Sentences with phrase «than the taxpayers of»

Are the taxpayers of East Ramapo less important than the taxpayers of Rockland County?

Not exact matches

The Liberals say that certain taxpayers are using corporations to pay less than their «fair share» of taxes.

And put that way, it seems a bit more daunting from a taxpayer's point of view, especially when there's very little governments can or need to do to fix Canada's affordable housing crisis — other than get out of the way.

Thus today, Ontario taxpayers in the highest bracket pay more of their marginal earnings to the government than they keep themselves.

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.

Part of the problem, the study found, is that «existing tax rules effectively create a $ 19,399 reporting tax loophole impacting millions of taxpayers» because of the confusion surrounding the requirements for forms 1099 - K, which is supposed to be filed by companies when they earn more than $ 20,000 through 200 or more credit card transactions, and 1099 - MISC, which covers payments above $ 600 to independent contractors, freelancers and small businesses.

In any case, she suggests, the SBA's role in the American economy is statistically insignificant — less than 1 percent of all businesses receive SBA loans each year — yet constitutes unfair competition to businesses that don't need such help and a potentially huge liability to taxpayers should the economy tank.

Solyndra went bankrupt in 2011 owing more than $ 500 million to taxpayers from another Department of Energy loan program.

If you're one of the one million taxpayers who still have not filed their 2014 returns, you could be missing out on your portion of refunds totaling more than $ 1 billion.

«Rather than engage in endless legal battles at taxpayer expense, today I signed an executive order to dissolve the Commission, and have asked the Department of Homeland Security to review these issues and determine next courses of action,» Trump said in a statement.

While less than 1 percent of individual taxpayers are audited, certain aspects of your tax return can spark scrutiny from the IRS.

Beginning with the auto bailout, which the administration now claims cost taxpayers $ 9.3 billion but saved more than a million jobs, Obama doubled down on his commitment to manufacturing, setting a goal of doubling American exports between 2009 and 2014.

The tax was suggested by the IMF as a way to force banks to fund their own bailouts in times of crisis, rather than drawing from taxpayers» pockets.

The research also shows that 49 percent of taxpayers who took the deduction had income below $ 50,000 and 69 percent earned less than $ 75,000.

But the policy issue boils down to this: CCPC owners can defer paying taxes on far more income, passively invested by their small businesses, than the upper limit of about $ 26,000 a year in RRSP contributions allowed for salary - earning taxpayers.

Little can strike more fear in the heart of taxpayers than the prospect of the IRS questioning their tax return.

«Since... 2011 we have created more than 512,000 private - sector jobs, implemented pro-business tax reform and saved millions of taxpayer dollars by maintaining Georgia's AAA bond rating.»

Admittedly, it takes a rather mundane $ 135,055 of individual annual income to make it into the top federal tax bracket in Canada, as opposed to more than US$ 400,000 in the U.S. Taxpayers who fall below that U.S. threshold are, generally speaking, better off south of the border.

Tom Price had cost taxpayers more than $ 1 million between his use of private planes for domestic travel and military jets for recent trips to Africa, Europe, and Asia, Politico reported.

His use of military jets for international travel, on which his wife, Betty, joined him, cost taxpayers more than $ 500,000, the outlet reported.

Although there are no guarantees that anyone other than the taxpayer involved will receive the promised treatment, private letter rulings serve as useful barometers of the IRS's thinking.

Separately, some Republican senators were questioning the repeal of a 40 percent inheritance tax levied on estates worth more than $ 5.5 million, or $ 11 million for married couples — a tax paid only by the wealthiest American taxpayers, or about 0.2 percent of Americans, according to the Center on Budget and Policy Priorities, a research and policy institute.

But as of December 31, 1991, the IRS no longer settles for 100 % of last year's bill in cases in which taxpayers earn adjusted gross incomes of at least $ 75,000, paid quarterly estimated taxes during any of the three previous years, and earn $ 40,000 more than they did last year.

The potential benefit of Roth IRA conversions occurs when a taxpayer is presently in a lower tax bracket than he or she expects to be in retirement.

If Congress had not enacted the 2001 and 2003 tax cuts, 10 million taxpayers would owe the AMT in 2007, according to estimates by the Urban Institute - Brookings Institution Tax Policy Center; reducing the number of affected taxpayers to several million, as the House - passed AMT «patch» bill would do, would have cost less than $ 15 billion.

That year, members of Congress received more constituent letters about the 155 taxpayers than about the Vietnam War.

From 2001 to 2011, that study found that fewer than five per cent of Canadian taxpayers in the bottom half of the income scale owned at least 10 per cent of the shares in at least one Canadian - controlled private corporation (CCPC).

Since almost all wage income is subject to withholding already, these taxpayers could more easily be shifted into a return - free system than the rest of the filing population.

A federal agency that insured more than half of all loans for first - time homebuyers last year may soon look to taxpayers to shore up its dwindling finances.

If the standard deduction is larger than the sum of your itemized deductions (as it is for many taxpayers), you receive the standard deduction.

Why does this group of taxpayers deserve a tax cut more than all other Canadian taxpayer?

The Conservative proposals take up a large part of the surplus but puts money in taxpayer's pockets, some more than others.

True to form of 2006/07, program expenditures came in under budget, at $ 197.1 billion compared to $ 199.6 billion in the budget â $ «thereby preventing the Canadian Taxpayers Federation from issuing a press release decrying more than $ 200 billion in socialist waste.

Orange County was then the second most populated county in California, meaning that it is very likely that the vast majority of the 250 taxpayers who were delinquent to the State of California for more than $ 100,000 probably came from Orange County.

While the state of New York has invested more than $ 900 million of taxpayer funds to date into the project and its associated developments, SolarCity has spent just around $ 20 million in capital expenditures in Buffalo so far, according to multiple sources.

Given that taxpayers have a lot more capital gains tax in 2017 than originally expected, Bitcoin holders are finding themselves in need to sell more of their portfolio in order to pay those taxes.

A taxpayer will also typically itemize tax deductions if it offers them more benefits than the standard deduction (i.e., when the total amount of qualified deductible expenses is greater than the standard deduction).

«That only 800 to 900 taxpayers reported gains related to bitcoin in each of the relevant years and that more than 14,000 Coinbase users have either bought, sold, sent or received at least $ 20,000 worth of bitcoin in a given year suggests that many Coinbase users may not be reporting their bitcoin gains,» wrote Judge Corley in the order.

Nebraska Child / Dependent Care Credit — available to taxpayers with AGI less than $ 29,000, equal to between 100 % and 30 % of the federal credit

Because the higher standard deduction will exceed the value of itemized deductions for many taxpayers, the Tax Policy Center estimates that more than 25 million families will stop itemizing in 2018 — that's more than half the number of people who have itemized in recent years.

A progressive tax claims a proportionately larger share of income from higher - income than from lower - income taxpayers.

This option would cost $ 174.9 billion over 10 years (figure 1) and would reduce the number of AMT taxpayers by more than 3.7 million (figure 2).

Tariffs and trade wars still seem like a bad idea: open letter to the President Al Roth The National Taxpayers Union has organized the following letter, signed by more than 1100 economists, of whom I am one.

Pruitt is the subject of no fewer than 10 ethical investigations, as reports about his extravagant spending, taxpayer - funded flights, and dicey living situation have come to light.

Because tax rates increase with taxable income, a dollar of deductions generally benefits a high - income taxpayer more than a low - income taxpayer.

Three of the half - dozen or so super-rich taxpayers in Connecticut use the services of the Greenwich accounting firm Marcum LLP, and each has a yearly income of more than $ 1 billion.

In addition, many upper - middle - income taxpayers who face the Alternative Minimum Tax — a higher tax than their regular income tax — will not be able to claim deductions that may be allowed on a regular tax return, according to tax analyst Mark Luscombe of CCH, part of Wolters Kluwer.

In his speech to the Committee for the Republic in Washington D.C. on January 16, 2013, Richard Fisher of the Dallas Fed said: «The next financial crisis could cost more than two years of economic output, borne by millions of U.S. taxpayers.

Given the fact that the B.C. Liberals went over budget by more than $ 3 billion on their last five major projects, it would be no surprise if B.C. taxpayers start losing sleep thinking about a bunch of «nervous» B.C. Liberals mismanaging Site C without BCUC oversight.

If her government had spent the last three years negotiating on aboriginal title with First Nations — rather than spending millions of taxpayers» dollars fighting a losing battle against the Tsilhqot» in — there would today be more opportunity and benefits for First Nations and greater certainty for investors and workers on where and how LNG related pipelines and plants will proceed.