Sentences with phrase «gets tax breaks as»

Avella added that if MLS gets tax breaks as has been rumored, in his eyes it would contradict the league's claims that the stadium would be built without public money.

Policyholder may get a tax break as the government is seeking for the promotion of health insurance.

Not exact matches

Goldman Sachs won't be getting as big of a break from tax reform as it had anticipated, delivering another blow to its shareholders.

Taxpayers who qualify as real estate professionals generally have been able to get a bigger tax break for those losses, which could prod some people to try passing as one for tax purposes.

Governments generally get a much bigger stimulus bang for their buck when they spend directly on projects, such as roads and bridges, rather than giving cheques or tax breaks to individuals, who may choose to bank the money instead of spending it.

I also see U.S. corporations getting a significant tax break which has the potential to bring more overseas jobs back to the U.S. as well as corporate tax dollars sitting offshore back home because they are not paying one of the highest corporate tax rates in the world.»

Taking the cost of the equipment as an immediate expense deduction allows the business to get an immediate break on their tax burden whereas capitalizing then depreciating the asset allows for smaller deductions to be taken over a longer period of time.

As tax reform gets underway, there will be disagreement about which tax breaks should be eliminated or reformed and which should remain.

So we won't get any tax break from the government, he is diagnosed as gluten intollerant.

For the record, it limits the ability of all candidates to raise money as most big donors are throwing money at getting their tax breaks or government hand - outs ensured.

NYS Director Mike Durant released the following statement this afternoon urging Gov. Andrew Cuomo and the Legislature not to overlook what got us into this high - tax mess as they mull rejiggering the tax code to provide breaks for the middle class and higher (than pre-millionaire's tax levels) rates for the rich.

Assemblyman Francisco Moya, a Queens Democrat who's running for the NYC Council, simultaneously claimed primary residences at two different addresses to get a mortgage and a tax break — prompting his ex-con opponent, former Sen. Hiram Monserrate, to blast him as a «liar» and a «fraud.»

A new campaign finance report reveals that some oil and gas companies that got a special tax break from the GOP tax bill donated to the House's top tax writer, even as Congress was finalizing the legislation.

As a result, he said, there are two classes of owners in the community — those whose homes are getting the tax break and those who aren't.

The 15.3 % FICA tax is broken down as follows: Social Security (Employee pays 6.2 %) Social Security (Employer pays 6.2 %) Medicare (Employee pays 1.45 %) Medicare (Employer pays 1.45 %) That's why they want to get rid of it.

«So I don't think it is as simple as saying a tax break then that will encourage people to get married.

Other issues seemed increasingly likely to be pushed to next year, such as ride - sharing — its backers were pessimistic they would get a deal to allow an upstate expansion — and the tax break and development program known as 421 - a, which was the subject of some last - minute negotiations with little progress.

«Why shouldn't we be first to say that we think it's important that, if you get a tax break, that you pay your female employees the same as your male employees for comparable jobs with comparable experience?»

The home buyers could well afford the extra tax, Mr. de Blasio said, especially because high earners were «about to get a major federal tax break, as everyone knows.»

But every special interest that gets a tax break is likely to fight to keep it, as are lawmakers who see certain tax breaks as important to their districts.

But in the governor's budget, Start - Up NY is rebranded as the Excelsior Business Program, and it is easier to participate, with companies required to create only one new job to get the tax breaks.

In the end, the Governor and the state legislature came together in December and quickly passed a bill restructuring the tax code so that millionaire's wouldn't get as big of a break as they had been expecting — creating roughly $ 1.5 billion more in revenue.

Three people familiar with the commission's deliberations told Capital that rather than an income - tax cut, which was hinted at by committee co-chair and former governor George Pataki, committee members are instead focusing on some sort of property tax «circuit - breaker,» where individuals would get a break on local levies if their property taxes were adjudged to be too high as a function of their income.

The de Blasio camp said its plan would allow people with incomes as low as $ 31,000 to get apartments and would end tax breaks for luxury condos.

The real estate industry is desperate to renew a tax break known as 421 - a, which spurs new apartment building development, and Assembly Speaker Sheldon Silver says developers won't get that renewed unless they agree to change the rent laws.

To be sure, the legislation creating the — take a deep breath — SUNY Tax - Free Areas to Revitalize and Transform UPstate NY program allows expansions as well as true start - ups so long as a business is not cutting employees somewhere else and moving them to a START - UP zone simply in order to get the tax breTax - Free Areas to Revitalize and Transform UPstate NY program allows expansions as well as true start - ups so long as a business is not cutting employees somewhere else and moving them to a START - UP zone simply in order to get the tax bretax break.

As START - UP NY participants, the firms will pay no income or property taxes for a decade, and employees also get a 10 - year break from income taxes.

«The flow of the workout means you get ample rest breaks, so it's not as mentally taxing.

, and of course she immediately loses her phone as the chase starts, which means that she has to get her cute little boy back the old - fashioned way: by tailgating the diabolical Mustang down the roads and wetland causeways of the great, tax - break - friendly state of Louisiana.

There is no tax break, no welfare reform, no marriage education program, no public service campaign... that can reduce out - of - wedlock birth rates and divorce rates to what they were as recently as when the Everly Brothers beseeched «Little Suzy» to wake up lest their reputations get shot.

In Britain, you can only get the long wheelbase as a TDV8 (diesel) or the full - fat 5.0 - litre supercharged V8, although the 3.0 - litre diesel V6 is to be sold in some markets where tax breaks favour smaller engines.

Why does Amazon get the tax breaks to do that, let alone why does it itself find a way in which to attribute profits to those parts of its global empire where the tax rate is as low as it can be?»

Despite the fact that employment numbers from 2010 show that more than 50,000 people worldwide — a number that surely has increased in the last three years as the online retailer has grown — got up each morning and went to work thanks to Amazon, Daunt's accusations are leveled at the way the government is allowing companies like Amazon to enjoy publicly - funded tax breaks while taking jobs from the same working citizens who funded those breaks.

No, you don't get a tax break for contributing money, as you do with an RRSP, but your money grows tax free inside the TFSA — and, unlike an RRSP, when you withdraw your money, you don't pay a penny of tax.

The factors that come into play are: your State's taxes (you normally get a State tax break for using your State's plan), variety of investments available, as well as, fees associated with the account and the funds.

Based on that, some people conclude that they MUST have a huge mortgage just for the sake of getting the tax break, as if it were some great deal the government offers and it just can't be passed up.

Since you get a break on your income taxes as a result of having your mortgage, paying it off should be less urgent than paying off debt that has no tax advantage.

Not everything would apply to me (I don't smoke), and because we can also can take advantage of various tax breaks, including what we get back from RRSP contributions, things may not be as bleak as the Fraser Institute makes it sound.

Aside from relieving existing debt, she wants to expand the Pell Grant program to assist low income students as well as ensure middle and lower class families get tax breaks.

You may also be able to get additional tax breaks by creating your own business if you're working as a 1099 employee.

Yet there's an upside to this reality: Interest on a home loan is deductible on your taxes, so early on you will get a big tax break that dwindles as your equity rises.

You get no initial tax break, but all future earnings and withdrawals are tax - free as long as your account has been open at least five years and you are at least age 59 1/2.

A traditional IRA offers a tax deduction for your current year taxes — and who doesn't want to be able to get as many tax breaks as possible?!

For many people the tax deduction is considered as a perk of being a homeowner, and for many people getting the tax break is viewed as a right.

While having a mortgage payment is not as bad as paying consumer debt (the interest is lower and you get a tax break), it is still an obligation.

Potential Tax Benefits: As I've mentioned before, I'm not a big fan of buying something just to get a «tax break&raquTax Benefits: As I've mentioned before, I'm not a big fan of buying something just to get a «tax break&raqutax break».

Just as importantly, you get the best tax break going on dividend income from Canadian stocks held in non-registered accounts.

If you are not breaking even based on your costs, then it becomes an exercise that can lower your overall taxes (you could potentially get back some of the tax you paid through PAYE), but tax authorities generally take a dim view of deductions from loss - making businesses as it is a method people some people try to use to avoid taxes.

Basically, as long as you invest in a longevity annuity that meets certain guidelines and is designated as a QLAC, you can invest up to $ 125,000 or 25 % of your 401 (k) or IRA account balance (whichever is less), delay receiving payments until as late as age 85 and get a nice little tax break, namely, you don't have to include the cost of the QLAC in calculating RMDs, or the required minimum distributions you generally must start taking from retirement accounts starting at age 70 1/2.

As a result, homeowners near the end of their loan term are not going get much of a tax break.