Sentences with phrase «eliminate the tax burden»

While it's not as generous as taking the grant approach, it does eliminate the tax burden on the employee and it means any gains are taxed at a long - term rate depending on the holding period.

Introduced on February 16, 2017, by Senators Chris Coons (D - DE), Angus King (I - ME) and Rob Portman (R - OH), the Stop Taxing Death and Disability Act would eliminate this tax burden.

You can claim a credit for any taxes you pay to a foreign government, which may eliminate your tax burden to the IRS.

Until 1997, even money resulting from the profitable sale of a personal home was subject to capital gains tax, although there were some ways to lessen or eliminate the tax burden.

To minimize or eliminate the tax burden for your heirs, you may wish to consider permanent life insurance to cover taxes and the cost of an estate settlement.

Provisions that would eliminate this tax burden have wide bipartisan support and are close to passage this year.

Not exact matches

«Eliminating or significantly modifying this deduction will lead to higher tax burdens for tens of millions of middle - class taxpayers of every political affiliation, an outcome contrary to the stated goal of providing meaningful relief to taxpayers,» said the letter co-signed by outgoing NCSL President Deb Peters, of South Dakota.

Earlier, Santorum came out against Herman Cain's «999» plan because it would shift the tax burden to low income Americans and eliminate the earned income tax credit.

In that time, New York has raised taxes, created a culture of out of control state spending, increased regulatory burdens, and stood by as thousands of New York businesses have closed, moved out of state or endured economic hardships that have forced them to reduce their investment in our economy and eliminate private - sector jobs.

New York's 2014 corporate tax reform is an impressive first step toward tackling this problem by broadening bases, lowering rates, reducing burdens, and eliminating needless complexity.

Day subsequently sponsored a resolution calling upon the state to eliminate the mobility tax burden for Rockland, as well as Orange, Dutchess and Putnam Counties, whose collective representation on the MTA board amounts to a vote of one.

Retailer eBay also sent an email to its New York customers, urging them to contact their legislators and «eliminate harmful tax burdens for small businesses and consumers.»

While this year's tax decrease is a great start, we must continue to do everything we can to further eliminate the burden this area's high taxes have on area residents and businesses.

The controversial reform plan that is still being negotiated in Washington, D.C. would either modify or completely eliminate the ability of New Yorkers to deduct state and local taxes from federal tax burdens and likely have deep economic impact for

Reporters and editorials have stressed that eliminating the deductions for state and local taxes (SALT) including property taxes, as in the Senate bill, will heavily impact Democratic leaning states with higher tax burdens, but the Governmental Finance Officers Association (GFOA) reports that eliminating SALT deductions from the tax code will have a broadly negative impact on tax payers in all states.

Perdue was particularly enthusiastic about lifting the tax burden on small businesses and eliminating the «death tax» on inherited property.

Among other things, eliminating the deductibility of the tax could force states to shift a greater share of the tax burden onto homeowners.

The SSUTA provides one uniform system to administer and collect sales tax, eliminating the burden of the country's diverse sales tax systems on retailers.