Sentences with phrase «tax dollars made»

In this case, 70 % of the withdrawal would be taxable, because your after - tax dollars made up only 30 % of the account.

This is what your after - tax dollars made by sitting around in an investment, exactly like interest.

Not exact matches

Indeed, citizens» satisfaction is related to what they get for their tax dollars, Sachs tells CNBC Make It: «They are happy because these societies are not only prosperous but also with high equality, social trust and honesty of government.

Contributions to HSAs are made with pretax dollars (in most states), assets grow tax - free, and distributions are tax - free if used to pay for qualified medical expenses or as reimbursement for such expenses.

Now is the time to make smart year - end tax decisions so you can keep more of your dollars working toward your financial objectives.

He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.

Intuit made a billion dollars on its tax business alone and that's a once - a-year thing.

Canada made its name in Hollywood as a low - cost location in the days of the 65 cents dollar, and since a federal film tax credit was instated in 1997, each province has been scrambling to stand apart.

The company can use tax - deductible dollars to make the purchase.

«If folks» taxes go back up, and the middle - class family is looking at two to three thousand dollars in additional taxes, those are the margins in dollars that really make a huge difference in our industry,» said Rowen.

BIDEN, when asked who would pay more taxes in Obama's second term: «People making a million dollars or more.»

Other non-performers include making the Bush tax cuts permanent (29 cents in added GDP for every dollar it costs the government) and cutting the corporate tax rate (Republican front - runner Sen. John McCain's favorite, but worth only 30 cents).

In addition to the tax measures outlined in Chapter V: A Fair and Efficient Tax System, the 2014 Budget measures include net revenue gains of asset optimization (discussed in Chapter I, Section E: Making Every Dollar Count) totalling $ 0.9 billion in 2014 — 15 and $ 1.0 billion in 2015 — 16, and the revenue implications of the proposed removal of the electricity Debt Retirement Charge cost from residential users» bills (discussed in Chapter I, Section D: Fostering a Fair Societtax measures outlined in Chapter V: A Fair and Efficient Tax System, the 2014 Budget measures include net revenue gains of asset optimization (discussed in Chapter I, Section E: Making Every Dollar Count) totalling $ 0.9 billion in 2014 — 15 and $ 1.0 billion in 2015 — 16, and the revenue implications of the proposed removal of the electricity Debt Retirement Charge cost from residential users» bills (discussed in Chapter I, Section D: Fostering a Fair SocietTax System, the 2014 Budget measures include net revenue gains of asset optimization (discussed in Chapter I, Section E: Making Every Dollar Count) totalling $ 0.9 billion in 2014 — 15 and $ 1.0 billion in 2015 — 16, and the revenue implications of the proposed removal of the electricity Debt Retirement Charge cost from residential users» bills (discussed in Chapter I, Section D: Fostering a Fair Society).

By doing so, you would be taking money that would be free of state income taxes during retirement and making those dollars taxable today.

Sure some people make money on tax liens, but it's the small minority and not an investment suited for someone who doesn't first have tens of thousands of dollars invested.

I think the Roth 401k only makes sense if you are already maxing out your tax sheltered accounts, because the Roth 401k allows you to invest a higher «effective savings rate» since you're saving after - tax dollars.

But Apple and other Big Tech corporations like Google and Amazon — along with much of Big Pharma and even Starbucks — have avoided paying hundreds of billions of dollars in taxes on their worldwide earnings because they don't mainly sell physical things like cars or refrigerators or television sets that they make here and ship abroad.

You might want to make estimated tax payments instead if you need every one of those unemployment dollars to make ends meet.

I'm making four 500 dollar payments this year in additional to my rollover from 2017 in anticipation of a larger tax bill.

By allowing every capital purchase to be made with tax - free dollars, expensing would create incentives for companies to invest in new equipment and structures.

Under CBO's Alternative Fiscal Scenario — which assumes many of the 2017 tax law's expiring provisions and other temporary tax cuts are made permanent, the recent spending deal is extended so that most discretionary spending grows with inflation, and emergency funding for disasters is kept in line with its historical average — deficits will exceed the two - trillion dollar mark by 2028.

Another route would be for states to create dollar - for - dollar tax credits for all charitable contributions made to the state government.

Debt - financed tax cuts may well push up interest rates in the U.S., which attracts more foreign investment, which raises the value of the dollar, which makes exports less competitive and imports cheaper, which increases the trade deficit.

We all know that lotteries are a loser's game that taxes the poor, but Jerry and Marge Selbee made millions of dollars playing lotteries in...

Operating margin measures how much profit a company makes on a dollar of sales, after paying for variable costs of production such as wages and raw materials, but before paying interest or tax.

I also think more foreign companies will consider investing in the United States, as the combination of lower tax rates and the weak dollar makes the US a more attractive place to invest.

A disadvantage of investing in a Roth IRA is that your initial Roth IRA contributions aren't tax deductible and are made with after tax dollars.

A Roth 401k is a type of retirement account that employers offer; it allows you to make contributions with after - tax dollars.

But if the state issued a dollar - for - dollar state tax credit for charitable contributions made to, say, the state's general infrastructure fund, the first $ 6,000 donated, though reducing state tax liability by $ 6,000, does nothing to lower federal taxes owed because the taxpayer would still take the standard deduction.

He also believes a strong U.S. dollar combined with Toronto's position atop a number of world rankings make Ontario ripe for foreign investment — despite the 15 per cent foreign buyers» tax.

And I also think that you know if people are fortunate enough to make you know a million dollars trading Cryptocurrencies, then why shouldn't they pay the same taxes somebody that was fortunate enough to make a million dollars trading stocks or bonds or future contracts.

Traditional IRAs offer the benefit of tax deferred growth since contributions are generally made with before - tax dollars and you don't pay taxes on that money until you take it out.

Since every dollar you spend on taxes is one less you have to spend on your retirement goals, it makes sense to focus on your after - tax income.

Paying thousands of dollars in marriage penalty taxes didn't make sense.

Permanent annual trillion - dollar deficits will now return next year and top $ 2 trillion by 2027 if both this budget deal and the tax law are made permanent, which is what Congress intends.

Perhaps the best way to achieve that goal is to hope for a Washington impasse, making the dollar weaker than it would be if tax reform and infrastructure are passed.

Insurer Allstate likely made its investors happy this February when it announced that it was boosting its quarterly dividend by 24 percent to 46 cents a share, a benefit of the half - billion dollars in profit freed up by the recent cut to the corporate tax rate.

Tax Dollars To The Poor = Bad Tax Dollars To Those Who Already Have The Needs To Help Themselves If They Didn't Run Their Company In The Ground By Making Poor Business Decisions = The most conservative thing any American could do... you know, personal responsibility.

exemptions should END... pay up like we have to pay... I am NOT part of your church why do MY tax dollars have to make up for your PROFITS...

Of course «our» tax dollars and the welfare and he got college degree pay by us too everything free, but my kids pay student loans to go to college how sad the criminals get help and honest people don't, my kids work hard babysitting, delivering newspapers, washing cars, packing groceries, cutting grass oh that make me so proud of my kids!

After one particularly offensive show on Aug 19, 2010 where he and his cohost, Crank, spent the morning railing against the «mentally diseased perverts» everyone else calls gay, preaching that women aren't equal to men and should be home raising the kids and making dinner, and Blacks need to kick their drug habits and get a job instead of freeloading off his hard earned tax dollars by trading in their food stamps for drug money, we started a blog documenting his abuses on the air waves.

And Bible Clown... don't worry your tax dollars are being spent on much more foolish things than a cross made from the WC building as part of a memorial.

80 % of the argument is that tax payers dollars is being spent on this cross and that its shoving religion down peoples throats, making the root of the problem the funding for the memorial, and using the religious part as a cover up.

Many feared an acceleration of President Obama's progressive policies, including the use of their tax dollars to make abortion even more accessible.

1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother stimulus effect on the economy 3) Charities make purchases tax - free, meaning that $ 1 spent by a charity generates a full $ 1 of private economic activity; furthermore, much of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society; from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes

I merely pointed out that the argument made that spending our tax dollars to kill children is not necessarily what is going on.

It's stupifying to see them make billions of dollars in tax - free earnings every year, and fighting - words to hear them lobby our public servants with those very funds.

The 46 per cent of our tax dollars earmarked for current operations buys the world's greatest military machine: troops, weapons, bombers, submarines, and the research and development to strengthen our war - making capability.

As soon as he makes it mandatory that all welfare recipient who pop out babies to get more of my tax dollars then I will agree with making it mandatory for any church or employer to provide it.

If you call persecution hearing or seeing one of the few atheists in America make a claim that your God doesn't exist, what would you call it if they tried to add «God doesn't exist» to our coins, tried to get your kid's to stand still each morning at the start of class for a moment of silence in honor of Darwin or Dawkins, tried to get more tax dollars to support their work of spreading the good news that there is no God and demanded that our President must be Atheist to get elected.