At the same time, California munis can be volatile because state revenue depends
on wealthy taxpayers whose incomes are tied closely to the stock market.
Not exact matches
Separately, some Republican senators were questioning the repeal of a 40 percent inheritance tax levied
on estates worth more than $ 5.5 million, or $ 11 million for married couples — a tax paid only by the
wealthiest American
taxpayers, or about 0.2 percent of Americans, according to the Center
on Budget and Policy Priorities, a research and policy institute.
Given his financial experience, Mr. Paulson had to know how deceptive his promise was in placing such emphasis
on the government's stock options, the sweetener that has made so many executives fabulously
wealthy: «
taxpayers will not only own shares that should be paid back with a reasonable return, but also will receive warrants for common shares in participating institutions,» he explained.
At a time of huge government surpluses, universal shelter, like universal health care, is
on the agenda of few politicians, who argue instead about how many billions of dollars to return to
wealthy taxpayers..
Wealthier taxpayers might be holding back
on cashing in investments while they wait to see if Congress makes changes to the tax code that could result in more advantageous tax rates.
Although, certain «elite» universities seem to strongly favour overseas students (mostly American), especially
on postgraduate courses, no doubt because they are far more lucrative than home - based students (highly ironic, considering the recent funding outcry - more money from the
taxpayer for the best tutors to tutor the
wealthier overseas students).
«The governor's insidious cycle of doling out tax breaks to his
wealthy donors is bad enough
on its face, but its outrageous
taxpayers were forced to subsidize this creep.
Gov. Andrew Cuomo hinted in his State of the State speech
on January 3 that he might back tax hikes
on people he says will benefit the most from the recent federal tax overhaul, which includes cuts to corporations and some
wealthy taxpayers.
Gov. Cuomo hinted in his State of the State speech
on January 3 that he might back tax hikes
on people he says will benefit the most from the recent federal tax overhaul, which includes cuts to corporations and some
wealthy taxpayers.
Cuomo said preventing upper - middle - class and
wealthier taxpayers from using the deduction will help drive them out of the state and put more of a tax burden
on lower - income earners.
Governor Cuomo hinted in his State of the State speech that he might back tax hikes
on people he says will benefit the most from the recent federal tax overhaul, which includes cuts to corporations and some
wealthy taxpayers.
In another example of how the
wealthy use the tax code to their benefit while public schools suffer, some states are funneling public dollars to private schools and allowing businesses and upper - income
taxpayers to turn a profit in the process, according to a report released by the Institute
on Taxation and Economic Policy (ITEP).