Sentences with phrase «tax decrease of»

Because of savings in a number of areas, such as the cost of employee pensions, the Executive Budget actually contains a property tax decrease of a penny from $ 4.95 to $ 4.94 of equalized assessed valuation.

• Taxpayers with AGI over $ 200,000 would see average tax decreases of over $ 15,000.

Not exact matches

But Paul tweeted that the tax bill would decrease the size of the federal government, which in his eyes makes it worthwhile.

According to Congress's Joint Committee on Taxation, the Tax Cuts act, signed in December, will decrease expected revenues by a total of $ 1 trillion over the next 10 years, an average of $ 100 billion annually, even after any boost to growth and incomes from lower taxes.

The decrease in income tax expense was primarily driven by the lower U.S. corporate income tax rate, partially offset by the inclusion in the prior year quarter of a $ 15 million benefit from the resolution of prior year tax matters.

The Company's effective income tax rate and comparable effective income tax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Refortax rate and comparable effective income tax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Refortax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Refortax rate related to the 2017 Tax Cuts and Jobs Act (Tax ReforTax Cuts and Jobs Act (Tax ReforTax Reform).

For those who want to think outside the box, here are some of the more unusual tax deductions and credits that could decrease your taxes or increase your refund.

The University of Pennsylvania's Wharton School model found that the current iteration of the Senate's tax bill, called the Tax Cuts and Jobs Act, would decrease federal revenue and add to the national debt outside of a 10 - year windtax bill, called the Tax Cuts and Jobs Act, would decrease federal revenue and add to the national debt outside of a 10 - year windTax Cuts and Jobs Act, would decrease federal revenue and add to the national debt outside of a 10 - year window.

You can choose to record depreciation at a higher rate early in the life of your fixed assets, decreasing income, and therefore taxes.

Combined with a decrease in personal income tax, a sales tax would lead to increased investment and economic diversification while capturing spending from out - of - province visitors, argued Dylan Jones, president of the Canada West Foundation, a Calgary - based think - tank.

«That's very notable in comparison with the rest of the country to have an actual decrease in general fund taxes and general fund spending.

If the funds are obtained by raising some entities» taxes, then the spending of those paying the increased taxes will decrease, offsetting the increased spending of the recipients of the transfer payments.

(2) Adjusted to eliminate SBC expense (as adjusted for the income tax reduction attributable to SBC expense), expense related to contingent compensation, foreign exchange losses as adjusted for the reduction in income tax attributable to the losses, losses from repurchases of convertible debt (as adjusted for the related decrease in income tax), amortization of debt discount (as adjusted for the related reduction in income tax).

Last month, Governor Jack Dalrymple called for a decrease in the state budget, since tax revenues are down and the budget outlook for the state is different from two years ago, when the price of oil was topping $ 100 per barrel.

A 1 percentage point reduction in tax rates increases investment by 4.7 percent of installed capital, increases payouts by 0.3 percent of sales, and decreases debt by 5.3 percent of total assets.

Impact on oil and gas production: compared to a carbon tax, Alberta's policy offers emitters less of an incentive to reduce production in order to cut GHGs, notes Leach: «assuming that the facility reduced production by 10 percent, and that emissions decreased proportionately (a simplifying assumption), the facility's emissions intensity would not change, so its carbon liability per barrel of oil produced would also remain constant.»

The SALT deduction provides an indirect federal subsidy to state and local governments by decreasing the net cost of nonfederal taxes to those who pay them.

Income tax expense increased $ 0.6 million from 2008 to 2009, primarily as a result of a decrease in pre-tax loss in 2009 compared to 2008.

When investors pay this much of taxes, it usually decreases their credit crippling their ability of buying properties.

Phaseouts, however, not only claw back these benefits from the more affluent, they also increase the effective marginal tax rate these taxpayers face, decreasing the after - tax gains of earning more income.

In a tax policy speech Wednesday in Missouri, Trump singled out Kelly's work to decrease the number of illegal border crossings when he was secretary of homeland security.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

HPFS gross margin decreased for the three and nine months ended July 31, 2011 due primarily to lower portfolio margins from a higher mix of operating leases and higher transaction taxes, the effect of which was partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.

Excluding items impacting comparability, the adjusted tax rate decreased 8.9 percentage points from 27.8 percent to 18.9 percent primarily due to the ongoing benefit of the lower U.S. federal tax rate.

S. Senate Majority Leader Mitch McConnell in March for championing Kentucky Bourbon at the federal level, including passage of the first decrease of the federal tax on spirits in generations.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

Every year of slow growth decreases the amount brought in from payroll taxes.

Rather, we are seeing higher tax rates, increased expectations of capex above expectations, and slightly decreased expectations that may arise from the company's investigation.

In the current - year quarter, the tax rate decreased from 42.9 percent to a negative 35.1 percent reflecting the one - time favorable net tax benefit recorded as part of the Act.

The decrease in gross margin was the result of lower portfolio margins from a higher mix of operating leases and higher transaction taxes, partially offset by higher margins on lease extensions and lower bad debt expense as a percentage of revenue.

Still, for a given level of home country bias, increased corporate income tax in that home country is likely to decrease the level of investment in that country.

The Omnibus Reconciliation Act of 1987: Legislation that attempted to decrease the budget deficit through tax increases and expenditure decreases.

Florida Insurance Commissioner David Altmaier announced Tuesday he approved an average 1.8 percent decrease in 2018 rates as a result of the federal tax overhaul approved in December.

-- When changes in the composition of families are taken into account — including fewer adults per household as family sizes decrease — the real after - tax income of middle - class families increased 30 per cent from 1976 to 2010 — on par with other income groups, but still lower than the top earners

He said that was in line with the bank's guidance, which had been for a SFr200 million reduction for each percentage point of tax rate decrease.

Filers with incomes over $ 500,000 would be greatly affected, but their loss in deductions would also be offset by the decrease of the top income tax rate (from 39.6 % to 37 %), the doubling of the estate tax deduction and cutting the capital gains rate from 23.8 % to 21 %.

They consider four sources: (1) increases in actual and expected dividends; (2) perceived probability and the fact of a reduction in the corporate tax rate; (3) decrease in the U.S. equity risk premium; and, (4) an irrational price bubble.

If you were moving from Atlanta, Georgia to Springfield, Massachusetts, your cost of living would decrease by an average 4 % thanks to lower taxes and housing.

«It would be reasonable to expect the average price of homes that middle - class buyers acquire to decrease in line with the amount of the tax increase.

Conversely, if the value of their bitcoin decreases they can write off the losses when accounting for them tax purposes.

Dampening the impact of these factors were higher personal income tax revenues, up 13.6 % (reflecting in part the timing of receipts), and lower employment insurance benefits, down 10.7 % (reflecting a decrease in the number of unemployed).

The new law, rather than seeking to harmonize international taxation (which could decrease the outsized role of tax in decision - making), instead casts the United States as Rocky making a comeback in the global fight for capital investment.

Assuming that each dollar contributed reduces federal taxable income, and that a reduction in federal taxable income correspondingly decreases state taxable income, we can determine the minimum credit percentage states should offer to incentivize participants as a function of the federal and state marginal tax rates.

By tapping your Roth account before your taxable account, you decrease the amount of distributed funds you'll pay tax on for that year.

Tariffs imposed on China would have the same effect as a tax on suppliers, increasing suppliers» costs and leading to higher prices, suppressed demand, lower production and decreased efficiency, said Roger Kashlak, a professor of international business at Loyola University Maryland's Sellinger School of Business.

In addition to the significant decrease in the tax rate from 35 % to 21 %, businesses may write off 100 % of their capital expenditures (capex) for the next five years.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Social welfare spending constitutes a small part of the federal budget, but the decrease in tax revenues that would ensue from this proposal appears rather large.

That being said, perhaps if we did a better job of spending our taxes on effective education for our kids, effective welfare that does not encourage dependence, and improvement of the infrastructure of our country, we would see a decrease in people getting their hands on guns and killing others.

R. R. Reno says that we should impose a tax on advertisements on pornographic websites, because this would be a constitutional way of decreasing the amount of pornography making its way to children and young adults online («While We're At It,» February).