Sentences with phrase «several federal tax benefits»
The Internal Revenue Service, or IRS, provides several federal tax benefits to Social Security disability recipients.
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The disclosures come on the heels of last week's proposals by Republican lawmakers to provide several new tax benefits for multinational companies, including cutting the federal corporate income tax rate to 20 percent from 35 percent.
He cosponsored several different pieces of legislation that called for student tax benefits, student loan forgiveness and discharge, and federal student loan refinancing.
Lower Social Security benefits and the new payroll tax are not enough to offset the 5 percent diversion of payroll taxes, however, so the federal government will be forced to borrow funds from private savers over the next several decades.