Sentences with phrase «so much tax»

In fact it's kind of ironic to be willing to pay so much tax to then invest in something where the main benefit is it's tax free nature.

That sounds fine to me», but others are inclined to say «actually, why should I pay so much tax?

Many say one of the reasons tax lawyers have been propelled to centre stage is because there is so much tax competitiveness between countries today.

The questions we are exploring are: 1) would equal weighting have been generally beneficial across the past 50 years, or were the last five years unusual in this respect; and, 2) can you capture the potential benefit of equal weighting without — through the more frequent trading that equal - weighting requires — sacrificing so much tax efficiency as to erase the potential benefit to gross returns.

Even with strategies such as charitable giving to reduce taxes, there is only so much tax planning you can do to minimize your tax bill.

Assurances from House leaders that their bill would grant most Americans so much tax relief that they would not need those benefits ring hollow as analyses show that various provisions in the bills could result in $ 1.6 trillion dollars of tax INCREASES on middle class earners over the next decade.

and «Why is there so much tax - exempt property in Syracuse?»

On this side of the 49th parallel, the cash problem isn't so much tax evasion and drug dealing as counterfeiting.

Correct me if I'm wrong, but those bills also have to be paid for, which means, they could only cut so much taxes as the passed budget allowed.

Not exact matches

So for millions of American business owners, dropping the corporate tax rate — something both President Trump and Treasury Secretary Steve Mnuchin have long championed — is much ado about nothing, leaving most small business owners feeling lukewarm about the President's promises to alter the tax code.

While it is not yet clear who will win the respective party nominations, much less the presidency, the fact that so many top presidential candidates have begun releasing plans demonstrates that tax reform will be a top priority for whoever next sits in the Oval Office.

But so does how much you tax your equipment.

Related: Entrepreneurs Like Obama's Call for Tax Reform, Immigration Overhaul and Deficit Accord — Minimum - Wage Hike, Not So Much

So you should know where you sit in your current tax bracket and determine how much you can convert without pushing yourself into a higher one.

In September Saverin gave up his U.S. citizenship and moved to Singapore in an effort to avoid the tax consequences ($ 67 million) of so much sudden wealth.

But the much higher tax rate on passive investments is, so far, generating the angriest outcry.

«I've paid Harris County so much money in so many taxes, and that's the only time it went awry,» he said.

Although he did not disclose details, Treasury Secretary Steven Mnuchin said Monday the lower tax rates would generate so much economic growth that it would hold the deficit in check.

On so - called «income sprinkling,» it's hard to justify letting, say, a doctor split income with a spouse or kid who doesn't have much to do with the practice, just so a chunk of income can be taxed in a lower bracket.

I don't agree very much with a lot of things our president is doing, but I do agree with his guest worker program, so that people could work here and remit taxes, for crying out loud.

If the tax deduction doesn't matter so much, you may want to explore ISOs.

And a big reason why homeowners get off (relatively) easy in Hawaii is that the state collects so much from outsiders, thanks to high taxes on hotels and other tourism expenses.

While lower crude prices mean cheaper gasoline in the U.S., which should spur demand, that's not so much the case in other countries, where taxes represent a higher portion of the cost of gas (as in Europe).

So - called bonus depreciation is set to expire this year, and rules (in Section 179 of the tax code) that allow small companies to take big deductions for many expenses are set to become much less generous.

Small business owners take a much harder look at the entire cost of an employee, which often comprises life insurance, health care, savings plans, taxes, and so on.

So Trump's tax return could tell how much income they made, offering fresh information about the financial health of his organization, according to Robert Kovacev, a lawyer at Steptoe & Johnson and former Justice Department Tax Division official who represents taxpayers in high - profile tax disputes with the Itax return could tell how much income they made, offering fresh information about the financial health of his organization, according to Robert Kovacev, a lawyer at Steptoe & Johnson and former Justice Department Tax Division official who represents taxpayers in high - profile tax disputes with the ITax Division official who represents taxpayers in high - profile tax disputes with the Itax disputes with the IRS.

Because the law includes much more than tax cuts — it removes Affordable Care Act's so - called individual mandate and opens up Alaska's Arctic National Wildlife Refuge for oil drilling — potential avenues for future agenda items are now viewed as increasingly possible for Republicans.

Also, although the new tax law that took effect Jan. 1 lowered rates individual tax rates and created a 20 percent deduction for qualifying earnings for solo workers (and other business entities that have so - called pass - through income), it doesn't take much to owe the government.

Goodbye and good riddance to that outdated, monstrosity of a tax code that took too much of your money, sent our American jobs overseas, and kept our economy so slow many workers didn't see a pay raise for a decade or more.»

At the same time, the rate of self - employment has barely budged so it seems clear that much of this big shift has been tax - motivated rather than reflecting changes in actual economic activity.

Small and midsize companies hesitate to venture overseas because so much is unfamiliar: the language, the regulatory environment, the tax system, the culture.

Best of all, it's unlikely there will be a repeat of 2010, when the tax hit zero and B.C. producers flooded the U.S. market with so much wood that the index crashed to $ 245, almost instantly resurrecting the entire 15 % levy.

Karlson says, «You can find buyers who won't care if they can't depreciate assets, maybe because they'll be taking on so much debt tied to the transaction that they don't need any more tax write - offs.

The administration contends tax cuts would spur so much economic growth that the resulting new revenues would help offset the cost of the cuts.

«For a city like Boston that relies so much on the property tax, that's an important contribution to our ability to continue to have a strong ecosystem.»

For dividend investing, I do most of mine through my various IRAs in order to get the tax shelter on the dividends so they grow that much faster.

Increase in property taxes are limited in most districts to the lower of 2 % or the rate of inflation, however, so rates don't change much year - to - year.

Also, COL in the middle of the country is not so low due to long distances to drive to everything in all weather and much higher heating, food, and property taxes.

Yup, perhaps it's not «public economists» who find a ready hearing so much as «creditable people who advocate cutting corporate taxes and restraining minimum wages.»

The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a lower tax rate would spark so much additional investment in the United States that it would bid up wages and leave the middle class better off through its indirect effects.

My weighting will be completely off, and would probably give a PC advisor a heart attack, with what will be nearly 25 % alternatives (after my Prosper IRA goes through), BUT I got the idea to wind down my taxable Prosper account from PC in order to quit paying so much in taxes!

Pass - throughs will counter that in many cases, people who own stock through 401 (k) s and IRAs don't have to pay capital gains or dividend taxes, and so their profits are only taxed at the corporate rate, which is lower than the top individual rate (and would be much lower under this plan), putting pass - throughs at a potential disadvantage.

It was like Dix was haunted by classic BC NDP campaign gaffes throughout recent history... «restraint is over,» «can we start again,» «axe the tax» — so he decided not to say much of anything in order to avoid stepping into the, um, tar sands.

My question for the FIRE community is how do you plan for a 40 - 50 year retirement when there is so much uncertainty around the future of taxes and safety nets?

And yes, it does feel like you're getting away with something to shield so much money from taxes!

Indeed, the B.C. government has so far balked at calls for a speculation tax by Vancouver Mayor Gregor Robertson and others, claiming it could suck as much as $ 1 billion out of the local real estate sector without having a meaningful impact on house prices.

Likewise, you can only apply the deduction to the first $ 1 million of any mortgage, so from a tax perspective the 50,000 square - foot villa isn't much better than the 10,000 square - foot mansion.

And if you view this growing demand from the perspective of the city's overall financial health and the prospects for its tax base, it's all so much positive progress.

We raise much of our food, burn wood for heat, water is gravity spring (no pump), private septic system, solar power I installed feeds grid back, no electric bill, wireless internet tower income pays our property taxes, so basically we can live on a vastly reduced income should it be needed, Much of our savings is in precious metmuch of our food, burn wood for heat, water is gravity spring (no pump), private septic system, solar power I installed feeds grid back, no electric bill, wireless internet tower income pays our property taxes, so basically we can live on a vastly reduced income should it be needed, Much of our savings is in precious metMuch of our savings is in precious metals.

I have purposefully invested in equities, and not so much income generating assets because of taxes.