Sentences with phrase «same tax rate»

And using offshore accounts or holding companys aren't particularly effective methods for shielding income for tax purposes (since offshore accounts are subject to a whole whack of anti-avoidance rules and holding companys are typically subject to more or less the same tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»).

I could definitely figure out how to funnel expenses through a part time business... I think I keep thinking along the lines that I'm going to be paying the same tax rate after retirement, but reality is you could get pretty lean and mean if one focused on it.

For example, if everyone paid the same tax rate on dividends, the tax could be collected from dividend payers without having to trace who got what.

So in Denmark, everyone with above average income pays the same tax rate.

You're just continuing the same tax rate.»

«Assembly Democrats share the Governor's belief that we need to restore fairness and equity to our tax system — someone who makes $ 50,000 should not be paying the same tax rate as someone making $ 5 million,» Speaker Sheldon Silver said.

We strongly believe that those making $ 50,000 a year should not be paying the same tax rate as those earning $ 5 million, as would have been the case had we simply allowed the millionaires tax to expire at the end of this year.

We strongly believe that those making $ 50,000 a year should not be paying the same tax rate as -LSB-...]

So, it's not like you're raising taxes, you're just continuing the same tax rate, and if they haven't left in the past eight years I don't know why we would be afraid they would leave now.»

«People who make $ 50,000 can't be paying the same tax rate as people making $ 5 million.

If Gov. Cuomo's signature tax cut stands, a family making $ 40,000 this year will pay the same tax rate as one that makes $ 40 million a year, forcing more and more service cuts on top of those that have already been leveled over the last three years of austerity.

While the amount of collections would go up, the school districts would retain the same tax rate.

School districts serving communities where property is worth less simply can not generate the same level of revenue at the same tax rate as wealthier communities.

Amazon most likely could not compete with local book stores if it would pay the same tax rates as the local stores.

The bottom line here is that if you are generating interest income from any of your investments, they will be subjected to the same tax rates as the tables above.

Once you get over the minimum threshold, the same tax rate applies on all income beyond it.

Certain dividends known as qualified dividends are subject to the same tax rates as long - term capital gains, which are lower than rates for ordinary income.

The tax you owe on earnings you withdraw from your tax - deferred IRA, and on your contributions if you deducted them, is figured at the same tax rate that you pay on your ordinary income.

We realized a 31 % gain using a tax - deferred investment option given the same tax rate!

Other than state taxes in a taxable account, you'll pay the same tax rates on a CD, Treasury, or taxable bond fund earnings, whether in a taxable account or upon distributions from a tax - deferred account.

I assumed the same tax rate.

In my case, I predict tax rates going up by the time I retire, plus for those saving a considerable portion of their earnings now and doing well on growth of those savings, you might be in the same tax rate or even higher when you withdraw.

A withdrawal from any registered account attracts the same tax rate, Brian — full income inclusion — in most circumstances.

But contrary to popular belief, you do NOT pay the same tax rate on all of your income.

This filing status allows individuals to use the same tax rates as those who are «married filing jointly» as well as the highest standard deduction (provided they do not itemize deductions).

For example, if everyone paid the same tax rate on dividends, the tax could be collected from dividend payers without having to trace who got what.

The new tax law shifts the bracket cutoffs so that couples making $ 400,000 or less per year pay the same tax rate as if they were single.

As property appreciates in value, local taxing authorities are able to collect more revenue based on higher assessed values (using the same tax rate).