Sentences with phrase «means less tax»

Less income for people and businesses means less tax revenue for the government.

More taxes on them mean less taxes on the rest of us.

Local budgets lose out Corning Inc.'s reduced property taxes mean less tax revenue for nearby municipalities, at least in the short term.

Corning Inc.'s reduced property taxes mean less tax revenue for nearby municipalities, at least in the short term.

While counterintuitive, drawing down on RRSPs earlier and paying more tax sooner can sometimes mean less tax payable over the course of your life, Shaune.

A lower balance means less taxes you have to pay.

Retirement accounts: A Roth IRA means less taxes later.

Not exact matches

As it turns out, people with higher income levels are more likely than those of modest means to opt for HSA - qualified health plans, because they are less concerned by the potential out - of - pocket medical costs and more interested in the tax savings, according to Fronstin at EBRI.

In addition, lower fuel prices and lower tax on fuel in Alberta means consumers have less incentive to purchase smaller or alternate - fuel vehicles, he says.

Transferring the illegal bettors to the regulated marketplace would mean more taxes paid, more interest in leagues, and less crime.

Less profits means less corporate income to Less profits means less corporate income to less corporate income to tax.

This particular deduction lowers your adjusted gross income, meaning that there's less chance of you being rendered ineligible for certain other tax breaks.

This means it's less likely that itemizing will give you a bigger tax break than the standard deduction when you go to file your tax returns a year from now.

The TUC said those employed in the gig economy are also likely to earn significantly less than their counterparts, meaning they are more likely to depend on in - work benefits, including tax credits and housing benefit.

It means more women are paying income tax, and less women are on welfare.

Keeping benefits at their current levels required under law will mean less federal spending on education, infrastructure and defense unless Congress cuts benefits, raises taxes or both.

It starts with the fact that Latvia's bloated 50 % + tax package on employment means that take - home wages are less than half of what employers pay.

A $ 1,000 tax credit means you owe the IRS that much less at tax time.

Because your deduction reduces the amount of income taxed at your highest marginal rate, this calculation works in most situations since taking the deduction means you have less income being taxed at the highest rate you pay.

And over time, more taxes coupled with higher fees and less diversity means less money in your pocket — not more.

Of course, these various rates mean individual tax payers could end up paying more or less.

A tax deduction lowers your taxable income, which means you owe less money to the IRS.

That means your gross income, less the amount paid for federal and state income taxes, FICA taxes and local taxes.

Legally reducing your tax bill means putting less money in the hands of people who have an uninterrupted track record of destruction and failure.

That means if your taxable income is between $ 45,282 and $ 90,563, you'll pay less tax.

Because the mutual fund buys and sells stocks less often, they pass on fewer capital gains to you so that means you pay less in taxes.

The loss of capital when you triggered the deferred capital gains tax meant that less money was employed for you.

That means the typical homeowner in Colorado pays less than 1 % of home value in taxes every year.

That could mean you owe less in taxes.

This means that measures that increase potential supply by promoting flexibility are therefore less important than measures that offer the potential to increase demand, such as regulatory reform and business tax reform.

Opponents also warn that cutting tax benefits means less revenue for small businesses.

«And that means you're going to get even less investment, because they are looking at future tax rates.»

A total payment including taxes and insurance is less than 31 % of your income means there's a good chance you qualify.

«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.»

On the whole, the rate of taxation is roughly proportional to income, except for the richest 5 % of the population.5 These percentages take on more meaning when it is recognized that 90 % of American families lived on incomes of less than $ 13,000 after taxes in 1970.6

Fine then stop giving them tax dollars again all this will do is force them to close because they will not go against their beliefs, which means less health care available which we are going to need desperately.

A cut in consumers» paychecks — with the expiration on Jan. 1 of the payroll tax break established during the recession — might mean less traffic for many restaurants, or a reduction in the amount of money people are willing to spend on casual food.

But over that period the OBR currently expects average growth of just 1.7 per cent a year — 0.4 per cent a quarter - which means lower living standards, less tax, less investment and many billions less deficit reduction too.

He wants a flat income tax, for example, which would mean taking more money from poorer people and less from the rich.

If you don't assume that the progressive rates are the «correct» rate, does that mean that anyone getting taxed less than 17.4 % is receiving a tax break, and anyone taxed more than 17.4 % is receiving a tax punishment?

The money lost to claimant fraud and error was less than under the old working families tax credit (14 per cent), she said, adding that changes to the IT system and fraud measures meant this year's figure would be better.

The government pension plan is funded via taxes and pays out a means tested amount, so well to do people get less (possibly nothing) than poor people do.

This means the «direct permanent costs of this measure» are # 100 million, five times less than the # 500,000 expected to be accrued each year from other «taxes on the rich» unveiled earlier.

«The combined effect of all [the government's] reforms will mean that taxpayers with incomes below # 40,000 will pay less tax and national insurance contributions in April 2011 compared to April 2008.»

The program is meant to keep start - up companies in state while convincing existing companies to stay rather than migrate to a less taxing part of the country, Cuomo said Wednesday.

Continuing their commitment to high taxes necessarily means that those with the least money have even less of it to spend on themselves and their children.

«This means that they pay their tax through self - assessment, rather than PAYE, pay less by way of National Insurance and are able to deduct more generous expenses than would normally be allowable for those who are in employment.»

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

Sooner or later voters will connect the dots and learn that less taxes means less services that they like.

This means the average citizen of a US Territory is paying less in taxes then the average citizen of a US state (or DC citizen).