Sentences with phrase «for federal taxpayers»

Still, one thing's clear to me: it's screwy for federal taxpayers to spend 12 times as much on school turnarounds ($ 3 billion) as charter start - ups ($ 250 million) when the latter appear to be four times more likely to succeed than the former.

And if so, isn't he arguing for federal taxpayers to just leave the money on the stump?

The price tag for federal taxpayers in 2017 is about $ 7 billion.

Not exact matches

By narrowly focusing on the $ 10,000 SALT cap, state lawmakers are pursuing an economic fix for the very taxpayers who will benefit most from the federal tax bill.

But taxpayers would, the argument goes, be allowed to fully deduct the amount on their federal tax returns because the new law still allows most charitable giving to be deducted for federal tax purposes.

However, most donors don't take a deduction for their charitable contributions: Federal data show that in 2016, taxpayers claimed $ 57.55 billion for their donations, with most of the deductions going to higher earners.

The estimated federal tax savings below are for a single, childless taxpayer who owns a house valued at three times their salary.

The estimated federal tax savings below are for a single, childless taxpayer who claims the standard deduction.

ALBANY, N.Y., March 31 - New York Governor Andrew Cuomo and the state legislature agreed late on Friday on a $ 168 billion budget for fiscal 2019, including measures aimed at offsetting damage to taxpayers from new federal tax changes.

Between 2010 and 2012, taxpayers in the Peach State claimed about 36 % of all federal tax deductions for easements — despite having only 2.5 % of the nation's land under easement, according to a May 2017 report that Looney, the former Treasury official, published for the Brookings Institution, where he's now a senior fellow in economic studies.

Taxpayers who prepay their 2018 - 2019 property taxes in 2017 can't deduct the prepayment on their federal tax returns because the county won't assess the property tax for the 2018 - 2019 tax year until July 1, 2018.

Although most high - income taxpayers claim a SALT deduction, the federal individual alternative minimum tax (AMT) limits or eliminates the benefit for many of them.

A federal agency that insured more than half of all loans for first - time homebuyers last year may soon look to taxpayers to shore up its dwindling finances.

By enabling taxpayers to opt - in and pre-register with FEMA and the SBA through their tax filings, citizens can be spared the aggravation and delay in applying for federal disaster aid.

The federal tax schedule or table is a chart devised by the Internal Revenue System that aids the taxpayers in determining the federal income tax incurred for a particular year.

Kansas allows itemized deductions, but only for taxpayers who claim itemized deductions on their federal tax return.

Keep in mind, the majority of education tax breaks are designed for taxpayers who are single filers or who use the «married filing jointly» filing status on their Federal return.

For every Tesla car sold (up to No. 200,000), federal taxpayers kick in $ 7,500 to lower the costs.

10 year Illinois debt is yielding approximately 4.3 % (Federal tax exempt, State tax exempt for IL taxpayers and not subject to 3.8 % Obamacare investment tax).

About 1 million taxpayers are eligible for about $ 1.1 billion in unclaimed federal income tax refunds for their 2014 federal income tax returns.

Taxpayers should take note that similar arguments for government «investments» in a business were put forward back in 2009 when the federal and Ontario government opted to «invest» in General Motors and Chrysler.

But given that the tax bill severely curtails the state and local deduction for most if not all individuals, many more taxpayers could take advantage of state - level initiatives that essentially reclassify state and local tax payments as federal charitable contributions.

But if the state issued a dollar - for - dollar state tax credit for charitable contributions made to, say, the state's general infrastructure fund, the first $ 6,000 donated, though reducing state tax liability by $ 6,000, does nothing to lower federal taxes owed because the taxpayer would still take the standard deduction.

Despite strong support for sending federal Conservatives to Ottawa, Alberta is now a much more progressive and moderate province than it was 20 years ago, when a young Mr. Kenney was roaming the halls of the Legislature as the spokesperson for the taxpayers federation.

Kleck just learned that almost immediately after the publication of his study, the Centers for Disease Control and Prevention (CDC), a federal agency that receives more than $ 11 billion of taxpayer money every year, conducted its own study of the matter.

As the Trump administration rolls back the greater regulatory scrutiny the for - profit college industry has faced during the last several years, it is private equity that stands to benefit the most, posing continuing dangers to students, taxpayers, and the integrity of the federal financial aid system.

For tax year 2017, taxpayers who itemize can write off their state and local income, property and general sales tax payments on their federal tax return.

The IRS is empowered by the federal government to take extreme measures to hold taxpayers responsible for paying their taxes.

Responding affirmatively in a letter to the editor published the next day, NAHB Chairman Kevin Kelly said that Rep. Carney's House bill to maintain a proper federal role in housing would encourage the private market to take a greater role in the mortgage marketplace and provide stability and liquidity for homeownership while limiting taxpayer exposure in the event of another downturn.

The AMT is a complicated tax calculation that is intended to eliminate the potential for taxpayers to report large financial accounting profits while reporting little taxable income for federal income tax purposes, thus, paying little or no tax.

«Whether or not an insurance exchange is established by the federal or state government,» Charmaine Yoest, AUL Action president, said, «it receives taxpayer dollars, which should not be used to pay for abortions and life - ending drugs and devices.»

She has also advocated for ending the pro-life Hyde Amendment, first enacted in 1976 and passed in some form ever since, which prevents taxpayer funding of elective abortions through federal programs like Medicaid.

«Federal taxpayer subsidies are helping pay for over 1,000 health plans that cover abortion on demand, and [last week's] Supreme Court decision underscores that only Congress can put a stop to that,» said Carol Tobias, president of National Right to Life Committee (NRLC).

«This decision again demonstrates the need for enactment of the No Taxpayer Funding for Abortion Act, which would permanently prevent taxpayer subsidies for abortion - covering health plans, both in ObamaCare and in other federal health benefits programs.»

She praised Trump «for protecting the conscience rights of American taxpayers and prioritizing federal funding for organizations that protect life over those that take it away.»

As for their salaries, the «operation of the program» is funded through (a) federal reimbursement, which is derived from taxpayer dollars and (b) cash payments from district parents who can afford to pay for all or a portion of their children's meals.

The campaign fights such «license to discriminate» bills on the state and federal level and builds support for the Every Child Deserves a Family Act, a federal bill prohibiting child welfare agencies that receive taxpayer funds from discriminating against LGBTQ youth or prospective foster and adoptive parents.

Westchester County Executive George Latimer pointed to the $ 10,000 cap on state and local tax deductions by the federal government as having «changed the game» for taxpayers in New York, making the limit on tax levy increases all the more important.

Tenney says the $ 15 million gondola planned for the New York State Fair is an unnecessary waste of taxpayers» money, and she'll oppose granting the federal approval needed for the project.

Costs for the state's air pollution control system, which under federal law must be paid for by polluting industries, keep sinking under a rising tide of red ink that taxpayers keep bailing out.

WASHINGTON — Rep. Aaron Schock, R - Ill., has repeatedly spent taxpayer and campaign funds to rent aircraft that are not certified charter services, despite House rules and federal law that generally prohibit the use of private aircraft for official and campaign use.

Taxpayers could donate to the funds as a substitute for paying a portion of their property taxes and then receive a charitable donation tax credit on their federal tax forms.

By eliminating the single largest expense in county budgets, federal legislation mandating a state takeover of local Medicaid costs promises relief for property taxpayers across New York.

That means taxpayers would no longer be able to deduct the amount they pay in state and local taxes — like income or property taxes — from their federal tax return, making it more burdensome for high - tax states to raise money for transit improvements.

Thanks to a new state law, East Hampton taxpayers will have the right to force a vote on whether the town should accept money for East Hampton Airport from the Federal Aviation Administration, which imposes rules on how airports function as a condition of providing funding.

Gov. Andrew Cuomo, pictured in an undated file photo, said Tuesday, May 24, 2016 he wouldn't reveal how much he expects taxpayers will pay for an internal review by a private attorney he hired to look into his administration's handling of the Buffalo Billion development project, which is now under federal investigation.

A Brooklyn federal judge last week sentenced former state Sen. Shirley Huntley to a year and one day in prison for stealing taxpayer dollars,?

Gov. Andrew Cuomo is investing $ 750 million of taxpayer funds and the hopes of a community desperate for an economic recovery in a company that is losing money, weathering two federal investigations and facing, by its own admission, an uncertain economic future.

And then (this part is new and part of Paladino's pre-primary media blitz), the focus turns to the «former liberal Congressman Rick Lazio,» who «voted for higher taxes and increased federal spending» and «took a $ 1.6 million bonus from a huge Wall Street bank getting a $ 25 billion - dollar taxpayer - financed bailout.

Cuomo is also pushing to expand charitable deductions for taxpayers in New York that could let them recover from the federal cap on deductions — a move that follows the broad outlines being considered by California officials, another high - tax state that is reacting to the SALT cap.