"Tax cuts" refers to the reduction in the amount of money that individuals or businesses are required to pay in taxes. It means that the taxes they owe are lowered, which leaves them with more money in their pockets or available for business investments.
Full definition
It extends a lot
of tax cuts for individuals and businesses for 2017.
He's also a supporter of
tax cuts in the final spending plan.
A
corporate tax cut for these companies would result in an increase of billions of dollars in earnings and a $ 100 billion increase in equity value, he noted.
Income tax cut in new state budget is significant in several respects — but shouldn't lead to red ink.
Some on the Right predictably called for a change in direction based
on tax cuts for everyone and fewer regulations.
It is stimulus
from tax cuts on top of stimulus from central banks.
The governor also preserves the phase - in of a middle -
class tax cut passed in 2016.
Silver, meanwhile, insisted yet again nothing will be linked to the increase such
as tax cuts for businesses or an overhaul of state regulations.
Other budget changes of note include an additional $ 700 million in
business tax cuts over two years and a permanent tax credit to businesses hiring veterans.
The problem is this Government is stuck in the old mindset: saying nothing can be done and making it worse
with tax cuts for millionaires and tax rises for everyone else.
This contrasts with
proposed tax cuts for those in the middle of the income distribution of $ 1,000, or about 2 per cent.
He just received a
massive tax cut while poorer workers continue to suffer.
New tax cuts for landlords mean that if you don't actively manage rentals yourself, the government has a present for you in the form of a 20 percent deduction.
There are billion - dollar corporations
getting tax cuts, then announcing mass layoffs.
Debt that was created by
giving tax cuts to rich people and starting wars for oil.
They want to build a war chest from cuts to offer
tax cuts at the election.
The act allows private developers limited access to tax - free bonds to pay for public buildings such as schools, using a provision of the 2001 federal
tax cut bill.
The proposed budget would defer most business tax credits between 2018 and 2020 while moving ahead with the phase - in of a middle class
tax cut enacted previously.
Major issues in the 2014 legislative session
included tax cuts, the budget, prison funding, employee compensation, and judicial reform.
Of course they're excited: The plan offers
big tax cuts on business profits.
-- Spending $ 1.5 trillion on
federal tax cuts and squeezing the overall federal discretionary budget while also threatening key programs that the MTA is relying on to fund upgrades and expansions.
He outlined programs ranging from
property tax cuts to an education bond act, to allowing medical marijuana.
The business world wants to see tax reform become law, but business - owner talk
about tax cuts is shaded by political bias.
And prospects for providing additional tax relief to parents are up against the political appetite to make
large tax cuts elsewhere while maintaining some constraints on deficits.
The corporate
tax cuts did nothing to strengthen private sector investment.
Effective for 2009 and 2010, the Making Work Pay tax credit accounted for half of
individual tax cuts.
That number could get even worse
if tax cuts do not enhance gross domestic product as much as many anticipate.
Individual
tax cuts make up another $ 300 billion, and the ultimate repeal of the estate tax accounts for the remaining $ 200 billion.
The tax money raised out to be used to relieve those on low incomes and others mainly
through tax cuts.
Probably it will be made clear this means no overall increase in tax - some might go up, but only if offset by
other tax cuts.
This will add up to $ 1.5 trillion to the federal shortfall to pay for the proposed
tax cut over the next decade.
Investors like the idea of corporate
tax cuts because the companies in which they invest could become even more profitable.
It's time for working families to
see tax cuts that will give them peace of mind and help them save for the future.
Other banks responded to the
huge tax cut by offering bonuses, raises or other benefits to employees.
We got a billion -
dollar tax cut to go with it... delays in some of the (minimum wage) implementation.
The biggest and most talked about the change in the new tax bill is the corporate
tax cut which we've already discussed.
Yet they found the time to target blue states in order to
fund tax cuts for the rich in red ones.
And late last year, the
Republican tax cut was enacted that will add more than $ 1 trillion to federal budget deficits over a decade.
I believe we should
provide tax cuts for law firms that demonstrate progress in legal technology.
Neither of these analysis take
tax cuts into account which do not affect income, such as the estate tax, which primarily benefits the wealthy.
The governor
says tax cuts will be the centerpiece of the agenda for next year.