Sentences with phrase «in federal tax dollars»

The movement toward boarding schools for low - income students has made some of its greatest strides in the District, where both Maya Angelou and the SEED Public Charter School receive an extra $ 14,000 in federal tax dollars each year for every student who lives on their premises.

These schools are sharing $ 5 billion in federal tax dollars in a massive, three - year rescue effort, but no one nationally is tracking how the money is spent and no one can say whether the influx of cash will end up helping kids.

Furthermore, projects supported through Clean Energy Victory Bonds will create jobs and business revenues that will bring in federal tax dollars while simultaneously reducing health and environmental costs nationwide.

For instance, during the recent stimulus bill, Billions of dollars in federal tax dollars were diverted to states to cover budget shortfalls, which had the indirect effect of preventing municipalities from declaring bankruptcy.

Not exact matches

Canada made its name in Hollywood as a low - cost location in the days of the 65 cents dollar, and since a federal film tax credit was instated in 1997, each province has been scrambling to stand apart.

For residents in 26 states and in D.C., the combination of state and federal taxes take at least one in five dollars they earn over the course of the year.

They found the federal treasury lost at least half a billion dollars in tax revenue that would have been paid had individuals not been able to funnel their personal income through corporations.

Once you take a pretax retirement account, such as a traditional IRA, and convert that account to a Roth IRA, you are subjecting your retirement dollars to both federal and state income taxes today in return for the promise of tax - free income during retirement.

In this situation: 1) Is it possible to roll over a few thousand dollars from the IRA to the Roth IRA every year, just enough to stay in the 10 % federal tax brackeIn this situation: 1) Is it possible to roll over a few thousand dollars from the IRA to the Roth IRA every year, just enough to stay in the 10 % federal tax brackein the 10 % federal tax bracket?

Almost six in 10 adults (57 %) say they would be willing to pay one dollar more per week in taxes to increase federal funding for the scientific research into the causes and treatment of pain.

Between the Federal and State governments, 45 % of every dollar paid in dividends was given right back to the tax man.

Receiving wages from an employer in a virtual currency is like being paid in dollars: It is taxable to the employee, must be reported by the employer on a Form W - 2 and is subject to federal income tax withholding, according to Wolters Kluwer.

«That being said, Mr. Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes, along with very substantial charitable contributions.»»

Because your life insurance premiums are paid with after tax dollars, the death benefit is able to be paid out in lump sum without any state or federal taxes being withheld.

Weakness in the U.S. currency rather than factors on the Canadian side are likely to be the primary catalyst for a slide in USD / CAD, according to BMO's global head of foreign - exchange strategy Greg Anderson, who cited a market that's gotten ahead of itself with regard to Federal Reserve tightening and a tax proposal that's likely to be dollar negative.

In 1969, it came to the attention of the federal government and the public that there were 155 tax return filers with incomes of $ 200,000 — equivalent to an annual income of more than $ 1.3 million in today's dollars — who paid no federal income taIn 1969, it came to the attention of the federal government and the public that there were 155 tax return filers with incomes of $ 200,000 — equivalent to an annual income of more than $ 1.3 million in today's dollars — who paid no federal income tain today's dollars — who paid no federal income tax.

But states such as North Dakota, South Carolina, Alabama, Kentucky, West Virginia and Indiana get more than two dollars back in federal spending for every dollar in taxes.

It authorized the creation of fiat money to the tune of nearly five million dollars a month, and it passed a 50 % increase in tax rates in the principal form of federal taxation, the tariff.

How much you pay in federal income tax depends on a few different factors like your marital status, your salary, how many allowances you claim and if you have an additional dollar withholding.

With a couple thousand dollars from my summer job life guarding (more to come on this in a future post), I opened up a US Federal Treasury Money Market fund that enabled me to avoid paying any taxes.

Assuming that each dollar contributed reduces federal taxable income, and that a reduction in federal taxable income correspondingly decreases state taxable income, we can determine the minimum credit percentage states should offer to incentivize participants as a function of the federal and state marginal tax rates.

As the table below shows federal corporate tax revenues rose to $ 35 billion in 2013/14, but this was still 17 percent below the $ 42.2 billion they were in 2007/8 when our economy and corporate profits were respectively 17 and 15 percent lower (in current dollars).

Regardless of the approach taken, I agree with Blackman and Stark in that the ability of a state to capture federal tax dollars via creative state tax credit initiatives is almost certainly bad tax policy when viewed from the national perspective.

The dollar index (DXY) peaked in December 2016 and has subsequently lost nearly 13 per cent, shrugging off what should have been positive effects from U.S. tax reform and a Federal Reserve about to embark on a tightening cycle.

Remember — all your southern redneck states are net consumers of federal taxes — for every dollar they pay in taxes, they get a buttload more back in aid.

I am sick of my tax dollars going to relieve regular «disasters» that always seem to be concentrated in the we hate paying taxes and the federal government states of the old Confederacy.

Tax me less, spend less, and if you really feel compelled to keep a bit of pork in that fat Federal Belly... at least use my tax dollar too help supplement wounded veterans and / or assist wartime veterans in some of the things they need to re-integrate back into their country after serving Tax me less, spend less, and if you really feel compelled to keep a bit of pork in that fat Federal Belly... at least use my tax dollar too help supplement wounded veterans and / or assist wartime veterans in some of the things they need to re-integrate back into their country after serving tax dollar too help supplement wounded veterans and / or assist wartime veterans in some of the things they need to re-integrate back into their country after serving it.

Tranter began working at Friends of the Parks in 1980, around the time that the federal government sued the Chicago Park District for spending an unfair amount of tax dollars in powerful, white neighborhoods instead of minority communities, she said.

2001 FRAC helps lead anti-poverty and anti-hunger groups in obtaining tens of billions of dollars in refundable tax credits for low - income working families with children in federal tax legislation.

As residents in high - tax states brace for bigger tax bills under the recently passed federal tax overhaul, a New Jersey congressman is pushing local governments to adopt a strategy that could save homeowners thousands of dollars.

Loss of a few dollar's in SALT isn't going to make that happen so then why are federal taxes going up for anyone?

Before Benedict Donald's tax reform NY State sent $ 48B dollars to the Fed more than we received back in direct Federal benefits.

Nassau district attorney investigators arrested Gerard Terry, a former North Hempstead Town Democratic Party leader, on April 12, 2016, who, public records show, amassed nearly $ 1.4 million in state and federal tax debts while receiving government jobs worth hundreds of thousands of dollars.

Three school districts in Western New York will share hundreds of thousands of federal dollars, because Uncle Sam has land within their respective districts that can not be taxed.

In November 2015, former Assembly Speaker Sheldon Silver was convicted of 7 felony counts of federal corruption charges in a kick - back scheme where he gave $ 500,000 in state lump sum tax dollars to a physician who would refer patients to the Speaker's law firm where he would get referral feeIn November 2015, former Assembly Speaker Sheldon Silver was convicted of 7 felony counts of federal corruption charges in a kick - back scheme where he gave $ 500,000 in state lump sum tax dollars to a physician who would refer patients to the Speaker's law firm where he would get referral feein a kick - back scheme where he gave $ 500,000 in state lump sum tax dollars to a physician who would refer patients to the Speaker's law firm where he would get referral feein state lump sum tax dollars to a physician who would refer patients to the Speaker's law firm where he would get referral fees.

LIHC provides a dollar - for - dollar reduction in federal income tax liability for project owners who develop rental housing that serves low - income households with incomes up to 60 % of area median income.

Despite his six - figure income funded by taxpayer dollars, Terry has since 2000 amassed nearly $ 1.2 million in federal liens from the Internal Revenue Service and more than $ 205,000 in state tax warrants.

While New York sends more in tax dollars to Washington than we get back, over one - third, or $ 57 billion, of New York State's FY 2019 All Funds Budget is comprised of federal funds.

Boston, MA — The Massachusetts Republican Party today issued the following statement regarding the Democratic feeding frenzy on Beacon Hill over the anticipated federal tax dollars in the so - called «stimulus package.»

Private coverage, by contrast, can run hundreds of dollars a month, even with federal tax credits factored in, and often has steep deductibles.

The report found the state receives 84 cents for every dollar it has sent in taxes to the federal government in 2016, a wider gap than three years previously.

DiNapoli said the state received 84 cents for every dollar it sent in taxes to the federal government in 2016.

The elder Mr. Kushner built the family's real estate business into a multibillion - dollar empire of apartments and land until he was sent to federal prison in 2005 for tax evasion, witness tampering and illegal campaign donations, many of them to Democratic candidates.

To raise revenues, Cuomo proposed requiring extending sales tax collections on online sales, imposing a surcharge on certain health insurers who received a windfall from federal tax cuts, tapping hundreds of millions of dollars in proceeds from lawsuit settlements and raising taxes «e-cigarettes» and taxing opioids (2 cents per milligram prescribed to go to anti-addiction programs).

The town's Democratic committee is looking for a successor to Gerard Terry, who resigned last week as party chairman after Newsday reported he had collected $ 1.4 million in federal and state tax debts while receiving hundreds of thousands of dollars in public work.

Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced Friday that they're talking to leaders of other states that stand to be hurt by the federal tax plan that's expected to cost taxpayers in their states billions of dollars.

Specifically, Chele is focused on recapturing the $ 40 billion dollars more that New Yorkers pay in federal taxes each year than the state receives.

«As we have said repeatedly throughout this process, New York is a net donor state, giving far more in tax dollars to the federal government than we receive,» she said.

If the US government does provide the same degree of federal funding does this mean that a territory is always costing more in tax dollars then provided, and if so what is the incentive for The US to take on territories?

Cuomo's idea to shift some state and local tax payments owed by individuals to a payroll tax paid by employers so many New Yorkers don't lose thousands of dollars under a new federal tax law is supported in concept by many tax policy experts.