Sentences with phrase «against state tax»

Because donations are credited, dollar - for - dollar, against state tax obligations, they are as much gifts from the state as they are donations from private individuals.

These programs involve credits against state taxes.

Interestingly Microsoft, whose chief Bill Gates is a major player in test - based education reform, lobbied heavily against state taxes that would have helped finance the public schools.

Donors receive credit against their state taxes for the full amount of their contributions.

This gets around the Constitutional prohibition against states taxing interstate commerce on the grounds tha the state is taxing your use, not your purchase of the item.

Not exact matches

While last week's budget vote cleared the way to begin the tax reform effort, 20 Republicans voted against it, citing issues with the elimination of state and local tax deductions and a massive expansion of the federal deficit.

It created an overall tax system score allowing states to see how their climates stack up against others.

The most striking example is tax reform, which struck a blow against blue - state Americans who tend to pay high state and local taxes, or SALT.

«U.S. companies could claim foreign tax credits against their U.S. tax bill for any tax - related payments to European Union member states.»

Republican lawmakers in the high - tax blue states that benefit from the provisions already have fought back against a proposal to scrap them.

New Jersey proposed $ 7 billion in potential credits against state and city taxes if Amazon locates in Newark and sticks to hiring commitments, for instance.

One slight relief that many California residents, including them, have had is an ability to deduct state income and property taxes against federal income taxes, reducing their total taxes by 25 percent.

But at the same time, a state exacting punishment against a corporation's political speech by repealing an existing tax break comes at a time of intense competition between states to attract major employers.

Together with Manafort, Gates had been indicted on 12 charges related to money laundering, tax fraud, failure to register as foreign agents, and conspiracy against the United States.

A conservative political lobby that is part of the Koch brothers political network recently argued against states offering tax incentives to Amazon.

The action, which came against the wishes of Mr. Trump's pro-trade advisers, would impose tariffs of 25 percent on steel and 10 percent on aluminum, effectively placing a tax on every foreign shipment of those metals into the United States.

No taxing authority is asserting or threatening to assert a claim against the Company under or as a result of Section 482 of the Code or any similar provision of any foreign, state or local Tax law.

Initially, all state and local taxes not directly tied to a benefit were deductible against federal taxable income.

Or to counter state capitalism like China's, they may engage in explicit subsidies or tax breaks or subsides or preferences or soft loans to promote domestic business's ability to compete overseas against state supported or state owned companies — trade promotion ideas which teeter between reasonable competitive measures and bad crony - capitalism.

The slow - motion train wreck began with an obscure Tax Court of Canada ruling in 2003, in which the judge sided with insurer State Farm against the Canada Revenue Agency.

How this could affect you: If you've been itemizing your tax return and you live in a state with high income taxes or you own a house in an area with high property taxes, this could work against you (if you've been deducting more than $ 10,000 and still plan to itemize).

Are you curious how your tax burden stacks up against others in your state?

The Senate's approach to state and local taxes is at odds with that of the House, where Republicans settled on a compromise — scrapping some of the state and local deductions but still allowing a deduction of up to $ 10,000 on property taxes — after GOP lawmakers from high - tax states revolted against an initial House plan to scrap the deduction entirely.

In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [physical gold coin] demand,» that interest in gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that gold has been implicated in a «conspiracy to commit money laundering,» that gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed gold,» that therefore the US attorney is broadly investigating the gold industry, that gold is «produced by exploited workers,» that «crude [gold] extraction techniques create serious and lasting environmental damage,» that gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use] gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against gold in the short article.

The real estate industry is already in the midst of an aggressive battle against the loss of the state and local property tax deduction that they argue could harm home values.

October, 2013: The Illinois Supreme Court upheld a lower court victory in favor of the PMA's suit against the State of Illinois, declaring its «Affiliate Nexus Tax» is illegal.

In a pre-emptive move against accounting maneuvers in high - tax states such as New York and California, the bill prohibits taxpayers from prepaying next year's state and local income taxes, in order to deduct them from 2017 taxes.

These statements might include your assurance that the business is legally able to do business in the state, that the business has filed all its tax returns and paid all its taxes, that there are no liens or lawsuits against the business that could affect its ability to pay back the loan, and that the financial statements of the business are true and accurate.

The savings will grow tax - free until college, plus it could give you a deduction against your state income tax, depending on where you live.

Conservatives can be the party that reduces the tax system's bias against working parents, that uses markets to increase the productivity of our enormous health care system, and that transforms our welfare state to make work and family formation a better deal.

Second are those in which religion in general, or a specific faith in particular, is favored against other beliefs, as in the older requirement at the state level that officeholders believe in God, or in the nineteenth - century practice of supporting some churches with taxes.

For years he had fought against unfair taxes levied by the State on all people to pay for Congregational churches and ministers.

As children have a right to be cared for by both parents the state should be improving the overall chances of this happening, rather than stacking obstacles against this outcome as the current tax system does.

Cuomo has railed against the federal tax law for its impact on New York and other high tax states that are dominated by Democratic voters.

House Speaker Paul Ryan went on the offensive against high - tax states like California, New York and New Jersey, even though disgruntled GOP lawmakers from those states need to be brought on board to support the $ 6 trillion tax overhaul.

«Other stand - out recommendations include a bill designed to address the exploitation of our tax laws and exploitation of Nigerians by multinational firms by Femi Obagun, and a brief policy for more stringent laws against rapists, a Workers Protection Act, an Alternate Financing to Economic Growth Act, a Policing and State Security Act, and a Government Transparency and Anti Corruption Act.

The state has a vital role to play in both ensuring that all companies that operate under its jurisdiction meet their social obligations (by, for example, taxing them on all revenue generated within a territory), while at the same time promoting forms of corporate governance that cement company independence as a means of protecting against the abuse of economic power.

At 2:30 p.m., state Sen. Martin Golden and Assemblywoman Nicole Malliotakis speak out against a proposed internet sales tax, 7408 Fifth Ave., Manhattan.

Iain Dale, no surprise, has stated that vast numbers are against these tax hikes, so maybe you pay the money and take the choice about them.

At 10 a.m. — Assemblywoman Nicole Malliotakis, Assemblyman Ron Castorina and state Sen. Marty Golden speak out against a proposed internet sales tax, Maplewood Place, Staten Island.

Cuomo, who has railed against the federal government's tax legislation that passed last month, is expected to once again detail the impact of the tax overhaul on the state.

Former «Annie» star Andrea McArdle is among some 9,400 New York City residents who owe at least $ 5,000 in state taxes and had warrants filed against them last year, according to a database provided to The Post by the state Tax Department.

Against the backdrop of a parliamentary debate on the «bedroom tax,» David Cameron announced this week that his policy of downsizing the state isn't going to stop when the economic crisis is over.

Oyster Bay Supervisor Joseph Saladino, a former Republican state assemblyman who has criticized his Democratic successor for tens of thousands of dollars in tax liens against her, also had an outstanding tax lien against him — at least until Tuesday.

Chiavacci Farley says Gillibrand should have fought harder to protect the state against the federal tax bill, which Gillibrand and all other Senate Democrats voted against.

She also came out against the state's 2 percent cap on increases in local property taxes.

And, in the meantime, poorer people will be protected against public sector pay conditions; their children will get a pupil premium; and they will gain disproportionately from tax cuts - as well as, of course, from the welfare state.

Local and state officials have come out strongly against a federal tax bill that has passed the Senate and is now in committee in the House of Representatives, which has its own version of the bill.

Three Democratic governors called Friday for a multistate lawsuit against the recently enacted federal tax code revisions, saying they are unfair to 12 states due to new limits on deductions for state income and property taxes.

Businesses, school leaders and progressive activists in New York also spoke out against the House vote and the provision to end the state and local tax deduction, saying they will be harmful to state residents.