Sentences with phrase «large tax breaks»

Under Bloomberg, the city also provided large tax breaks for companies such as Fresh Direct.

One audit found that the governor's Excelsior jobs program gave large tax breaks to companies without properly corroborating their eligibility or productivity.

Homeowners with more expensive homes (and normally higher incomes) will get larger tax breaks than owners of more modest homes, even when those latter households have property taxes that are extremely high relative to their incomes.

Proponents of the private buses say the buses cut emission levels and congestion, while critics and activists say they are just another example of the technology industry forcing San Francisco to offer up overly generous policies (including large tax breaks for companies like Zynga and Twitter).

According to the Joint Committee on Taxation (JCT), the SALT deduction costs over $ 100 billion this year; by comparison, the mortgage interest and charitable giving deductions, two other large tax breaks, cost $ 65 billion and $ 60 billion, respectively.

But what was outrageous about this governor's stance on the economy is that when he came into the State House, he said everyone has to make sacrifices yet, he gave the wealthy large tax breaks while leaving the middle class and the poor with the task of carrying the load.

Robert Trotta (R - Fort Salonga) criticized the agency, alleging it has awarded larger tax breaks to businesses that have made political contributions to Suffolk County Executive Steve Bellone, a Democrat.

U.S. Attorney Preet Bharara has launched an investigation into large tax breaks that were granted to Extell Development's One57.

A coalition of labor unions and contractors has opened a multimillion - dollar media and lobbying campaign to overhaul a housing program that they say swaps large tax breaks for a paltry number of apartments for poor and working - class New Yorkers.

(Conservative activist Gray points out that the oil industry has long enjoyed far larger tax breaks.)

The legislation that created Start - Up, a program that provides large tax breaks to businesses that open or expand near college campuses, required that the Empire State Development Corporation issue annual reports identifying the recipients of tax breaks under Start - Up and detailing the jobs it has created.

We will be asked to give large tax breaks to «job creators,» knowing full well that the benefits will be shared among all high - net - worth individuals regardless of whether they have ever created a job or not.

Not only will you get larger tax breaks, but you'll have built up lots of extra RRSP contribution room from the years you were using a TFSA instead.

But that failure, Qi and Zhao maintain, may not apply to R&D, because R&D is not normally funded through debt but rather through internal equity, which is considerably enhanced by a large tax break.

Mortgage interest paid to a lender is tax - deductible and, for some homeowners, interest paid can provide a large tax break — especially in the early years of a home loan.

DiNapoli found that the development corporation had repeatedly handed out large tax breaks to companies without obtaining the necessary documentation to corroborate their eligibility or productivity.

DiNapoli discovered that the development corporation had repeatedly handed out large tax breaks to companies without obtaining the necessary documentation to corroborate their eligibility or productivity.

Among those measures passed by both houses was Governor Andrew Cuomo's Start - Up NY plan, formerly known as Tax Free NY, which would give large tax breaks to new businesses located near state college campuses.

The plan mirrored a 2011 proposal by the Real Estate Board of New York, which an aide from the Bloomberg Administration had described as «a large tax break dressed up as a housing policy.»

«It is a large tax break dressed up as housing policy,» top Bloomberg aide Micah Lasher wrote in a memo opposing the bill.

Verification ensures that seniors with incomes above the cutoff level of $ 86,000 don't wrongly get the larger tax break.

Even after our Supreme Court ruled in 2012 that our public schools were not being amply funded (something obvious to any parent or teacher), the legislature continued to enact even more tax breaks - including a new $ 9 billion tax break for Boeing that was the largest tax break in the history of the planet.

This would eliminate the situation where a person in a higher tax bracket receives a larger tax break for the same amount of mortgage interest than a person in a lower tax bracket.

With a maximum credit of $ 496, the EITC isn't the largest tax break available.

Mortgage interest paid to a lender is tax - deductible and, for some homeowners, interest paid can provide a large tax break — especially in the early years of a home loan.

Nonetheless, Shell's ethane cracker was granted multiple tax breaks — including the largest tax break in state history, worth $ 1.65 billion over 25 years — by state officials who argue that the economic benefits to the region make it all worthwhile.

With the large tax breaks available in the country, it's quite often cheaper to buy an EV than it is to buy a gas - powered car — which would on its own be enough to influence most buyers, but then there are also a number of other good incentives available — parking and roadway perks mostly — making the big EV sales in the Northern European country make a ton of sense.

That would inevitably limit the mortgage interest deduction, which is one of the largest tax breaks in dollar amounts.