Sentences with phrase «received over taxes»

Note that negative figures represent an excess of benefits received over taxes payable.

Not exact matches

Families with incomes over $ 200,000 would receive 84.6 percent of the tax reductions in 2026.

And families with incomes over $ 1 million would receive 58.9 percent of tax reductions.

If the 8,000 Canadians who received stock options as part of incomes over $ 250,000 paid taxes on this money at the same rate as the rest of their income — treating executive compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.

To get ahead of that, he said, consider accelerating your charitable donations to capture the current tax benefit or use a donor - advised fund, which lets you make a charitable contribution and receive an immediate tax break but then distribute the funds over time.

It's a broad range that, according to your interpretation of the measure's wording, would include even very early - stage startups so long as they've received more than $ 1 million in funding over the course of a single tax year.

In California, Tesla has received sales - tax exemptions, which it expects will save the company $ 90 million over a decade.

Greece has had to axe thousands of jobs, hike up taxes and curb pensions, as part of its ongoing conditions with creditors over receiving $ 240 million worth of emergency cash.

While the lower tax rate gives Amazon an advantage over brick - and - mortar retailers in Alabama, local governments are not getting as much revenue as they could be receiving.

The transaction will provide a capital gains tax - deferred roll - over option for taxable Canadian holders of Shoppers Drug Mart shares who elect to receive Loblaw shares.

Unless, of course, you are talking about the families of the wealthy and privileged who have received about 70 per cent of federal personal tax cuts over the past 10 years.

Additionally, even though they only represent about 20 percent of all tax units, those with more than $ 100,000 in income receive over 85 percent of the mortgage interest deduction tax benefits.

Quick Hits: I received a combined federal / state tax refund of just over $ 2800 which I quickly put to work initiating two new positions for my portfolio.

The lower the expected path of national income, the less favorable the distribution of that income is expected to be, and the greater the uncertainty over the mix of tax rates and benefits a person or business expects to pay and receive, the less they will spend or invest today.

According to the Tax Foundation, people with incomes over $ 100,000 receive more than 88 % of SALT deduction benefits.

Anyone who has over $ 1 million in passive investments in their corporation because they will no longer receive the full benefit of the small business tax rate.

Electing to receive smaller paychecks might seem unfathomable, but think of it as paying your taxes more accurately over the course of the year, as opposed to being hit with a massive bill at tax time.

Tariffs of $ 30 billion a year would wipe out over a third of the savings American families received from the doubling of the standard deduction in tax reform.

Fact: Over half of the tax breaks handed out go to the wealthiest 20 per cent of British Columbians, and the poorest 40 per cent of people in B.C. won't receive a dime.

When it was over the IRS would claim that between 1981 and 1989 the Bakkers had received some $ 9 million in excess compensation from the tax - exempt organization.

In return for de-annexing the Orland Park properties, the Mokena Park District is to receive $ 600,000 in payments over the next four years from Orland Park to help offset some of the property tax revenue the Park District will lose.

«And he gets over ten million dollars a year in government rents, and received over twelve million in tax breaks.»

Our minimum wage workforce also get a raise and our middle - class households receive over $ 1 billion in tax relief.

While the richest 1.1 % would receive over 60 percent of the tax cut, 2.5 million New Yorkers would be left entirely.

The Fiscal Policy Institute says Wal - Mart alone might receive $ 19 million over the next five years under the tax credit with its current staff.

Republican candidate for governor Rob Astorino on Tuesday released his 2013 tax returns, while his campaign also revealed the Westchester County executive had received more than $ 100,000 in outside income over the last several years from a Connecticut - based media firm.

I live in a district which has over half the residents as renters and another quarter being senior citizens who receive senior star, and veterans exemptions so many individuals will be stuck with property tax increases of 5 - 10 % anyway.

According to Manna, Walmart received a property tax exemption from Erie County that will save the company $ 128,000 over 10 years on its Sheridan Drive Super Center.

Dec. 29, 2014: The Times reports that federal investigators are probing Silver over payments he received for referring real estate clients to the tax certiorari law firm of Goldberg & Iryami.

In October, the Syracuse Post-Standard reported that two landlords received more than $ 400,000 in government aid for rent while neglecting to pay over a million dollars in property taxes to the city.

It should be no surprise to learn that over 50 % of all lone parents receive housing benefit and council tax benefit and 50 % also receive out of work tax credits.

The 6 percent annual assessment increase limits, or 20 percent over five years, satisfy state law aimed at preventing homeowners from receiving sharp assessment hikes, which can boost tax bills.

Had the Library Tax levy been allowed to grow in proportion to the growth in assessed value since last year, it would have grown $ 1.0 million over the $ 21.7 million received in 2006 without an increase in the tax rate (using figures reported in the County Executive's proposed budgeTax levy been allowed to grow in proportion to the growth in assessed value since last year, it would have grown $ 1.0 million over the $ 21.7 million received in 2006 without an increase in the tax rate (using figures reported in the County Executive's proposed budgetax rate (using figures reported in the County Executive's proposed budget).

Silver, a Manhattan Democrat who has served as speaker of the state assembly since 1994, has been under federal investigation over payments he received from a small law firm, Goldberg & Iryami, that specializes in New York City real estate taxes.

After the government last November proposed new regulations for these groups, known by their tax status as 501c4s, the IRS received over 150,000 comments — the most ever received on a possible tax regulation change officials said.

«I've kept my promise to fight for Long Island by voting over 175 times against raising taxes, delivering a $ 20 million increase in aid for South Shore schools, and passed a plan to prevent corrupt pols from receiving taxpayer funded pensions.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

In total, a # 387 million investment in claiming unpaid tax has seen an additional # 4.32 billion received over the last five years, but MPs warned even more could have been reclaimed if the HMRC approaches spending cuts on the basis of delivering value for money.

To assist BAE Systems, the state put together an incentive package of $ 40 million in job and investment - related tax credits over a five - year period through legislation that enabled companies significantly affected by natural disasters to receive disaster - related tax benefits for retaining jobs in New York State.

Since New York taxpayers already send over $ 40 billion more in tax dollars to Washington than we receive back in federal benefits and services, we are not being subsidized by any state.»

After a day of partisan bickering over whether the Republicans» sweeping tax plan would truly help the middle class, a key House panel approved late changes, restoring the tax exemption for employees receiving child care benefits from their companies, but also putting new requirements on a tax credit used by working people of modest means.

ALBANY — Mayor de Blasio traveled to the Capitol Tuesday seeking relief from Gov. Cuomo's budget cuts but instead received a grilling over his resistance to a property tax cap.

I hope they will aim to raise the initial tax threshold to the current subsistence level (even if over a few years), simplify the benefit system so that benefit claimants receive in effect a weekly wage or monthly salary instead of a number of dribs and drabs (all of which require horrendous forms), amalgamate NI with IT and then look at introducing a flat tax to cover the lot.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

At the rate the House Ethics Committee is receiving complaints — over Mr. Rangel's real - estate problems, tax problems, his privately sponsored trips to the Caribbean, and donations to his center in New York — this too will make headlines for a while.

Pearson will receive at least $ 13.5 million in city - granted energy - cost savings and state tax credits over 10 years for moving to 330 Hudson St. by summer 2014.

Senate Majority Leader John Flanagan (R - Suffolk County) received over 9,000 of the taxes.

The Conservatives said its calculations showed the revenue the Treasury received from NI had risen by 22 per cent in real terms since 2001 - 02, five times the four per cent growth in income tax receipts over the same period.

On Election Day, Tuesday, November 8 at his New York City office, Governor Andrew Cuomo will receive over 2,000 signatures from constituents arguing for extending the Millionaire's Tax beyond December 31, 2011.

· County officials budgeted $ 175 million in revenue from sales and use tax in the 2013 fiscal year, which is an increase of approximately $ 6.8 million or 4 percent over the actual amount received in the 2012 fiscal year.