Sentences with phrase «means more tax money»

Not exact matches

(Which by the way, may mean paying more taxes later if tax rates go up or you're making more money.)

Lower taxes for wealthy people should mean more money flowing into the stock market.

Even though it means you have more taxes, it especially means you are making more and more money with both your blog and your dividend income.

But I would rather pay the taxes now, and yes that means giving more money to the government now, than get taxed on it later in life.

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

That money is taken out of your earnings before taxes are applied, meaning you can save more in those accounts.

If you have other income sources, taking those RMDs can mean you're forced to withdraw more money than you need and you might get bumped to a higher tax bracket in the process.

This means wealthy families can transfer more money tax - free to their heirs.

This means that some married couples could save money by filing taxes separately and getting on the more - expensive IBR plan, as opposed to the cheaper REPAYE plan.

But a few years ago a court ruled that eminent domain meant the government could seize private land and give it / sell it to another private concern who could show they would return more tax money.

The «English tax» concept for their TV money means they will be charged more for players than regular clubs.

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

We now have to decipher the true meaning of such phrases as quantitative easing (printing more money), fiscal stimulus (a tax cut or spending more money) and CPI (Consumer Price Index, one measure of inflation).

Not sure what you mean about the rich - if there are no deductions, the only loopholes left are to start siphoning money through foreign countries with more lax tax laws, which they're already doing anyone (along with Google, GE, etc..)

Additionally, taxes like the inheritance tax (taxing money you pass to your descendants) and property taxes (directly taxing your held property yearly) operate on a similar formula, meaning that the more wealthy people pay more both as a matter of percentage and absolute value.

That means taxpayers would no longer be able to deduct the amount they pay in state and local taxes — like income or property taxes — from their federal tax return, making it more burdensome for high - tax states to raise money for transit improvements.

In theory, it would mean New Yorkers get to keep more money than they would under the new tax law.

More projected sales tax revenue for the City of Syracuse could mean some new programs, including seed money for a new downtown senior center.

That would mean many people who have put money into share portfolios or property as a retirement nest - egg will pay more tax when they sell.

Leggett said the imitations on increasing the tax levy means it is difficult to put more money into a capital reserve fund.

«I am pleased that the Welsh Government has found the bulk of the money needed to fund the Council Tax benefit scheme, that will mean that once more people in receipt of this assistance will not have to find their contribution from a very limited budget.

Look for more «language changes» in the contract to come, which usually means more money for the contractor and more taxes for Rocklanders.

If they revise down the Treasury's growth forecasts by 1 per cent of national income, the gap between tax revenues and spending increases by around # 10bn, meaning the government has to find more money from somewhere.

This means repealing outdated tax incentives for Big Oil who are benefiting from record profits and redirecting that money towards more innovative technologies and cleaner energy industries.

This means, unfortunately, there is likely to be millions more of tax payers money that's been inappropriately spent.

While a tax credit may be more politically palatable than asking Congress to find or reallocate money to fulfill Trump's $ 20 billion promise to expand charter and private school options, «just because it's more palatable, doesn't mean it tastes good,» said Noelle Ellerson Ng, the group's associate executive director.

Paying no taxes on the interest earned means the money can compound more quickly.

Palm Beach County public school leaders are gearing up to make a case to voters to raise school property taxes by as much as $ 153 million a year, saying the new money would mean enhanced school security, more mental health services and long - delayed teacher raises.

The short story: better than expected income tax revenue means more money in both the State's general fund and School Aid Fund for both the current year and next year.

when I mentioned school admin which wanted more money, I did not mean that they fight for the money that students deserve — I meant, that they want a piece of the consulting dollars, the technology funds, and all the stuff people like Adamowski and Pryor waste tax payer funds on — MassInsight, Edupioneers, TFA, the so - called extended day evaporating dollars, etc..

Generally, that means you're better off doing a Roth if you expect to face a higher tax rate when you pull your money out than when you put it in; a traditional IRA or 401 (k) makes more sense if you expect you'll face a lower tax rate later on (although there are exceptions).

The entire tax refund loan process can be done in less than an hour, which means you can spend less time worrying about money and more time focusing on what matters.

Not paying taxes means that you're able to keep more money invested and earning interest.

From finding better savings account rates to choosing more tax - efficient investment vehicles, more money means these decisions can have more impact.

This means reducing the income that will be subject to federal and state taxes, leaving more of your hard - earned money in your pocket.

Never mind that $ 5000 a year for 20 years earning just 4 % means just less than $ 150,000 in tax - free money — $ 16,000 more than you'd have if you were paying tax at a marginal tax rate of 31 %.

We could enrich the National Child Benefit Supplement and Child Tax Benefit, a means - tested monthly payment to parents with children, so that low - and middle - income families have more money for child care, and which could be used to supplement educational savings.

The tax brackets stop at $ 0 of taxable income — having taxable income below $ 0 doesn't mean your tax liability is a negative number or that the government «pays you more money.»

Each account offers tax advantages that mean less money paid to the IRS and more in your pocket.

This option is better than a lump sum payment because it means you're more likely to have some of the money spread out over two different years, which means your net taxes paid will be lower.

a. tax rates would have to rise significantly in order to make it not that way (and who's to say that capital gains rates won't increase by even more given their current historical lows) b. automatic savings in a retirement plan actually means money goes into an account instead of planning on saving «what's left» c. you can't get at the money without significant pain, which is a great disincentive from you buying a car with your Roth money.

With 100 % tax - free growth, it could mean as much as 25 % more money for college.

The tax advantages of a traditional IRA mean you earn more from your money than you would from money in a savings account.

But this may mean missing out on the advantages of starting to withdraw some RRSP money out at more favorable tax rates.

Your investments will still grow tax deferred — which means even nondeductible contributions to a Traditional IRA may be more profitable than keeping money in a non-tax-advantaged account.

Providing pertinent tax information, such as size of family, income earned, credits, deductions and taxes already paid, can give you a rough snapshot of your tax liability in time to make some adjustments to withholding, which may mean more money in your pocket today.

An offset means you owe money to a government agency (or at least they think you might)-- could be student loans, taxes, state fees, child support, and more.

Well, you'll save more money on current year taxes, and more importantly, you'll have more stashed away for retirement, which means you can retire earlier or you'll have more income in retirement.

In the end, that means less money to the government, more money in your pocket, and greater experience in finding ways to claim tax deductions whenever taking out a personal loan in the future.

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