However, the Conservative government has also chosen to provide a long list
of special tax breaks or «preferences» for specific groups of Canadians that the government hopes will vote for them.
Not exact matches
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.
A provision
of the
tax cut bill passed and signed last December offers a
special break for pass - through business structures: sole proprietorship, partnership, S corporation, LLC, trust and estate, REIT, qualified cooperative, or tiered pass - through (such as one LLC owning another).
Almost immediately, Zynga, the creator
of social games like Farmville, as well as other companies with offices outside the
special tax zone, tried to broaden the terms
of the
tax break so that it would include them.
Additional revenues for income
tax cuts could also be found by eliminating income splitting for high - income families with children under18 (about $ 2 billion), and by eliminating many
of the unfair and unnecessary «
special»
tax breaks (about $ 1.5 billion) introduced by the Conservatives.
To make matters worse,
tax rates are being cut for the rentiers who receive this interest, while their array
of special exemptions and
tax breaks are widened as they gain control
of the political process through campaign contributions and ownership
of the media.
This includes the splitting
of pension income for seniors, (to make amends for
breaking its promise on the taxation
of family trusts);
special tax preferences to support participation
of youth in sports activities, arts and cultural activities;
tax breaks for people who take public transit; and,
tax breaks to help volunteer firemen.
Obama wants to do away with corporate
tax benefits like oil and natural gas industry subsidies,
special breaks for the purchase
of private jets and certain corporate
tax shelters.
In the new
tax law, note that the preservation
of the despised «carried interest»
tax break is an example
of a how politics get manipulated by a
special interest when the heat
of scrutiny is replaced with the sense
of political urgency.
The Christian Right wants public money to be used for private religious education (vouchers), buildings and services to be used for private religious purposes (this article), and they want subsidies in the form
of tax breaks,
special exemptions
of other sorts, and they even want to destroy Aid to Needy Families so they can drive people into seeking help at their private religious «missions» where you are not allowed to eat unless you are a Christian, and so on.
I was thinking more
of organizations and businesses who receive
special treatment from government (usually in the form
of tax breaks) because they have political clout.
«The American Frozen Food Institute commends the Senate for rejecting the continuation
of a
special - interest
tax break that saddles food producers with higher costs and drives up prices for consumers in the check - out aisle.»
Murphy is returning fire by accusing Gibson
of wanting to preserve
tax breaks for
special interests, which would boost the country's foreign debt and help China's economy.
At the Oct. 19 Delegate Assembly, the first since the summer
break, UFT President Michael Mulgrew reported on principals abusing the teacher evaluation system, the dysfunctional
Special Education Student Information System and the need to make the state's richest pay their fair share
of taxes.
One
of the initiatives was a bill that created a
special sales
tax break for online - only publications that charge for subscriptions.
Of Glenwood's 26 New York properties, about a third received
tax breaks and
special financing under the 421a program, according to news reports and public records.
«It means while all
of us are struggling to shoulder our share
of the Governor's burden, his «
special interests» — the wall street bankers, real estate tycoons and ultra rich business owners who make up his Committee to Save New York - will get a great big
tax break!»
It subpoenaed five major real estate developers in connection with a bill that granted
special tax breaks for some
of their projects.
The Democratic ad suggested Fischer supports «
special tax breaks for millionaires» and represents the interests
of «Washington insiders.»
SAN JUAN, P.R. — State lawmakers said they see no reason to return to the Capitol for a
special session to deal with the 421 - a housing
tax break, and said they want to pore over details
of a recent agreement between developers and building trade unions.
These schemes also include
tax breaks for private school participants, a statewide voucher system,
special education vouchers, takeover policies that allow unelected czars to control public schools, and an expansion
of private charters.
Of course, there are lots of cases where this won't be exactly right, such as if you are on the edge of a marginal tax bracket or when reducing your taxable income will entitle you to special tax breaks (like the child tax credit
Of course, there are lots
of cases where this won't be exactly right, such as if you are on the edge of a marginal tax bracket or when reducing your taxable income will entitle you to special tax breaks (like the child tax credit
of cases where this won't be exactly right, such as if you are on the edge
of a marginal tax bracket or when reducing your taxable income will entitle you to special tax breaks (like the child tax credit
of a marginal
tax bracket or when reducing your taxable income will entitle you to
special tax breaks (like the child
tax credit).
I've spent most
of my professional life advising wealthy clients and money manager firms, these
special retirement investing
tax breaks are the # 1 strategy the rich use to lower their
taxes and make more money on their investments.
property purchase here, I don't expect any
special treatment or bail - outs (in the form
of tax breaks / uneconomic interest rates)-- similarly had my purchase shot up in value I wouldn't expect a punitive
tax on my gains either.
This type
of account has no
special tax breaks for saving for retirement, but it comes in as Step 5 in our order
of operations for funding retirement because it is important to invest versus just saving.
Conventional approaches advanced as «painless alternatives» — a plethora
of standards,
special - interest technology subsidies, and
tax breaks — won't do the job, and will be unnecessarily expensive.
One
of the engines
of job growth and foreign investment is the maquila or maquiladora industry — manufacturers who enjoy
special tax breaks under NAFTA and produce electronics, parts and supplies for American companies in the automotive, aerospace and defense sectors.