Sentences with phrase «tax burden while»

From a political perspective, these tax credits have three very powerful constituencies: 1) All taxpayers 2) Major companies looking to reduce their tax burden while doing something good for the environment 3) Landowners, farmers, ranchers, and the forest products industry (these groups will be eligible for tax credits for reforestation or agricultural changes on their own land; organizations such as the National Farmers Union, the American Forest and Paper Association, the National Alliance of Forest Owners, United Steelworkers, and many others have already been advocates for protection of tropical forests and cracking down on illegal logging as a way to level the playing field by ensuring products on the global market don't come from deforestation.)

A deduction reduces the tax burden while a credit subtracts directly from the taxes owed.

Consider consulting with a CPA to ensure that you're doing the proper record keeping and to get advice on the best way to minimize tax burden while achieving your goals.

Depending on how you invest, though, you could lower your tax burden while still making money.

Not exact matches

While it's not as generous as taking the grant approach, it does eliminate the tax burden on the employee and it means any gains are taxed at a long - term rate depending on the holding period.

While residents in the above states pay lower taxes compared to those in places like New Jersey, there are still «plenty of Americans are facing a significant tax burden,» GOBankingRates says.

As poverty intensifies, governments are urged to bail out the economy's savers at taxpayer expense, cutting back wages even while shifting the tax burden from property onto labor.

A lower tax on land rents leaves more to be capitalized into bank loans, and hence inflates the price of housing — while government revenue is balanced by burdening labor and industry with income and sales taxes.

Latvia has been burdened with the world's most regressive tax system, while Iceland and Ireland have become record setters in tapping taxpayers to bail out financial...

While the SAFT has been extensively reviewed by multiple legal teams, we strongly recommend you consult with your own legal, investment, tax, accounting, and other advisors, to determine the potential benefits, burdens, risks, and other consequences of such a transaction.

Trump talks taxes Amid a swirl of controversy, US president Donald Trump, in an interview with the Wall Street Journal this week, reiterated his desire to slash the US corporate tax rate to 15 % from 35 % while lowering the tax burden on the middle class.

TAX CHURCHES NOW as the commercial enterprises they have become... saying and claiming anything to recruit and hold customers and make their executives a nice living or even «personal jet» rich while foisting their incredible burden on municipal infrastructure off on individual homeowners.

That «preacher» OSteen can take his entire family to Morocco on a lark confirms it is long past time to demand these crystal cathedrals pay their property taxes and fees and meet commercial zoning requirements instead of destroying neighborhoods with traffic and height violations while foisting their infrastructure burden off on struggling individual homeowners.

While the park district budget will be $ 38 million higher than in 1985, the tax burden will be reduced by a $ 29 million surplus carry - over from the present year and from $ 28 million in expenditures from bond issues which will not affect the current tax levy.

While the changes were designed to alleviate the potential burden on a broader swath of taxpayers, the plan if enacted would still have a cascading effect on a high - tax state like New York.

The economic argument is debatable and opinions differ, but do you think the large numbers of struggling upstaters enjoy the high taxes, ever increasing fees (example: the cost to have your vehicle inspected DOUBLED from 2010 to 2011 and is now one of the highest in the nation) and endless financial burdens they as lower and middle class people endure while the rich bankers and CEOs downstate laugh at them?

While discussing possible tax increases to fund cash - strapped public services, shadow chancellor John McDonnell suggested any additional burden should fall on «the rich» — which he defined as people earning «above 70,000 to 80,000 a year».

«While I support helping middle - class families afford the rising cost of a college education, I'm very concerned that this proposal will put an unfair burden on hardworking taxpayers that have paid for Albany's tax - and - spend culture for far too long.»

Nick's message echoed the SLF amendment to his economy motion that was passed at the Party conference in September that called for the burden of fiscal consolidation to be shifted towards fairer taxes, especially on wealth and land while improving provision for the most vulnerable in society.

While de Blasio has said he'd be open to reviewing any plan from the panel, he has maintained in recent weeks that congestion pricing is a «regressive tax» that unfairly burdens lower - income, outer - borough car owners.

As any sensible and reasonable Budget should, this proposal prudently uses resources to address county needs while at the same time reducing the property tax rate and lessening the burden of community college chargebacks on communities countywide,» said Erie County Executive Mark C. Poloncarz.

Unless Chris Collins is a liar, then he voted to cut his own taxes substantially while burdening the rest of us with a ballooning federal deficit.

«While there is more work to do to lessen the overall tax burden on New Yorkers, these bipartisan reforms, adopted as part of the budget are an important step forward to improving the business climate.»

What this means is that services are cut while the tax burden is shifted to the property and sales taxes, which makes up most of the tax bill for low - and middle - income New Yorkers,» noted Hawkins.

While there are no new state resources set aside to ease the financial burden of state mandates imposed on county tax payers in the proposed State budget, Governor Andrew Cuomo continues to recognize the fiscal pressures on counties, and has provided some tools to help stabilize the costs imposed on local governments.

«The choice for Republicans is clear: they can keep Richard Hanna, who votes to raise taxes, to extend U.S. debt to economically dangerous levels by voting with Obama, Reid and Pelosi to raise the debt ceiling while bankrupting our nation, or they can choose a commonsense Republican like me who has a proven record of voting to reduce taxes, voting against the implementation of Obamacare in New York, votes against funding an illegal database (including ammunition database) against legal gun owners, voting against increasing our debt ceiling in New York and supports countless initiatives to reduce the burdens of government red tape on individuals and small businesses, including family farms,» Tenney said.

While the property tax cap appears to have reduced burdens on the typical New York homeowner for the time being, some studies indicate the caps may not be sustainable when it comes to delivering school and municipality services in the future.

While Dan Donovan, the city's only Republican U.S. Assemblyman, believes the tax cuts will create jobs, spur business investment and «put more money in the pockets of hardworking families,» he wanted to make sure his constituents of Staten Island and Brooklyn benefited from tax relief and didn't «shoulder the burden» for cuts elsewhere in the nation, he said.

While middle and working class Americans have been devastated by Great Recession, the wealthiest have done just fine, while their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on economic inequality and a tax system in New York State out of kilter with notions of fairness and equaWhile middle and working class Americans have been devastated by Great Recession, the wealthiest have done just fine, while their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on economic inequality and a tax system in New York State out of kilter with notions of fairness and equawhile their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on economic inequality and a tax system in New York State out of kilter with notions of fairness and equality.

President - elect Nana Addo Dankwa Akufo - Addo further pledged to reduce the tax burden on the private sector through lower corporate tax and the removal of import duties and VAT from some items while relying on revenue measures such as improving tax compliance, improving the quality of public finance administration and higher oil and gas production to finance these tax cuts.

The truth is that while Cuomo is attacking the property tax he (along with your legislator and the NY Regents) are the cause of higher property tax burden on localities.

«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!»

«Senate Republicans believe we should invest these resources where they will help hardworking New Yorkers the most ---- through meaningful tax relief that allows families to make ends meet, infrastructure improvements that create new jobs, and a commitment to improving our schools while reducing the burden on property taxpayers,» Skelos said in a statement.

While Labour may have reduced direct taxation, it has shifted the burden on to other areas of the tax system.

However, the Commissioner said that while the government was reevaluating its strategies to broaden and deepen the tax net «for efficient tax administration, there was no intent to place a tax burden on the citizenry.

Mangano calls for using $ 10 million in operating funds to pay property tax refunds next year while his proposed multiyear plan projects borrowing $ 230 million in 2014 for the county's chronic tax - refund burden.

While this year's tax decrease is a great start, we must continue to do everything we can to further eliminate the burden this area's high taxes have on area residents and businesses.

«While we applaud the effort to reduce health risks, we want to provide New York families with tax relief, not add to their burden,» said Austin Shafran, a spokesman for Senate Democrats.

Of course, tax hikes are de Blasio's knee - jerk answer to everything, while Cuomo at least tries to appear to be more mindful of the state's overall tax burden.

In addition, snatching any of the federal tax break now promised to corporations while adding the burden of a statewide payroll tax could be opposed by companies the state is trying to keep in New York and help grow.

Nearly every private school in Arizona is willing to accept tax - credit scholarship students while only about one - third of Louisiana private schools are willing to accept voucher students due to the program's regulatory burden.

The poorest districts in the State have a comparatively high tax burden but raise relatively little local revenue, while the wealthiest districts raise vastly more revenue with lower revenue efforts.

While school property tax rates declined when the state increased its aid levels, the formula distortions which accompanied the aid increase helped to keep the tax burden differences from narrowing.

What Malloy and Foley are saying is that not only are they refusing to take responsibility for properly running the state of Connecticut, but they are admitting that they will be leaving Connecticut's unfair tax structure in place while increasing the burden on local property taxpayers.

Rather than a progressive tax system, or even a flat tax system, Connecticut has developed a state and local tax system that allows the rich to skate free, while leaving the burden of balancing state and local budgets onto those who make far less.

While John Rowland bragged about tax cuts, local government picked up the burden — and the result is a combination of inadequate education and skyrocketing property tax.»

A study he commissioned also recommends increased taxes on «restaurants, hotels, cigarettes, and beer,» while «shift [ing] the major tax burden from companies and affluent individuals,» like Sinquefield.

While many American corporations are burdened with the highest tax rate in the world, labor unions get a pass.

While these new regulation standards are meant to help victimized borrowers, the repercussions and burden on tax payers may outweigh the altruistic aims of these new regulations.

Helps save money for a child's education while lowering tax burden, taking advantage of government matching.