Sentences with phrase «taxed at a higher percentage»

That means the additional amount above the last tax bracket is taxed at a higher percentage than either of your withholding charts would indicate.

Not exact matches

What is somewhat of a shock, however, is that the second highest effective property tax rate — calculated based on a percentage of a home's value — was for houses at the extreme low end of the value spectrum, assessed at under $ 50,000 or less.

Taxes are applied at the highest rate unless there is evidence to support a lower percentage, in which case an explanation is given in the net worth summary.

But after considering the impact of taxes, the taxable - equivalent yield (the return required on a taxable bond to make it equal to the return of a tax - exempt bond) of municipal bonds was a full percentage point higher, at 3.75 %, for investors in the highest (37 %) tax bracket.

In New York State, the janitor at TrumpTowers pays a higher percentage of his income for state and local taxes than Donald Trump, Rob Astorino or Andrew Cuomo.

One proposal which deals with some of the severe tilt of the charitable deduction towards high wealth taxpayers is to cap the deduction at a fixed percentage of annual income, which would be invariant to the tax rate of the donor.

One such global branch, Germany, is now Amazon's second largest retail market, which is interesting considering that only a few years ago Germany was considered a slow adopter of ebooks due to strange legal ramifications that taxes ebooks at a much higher percentage than print.

Aim for much more and soon enough the tax brackets start to kick in at steadily higher percentages.

But after considering the impact of taxes, the taxable - equivalent yield (the return required on a taxable bond to make it equal to the return of a tax - exempt bond) of municipal bonds was a full percentage point higher, at 3.75 %, for investors in the highest (37 %) tax bracket.

«Even after the additional income, his marginal tax rate is at least a few percentage points higher than hers, so he'd benefit more by making his own RRSP contributions,» says Noel D'Souza, a Toronto CFP with Money Coaches Canada.

Post-tax returns of the S&P 500 may be lower than pre-tax returns by a smaller percentage when compared to post-tax to pre-tax returns of the Powerfunds Portfolios, since our returns have been achieved with bonds, which have been taxed at higher rates, as well as stocks and required realizing capital gains along the way as the portfolios changed.

A NUA that is a higher percentage of total market value creates greater potential tax savings because more of the proceeds will be taxed at the lower capital gains rate and less will be taxed at income tax rates.