Sentences with phrase «generous child tax»

These include a more generous child tax credit, dependent care credit, adoption tax credit and credit for employer expenses for child care assistance.

A day after the bill's prospects wavered somewhat, Republican leaders notched two victories on Friday, when Senator Marco Rubio of Florida said he would vote yes after gaining a more generous child tax credit in the final bill and Senator Bob Corker of Tennessee, who voted against the initial Senate bill over deficit concerns, said he would support the legislation.

Not exact matches

While the most generous among us have to look out for incurring a gift tax, which is a tax designed to discourage sheltering income in «gifts,» you can contribute up to $ 14,000 per year, per child, and per donor.

Children eligible for the Disability Tax Credit receive more generous treatment: the age limit is 18 years and an extra $ 500 credit can be claimed.

Importantly, the Liberals introduced the more generous and tax - free Canada child benefit (CCB) to replace the taxable, Conservative, so - called universal child - care benefit.

The Budget declares that the Canada Child Benefit will be simpler, tax - free, better - targeted and «much more generous.»

«At the time, people looked at our plan for more generous and means - tested child benefits, tax increases for the rich and tax cuts for the middle class as a bit of a curiosity,» he said, according to a copy of his remarks.

1) Churches need to be a voice for economic justice for lower - income families by, for instance, advocating for more generous child and earned - income tax credits, as well as for the elimination of the marriage penalties embedded in many of our public policies directed towards lower - income families.

Sen. Marco Rubio, a Republican from Florida, told congressional leadership that he will not support the latest version of the GOP tax bill if the legislation doesn't make the child tax credit more generous — something that would drive the overall cost up still higher.

A tax break for working parents trying to meet childcare costs will be more generous than expected and include all children under the age of 12, the Government has announced.

Mrs Morgan said the government had announced a new range of generous bursaries and scholarships for next year, worth up to # 30,000 tax - free, «in the core academic subjects that help children reach their potential».

But it's not the most generous in all circumstances, depending on a family's income, the number and ages of their children and a state's income tax rates.

Your generous, tax - deductible gift of any amount, will help make an impact for low - income children right here in Philadelphia in one of our 15 independent Catholic schools.

In addition to publicly funded voucher programs, the foundation offers significant support to so - called voucher - lite programs that offer corporations and investors generous tax credits in exchange for contributions to a scholarship fund that covers tuition costs for low - income families that enroll their children in private schools.

So if you have incredibly generous parents who want to gift your child money for college, each grandparent is allowed to give a maximum of $ 14,000 annually (for a total of $ 28,000 yearly) without the funds being subjected to taxes.

First and foremost, it reiterates Trudeau's pledge to cut the tax rate for middle - income earners and provide a more generous child benefit to those who need it, all paid for by a tax hike on the wealthiest one per cent.

Countries where fertility rates are higher, such as France, Norway and Sweden, have more progressive governments, which provide generous maternity benefits, subsidized daycare and child tax deductions that make it easier for women to have both kids and jobs.