Sentences with phrase «through taxing people»

«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.

Not exact matches

People queuing up for Mega Millions tickets aren't the only ones salivating over the record $ 540 million jackpot that could be won Friday — some state governments struggling through lean times know a hometown winner would bring a tax bonanza.
«Because the only other way you can get extra money to go in, if you wanted the same number of people, the same kind of teaching, would be to take it from working people through their taxes.
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.
Income from «pass throughs» flows to the business owner directly and is currently taxed at that person's individual tax rate, which can be as high as 39.6 percent.
About 1 million people filed taxes through Credit Karma when it launched its free tax service last year, the company said.
At least 10 people tried to mail their taxes through the campground post office on the first day of the festival — a reckless choice considering the mail doesn't have a return address and, as Hampton says, the destination isn't always written out carefully considering the senders» level of sobriety.
Rudy Giuliani, for one, seems to think that given a tax deduction, a lot of people insured through their workplace will shift to private policies on principle, sucking up the extra cost at first, but ultimately driving the price down so the uninsured can eventually buy in.
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.
The SEC already gains some of its funding through such a tax mechanism, a fact that many people don't know.
This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a lower tax rate would spark so much additional investment in the United States that it would bid up wages and leave the middle class better off through its indirect effects.
Pass - throughs will counter that in many cases, people who own stock through 401 (k) s and IRAs don't have to pay capital gains or dividend taxes, and so their profits are only taxed at the corporate rate, which is lower than the top individual rate (and would be much lower under this plan), putting pass - throughs at a potential disadvantage.
Three ARRA provisions were extended through 2017, while permanent changes to the estate tax and the alternative minimum tax reduced the number of people affected and indexed those provisions for inflation.
Eighty - six percent of people who report pass - through income already fall in the 25 percent tax bracket, according to the Tax Policy Centtax bracket, according to the Tax Policy CentTax Policy Center.
The House bill, for instance, exempts income from professional partnerships like law firms from the lower rate, and limits other people who actively work at their pass - through companies to having only 30 percent of their income taxed at the new lower rate.
Some of the wealthiest people in the world has also chosen to settle in the Cayman Islands for its favorable tax regime, and are contributing to the local economy through their spending.
For example, more and more people are making payments through their smartphones, they can pay for taxes, buy movie tickets, shop online, transfer money, pay for goods at restaurants and shops, all on their smartphones.
The Senate Republican bill allows people who earn pass - through income to deduct 17.4 percent of it from taxes.
Most of the people who will benefit from a tax cut on pass - through income are not small business owners.
«We've done a lot through the tax system to encourage Canadian executives, business people, to start utilizing some of the capital they have on their balance sheets,» said Flaherty.
About Deloitte Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 7,700 people in 58 offices.
«If by a fiscal conservative, one means a person who wants to reduce the size of government through less government spending, lower taxes, balanced budgets and lower debt burdens, then Harper is clearly not a fiscal conservative.»
Why go through the hastle of gathering and printing all the paper work when millions of people have made the move to electronic filing for their taxes.
People who invest through peer - to - peer lending platforms may be able to offset losses from bad loans against gains from other loans when calculating tax on the interest they've earned.
Worship through the giving of the religious tax is the best means of promoting the welfare of society, linking the classes of the community with reciprocal sympathy and compassion, and spreading throughout the people a sentiment of love and cooperation.
Still some argue that as people become more willing to pay for clean air, through taxes in this instance, there can be market incentives to reduce pollution.
Then maybe people would take it more seriously and we wouldnt have these religious nuts having 5, 10 or even 20 children like the Duggers that the rest of society has to support through our tax dollars.
The government often serves as the mediator in this transaction by taxing the rich, and then running the money through a vast array of bureaucracies until eventually, a small portion of what was given finally makes it to the nameless masses of poor people, many of whom do not even need the aid, are taking advantage of the system, or could otherwise work but choose not to.
I just wonder why they are not fighting just as hard against other forms of «killing humans» like the death penalty (no one can say no innocent people have died on death row) the poor and sick and many elderly being allowed to starve and freeze because the religious right doesn't want to shoulder that burden through their taxes.
Tax - collector's were Jewish agents of Rome, who mediated pagan oppression through taking money from innocent people.
The report, Taking Care of Business, does highlights how big business can have a positive impact on poverty reduction through job creation and the payment of taxes but says many poor people around the world are not feeling the benefits.
It is unknown what actions this repentant tax - collector performed as a result of his repentance, but if he was anything like Zacchaeus, he may have given away 50 % of his fortune to the poor, and returned 400 % of any money he had taken from people through extortion (Luke 19:8).
These people would not allow any religion but Christianity to be seen in a good light if taught in classes in the USA, when history proves that, Christianity is the reason so many people in the USA have been motivated to lynch black people, make gays second class citizens, fought against woman being allowed to vote, hunted down and killed others from different denominations, force all other's to pay for their «work» whether in the USA or around the world through tax exempt status, gifts or «Faith - based initiatives».
For all others, through tax benefits and insurance competi «tion people buy PRIVATE INS.
The church continued to teach the people that the principle of the tithe still stood, but that now, rather than send this money to the church through the government tax collectors, the people could give it directly to the church itself.
The main concerns are cutting the budget and our taxes, enlarging the private sector through either deregulation or public - private partnership, and encouraging greed, on the belief that if all persons are sufficiently greedy there will be no poor.
IMHO Having 25 + / - kids at home (foster or not) should not give her time on the big stage in front of the American people to run for President as this would be child neglect or borders on tax payer fraud through the foster care system payments she receives for each child which is about $ 650 / Month.
I am working on a plan like this in Canada (as there are far less people and it is easier to get through) because being from a socialist country it is vital for people to feel the money they pay in taxes is being spent on things that benifit them, even if it is only a percentage of the overall amount.
What people fail to understand is, that if you have healthcare through your job, you are being double - dipped: — your employer is using YOUR money to pay for your health insurance (otherwise you'd get more pay)-- you pay for the uninsured through your taxes.
If the Government was seriously considering a discriminatory tax on a particular food or drink to either raise revenue and / or attempt to tackle the growing waistlines of Australians, then the industry would recommend a broader tax reform through the GST, an increased emphasis on raising people's awareness of the whole diet, and programs to get people, especially kids, more physically active.
Tobacco use is rapidly declining because of really effective measures (plain packaging, advertising bans and increasing price through taxes) that save lives and enormous amounts of money over a lifetime for people who used to smoke.
«There was an immediate and significant increase in accuracy due to our switch in payroll providers.a They do deliver — our people are paid accurately and on time, tips are paid through payroll and taxed accurately, and staff can view their paystubs as well as their schedules on the Fourth app on their cell phone.
I might also support incentives and disincentives that push people in the right direction, like soda taxes, although I haven't thought that through fully.
Concern has been expressed that the tax was unnecessarily rushed through the approval process just before an election that would have added two more people to the 5 - member board that could have swung the vote against the tax.
No small businesses or restaurants, people moving out, unemployment through the rough and taxes going through the roof to pay for the services with a fraction of the population paying.
Meanwhile, the Republicans are ramming through a tax bill that threatens America's economy (and the world's) for the benefit of a vanishingly small number of extremely wealthy people.
And by governance on a daily basis, mean from the how from kings, aristocrats, down through every layer of bureaucracy till you get to your local tax collector, what / why / how these people ran the government administration on a day to day basis, from dealing with a rival city who recently stole one of your citizens crops, to pirates interfering with trade on the Mediterranean, to drought, city administration, what to do with tax money, neighborly disputes, superstition, weather, crime, theft, laws and battles of ideology, to political rivalries and infighting, to a foreigner spreading strange religious ideas in the city (or dealing with somebody accused of a crime they claim they did not commit), I mean everything and everything these officials may have dealt with, daily, and how they changed over time.
I'm very skeptical of most of the public voices who are loudly in favor of budget cuts now, because too many of them were the same people praising the Bush tax cuts that blew the deficit through the roof (nice work that, turning surplus into record - setting deficit in just a handful of years).
«Those are costs that could be considered a hidden tax on people who pay utility bills across New York to support the state budget with dollars that are flowing through the New York Power Authority,» said Deputy State Comptroller Bob Ward.
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