Sentences with phrase «over average taxpayers»

Small - business owners really do have an advantage over average taxpayers, so don't let the opportunity to save money slip you by.

Not exact matches

«The consequence of the long - drawn - out negotiations over the latest reform appears to be little or no long - term saving to the taxpayer or reduction in generosity, on average, of pensions for public service workers,» Carl Emmerson, deputy director of the IFS, said.

First of all, with a shelf life averaging just over 2 years, there is a cost to the taxpayer in terms of the frequency of general elections.

An estimated 1.3 million taxpayers would get an average credit of about $ 950 when fully phased in over four years.

He said when fully phased - in over four years, more than 1.3 million taxpayers would receive an average credit of $ 950.

In addition, the IRS has issued a total of more than $ 226 billion in refunds with an average refund of $ 2,864 per individual taxpayer — representing a 0.5 % increase over last year.

One big way they do so, according to a report by the Economic Policy Institute, is that an educated workforce directly correlates with higher average wages which leads to the government collecting more taxes over the course of an educated taxpayer's life.

High - income taxpayers benefitted most from these tax cuts, with the top 1 percent of households receiving an average tax cut of over $ 570,000 between 2004 - 2012 (increasing their after - tax income by more than 5 percent each year).

Just over a decade ago, the Canada Revenue Agency (CRA) was asked whether a taxpayer was required to use the Bank of Canada annual average exchange rate to convert pension and investment income to Canadian dollars.

• Taxpayers with AGI over $ 200,000 would see average tax decreases of over $ 15,000.