Sentences with phrase «effective tax rates»

• As shown in the example above, the clawback of GIS creates huge effective tax rates on withdrawal.

The length of time to consider will matter, too: if you'll have to pull the money out in a few years anyway, then it may make sense to withdraw early, as the difference in growth rates may not add up to much compared to the difference in effective tax rates of the withdrawal.

That's because businesses use deductions and expenses to reduce their tax bills, and their effective tax rates vary significantly.

In its distributional analysis, TPC includes the following federal taxes in its calculation of effective tax rates: individual and corporate income taxes; payroll taxes for Social Security and Medicare; excise taxes; and the estate tax.

Because of the different income measures and the differences in the taxes that we have included over time, users should take care when comparing effective tax rates between tables using the ECI and older tables that used the narrower income definitions.

TPC has, however, posted its historical series on effective tax rates going back to 2004 and projected forward to 2024 using the new income measure.

Beginning in July 2013, TPC calculates effective tax rates using a broad measure of income called Expanded Cash Income (ECI).

Effective tax rates help us to know how much of our income is going to pay income taxes, rather than predicting what rate additional income will be taxed at.

For starters, there's «bragging rights» — both marginal and effective tax rates are an indication of higher income and thus a subtle way to brag about it.

On Tuesday, Apple executives defended their tax practices at a Senate hearing, claiming that it pays one of the highest effective tax rates of any major corporation.

Extremely high effective tax rates also impact lone parents who want to work more than 16 hours a week.

As already discussed, data on effective tax rates indicates that we do.

Untackled effective tax rates of 85 % on those on low incomes who need Housing and Council Tax Benefit.

Mr Littlewood said of the universal credit: «Even under these new proposals, some people entering the workforce will face effective tax rates of 65 %.

Those most screwed are the middle class — the poor and the rich are subsidized heavily, often with negative effective tax rates.

The plan would raise the effective tax rates on higher earners who don't have minor children, but the top marginal income tax rate would go down to thirty - five percent from today's 39.

«The market rewarded firms with high effective tax rates for only three weeks post-election, but not since,» wrote Jonathan Golub, Credit Suisse's chief U.S. equity strategist.

Even though individual tax rates will move lower (and the standard deduction will increase), we expect that the effective tax rates for high - earning individuals in certain locations may increase.

Lower effective tax rates should help to bolster those gains going forward.

• Actions to reduce the high marginal effective tax rates, which currently penalize low - and middle - income Canadians.

That said, higher earners — those who tend to have the highest effective tax rates — are often unable to capitalize on tax credits because most phase out at higher income levels.

For that reason, it is useful to look at effective tax rates.

These components have differing effective tax rates.

Thus, listed rates (which apply to assessed values) are more than double the effective tax rates.

However, since taxes are applied to assessed value, which is less than 10 % of market value, effective tax rates (actual taxes paid as a percentage of home value) are far lower.

The table below shows average effective tax rates, median home value and median annual property taxes for every county in Nevada.

The table below shows effective tax rates for every county in Colorado.

The table below shows the average effective tax rates for every county in Kentucky.

The tax cuts that have been introduced certainly haven't contributed to lowering the high marginal effective tax rates that Canadian families face.

A good way to compare the overall tax burden between counties is to look at average effective tax rates.

Accordingly, our effective tax rates will vary depending on the relative proportion of foreign to domestic income, use of foreign tax credits, changes in the valuation of our deferred tax assets and liabilities, and changes in tax laws.

It ensures uniform and effective tax rates on the final sale price of products.

This means that many higher earners in high tax states are actually contending with higher effective tax rates.

And even with the modest increase contained in the proposed B.C. Budget on incomes over $ 150,000, a person with an annual income of $ 300,000 would still pay the fourth lowest taxes in Canada (only Alberta, New Brunswick and Newfoundland's effective tax rates are mildly lower).

High marginal effective tax rates deter second earners from entering the labor force.

«We have very high marginal effective tax rates,» Dodge said (around the 47 - minute mark) on the February 18 edition of CBC Radio's «The House.»

The table below shows average effective tax rates for every county in Minnesota.

Effective tax rates started diverging again in the late 1990s as globalization, the adoption of territorial tax systems and relatively high U.S. tax rates encouraged tax reduction schemes.

For years, retailers have paid some of the highest effective tax rates in the business world.

Most will likely be able to lower their effective tax rates further as a result.

A 30 - year rewind also is informative: The dispersion of effective tax rates of Russell 1000 companies peaked in 1986, just before the Tax Reform Act came into effect, and was followed by a decade long convergence, our analysis shows.

Expect multinationals to scrutinize the international rules to manage their effective tax rates; greater clarity on the taxation of foreign assets should help inform spending plans.

It is helpful, therefore, to look at effective tax rates.

Calendar - year data from Statistics Canada avoid this possible anomaly, facilitate comparisons with pre-tax profits, and allow the calculation of effective tax rates (i.e. revenue / profit).

The Howe released today yet another study on marginal effective tax rates on business (METRs) by Jack Mintz today, this time calculating METRs for many countries.

The different income components of GDP imply different average effective tax rates.

This is the Sweden that I've come to expect given stories abound with 50 % effective tax rates on incomes over $ 100,000.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

The table below shows the effective tax rates, median home values and median annual property tax payments for all three Delaware counties.

Average effective tax rates are calculated as median annual property tax as a percentage of median home value.