Sentences with phrase «portion of your income»

The problem, according to the plan's critics, is that financial entities such as private - equity, venture capital and hedge funds are all partnerships whose wealthy partners would see substantial tax savings on large portions of their income unless congressional tax writers find a way to exclude them.

HSA's allow individuals to divert a portion of their income into a savings account, providing a cushion of pre-tax dollars for when health costs do come up.

Much the year - end maneuvering noted by the Rockefeller Institute involved the country's millionaires and billionaires rearranging their finances to maximize the portion of their income that would be taxed in 2012, at lower rates, rather than in 2013, at potentially higher rates.

Millennials and those born in the 1960s in China allocate a significant portion of income to international travel, says Abhiram Chowdhry of Hotels.com.

But it's certain that a significant portion of income came from earnings from the NBC reality show and Trump's heightened earning power as a result of it, which helped him in years to follow.

In most cases, the amount of money this generates is pretty inconsequential, but for YouTube's most popular content creators, the amount of money their channels generate can be a significant portion of their income.

The wealthy are giving a smaller portion of their income to charity, while lower - income Americans are giving more.

Budget a portion of your income to automatically be deposited into an investment account with the lowest monthly fees.

A portion of this income may be subject to state and local income taxes, and if applicable, may subject certain investors to the Alternative Minimum Tax as well.

By reviewing your car - related expenses in total, you can see the portion of income that goes toward your car each month.

For instance, a portion of the income you receive may be subject to the federal alternative minimum tax, even if that income is classified as tax free.

In any country, they argue, only a small portion of the income earned in any year is a result of individual work effort, ingenuity and risk - taking.

Building on this, a large portion of these income - driven beneficiaries do not actually need the benefits of such a plan.

I'm in my early 30's and want to be able to retire or semi-retire at 40 by using dividends and real estate as a great portion of my income.

It has been established that a large portion of income - driven plans are for higher income borrowers who are not likely to default on a loan.

While paying down your debt, commit to putting a portion of your income toward savings each month.

The new research paper follows on a report last year co-authored by Prof. Wolfson and two other researchers, who concluded many of Canada's wealthiest people are funnelling a large portion of their income through CCPCs that are not reflected in standard measures of individual earnings.

A portion of the income you receive may be subject to federal and state income taxes, including the federal alternative minimum tax.

One of the smartest ways for long - term investors to put their money to work is to invest a portion of their income every month.

If you spend a large portion of your income on groceries, getting a credit card that rewards you for shopping at the supermarket might make sense.

Despite the good financial behaviors of millennials and good news on the employment front, it isn't translating into more people saving a portion of their income.

There are a number of ways to shield portions of income from taxation and pay a lower overall rate.

A 401 (k) is a type of workplace retirement savings plan that allows employees to contribute a portion of their income with pre-tax dollars into their own retirement investment account.

What may be missing is the dramatic and increasing portion of income that will be needed for health - care costs for each year spent in retirement, which are currently projected to increase at over 5 % annually.

What matters most is that you're dedicating a significant portion of your income to improving your financial life, regardless of whether that's in the form of IRA contributions or debt payments.

A tax deduction allows you to exempt a portion of your income from taxes, and its ultimate value will be a function of your effective tax rate.

Here's a review of the portion of income that goes to state and local governments taxes per capita.

Add in the fact that higher income people usually derive a larger portion of their income from investments (which tend to have associated tax benefits), and it's easy to see how the percentage paid out in taxes is almost the same for all income brackets over $ 40,000, as MLR notes.

The majority of bloggers who are earning significant money online earn at least some portion of their income through affiliate sales.

My house is no longer cluttered with DVD cases, and I no longer waste vast portions of my income on buying films and boxsets (although that presents a challenge to the industry, which I'll come to).

Football fans invest a portion of their income (for some, far more than 10 %) in the club they attend.

On the contrary, giving has been declining as a portion of income for almost 30 years.

That compares to an 8 percent drop in AAFRC's own estimate of income given to religion, or the 35 percent decline in the Filer - based series, which suggests that giving as a portion of income to both churches and helping agencies has declined.

He and his fellow Oxford Methodists gave significant portions of their income to succor the poor and spent much time ministering to condemned prisoners (after a lifetime of lavish giving, Wesley died a relatively poor man).

Paul states that believers should set aside a portion of their income in order to support the church (1 Corinthians 16:1 - 2).

While funding of regional, national and international mission activity varies among denominations, most rely heavily on asking individuals to set aside a portion of their income for their congregation, which in turn is encouraged to forward a portion to the denomination's mission fund.

In both passages, however, there are no instructions or commands for God's people, either then or now, to give a portion of their income to God by giving it to the priests.

I must ask: What portion of their income should millionaires pay to the U.S. government?

A new company set up by a former Beatles collaborator is to donate a portion of its income and proceeds from its first foray into cinema to Meat Free Monday.

VATs are regressive, as they tax consumption rather than income and the poor consume a larger portion of their income.

The measure Cuomo signed allows workers to deduct 100 percent of dues, regardless of the portion of income they represent.

(White Plains, NY)-- In an effort to protect child care subsidies for low - income families, the Westchester County Board of Legislators (BOL) approved new legislation and two resolutions tonight aimed at stopping County Executive Robert P. Astorino and the Westchester County Department of Social Services (DSS) from increasing the family contribution to daycare expense from 20 % to 35 % of the portion of income that exceeds the federal poverty level.

Stiglitz and Orszag conclude that the least damaging type of temporary gap closing action during a recession is a tax on the portions of income that are least likely to be spent.

First, the formal basic information on how Social Security works: Informally, it's very simple from the view of an individual: A portion of your income is mandatorily taxes (FICA tax), with the proceeds used to fund the Social Security fund.

The commission recommended spending $ 1 billion over three years on a property tax «circuit breaker» — where citizens get a rebate when property taxes hit a certain portion of their income — as well as an effective freeze for ratepayers who live in municipalities that abide by a Cuomo - passed two - percent cap on growth.

This keeps a portion of the incoming light from reaching the starch layer, ensuring that it is reflected in a directional manner by the flat cells at the base of the epidermal layer.

Save a portion of your income for emergencies and invest in the markets.

But yet, hundreds of men send huge portions of their income to a woman they've never met for extended periods of time, hoping to get the woman of their dream.

Yet, hundreds of men send huge portions of their income to a woman they've never met for extended periods of time, hoping to get the woman of their dream.

Richer, larger and more prestigious independent schools devote a smaller portion of their income to bursaries than their smaller and less high - attaining counterparts, according to new research commissioned by the Sutton Trust.