Sentences with phrase «share the tax burden»

The wealthiest Americans and the biggest corporations would share the tax burden with those (including many union members) who enjoy the most generous employer - provided health plans and those (including inner - city residents with suburban jobs) who commute long distances in gas - guzzling cars.

If Andy Spano can not see the logic in that how about the WHOLE county share the tax burden for the Sewer Treatment Upgrades that New Rochelle Residents will be hit with in the near future.

Not exact matches

Unfortunately, few finance ministers are brave enough to talk plainly about what people actually pay in taxes and receive in government transfers or what they think is a «fair» distribution of the tax / transfer burden we all share.

And if you have investments or shares, your accountant can provide advice about ongoing management as well as how to set things up correctly in order to manage any Capital Gains Tax burden.

«Business property taxes and land transfer taxes represent about two - thirds of the total tax burden on corporate investment in Canada, a large share for governments to continue ignoring.»

Overview of federal tax receipts: the composition of federal tax revenues, the income distribution of tax shares and liability, and the changes in total tax burden and as a percentage of GDP over time.

That leaves the ETF issuer with shares bought at or above today's market price, thus reducing the fund company's total tax burden even further.

So in a sense, there is no «corporate share» of the tax burden — there's just the question of whether various taxes and deductions operating in the corporate world broadly understood are effective in achieving our goals.

These results mean that the GOP's individual income tax cuts made the income tax system more «progressive,» with higher earners paying a larger share of the overall burden.

If you are considering selling shares in a privately held company, you may find that donating a portion of the shares to a charity or donor - advised fund account before the sale can help to reduce your tax burden and enable you to give generously to charity.

See which state's residents pay the most federal taxes, shouldering the greatest and least shares of this burden.

Also, our state is paying a higher share of U.S. Tax burden than in the past.

However, since ETRs incorporate no information on industry costs, a disparity in ETRs can not necessarily be taken as diagnostic that the tax burden in one jurisdiction might be too light in comparison to that of some other jurisdiction, because it is costs that ultimately determine the share of gross revenues available to be divided between taxes and industry profits.

In response to the HMRC's revelation of the continued enormity of the tax gap, Danny Alexander announced that 2,250 extra government tax inspectors would be tasked with tackling tax evasion and avoidance, including an «affluence team» to target those in the 50p tax band and ensure that «those with the broadest shoulders bear their fair share of the burden», as he told The Independent on Sunday.

It's time for those who have been the sole beneficiaries of New York's insane tax burden to do their fair share and accept the cuts that are needed to Save New York.

Where we have taxes on transactions (such as stamp duty land tax on houses and stamp duty reserve tax on shares), we hear concerns about the unfairness of the tax and the burden that it places, given that there can be no profit out of which to pay the tax.

«This new law will help us safeguard property taxpayers from bearing an unfairly large share of the local tax burden in areas where many new developments are taking place,» Senator Carlucci explained.

«As a way to reduce the property tax burden on homeowners across the state, Governor Cuomo proposed making the county - wide shared services panels that were mandated by the state last year a permanent fixture of local governments... in 2017, 34 counties submitted nearly 400 projects with more than $ 200 million in savings... Cuomo proposed making state funding for local government conditional on the continuation of shared services panels.

We pay our fair share, but the burden of high taxes is crippling our families.»

Cuomo and House Democrats from New York — including Rep. Sean Patrick Maloney, D - Cold Spring — have argued the federal government should reimburse the state for the counties» Medicaid cost share if it wants to ease the property - tax burden on county taxpayers in New York.

«It means while all of us are struggling to shoulder our share of the Governor's burden, his «special interests» — the wall street bankers, real estate tycoons and ultra rich business owners who make up his Committee to Save New York - will get a great big tax break!»

His plan for providing permanent funding for pre-K education asks that the wealthiest New Yorkers step up to pay a modestly higher share of the overall tax burden.

Morris Peters, a spokesman for the Budget Division, acknowledged that poorer districts rely on state aid for a larger share of their operating budgets, but said the cuts were structured «progressively, accounting for each school district's wealth, student need, administrative efficiency and tax burden.

A Cable chancellorship with Labour backing could be bold in redistributing the tax burden - ending higher - rate tax relief on pensions, closing tax loopholes at the top and reducing the share paid by lower earners.

Governor Andrew Cuomo says local governments should share resources to ease tax burdens that could increase under federal tax proposals.

Faso said his overriding concern was the impact on high - net - worth New Yorkers, upon whom New York depends to shoulder a major share of the state's tax burden.

«Homeowners and businesses in these communities benefit as the state takes on a larger share of the property tax burden every time local officials keep the tax levy within the cap,» Peters said.

«By reining in excessive property tax costs and building on accomplishments achieved over the past six years, our efforts to reduce wasteful spending and increase public involvement in local government with these shared services plans will lessen the tax burden for residents and ensure New York remains the greatest state in the nation.»

Eachus's major issues include pushing for the area's «fair share» of school aid in Albany and lowering the tax burden in the area.

The shared service plans had been pushed by Gov. Andrew Cuomo as a means of controlling the local property tax burden.

Boris Johnson believes that London already pays more than its fair share of UK tax revenues and is unhappy at this extra tax burden:

When elected to the Saugerties Town Board, I'll use this expertise to work with my colleagues to develop new shared services plans with the hope of lessening our overwhelming property tax burden.

So, as a legislature, we need to smartly grow our tax base through economic development which balances commercial and residential growth and not shift the lion's share of the tax burden to the people of our county.

If we can reduce a fraction of the annual chargebacks that end up on our property tax bills, the $ 7.5 million cost to the county would be money well spent, especially for taxpayers in Grand Island and the Tonawandas who bear the lion's share of the chargeback burden.

As April 15 approaches each year, most of us line up to pay our fair share of the federal tax burden.

Not only does it shift responsibility for bearing the losses from the borrowers (who should be primarily responsible) but it shifts the burden onto those less culpable such as investors who purchased shares in the lenders, CDOs etc and, above all, the tax payer.

Even if the previous owner bought those shares years or decades ago at a lower cost basis, you won't get hit by the tax burden.

But when it comes time to sell those shares, calculating cost basis and good records will decide your tax burden.

Wash sale rules prohibit claiming the loss if shares are repurchased within 31 days of the sale, but claiming capital losses when available can be a great way of minimizing one's tax burden.

American Humane Association, as a qualified non-profit, won't pay income tax on our distribution and your heirs will receive their share of your estate without the burden of extra taxes.

From a transportation policy point of view, this sort of tax shifting is also more equitable in that it taxes every driver according to the amount of miles they drive by sharing the price signal (by spreading the tax / fees burden) across all drivers instead of assessing flat road maintenance fees or concentrating them amongst a specific group of drivers, some of whom just happen to use toll roads more frequently than average but not necessarily drive more.

American Rivers, as a qualified non-profit, won't pay income tax on our distribution and your heirs will receive their share of your estate without the burden of extra taxes.

Joyce and Sybil Burden, who share a home, argue that it is unfair for them to be taxed less favourably than married couples and civil partners.

Paying your fair share should be the only tax burden you face.

Among other things, eliminating the deductibility of the tax could force states to shift a greater share of the tax burden onto homeowners.

Congress needs to thoroughly review the tax code with an eye toward simplifying it and reducing the tax burden on Americans, particularly middle - income households who today pay a disproportionate share of our nation's taxes.