Sentences with phrase «provides big tax breaks»

The budget «makes huge, irresponsible cuts hurts families who are struggling to find jobs and put food on the table, but provides big tax breaks for millionaires and large corporations whose profits are soaring,» Kelly says.

For example, the interest on a home mortgage is tax deductible, which can provide a big tax break.

For most of these folks, the Standard Deduction provides a bigger tax break than itemizing and taking the mortgage interest tax deduction would.

Not exact matches

It also provides several hundreds of millions in support to clean tech in sectors like transportation and clean energy, and offers a new tax break to geothermal energy, a renewable energy source with big potential in Canada.

Miner and Mahoney spent a big part of the hour - long chat at the Palace Theater debating the wisdom of providing tax breaks to the Destiny USA mall, which now seeks a 20 - year tax abatement to build a hotel.

That's a big advantage because you can earn returns on the money in the account — and the returns are never taxed.Roth IRAs provide after - tax savings, meaning there's no tax break today, but all contributions grow and can be withdrawn tax - free in retirement.

These retirement plans provide one of the two biggest tax breaks available to middle - income Americans (the mortgage deduction is the other).