Sentences with phrase «temporary cut»

To win Senate Republican backing, it was coupled with temporary cuts in middle - class tax brackets.

The combined proposal would slash corporate tax rates permanently, offer temporary cuts for individuals, and repeal the individual mandate in Obamacare, a $ 338 billion health care cut that leaves 13 million more people uninsured by 2027.

The plan, crafted by Senate Finance Committee Chair Orrin Hatch and Majority Leader Mitch McConnell, would slash corporate tax rates permanently, offer temporary cuts for individuals, and repeal the individual mandate in Obamacare, a $ 338 billion health care cut that leaves 13 million more people uninsured by 2027.

Equally significant, the income tax section (Part TT) of the budget's revenue bill decouples the previously temporary cuts in middle - income brackets, which will now be expanded and extended permanently, from the state's «millionaire tax,» which is still due to expire at the end of 2017.

A little while ago I recommended a 5 % temporary cut in MPs» pay as a sign of moral leadership from Parliament during a time when the public sector would need to be slimmed down.

In a study on a temporary corporate tax cut versus a permanent tax cut, the Tax Foundation found that short - term investments under a temporary cut would considerably mute the economic boost of cutting taxes on businesses.

The temporary cut in payroll taxes for Social Security, introduced in 2010 to bolster the economy, reduced revenues by more than $ 100 billion in 2012.

Then again, the 2.5 % temporary cut that Darling introduced achieved absolutely sod all so perhaps a rise won't change much either!

His call for a temporary cut in the rate of VAT represents, to his mind, a halfway house between Osborne's deficit reduction plan and Alistair Darling's proposal to halve the deficit over four years.

Tony Dolphin, chief economist at IPPR, has already made practical suggestions and called for the Monetary Policy Committee to authorise an increase in quantitative easing and the Chancellor to implement a temporary cut in national insurance contributions.

While some retailers such as Very are offering a temporary cut - price of # 249, the likes of Clove and Expansys sell the 16 GB model for # 246 and # 225 respectively.

If you can't afford your premiums as they are, talk to your insurer to see if you can agree to a temporary cut in your monthly payments in return for a lower amount of cover.