Sentences with phrase «many substantial tax»

The problem, according to the plan's critics, is that financial entities such as private - equity, venture capital and hedge funds are all partnerships whose wealthy partners would see substantial tax savings on large portions of their income unless congressional tax writers find a way to exclude them.

If you haven't saved much to date, you probably have a lot of unused RRSP room, and when you start putting serious money away you can earn substantial tax refunds.

Stevens adds that if governments begin penalizing companies with substantial taxes, then businesses will find alternative (read: shady) ways to make the compensation gap appear smaller.

This income being «sprinkled» across the family can confer a substantial tax advantage to the incorporated consultant compared to a family with a regular wage earner who would have to pay full tax on any money given to other family members.

Meanwhile, in the rare occurrence that a company decides to move to Minnesota from other states, it is often the result of substantial tax breaks or other government incentives.

Last fall, the president's economic advisors, Wilbur Ross and Peter Navarro, had described the plan as deficit - neutral with substantial tax credits encouraging investment from the private sector.

Regardless of whether Microsoft's data center employs a substantial number of Iowans, it will undoubtedly contribute to the community by building infrastructure, stimulating economic growth, and providing substantial tax revenue:

The National Football League, Fiat Chrysler, the Koch brothers» Georgia - Pacific subsidiary, The Washington Post's owner and more than 500 Trump entities would qualify for a substantial tax break under the proposal.

«This amendment would create substantial tax relief for millions of small - business owners who were left out of the original bill,» the group said.

But if you have to take $ 25,000 out of a traditional plan or account in order to buy a new car, then be prepared to see a substantial tax bill when you file.

Many tabloids criticised the chancellor's decision to tax «hot grub» during last week's Budget as a further sign that lower income families were being hurt while those earning over # 150,000 won a substantial tax cut.

And I have been clear that I will work with any group of Senators who have real economic development and jobs - encouragement ideas, who plan to bring substantial tax relief to the people who elected me, who have compassion for the poor and respect for the middle class, who support the improvement of public education and a plan to ease the burden of tuition - paying parents across New York.»

One potential recommendation for saving substantial tax dollars could be the creation of a county - wide municipal government.

«It is critical that we take action to create jobs and generate substantial tax revenue for New York City and State,» Golden said in a statement.

The government response also rejects the idea that substantial tax revenue could be raised by taking the # 6 billion per annum cannabis market out of the black economy:

Last month my column dealt with the state's School Tax Relief (STAR) program and the need for everyone with Basic STAR to re-register with the state to continue receiving this substantial tax exemption.

«This $ 3 billion must be returned to the taxpayers to whom it belongs through substantial tax cuts and investments in our infrastructure to put people back to work,» DeFrancisco said.

But as Cullen points out, today's EVs are far too costly for the average consumer, even with substantial tax breaks.

Thus, the Roth results in more substantial tax savings in the long run.

It found that all the G7 countries except Britain and Germany have substantial tax incentives for companies that increase spending on research.

One of the barriers to implementation has been the perception that it would necessitate substantial tax increases.

A description of this clarification is included in the following articles: «NRSA Fellows May Be Eligible for Substantial Tax Refunds: Background» by Geoff Davis «NRSA Fellows May Be Eligible for Substantial Tax Refunds» by Bertrand Harding, Jr..

Gifts of stock or securities may offer a substantial tax break because you may take the full value of your gift of securities while you support Kessler Foundation's mission.

A fortuitous meeting between a California Congressman and the chairman of Apple Computer has resulted in a bill that could, if enacted, provide school districts with millions of dollars» worth of free computer hardware and other technical equipment, while also giving the manufacturers of the equipment a substantial tax break.

The general taxpayer is, nevertheless, subsidizing the work of that foundation through the substantial tax deductions given to its founder.

While this technology was not always well received by many of the Ferrari Tifosi, it did allow for substantial tax savings upon sale in certain governmental jurisdictions.

This gives a claimed 26 - miles of EV only range and helps you potentially qualify for a substantial tax credit.

One big caveat is that Pacifica also comes as a hybrid model, albeit for a few thousand dollars more (before a substantial tax credit) than this very highly specified Limited example I've been driving.

However, I've owned the index funds long enough that selling them would generate a substantial tax burden.

Moving a UTMA account that produces large amounts of annual investment earnings to a 529 account that will end up being used for college expenses may produce substantial tax savings.

For most Canadians, ownership of a family home provides a substantial inflation hedge, and it also comes with substantial tax benefits.

This income being «sprinkled» across the family can confer a substantial tax advantage to the incorporated consultant compared to a family with a regular wage earner who would have to pay full tax on any money given to other family members.

If a combination of pensions, Social Security, and savings will provide ample income, it might be easier to manage mortgage payments in retirement and still receive a substantial tax - deduction for the interest paid.

By default this is treated as ordinary income, which means substantial taxes.

They can transfer money from fixed income in taxable accounts to the TFSAs, ensuring that any dispositions do not generate substantial taxes.

Your parents may also be eligible for the child tax credit and the earned - income tax credit, which can result in a sizable refund or substantial tax savings.

The exemption itself is a substantial tax break.

That can be a substantial tax savings, especially for high income taxpayers.

Employers who can make a tax - deductible contribution into an IRA for yourself and on behalf of your employees as a substantial tax - free fringe benefit.

Giving to charity is certainly admirable, plus it can offer you substantial tax savings.

If you get a substantial tax refund, review the W - 4 form on file with your employer to avoid having too much money withheld.

The federal government offers accounts with substantial tax benefits that are designed to help you save for retirement, including IRAs.

For investors, ownership of real estate can produce substantial tax savings, including tax sheltering.

Add to this the hidden tax consequence of investing in high turnover funds that generate substantial tax consequences affecting investor returns.

If you are eligible for an HSA, in relatively good health, and you or your employer are able to make regular contributions to your account, you can gain substantial tax benefits over time and eventually withdraw the funds for medical costs or out - of - pocket costs that you're likely to incur during retirement.

Year - end investment decisions may sometimes result in substantial tax savings.

Those who aren't using them are missing out on substantial tax benefits.

Out - of - control policy loans can erode a life insurance policy over time, eventually draining the death benefit — and saddling you with a substantial tax bill.

And it would impose a substantial tax burden on existing home buyers, many of whom continue to stay current with their mortgage payments even as they struggle to make ends meet.

First enacted in 2007 after the housing crisis, the mortgage debt forgiveness exclusion provides substantial tax relief for families whose principal residence has been foreclosed.