Sentences with phrase «by taxing people»

However, we shouldn't seek to accomplish that by taxing people based on questionable science.

You see, tax collectors were paid, but were allowed to give themselves pay raises by taxing the people more.

I have been fostering for 2 years now and tried to claim my gas expense only and was declined by my tax person.

Not exact matches

EU regulators are expected to order Amazon on Wednesday to pay Luxembourg millions of euros in back taxes, a person familiar with the matter said, the latest global company to be hit by an EU crackdown on unfair tax deals.

The summer started with a reasonable (if clumsy) attempt by the government to stop incorporated individuals from taking advantage of the lower small - business tax rate, and ended with people such as Arlene Dickinson, the investor and Dragon's Den star, talking about an assault on entrepreneurship.

«By centralizing back office support and empowering CPAs and financial advisors with the tools they need to manage more complex tax, accounting, and wealth management strategies, top shelf financial and tax services become available to more people.»

South Korea «s largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday.

People have accomplished that by exploiting a giant loophole: The size of the tax deduction is based on a claim about how much the land's value is diminished by the promise not to develop it.

«I could see people doing this and getting shocked by the additional taxes they now have to pay.»

As it turns out, people with higher income levels are more likely than those of modest means to opt for HSA - qualified health plans, because they are less concerned by the potential out - of - pocket medical costs and more interested in the tax savings, according to Fronstin at EBRI.

«If somebody can pay most of their taxes by April 15, we'll have that person go on extension.»

Some people will oppose the new taxes, but congestion is taxing people in the region by $ 6 billion a year, Murray said.

Particularly crucial to their strategy is the belief that the American people will ultimately be swayed by the benefits of the tax reform package, a hope that was heightened after a multitude of companies announced the legislation had spurred them to offer bonuses to their employees.

But it also left the door open for people in certain areas to prepay their property taxes before it went into effect to get around the cap — according to the IRS, in areas where the property tax liability is assessed by the local government prior to the law going into effect.

On Monday, two powerful conservative leaders in the House declared the blueprint unacceptable because it relies on giving people refundable tax credits to purchase insurance — a policy mechanism that, in a very rough sense, resembles Obamacare's subsidies to buy mandated health coverage (and is therefore being slammed by conservatives as just another entitlement program).

As Gingrich pointed out, the rich have been particularly skilled at avoiding taxes, no matter how high the rate, by hiring the best people to help them find ways around the regulations.

Last week, he lambasted Trump on Twitter for failing to make his taxes public, writing that the Clintons» transparent tax payments, by contrast, make them «much smarter business people and negotiators.»

Only 30 % of Americans think that what is good for business is good for society generally, and 65 % of Americans think that most of the world's biggest businesses have taken unethical actions like dodging taxes; that view is widely shared by people in the survey, which was conducted in September.

A Treasury spokesman told the BBC: «We are taking action to support families with the costs of living by cutting taxes for millions of working people, doubling free childcare for nearly 400,000 working parents and introducing the National Living Wage - a significant pay rise for the lowest earners.»

The levels of employment attracted to Ireland and Luxembourg combined by their tax policies would have little impact on employment in the UK, home to at least 12 times more people.

(Though not by Norquist, who characterizes the maneuver as telling the American people, «we had a vote, but because we did it in an interesting order, please don't notice that we raised your taxes by $ 100 billion.»

Many of the business tax cuts in the Republican plan are simply windfalls for people who made business investments in the past — and even if investors are very responsive to incentives, they can't respond to the bill by investing more in businesses and creating more jobs in the past.

The Senate tax plan is not expected to include a 20 percent excise tax on imports by multinationals, according to people briefed on the issue.

One caveat: although the transactions can be structured to be virtually estate - tax free, the person who sets up the trust must pay income tax on all funds earned by the GRAT.

According to a 2010 report by the Joint Committee on Taxation, the official scorekeeper for Congress, about 3 percent of people who report business income would face a tax increase under Obama's plan.

«Instead Washington chose to cut taxes for corporations that send American jobs overseas, blow a hole in the deficit, and pay for it by cutting Medicare and kicking people off their health insurance.»

We're going to win again by slashing the business tax rate and making our companies competitive again,» this person added about what Trump plans to say.

This is the phenomenon by which people are pushed into higher income tax brackets or have reduced value from credits or deductions due to inflation, instead of any increase in real income.

Posted by Nick Falvo under aboriginal peoples, Alberta, cities, corporate income tax, demographics, fiscal policy, homeless, housing, income tax, Indigenous people, municipalities, Ontario, poverty, public infrastructure, Role of government, social policy, taxation.

Posted by Nick Falvo under aboriginal peoples, Alberta, child benefits, Child Care, corporate income tax, debt, early learning, fiscal federalism, fiscal policy, homeless, housing, income distribution, income support, income tax, Indigenous people, inequality, minimum wage, NDP, poverty, social policy, taxation, women, working time.

Meeting in Lough Erne in Northern Ireland on 17 - 18 June 2013, the Group of Eight (G8) finance ministers discussed the themes of «Tax, Trade and Transparency» and agreed to make sure the world's poorest people benefit from the natural resources of their various countries by improving the transparency of their extractive industries and land rights.

And yet last week, given an opportunity to tweak their bill before final passage, to make it something the American people might like a little better, the main change Republicans made was to lower the top tax rate — the rate paid by the richest Americans — even more.

He addressed this problem a bit by lowering the bottom rate to 10 percent from 12 percent in the campaign plan, but it's still likely that a Trump proposal that includes these elements will result in a tax increase for millions of middle - class people, and the lower standard deduction doesn't help:

Program expenses were lowered by $ 5.4 billion in that Update, with all three major components contributing to the decline: major transfers to persons down $ 1.8 billion, primarily due to lower employment insurance benefits; major transfers to other levels of government, down $ 1.4 billion, primarily reflecting the recovery of the sales tax harmonization transitional payment from British Columbia; and direct program expenses, down $ 2.2 billion, due to lower other transfers.

A Delaware income tax return must be filed by any Delaware resident with a Delaware adjusted gross income (AGI) of $ 9,400 or more for single filers or married persons filing separately or $ 15,450 or more for joint filers.

The one major point in favor of your argument that you didn't highlight is that most people using a Roth IRA assume that they'll make more money in the future than they do today, thus realizing a lower tax rate by paying taxes now than they would have in the future (even assuming tax rates stay constant).

Remember, if the government gives us a tax cut they'll still have to make up the budget shortfall somehow, chiefly by selling more bonds to American citizens (who happen to be the same people getting the tax cut) or foreigners (who will raise the money by selling us more of their goods and services, or buying less of ours).

If you spend your tax cut you are in fact spending borrowed money, lent to you by the people who bought the bonds.

Muni funds are usually traded by people with in the higher tax bracket because these funds are except from federal taxes... Sometimes even escape state taxes as well.

The result is that by that year, when the individual cuts expire, most Americans will be worse off due to higher taxes and lower health care coverage, while rich people who own shares in corporations will continue to benefit.

The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a lower tax rate would spark so much additional investment in the United States that it would bid up wages and leave the middle class better off through its indirect effects.

Remuneration of a covered employee paid by an applicable tax - exempt organization includes amounts paid by a related person or government entity if the person or entity controls, or is controlled by, the applicable tax - exempt organization; is controlled by a person, or persons, that control the organization; or is a supported or supporting organization.

Posted by Nick Falvo under aboriginal peoples, Balanced budgets, child benefits, Child Care, corporate income tax, CPP, debt, deficits, early learning, economic thought, federal budget, fiscal federalism, fiscal policy, homeless, housing, income distribution, income support, income tax, Indigenous people, inequality, labour market, macroeconomics, OECD, Old Age Security, poverty, privatization, public infrastructure, public services, Role of government, social policy, taxation, women.

The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a large share of the tax is paid by workers in the form of lower wages.

Posted by Nick Falvo under aboriginal peoples, Austerity, budgets, Child Care, corporate income tax, debt, deficits, economic growth, economic models, economic thought, employment, fiscal policy, health care, income, income distribution, income support, income tax, Indigenous people, inequality, NEO-LIBERAL POLICIES, population aging, post-secondary education, poverty, public infrastructure, public services, Saskatchewan, social policy, taxation, unemployment.

Posted by Nick Falvo under child benefits, Conservative government, corporate income tax, early learning, economic crisis, education, fiscal federalism, fiscal policy, housing, income support, income tax, Indigenous people, inequality, minimum wage, Ontario, poverty, progressive economic strategies, recession, social indicators, social policy, taxation, unemployment.

Being taxed by the government is a certainty, but it shouldn't incentivize people to minimize their income potential.

At a moment when the Republicans are talking about entitlement reform, and Ben Carson, the Secretary of Housing and Urban Development, is proposing to triple the rents of some of the poorest people in the country, the sight of big banks reporting surges in profits that were fuelled by tax cuts raises alarming moral questions.

All told, though, the plan is, like its House counterpart, a proposal to dramatically slash corporate tax rates, open up a big new loophole for wealthy individuals, and pay for the cuts by dramatically expanding the national debt and ending a number of tax deductions that could leave a substantial share of middle - and upper - middle - class people paying more.

Corporate income tax revenues were higher than expectedin 2012 - 13 and are expected to continue to be higher than originally projected in their April 2013 Economic and Fiscal Outlook The lower EI benefits «are driven by a lower expected number of regular beneficiaries to unemployed persons», or in layman's terms, fewer people are claiming benefits than those claiming to be unemployed.