Sentences with phrase «taxing people who»

«It's a blatant excuse to give a tax cut to wealthy people who don't need it in the first place and to finance that through taxing people who can't afford it even more,» Murray said.
But as Levi sat there with his booth, taxing people who came to hear Jesus teach, he also got to hear the teaching of Jesus for Himself.
The big issue would be trying to tax people who physically own gold or other similar things, ie; people specifically purchasing gold to avoid the tax.
Why should they throw away the good times and back a left - wing socialist who wants to control every aspect of their lives, tax people who work hard and support those people who have no intention of ever doing a day's work?
«I know it's very easy to say tax people who are wealthy, a lot of those people can move tomorrow.»
Wouldn't that be a more profitable area for investigation than trying to tax people who already pay for state education, which they don't use, plus private education?
Although it's very easy to say, «Tax people who are wealthy,» a lot of those people can move tomorrow.»
But he wrote that the health care law is instead constitutional under the nation's tax laws, because Congress has the authority to tax people who refuse to buy coverage.
I need a TAX person who specialize in dealing in that area.

Not exact matches

He said his administration is just getting started and «will work tirelessly to make good on our promise to the working people who built our Nation and deliver historic tax cuts and reforms — the rocket fuel our economy needs to soar higher than ever before.»
Indirectly, however, people who need insurance the most — older, less healthy Americans — will subsidize tax cuts via higher premiums.
Overall, people who were owed large refunds filed early in the tax season, the findings show.
The changes considered were a reduction in revenue, cuts to Medicare, and reductions in taxes and in subsidies for low - income people who use private insurers.
The news will come as a relief to thousands of people who dabbled in bitcoin but faced the prospect of a tax investigation for failing to disclose they sold a small amount of the currency, or used it to purchase goods and services.
On April 17, the first 17 people who call to book requesting the «Tax Day rate» will get a one - night stay for just $ 4.17.
People 65 and over comprised about 18 % of people who filed returns and paid about 12.5 % of alPeople 65 and over comprised about 18 % of people who filed returns and paid about 12.5 % of alpeople who filed returns and paid about 12.5 % of all tax.
After my comparison of H&R Block and TurboTax came out, a reader reached out to tell me that FreeTaxUSA was another good option for people who want to file their taxes without having their intelligence insulted (his words, not mine).
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.
«Any way you look at it, the bank tax is simply a new tax over which the people who pay it — ordinary citizens — will have little or no say over what is done with the money,» said one respondent.
«In general, people who are more organized do a better job of tracking expenses and keeping records neat for tax purposes,» she adds.
It's not the first time banks have loaned too much money to people who could ill afford to borrow it, and ultimately it will be the tax payers who pick up the tab.
n general, people who are more organized do a better job of tracking expenses and keeping records neat for tax purposes,» she adds.
«For a lot of people it's certainly worth a shot,» said Joseph Perry, a tax advisor at Marcum, who advises many wealthy families.
The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a commensurate decrease in gasoline prices that may act as a massive tax cut for the very people who have, so far, reaped very few benefits from the economic recovery.
Instead of simply trying to outlaw an obviously productive practice, why not simply figure out a way to make sure that people who rent rooms are paying their taxes?
Apparently a lot of people who've incorporated are sensitive about having this gap between personal and small - business tax rates called a «loophole,» but what the heck: It's a loophole, in the sense that it was never designed as a goal of public policy.
Specifically, VAs are worth considering for people who have already stuffed every penny possible into 401 (k) s, SEPs, SIMPLEs, Keoghs, IRAs or other tax - deferred plans.
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.
The IRS also has a Volunteer Income Tax Assistance program for people with disabilities, limited English or those who generally make $ 54,000 or less, and Tax Counseling for the Elderly for those age 60 or older.
Today the president voiced his support for «direct and rapid income tax relief for the American people,» and on this he has the backing of the Democrats who control Congress.
For those who can't afford help or are determined not to spend a dime yet still want in - person assistance from a tax pro, the AARP Foundation runs the volunteer - based Tax - Aide progrtax pro, the AARP Foundation runs the volunteer - based Tax - Aide progrTax - Aide program.
Taxpayers who qualify as real estate professionals generally have been able to get a bigger tax break for those losses, which could prod some people to try passing as one for tax purposes.
cents Work Opportunity Tax Credit: Both houses extend, through 2010, this tax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic skilTax Credit: Both houses extend, through 2010, this tax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic skiltax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic skills.
Overall impact: It might have a positive impact on the economy — especially if you ask the people who propose enacting big taxes on marijuana like we do for alcohol and cigarettes.
The study is based on responses from 3,254 people, including 1,706 women, who have donated to charities and claimed itemized charitable deductions on their 2015 tax returns.
«We could have people on the lower range whose federal taxes will go up a considerable amount who are now paying a share of the AMT,» says Bernadette Schopfer, director of taxation for Maier Markey & Juspic in White Plains, New York.
(Though not by Norquist, who characterizes the maneuver as telling the American people, «we had a vote, but because we did it in an interesting order, please don't notice that we raised your taxes by $ 100 billion.»
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.
He was part of a New York City dinner circuit that includes people who believe the US should go back to the gold standard, rich people who don't think they should have to give back to society in the form of taxes, and anyone interested in either of those ideas who wanted to write a book about them.
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.
According to Republican sources who asked not to be identified, House leaders will propose an approximately $ 85 billion fund for tax credits to help people aged 50 - 64 get health insurance.
In fact, some people simply let the balances accumulate over their lifetime and pass the Roth IRA on to heirs (who also enjoy the tax - free status, although they must meet other rules).
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.
The income - sprinkling change was among a handful of measures Ottawa insists will target wealthy people who use corporate structures purely as a way to reduce their taxes.
And they will vote for this president no matter what... These are people who pay no income tax
As the details of this plan become known, and as the political response builds from people who fear their taxes will be raised, and as they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business - interest expenses), this plan will become an enormous liability.
«This is especially good for young people in lower tax brackets who don't need the deduction as much right now,» says Lockwood.
JCT estimates that the House bill could raise taxes on as many as 38 million people who earn between $ 20,000 and $ 40,000 per year, beginning in 2023.
But while there is a lot we don't know, we can identify a group of taxpayers likely to face tax increases from this proposal: people with moderate to upper - moderate incomes who take itemized deductions, like those for mortgage interest and state and local taxes paid.
One caveat: although the transactions can be structured to be virtually estate - tax free, the person who sets up the trust must pay income tax on all funds earned by the GRAT.
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