Sentences with phrase «much tax compared»

It's easy to find the answer, just look at your past income statements and if you're paying too much tax compared to other professions with comparable incomes (your accountant can help you with that answer) then yes, your sales are established and your income needs protecting from the tax man.

Not exact matches

For example, if you compared 2007 to 2011, when DuPont had cash flow of $ 5.8 billion, you would get a much higher return on investment, something like 13 % after taxes.

Residents in North Dakota pay higher - than - average taxes compared across all states, but not by much.

To measure how much money a company saved, Bloomberg applied the 2017 tax rate to this year's first - quarter pretax income, and then compared the number to 2018 results.

Budgetary revenues closed at $ 241.9 Â billion, compared to $ 236.7 in the budget, with corporate income tax up 12 % (don't worry about corporations paying too much, we're giving them tax cuts).

They also considered the revenue losses under a range of scenarios depending on how much lower the tax rate is for spouses or children who receive income and dividends compared to the company owner.

Although a total of $ 800,000 in real estate crowdfunding sounds like a lot, I view it as buying a $ 800,000 portfolio of 12 + different properties across the country at much lower valuations and much higher net rental yields compared to having $ 2,740,000 in one very expensive rental property in San Francisco that is now at risk of depreciating due to declining rents and new tax legislation that limits mortgage interest deduction and SALT deduction.

However, their stances will evolve much as prior generations» have: Older and higher income Millennials are much more likely to feel they pay too much in income taxes compared to younger and lower income ones.

Compared to regular employees, you'll technically owe the IRS twice as much in Medicare and Social Security taxes.

Yes, you get a tax write - off (so as to not be taxed on the money you no longer have), but it's insignificant compared to how much you would have if you'd just kept 75 % of the money for yourself and paid the 25 % tax.

I'll go into those later but first I think a look at the math might help explain why although turnover might seem high compared to tax paid actually in the example scenario given in the guardian article corporation tax is not much less than what a physical company might pay

It would be a tax on jobs, of course, but Britain's social security rates are still pretty low compared to much of Europe, so minister would have pre-prepared arguments to hand.

The lawyer, who handled much of Glenwood's political work, said the company hoped to obstruct the passage of campaign finance reform laws, see the controversial 421a tax abatement renewed, obtain a favorable tax cap on revenue from apartment buildings and to prevent Democrats from taking control of the State Senate and giving control of the New York City rent laws from Albany to the City Council — which Mr. Dorego compared to «an atomic bomb.»

An LLC in Delaware, a state where the laws provide so much anonymity to businesses» corporate founders that some tax experts compare it favorably to the Cayman Islands, played a role in the fundraising scandal involving NYC Mayor Bill de Blasio's steering of contributions to help the Senate Democrats.

Aviation tax rises were dropped despite the fact that aviation is historically under - taxed compared to road fuels and, whilst the road fuel duty escalator was scrapped, there was no help for bus and train users suffering much greater cost increases.

«The size of the magnitude of what you have is different, but the problem is pretty much the same,» she said, compared to smaller cities and towns, «and they're living under a 2 percent tax cap.»

Gaasterland, chair the Sea Level Rise Committee, said the Del Mar community will need to look at how much income it gets from property taxes by beachfront residents, compared with sales taxes, parking fees, hotel taxes and other incomes from visitors who use the beaches.

«While it can be difficult to compare with countries where much higher taxes help fuel government spending at the expense of personal contributions, these figures show Australia performs extraordinarily well on the world stage,» Minister Birmingham said.

This compares to 26 % for the 188bhp 2.0 - litre TDI diesel, so although that model has a lower taxable (P11D) value than the GTE, owners pay more than twice as much tax as they would for the plug - in hybrid.

It's much more attractive to look at $ 1 million net income and paying yourself a salary of $ 100K with attributable taxes compared to $ 1 million in personal income tax.

How much credit card debt you have compared to your gross monthly income (your monthly income before taxes are taken out)

However, compared to things like savings accounts and bonds, where you get taxed on the interest yearly, it is much better.

They provide tools that help to compare credit cards, look at college financing options, track interest rates, maximize tax strategies, identify the best investment and savings vehicles, rate and rank insurance companies, and so much more...

However, many forms of investment income are taxed at a lower rate than money earned by working, so compared with your salary, you may not need to make quite as much from your investments to have the same amount in your pocket after taxes.

This compares to personal tax rates that are much higher, particularly for those with high incomes.

If an investor is in this bracket, muni bonds offer a much higher tax - equivalent yield than corporate bonds, 3.5 % compared to 2.8 %.

Keep in mind this is only comparing rate of return, we haven't even talked about how much of the money you get to keep (taxes), or how easy it is to access your money.

Again, this is something I rarely see discussed when comparing different investments — bonds and other interest income is regular taxable income (taxed at your normal marginal tax rate) rather than at the much more advantageous long - term capital gains or dividend rate.

This not only avoids the normal 10 % penalty for early withdrawal from an IRA, it spreads your withdrawal out among so many years that you end up paying a * much * lower tax rate on the money withdrawn compared to drawing it down in your retirement years.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

The length of time to consider will matter, too: if you'll have to pull the money out in a few years anyway, then it may make sense to withdraw early, as the difference in growth rates may not add up to much compared to the difference in effective tax rates of the withdrawal.

That said, how much tax you might pay or save in the next few years needs to be compared to what you might save or pay over the next 20.

This will help you compare the tax on your income (which will vary depending on how much you earn) to the tax on your employer's super contributions (which is charged at a flat rate of 15 %).

When you compare the possible earnings from various types of investments, consider how much you will end up paying in taxes.

Think of how much your time is worth and compare it to how much time you've spent trying to fill out the forms for your taxes.

As the IC results show, sure you may end up paying less in taxes, but you'll also run out of money much sooner too compared to better and more efficient ways of investing.

They will just keep trusting and never really know how very badly they have done compared to a passive investment program that would have required far less time, less risk, lower taxes, and much lower industry fees.

In a recent story that appeared in The Financial Post (See Big debt the downside of loading up on real estate), a tax accountant noted that a much larger proportion of his clientele own rental properties these days compared to a decade ago.

Booking these also costs an extra $ 35 compared to the normal taxes, but when you think of the cost of the trip, you're still getting a much better value.

The mind trick is that the 401k loan amount represents cash that has never been taxed, so has much less purchasing power compared to after tax money (you realize this when you pay taxes and the loan contributions).

Flying from Canada the taxes are much higher, so compare to the price of cash tickets.

Always compare to cash tickets, though, because intra-Europe flights can be quite cheap — they might not even be much more than the award ticket taxes and surcharges.

Booking these also costs an extra $ 35 compared to the normal taxes, but when you think of the cost of the trip, you're still getting a much better value.

When comparing this hotel, keep in mind that a weekday in winter, the rates are much lower and were recently around $ 75 including taxes.

For example, if gasoline prices have dropped by $ 2 / gal in the past six months, a carbon tax that increases gasoline prices by even as much as $ 0.50 will still feel «inexpensive» compared to consumers» expectations.

To compliments inflated I've a withering reply; And vanity I always do my best to mortify; A charitable action I can skillfully dissect; And interested motives I'm delighted to detect; I know everybody's income and what everybody earns; And I carefully compare it with the income - tax returns; But to benefit humanity however much I plan, Yet everybody says I'm such a disagreeable man!

How do the wealth transfers from your proposal compare with an alternative of a emissions charge set at the level of your fee that finances a «general» tax reduction structured to maintain the current vertical equity structure in Alberta as much as possible?

The intuition they give is that taxes on carbon have a «narrow» base compared to the much wider scope for taxes on labor and capital.

But, importantly, the potential of plug - in vehicles to reduce these costs is modest: much lower than the $ 7,500 tax credit and small compared to ownership costs.

It may be that $ 30 / tonne CO2 tax does nt reduce emission by very much in the short term but the reason would be that its not really a very high tax (compared with say the GST).