Sentences with phrase «enough tax hit»

As you might expect, the petrol XC40 takes a hit on fuel efficiency and CO2 emissions; at 152g / km, the T3 probably has a big enough tax hit for lots of company car choosers to overlook it.

This is a big enough tax hit that owners are often left with little equity to acquire another investment property of similar or greater value, or they simply choose not to sell.

Not exact matches

If you don't have enough savings, maybe you've decided it's not a big worry because you are planning to move to a state with low or no income tax, so your overall tax hit will be lower.

Opponents of the estate tax like to pretend that it's really about a defense of small farmers, such as when White House chief economic adviser Gary Cohn said, «You have a family farm that's big enough that it's going to hit the estate tax, you start paying lawyers, consultants, and accountants to break up your land, and break up your farm» (Source).

After you hit the threshold that society deems large enough that you won't be caring much about your expenses, the excess money gets taxed significantly so as to level the playing field - which is good, one could argue, else wealth would become ever more concentrated in the same families» hands.

Those with a spare room are hit by the bedroom tax, despite there being not enough smaller houses for them to move to.

«The previous government significantly increased spending on benefits and tax credits for families with children, and child poverty fell by nearly a quarter between 1998 and 2009, but this was still not enough for the government to hit its child poverty targets.

While heaping plates of rehash were served up, Cahill did make the point that in his estimation Hein has more than enough in surplus stashed away to easily weather the estimated $ 6 million hit the part - year loss of a percentage point on the sales tax will cost the county.

If you invest in a taxable account, you can use that to retire early if you get ahead far enough and save the tax advantaged funds until you hit the government approved retirement age for withdrawal.

Part of that is understandable: If you donâ $ ™ t have enough tax withheld throughout the year through payroll deductions or quarterly estimated tax payments, youâ $ ™ ll be hit with an underpayment penalty come April 15.

OTTAWA — The tax rules are changing in 2016 and even if Canadians don't make enough to be hit by the new top federal income tax rate, their financial plans are going to need to be reviewed.

Under one version of the proposal, about 1 million families would be hit with a 4.3 percent surtax on income over $ 500,000, which would raise enough money to permit Congress to abolish the alternative minimum tax for millions of households earning less than $ 250,000 a year, according to Democratic aides and others familiar with the plan.

We all know federal taxes are poised to rise next year, but one little detail isn't getting enough publicity: the planned 3.8 % Medicare surtax scheduled to hit single / joint filers with AGIs over $ 200,000 / $ 250,000 will not apply to qualified payouts from Roth accounts.7

Although, if you have a large enough estate, you may have to do some careful asset planning to avoid getting hit with the estate tax or your state's inheritance tax.

As if we didn't already pay enough in the way of taxes, beginning January 16, 2012 we will have another to contend with, that being the G - fee hit ordered by Congress and the FHFA with respect to pricing adjustments.

The unfunded pensions in every city and county sucks up so many tax dollars that there are not enough regulations and fees that can be implemented to pay for them all, and the housing sector is the biggest industry being hit.