Sentences with phrase «doubled standard»

We nearly doubled the standard deduction, meaning a married couple will not have to pay one dime of income tax on the first $ 24,000 that they earn.

That's because the bill roughly doubled the standard deduction.

The Tax Cuts and Jobs Act nearly doubled the standard deduction that can be taken with «no questions asked.»

In addition, far fewer people will take those deductions going forward, because most people will use the new doubled standard deduction of $ 24,000 for a married couple.

At this point, across - the - board rate cuts will be in effect, as well as a doubled child tax credit and a nearly doubled standard deduction (the latter two provisions offsetting the elimination of personal exemptions from the individual income tax).

In December 2017, President Trump signed a tax reform bill that nearly doubled the standard deduction, which means far fewer people will itemize going forward.

That includes the increased child tax credit, the doubled standard deduction, the estate tax cut, repeal of the alternative minimum tax, and even the tax break for pass - through business income.

«Now that they've doubled the standard deduction, there may be people who are no longer eligible to itemize,» said Greene - Lewis.

That would mean their proposals — lowered individual rates, doubled standard deduction, increased child tax credit, and repeal of the alternative minimum tax — would sunset after 2025.

Major changes include lower tax rates on individual income, a roughly doubled standard deduction ($ 12,000 for singles and $ 24,000 for married couples who file jointly), and sharp limits on a slate of itemized deductions, including a $ 10,000 cap on the break for state income, sales and property taxes.

Many of those companies rely on middle - and low - income shoppers for the bulk of their sales, and changes to individual taxes — such as doubling the standard deduction — will increase discretionary income.

Or at least helped along to their doom by a double standard.

I'm pretty sure there isn't a woman in the business world who can't relate to that double standard.

You can rail against the unfairness of this double standard, but a recent study out of the University of California at Berkeley has another, more retrograde suggestion: Try flirting instead.

«It's a cultural stereotype and harmful double standard that we need to change.

«I don't think we should have a double standard for ourselves.»

The double standard makes no sense whatsoever when you consider the damage done by the offense.

The problem is, those double standards will continue to exist as long as reviewers continue to feed into them by excusing bad writing in favour of chainsaw gore.

The double standard in criminal justice in this country is starker and more embedded than many realize.

Most notably, the new legislation almost doubles the standard deduction.

Henna Inam of Transformational Leadership: «As a leader facing double standards, you have to decide who you are going to be that best inspires yourself and serves the greater good.

Is there a double standard when it comes to sharing news of professional accomplishments?

The event was a breaking point in the community's resentment of L.A. police chief William Parker «and what they considered his double standard toward [African Americans] and whites,» according to LIFE magazine's editorial prefacing its Aug. 27, 1965, cover story on the riots.

The «Tax Cuts and Jobs Act,» which President Donald Trump signed into law on Dec. 22, doubles the standard deduction to $ 12,000 for single filers and $ 24,000 for joint filers who are married.

Carl Tobias, a University of Richmond professor and expert on judicial nominations, said that when it comes to a discussion of the blue - slip process, there's a «double standard» that is «inappropriate.»

In his dissent, Pai's main complaint was with what he saw as a double standard: He said that the order unfairly stuck ISPs with stricter rules than internet companies like Google, which are able to harvest and monetize personal data more freely under looser guidelines from the Federal Trade Commission.

This is the double standard at the heart of masculinity: Men are taught to regularly say and do things to women that they would never say or do to other men, that they would never want men to say or do to them.

For many black men, that double standard starts very young.

Renzi regularly denounces a double standard in European politics, notably on fiscal rules by pointing at the excessive German trade surplus (currently 8 %).

Moreover, the leader described a direct link between this double standard and the rise of populist parties in several European countries — namely Greece, Poland, Portugal and potentially Spain.

Keeping that in mind, the way to sell yourself on maximizing your productivity is to realize that with a super-dialed calendar and well thought - out workday strategy, you can perform at double your standard capacity.

It would offer a mixed bag for individuals, including middle - class workers, by roughly doubling a standard deduction that does not require itemization, but eliminating or scaling back other popular itemized deductions and exemptions.

Both versions of the bill would cut taxes by about $ 1.5 trillion over the next decade, slashing the corporate tax rate and doubling the standard deduction used by most Americans.

The goal of the Trump tax plan is to deliver a tax break to middle income families by lowering rates and doubling the standard deduction, Hassett said.

Monster.com career expert Vicki Salemi and Moneyish's Nicole Lyn Pesce join Catey Hill and Quentin Fottrell to talk about why wearing a cheerful expression is another double standard that working women face — even though it often has no impact on job performance.

By nearly doubling the standard deduction, they gave a lot of taxpayers a good reason to not itemize their deductions.

Standard deduction: The bill essentially doubles the standard deduction from $ 6,350 to $ 12,200 for single filers and from $ 12,700 to $ 24,400 for joint filers.

The Trump tax plan will nearly double the standard deduction to $ 12,000 for individuals and $ 24,000 for married couples filing jointly.

Be smart about charitable gifts: The new tax rule nearly doubles the standard deduction to $ 12,000 for single filers and $ 24,000 for those who are married and file jointly.

If anything, there should be concerned about the ideological double standards of yet another tech giant.

The company ended up billing the utility above - market rates for expenses, charged nearly double the standard wages for line crews, and used expensive charter flights to bring in supplies.

Standard deduction and personal exemptions: The new law effectively doubles the standard deduction to $ 12,000 for single filers and $ 24,000 for joint filers.

This is what I wrote about in the Financial Times yesterday: the U.S. refusal to cooperate with other countries, above all its double standard insisting that other countries must turn their foreign - exchange surpluses over to the U.S. Treasury to promote U.S. financial markets at their expense — and the demand that any country running a trade surplus with America spend the money on U.S. arms — is so abhorrent that other countries are proceeding to create an alternative global financial system of settling trade and balance - of - payments transactions without the United States.

The problem is that if salaried employees are not punctual, but expect their hourly workers to be on time, there is the appearance of a double standard, Mr. Faulkner said.

Standard deduction: The new law would roughly double the standard deduction to $ 12,000 for single filers and $ 24,000 for joint filers.

In April, the administration released its tax proposal, and while it indicated that it would «protect the homeownership and charitable gift tax deductions,» the proposal sought to double the standard deduction, which would effectively mute the mortgage deduction benefit for many American homeowners — except the wealthiest.

The initial version of the Trump tax plan keeps the MID in place, but by doubling the standard deduction, reduces the number of households that will benefit from claiming the deduction.

As a whole, the Republican tax plan will cut income tax rates for individuals and businesses, and double the standard deduction rates.

In April, the administration released its tax proposal, and while it indicated that it would «protect the homeownership and charitable gift tax deductions,» the proposal sought to double the standard deduction, which would

Be Smart about Charitable Gifts: The new tax rule nearly doubles the standard deduction to $ 12,000 for single filers and $ 24,000 for those who are married and file jointly.