Sentences with phrase «backing the tax credit»

Teachers» unions and Democrats who dominate the Assembly were pleased to beat back the tax credit, while the religious organizations and charter school advocates who supported the measure were tided over with money and changes that will allow more charter schools to open in New York City.
And a coalition that backs the tax credit has begun running a television ad featuring the Cardinal.
Education reform advocates who back the tax credit measure point to teachers unions that have sought to play a role in campaigns as well.
Still, support for vouchers does not match public willingness to back tax credits, even though most economists think the difference between vouchers and tax credits more a matter of style than substance.
If you fail to send the declaration form back your tax credits will stop.
He's mad at some who want to pull back tax credits already promised to wind companies.

Not exact matches

Those data are also backed up by Statistics Canada, and the NDP says the sector requires more help from Ottawa — including its proposed innovation tax credit.
Back in July, Musk said the winning state would need to pony up 10 percent of the Gigafactory's cost, or $ 500 million (most likely in the form of a tax credit).
«With tax cuts still to be felt, consumer demand - already robust on the back of a declining savings ratio and increased credit card borrowing - looks set to be fair.
The AHCA attempts to preserve certain Obamacare components (mandating coverage for Americans with pre-existing conditions, requiring insurers to provide certain benefits, etc) while massively scaling back others (including the Medicaid expansion which has covered millions of low - income people and replacing more generous insurance subsidies with optional tax credits that can be used to buy coverage).
And it's clear that the head of J.P. Morgan agrees with President Trump on many things, including the need to cut corporate taxes, roll back «unnecessary» regulations and help low - income Americans by expanding the earned income tax credit.
Getting rid of many current deductions «is being done to finance rate cuts and increase the standard deduction and child tax credit,» said Nicole Kaeding, an economist with the business - backed Tax Foundatitax credit,» said Nicole Kaeding, an economist with the business - backed Tax FoundatiTax Foundation.
debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctitax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury AuctiTax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions
You can start claiming the credit in the tax year before the tax year in which the plan becomes effective, and you may carry it back or forward to other tax years if you can't use it in the current year.
«Depending on the purchase price of your home, a buyer can get 20 to 30 percent of the interest they pay every year back as a straight tax credit
As losses can take years to «earn back», they often lose the time value of money and may restrict monetization of other subordinate tax credits that have shorter expirations.
However, you can register for, charge, and remit GST / HST even if your small business does qualify for Small Supplier status, and you might want to do this because if you don't, you can't get any of the GST / HST you pay out on business purchases back through Input Tax Credits.
There are tax credits for education, but eligibility varies depending upon whether you're currently in school and paying tuition or whether you're out of school and already paying back student loans.
And the great thing about the SR&ED tax credit program is that the tax credit is refundable, so even if your business doesn't make any profit, you will get the refund back in cash.
The AOTC is one of the most valuable credits because it's refundable; if the credit brings your tax bill to $ 0, you can receive some money back in the form of a tax refund.
Short - term debt is used to finance assets that can be made liquid quickly (turned back into cash)-- examples include accounts receivable amounts, tax credits, newly signed contracts and inventory.
Another side effect of the BEAT provision is that investors in existing tax equity deals are at risk for tax credits that are «clawed back» under the new tax.
Jefferson, Washington, and the Congress chose to help the industry get back on its feet by what was essentially a tax cut (in lieu of tariffs paid for supplies coming from outside the U.S.) to the owners and workers of the cod fishery on the condition that the ship owners share the tax credits with all the workers.
However, on the back of recent survey work by Credit Karma, which reported 59 % of 2,000 people questioned regarding crypto - related profits admitting they hadn't declared them for tax purposes, it does seem to indicate a desire to keep gains made in Bitcoin et al to themselves.
If you are a GST / HST registrant, you will be able to recover some of the GST / HST you paid out on business purchases back through Input Tax Credits.
As an aside, those who believe that the province should simply «take back Translink» as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit rating.
General Obligation (GO) bonds are municipal bonds backed by the credit and «taxing power» of the issuing jurisdiction rather than the revenue from a given project.
The Wall Street Journal Financial Guidebook for New Parents shows you the way, with information on how to: safeguard your child's well - being with wills, trusts, and life insurance; best weigh your child - care options and decide whether to go back to work; save on taxes with child - friendly tax credits and deductions plus tax - advantaged benefits at work; manage your family's health - care costs; save for long - term costs by setting up a college fund; spend smart and save money at every stage of your child's development; continue to contribute to your own retirement savings
The IDC is backing a paid family leave for working mothers, an increase to the child care tax credit, aid women in re-entering the workforce and help for low - income women by proposing changes to the Temporary Assistance for the Needy Families.
For the Republicans, voters back the plan to provide sweeping tax cuts and credits to small businesses and a 46 percent approval rating of the chamber where they hold a narrow 32 - 29 majority — an unusually high number given the Legislature's historically awful reputation with New Yorkers.
Chancellor Gordon Brown yesterday announced plans to increase the amount by which a family's income could change before they had their tax credit payments cut, and to put a cap on the level of overpayments that could be taken back in any year.
This protection will apply to existing UC claimants as of 1 November 2018 (including those who leave and come back within six months) as well as tax credit claimants who move across to UC as long as the gap is no more than 6 months.
One compromise measure could be to link an extension of rent control to the passage of the tax credit, a bill that has an uncertain future in the Democratic - led Assembly and is backed by parochial and private schools.
The prime minister hit back by saying that while the tax credit system may have its problems, he was proud of it - and noted that low - income families were much better off under Labour, when the economy and inflation rates were stable, than under the Tories.
«The introduction of this policy has also complicated the roll - out of universal credit by diverting most claimants who are responsible for three or more children back to tax credits; and at the same time the policy has been introduced into universal credit under interim rules, with full rules expected to be in force from November 2018.2 «This has created unnecessary complexity and is likely to lead to a great deal of confusion for claimants not only in respect of support for their children but also around which benefit that support will come from.»
Just before the reception began news broke, courtesy of the rom the great Daily News Capitol Bureau Chief Ken Lovett, that there was a deal reached back home in New York to revive the 40 - year old tax credit known as 421a, which quietly expired without much fanfare a year and a half ago.
The New York Housing Conference Inc., a real estate - backed nonprofit group, has expressed political support for U.S. Rep. Joseph Crowley's housing proposals that pivot the Government's commitment away from public housing and that offers a tax credit solution to tenants facing a rent burden.
Secondly, when the economy is in an tail - spin, we should back deficit - neutral redistribution from well off people who save, to hard pressed families who consume — for example raising new revenues from the under taxed property and capital of the top 1 % to sustain tax credits for low paid working families.
At conference a year ago, I launched our campaign against cuts to tax credits and we succeeded in knocking this government back.
There's been scandal - the suspension of MP Michelle Thomson over allegations about property deals, the award of a # 150,000 government grant to the organisers of the profitable T in the Park music festival after a meeting brokered by a former SNP adviser - and there's been political ineptitude, most notably when the nationalists were put on the back foot by a Labour pledge to use Holyrood's powers to overturn tax credit cuts.
Injecting Dolan back into the debate over the tax credit comes as both forces for the measure as well as those in favor of the DREAM Act are making a last - minute push to have them included in the budget talks.
Even if he doesn't have to fund backing off the tax credit cuts.
The documents also show News Corp. lobbied the governor's office just before he backed an expansion of a film tax credit program that has benefited movies made by Murdoch's 21st Century Fox.
The plan also supports school choice, backing the education investment tax credit that has stalled in Albany, but is strongly supported by the Catholic church.
Ian Murray, the shadow Scottish secretary, has hit back at Nicola Sturgeon on Twitter for what she said about Labour and the tax credit cuts.
Last year 230 productions spent more than $ 3 billion in the state and earned back $ 681 million through the tax - credit program.
And though they stopped the passage of the Cuomo - backed Education Investment Tax Credit, which would have subsidized private education, they had to accept $ 64.6 million being given to parochial schools and yeshivas.
Lifton later said that there is also «clearly some strong support» for the education tax credit, and 50 Democrats are on record backing the measure.
It is understood that Osborne will make clear in his autumn statement that he remains determined to scale back the use of tax credits which used to be available to nine in every 10 families and are set to be available to only five in 10 under his changes.
«Our determination to oppose Tory austerity policies, and our successes in pushing them back on tax credit and police cuts show that Labour is getting results for working people.
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