Sentences with phrase «phaseout by»

prompting a complete phaseout by the senate, 99 - 0.

If you only qualify for a partial contribution, there is a breakdown of the Roth IRA partial contribution phaseout by income in the tables at the end of this post.

A surcharge on utility bills called the 18 - a assessment was enacted as a temporary measure in 2009, renewed, and then scheduled for phaseout by 2017.

Not exact matches

The Task Force is due to report back to McKenna by the end of this year, after engaging with workers and communities affected by the coal phaseout.

The phaseouts also create hidden taxes over the phaseout range and diminish the effectiveness of the credits by encouraging the very activities they are designed to spur.

While critics of the deal focus on comparing Canada's tariff phaseout period on vehicles to the longer tariff cut schedule offered by the United States, they fail to acknowledge that the important bilateral concession offered by the United States was the immediate elimination of U.S. duties on auto parts — something that will benefit American assembly plants as well as TPP parts makers.

Much has been made by opponents of the deal of two provisions: the five - year tariff phaseout and the more flexible rules of origin.

And, notes Richard Denison, senior scientist at Environmental Defense Fund, many other PFC compounds not covered by the EPA actions or voluntary phaseouts are currently used — including in food packaging — that raise similar environmental health concerns.

The phaseout of halons has led to a scramble by government and industry researchers to find environmentally suitable replacements.

The request would initiate the 3 - year phaseout of the LLE by cutting its budget from $ 68 million in 2017 to $ 45 million in 2019.

The phaseout was initially scheduled to be complete by 2030, but UNEP says Beijing already met the goal last year.

As with the HCFC phaseout, developed countries agreed to make the first move: They must begin abandoning the production and consumption of HFCs next year and achieve an 85 % reduction by 2036.

The Dodge Grand Caravan, which survived a planned phaseout last year to live on for a while longer, was last redesigned in 2007 by DaimlerChrysler.

Income within the phaseout range is mostly taxed in the 35 % tax bracket, so roughly speaking PEP increases the marginal tax rate in this range by about 1 percentage point (35 % times 3 %) for each personal exemption (but double that if you're married filing separately).

If taxpayers are close to a phaseout range of a tax benefit they're otherwise eligible for, they could try to lower their adjusted gross income (AGI) so they can claim the tax benefit, for example by contributing as much as possible to a pre-tax retirement plan, such as a 401 (k) or 403 (b) or a deductible IRA.

Your deduction eligibility is gradually reduced and eventually eliminated by phaseout as your modified adjusted gross income (MAGI) increases to the annual limit for your filing status.

Deductions impacted by income phaseouts, such as medical expense deductions, miscellaneous itemized deductions, and the AMT exemption (for those subject to the Alternative Minimum Tax), can all cause the marginal tax rate that applies to income to vary from just the tax bracket alone.

Yet the irony is that while they are referred to as «phaseouts of itemized deductions» and a «personal exemption phaseout» the reality is that the Pease limitation and PEP are applied primarily based on the extent by which someone's income is over specified thresholds.

A new fleet of power plants fired by natural gas may have better fit the jagged generation gap left by the nuclear phaseout, given gas power's reduced carbon emissions and flexibility to balance feed - in variations.

Between 2000 and 2010 — under a looming urgency to secure energy supplies posed by the Schröder nuclear phaseout — the share of renewables in Germany's power profile soared from 6.4 % (37 TWh) to 17 % (103 TWh), and installed nameplate capacities surged by almost 500 %, from 12 GW to 56 GW.

A CO2 emissions peak by 2016 and complete phaseout of conventional fossil fuels by around 2050 will be necessary for a greater than 85 % chance of holding global warming below 2 °C

In the 1980s, tradable - permit systems were used to accomplish the phasedown of lead in gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costs).

Current language in the draft climate agreement supports a «100 percent phaseout of fossil fuels by 2050,» something environmental groups have promoted for years.

«That demands a speedy switch to the phaseout pathway, especially regarding conversion of coal into electricity,» Barbara Hendricks, the German Environment Minister, said by e-mail before the deal was announced on Saturday.

Chancellor Merkel also said that Germany would still attempt to meet its aggressive target of reducing greenhouse gas emissions 40 % below 1990 levels by 2020 despite the phaseout of its nuclear plants.

As with the HCFC phaseout, developed countries agreed to make the first move: They must begin abandoning the production and consumption of HFCs next year and achieve an 85 % reduction by 2036.

It calls for a revenue - neutral carbon price, a 10 million person «clean energy workforce,» a 65 miles per gallon average fuel economy for cars and trucks by 2025, the construction of a nationwide high - speed rail network, a ban on oil drilling offshore and in the Arctic, and a phaseout of subsidies to the fossil fuel industry — all top items on environmentalists» wish lists.

This killed Republican attempts (by the aptly named Reps DeLay and Doolittle) to stop the phaseout of CFCs, and Baliunas has been very quiet on the ozone issue ever since.

An article by University of Toronto professor Danny Harvey and Lika Miao now argues that only an oil sands phaseout would allow Canada to meet its (insufficiently ambitious) 2030 emission reduction targets.

En route to its 2050 Energiewende goal of 80 % of the nation's power being supplied by renewables, especially spurred on by the phaseout of nuclear reactors, Germany broke another renewable energy record on Sunday, May 11, 2014.

No doubt having the UN come put in favour of phaseout will be well received by Joe Barton and Michele as well.

The International Energy Agency projects that a phaseout of oil consumption subsidies by 2020 would cut oil use by 3.7 million barrels per day in that year.

Methyl bromide was to be phased out by 2005 — however the United States «championed a significant loophole in the ozone regime that allows parties to continue using methyl bromide for «critical agricultural uses» even after the phaseout date» (Chasek et al 169).

[13] At this income level, David and Valerie's itemized deductions are reduced by 3 % of the excess of their AGI ($ 450,000) over the 2018 phaseout threshold of $ 320,000, or by $ 3,900.

• Reinstates the Pease / PEP phaseouts for deductions; for married taxpayers with AGI above $ 300,000 ($ 250,000 single), the Pease limitation reduces total itemized deductions by 3 percent for the dollar amount of AGI above the thresholds.

The House bill went beyond this by limiting the exclusion to those with incomes of less than $ 250,000 (for singles filers) and $ 500,000 for joint returns (subject to a phaseout).