Sentences with phrase «tax the people more»

Which OT verse was it that says the govt should tax people more to give to the rich.

You see, tax collectors were paid, but were allowed to give themselves pay raises by taxing the people more.

But this fascination with taxing people more who work hard and now fining people more who work hard is a joke.

Not exact matches

Let that money sit for a while, and you'll most likely pay no more than 15 % in taxes on its growth, as the long - term capital gains tax for most people is far lower than taxes on regular income.

To find the wealthiest people in the world, Wealth - X looked at its database of dossiers on more than 110,000 ultra-high net - worth people and used a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency - exchange rates, local taxes, savings rates, investment performance, and other factors.

The companies surveyed provided employment to more than 1.1 million people, and comprised nearly 20 % of all federal corporate tax collected on business profit in the country.

«By centralizing back office support and empowering CPAs and financial advisors with the tools they need to manage more complex tax, accounting, and wealth management strategies, top shelf financial and tax services become available to more people.»

Labour has said it will raise income taxes on people earning more than # 80,000 ($ 103,152) a year, promising no increases for the other 95 % of taxpayers.

«It's becoming far more common, people are having their kids older and they're using these technologies that weren't available to everybody 20 years ago,» said H&R Block senior tax professional Valorie Elgar.

The law's personal tax cut could furnish an additional incentive because when people get to keep more of what they earn, working looks more attractive.

To the extent that a change in tax credits makes healthcare more affordable for some people, insurers and hospitals could stand to benefit.

Taxes on tobacco products have also continued to rise, making it even more difficult for young people with less money in their pocket.

«They got married, they had a child, they separated... People need to really be looking at more the way their life has changed, and how that's going to affect their taxes.»

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Most people contribute to a 401 (k) to grow their savings tax free, but it may end up costing you more money than you save.

«We've said all along that our tax reform bill would create more jobs, fairer taxes, and bigger paychecks for the American people,» said Doug Andres, a spokesman for Ryan, said this week.

As it turns out, people with higher income levels are more likely than those of modest means to opt for HSA - qualified health plans, because they are less concerned by the potential out - of - pocket medical costs and more interested in the tax savings, according to Fronstin at EBRI.

He added that people are also sick of seeing «billionaires not paying any federal income taxes,» something Trump may have been able to do for more than a decade.

In 2009, General Motors killed its Pontiac line of vehicles, which was named for the city, and then announced the closure of two local plants, putting more than 2,000 people out of work and costing the city a huge chunk of tax revenue.

Where the Small Business Scorecard is concerned, the good hiring news really needs to be tempered with the fact that we continue to see more and more reliance on independent contractors — workers without company - paid benefits and matching FICA taxes, and people who can't always count on their employment continuing.

«In general, people who are more organized do a better job of tracking expenses and keeping records neat for tax purposes,» she adds.

Businesses naturally become an integral part of the communities in which they do business — they hire its people, contribute to the tax base, become points of local pride, and much more.

The AHCA attempts to preserve certain Obamacare components (mandating coverage for Americans with pre-existing conditions, requiring insurers to provide certain benefits, etc) while massively scaling back others (including the Medicaid expansion which has covered millions of low - income people and replacing more generous insurance subsidies with optional tax credits that can be used to buy coverage).

When Trump announced his tax reform plan, he said, «We're reducing taxes, but believe me, there will be people in the very upper echelon that won't be thrilled with this,» suggesting that through eliminating deductions that the wealthy often use, the rich would pay more.

n general, people who are more organized do a better job of tracking expenses and keeping records neat for tax purposes,» she adds.

Lower taxes for wealthy people should mean more money flowing into the stock market.

Rather than its narrowly - framed focus on wealthy individuals taking unfair tax advantage, people are beginning to wonder whether the proposals will hit more broadly than pitched, and whether that in itself is unfair.

But back in the real world, tax sheltering did not end until Reagan signed the Tax Reform Act of 1986, which made it much more difficult for people to manipulate losses to create tax sheltetax sheltering did not end until Reagan signed the Tax Reform Act of 1986, which made it much more difficult for people to manipulate losses to create tax shelteTax Reform Act of 1986, which made it much more difficult for people to manipulate losses to create tax sheltetax shelters.

FiveThirtyEight pointed out that the number of people who thought tax cuts enacted under Presidents Ronald Reagan and George W. Bush would help the rich more than the middle class increased after those plans passed.

But the faster word spread about the formidable tax advantages, the more people made use of incorporation to cut their tax bills.

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More generally, people are programmed to maximize their utility, so they look for ways to enjoy public services and minimize their taxes.

The levels of employment attracted to Ireland and Luxembourg combined by their tax policies would have little impact on employment in the UK, home to at least 12 times more people.

Warren Buffett, No. 3 on Forbes» list of the world's richest people and most prominent among the low - tax dissenters, wrote an op - ed in The New York Times arguing that, in concert with budget cuts, Washington should raise taxes — especially on dividends and capital gains — for those earning upwards of US$ 1 million a year and even more on the 8,000 or so Americans making $ 10 million and up.

Some of these people may have decided paying the Obamacare penalty for this tax year was a more cost - effective move.

Many of the business tax cuts in the Republican plan are simply windfalls for people who made business investments in the past — and even if investors are very responsive to incentives, they can't respond to the bill by investing more in businesses and creating more jobs in the past.

Knowing that if a compromise isn't reached between Speaker Boehner and President Obama, the result is a likely recession, should small - business groups back Boehner's insistence that the Bush tax cuts be preserved for everyone or should they acquiesce to the President's call for higher tax rates on people earning more than $ 200,000 a year?

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That's a bigger impact than most economists expect given the skewed nature of the tax cuts toward wealthier people, who are more likely to save than spend.

This is because America has one political party interested in raising taxes on people who make more than $ 300,000 and no political parties interested in raising taxes on people who make less than $ 300,000.

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«I think in the country, people said at where we are right now, we need to have some of these things in place, but now with a dynamic and robust economy and what we see happening right now with the tax cuts and job bill, it makes a lot of things more possible,» Kelly said.

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State and federal unemployment taxes, but only if (1) they pay wages to employees totaling $ 1,500 or more in any quarter of a calendar year, or (2) they employed at least one person during any day of the week during any 20 weeks in a calendar year, regardless of whether or not the weeks were consecutive.

Fredrick Petrie, author of «The End of Work: Financial Planning for People With Better Things To Do,» recommends «taxing» yourself in order to get more money out of your wallet and into the bank — this way you'll make savings a priority from the get - go, rather than budgeting everything else first and then seeing what is left over for savings.

Here's why: Many people don't realize that they may get socked with a 15 % excise tax as well as income - tax liability if their retirement accounts build so high that they, or their beneficiaries, eventually have to take any distribution that the IRS deems excessively large — more than $ 155,000 in 1996.

«We tend to think of accountants as numbers people, but a good accountant does more than just figure the numbers,» says Ed Lyon, co-founder of the American Institute for Certified Tax Coaches.

President Obama announced tax cuts for small businesses that hire new workers or raise current workers» wages, and a special tax credit of $ 4,000 for employers that hire people who have been out of work for more than six months.

Earlier, top House tax writer Rep. Kevin Brady said that he would like changes to «help people save more, sooner.»

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