Sentences with phrase «taking huge tax»

Taking a huge tax hit to save 0.22 % in MER is madness.
«But right now he makes millions from his big government deals and he hurts taxpayers by taking huge tax breaks he doesn't need or deserve.
Earlier this year, Viacom sold the company for pennies and took a huge tax write - off.

Not exact matches

«If you think there's going to be a huge appreciation, you might take actual stock and pay the income tax up front.
At the New York Times, Andrew Ross Sorkin took on those who say Tillerson is dodging a huge tax bill, with a headline that declared: «That's not the case.»
Property tax, insurance, upkeep, H.o.A. dues, etc. on a paid off home can take a HUGE bite out of your Social Security check
It also takes a really long time to pay off and the tax bill is huge when you sell..
For their part, the federal government has not budged, staunchly defending this plan by dismissing the huge impact their changes will have on how we operate small businesses, and by inferring that doctors and other professionals are tax cheaters who unfairly take advantage of small business tax - saving mechanisms.
If you take money out of your retirement early, you'll be hit with huge penalties and taxes.
Taxes can take a huge chunk of your take - home pay.
This feature comes in very handy especially with huge estates where tax would otherwise take a huge bite out of the estate's total value.
Restructuring charges combined with one - time tax expenses to take a huge bite out of Kimberly - Clark's earnings.
Growing money tax free in a Roth (post tax money) IRA or 401K, then taking it out tax free is huge.
The attendance at webinars I have been taking on this topic has been huge, compared to presentations on other facets of the new law, illustrating how widespread the confusion is among tax practitioners.
This is doing huge damage in terms of taking money that could be invested in companies, in new businesses, but also, it was money that could be taxed by governments in Africa to build roads, provide schools, hospitals, and so on, so this is doing real damage.»
It takes a little research but the legalization in Colorado has proven to be beneficial - crime rate cut in half; tax revenue with a huge portion going to support public schools.
It is not only targeting this specific tax that would help businesses, but rather than spending money on reducing VAT, expanding the national insurance holiday for firms taking on new staff, and taking bolder action on the huge business rate rise due to hit in April, would be preferable.
And then (this part is new and part of Paladino's pre-primary media blitz), the focus turns to the «former liberal Congressman Rick Lazio,» who «voted for higher taxes and increased federal spending» and «took a $ 1.6 million bonus from a huge Wall Street bank getting a $ 25 billion - dollar taxpayer - financed bailout.
«When we agreed to take over Medicaid growth, which was a huge, huge investment for us... it was premised on the desire to help local governments live within their property tax cap,» she said.
He can take some moderate votes, but in the end, he's going to be voting with the people who want to privatize Medicare, who are favorable, if they get their hands on it, to privatizing Social Security, who want to pass huge tax giveaways, and who also have just voted to defund Planned Parenthood.
If we rebalance the tax system, closing the loopholes at the top to cut income tax for everyone else, we can take a huge step in easing the financial burden that prevents people from changing their circumstances.
Clegg was confident, pleasing the crowd, and giving us a more specific message about the Lib Dems in coalition — the behind - the - scenes bloopers we didn't see, rather than the standard boring trope of rattling off what they have achieved (but don't worry, taking «3 million people on low pay out of income tax» certainly got a mention — and huge cheer as well.)
«When we agreed to take over Medicaid growth, which was a huge, huge investment for us — $ 3 billion that we wouldn't be spending now that we are — it was premised on the desire to help local governments live within their property tax cap,» outgoing state budget director Mary Beth Labate said two weeks ago.
He took action after the New York Daily News reported that at least three clubs are getting huge annual tax breaks.
President TrumpDonald John TrumpMexican presidential candidate vows to fire back at Trump's «offensive» tweets Elizabeth Warren urges grads to fight for «what is decent» in current political climate Jim Carrey takes aim at Kent State grad who posed with AR - 10 MORE and GOP lawmakers are expected to pass the measure early this week — a huge legislative victory for Republicans, who would reform the tax code for the first time in 30 years.
The energy secretary told Good Morning Britain Nick Clegg had «huge support» after he took millions of the low paid out of tax altogether.
Moreover, the federal government's huge budget deficit and other pressing priorities — including the Iraq war, homeland security, tax changes, and Social Security — could take a big bite...
Christine - Advances are WAY down and after your agent and the tax man take their cut, as a debut novelist who doesn't have a huge head of steam behind you (e.g., you're not a celebrity or otherwise famous for something), you can only expect to have enough of your advance left to maybe pay your rent or mortgage for a couple of months.
I'll never get that contribution room back and I took a huge hit in taxes too.»
Once you've gotten used to the huge chunk of money being taken out of your paycheck for taxes, you might just ignore taxes altogether (at least until April each year!).
There are transactions that take 15 hours, and others that take 150 — sometimes the 15 hour transactions are the ones where we see a huge check (huge being drastically different, based on the market), and other times, it's a 150 hour check — of course, before taxes, advertising costs, Realtor Association costs and licensing / continuing education fees.
Couple the viability of smaller companies with a huge amount of free business advice, a low base sales tax, and plenty of places to wear out a Starbucks card or stock up your party fridge, and you have a formula for taking a huge bite out of the Big Apple.
I've been told that as a single person, when it comes time for me to start withdrawing from my TFSA, I could take a huge hit tax wise.
Too much money in an RRSP means you could face a huge tax bill later on when you retire, and too much money in a TFSA means you may not be taking advantage of the tax savings (deferral) of the RRSP.
Investors don't realize how much of an advantage this is but taxes on your investment gains take a huge bite out of your returns over the years.
Sandy Aitken, developer of TFSA Maximizer, warns that many seniors with looming million - dollar RRIFs will have a huge tax problem if they wait till age 71 and have to start taking forced annual (and taxable) withdrawals from their RRIFs.
If it is, and he takes it straight up, he'll have a huge tax bill.
Have you been forced to deal with the long - term implications of some bad financial luck, such as a job loss, a divorce, a home foreclosure or huge tax bills, and you're finally ready to take the necessary steps to rebuild your credit?
Property tax, insurance, upkeep, HOA dues, etc. on a paid off home can take a huge bite out of your Social Security check!
I'm not a huge fan of tax - advantaged accounts because the rules can change on them, and there's already a penalty for you to take out that money for most purposes until you've almost tripled your age.
«If colleges refuse to take this responsibility seriously, they will be held accountable, including by reconsidering whether those with huge endowments deserve to keep those endowments tax exempt.
Growing money tax free in a Roth (post tax money) IRA or 401K, then taking it out tax free is huge.
But vacancies, maintenance, repairs, taxes, insurance, and management will take a huge bite out of your gross profits.
I itemize and take huge deductions for property tax and mortgage interest but I -LSB-...]
In order to overcome this problem, the companies did take out debt and used the cash positions as collateral to avoid a huge tax bill.
With this investment strategy analyzer, you won't have to believe everything you read; nor take anyone's word about things like: ETFs are the most efficient and inexpensive way to invest, there's no sales charges on mutual fund B - shares if you don't sell them, Roth IRAs are better than traditional IRA / 401 (k) s, or the tax benefits of 529 plans, whole life (VUL), or any kind of annuity will make up for the huge costs; lack of liquidity / choices / control, etc..
Withdrawals from a brokerage account often don't have a huge tax hit since when you sell let's say $ 10k investments you take part cap gain and part return of investment (your basis).
This isn't cheap, but it's the cost of doing business, and given that my location independent business doesn't cost a huge amount to run, I take this (tax write - off) in stride.
The price differential between hybrids and fossil fuel cars could be removed at a stroke if sales tax levels were set based on a car's GHG emissions per mile, and this would be likely to make a huge difference to take - up of hybrids — again, the problem is not technology, it is simply lack of political will.
We're building 800 megawatts of wind and solar this year, and we didn't expect to build so much in 2012, but there was this huge rush before the end of 2012 to take advantage of the tax credit.
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