Sentences with phrase «last dollar of income»

This is the tax bracket that your last dollar of income falls into, and therefore the highest tax rate you pay.

which determines your marginal tax rate (the rate at which your last dollar of income is taxed).

At the same time, they can make roughly $ 52,000 more and pay the same rate on their last dollar of income as they are paying now.

If Briana navigates to a taxable $ 36,250 in 2013, her last dollar of income would have seem a 15 % tax rate, but the next $ 50K or so would be taxed at 25 %.

That's the rate you pay on your last dollar of income.

That last dollar of income is really getting whacked.

Using Ontario as an example, in 2008 the marginal tax rate (the tax owed on the last dollar of income) was 21.1 percent for the lowest tax bracket (up to $ 40,700 of taxable income) and 46.4 percent for the highest tax bracket (above $ 126,300 of taxable income).

Not exact matches

Given that disparity, it shouldn't be too surprising that the Tigers posted an operating loss of $ 36.4 million dollars last year, while the league as a whole averaged an operating income of $ 34 million.

Simultaneously, the Company has increased revenue, eliminated billions of dollars in costs, delivered the largest operating income of the last 10 years and once again generated free cash flow.

A New York City advocacy group for low - income and minority residents filed a lawsuit against JPMorgan Chase Bank last fall for what it says are illegal and exploitative tactics that have cost the two named plaintiffs thousands of dollars in penalty fees it contends they shouldn't have had to pay.

In 2013, our employees delivered record net income of 8.3 billion dollars, up 11 per cent from last year and generated a return on equity of 19.7 per cent with diluted earnings per share of 5 dollars and 49 cents.

By official statistics, thirteen percent of Americans are poor today» many of them immigrants of the last few years who will not long remain poor, and measured by a standard that counts as poor families with cash income (not income in kind, from welfare benefits, for example) up to about twenty thousand dollars for a family of four.

According to exit polls from last November, a majority of those whose incomes are less than fifty thousand dollars per year preferred Kerry to Bush.

Lower dairy prices represented a mixed blessing, reducing ingredient costs for consumer products but also weighing heavily on the company's farmer - shareholders whose collective incomes have been slashed by billions of dollars in the last two years.

Governor Andrew Cuomo said last month that a possible extension of New York's temporary 29 percent surtax on the incomes of million - dollar earners would hinge on one question: «how much money do you need?»

The Assembly is set to elect a new speaker on Feb. 10, following Silver's arrest last week for allegedly pocketing millions of dollars in bribes and kickbacks that he tried to pass off as legitimate income for legal work, according to prosecutors.

Over the last few decades which portions of the average rural voter's disposable income in dollars, (or if there is no change, their quality of life), have consistently improved as a result of Republican policies, relative to Democratic policies?

Over the last few decades which portions of the average metropolitan voter's disposable income in dollars, (or if there is no change, their quality of life), have consistently improved as a result of Democratic policies, relative to Republican policies?

Former New York Assembly Speaker Sheldon Silver was arrested last month on public corruption charges and is accused of using his position to obtain millions of dollars in bribes and kickbacks masked as legitimate income.

In fact, Faso crafted a budget that, according to the official state Tax and Finance Department report analyzing the personal income tax cut of 1995, is responsible for saving middle - class families across New York billions of dollars since it passed: for instance, a family of four with an income of $ 75,000 saw a tax cut of approximately $ 650 a year for the last 20 years.

Of course, this will be made somewhat easier by the governor's agreement with the legislature last month to extend $ 2.6 billion in higher income - tax rates on million - dollar earners, offset in part by small rate cuts for middle - class filers.

Mr. Silver was hit with criminal charges last week alleging he disguised millions of dollars of bribes as legitimate income.

The stated intent of last year's trip was to educate North Carolina lawmakers about Florida's tax credit scholarship program, which encourages companies to donate scholarship money for low - income children to attend private schools by providing matching state tax dollars.

The bill that passed last week treats all districts fairly — including Chicago — distributing dollars based on the elements of a quality education and taking into consideration local factors like the number of low - income students, English learners and students with disabilities.

Just as a reminder an accredited investor is an individual who earns an income of more than $ 200,000 per year for at least the last two years (or a joint income of $ 300,000) or has a net worth of at least one million dollars.

In other words, when such a high - earner receives a cash bonus on top of the regular salary, those «last» dollars will be taxed at 53.53 %, as would interest income in non-registered investment accounts.

So what are you to do when your employer passes the burden of retirement planning onto you, when lifetime income is no longer guaranteed, and when you're left to stumble through numbers, abbreviations, jargon, and dollar signs to plan a retirement that could potentially last 30 years?

Over the last few years, I've amassed a six - figure stock portfolio which generates hundreds of dollars in passive income each month.

Accredited investors must have a single or joint net worth of more than million dollars (not counting primary residence), or income greater than $ 200,000 for the last two years, or $ 300,000 for married couples.

But let's assume that you are in the top 1 % of income earners and your last marginal dollar does fall into the highest of tax brackets.

The $ 33 billion dollar Symetra realized a stout $ 254 million in net income last year alone off of more than $ 2 billion in total revenues.