Sentences with phrase «less tax burden»

Less violence, far less tax burden, tax revenues.

Not exact matches

However, the additional tax burden has become less severe after the headline US corporate tax rate was lowered to 21 per cent from 35 per cent.

«If by a fiscal conservative, one means a person who wants to reduce the size of government through less government spending, lower taxes, balanced budgets and lower debt burdens, then Harper is clearly not a fiscal conservative.»

The theory is if you push that income tax burden to the next year you pay less income tax.

The greater tax burden placed on corporations, whether you want to admit it or not, the less they will hire and the more people will need the government.

But, in most countries, gifts and inheritances are exempt from taxation as income and a gift or inheritance or estate tax is a tax in lieu of an income tax that is designed to impose less of an administrative burden than treating gifts and inheritances as income would.

This is in the interest of the user, because until they pay the debt their bitcoins will have less value because they can't be spend legally until the tax burden is paid.

This would help dampen house price volatility; the total tax burden on a property rises with the value of the property, pushing up the overall purchase price and making the property less attractive as an investment.

Even this change was limited to disputes involving «fiscally eligible» municipalities — defined as those with relatively high property tax burdens or fund balances of less than 5 percent.

«Wendy Long's message of individual freedom, less government spending, less regulation and her continued fight to reducing our tax burden will continue to resonate with all New Yorkers.»

The recipe for that was what it always has been - less government, less regulation, less intervention and a lower tax burden.

«So we could yet find that income tax comes down, the burden is less on the lower paid, but then there's still some extra VAT to pay.

The state income tax treats us all in the same manner and imposes a lesser burden on low income households.

Rather than a progressive tax system, or even a flat tax system, Connecticut has developed a state and local tax system that allows the rich to skate free, while leaving the burden of balancing state and local budgets onto those who make far less.

There is also the fear that with poverty comes crime and other problems less prevalent in wealthy areas, not to mention fears of higher tax burdens, sagging schools, and the like.

Not only does it shift responsibility for bearing the losses from the borrowers (who should be primarily responsible) but it shifts the burden onto those less culpable such as investors who purchased shares in the lenders, CDOs etc and, above all, the tax payer.

If you need a smaller tax burden, pay the interest as you go; also, if you expect to switch payment plans at any time, that would trigger capitalization, so the less interest you have accrued, the less your balance will increase.

If you're in a lower bracket, the tax implications become less of a burden and repaying the RRSP loan become less important.

A $ 2,000 property tax bill of won't affect a high - income family, but it could place a huge burden on some families making less than the national average.

With millions of homeowners underwater on their mortgages — meaning their homes are worth less than the outstanding mortgage balance — the 2007 Mortgage Forgiveness Debt Relief Act eased the burden on underwater homeowners and facilitated short sales by making tax - free mortgage debt forgiven through a short sale.

Since you can not get rid of state income taxes, or real estate taxes, reducing your other tax deductions (you can't pay off your little children so mortgage interest will have to do) will «save» (i.e. cause your AMT burden to be less) you money.

Tax relief can offset these costs by allowing you to lower your tax burden so that you pay less income tTax relief can offset these costs by allowing you to lower your tax burden so that you pay less income ttax burden so that you pay less income taxtax.

The relative numbers of these are such that my tax on my «normal» income (written on line 47 of the form) is less than the maximum tax credits I can access on lines 48 - 54, so my «normal» income tax burden is zero with some «wasted» credits that then apparently can't be applied toward my self - employment tax (line 57).

«Simply put, the tax burden on $ 30,000 of Social Security benefits and $ 20,000 from retirement funds will be far less than if the two were reversed.»

Our tax burden was lower than planned for because of several reasons, including getting sweet new tax deductions for having a baby, making less money because of the maternity leave, and our decision to shove as much money as possible into my HSA (Health Savings Account) and our Traditional IRAs.

Dividends are taxed more favorably than interest payments which are considered as regular income so there is less of a tax burden on dividend paying stocks compared to bonds or other fixed income securities which pay interest.

I'm against taxes too, or more to the point I'm against the burdens imposed by taxes where those burdens can be avoided, but we know (http://www.brookings.edu/research/papers/2010/07/22-vat-gale) that VATs «and their like» are far less burdensome than income taxes, for instance.

What it would really do is burden them with higher electricity rates and Federal taxes for less reliable electric power and thus result in a reduced standard of living.

Shifting the tax burden to pollution and pollution - generating activities will create powerful incentives to use less energy and emit less CO2 into the atmosphere while simultaneously promoting tax equity and minimizing the impact of the carbon tax on those with lower incomes.

Joyce and Sybil Burden, who share a home, argue that it is unfair for them to be taxed less favourably than married couples and civil partners.

As your income tax rates increase over the years, you will have paid your income taxes with today's less expensive tax burden.

Fortunately, homeowners insurance is less of a burden in New Jersey than its property taxes.

Don Cook, a director and chair of the Civic and Legislative Affairs Committee says, «With the strong likelihood of rising interest rates making housing less affordable, WinnipegRealtors views any changes the province can make to lessen the burden of land transfer taxes on homebuyers as a way to keep homeownership a possibility for more Manitobans.....

Repealing like - kind exchange rules would subject businesses that rely on these rules to a higher tax burden on their transactions, resulting in longer holding periods, greater reliance on debt financing, and less - productive deployment of capital in the economy.

As tax time approaches, a HousingWire analysis of metro areas» tax burdens revealed that home owners in housing markets with the lowest overall tax burdens paid a percentage of their income seven times less than the burden in some of the heaviest tax burden states.

JANIK: Independent contractor status is good for brokers in two respects: It's less expensive than hiring employees because brokers don't have the financial burden of making FICA contributions or the administrative burden of withholding taxes for their independent contractors.