Sentences with phrase «of additional tax dollars»

Unless Congress promptly takes action, taxpayers will have to pump hundreds of billions of additional tax dollars into Social Security to pay the promised benefits.

In 2016, 25 of the 33 already shared some portion of the additional tax dollars with their charter schools, an amount estimated to be around two thirds of what charters will be entitled to under the new law.

Not exact matches

State pension funds, facing a potential multitrillion - dollar shortfall, find themselves in the center of a four - way battle: Employees and retirees expect to be paid their promised benefits; the pension systems have clear obligations but may not have the resources to pay them; politicians are looking for ways to resolve the underfunding and balance the burden among retirees and workers; and state taxpayers, challenged to provide for their own retirements, resent the additional tax load.

Put another way: For every dollar of corporate income tax disbursed, companies paid an additional $ 1.09 in non-profit type taxes, $ 0.70 in other payments to governments, and $ 3.15 collected from customers and employees, and remitted to governments.

For a 110,000 barrel per day mine, each additional billion spent on start - up capital translates to about $ 525 - $ 560 billion million fewer taxes and royalties (in today's dollars) over the 40 year life of the project.

Their 2010 follow - up predicted a wage loss of $ 13 per for every additional dollar paid in corporate taxes.

I'm making four 500 dollar payments this year in additional to my rollover from 2017 in anticipation of a larger tax bill.

It's worth remembering that the tax code is progressive, so your marginal tax rate is the top tax rate you pay — the rate you would pay on an additional dollar of income.

An additional tax of one cent on a dollar would raise about $ 8 billion annually.

Additional stabilization from unemployment insurance, although smaller in total magnitude than that from the tax system, is estimated to be eight times as effective per dollar of lost revenue because more of the money is spent rather than saved.

A large part of the Dollar's strength (beyond «just» the data) post - the election has been based upon this, where if the corporate tax rate were cut to say 20 %, the Dollar would by economic theory have to then appreciate 20 % (and of course too, an additional «tax factor» driving the USD bull - thesis is that a meaningful chunk of $ 2.5 T of profits held overseas by US corporates would be repatriated following a «business friendly» incentive package / one - time cut to the repatriation tax to say 8 - 10 %).

Worse, if teams were over the luxury tax in four of the past five years, they have to pay an additional dollar for each dollar spent as a repeat offender.

Instead we acted sensibly - deregulated the industry, sold licenses to private investors (earning billions of dollars from digital mobile license auctions, 3rd generation licenses, second national carrier licenses; additional operator licences) and earned additional revenue from taxes, import duties, spectrum sales.

The costs from tobacco use to New York is enormous: Tens of thousands of New Yorkers» lives are shortened due to tobacco use, health care systems must absorb the additional costs of treating tobacco users, and billions of tax dollars are expended to cover the medical costs of treating tobacco users who receive coverage through government programs.

Last year's business tax and estate tax reform also put hundreds of millions of dollars worth of additional tax cuts into the fiscal pipeline for the next few years.

This amounts to hundreds of thousands of dollars of additional taxes every year for each municipality.

The tax on the rich is already financing other items in the budget, though, so there would still need to be billions of dollars in additional revenue or reductions.

With four additional Council Members participating, 1.3 million New Yorkers will now be able to directly decide how to spend some of their tax dollars, on projects in their neighborhoods.

ALBANY — Four months late and hundreds of millions of dollars in additional taxes later, the state Senate finally completed the 2010 - 11 budget on Tuesday evening.

Experts said the renewable energy provisions will result in billions of additional dollars in tax breaks for wind and solar power developers, something many Republicans were remiss to hand out.

In many regions, especially along the coasts, escalating home prices yielded additional dollars from property taxes — the main source of local...

The tax credits «phase - out» within certain income ranges, with their value dropping with each additional dollar of income.

The goal is to create new markets and an additional layer of top down control funneling more tax dollars from local budgets.

Of course, the problem is even where teachers have agreed to a wage freeze you have increasing costs — without additional state aid — those extra dollars will have to come from the local property tax which is much more unfair for the middle class than raising money through the income tax (assuming you don't let the millionaires off the hook like the Governor did).

Candidates needing additional support should complete remediation prior to program entry, avoiding the possibility of an unsuccessful investment of significant public tax dollars, as well as the candidate's own investment.

Candidates in need of additional support should complete remediation before entering the program to avoid the possibility of an unsuccessful investment of significant public tax dollars.

Resolved, that the Superintendent, or designee, be, and hereby is, authorized to enter into a Lease Agreement with Landsman Development Corporation, 3 Townline Circle, Rochester, NY, to lease approximately 8,737 square feet of the four story building located at 30 Hart Street, Rochester, NY, (commonly known as the Family Learning Center), for the period March 1, 2018, or as soon thereafter as the Agreement is fully executed, through June 30, 2022, for a rental rate not to exceed Four Thousand Seven Hundred Thirty Two Dollars Fifty Four Cents ($ 4,732.54) per month, plus all additional charges under the Lease Agreement, including but not limited to Common Area Maintenance (CAM) charges, property taxes, utilities and repairs, for a sum not to exceed One Thousand Four Hundred Seventy Nine Dollars Seventy Five Cents ($ 1,479.75) per month, funded by the Department of Educational Facilities, contingent upon budget appropriations and contingent upon the form and terms of the Agreement being approved by Counsel to the District.

Our listed price does not include the following additional charges; motor vehicle registration fees, sales tax, dealer fee of one thousand nine hundred ninety five dollars, acquisition fee, documentation fees, and any bank fees resulting from a customer's credit status.

Your next dollar of income will actually be taxed at a 25 % rate, assuming it doesn't give rise to additional deductions (for example, if you contribute this «extra» money to retirement accounts, it will not be taxed currently).

Marginal tax rate The income tax rates that apply to each dollar of additional income at different levels of taxable income.

Assuming your earnings average $ 75,000 prior to retirement, inflation is 2.5 %, you earn a rate of return of 5 % on your RSPs, you get maximum Canada Pension and Old Age Security and you make no additional contributions to your RSP, you can expect after - tax income of roughly $ 43,000 in today's dollars through to your age 95.

Then every dollar of additional income (say, through side gigs or Roth Rollovers) is taxed first at 15 % but also pushes another dollar of previously untaxed LTG / Dividend income into the 15 % bracket.

For example, if a bypass trust is originally funded with assets worth $ 1 million dollars at your death and appreciates in value to $ 2 million dollars at the time of your surviving spouse's death, then the additional $ 1 million dollars of appreciation is also passed to the disclaimer trust beneficiaries free of estate taxes.

(Note that the investor must consider the marginal tax rate — the taxes paid per dollar of additional or new income — not the average tax rate paid on all income.)

Having a 36 percent top marginal rate instead of 35 percent for tax year 2006 comes to $ 9.5 billion dollars of additional revenue.

US income tax works this way: it is a marginal tax, i.e. the tax is calculated from each additional dollar of income, according to the following rule: there's a number of «brackets», and once you income is in certain bracket, the additional dollars are taxed according to this bracket, until you have enough income to go to higher bracket.

It can result in you paying hundreds or even thousands of dollars in additional taxes.

You will even learn how to use unsecured credit cards to earn thousands of dollars of additional income every year (Tax - Free)-- it's all inside this exclusive guide!

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

Pension splitting can generate many thousands of dollars in additional after - tax income for retired couples, particularly if — as is often the case — one of them enjoys a generous defined benefit (DB) pension and the other does not.

Marginal tax rate is best defined as the amount of tax you pay on an additional dollar of income and the United States uses multiple increasing rates for specific ranges of income.

The government of Belize and the banking community have wanted to expand the population base and bring additional tax revenue into the country for some time now because it's good for a country and local community to see tax dollars come from the tourist industry.

Lastly, I added a free one - way to Hawaii out of LAX for them for no additional miles and only a few dollars in airport taxes.

Yes, as he describes, a ten - dollar increase in income could result in tens of thousands of dollars in additional taxes.

Though not exclusively an energy bill, the American Recovery and Reinvestment Act of 2009 provided for more than four billion dollars in federal tax credits to homeowners for energy efficiency improvements, authorized additional renewable energy and efficiency research and development, and called for reductions in diesel engine emissions.

The tax - preferential treatment provided to life insurance allows an individual to have greater flexibility over which dollars to use during retirement, and depending on the type of life insurance, it can also provide a non-correlated asset to the portfolio providing additional diversification.»

But fortunately, it's often feasible to sustain the policy with some combination of restructuring the policy's dividends and death benefit, engaging in partial surrenders or withdrawals, contributing some additional dollars into the policy (either as premiums, or to pay loan interest or repay principal), or even exchanging to a new «life insurance rescue policy» that transfers the policy's cash value — along with the loan itself — in a tax - free 1035 exchange.

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

You run the risk of literally tens of thousands of dollars in additional taxes.

When dividing cash investment funds, it is always wise to do so without generating additional taxes or fees that will take dollars out of your pocket.