration's agreement with Entergy to close the Indian Point nuclear plant unless questions he has about the deal are answered, including how local governments will replace the tax revenue they'll lose once the facility closes.

Tory sources said Cameron's comments about «recapitalising the poor» were consistent with Conservative policies such as the council tax freeze and the commitment to help low - income families who have lost out from the abolition of the 10p rate of income tax.

The governor addressed questions about the vacation during a year - end interview in which he said his greatest regret was having lost a battle with the Legislature last May to hold the line on taxes.

If there was a strong Labour left, it could make the case about so many people being on benefits because (radical idea here) there aren't enough jobs to go around; that benefit fraud is exaggerated (costing # 1.2 billion compared to # 70 billion lost through tax avoidance); and that it is an often complicated phenomenon.

The trade also costs the city about $ 1 billion in lost taxes each year, she added.

Activists hailed the news, but city leaders worried about lost property taxes — $ 4.75 million in a city budget of $ 130 million — and cleanup costs.

Opponents are concerned about the potential costs of restrictions related to sea - level rise, like lost land to wetland status and degraded tax revenue.

Weddings are taxing enough minus having to lose sleep about spelling mistakes on your invites.

David Figlio talks with Education Next about his new study, which finds that public schools in Florida raise their performance when faced with the prospect of losing students to nearby private schools via the Florida Tax Credit Scholarship Program.