Sentences with phrase «bite out of their income»

Even in places with a lower cost of living, having someone look after your little ones is taking a large bite out of your income.

Yet, for many folks, the payroll tax takes a bigger bite out of their income than the federal income tax.

The tax filing took a $ 440 bite out of our income for the month.

Not exact matches

«Most people out here have bits of trickle income in addition to their retirement plan; it's not the conventional «I saved and live off of my savings,»» she said.

The U.S. doesn't have a VAT or a national sales tax — and given how enormous a bite such taxes take out of income in other countries, it's easy to see why they haven't gained traction in Congress.

On the other hand, McDonald's said its decision to raise wages and improve benefits for 90,000 workers in U.S. company - operated restaurants took a bite out of operating income.

«Owning a home at market price in Canada still took an abnormally large bite out of household income, but RBC's aggregate affordability measure was unchanged in the fourth quarter after a string of six quarterly increases,» said Craig Wright, senior vice-president and chief economist, RBC.

Figuring out our income side of the equation was easy, but our expenses were a bit more hazy.

Taxes take a good bite out of American incomes, too.

Although we encourage passive income investing, a little bit of work would be required to make sure you are getting the most out of your money.

Typically, investors may be driven to buy something familiar, such as a bond fund or individual corporate bonds for fixed income exposure, but if you're willing to take a little bit of risk, you can check out a Lending Club investment.

«It is a bit like taking out a pretty big mortgage in the expectation your income is going to rise, but the NHS is facing a period where that is not going to happen,» Professor John Appleby of the King's Fund thinktank told the BBC.

The government's flagship welfare scheme is full of hidden nasties - self - employed people could lose out under the minimum income floor, cuts to the work allowance have already bitten, and then there's George Osborne's infamous tax credit cuts.

79 % of victims, the study found, suffered economic loss after a snake bite, with a median out of pocket cost of $ 11.82 and a median loss of income of $ 28.57 for those employed and $ 33.21 for those self - employed.

«It could also improve entanglement between quantum bits, as incoming waves of light are effectively spread out and infinitely long, enabling even distant particles to be entangled.»

SLAVE MARKET FOODS: Studies, and a bit of common sense, show that classifications on the socio - economical scale such as low income, inner city and / or ethnic minority [Hispanic / Black] predisposes consumers (who are equal under the law to protections against harm) to diabetes, obesity and other health risks as grocery stores in their area tend to sell lower qualities foods while food producers price high quality (or even halfway decent) foods out of reach.

As a thought exercise, consider this awkward bit of calculus: If counseling out some number of unruly, disruptive or hard to teach low - income students enables a school — any school — to bring 25, 50 or even 100 times that number of other students to levels of achievement that «regular» schools have historically proven unable to equal, are you OK with that?

If I could do that — especially if I could branch out a bit with some of those books — I think it would lead to a significant increase in the writing income.

They also take a huge bite out of your potential income as a result.

If you're writing out of the money covered calls just to get some extra income from stocks you are hoping not to have called away then you can relax this rule a bit.

In fact, your tax bill can take a big bite out of your retirement income.

Our first installment focuses on the question that hits home right about this time every year: Are taxes taking too large a bite out of your investment income?

Fixed income fund performance has dropped a bit this year with 15 out of 100 losing money.

So if you strip those factors out of the ratio, the proportion of your income that you can apply just to the mortgage is around 25 % if you want to stretch a bit, or 20 % if you want to keep the load more comfortable.

Recent graduates can not get mortgages to buy homes, even if they are not in default, because their student loan payments are taking such a bite out of their monthly incomes.

There are many kinds of annuities out there, but there are two types that I think make the most sense for retirees looking to convert a bit of savings into a lifetime income stream: immediate annuities, which as their name implies, begin making payments immediately; and longevity annuities, which start making payments in the future, sometimes 10 or 20 years down the road.

Since REIT dividends get taxed at the ordinary income level, when you are in lower tax brackets the fat yields easily make up for the taxes you pay, but as one climbs into higher tax brackets, taxes can start taking a pretty large bite out of those dividends.

All those years of maxing out RRSPs to generate a tax deduction on your earned income come back to bite you after 71, because you'll have to convert your RRSP into a Registered Retirement Income Fund (the other options are turning the holdings into an annuity or cashing out, but the tax consequences of the latter are horrenincome come back to bite you after 71, because you'll have to convert your RRSP into a Registered Retirement Income Fund (the other options are turning the holdings into an annuity or cashing out, but the tax consequences of the latter are horrenIncome Fund (the other options are turning the holdings into an annuity or cashing out, but the tax consequences of the latter are horrendous).

Even though most of the return from bonds comes in the form of interest income, decreasing bond prices still take a bite out of those returns.

And so you end up estimating and guessing, and a lot of times they're wrong, and it turns out the IRS and in California, Franchise Tax Board, and in other states, they know quite a bit about you before you file the return in terms of your income for the year.

For a bit more context, I also have a healthy amount in emergency funds and I max out my tax - incented retirement savings, so I can dispose of the $ 110K entirely to create passive income.

They «ve got some credit cards, maybe they owe a little bit of taxes, they've got some debt out there and they realize they can't make it with their income coming down a bit.

While it may play quite a bit differently than most of the other fighting games coming out today, it still revolves around the classic balance of knowing what moves are available to you while also deciding when to use specific attacks, or how to block incoming flurries from your opponent.

Your shield also absorbs incoming fire but prevents you from firing when activated, so trying to control your intractable movement, dodging mines and using your shield whilst firing at equally out of control enemies, can all get a bit much, leading to hilarious mistakes and frantic fun.

In any case, many people are finding that platforms like AirBnb are one way to earn a bit of extra income renting apartments out to travellers.

So, it turns out an app developer is working on a bit of software that would turn your smartphone into a mobile warning system for incoming missile attacks.

Last year news broke out of how Leumi bank had stopped both incoming and outgoing transactions on Bits of Gold exchange.

It means this lender is a bit more conservative when it comes to the area of debt to income ratio for cash out loans.

The bite those tax - free sales take out of conventional store sales also affects state sales tax income, and that's putting pressure on states and localities to offset tax revenue declines by upping property taxes.

But I'm also not including the potential $ 100 / month income from the parking for that unit (a rate which people would kill to get in that neighborhood), so the $ 150 / month vacancy expense is a bit of a wash if the space becomes available by my moving out.

We have considered picking up and moving to help her out, but we get bit by the Colorado Income Tax on our W2 income and the cost to move plus 4 years of Income tax would probably be a wash for saving, she will just be stuck with a large student loan like others have done, is just a shame college is so expensive, 40 - 50K a year for out of Income Tax on our W2 income and the cost to move plus 4 years of Income tax would probably be a wash for saving, she will just be stuck with a large student loan like others have done, is just a shame college is so expensive, 40 - 50K a year for out of income and the cost to move plus 4 years of Income tax would probably be a wash for saving, she will just be stuck with a large student loan like others have done, is just a shame college is so expensive, 40 - 50K a year for out of Income tax would probably be a wash for saving, she will just be stuck with a large student loan like others have done, is just a shame college is so expensive, 40 - 50K a year for out of state.

piles and piles of papers, magazine tear outs, bills, incoming checks, journals, sewing bits and pieces, patterns, correspondence, my camera, calendars, business cards from here and there.....