Sentences with phrase «much the tax break»

How much the tax break is worth to you depends on your income tax bracket and the state in which you live.

Not exact matches

Those business owners have long complained that the disparity is unfair, especially in view of the fact that many multinationals pay much less than the 35 percent statutory corporate tax rate by exploiting abundant loopholes and tax breaks available to large, global corporations.

While tech companies dislike paying taxes — just look at Apple, which keeps much of its money offshore to avoid taxes, or Twitter, which once threatened to leave San Francisco unless it received a special tax break — none of them wants to be labeled as an opponent of anything that would provide help for the homeless and those with low incomes.

Simplifying taxes and creating new breaks, by creating a standard deduction for small business owners much like the one that individuals can claim.

«Corporate Canada needs much more than tax breaks to get competitive.

1) you don't get much in terms of immediate tax break because your marginal tax rate is low 2) you end up locking up money in plans that you can't touch until you are 59 1/2 3) social security replacement rate versus your income is relatively high versus the replacement rate for higher income earners.

How much in tax breaks would Amazon automatically quality for?

Governments generally get a much bigger stimulus bang for their buck when they spend directly on projects, such as roads and bridges, rather than giving cheques or tax breaks to individuals, who may choose to bank the money instead of spending it.

Much of this is overseas, but the aforementioned recent tax law changes in the US also includes a one - time tax break on repatriated cash — this is provoking Amgen to bring at least some of this money back home.

As with every tax break, there are limits to how much you can deduct for your home office.

The existing rate is high globally, but many U.S. - based multinationals pay much less than the headline rate because of abundant loopholes and tax breaks.

Obama went on to frame decisions as disparate as ending tax breaks for the wealthy and defending foreign aid as examples of biblical principles in action, quoting Jesus» teaching that «for unto whom much is given, much shall be required» and invoking the «biblical call to care for the least of these.»

You know those tax breaks you whine about for those who make so much?

They get those tax breaks precisely because they donate so much money to charity.

1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother stimulus effect on the economy 3) Charities make purchases tax - free, meaning that $ 1 spent by a charity generates a full $ 1 of private economic activity; furthermore, much of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society; from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes

My idea is an 80 % tax on all goods and services produced by automation broken into 2 categories: local and national - You cant just split that tax as UBI evenly to everyone because cost of living is much higher in some areas than others, and it's not viable to regulate cost of living to be equal nationally.

What galls me most about Any government connected enterprise is the five hundred requisition forms, the three thousand government lawyers, the two hundred appropriations bills and tax riders with the endless meetings, environmental and feasibility studies, the exploratory congressional junkets, along with all the absolutely necessary secretaries, congressional assistants, cocktail parties, ground breaking ceremonies, news briefs and conferences it takes for the government to so much as buy a damn paper clip.

Cuomo said that businesses in his Start - Up NY tax - break program should continue reporting to the state on how many jobs they create and how much money they invest in their operations, despite the requirement being eliminated by the budget he recently signed into law.

Just before the reception began news broke, courtesy of the rom the great Daily News Capitol Bureau Chief Ken Lovett, that there was a deal reached back home in New York to revive the 40 - year old tax credit known as 421a, which quietly expired without much fanfare a year and a half ago.

The newspaper won a lawsuit in 2007 - six years into the program — forcing the state Department of Economic Development to disclose for the first time how much each of the nearly 10,000 businesses planned to claim in tax breaks.

Cameron discarded promises on knife crime, marriage tax breaks and fuel duty like so much confetti to get Nick Clegg up the aisle.

For the much smaller percentage of new homeowners, or those who moved, it means no more breaks in your school tax bill each fall.

That angers Ron Deutsch, of Fiscal Policy Institute, a union backed think tank that backs Gov. Andrew Cuomo's plan to give a property tax break for middle and working class homeowners who pay too much of their income on taxes.

Economic development has been much more promise than actual results so far, but the practice of cushy tax breaks to business is starting to rub the wrong way around here, especially in New Paltz.

Last year there was a great deal of confusion over whether Jeremy Corbyn had paid too much or too little tax, not helped by the fact he looked like he'd filled in the thing over a quick lunch break.

That angers Ron Deutsch, of Fiscal Policy Institute, a union backed think tank that backs Governor Cuomo's plan to give a property tax break for middle and working class homeowners who pay too much of their income on taxes.

Tax breaks offered to businesses in those zones, sometimes restaurants and other retail operations locating in vacant buildings, have been the source of much of the controversy.

The new state budget removes a requirement that businesses participating in the Start - Up NY tax - break program report annually on how many jobs they've created and how much money they've invested in their operations, state officials confirmed Thursday.

«Providing New York state manufacturers with the much - needed tax breaks,» King said, «will enable them to do what they do best: create high - quality manufactured goods, sustain and grow family - supporting, well - paying jobs, and generate much - needed revenue for our state.»

New York is making multiple bids to attract Amazon and the question remains how much the online retail juggernaut will be offered in tax breaks to bring HQ2 to the state.

David Cameron has repeatedly said he wants an incoming Tory government to restore the status of marriage in the tax system and has welcomed much of the work that Mr Duncan Smith has completed on «Broken Britain.»

WASHINGTON — Upstate New York homeowners would get a huge tax break — and House Republicans would get a few more much - needed votes for their health care plan — thanks to an amendment that Rep. Chris Collins got added to that GOP health legislation this week.

The staff perform high - level checks on the data that each IDA reports, but do not review the accuracy of information on individual projects, such as how many jobs a project created or how much a company's tax breaks were worth.

The program, which encourages developers to create affordable housing via a tax break, was extended — but not by much.

Despite the political fervor over finally tackling high property taxes, New Yorkers might not feel much of a break even if Cuomo's plan passes.

«Revitalizing the public sector will do much more for the economy and the business climate across the board than tax breaks and subsidies for special interests.»

within New York City that he says will give them a small but much - needed break from continuously rising property taxes.

The IDAs would also lose much of their power to issue tax breaks, limiting it to the government they represent so that the Amherst IDA could only ease town taxes not those of every government and school district in the county as it can now.

The company, led by executive chairman James Dolan, has been given as much as $ 16 million a year in tax breaks since 1982, according to the city's Independent Budget Office — or nearly $ 350 million over the past 31 years, politicians who oppose the tax break said.

When too much food is eaten, it taxes the body's ability to properly break down and assimilate nutrients.

Clearly children's diets need attention, and there have been a number of initiatives to break the unhealthy eating habit, including: The National Healthy Schools Programme (1998 to 2009), which included healthy and nutritious foods being made available in school canteens and vending machines; The School Food Plan, (launched in 2015), which provided a new set of standards for all food served in schools, offering children more healthy, balanced diets, and withdrawing the provision of unhealthy snacks and drinks in school vending machines; and the much - publicised new sugar tax, which will be imposed on companies according to the sugar content of the energy and fizzy drinks they produce.

Cook County Assessor Joseph Berrios has been producing error - ridden property assessments that effectively punished poor homeowners while providing tax breaks to wealthy ones, according to a much - anticipated independent study of the county's residential assessment practices.

«Regarding tax «breaks», the money our schools put back into the economy is much more than what we receive.»

The problem with granting 700 tax breaks to wealthy corporations, besides the fact that these billions in tax breaks make it impossible to fully fund our schools, is that these tax breaks create a non-uniform system of taxes whereby local homeowners pay a much higher percentage of taxes than wealthy multinational corporations.

True, the latter qualifies for even more tax breaks, but the GTE is still a much cheaper company car than any regular petrol or diesel - powered Golf courtesy of its tiny (official) CO2 output of as little as 38g / km.

The Lifetime Learning Credit of as much as $ 2,000 per year is aimed at low - and middle - income filers who paid for post-secondary education but don't qualify for a tax break under the American Opportunity Tax Credit strict requirementax break under the American Opportunity Tax Credit strict requiremenTax Credit strict requirements.

But by claiming a tax break known as the Saver's Credit, singles and heads of households who contribute to a 401 (k), IRA (traditional or Roth) or similar retirement account may qualify for a tax credit of as much as $ 1,000, while married couples filing jointly may be able to snag a credit of up to $ 2,000, in effect making the federal government a partner in building your retirement nest egg.

But some tax experts are worried that it's too good — that the government is giving up so much revenue, the tax break might not be sustainable over the long haul.

Much of the conversation seems to focus on so - called «lost» taxes, but TFSA contributions are already taxed so we are only getting a break on taxes when it comes to gains in TFSA.

Look at how much you could realistically rent the property for, subtract the costs of the mortgage, maintenance, and property taxes and factor in the relevant tax deductions on those expenses to see if you'd be able to at least break even.