Sentences with phrase «significantly more tax»

At the end of the day, this could translate into significantly more tax - free income when it comes time to withdraw.

The first is that they are creating a discriminatory rule that will create more clever structuring, but not result in significantly more taxes.

Not exact matches

Businesses with more than 50 employees that do not offer coverage will be taxed based on the size of their payrolls, but the cost will be significantly less than the cost of providing insurance benefits, and the tax is not set to go into effect until the 2014 fiscal year.

The TUC said those employed in the gig economy are also likely to earn significantly less than their counterparts, meaning they are more likely to depend on in - work benefits, including tax credits and housing benefit.

In recent years, the Affordable Care Act and the bipartisan tax negotiations in late 2012 have led to large increases in tax rates on high salaries and capital income, making the tax code significantly more progressive.

Depending on where you live, there's legislation pending that will levy more regulations and taxes on fracking, which in a time of rapidly falling oil prices could significantly hurt local energy companies that provide jobs and work for small businesses.

What's more, your taxes may be significantly lower: tax costs for iShares ETFs on average are less than 1/2 those of the average mutual fund ³.

Although the forecast for budgetary revenues appears to be on track, with higher - than - expected personal income tax revenues more than offsetting lower - than - expected Goods and Service Tax revenues, the Budget 2012 estimate for other transfer payments appears to be significantly overstattax revenues more than offsetting lower - than - expected Goods and Service Tax revenues, the Budget 2012 estimate for other transfer payments appears to be significantly overstatTax revenues, the Budget 2012 estimate for other transfer payments appears to be significantly overstated.

If you withdrew that amount in a lump sum at the end of 30 years and paid taxes at that time, you'd receive $ 331,149 — still significantly more than the $ 266,740 in the taxable account.

A simple withdrawal sequence might involve withdrawing from taxable accounts first and tax advantaged accounts last, but, according to Daniel Hunt, Morgan Stanley Wealth Management Senior Asset Allocation Strategist, even - more complex withdrawal sequencing strategies can have a significantly greater impact on lifetime spending power.

The SALT deduction is regressive for several reasons: it is only available for the one - third of taxpayers who itemize deductions, it is more beneficial for those who are paying higher state and local taxes, and perhaps most significantly, its benefit goes up with one's tax rate.

After you hit the threshold that society deems large enough that you won't be caring much about your expenses, the excess money gets taxed significantly so as to level the playing field - which is good, one could argue, else wealth would become ever more concentrated in the same families» hands.

To clarify: I would define «largely cut taxes for the rich» as meaning the taxes of the top 1 % were in some way shape or form lowered a lot more than the taxes of the middle class or their wealth was significantly increased via corporate tax code changes

As someone whose household income has been stagnant for several years — until this year, when it's dropping significantly — let me state categorically that I would welcome the opportunity of paying more taxes on a higher income.

What is more unfortunate is seeing numerous people within Labour and on the left joining in, perceiving in some vague unspecified way that Laws» misguided attempts to protect his private life and Alexander's significantly less misguided decision to only pay the amount of tax he was legally obliged to were somehow the moral equivalent to the more eyewatering examples of house flipping that Labour ministers got up to in the last parliament.

A new 50 - state study, Undocumented Immigrants» State and Local Tax Contributions, by the Institute on Taxation and Economic Policy finds that undocumented immigrants» tax contributions would increase significantly under the Obama Administration's executive actions and even more substantially under comprehensive immigration policy refoTax Contributions, by the Institute on Taxation and Economic Policy finds that undocumented immigrants» tax contributions would increase significantly under the Obama Administration's executive actions and even more substantially under comprehensive immigration policy refotax contributions would increase significantly under the Obama Administration's executive actions and even more substantially under comprehensive immigration policy reform.

Reinstating the commuter tax would be a tremendous slap in the face to the people who are already paying significantly more than their fair share.»

So if the Scottish Greens (with six MSPs) have any sense, they'll play hard to get - not least because their policy agenda (anti-fracking and properly redistributive in terms of income tax) is significantly more radical than the centrist SNP's.

Taxes could be reduced significantly for working and middle class of we made taxes more progresTaxes could be reduced significantly for working and middle class of we made taxes more progrestaxes more progressive.

The 309 school districts proposing budgets at the cap's limit indicate that property taxes would have increased significantly more had the cap not deterred them.

They simply don't have the LEGAL authority to cut the overwhelming majority of their expenses and with the double digit cut in state aid most local school districts will receive, they will have to make up for that money by significantly jacking up property taxes... which are far more regressive and oppressive than income taxes.

The Per Pupil Revenue Limit (PPRL) analysis shows that districts of higher poverty have significantly lower PPRL, and therefore less ability to receive aid and levy appropriate taxes to fund public education than more affluent districts.

The resulting revenue gap between the districts exceeds $ 900 per pupil even though Mesquite puts forth slightly greater tax effort and has a significantly more challenging student population.

Although this more heavily impacts very expensive housing markets, combined with the loss of the SALT deduction, the tax bill would make home ownership significantly more expensive in numerous housing markets, creating a disincentive for buyers across a large range of prices, and potentially depressing housing prices.

The results speak for themselves: Our students are community assets, instead of tax liabilities; academic test scores are improving; students spend more time actively learning; discipline problems have significantly reduced; and we cut students» average stay in half, while doubling the number of students who return to their home schools.

His goal of closing tax loopholes would secure significantly more revenue for the state to direct to its pension obligations and ensure that retirees receive the full benefits they earned.

That means significantly more rebalancing, which carries costs in the form of trading commissions, bid - ask spreads and capital gains taxes in non-registered accounts.

While the taxes and fees are the same between Delta and Virgin Atlantic award tickets, a Virgin Atlantic Upper Classic ticket will require significantly more miles.

As with all other award flights to London, the taxes and fees required on the return segment will be significantly more.

The fund may invest significantly in particular segments of the tax - exempt debt market, making it more vulnerable to fluctuations in the values of the securities it holds than a fund that invests more broadly.

It's obviously a lot more compelling to take a loss like this when you're in a higher tax bracket, as the tax savings become significantly higher.

Don't claim the standard deduction on your tax returns when you can qualify for an itemized deductions that could significantly lower your tax bill some more.

If one spouse earns significantly more money per year than the other, filing jointly at tax time can bump the one who earns less into the favorable income range for these investment accounts.

«The big question for advisors with HNW clients is whether this cap on SALT deductions will significantly weaken the credit quality of bonds being issued as tax - exempt by local authorities,» says Jason Staley, an advisor at Pittsburgh - based Schneider Downs Wealth Management Advisors, which manages more than $ 1.3 billion.

Many clients, for example, are likely to get fewer deductions because they pay significantly more than the $ 10,000 cap placed on deductions from state and local taxes paid, the publication writes.

If your property taxes or homeowners insurance payments go up significantly, your lender might have to collect more dollars to pay these bills for you.

The fund may invest significantly in particular segments of the tax - exempt debt market, making it more vulnerable to fluctuations in the values of the securities it holds than a more broadly invested fund.

If you withdrew that amount in a lump sum at the end of 30 years and paid taxes at that time, you'd receive $ 331,149 — still significantly more than the $ 266,740 in the taxable account.

If you have good reason to believe that 90 % of your current year's tax will be significantly lower than your prior year's tax, you'll pay a lot more than necessary if you rely on the prior year safe harbor.

a. tax rates would have to rise significantly in order to make it not that way (and who's to say that capital gains rates won't increase by even more given their current historical lows) b. automatic savings in a retirement plan actually means money goes into an account instead of planning on saving «what's left» c. you can't get at the money without significant pain, which is a great disincentive from you buying a car with your Roth money.

As you can see, whether you withdraw a lump sum or spread out your withdrawals over time, the tax - deferred account is significantly more valuable than the taxable account after the 20 - year time period.

Similarly, if you're a higher income earner, starting with good pay or getting started a little later in investing, you won't need to worry about owing significantly higher taxes on withdrawals than you will on contributions and a traditional account would be more appealing for the initial tax breaks.

Liabilities that are not related to financing activities of an organization (e.g. accrued liabilities, trade payables, tax liabilities, etc.) may be excluded from the calculation of debt because they usually do not affect the financial risk of an organization significantly and any liquidity risk that such liabilities may pose can more effectively be measured under liquidity ratios.

What's more, your taxes may be significantly lower: tax costs for iShares ETFs on average are less than 1/2 those of the average mutual fund ³.

For example, despite significantly more jobs being added to the economy since January, consumers have weathered a number of financial and emotional setbacks this year, including slightly higher payroll taxes and sharply reduced government spending due to legislative gridlock.

Incentive stock option gain is significantly more complicated as it can be taxed as ordinary income but may also be taxed at preferential long - term capital gains.

At an income of $ 30,000 to $ 50,000 a year, an individual's chances of qualifying for credits can drop significantly, said Tim Clegg, a budget software developer and retired financial coach who provided tax filing guidance in nonprofit Volunteer Income Tax Assistance programs in the Boston area for more than a decatax filing guidance in nonprofit Volunteer Income Tax Assistance programs in the Boston area for more than a decaTax Assistance programs in the Boston area for more than a decade.

Income from a TFSA is essentially «invisible» from both an income tax and a GIS entitlement perspective, so someone with less than $ 18,000 in «official» income might actually be able to spend significantly more than that by drawing down a TFSA in retirement.

If April 15 is bearing down on you and you are looking for tax savings, opening an IRA starts to look pretty good even in the near term: For your 2015 taxes based on 2014 earnings, you may stash $ 5500 ($ 6500 if you are over 50) in an IRA and, depending on your income and tax bracket and whether your state has an income tax, you may realize enough savings from tax deductions to offset the cost significantly — as much as $ 1000 or more.

As with all other award flights to London, the taxes and fees required on the return segment will be significantly more.