Transcriptional trans-acting proteins of the promoter elements found in the long terminal repeats (LTR) of HUMAN T-LYMPHOTROPIC VIRUS 1 and HUMAN T-LYMPHOTROPIC VIRUS 2. The tax (trans-activator x; x is undefined) proteins act by binding to enhancer elements in the LTR.
A strain of PRIMATE T-LYMPHOTROPIC VIRUS 1 isolated from mature T4 cells in patients with T-lymphoproliferation malignancies. It causes adult T-cell leukemia (LEUKEMIA-LYMPHOMA, T-CELL, ACUTE, HTLV-I-ASSOCIATED), T-cell lymphoma (LYMPHOMA, T-CELL), and is involved in mycosis fungoides, SEZARY SYNDROME and tropical spastic paraparesis (PARAPARESIS, TROPICAL SPASTIC).
Tax on the net income of an individual, organization, or business.
Status not subject to taxation; as the income of a philanthropic organization. Tax-exempt organizations may also qualify to receive tax-deductible donations if they are considered to be nonprofit corporations under Section 501(c)3 of the United States Internal Revenue Code.
DNA sequences that form the coding region for at least three proteins which regulate the expression of HUMAN T-LYMPHOTROPIC VIRUS 1 and HUMAN T-LYMPHOTROPIC VIRUS 2. The proteins are p21(x), p27(rex), and p40(tax). The tax (trans-activator x) and rex (regulator x) genes are part of pX but are in overlapping reading frames. X was the original designation for the sequences or region (at that time of unknown function) in the long open reading frame (lor) which is now called pX.
A strain of PRIMATE T-LYMPHOTROPIC VIRUS 2 that can transform normal T-lymphocytes and can replicate in both T- and B-cell lines. The virus is related to but distinct from HTLV-1.
Aggressive T-Cell malignancy with adult onset, caused by HUMAN T-LYMPHOTROPIC VIRUS 1. It is endemic in Japan, the Caribbean basin, Southeastern United States, Hawaii, and parts of Central and South America and sub-Saharan Africa.
Processes that stimulate the GENETIC TRANSCRIPTION of a gene or set of genes.
A protein that has been shown to function as a calcium-regulated transcription factor as well as a substrate for depolarization-activated CALCIUM-CALMODULIN-DEPENDENT PROTEIN KINASES. This protein functions to integrate both calcium and cAMP signals.
A CELL LINE derived from human T-CELL LEUKEMIA and used to determine the mechanism of differential susceptibility to anti-cancer drugs and radiation.
The type species of DELTARETROVIRUS that causes a form of bovine lymphosarcoma (ENZOOTIC BOVINE LEUKOSIS) or persistent lymphocytosis.
Any of the processes by which cytoplasmic factors influence the differential control of gene action in viruses.
The interchange of goods or commodities, especially on a large scale, between different countries or between populations within the same country. It includes trade (the buying, selling, or exchanging of commodities, whether wholesale or retail) and business (the purchase and sale of goods to make a profit). (From Random House Unabridged Dictionary, 2d ed, p411, p2005 & p283)
Nucleotide sequences repeated on both the 5' and 3' ends of a sequence under consideration. For example, the hallmarks of a transposon are that it is flanked by inverted repeats on each end and the inverted repeats are flanked by direct repeats. The Delta element of Ty retrotransposons and LTRs (long terminal repeats) are examples of this concept.
The area within the CELL NUCLEUS.
Ubiquitous, inducible, nuclear transcriptional activator that binds to enhancer elements in many different cell types and is activated by pathogenic stimuli. The NF-kappa B complex is a heterodimer composed of two DNA-binding subunits: NF-kappa B1 and relA.
A malignant disease of the T-LYMPHOCYTES in the bone marrow, thymus, and/or blood.
Established cell cultures that have the potential to propagate indefinitely.
A course or method of action selected, usually by a government, from among alternatives to guide and determine present and future decisions.
Post-transcriptional regulatory proteins required for the accumulation of mRNAs that encode the gag and env gene products in HUMAN T-LYMPHOTROPIC VIRUS 1 and HUMAN T-LYMPHOTROPIC VIRUS 2. The rex (regulator x; x is undefined) products act by binding to elements in the LONG TERMINAL REPEAT.
An inheritable change in cells manifested by changes in cell division and growth and alterations in cell surface properties. It is induced by infection with a transforming virus.
A subacute paralytic myeloneuropathy occurring endemically in tropical areas such as the Caribbean, Colombia, India, and Africa, as well as in the southwestern region of Japan; associated with infection by HUMAN T-CELL LEUKEMIA VIRUS I. Clinical manifestations include a slowly progressive spastic weakness of the legs, increased reflexes, Babinski signs, incontinence, and loss of vibratory and position sensation. On pathologic examination inflammatory, demyelination, and necrotic lesions may be found in the spinal cord. (Adams et al., Principles of Neurology, 6th ed, p1239)
Substances and products derived from NICOTIANA TABACUM.
Antigens associated with HUMAN T-LYMPHOTROPIC VIRUS 1.
Eukaryotic cell line obtained in a quiescent or stationary phase which undergoes conversion to a state of unregulated growth in culture, resembling an in vitro tumor. It occurs spontaneously or through interaction with viruses, oncogenes, radiation, or drugs/chemicals.
Descriptions of specific amino acid, carbohydrate, or nucleotide sequences which have appeared in the published literature and/or are deposited in and maintained by databanks such as GENBANK, European Molecular Biology Laboratory (EMBL), National Biomedical Research Foundation (NBRF), or other sequence repositories.
Drinkable liquids containing ETHANOL.
System of recording financial transactions.
DNA sequences which are recognized (directly or indirectly) and bound by a DNA-dependent RNA polymerase during the initiation of transcription. Highly conserved sequences within the promoter include the Pribnow box in bacteria and the TATA BOX in eukaryotes.
Lymphocytes responsible for cell-mediated immunity. Two types have been identified - cytotoxic (T-LYMPHOCYTES, CYTOTOXIC) and helper T-lymphocytes (T-LYMPHOCYTES, HELPER-INDUCER). They are formed when lymphocytes circulate through the THYMUS GLAND and differentiate to thymocytes. When exposed to an antigen, they divide rapidly and produce large numbers of new T cells sensitized to that antigen.
Sequences of DNA or RNA that occur in multiple copies. There are several types: INTERSPERSED REPETITIVE SEQUENCES are copies of transposable elements (DNA TRANSPOSABLE ELEMENTS or RETROELEMENTS) dispersed throughout the genome. TERMINAL REPEAT SEQUENCES flank both ends of another sequence, for example, the long terminal repeats (LTRs) on RETROVIRUSES. Variations may be direct repeats, those occurring in the same direction, or inverted repeats, those opposite to each other in direction. TANDEM REPEAT SEQUENCES are copies which lie adjacent to each other, direct or inverted (INVERTED REPEAT SEQUENCES).
The sequence of PURINES and PYRIMIDINES in nucleic acids and polynucleotides. It is also called nucleotide sequence.
The level of governmental organization and function below that of the national or country-wide government.
The biosynthesis of RNA carried out on a template of DNA. The biosynthesis of DNA from an RNA template is called REVERSE TRANSCRIPTION.
Endogenous substances, usually proteins, which are effective in the initiation, stimulation, or termination of the genetic transcription process.
A process whereby representatives of a particular interest group attempt to influence governmental decision makers to accept the policy desires of the lobbying organization.
The uptake of naked or purified DNA by CELLS, usually meaning the process as it occurs in eukaryotic cells. It is analogous to bacterial transformation (TRANSFORMATION, BACTERIAL) and both are routinely employed in GENE TRANSFER TECHNIQUES.
The first continuously cultured human malignant CELL LINE, derived from the cervical carcinoma of Henrietta Lacks. These cells are used for VIRUS CULTIVATION and antitumor drug screening assays.
The level of governmental organization and function at the national or country-wide level.
A member of the p300-CBP transcription factor family that was initially identified as a binding partner for CAMP RESPONSE ELEMENT-BINDING PROTEIN. Mutations in CREB-binding protein are associated with RUBINSTEIN-TAYBI SYNDROME.
A protein serine-threonine kinase that catalyzes the PHOSPHORYLATION of I KAPPA B PROTEINS. This enzyme also activates the transcription factor NF-KAPPA B and is composed of alpha and beta catalytic subunits, which are protein kinases and gamma, a regulatory subunit.
An activating transcription factor that regulates expression of a variety of genes including C-JUN GENES and TRANSFORMING GROWTH FACTOR BETA2.
The application of mathematical formulas and statistical techniques to the testing and quantifying of economic theories and the solution of economic problems.
Federal, state, or local government organized methods of financial assistance.
Diffusible gene products that act on homologous or heterologous molecules of viral or cellular DNA to regulate the expression of proteins.
Activating transcription factors were originally identified as DNA-BINDING PROTEINS that interact with early promoters from ADENOVIRUSES. They are a family of basic leucine zipper transcription factors that bind to the consensus site TGACGTCA of the cyclic AMP response element, and are closely related to CYCLIC AMP-RESPONSIVE DNA-BINDING PROTEIN.
The parts of a macromolecule that directly participate in its specific combination with another molecule.
Private, not-for-profit hospitals that are autonomous, self-established, and self-supported.
Proteins which bind to DNA. The family includes proteins which bind to both double- and single-stranded DNA and also includes specific DNA binding proteins in serum which can be used as markers for malignant diseases.
The process in which substances, either endogenous or exogenous, bind to proteins, peptides, enzymes, protein precursors, or allied compounds. Specific protein-binding measures are often used as assays in diagnostic assessments.
A large superfamily of transcription factors that contain a region rich in BASIC AMINO ACID residues followed by a LEUCINE ZIPPER domain.
Infections caused by the HTLV or BLV deltaretroviruses. They include human T-cell leukemia-lymphoma (LEUKEMIA-LYMPHOMA, T-CELL, ACUTE, HTLV-I-ASSOCIATED).
The attitude of a significant portion of a population toward any given proposition, based upon a measurable amount of factual evidence, and involving some degree of reflection, analysis, and reasoning.
Inhaling and exhaling the smoke of burning TOBACCO.
Duplex DNA sequences in eukaryotic chromosomes, corresponding to the genome of a virus, that are transmitted from one cell generation to the next without causing lysis of the host. Proviruses are often associated with neoplastic cell transformation and are key features of retrovirus biology.
A species of DELTARETROVIRUS that includes the strains SIMIAN T-LYMPHOTROPIC VIRUS 3 and HUMAN T-LYMPHOTROPIC VIRUS 3.
Proteins found in the nucleus of a cell. Do not confuse with NUCLEOPROTEINS which are proteins conjugated with nucleic acids, that are not necessarily present in the nucleus.
A member of the p300-CBP transcription factors that was originally identified as a binding partner for ADENOVIRUS E1A PROTEINS.
A family of transcription factors found primarily in PLANTS that bind to the G-box DNA sequence CACGTG or to a consensus sequence CANNTG.
A transcription factor that takes part in the NF-kappa-B complex by interacting with NF-KAPPA B P50 SUBUNIT or NF-KAPPA B P52 SUBUNIT. It regulates GENETIC TRANSCRIPTION that is involved in immune and inflammatory responses.
A strain of PRIMATE T-LYMPHOTROPIC VIRUS 2, closely related to the human HTLV-1 virus. The clinical, hematological, and histopathological characteristics of the disease in STLV-infected monkeys are very similar to those of human adult T-cell leukemia. Subgroups include the African green monkey subtype (STLV-I-AGM), for which the nucleotide sequence is 95% homologous with that of HUMAN T-LYMPHOTROPIC VIRUS 1, and the Asian rhesus macaque subtype (STLV-I-MM), for which the nucleotide sequence is 90% homologous with that of HUMAN T-LYMPHOTROPIC VIRUS 1.
Cis-acting DNA sequences which can increase transcription of genes. Enhancers can usually function in either orientation and at various distances from a promoter.
A family of histone acetyltransferases that is structurally-related to CREB-BINDING PROTEIN and to E1A-ASSOCIATED P300 PROTEIN. They function as transcriptional coactivators by bridging between DNA-binding TRANSCRIPTION FACTORS and the basal transcription machinery. They also modify transcription factors and CHROMATIN through ACETYLATION.
A type of POST-TRANSLATIONAL PROTEIN MODIFICATION by SMALL UBIQUITIN-RELATED MODIFIER PROTEINS (also known as SUMO proteins).
Statistical models of the production, distribution, and consumption of goods and services, as well as of financial considerations. For the application of statistics to the testing and quantifying of economic theories MODELS, ECONOMETRIC is available.
An enzyme that catalyzes the acetylation of chloramphenicol to yield chloramphenicol 3-acetate. Since chloramphenicol 3-acetate does not bind to bacterial ribosomes and is not an inhibitor of peptidyltransferase, the enzyme is responsible for the naturally occurring chloramphenicol resistance in bacteria. The enzyme, for which variants are known, is found in both gram-negative and gram-positive bacteria. EC 2.3.1.28.
Within a eukaryotic cell, a membrane-limited body which contains chromosomes and one or more nucleoli (CELL NUCLEOLUS). The nuclear membrane consists of a double unit-type membrane which is perforated by a number of pores; the outermost membrane is continuous with the ENDOPLASMIC RETICULUM. A cell may contain more than one nucleus. (From Singleton & Sainsbury, Dictionary of Microbiology and Molecular Biology, 2d ed)
Specific amino acid sequences present in the primary amino acid sequence of proteins which mediate their export from the CELL NUCLEUS. They are rich in hydrophobic residues, such as LEUCINE and ISOLEUCINE.
The complex of political institutions, laws, and customs through which the function of governing is carried out in a specific political unit.
Activities concerned with governmental policies, functions, etc.
Recombinant proteins produced by the GENETIC TRANSLATION of fused genes formed by the combination of NUCLEIC ACID REGULATORY SEQUENCES of one or more genes with the protein coding sequences of one or more genes.
Decisions for determining and guiding present and future objectives from among alternatives.
A strain of PRIMATE T-LYMPHOTROPIC VIRUS 3 that is genetically similar to STLV-3.
The act of ligating UBIQUITINS to PROTEINS to form ubiquitin-protein ligase complexes to label proteins for transport to the PROTEASOME ENDOPEPTIDASE COMPLEX where proteolysis occurs.
RNA sequences that serve as templates for protein synthesis. Bacterial mRNAs are generally primary transcripts in that they do not require post-transcriptional processing. Eukaryotic mRNA is synthesized in the nucleus and must be exported to the cytoplasm for translation. Most eukaryotic mRNAs have a sequence of polyadenylic acid at the 3' end, referred to as the poly(A) tail. The function of this tail is not known for certain, but it may play a role in the export of mature mRNA from the nucleus as well as in helping stabilize some mRNA molecules by retarding their degradation in the cytoplasm.
Deoxyribonucleic acid that makes up the genetic material of viruses.
The order of amino acids as they occur in a polypeptide chain. This is referred to as the primary structure of proteins. It is of fundamental importance in determining PROTEIN CONFORMATION.
Antibodies reactive with the HTLV-I ANTIGENS.
Exercise of governmental authority to control conduct.
Any of the processes by which nuclear, cytoplasmic, or intercellular factors influence the differential control (induction or repression) of gene action at the level of transcription or translation.
PL97-248. Title II of the Act specifies "provisions relating to savings in health and income security programs." This includes changes in payment for services, benefits and premiums of Medicare as well as changes in provisions under Medicaid and other specific programs covered by Social Security. Title II includes various revenue measures.
Genes whose expression is easily detectable and therefore used to study promoter activity at many positions in a target genome. In recombinant DNA technology, these genes may be attached to a promoter region of interest.
Payment by individuals or their family for health care services which are not covered by a third-party payer, either insurance or medical assistance.
A cyclin D subtype which is regulated by GATA4 TRANSCRIPTION FACTOR. Experiments using KNOCKOUT MICE suggest a role for cyclin D2 in granulosa cell proliferation and gonadal development.
An organization of insurers or reinsurers through which particular types of risk are shared or pooled. The risk of high loss by a particular insurance company is transferred to the group as a whole (the insurance pool) with premiums, losses, and expenses shared in agreed amounts.
Glycosidic antibiotic from Streptomyces griseus used as a fluorescent stain of DNA and as an antineoplastic agent.
Extrachromosomal, usually CIRCULAR DNA molecules that are self-replicating and transferable from one organism to another. They are found in a variety of bacterial, archaeal, fungal, algal, and plant species. They are used in GENETIC ENGINEERING as CLONING VECTORS.
Decisions, usually developed by government policymakers, for determining present and future objectives pertaining to the health care system.
A component of NF-kappa B transcription factor. It is proteolytically processed from NF-kappa B p100 precursor protein and is important for maturation of B-LYMPHOCYTES and adaptive HUMORAL IMMUNITY.

Decline in cigarette consumption following implementation of a comprehensive tobacco prevention and education program--Oregon, 1996-1998. (1/368)

In November 1996, residents of Oregon approved a ballot measure increasing the cigarette tax by 30 cents (to 68 cents per pack). The measure stipulated that 10% of the additional tax revenue be allocated to the Oregon Health Division (OHD) to develop and implement a tobacco-use prevention program. In 1997, OHD created Oregon's Tobacco Prevention and Education Program (TPEP), a comprehensive, community-based program modeled on the successful tobacco-use prevention programs in California and Massachusetts. To assess the effects of the tax increase and TPEP in Oregon, OHD evaluated data on the number of packs of cigarettes taxed before (1993-1996) and after (1997-1998) the ballot initiative and implementation of the program. Oregon's results also were compared with national data. This report summarizes the results of the analysis, which indicate that consumption of cigarettes in Oregon declined substantially after implementation of the excise tax and TPEP and exceeded the national rate of decline.  (+info)

The impact of alternative cost recovery schemes on access and equity in Niger. (2/368)

The authors examine accessibility and the sustainability of quality health care in a rural setting under two alternative cost recovery methods, a fee-for-service method and a type of social financing (risk-sharing) strategy based on an annual tax+fee-for-service. Both methods were accompanied by similar interventions aimed at improving the quality of primary health services. Based on pilot tests of cost recovery in the non-hospital sector in Niger, the article presents results from baseline and final survey data, as well as from facility utilization, cost, and revenue data collected in two test districts and a control district. Cost recovery accompanied by quality improvements increases equity and access to health care and the type of cost recovery method used can make a difference. In Niger, higher access for women, children, and the poor resulted from the tax+fee method, than from the pure fee-for-service method. Moreover, revenue generation per capita under the tax+fee method was two times higher than under the fee-for-service method, suggesting that the prospects of sustainability were better under the social financing strategy. However, sustainability under cost recovery and improved quality depends as much on policy measures aimed at cost containment, particularly for drugs, as on specific cost recovery methods.  (+info)

Financial and organizational determinants of hospital diversification into subacute care. (3/368)

OBJECTIVE: To examine the financial, market, and organizational determinants of hospital diversification into subacute inpatient care by acute care hospitals in order to guide hospital managers in undertaking such diversification efforts. STUDY SETTING: All nongovernment, general, acute care, community hospitals that were operating during the years 1985 through 1991 (3,986 hospitals in total). DATA SOURCES: Cross-sectional, time-series data were drawn from the American Hospital Association's (AHA) Annual Survey of Hospitals, the Health Care Financing Administration's (HCFA) Medicare Cost Reports, a latitude and longitude listing for all community hospital addresses, and the Area Resource File (ARF) published in 1992, which provides county level environmental variables. STUDY DESIGN: The study is longitudinal, enabling the specification of temporal patterns in conversion, causal inferences, and the treatment of right-censoring problems. The unit of analysis is the individual hospital. KEY FINDINGS: Significant differences were found in the average level of subacute care offered by investor-owned versus tax-exempt hospitals. After controlling for selection bias, financial performance, risk, size, occupancy, and other variables, IO hospitals offered 31.3 percent less subacute care than did NFP hospitals. Financial performance and risk are predictors of IO hospitals' diversification into subacute care, but not of NFP hospitals' activities in this market. Resource availability appears to expedite expansion into subacute care for both types of hospitals. CONCLUSIONS: Investment criteria and strategy differ between investor-owned and tax-exempt hospitals.  (+info)

State and federal revenues from tobacco consumed by minors. (4/368)

OBJECTIVES: The purpose of this study was to estimate the value of cigarettes consumed in 1997 by youths younger than 18 years. METHODS: Price, population, and consumption data were used to compute conservative and comprehensive estimates, which were then averaged. RESULTS: An estimated 3.76 million daily smokers aged 12 through 17 years consume an estimated 924 million packs of cigarettes per year, generating $222 million in federal tax revenues, $293 million in state tax revenues, and $480 million in tobacco company profits, and producing a retail value of $1.86 billion. CONCLUSIONS: The revenues from cigarettes smoked by youths could be used to enforce laws prohibiting the sale of tobacco to minors.  (+info)

Arizona's tobacco control initiative illustrates the need for continuing oversight by tobacco control advocates. (5/368)

BACKGROUND: In 1994, Arizona voters approved Proposition 200 which increased the tobacco tax and earmarked 23% of the new revenues for tobacco education programmes. OBJECTIVE: To describe the campaign to pass Proposition 200, the legislative debate that followed the passage of the initiative, and the development and implementation of the tobacco control programme. DESIGN: This is a case study. Data were collected through semi-structured interviews with key players in the initiative campaign and in the tobacco education programme, and written records (campaign material, newspapers, memoranda, public records). RESULTS: Despite opposition from the tobacco industry, Arizonans approved an increase in the tobacco tax. At the legislature, health advocates in Arizona successfully fought the tobacco industry attempts to divert the health education funds and pass preemptive legislation. The executive branch limited the scope of the programme to adolescents and pregnant women. It also prevented the programme from attacking the tobacco industry or focusing on secondhand smoke. Health advocates did not put enough pressure at the executive branch to force it to develop a comprehensive tobacco education programme. CONCLUSIONS: It is not enough for health advocates to campaign for an increase in tobacco tax and to protect the funds at the legislature. Tobacco control advocates must closely monitor the development and implementation of tax-funded tobacco education programmes at the administrative level and be willing to press the executive to implement effective programmes.  (+info)

Capital finance and ownership conversions in health care. (6/368)

This paper analyzes the for-profit transformation of health care, with emphasis on Internet start-ups, physician practice management firms, insurance plans, and hospitals at various stages in the industry life cycle. Venture capital, conglomerate diversification, publicly traded equity, convertible bonds, retained earnings, and taxable corporate debt come with forms of financial accountability that are distinct from those inherent in the capital sources available to nonprofit organizations. The pattern of for-profit conversions varies across health sectors, parallel with the relative advantages and disadvantages of for-profit and nonprofit capital sources in those sectors.  (+info)

Tax subsidies for health insurance: costs and benefits. (7/368)

The continued rise in the uninsured population has lead to considerable interest in tax-based policies to raise the level of insurance coverage. Using a detailed microsimulation model for evaluating these policies, we find that while tax subsidies could significantly increase insurance coverage, even very generous tax policies could not cover more than a sizable minority of the uninsured population. For example, a generous refundable credit that costs $13 billion per year would reduce the ranks of the uninsured by only four million persons. We also find that the efficiency of tax policies, in terms of the cost per newly insured, inevitably would fall as more of the uninsured were covered.  (+info)

The effect of marginal tax rate on the probability of employment-based insurance by risk group. (8/368)

RESEARCH OBJECTIVE: To evaluate the effect of the tax subsidy on participation in employment-based health insurance for high- and low-risk individuals. The total exclusion of employer-paid health insurance premiums from taxable income has frequently been seen as contributing to excess insurance and hence welfare loss. However, less attention has been paid to quantifying the extent to which the tax subsidy mitigates the deleterious effects of adverse selection on the health insurance market. Adverse selection reduces pooling in an insurance market, so that high-risk individuals are either unable to obtain coverage or are forced to pay premiums that are unaffordable to all but the wealthiest. If there is an external benefit to society of an individual's purchase of medical care, then the presence of adverse selection may reduce the purchase of health care below the socially optimal level. Therefore, a mechanism for enhancing access to insurance and ultimately to medical care for high-risk individuals may be socially desirable. STUDY DESIGN: Data from the March 1996-March 1998 Current Population Survey (CPS). For each observation in the sample, state and federal income tax liability is calculated using code based on the ACIR Significant Features of Fiscal Federalism. The probability of having employment-based coverage in either one's own name or as a dependent is evaluated as a function of demographic variables such as age, education, marital status and family size, family income, type of employment, employer size, occupation, location, marginal tax rate, risk group (determined by self-assessed health status), and an interaction between risk group and tax rate. CPS data do not identify individuals who have declined offered coverage. Under alternative models of employer group decision making, the tax subsidy will have an important influence on the employer's decision to offer coverage. If offered, high-risk individuals accept coverage, while some low-risk individuals may decline coverage. PRINCIPAL FINDINGS: For all individuals, the probability of having coverage is an increasing function of the marginal tax rate. Those classified as high-risk because their own or a family member's self-assessed health status is fair or poor are less likely to have coverage than those considered low-risk. The effect of the tax subsidy on insurance coverage is greater for high-risk individuals than for individuals classified as low-risk. CONCLUSIONS: These preliminary results indicate that high-risk individuals benefit from the tax subsidy by increased access to employment-based coverage. Therefore, welfare loss from excess levels of health insurance may be mitigated by welfare gain through expanded access to health insurance and hence to health care for high-risk individuals. IMPLICATIONS FOR POLICY, DELIVERY, OR PRACTICE: Elimination or reduction of the tax exclusion of health insurance premiums may have the unintended consequences of disproportionately reducing the probability of obtaining coverage in the employment-based market for high-risk individuals.  (+info)

heard from ordinary people on the radio. Everyone, it seems, claims to pay a higher federal tax rate than Mr. Romney. Typical was a person interviewed in a news report who stated I pay 28% in taxes and have trouble every month making my rent.. Listening to people comment on their own tax rates left me with two impressions. I couldnt help but feel that most, if not all, of the people I heard were severely overestimating their own effective federal tax rates, and I suspected that most people did not understand the difference between effective tax rate and marginal tax rate. I also saw an opportunity to fire up Analytica to explore the relationship between the two concepts.. Before proceeding, I should disclaim that I am not an accountant or lawyer, or in any way certified to give tax advice. Nothing I am discussing here should be construed as tax advice. Yada yada yada.. Your effective tax rate is simply the amount of tax you pay divided by your total income. Your marginal tax rate in percent ...
By the 1990s, economists had largely established that higher cigarette prices were associated with lower smoking prevalence and reduced consumption.1, 2 Since then, cigarette excise taxes have been widely proposed as a tobacco control policy tool, to encourage quitting, reduce consumption among remaining smokers, and decrease smoking initiation. This policy tool, however, included a caveat: raising cigarette prices above those from out-of-state sources creates an incentive for individual smokers to purchase cigarettes from lower or non-taxed sources-that is, individual tax avoidance3, 4-and also introduces the potential for increased crime as a result of organised smuggling. If a cigarette excise tax increase stimulates casual and organised smuggling activities, states may lose tax revenues without necessarily reducing smoking.. In 1999, California became a high profile testing ground for these potentially conflicting effects when it implemented a $0.50/pack voter approved cigarette tax ...
WITNESS LIST Ways & Means Committee February 17, 2005-10:30A Alcohol & Cigarette Taxes On: Haire, Jim (Self) Alcohol Tax on Wine On: Constable, Les (Texas Wine and Grape Growers Association) Alcohol Taxes On: Jackson, Richie (Texas Restaurant Association) McKinney, Mike (Self and Wholesale Beer Distributors of Texas) Wolfe, Tracey (Self) Alcohol Bev. Tax On: Szyndrowski, Dale (Distilled Spirits Council of U.S.) Alcohol Taxes On: Steen, Allan (TABC - Administrator) Cigarette and OTP Tax On: Ross, Shon (Self and National Association of Tobacco Outlets) Cigarette Tax On: Byram, Anderson (Citigroup Global Markets) Haddon, James F. (Citigroup) Cigarette Tax Increase On: Bacchi, MD, Donna (American Heart Association) Cigarette Taxation On: Orzechowski, Bill (R.J. Reynolds Tobacco Company) GasTax On: Lehman, Mark (Texas Association of Realtors) Motor Fuels Tax On: Nichols, Robert (Texas Transportation Commission) Olsen, Lawrence (Texas Good Roads/Trans. Assn.) State Excise Taxes On: New, Alvin (Texas ...
The tax rate for the City of Highland Village for FY 2015-2015 budget has been set at just under 60 cents per $100 of assessed valuation.. At an August 11 meeting, the city council voted to adopt the ad valorem tax rate unanimously. Public hearings will be held on August 25 and September 8 for input on the rate and proposed budget.. Highland Villages tax rate has not changed since 200. Assessed valuations have increased by 6.9 percent.. The City of Highland Village ad valorem tax rate has remained unchanged since 2000. Assessed valuations came in at a 6.9 percent increase The proposed base General Fund Budget expenditures total $15.3 million, a 5.2 percent increase over last year. A supplemental budget is also included totaling $1,876,850.. Public safety and a street overlay project for Highland Village Road make up the majority of the supplemental budget.. Public safety is prominent in the budget this year, with items included to provide efficiency and accuracy in response and service ...
Several studies have examined the effects of state cigarette tax increases on youth substance use over the 1990s, with most -- but not all -- finding that higher taxes reduce youth consumption of tobacco. We advance the literature by using data from the 1991-2005 waves of the national Youth Risk Behavior Surveys (YRBS), providing information on over 100,000 high school age youths. We also are the first to make use of hundreds of independently fielded state and local versions of the YRBS, reflecting data from over 750,000 youths. Importantly, these data are to our knowledge the only sources of relevant information on youth smoking that were explicitly designed to be representative of the sampled state or locality. We estimate two-way fixed effects models of the effect of state cigarette taxes on youth smoking, controlling for survey demographics and area and year fixed effects. Our most consistent finding is that -- contrary to some recent research -- the large state tobacco tax increases of the ...
You learn something new at every Nuremberg Toastmasters meeting. Speaking on the 6th August Gernot talk us through the concept of Price Elasticity of Demand. Below is a short summary of Price Elasticity written by Gernot. Price Elasticity - Many companies want to maximize their revenues. Once it comes to the price policy they have Read more about Speech : Price Elasticity[…]. ...
Brigham City strives to maintain fiscal responsibility by balancing the needs for public services with a conservative approach to taxation. Tax rates in Brigham City compare favorably with rates in Utah and elsewhere. The following table lists property tax rates and sales and use tax rates applicable in Brigham City. Additional information regarding taxation in Utah can be obtained from the Utah State Tax Commission.. ...
Princeton City Council this week approved a property tax rate of 68.989 cents per $100 assessed property valuation for 2017 and fiscal year 2017-18 budget of $22.75 million.. The council met Monday, Sept. 11, at City Hall.. Because of rising property values, although the number is unchanged, the new tax rate is an increase from 2016. To nullify an increase in tax bills for existing property, the council would have had to adopt the effective rate of 59.2841 cents. The rollback rate this year is 68.989, equal to the adopted rate.. Property taxes will raise $939,982 more revenue than they generated last year, of which $496,219 is from new property added to the tax roll. Total property tax revenue is estimated at $3.9 million.. The property tax rate was approved unanimously on a motion by Mayor pro tem Rich Hooper, seconded by Nathan Council, Place 4.. By Joe Reavis • Staff Writer • [email protected]. For the full story see the Sept. 14 issue or subscribe online.. ...
AN 96(9), Suspension Of Policy Statement On Alcoholic Beverages Tax Rates For Wine Coolers And Cider Abstract: AN 96(9)Suspension Of Policy Statement On Alcoholic Beverages Tax Rates For Wine Coolers And CiderPURPOSE: This Announcement informs taxpayers, tax practitioners and Department of Revenue Services employees that PS 96(9), Alcoholic Beverages Tax Rates for Wine Coolers and Cider, issued by the Department on August 14, 1996, has been suspended and will not be implemented on November 1, 1996. ...
The no-new-revenue (NNR) tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate that would produce the same amount of revenue if applied to the same properties that are taxed in both years (no new taxes). When appraisal values increase, the NNR tax rate should decrease. ...
A person earning $100,000 in Sweden has 37.5% of it deducted as income tax, according to an annual survey of effective tax rates by KPMG, an accounting firm. Swedens income-tax rates are among the worlds highest, but the addition of social-security contributions means that people earning this sum in Slovenia, India or Italy take home an even smaller share of their gross earnings. Slovenias government deducts almost 55% from earnings of $100,000. Social-security levies eat up a chunky 22% of earnings at that level in France, but low income taxes bring the total take, at 36%, into line with that in other rich nations. Switzerlands effective tax rate on the fairly well-off is one of the lowest in the world.. This article appeared in the Economic & financial indicators section of the print edition under the headline Effective tax rates ...
Recent legalizations of cannabis at the state level in the United States have given rise to renewed interest in the price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced data on prices, qualities, and consumption of cannabis across regional markets in the United States to estimate the price elasticity of demand for cannabis. We use distances from growing areas to the major markets as a proxy for cost variations. We obtain an estimate of the price elasticity of demand for cannabis of -0.418, which suggests that legalizing and taxing recreational cannabis use would be lucrative for government treasuries.------------------------------------Las recientes legalizaciones del cannabis a nivel estatal en los Estados Unidos han dado lugar a un renovado interés en la elasticidad en los precios de la demanda de cannabis y sus implicaciones en los ingresos por impuestos estatales y sobre ingresos por ventas. Utilizamos datos en ...
The higher the price elasticity of demand, the lower the sensitivity of market price to shifts of the supply curve. Thus, for necessity goods (such as staple foods and, in the case of petroleum-dependent societies, petroleum products), which have a low price elasticity of demand, the market price is much more sensitive to shifts in supply. In particular, a small supply shock can cause a significant increase in price. The main explanation for this massive shift is that, because of the relative inelasticity of demand to price, the price needs to be increased significantly to induce people to cut down on demand in order to compensate for the reduction in supply. In contrast, for non-essential goods, which generally have a high price elasticity of demand, supply shifts do not generally lead to significant price changes, because small (fractional) changes in price are sufficient to induce buyers to cut back on demand. ...
Using panel data from a period of water rate reform, this paper estimates the price elasticity of irrigation water demand. Price elasticity is decomposed into the direct effect of water management and the indirect effect of water price on choice of output and irrigation technology. The model is estimated using an instrumental variables strategy to account for the endogeneity of technology and output choices in the water demand equation. Estimation results indicate that the price elasticity of ...
A definition and the formula Again, the key word is responsiveness, but this time we need to find out how responsive supply is to a given price change (rather than demand). Unsurprisingly, the formula used is very similar to the others in structure: /**/ Where: Es = The price elasticity of supply Δ = change in Qs = Quantity supplied P = Price Using the formula I do not want to dwell on this for two reasons. First, there are far fewer questions in examinations focused on the price elasticity of supply. Examiners prefer demand, where one can analyse the affects on the revenues on the firm in question (see the Learn-It on the Price elasticity of demand). Secondly, the way in which one uses this formula is exactly the same as the way in which one uses the formula for the price elasticity of demand. Try the following examples to check that you agree with me. Click on the appropriate button to reveal the answers. /**/The market price for apples rises from 50p per lb to
In contrast to traditional methods the elasticity is derived from bilateral price elasticities which relate the net share of switchers between two health insurers not only to their premium difference but also to the market share and premium of the higher priced health insurer. Our new method explains the annual variation in the Dutch market share data better than the traditional methods.. We find in the Dutch social health insurance for the period 1996-2005 rather low negative annual price elasticities ranging between 1 and 0. In that period stickiness of insurer choices was high and less than 5% of the population switched annually from health insurer. This result, however, was in sharp contrast with an exceptional high price elasticity of 7 for the year 2006, where after a major health care reform about 18% of the population switched mostly to lower priced health insurers. Besides large media coverage, one important difference with previous years was that many consumers holding an individual ...
TY - JOUR. T1 - Global production sharing and the measurement of price elasticity in international trade. AU - Athukorala, Premachandra. AU - Khan, Fahad. PY - 2016. Y1 - 2016. N2 - The implications of global production sharing for the measurement of price elasticity in international trade is examined using a unique dataset relating to manufacturing imports of the USA. There is strong evidence that parts and components, which account for a growing share of manufacturing trade, are remarkably less sensitive to changes in relative prices compared to final goods. This finding casts doubt on the conventional approach to trade flow modelling that treats parts and components and finals goods as a unified product.. AB - The implications of global production sharing for the measurement of price elasticity in international trade is examined using a unique dataset relating to manufacturing imports of the USA. There is strong evidence that parts and components, which account for a growing share of ...
Supply Demand and Price Elasticity essay writing service, custom Supply Demand and Price Elasticity papers, term papers, free Supply Demand and Price Elasticity samples, research papers, help
26. The most important determinant of price elasticity of supply is (Points: 1) price elasticity of demand technological - Answered by a verified Tutor
Tuesday, July 7, 2015. The World Health Organisation has urged governments around the world to increase taxes on cigarettes and other tobacco products to save lives. Tobacco kills approximately 60 lakh people annually, 20% of them live in the South-East Asia region, including India. The region also accounts for 25% of the worlds smokers and almost 90% of smokeless tobacco users. Dr Poonam Khetrapal Singh, regional director, WHO South-East Asia Region, on Tuesday said stronger initiatives and focused cessation efforts were required. Improved tax measures, stronger law enforcement and enhanced cessation efforts are urgently needed in the region to protect people against the ill-effects of tobacco which continues to be a major public health issue, she said. WHO released a report on the Global Tobacco Epidemic, 2015, on Tuesday. Recent estimates show that there are about 24.6 crore smokers and 29 crore smokeless tobacco users in the region. ...
Health, ... National Poll Finds Voters Prefer Tobacco Tax to Other Tax Increase... WASHINGTON Fe...(Logo: a onClick var ss_gi(s_account);s.linkTrackVarsprop5eVar3...The report comes as states grapple with unprecedented budget shortfall...,New,Report:,$1,Cigarette,Tax,Increase,Would,Raise,$65.3,Million,for,Iowa,and,Cut,Youth,Smoking,medicine,medical news today,latest medical news,medical newsletters,current medical news,latest medicine news
Download the current cigarette excise tax rates on packs of cigarettes slides. These slides are available in PowerPoint format ...
Anchorage Municipal Code (AMC) Chapter 12.40 authorizes the collection of excise tax on cigarettes and other tobacco products. The tax on cigarettes is a mill rate per cigarette and the tax on other tobacco products is a percentage of the wholesale price. The cigarette mill rate is recomputed each year, with a new rate effective on January 1. Persons who bring cigarettes and other tobacco products into the Municipality are required to register with the Treasury Division.. Note: You will need Acrobat Reader to view .pdf documents, click here to download the latest version from Adobe.. ...
How Do Prices of Manufactured Cigarettes and Roll-Your-Own Tobacco Affect Demand for these Products? (Regional Study 1; 2020). In this research, price elasticities of two tobacco products MC and RYO are analysed by examining cross-country variation in prices and tobacco consumption and controlling for other relevant characteristics. Therefore, estimated elasticities are cross-country and more specifically, across s-regions within the countries studied. These elasticities indicate if differences in smoking prevalence and/or intensity depend on the differences in prices of MC and RYO.. Tobacco Price Elasticity un Southestern Europe - download here.. ...
We found that almost all licit cigarettes in Malaysia were purchased for an amount greater than the minimum price both before and after the MPL was passed. On the other hand, the overwhelming majority of illicit cigarettes were sold below the minimum price both before and after the MPL was passed. The evidence from the ITC Survey indicates that the MPL in Malaysia probably did not have a substantial impact on the prices of cigarettes. Prices of licit cigarettes rose in line with excise tax increases between waves 4 and 5, that is, during the time when the MPL was adopted, while illicit cigarette prices remained flat. We hypothesise that any observed licit cigarette price increases were at least in part attributable to specific excise tax increases and not due to the MPL, given that most licit cigarettes were above the minimum price before the policy went into effect. Our study cannot directly address this hypothesis, and we believe that further research should be conducted.. The Malaysian MPL ...
Tax increases on tobacco products that result in price increases are widely considered the single most effective intervention to reduce tobacco use. Although tobacco is addictive, users nonetheless respond to price increases by reducing the amount they consume or by quitting altogether. Because youth are particularly price-sensitive, tobacco tax increases are also effective in preventing youth from starting to smoke. Research shows that a 10% increase in price results in a 4% drop in total consumption in higher income countries and a 6-8% decline in lower income countries.. ...
Fiscal Cliff Package Maintains Parity Between Dividend and Capital Gains Tax Rates - Fiscal Cliff Package Maintains Parity Between Dividend and Capital Gains Tax Rates Utilities Now Focus on Comprehensive Tax Reform in 2013 WASHINGTON DC On Tuesda...
This paper presents a model of optimal labor income taxation where top incomes respond to marginal tax rates through three channels: (1) standard labor supply, (2) tax avoidance, (3) compensation bargaining. We derive the optimal top tax rate formula as a function of the three corresponding behavioral elasticities. The first elasticity (labor supply) is the sole real factor limiting optimal top tax rates. The optimal tax system should be designed to minimize the second elasticity (avoidance) through tax enforcement and tax neutrality across income forms. The optimal top tax rate increases with the third elasticity (bargaining) as bargaining efforts are zero-sum in aggregate. We provide evidence using cross-country times series macro-evidence and CEO pay micro-evidence. The macro-evidence from 18 OECD countries shows that there is a strong negative correlation between top tax rates and top 1% income shares since 1960, implying that the overall elasticity is large. However, top income share ...
Downloadable (with restrictions)! This paper critically surveys the large and growing literature estimating the elasticity of taxable income with respect to marginal tax rates using tax return data. First, we provide a theoretical framework showing under what assumptions this elasticity can be used as a sufficient statistic for efficiency and optimal tax analysis. We discuss what other parameters should be estimated when the elasticity is not a sufficient statistic. Second, we discuss conceptually the key issues that arise in the empirical estimation of the elasticity of taxable income using the example of the 1993 top individual income tax rate increase in the United States to illustrate those issues. Third, we provide a critical discussion of selected empirical analyses of the elasticity of taxable income in light of the theoretical and empirical framework we laid out. Finally, we discuss avenues for future research. ( JEL H24, H31, J22)
Look up 2021 sales tax rates for North Adams, Massachusetts, and surrounding areas. Tax rates are provided by Avalara and updated monthly.
The ability of some major U.S. corporations to avoid domestic taxes by setting up subsidiaries in offshore tax haven countries has gotten a lot of attention of late. But not every company can pull that off. A recent New York Times analysis found that for every Apple, with its 14 percent tax rate on $135 billion in earnings (that comes to a tax bill of just less than $19 billion), theres a KeyCorp, with its 150 percent effective tax rate on $1.33 billion in earnings, resulting in $1.99 billion taxes paid. The newspaper put the corporate tax data into a...
Not sure why this is not working for me. I need to enter different tax rates for CANADIAN PROVINCES. The tax rate for US States would be zero. It would seem the...
Downloadable! A conjecture of Laffer, which had considerable influence on fiscal doctrine, is that tax revenues of a Leviathan state eventually decrease when the tax rate exceeds a threshold value. We conduct a real effort experiment, in which a worker is matched with a non-working partner, to elicit the conditions under which a Laffer curve can be observed. We ran four different treatments by manipulating work opportunities and the power to tax. In the endogenous treatment, the non-working partner chooses a tax rate among the set of possibilities and receives the revenue generated by her choice and the workers effort response to this tax rate. In the exogenous treatment, the tax rate is randomly selected by the computer and the non-working partner merely receives the revenue from taxes. The Laffer curve phenomenon cannot be observed in the exogenous treatments, but arises in endogenous treatments. Tax revenues are then maximized at a 50% tax rate. We demonstrate that an efficiency tax model (with
Vote Smart provides free, unbiased, in-depth information about current officials, candidates, issues, legislation, and voting. Non-partisan and nonprofit since 1988.
Vote Smart provides free, unbiased, in-depth information about current officials, candidates, issues, legislation, and voting. Non-partisan and nonprofit since 1988.
The tobacco tax applies to all tobacco products sold at retail in Québec. Retailers must therefore collect the tobacco tax on every sale of tobacco products, but the tax may not be shown on your receipt.. The rate of the tobacco tax varies depending on the type of tobacco product. For the rates in effect, refer to the Tobacco Tax Rate Table (TA-1-V). ...
Journal of Public Economics 88 (2004) Tax incidence when individuals are time-inconsistent: the case of cigarette excise taxes Jonathan Gruber a, *, Botond Ko}szegi
The tobacco excise tax is levied on tobacco products and substitutable products ready for consumption that are commercially produced domestically or imported.. For tobacco products produced domestically, the manufacturer is liable for taxation. Tax liabil-ity arises as soon as the products are packaged and ready for distribution to the consumer.. For imported tobacco products , the person subject to customs duty is liable for taxation. Tax liability arises at the time the products enter free circulation under customs law.. Please refer to the fact sheets on the commercial import of cigarettes, cigars, cut tobacco, and chewing tobbacco and snuff. Information is also available on the legal foundations, the excise tax rates, and direct contacts.. ...
Elasticity of demand is mainly useful in Pricing Decisions by Business Firms. The business firms take into account the price elasticity of demand when they take decisions regarding pricing of the goods. This is because change in the price of a product will bring about a change in the quantity demanded depending upon the coefficient of price elasticity. This change in quantity demanded as a result of, say a rise in price by a firm, will affect the total consumers expenditure and will therefore, and affect the revenue of the firm. If the demand for a product of the firm happens to be elastic, then any attempt on the part of the firm to raise the price of its product will bring about a fall in its total revenue. Thus, instead of gaining from the increase in price, it will lose if the demand for its product happens to be elastic. On the other hand, if the demand for the product of a firm happens to be inelastic, then the increase in price by it will raise total revenue. Therefore, for fixing a ...
Once again, its SCCA® election season. This year, four of the 13 designated Areas will be selecting members to the Board of Directors.. Board members serve a three-year term. Ballots are mailed to addresses on record with the SCCA office for those in Areas with an upcoming election. Per SCCA policy, areas without contested elections will not receive ballots and be recorded as a 1-0 election.. Ballots should arrive soon in some mailboxes, but please allow at least a week for ballots to be delivered. Instructions are included with the ballot. Completed ballots should NOT be returned to the SCCA office. Instead, votes will be tallied by Mize Houser & Company. A postage paid return envelope is included with the ballot for your convenience.. If you feel you did not receive a ballot and should have, please contact SCCA Member Services at 800-770-2055. Again, please give time for those ballots to come through the mail before calling Member Services. Ballots must be returned to Mize Houser & Company ...
Its no secret that there has been a shift in shopping behavior due to growth in millennial spending power, aging of baby boomers and the growth of online shopping. These changes are impacting pricing and demand, and are creating a disconnect for retailers and brands between what theyre charging and how much consumers will actually spend. First Insight recently released a study, Decoding Price Elasticity to Unlock Revenue and Minimize Risk, which examines how retailers can best price a category to meet demand while protecting margins and avoiding excess inventory.. Source: Total Retail Read Full Story: Price Elasticity. ...
What We Did: We used manufacturing analytics to develop a pricing analysis framework to identify the impact of change in price of a product on its demand to improve promotion effectiveness for a leading food manufacturer.. The Impact We Made: With the pricing analysis framework, the client was able to design multiple trade promotions for retailers, which led to 8% increment in sales volume.. Summary - Price elasticity of demand model. Being a food manufacturer, it is imperative for the client to optimally price their products within or outside promotions to sustain demand. The client used to purchase pricing analysis from a third party vendor. This was proving to be an expensive affair and the client saw a need to have an in-house team to be able to do it accurately and in a scalable fashion. Mu sigma team enabled the client with the price elasticity exercise at brand / consumer segment level to achieve the required outcome.. About The Client - Large CPG company. The client is a leading food ...
Food manufacturers have warned of a 0.5-percent contraction in the gross domestic product (GDP) and the loss of jobs if the plan to slap a P10 per liter excise tax on sugar-sweetened drinks is approved in Congress as part of the Duterte administrations first tax reform package.. Citing a University of Asia and the Pacific study titled An Economic Impact Study of the Sugar-Sweetened Beverage bill on the Beverage Industry in the Philippines published last year, the Philippine Chamber of Food Manufacturers Inc. said that if House Bill No. 292 authored by Nueva Ecija Rep. Estrellita Suansing would be approved, the beverage industry is forecasted to lose almost 44 percent of its volume because of the tax ...
One method that Toyota can consider is using the price elasticity of demand to determine whether to increase or decrease the sale price of their automobiles. The responsiveness or sensitivity of consumers to a price change is measured by a products price elasticity of demand (McConnell & Brue, ).
Interesting article on price elasticity when firms sell to other firms. If changes in prices do not affect demand, then price elasticity is not helpful in setting the profit maximizing price ...
MaximRMS has greatly enhanced the price elasticity capabilities within the MVE(TM).. Dynamic Price Elasticity capabilities identify and focus on true competitors for each situation and take advantage of competitor rate changes and variations in demand.. Leveraging rate shop data, the totels own customer response to changes in rates by your hotel or your competitors, and competitive forward demand data, MaximRMS determines both. ...
Types of Price Elasticity of Demand Price elasticity of demand is a term in economics often used when discussing price sensitivity. In other words, the pri
The Personal Income Tax Rate in Rwanda stands at 30 percent. Personal Income Tax Rate in Rwanda averaged 30.00 percent from 2006 until 2016, reaching an all time high of 30.00 percent in 2007 and a record low of 30.00 percent in 2007. In Rwanda, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Rwanda. This page provides - Rwanda Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Confused by the fight between Greg Mankiw and Brad DeLong over whether or not we should cut the corporate tax rate? Well, this is likely to confuse you even more: Steve Waldman has a great evisceration of Mankiws arguments - and then proceeds to say that cutting the corporate tax rate is a great idea, and such a tax cut should be paid for by increasing the highest marginal tax rate, or better yet, by creating a new top tax bracket. I dont get it. I have one big reason for not supporting a decrease in the corporate tax rate, which is that the bigger the gap between the corporate tax rate and the top marginal income tax rate, the more top-earning individuals will figure out a way of turning themselves into corporations. In other words, a cut in the corporate tax rate is a cut in the income tax rate, even if you hike income taxes at the same time. Do we really want a world where corporations dont have highly-paid employees, but rather outsource key managerial functions to sole proprietorships? ...
Spokane County Second Half 2020 Property Taxes were Due December 31st. total local sales tax rate in Spokane County, WA The Washington state sales tax rate is currently 6.5%. Motor vehicle sales/leases tax. local government tax offices for the latest official city, county, and was also The Spokane County Courthouse pictured in 2019. Local Sales and Use Tax Addendum. P.t.b.a, which appertains to zip codes 99218, 99228 and 99251. The 2018 United States Supreme Court decision in … 2020 rates included for use while preparing your income tax deduction. The Spokane County Treasurers Office offers many convenient ways to pay your taxes. This is the total of state and county sales tax rates. Spokane County Sales Tax Rates (PDF) Spokane County Sales Tax Breakdown (PDF) Sales Tax Descriptions (PDF) Maps of Sales Tax Rates Sales tax rate/location code for place of sale as defined by the Washington State Department of Revenue. 2020 Spokane County sales tax Exact tax amount may vary for different items ...
Tyler Nottberg, the CEO of U.S. Engineering and a board member of the Alliance for Childhood Education, urged the campaign to keep its message simple but broad.. There is a huge opportunity for a larger vision, he said. This is an economic development issue.. The Alliance for Childhood Education, a coalition of Kansas and Missouri business leaders, is teaming with the St. Louis-based Missouri Wonk political research and analysis firm to support the tobacco tax campaign.. The campaign completed a round of surveys this fall and will be carrying out community meetings throughout the state into February, then knuckle down and determine the policies that will underlie the ballot initiative.. The working plan is eyeing a 50-cent increase as the optimum amount voters would support.. The campaign expects it will ask voters to approve a statutory increase rather than seek a constitutional amendment, Brower said.. The surveys show voters are more comfortable changing laws than changing the state ...
The Tobacco Free Project of the San Francisco Department of Public Health (SFTFP) is one of the local lead agencies (LLAs) designated by the California State legislature through the California Department of Health, Tobacco Control Section, to create tobacco education programs and receive Proposition 99 educational moneys. Proposition 99 was a California statewide referendum passed in 1988 that raised the excise tax on tobacco sales, adding an additional 25-cent tax on each package of cigarettes and a proportional tax increase on other tobacco products. This tax raised Californias tobacco tax to be among the highest in the United States, and designated that a portion of the tax moneys would go for anti-tobacco health education projects. As an LLA, SFTFP coordinates local tobacco education activities. It serves as an oversight and regranting agency, contracting with numerous local institutions and organizations to create tobacco education and intervention programs that will reach different ...
Raising prices through taxation on tobacco and alcohol products is a common strategy to raise revenues and reduce consumption. However, taxation policies are product specific, focusing either on alcohol or tobacco products. Several studies document interactions between the price of cigarettes and general alcohol use and it is important to know whether increased cigarette prices are associated with varying alcohol drinking patterns among different population groups. To inform policymaking, this study investigates the association of state cigarette prices with smoking, and current, binge, and heavy drinking by age group. The 2001-2006 Behavioral Risk Factor Surveillance System surveys (n = 1,323,758) were pooled and analyzed using multiple regression equations to estimate changes in smoking and drinking pattern response to an increase in cigarette price, among adults aged 18 and older. For each outcome, a multiple linear probability model was estimated which incorporated terms interacting state cigarette
Index[6666 44]/Info 6665 0 R/Length 117/Prev 326717/Root 6667 0 R/Size 6710/Type/XRef/W[1 3 1]>>stream If your business is located in a self-collected jurisdiction, you must apply for a sales tax account with that city. NOTE: Food used by a business or commercial entity, such as coffee or bottled water served to customers or employees, is subject to state sales tax. Tax Rate Changes / Modifications. Colorado has recent rate changes (Wed Jan 01 2020). There are approximately 866 people living in the Crestone area. Cost/Price before ST: $104.67. Groceries and prescription drugs are exempt from the Colorado sales tax; Counties and cities can charge an additional local sales tax of up to 7.1%, for a maximum possible combined sales tax of 10% Tax is remitted on the DR 0100, Retail Sales Tax Return. Explore data on Colorados income tax, sales tax, gas tax, property tax, and business taxes. Every 2020 combined rates mentioned above are the results of Colorado state rate (2.9%), the county rate (0% ...
Singapore is a leading example of a country that maintains low corporate income tax rates. It also introduces various tax incentives to attract and keep business and multinational global investments.. Singapore has a single-tier based flat-rate corporate income tax system. It has a territorial tax system so only Singapore derived income is taxable. The Corporate tax rate is kept at a competitive level, benchmarked and kept in line with neighbours like Hong Kong. Tax now has been reduced from 20% to just 17%. The effective rate is normally lower than this headline tax rate due to applicable tax exemptions and tax incentives and depreciation concessions.. The effective tax rate is one of the lowest in the world. The general pro-business policy of Singapore is the two important factors contributing to the economic growth and foreign direct investment into the country. This has been the policy for a long time and is unlikely to change - giving any investor confidence and certainty in the Singapore ...
2015 Ghana Income Tax Rate data, including comparisons against world and regional benchmarks. This page is part of Econ Stats, the Economic Indicators and Statistics Database that has been compiled by EconomyWatch.com from thousands of data sources, including the IMF, World Bank, World Economic Forum and CIA.
... .. .by Anura Guruge Related posts: 1/ NH property tax rates for 2013 delayed -- Sep. 4, 2013. 1/ N.H. 2013 - 2014 Property Tax Rates ... -- Sep. 2, 2013. 2/ New Hampshire 2012 - 2013 Property Tax Rates Spreadsheet || -- Nov. 26, 2012. 3/ Alton, NH Property Tax Rate: 23rd Lowest In…
1. Wealth Tax. Tax Rates and Credits. Initiative Statute.Imposes one-time 46% tax on persons with property worth more than $40 million as of January 1, 2006, and who were California residents for at least five years as of July 1, 2005. Adds 6% to income tax for high-income taxpayers. Reduces corporate income tax rate by more than half. 2. Casino-Style Gaming District. Requires State to purchase, through eminent domain, 25 to 50 square miles of undeveloped land in San Bernardino County for casino-style gaming.3. Public Preschool Education. Tax Increase on Incomes Over $400,000 for Individuals; $800,000 for Couples.Establishes right to ...
Smoking is legal and lawful among adults in Maryland. If thats going to continue and be left as a personal decision among adults, then lets stop hassling and intimidating and jerking around adult smokers, Bereano said. Enough is enough.. Maryland last raised taxes on non-cigarette tobacco in 1999. Cigarette taxes have been raised several times since then, most recently by $1 a pack in January 2008.. The tobacco tax campaign comes only a few months after the Health Initiative successfully lobbied to raise the tax on alcohol in April.. DeMarco said that raising the cost of tobacco saves both lives and money. Smoking rates in Maryland declined by 32.6 percent between 1998 and 2009, which was double the national average. DeMarco said the decrease in smoking saved more than 70,000 lives and hundreds of millions of dollars in health care costs.. The current tax increase would not be the end of the campaign. Tobacco tax advocates would like Maryland to become a smoke-free state.. Bereano contended ...
1985 June/1986 March-July The Cash for Comments Economists Network was commissioned by the Tobacco Institute to write economic opinion pieces opposing excise taxes on cigarettes in mid-year-1985. This propaganda requirment resurfaced as a major project for the economist in the peak of the Tobacco Industrys PR campaign against the Packwood tax plan (although the threat was obviously still a possibility until the end of 1986r). The Tobacco institute (much later) put together a package of commissioned economics reports (see front section of document), followed by about thirty op-eds and composite pieces which were generated by the Tollison/Savarese Cash for Comments Economists Network in this 1985-86 time frame. It illustrates the propaganda value of this network -- and shows what it can accomplish in a very short time for just a few thousand dollars in academic bribes. These op-eds attacking the Packwood tax plan were all published in local newspaper across the USA. (Copies needed to be sent in ...
D) Wholesale pricing. True/False. 1) The primary objective of multinational tax planning is to minimize the firms worldwide tax burden.. 2) A country CANNOT have both a territorial and a worldwide approach as a national tax policy.. 3) Tax treaties generally have the effect of increasing the withholding taxes between the countries that are negotiating the treaties.. 4) A value-added tax has gained widespread usage in Western Europe, Canada, and parts of Latin America.. 5) All indications are that the value-added tax will soon be the dominant form of taxation in the U.S.. 6) Among the G7 nations, the U.S. has a below average corporate income tax rate that makes it attractive for other countries to invest in the U.S.. 7) In the mid 1980s the U.S. led the way to higher corporate income tax rates worldwide. Today, most of the G7 nations have surpassed the U.S. and have higher corporate income tax rates than the U.S.. 8) The ideal tax should not only raise revenue efficiently but also have as few ...
Chinas dependence on coal is a major contributor to local and global environmental problems. In this paper we estimate the price elasticity of demand for coal in China using a panel of province-level data for the period 1998-2012. We find evidence that provincial coal demand has become increasingly price elastic. As of 2012 we estimate that this elasticity was in the range -0.3 to -0.7 when responses over two years are considered. The results imply that Chinas coal market is becoming more suited to price-based approaches to reducing emissions. Our estimates suggest that the elimination of coal consumption subsidies could reduce national coal use and related emissions by around 2%. ...
YEREVAN, SEPTEMBER 13, ARMENPRESS. Vardan Harutyunyan, chairman of the state revenue committee of Armenia, held a meeting on September 13 with Hossein Samiei, head of the International Monetary Fund (IMF) mission in Armenia.. The state revenue service told ARMENPRESS the sides discussed the results of the tax-budgetary performance. Harutyunyan reassured that the committee will ensure the 1 trillion 135 billion drams in tax revenues approved in the budget, and stressed the impact of the committees work on the GDP growth, namely the results of the anti-shadow (black market) activities.. Harutyunyan mentiond that increase in tax revenues happened in conditions of reduced inspections, nearly 48%, and repayment of 22 billion drams in overpayments in the first semester.. Speaking about factors which contributed to the increase in tax revenues, Vardan Harutyunyan mentioned structural changes within the system and the implementation of the monitoring center.. The IMF Armenia representative ...
This article summarizes our study of the price elasticity of demand1 for home appliances, including refrigerators, clothes washers and dishwashers. In the context of increasingly stringent appliance standards, we are interested in what kind of impact the increased manufacturing costs caused by higher efficiency requirements will have on appliance sales. We chose to study this particular set of appliances because data for the elasticity calculation was more readily available for refrigerators, clothes washers, and dishwashers than for other appliances ...
Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.This page has the latest values, historical data, forecasts, charts, statistics, an economic calendar and news for Tax revenue (current LCU) in Albania.
The latest round of tax increases in Honduras increases the burden on the poor and middle class. The basic sales tax rate jumps from 12 per cent to 15 per cent. Thats pushed up the cost of almost all goods and services by about 2.6 per cent. The list of tax exemptions designed to protect low-income consumers was dramatically - and apparently incompetently - trimmed. ...
First, if you live in a developed country, your taxes are probably much lower today than they were 30 years ago, thanks in part to tax havens. […] Governments are cutting taxes because they fear that jobs and investment will flee across national borders. Tax havens, by providing a safe refuge for people seeking to dodge confiscatory tax rates, have played a critical role in these positive developments. Better to get some revenue with modest tax rates, lawmakers have concluded, than impose high tax rates and lose out. Second, European duchies and Caribbean isles arent the only places that welcome tax refugees. The United States, for instance, could be considered the worlds largest tax haven. The U.S. government generally does not tax interest and capital gains received by foreigners who invest in America. And since the IRS does not collect data on those payments, there is rarely any information to share with foreign tax collectors. Moreover, U.S. corporate structures, such as Delaware and ...
Chile Tax Reform Overview. Chiles President Michelle Bachelet has sent a major tax reform bill to congress that sets out to raise corporate taxes to finance better education. It is expected to be approved by Congress with no key changes and to be enacted before September of the current year. The goal of the reform is to raise additional tax revenue equivalent to 3 percentage points of GDP during Bachelets term in office, with 2.5pp coming from tax rate changes and 0.5pp from measures to reduce tax evasion.. Harris Gomez Group has outlined some of the key areas of the tax reform bill. It is currently being debated so there will be changes as it passes through the legislative process. We will keep our clients updated over the next few months, as more information is made available.. Core structure of the tax reform: Elimination of the Taxable Profit Ledger/Fund (FUT). What does this imply?. Since 1984 Chile has embraced an integrated tax system based on the fact that the corporate tax is burden ...
The United States House of Representatives took the opposite action on tax cuts on Wednesday, rejecting a Democratic proposal championed by President Barack Obama to extend lower tax rates for middle-income Americans, and then passing a Republican plan to maintain the lower rates for a year. The vote extended a congressional stalemate over the Bush tax cuts from 2001 and 2003 that has come to symbolize legislative inaction in Washington.. Republicans in favor of minimizing government oppose any higher taxes, arguing the Democratic plan of allowing rates to increase on higher income Americans will stunt economic growth. Democrats assert Republicans are holding tax breaks hostage for the middle class, including 97 percent of small business owners, in order to keep lower tax rates for 2 percent of American taxpayers earning in excess of the $250,000 threshold. Both parties agree on extending the lower tax rates for middle income Americans, however, Democrats say Republicans are preventing that from ...
An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income). Income tax generally is computed as the product of a tax rate times taxable income. Taxation rates may vary by type or characteristics of the taxpayer. The tax rate may increase as taxable income increases (referred to as graduated or progressive rates). The tax imposed on companies is usually known as corporate tax and is levied at a flat rate. However, individuals are taxed at various rates according to the band in which they fall. Further, the partnership firms are also taxed at flat rate. Most jurisdictions exempt locally organized charitable organizations from tax. Capital gains may be taxed at different rates than other income. Credits of various sorts may be allowed that reduce tax. Some jurisdictions impose the higher of an income tax or a tax on an alternative base or measure of income. Taxable income of taxpayers resident in the jurisdiction is generally ...
Sec. 1. EQUALITY AND UNIFORMITY OF TAXATION; TAXATION OF PROPERTY IN PROPORTION TO VALUE; OCCUPATION AND INCOME TAXES; EXEMPTION OF CERTAIN TANGIBLE PERSONAL PROPERTY AND SMALL MINERAL INTERESTS FROM AD VALOREM TAXATION; VALUATION OF RESIDENCE HOMESTEADS FOR TAX PURPOSES. (a) Taxation shall be equal and uniform.. (b) All real property and tangible personal property in this State, unless exempt as required or permitted by this Constitution, whether owned by natural persons or corporations, other than municipal, shall be taxed in proportion to its value, which shall be ascertained as may be provided by law.. (c) The Legislature may provide for the taxation of intangible property and may also impose occupation taxes, both upon natural persons and upon corporations, other than municipal, doing any business in this State. The Legislature may also tax incomes of corporations other than municipal. Persons engaged in mechanical and agricultural pursuits shall never be required to pay an occupation ...
Melissa Horn, tobacco policy and government relations director at Health First Wisconsin, said the policy actions the state has taken on smuggling and cigarette taxation have proven to be effective but more resources are needed to continue combating the issue.. Our organization supports the [DOR]s investigations of any fraudulent tax stamps or sale issues across state borders, Horn said.. She said Health First Wisconsin believes the $2.52 cigarette pack tax increase has been successful and the tax has played a large role in curbing of costs associated with treatment of smoking-related illnesses and dropping Wisconsins youth smoking rates to new lows.. Although the states tax rate is one of the highest in the Midwest - second only to Minnesotas tax of $2.83 per pack -Wisconsin has the highest smuggling rate of the region, Western said.. Health First Wisconsin suggested an increase in government investment to combat smuggling of tobacco products as well as overall tobacco use, Horn ...
Rhode Island is a destination-based sales tax state. So no matter if you live and run your business in Rhode Island or live outside Rhode Island but have nexus there, you would charge sales tax at the rate of your buyers ship-to location.. Fortunately, Rhode Island is one of the few states with no local sales tax rates. That means that you charge the 7% Rhode Island sales tax rate to every buyer in Rhode Island. This goes for sellers who call Rhode Island their home state and sellers who live and operate their businesses in another state, but have Rhode Island sales tax nexus for some reason.. You can look up your local sales tax rate with TaxJars Sales Tax Calculator.. Note: If you operate an eating and/or drinking establishment in Rhode Island, you must collect the 1% Rhode Island meals and beverage tax.. ...
Individual and commercial incomes are taxed whether derived in Singapore or from outside sources. Types of direct taxation include income, property, estate duty, and payroll taxes; the Inland Revenue Department is responsible for the assessment and collection of all such levies. Effective in 2002, the top marginal personal tax rate was reduced to 22% and tax bands were consolidated from 10 to 7. The first $20,000 of an individuals chargeable income is not taxed. The corporate income tax rate was reduced from 25.5% to 24.5% in 2002, and then to 22% in 2003 in line with the governments commitment to reduce the rate to 20% over a three year period. Industrial establishments, companies, and various other businesses are eligible to deduct from their gross profits varying and usually generous depreciation allowances for building, plants, and machinery. There are tax holidays of 5 to 10 years for investing in robotics and other approved pioneer industries; other tax incentives for investing in ...
In her first two years in office, Governor Janet Mills broke records with a massive spending increase of about $800 million, about an 11% spike, in her first state budget.. Late last week, two bills were released that would raise taxes on individuals and Maine small businesses. While one of the bills is certain to be framed as taxing the rich in keeping with standard liberal talking points on tax hikes, the devil is in the details. In the case of these tax increases, the details show that working Mainers, including some who earn below the median or average household income, would see their income tax rate increase by as much as 14%.. One bill, LD 495, purports to increase the progressivity of Maines tax code, but the text of the proposal shows that it would hit middle class Maine households earning between $50,000 and $100,000 per year with an income tax increase of more than 14%.. On top of that, households earning over $100,000 per year would see their income tax rate increase by 38%, ...
For instance, in Hong Kong, now under the control of Chinese Communism, the top tax rate has been reduced to 16 percent. Formerly Communist Bulgaria has a new flat tax rate of 10 percent. Formerly Communist Romania reduced its top tax rate from 40 percent to a flat tax of 16 percent.. Meanwhile, the United States, the champion of low taxes and economic freedom, has gone the other direction. It is as if we havent noticed what the rest of the world has.. Notice you dont hear Americas Democrats talking about Europe any more. They cant. Europe has abandoned the failed economics of the Democrats. In fact, many European leaders are astonished at the direction of the U.S. Its leaders are openly chastising America for its foolhardy policies of bailouts and government intervention and encouragement of debt.. ...
The City of Corpus Christi adopted a tax rate that will raise more taxes for maintenance and operations than last years tax rate. The tax rate will effectively be raised by 4.69 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $16.87.. ...
Learn where to register to file and pay Alcoholic Beverage excise tax to the Massachusetts Department of Revenue (DOR) via MassTaxConnect. Here you will also find Alcoholic Beverage excise tax rates and links to forms - along with gallons and revenue reports.
The US federal tax system is highly progressive, primarily because individual income tax rates rise sharply with income and refundable tax credits lead to negative...
The teen/adult groups all showed significant (p , 0.05) changes in the adjusted incidence rate of hospitalization (AIRH) for AADs and alcoholic liver disease in 2002. Men aged 15 to 64 years showed an abrupt decline in the rate of AADs (9.1%) and in the rate of alcoholic liver disease (10.3%). A 16% reduction in the AAD rate was found in teen/adult women after the alcohol tax increase. In contrast, a 17.4% increase in the same rate was seen in the first quarter of 2010 for this group. A similar pattern was presented for the AIRH for alcoholic liver disease among women. The effect of tax intervention was not significant among the elderly. ...
Uganda is credited for carrying out extensive reforms in its tax system in the 1990s. The system of administration was overhauled together with a complete overhaul of tax legislation. The overriding objective was to increase tax revenues. Improvements were registered in the tax revenues but only temporarily. Since 2004, there has been stagnation in the tax revenue figures. The revenue from direct taxes only contributes about 20% to the total revenue well below the Sub-Saharan average of 40%. This has focused attention on the appropriateness of the reforms. The focus of the reforms on achieving efficiency did not sufficiently take into account the fundamental importance of equity within the system. As a result, the Income Tax Act 1997 embodies distortions and inequalities in the treatment of taxable income and taxpayers that have led to inefficiency in the system as a whole. The tax reforms also took a narrow technical view of the tax system. Taxation has an impact on state-building and is, ...
Chapter 6: Elasticity and Demand McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. Elasticity Issue: How responsive is the demand for goods and services to changes in prices, ceteris paribus. The concept of price elasticity of demand is useful here. Price elasticity of demand Let price elasticity of demand (EP) be given by: % change in Q EP = % change in P  Q / Q 0 P / P 0  (Q 1  Q 0 ) / Q 0 ( P1  P 0) / P 0 [1] Price A 240 235 0 B 100 P = 290 - Q/2 110 Output Question: What is EP in the range of demand curve between prices of $240 to $235? To find out: Ep  (110 100 ) / 100 ( 235  240 ) / 240  10 %  2 .1 %   4 .8 Meaning, a 1% increase in prices will result in a 4.8% decrease in quantity-demanded (and viceversa). Point elasticity In our previous example we computed the elasticity for a certain segment of the demand curve (point A to B). For purposes of marginal analysis, we are interested in point elasticity- ...
The Taxpayer Accountability and Budget Stabilization Act of 2011 temporarily increased the personal and corporate income tax rates, providing the state with much needed revenue. This Special Report examines the impact of those tax increases on the states General Fund budget deficits for fiscal years 2011-2013.. ...
Trenton, NJ: Super-majorities of the New Jersey Assembly and Senate decided on Monday to place a marijuana legalization ballot question before voters in 2020.. Commenting on the legislative action, Garden State NORML Executive Director Charlana McKeithen said: We support any move beyond prohibition. Now marijuana consumers and anyone who supports reform can cast a vote for freedom. The question will appear as a constitutional amendment on the November election ballot. Senators voted 24 to 16 in favor of the effort, while members of the Assembly voted 49 to 24. State law requires that three-fifths of lawmakers in both chambers approve a resolution to place an amendment on the ballot. The ballot question will read: Do you approve amending the Constitution to legalize a controlled form of marijuana called cannabis? Only adults at least 21 years of age could use cannabis. The State commission created to oversee the States medical cannabis program would also oversee the new, personal use ...
A Michigan state Court of Claims ruling on Friday held that absentee ballots must be counted as long as they were postmarked by November 2 and received within fourteen days. The case was brought by a group of Plaintiffs including the Michigan Alliance for Retired Americans.. The plaintiffs requested injunctive relief in three different issues. First, on the limitation that required ballots to arrive by 8 pm on election day or not be counted. Second, they requested an expansion of voter assistant so that more people may be able to help a voter return their absentee ballot. Finally, they requested that the state provide return postage. In examining the extensive number of affidavits and documents presented as evidence of their claims, the court found that mail delivery has become significantly compromised, and the risk for disenfranchisement when a voter returns an absent voter ballot by mail is very real.. Judge Stephens also found that largely unrefuted expert testimony . . . consistently ...
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TY - JOUR. T1 - Evaluating Fuel Tax Revenue Impacts of Electric Vehicle Adoption in Virginia Counties. T2 - Application of a Bivariate Linear Mixed Count Model. AU - Jia, Wenjian. AU - Jiang, Zhiqiu. AU - Chen, T. Donna. AU - Paleti, Rajesh. PY - 2019/1/1. Y1 - 2019/1/1. N2 - Increasing electric vehicle (EV) shares and fuel economy pose challenges to a fuel tax-based transportation funding scheme. This paper evaluates such fuel tax revenue impacts using Virginia as a case study. First, a bivariate count model is developed using vehicle registration data in 132 counties from 2012 to 2016. Model results indicate strong correlation between presence of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) on a county basis. Counties with higher percent of males are associated with higher BEV (but not PHEV) counts. In contrast, higher average commute time is predicted to increase the number of PHEVs in each county, but not BEVs. Greater population density, population over 65, ...
Asthe Chancellor freezes the real price of 20 cigarettes, ASH attacked the reversal of tax policy asshameless electioneering, which would soon show up in increasedteenage smoking, help to fill the cancer wards and burden the NHS. Teenage smoking has fallen sharply since1996 as the Chancellor has added over a pound to the price of 20 cigarettes. Teenage smoking has fallen sharply since1996 when Brown introduced a 5% per year escalator - from 33% among 15 year-oldgirls in 1996 to 25% in 1999 [,ahref=http: www.ash.org.uk= html= smuggling= tax2001.html#_toc507230487″=,1].. ASHestimates the failure to introduce the previous policy of a 5% tax rise will,over the long term, mean 1300 more people per year die from a grisly death bycancer, heart disease or respiratory illness caused by smoking - about half thetotal that die each year on the roads.. CliveBates, Director of ASH said:. The freeze in taxes is basically quite shamelessbut predictable electioneering. Theyare sacrificing long-term ...
After spending months on plans to repeal and replace the Affordable Care Act, Congressional Republicans and the Administration are beginning to pivot to a more unified effort around comprehensive tax reform.. House and Senate Republicans are expected to spend much of the August recess period talking about tax reform with their constituents back home, and the White House will follow suit later this month with President Trump expected to meet leaders of industry and taxpayers throughout the country at events designed to take the tax reform conversation outside of the beltway.. On July 27, House and Senate leaders and the White House issued a joint statement on tax reform, outlining a number of core narrative principles as the effort moves forward. While not rich in detail, the statement called for a pro-growth plan that eliminates much of the complexity in the current tax code and lowers rates for individuals and corporations.. The timing and path forward on tax reform legislation remains unclear. ...
The federal income tax rates for 2015 are the same as last year: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. However, the rate bracket beginning and ending points are increased slightly to account for inflation. For 2015, the maximum 39.6% bracket affects singles with taxable income above $413,200, married joint-filing couples with income above $464,850, heads of households with income above $439,000, and married individuals who file separate returns with income above $232,425. Higher-income individuals can also get hit by the 0.9% additional Medicare tax on wages and self-employment income and the 3.8% net investment income tax (NIIT), which can both result in a higher-than-advertised marginal federal income tax rate for 2015.. What weve listed below are a few money-saving ideas to get you started that you may want to put in action before the end of 2015:. • For 2015, the standard deduction is $12,600 for married taxpayers filing joint returns. For single taxpayers, the amount is $6,300. If ...
Why? Taxes". Wall Street Journal. ISSN 0099-9660. Archived from the original on March 25, 2015. Retrieved May 17, 2019. "From ...
... tax returns for the 2004 tax year, based on their 2003 tax data, went out to 51,850 taxpayers receiving a "pre-populated" form ... Tax Year 2004 Study Results, California Franchise Tax Board, April 2006 Policy Analysis of "Return-Free" Tax System, Boisture, ... ABA Tax Times. 35 (4). Summer 2016. "Free Articles: Bankman, Joseph". Tax Notes. Tax Analysts. Retrieved January 13, 2021. ... With tax day now upon us - Wednesday, April 15 - the Franchise Tax Board (FTB) offers tips for taxpayers to save time and money ...
Why? Taxes". Wall Street Journal. ISSN 0099-9660. Archived from the original on March 25, 2015. Retrieved May 17, 2019. Levere ... making it a virtually tax free zone for many enterprises. The airport promotes itself as l'aéroport américain de Montréal (" ...
By being incorporated in Liberia prior to the enactment of a 2004 tax law (retroactive to 2001) which repealed the tax ... US income tax on international voyages that either start or end in the US. As of November 2009, the company owns and operates a ... the company is subject to prior law and a court ruled that they would continue to be exempt from Liberian income tax of 35%. ... taxes; brokering commissions; bunkers; port charges. As of January 31, 2014 this company is in bankruptcy. The company had ...
He stated that is a supporter of "tax fairness" and has always supported sales tax over property tax, although in May 1998, ... including raising the mortgage tax and extending the reach of the existing sales tax to cover items that are not now taxed. The ... "In Brief; Sales Tax Lifted". The New York Times, May 31, 1998. Greene, Donna. "County Won't Take Part In A Sales Tax Waiver". ... "Tax Hike And Cuts Looming" The Journal News. January 8, 2004. Blain, Glenn. "Half Point Added To Sales Tax". The Journal News. ...
Both programs provide tax preparation assistance to Americans who may require assistance filing. VITA provides IRS-trained tax ... "Tax Preparation Services Augusta, GA , Aiken, SC , Evans, GA , Taxes , Fast Refunds". www.rhodesmurphy.com. Archived from the ... The company offers online tax preparation technology for American consumers and tax professionals, allowing them to ... Volunteer Income Tax Assistance) and TCE (Tax Counseling for the Elderly) program volunteers. TaxSlayer's consumer products ...
Taxes; Conseil Supérieur; Cartography and Topography E. Politics; Religions; Islamic Affairs; Exterior Relations F. Police; ...
However, the estate tax is de-coupled from the federal estate tax laws, and therefore, the state imposes its estate tax. ... An excise tax applies to certain products such as gasoline, cigarettes, and alcoholic beverages. Property tax was the first tax ... Their tax policy differs from neighboring Oregon's, which levies no sales tax, but does levy a personal income tax. This leads ... Washington's state base sales tax is 6.5%, which is combined with a local sales tax that varies by locality. The combined state ...
His tax increases on higher-income taxpayers raised their effective tax rates starting in 2013, helping address after-tax ... Obama has proposed a tax plan which includes tax credits to lower the amount of taxes paid. It is argued that the typical ... Obama increased taxes on high-income taxpayers via: a) expiration of the Bush income tax cuts for the top 1-2% of income ... According to the Tax Policy Center, the Obama plan provides three times as much tax relief for middle-class families as the ...
National and municipal income tax Automobile tax Road tax Value added tax Wealth tax Property tax is handled by the ... the Directorate of Customs is also charged with the collection of various state taxes. The taxes which Directorate of Customs ... "Taxes". Archived from the original on 17 September 2011. Retrieved 28 April 2018. Official website (in English) Official ... taxes, tariffs, and other state revenues. The Directorate of Customs is not divided into separate regions or districts and has ...
Taxes? Fees? I-960 rattles Olympia (accessed: June 30, 2008) "Eyman's anti-tax initiative passes , The Spokesman-Review". www. ... Citing Washington as being the "5th highest taxed state in the nation," with property taxes that "double every 7 to 9 years" ... "Washington Property Tax Limitation, Initiative 747 (2001)". Ballotpedia. Retrieved November 22, 2019. "Washington Property Tax ... Other taxes increases, like school levies, were not subject to I-722's tax increase limits. The measure won 55.89% voter ...
It was created to provide tax relief to single-parent households, who previously faced the same tax rates as single people ... Hoffman, Wallace E. (January 2002). "The Head of Household Status as a Tax Boon". Taxes. 80 - via HeinOnline. (CS1 maint: url- ... Have paid more than half the cost of keeping up a home for the tax year (either one's own home or the home of a qualifying ... It provides preferential tax rates and a larger standard deduction for single people caring for qualifying dependents. To use ...
Taxes. Durham, NC. Boxes 3, 6, 17, 21, 36, 46, 47. Retrieved December 3, 2015. "Durham People's Alliance Records , Durham ... construction of a transit station on West Chapel Hill Street across the street from the Amtrak train station that serves taxis ...
Why? Taxes". Wall Street Journal. ISSN 0099-9660. Archived from the original on March 25, 2015. Retrieved May 17, 2019. KIAG at ...
The Shell Namespace Chen, Raymond (2006). "Taxes". The Old New Thing (1st ed.). Pearson Education. p. 451. ISBN 0-321-44030-7. ...
Irene Lam fell behind on her property tax obligations, failing to fulfill nearly fifty thousand dollars in property tax ... "Taxes". oklahomacounty.org. Retrieved November 11, 2011. Lackmeyer, Steve (2012-08-20). "Gold Dome set for foreclosure sale". ...
"taxes"; "Oust Manacle"; "Same Problem", Coconut 10, October 2007 "big deference betwixt throwing things and throwing things ...
Recent research has explored the effects of the elimination of capital income taxes on saving-for-retirement opportunities and ... taxes; cash flow (income and expense) analysis; insurance; defined benefits (e.g., social security, traditional pensions). From ...
Why? Taxes". The Wall Street Journal. ISSN 0099-9660. Archived from the original on March 25, 2015. Retrieved May 17, 2019. " ... In 2012, the U.S. Department of Transportation banned the practice as part of wider regulations that also require taxes and ...
Gasoline Sales Tax. Initiative Statute.) Proposition 185 failed with 19.47% of the vote. (Health Services. Taxes.) Proposition ...
Taxes; Depreciation; Financing Corresponding financial statements: Income statement; Balance sheet; Cash flow statement ...
Income Tax Act 1967 [Act 53] Financial Procedure Act 1957 [Act 61] Sales Tax Act 1972 [Act 64] Gaming Tax Act 1972 [Act 65] ... taxes; rates in the federal capital; fees in respect of any of the matters in the Federal List or dealt with by federal law; ... Real Property Gains Tax Act 1976 [Act 169] Excise Act 1976 [Act 176] Tun Razak Foundation Act 1976 [Act 178] Treasury Bills ( ... Goods and Services Tax Act 2014 [Act 762] Netting of Financial Agreements Act 2015 [Act 766] Public Sector Home Financing Board ...
Taxes on Corporate Restructuring. 217 - Failed - Top Income Tax Brackets. Reinstatement. Revenues to Local Agencies. 218 - ... Gasoline Sales Tax. Initiative Statute. 186 - Failed - Health Services. Taxes. 187 - Passed - Illegal Aliens. Ineligibility for ... Taxes. 127 - Passed - Earthquake Safety. Property Tax Exclusion. 128 - Failed - Environment. Public Health. Bonds. 129 - Failed ... 177 - Passed - Property Tax Exemption. Disabled Persons' Access. 178 - Failed - Property Tax Exclusion. Water Conservation ...
Increase on Cigarette Tax 87 - Failed - Funding for alternative forms of energy 88 - Failed - Property Parcel Tax to fund for ... Tax on Personal Incomes Above $1 Million. Initiative Statute. 64 - Passed - Limits on Private Enforcement of Unfair Business ... Tax Increase on Incomes Over $400,000 for Individuals; $800,000 for Couples. 1A - Passed - Protection of Transportation Funding ... Bonds, Taxes. Accountability Requirements. Initiative. 40 - Passed - The California Clean Water, Clean Air, Safe Neighborhood ...
taxes). The 997 GT3 R Hybrid made its debut at the 2010 Geneva Motor Show. The hybrid technology featured in the car was ... The base MSRP of the European model was €149,850 (before tax). Replacing the GT3 Cup S and built from the ground up for FIA GT3 ... taxes). For 2013 Porsche significantly modified the vehicle, changed the aerodynamics and increased the track, wheelbase and ... The 911 GT3 Cup is priced at 225,000 Euro (US$267,165) excluding taxes. Porsche 911 992 GT3 Cup at the Porsche Museum Apart ...
Taxes. @LindseyHoran headers. The @ThornsFC's midfielder's diving header was voted as the @SecretDeodorant No Sweat Play of the ...
Tax Code) is required to file a federal income tax return. U.S. citizens are subject to federal income tax on worldwide income ... The withholding tax has made the voluntary component of tax collection much less important, and the professional military has ... In addition, an expatriation tax is imposed on some individuals relinquishing citizenship, but payment of the tax is not a ... estate and gift taxes. But last week, Congress may have made life less rewarding for tax exiles. "Citizenship and Civic ...
"Tax Laws & Rules > Acts > Indian Partnership Act, 1932". Income Tax Department. Retrieved 2021-12-17.{{cite web}}: CS1 maint: ... Furthermore, taxation is based on individual partners, rather than the partnership being taxed through income or corporate tax ... Fishman, Robert G. (1996). "Self-Employment Tax, Family Limited Partnerships and the Partnership Anti-Abuse Regulations". Taxes ... Limited partners do not have to pay self-employment taxes on profits that they receive from the partnership due to the fact ...
If you want some solid tax advice you should check out the latest episode of "A Sister's All You Need" Also I voice the tax ... She is reliable but sadistic; she makes her clients reveal their fetishes through their expenses, but raises their tax return ... a sadistic tax accountant, and his editor. As the story progresses, the underlying conflicts of dreams and goals surface, as ... Ashley is a 32-year-old tax accountant who wears lolita fashion. ...
Castle advocates for the replacement of the current tax system with a "tariff based revenue system supplemented by excise taxes ... "Taxes". The Constitution Party. Retrieved August 24, 2016. "Immigration". The Constitution Party. Retrieved August 24, 2016. " ...
Final regulations on the medical device excise tax that manufacturers and importers will pay on sales of certain medical ... Prior to the repeal, the tax was on a 4-year moratorium. As a result of the repeal and the prior moratorium, sales of taxable ... Repeal of Medical Device Excise Tax. The Further Consolidated Appropriations Act, 2020 H.R. 1865 (Pub.L.116-94), signed into ... law on December 20, 2019, has repealed the medical device excise tax previously imposed by Internal Revenue Code section 4191. ...
You can apply some or all of this tax credit to your monthly insurance premium payment. The Marketplace will send your tax ... This is called "reconciling" the advance payments of the premium tax credit and the actual premium tax credit you qualify for ... What if my income is too high for a premium tax credit?. You can still use the Marketplace to buy a health plan without a ... Can I appeal a decision about whether I qualify for a premium tax credit?. If you think we made a mistake when you get your ...
There is widespread consensus that higher cigarette taxes are the most effective policy tool in reducing population smoking ... Tax Law: Tax Law & Policy eJournal. Subscribe to this fee journal for more curated articles on this topic ... Lost tax revenue from current levels of contraband in Quebec is roughly a tenth of corresponding amounts in Ontario. The ... Given the magnitude of the decrease in estimated lost tax revenues as a likely consequence of stronger policing, and the risks ...
What percentage of state revenue comes from sales tax? Compare state sales tax reliance in 2021. ... Consumption taxes (like sales taxes) are more economically neutral than taxes on capital and income because they target only ... Another consideration is the tax base, the transactions that are subject to the sales tax. The most neutral form of sales tax ... States and localities that border low-sales tax or no-sales tax jurisdictions often struggle to levy sales taxes with high ...
... motor fuel tax, cigarette tax, financial institutions tax, corporation income tax, and corporation franchise tax. ... and collects sales and use tax, employer withholding, ... Department of Revenue administers Missouris business tax laws ... The withholding tax tables, withholding formula, MO W-4, Missouri Employers Tax Guide (Form 4282), and withholding tax ... Employers Tax Guide (Contents of the Tax Guide are as follows) *Nonresident Individual Partners and Shareholders ...
... of the revenue from the new nicotine products tax and the additional cigarette and tobacco products taxes (new tax revenue) is ... To create a tax on nicotine products that is equal to 62% of the manufacturers list price, which is the same total tax as the ... If voters approve the tax, then the state will have the authority to impose these taxes and retain and spend the revenue as a ... If a distributor fails to pay the tax, then any person or entity in possession of the nicotine products is liable for the tax. ...
... how to get a council tax reduction and how to appeal your council tax band. ... Council Tax. Council Tax energy rebate Find out about the Council Tax energy rebate and extra top up payment ... Claim a Council Tax refund If you have received a bill that shows a credit on your council tax account and you live in the ... Appeal your Council Tax band Find out how your Council Tax bill is worked out, and how to make an appeal if you think your ...
Inheritance Tax (IHT) is paid when a persons estate is worth more than £325,000 when they die - exemptions, passing on ... Who pays the tax to HMRC Funds from your estate are used to pay Inheritance Tax to HM Revenue and Customs (HMRC). This is done ... Inheritance Tax rates. The standard Inheritance Tax rate is 40%. Its only charged on the part of your estate thats above the ... Inheritance Tax is a tax on the estate (the property, money and possessions) of someone whos died. ...
The U.S. has a progressive tax system. ... A progressive tax imposes successively higher rates on ... The U.S. progressive income tax involves tax brackets, each with its own tax rate. For tax years 2022 and 2023, those tax rates ... A sales tax is an example of a regressive tax.. *A flat tax is a single income tax rate that applies to all taxable income, no ... Progressive Tax vs. Flat Tax A flat income tax system imposes the same percentage tax rate on everyone, regardless of income. ...
Just as tax is a sure thing, so too are tax disputes and tax litigation. And thats part of the reason tax professionals are ... Tax Ignorance As Persistent as Death and Taxes, Is All Tax Ignorance Avoidable?, Tax Ignorance in the Comics. So it ought not ... More Tax Ignorance, With a Gift, Tax Ignorance of the Historical Kind, A Peek at the Production of Tax Ignorance, When Tax ... "Sugary Beverage Tax" Tactics, How Unsweet a Tax, When Tax Is Bizarre: Milk Becomes Soda, and Gambling With Tax Revenue. Last ...
Learn how to qualify for federal tax credits. Learn how to qualify and how to apply for credits. ... This information applies to the existing tax credits for 2022. Changes to residential energy efficiency tax credits under the ... The tax credits for residential renewable energy products are now available through December 31, 2023. Renewable energy tax ... Disclaimer: The tax credit information contained within this website is provided for informational purposes only and is not ...
The new tax law made substantial changes to the tax rates and the tax base for the individual income tax. The major provisions ... Tax Rates and Tax Brackets. The Tax Cuts and Jobs Act (TCJA) reduced statutory tax rates at almost all levels of taxable income ... The new tax law made substantial changes to the tax rates and the tax base for the individual income tax. The major provisions ... National Retail Sales Tax*What is a national retail sales tax?. *What would and would not be taxed under a national retail ...
Perdue Brandon provides a listing of tax foreclosure resales in Texas. ... Tax Resale Information. The following properties were obtained as a result of no bid being received at the original sheriffs ... The properties are then reoffered for sale as tax resale property.. Please make your selection below to download information in ... After receiving no bids at the original sheriffs auction‚ the property is struck off to the taxing jurisdiction that requested ...
assume-hide-taxes. option to hide taxes only for those loops/functions. If you do not provide a list, taxes are hidden for all ... Invoke_tax_hidden_ratio = 0.95. , which means that 95% of invocation taxes will be hidden and only 5% of the taxes will be ... Fine-Tune the Number of Hidden Taxes. You can fine-tune the number of invocation taxes to hide by specifying the Invoke_tax_ ... estimates invocation taxes using the pessimistic. approach and assumes the invocation tax is paid each time the kernel is ...
Sales taxes. The state sales tax rate is 5.75%.. Counties and regional transit authorities also may levy sales and use tax. The ... Inheritance and estate taxes. Ohio has no inheritance tax.. The Ohio estate tax is no longer in effect for estates of ... The real property (real estate) tax is Ohios oldest tax. It has been an ad valorem tax, meaning it is based on value, since ... State taxes: Ohio. Taxes Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison ...
The Internal Revenue Service announced tax relief and dyed diesel fuel penalty relief for storm victims following a disaster ... Before I knew it, I was writing and editing tax-related articles for Taxing Subjects, and this has been my home since 2014. ... What deadlines are affected by Hurricane Ian tax relief?. The Florida tax relief delays some individual and business deadlines ... October 31, 2022, quarterly payroll and excise tax return deadline. *November 15, 2022, calendar-year tax-exempt organization ...
How Taxes Work. Written by: David Mikkelson Jan 6, 2003 A humorous essay seeks to describe how taxes work in the context of ten ... Tampon Tax. Written by: Kim LaCapria May 9, 2016 Most states maintain a "tampon tax," meaning the products are not exempt from ... Is Payment of Income Taxes Voluntary?. Written by: David Mikkelson Apr 14, 2010 Payment of income taxes is mandatory; only the ... Does the GOP Tax Plan Include a Tax Cut for Private Jet Owners?. Written by: Alex Kasprak ...
Determining Your Homes Tax Basis. Your tax basis in your home will be a key factor in calculating your tax gain or loss when ... Homeowners in Michigan must pay property tax each year to the local taxing authorities, but should examine whether the tax ... Tax Reasons to Keep Good Records of Home Improvements. Basis is an important tax word that every homeowner should know. It ... Should You Challenge Your Property Tax Assessment in Texas?. Homeowners in Texas must pay property tax each year to the local ...
See what you need to know about business and corporate taxes, plus discover news and tips on tax filings and refunds. - ... Taxes - Page: 3 Tax season on your mind? See what you need to know about business and corporate taxes, plus discover news and ... Why the Rich Need to Stop Worrying About Being Taxed The rich need to focus less on avoiding estate taxes and focus more on ... If You Dont Watch Out, These 3 Tax Issues Could Blow Up Your Retirement Worried about how taxes will decimate your nest egg? ...
For centuries taxes have been an important fact of national life ... Why taxes?. For centuries taxes have been an important fact of ... Parliament examines what the Government is doing, makes new laws, holds the power to set taxes and debates the issues of the ... In the late 17th century the amount of money collected from various taxes was about £2 million, a small sum by todays ... Parliaments development was greatly linked to the need for the monarch to raise taxes. Learn more about the early development ...
Our experts share the best tax filing software, how to get the best tax refund and the latest income tax news. ... Taxes. Our experts break down the best tax filing software, how to get the best tax refund and the latest income tax news. ... Maximize Your Tax Refund in 2023: End-of-Year Tax Checklist. Income taxes arent due for five months, but taking these tax- ... 10 Tax Changes That Could Affect the Size of Your Refund Next Year. With the child tax credit and several other tax breaks ...
It was a very simple tax. But as is often the case, the tax became more complex over time.You can see why you would want to tax ... The tax was changed over time so that it would tax business travelers because youre taking up more space in the sky, using ... I think thats why sometimes they look to the tax regime to try and fix the problem. If you can do it through tax, then perhaps ... Jeremy Cape: My starting point on this is that you shouldnt be looking to the tax system to fix a non-tax problem. Aviation ...
... frequent tax exemption aims at most common taxes as Income tax rate, Social Security Tax, Corporate Income Tax, and Excise Tax ... Tax break also known as tax preferences, tax concession, and tax relief, are a method of reduction to the tax liability of ... 2. Tax credits- Tax credits are a form of tax incentive, which allows taxpayers to subtract the amount directly owe on taxes to ... The general tax rate impacts all entities on which applies tax law. However, reduce the tax rate reduces the tax liability of ...
The "tax-wedge", as defined by the OECD, a think-tank, is the gap between total labour costs to the employer and employees ... The wedge (income tax plus social-security contributions from employees and employers) averaged 35.3% in 2011 and increased in ... Belgium continues to have the highest tax wedge, though single workers without children earning the average wage in Germany, ... This article appeared in the Economic & financial indicators section of the print edition under the headline "Taxing wages" ...
A new study finds that taxes on wealth reduce long-run GDP by 2.7 percent. ... Taxes Wealth Taxes Make Us Poorer. A new study finds that taxes on wealth reduce long-run GDP by 2.7 percent. Veronique de Rugy ... Taxeswealth taxBernie SandersEconomic Growth Share on FacebookShare on TwitterShare on RedditShare by emailPrint friendly ... Since tax proponents tell us they prefer to do the latter, the simulation assumes that wealth tax revenues would be used for ...
Cryptocurrency tax software is an essential way to untangle the years of playing around with cryptocurrency. Its easy to log ... Binance taxes cryptocurrency as property because thats how the U.S.A. and other countries collect it. Binance processes more ... Binance Taxes Can Be Extremely Easy or Very Very Hard. March 17, 2021. by Buzzle Staff ... Read on to learn about Form 1099 on Coinbase … [Read more...] about Coinbase 1099: How to File Your Taxes for Crypto Purchases ...
... firms to avoid taxes on tens of billions of dollars. An inquiry into Enrons tax payments is underway by congressional tax ... Creative Tax Structures Hermann, 58, was a longtime Enron executive. In 1981, he became director of tax for Houston Natural Gas ... "The government is going to call these tax shelters.". The outside legal experts Enron hired to work on some of these tax deals ... Hermann has headed Enrons tax department since then.. At Enron, as at many other major corporations, the tax department was ...
The business and tax landscapes have changed dramatically, and the pace and complexity of change continues to increase. We can ... Tax and law guides. Explore our most popular global tax and law guides. ... Tax insights. In an era of constant change, you need more information and analysis than ever. taxinsights.ey.com gives in-depth ... The business and tax landscapes have changed dramatically, and the pace and complexity of change continues to increase. We can ...
The fourth edition of a popular guide to the key issues in tax reform, discussing the current system and alternative proposals ... Should the federal income tax be replaced with a flat tax or sales tax? Should it be left in place and reformed? Can tax cuts ... Even those who understand much about taxes may be naïve about tax policy. With Taxing Ourselves, all can stop making excuses ... Taxing Ourselves, fourth edition A Citizens Guide to the Debate over Taxes. by Joel Slemrod and Jon Bakija ...
Withholding Taxes on Wages If youre an employer, you need to withhold Massachusetts income tax from your employees wages. ... See Tax Changes Contained in "An Act Enhancing State Revenues" and Related Acts, or Massachusetts Income Tax Withholding on ... Withholding state income taxes from your employees who reside in or are employed in Massachusetts and sending in those taxes, ... Register to collect withholding taxes View more information on individual estimated taxes ...
  • This information applies to the existing tax credits for 2022. (energystar.gov)
  • Tax credits for residential energy efficiency and those for builders of energy efficient homes were extended retroactively, through December 31, 2022. (energystar.gov)
  • The Florida tax relief delays some individual and business deadlines beginning on September 23, 2022, until February 15, 2023. (drakesoftware.com)
  • Further, the IRS says that "penalties on payroll and excise tax deposits due on or after September 23, 2022, and before October 10, 2022, will be abated as long as the deposits are made by October 10, 2022. (drakesoftware.com)
  • Attention The Michigan Department of Treasury has scheduled system maintenance beginning December 9th, 2022, to update our systems for the new tax year. (michigan.gov)
  • Why does Tax Day typically fall on April 15 (though it's April 18 in 2022), and which historical leader taxed beards? (mentalfloss.com)
  • Learn what actions you can take to favorably impact your 2022 tax bill and what federal changes you should be aware of so you know what tax breaks apply to you. (score.org)
  • Make sure you know how to plan and pay for your 2022 taxes. (score.org)
  • Effective Nov. 1, 2022, any government fee imposed directly on the purchaser and required to be held in trust by the imposing government body and separately stated on the invoice provided to the purchaser is exempt from City of Aurora sales and use tax. (auroragov.org)
  • Diapers have been exempted from sales and use tax effective July 1, 2022. (auroragov.org)
  • Although pink taxing is already a violation of the state's Consumer Protection Improvement Act , passed in 2022, Dhingra says that the act is not stopping the practice of gender-based pricing. (seattleschild.com)
  • Méthodologie: Entre septembre 2021 et février 2022, des écouvillonnages oropharyngés et/ou nasopharyngés de travailleurs symptomatiques COVID-19 et apparemment en bonne santé sélectionnés consécutivement du site minier de Wahgnion dans le sud-ouest du Burkina Faso qui ont consenti à l'étude ont été prélevés selon les deux programme de quart de semaines et testé pour le SRAS-CoV-2 à l'aide d'un test RT-PCR. (bvsalud.org)
  • The elimination of the basis adjustment requirement increases the value of the HTC and is intended to recapture value that was lost when the HTC was changed in a 2017 tax bill from being a 20% tax credit in one year to a 20% tax credit spread over five years. (ncshpo.org)
  • Prior to the enactment in 2017 of the federal Tax Cuts and Jobs Act (TCJA), most withholding allowances were based on personal exemptions, including those for the employee, spouse and any dependents. (mass.gov)
  • The possibility of a lengthy stalemate could complicate this year's tax season, the first under the new law passed by Congress in 2017. (cnn.com)
  • However, India amended the tax treaty with Mauritius effective April 1, 2017, withdrawing the exemption. (indiatimes.com)
  • Philadelphia implemented its beverage tax in January 2017. (medscape.com)
  • The amount of your premium tax credit depends on the estimated household income for 2023 that you put on your Marketplace application. (healthcare.gov)
  • This is called "reconciling" the advance payments of the premium tax credit and the actual premium tax credit you qualify for based on your final 2023 income. (healthcare.gov)
  • hanges to residential energy efficiency tax credits under the Inflation Reduction Act will become effective starting in 2023. (energystar.gov)
  • The tax credits for residential renewable energy products are now available through December 31, 2023. (energystar.gov)
  • The IRS has adjusted tax brackets, deductions and credits upwards for 2023 due to inflation. (cnet.com)
  • If you value what you get from Mother Jones , please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2023 demands. (motherjones.com)
  • claim the 2019 PTC if the facility is operational before the end of 2023 and then take advantage of the tax credit until 2033. (wind-watch.org)
  • Tax deductions for energy efficient commercial buildings allowed under Section 179D of the Internal Revenue Code were made permanent under the Consolidated Appropriations Act of 2021. (energystar.gov)
  • As of 2021, biomass fuel stoves are included in tax credits for residential renewable energy products. (energystar.gov)
  • Menstrual Care Products have been exempted from sales tax effective June 1, 2021. (auroragov.org)
  • In the most recent fiscal year, 2020 to 2021, the beverage tax raised about $77 million in revenue. (medscape.com)
  • The Further Consolidated Appropriations Act, 2020 H.R. 1865 (Pub.L.116-94) , signed into law on December 20, 2019, has repealed the medical device excise tax previously imposed by Internal Revenue Code section 4191. (irs.gov)
  • In June of 2020, the House passed a $1.5 trillion infrastructure bill that includes a provision that would increase the federal Historic Tax Credit (HTC) from 20% to 30% for 5 years. (ncshpo.org)
  • However, Form 1099 can no longer be received through Coinbase, starting from the 2020 tax season. (buzzle.com)
  • Both houses of Congress are considering legislation to boost the tax rate to put more money in the Highway Trust Fund, which is headed for insolvency by 2020. (washingtontimes.com)
  • Effective Sept. 1, 2020 Marketplace Facilitators are required to collect sales taxes on sales facilitated for third party marketplace sellers on their website. (auroragov.org)
  • Read More Dear Tax Guy: 'This will eventually bite me in the behind': I have not filed my taxes since 2020. (medworm.com)
  • Records show that at least six Democratic members were penalized by the District of Columbia for failure to pay 2020 property taxes due at the end of March. (freebeacon.com)
  • If at the end of the year you've taken more advance payments of the premium tax credit than you're eligible for, you may have to pay money back when you file your federal income tax return. (healthcare.gov)
  • Nevada, which does not have an income tax, comes in second with 41.3 percent of state and local tax collections. (taxfoundation.org)
  • Tennessee, which does not tax wage income and fully phased out its investment income tax this year, is next with 40.8 percent, followed by Arizona at 40.5 percent. (taxfoundation.org)
  • All three states forgo an individual income tax and choose to raise a large portion of their revenue through the sales tax instead. (taxfoundation.org)
  • South Dakota additionally forgoes corporate income tax es. (taxfoundation.org)
  • This trade-off between income and sales can be a good thing, as it allows states to avoid relying on the less economically neutral individual income tax. (taxfoundation.org)
  • Effective for tax year 2019, the federal income tax deduction taxpayers may claim is prorated based on the taxpayer's Missouri adjusted gross income. (mo.gov)
  • Any withholding in excess of the tax owed will be refunded after the taxpayer files their individual income tax return. (mo.gov)
  • The income tax system in the U.S. is considered a progressive system, although it has been growing flatter in recent decades. (investopedia.com)
  • A flat tax is a single income tax rate that applies to all taxable income, no matter how much or how little. (investopedia.com)
  • A flat income tax system imposes the same percentage tax rate on everyone, regardless of income. (investopedia.com)
  • The new tax law made substantial changes to the tax rates and the tax base for the individual income tax. (taxpolicycenter.org)
  • The Tax Cuts and Jobs Act (TCJA) reduced statutory tax rates at almost all levels of taxable income and shifted the thresholds for several income tax brackets (table 1). (taxpolicycenter.org)
  • TCJA retained the preferential tax rates on long-term capital gains and qualified dividends and the 3.8 percent net investment income tax (NIIT). (taxpolicycenter.org)
  • Recognizing the cost associated with rehabilitating historic buildings, the Historic Tax Credit provides a 20% income tax credit to developers of income producing properties such as office buildings, retail establishments, rental apartments, and others. (ncshpo.org)
  • The Tesla and SpaceX CEO has an estimated federal and California income tax bill of $11 billion waiting for him. (entrepreneur.com)
  • Our experts break down the best tax filing software, how to get the best tax refund and the latest income tax news. (cnet.com)
  • Otherwise, frequent tax exemption aims at most common taxes as Income tax rate , Social Security Tax , Corporate Income Tax , and Excise Tax . (wikipedia.org)
  • The wedge (income tax plus social-security contributions from employees and employers) averaged 35.3% in 2011 and increased in 26 of the 34 OECD countries, mainly because of personal income tax. (economist.com)
  • As Albert Einstein may or may not have said, "The hardest thing in the world to understand is the income tax. (mit.edu)
  • Taxing Ourselves bridges the gap between the two by discussing the key issues clearly and without a political agenda: Should the federal income tax be replaced with a flat tax or sales tax? (mit.edu)
  • Authors and tax policy experts Joel Slemrod and Jon Bakija lay out in accessible language what is known and not known about how taxes affect the economy, offer guidelines for evaluating tax systems, and provide enough information to assess both the current income tax system and the leading proposals to reform or replace it (including the flat tax and the consumption tax). (mit.edu)
  • If you're an employer, you need to withhold Massachusetts income tax from your employees' wages. (mass.gov)
  • Withholding refers to income tax withheld from wages by employers to pay employees' personal income taxes. (mass.gov)
  • However, if you expect to owe more than $400 in Massachusetts income tax on the income you receive from your business, you must make individual estimated income tax payments. (mass.gov)
  • Indiana county resident and nonresident income tax rates are available via Department Notice #1 . (in.gov)
  • The Panic of 1907 contributed to the passage of the Sixteenth Amendment, in 1913, which granted Congress the right to levy an income tax, and to the establishment of a central banking system, the Federal Reserve. (newyorker.com)
  • This November, Massachusetts voters will have before them a Constitutional Amendment which will place a 4% income tax surcharge (on top of the existing 5%) for those residents earning $1 Million or more. (surveymonkey.com)
  • 11 . Are you taxed personally and for your small business under the same state income tax filing? (surveymonkey.com)
  • 12 . Would you support or oppose a new graduated income tax on personal income with tax rate increases that grow based on income? (surveymonkey.com)
  • 13 . Would you support or oppose an additional state income tax on any individual earning more than one million dollars per year in total income, including capital gains from the sales of homes, businesses and other assets? (surveymonkey.com)
  • 17 . D o you think any of your business contacts would leave the state if the state impose an 80 percent hike in the income tax for income in excess of $1 million? (surveymonkey.com)
  • Although it's only February, that's a key reason you should be thinking now about April 15 when your federal income tax return will be due. (baltimoresun.com)
  • 3. Abraham Lincoln gave us federal income tax. (mentalfloss.com)
  • Abraham Lincoln signed the Revenue Act in 1861, which imposed the first-ever federal income tax. (mentalfloss.com)
  • The law was almost instantly replaced with a new revenue act and would be repealed a decade later, but the relief obviously didn't last: In 1913, the 16th Amendment established the federal income tax system we all know today. (mentalfloss.com)
  • When the modern federal income tax was established, lawmakers set March 1 as the looming deadline. (mentalfloss.com)
  • This amount ebbs and flows a little bit every year based on the economy, fluctuating consumer incomes, and the IRS's withholding tables , which suggest how much employers should deduct from employee paychecks to account for income tax. (mentalfloss.com)
  • Photo (c) alfexe - Fotolia The federal income tax filing deadline is closing in, and consumers who haven't yet filed are no doubt making last minute preparations. (consumeraffairs.com)
  • Legislators heard a stream of testimony from lobbyists, local officials and citizens on increasing the sales tax and overhauling the personal income tax structure, two of the more controversial measures introduced by O'Malley (D) to eliminate a projected deficit of at least $1.5 billion. (taxfoundation.org)
  • In a hearing on O'Malley's income tax proposal - which would raise taxes on the state's wealthiest residents while providing a modest break for others - Montgomery County figured prominently. (taxfoundation.org)
  • The IRS has yet to announce when individuals and businesses can begin submitting their income tax returns. (cnn.com)
  • The Income Tax Department has reopened old assessments of at least a dozen global fund houses and private equity funds alleging under-reporting of income through the misuse of tax treaties. (indiatimes.com)
  • With the help of Warren Buffet, Barack Obama has demonstrated the unfairness of the income tax system. (timesheraldonline.com)
  • The amount due is adjusted based on factors such as taxable income and joint filing status, and is paid along with the taxpayer's income tax return. (typepad.com)
  • Select from the list of locations below to find the best income tax preparation office nearby in Washington. (libertytax.com)
  • A disturbing trend has surfaced: Many U.S. taxpayers are attempting to file their income tax forms only to find that they have already been filed by someone else purporting to be them. (ecommercetimes.com)
  • States and localities that border low-sales tax or no-sales tax jurisdictions often struggle to levy sales taxes with high rates, as these could prompt consumers to shop across the border . (taxfoundation.org)
  • After receiving no bids at the original sheriff's auction‚ the property is struck off to the taxing jurisdiction that requested the Order of Sale and then jointly owned by all of the taxing jurisdictions that participated in the tax suit. (pbfcm.com)
  • In many jurisdictions, the tax debt continues to grow despite the introduction of more successful collection strategies. (oecd.org)
  • In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues. (gurufocus.com)
  • As the reporting and automatic exchange on offshore financial accounts pursuant to the CRS becomes a reality in over 100 jurisdictions this year, many taxpayers that held undeclared financial assets offshore have come clean to their tax authorities in recent years, which has already led to over 85 billion of additional tax revenue. (oecd.org)
  • Most global funds channelled their investments in India via jurisdictions such as Mauritius and Singapore that allowed them to enjoy capital gains tax exemption. (indiatimes.com)
  • This is usually achieved by creating tax brackets that group taxpayers by income ranges. (investopedia.com)
  • I commented on several stories about taxpayers trying to pay tax bills with pennies. (blogspot.com)
  • As under prior law, taxpayers cannot claim a deduction for state and local taxes against the alternative minimum tax (AMT). (taxpolicycenter.org)
  • Some taxpayers who've had mortgage debt forgiven can exclude the canceled amount from their income for federal tax purposes. (nolo.com)
  • Nearly 3.5 million taxpayers have already received their payments through direct deposit, according to the state Franchise Tax Board. (cnet.com)
  • Tax break also known as tax preferences, tax concession, and tax relief , are a method of reduction to the tax liability of taxpayers. (wikipedia.org)
  • 2. Tax credits - Tax credits are a form of tax incentive, which allows taxpayers to subtract the amount directly owe on taxes to the state. (wikipedia.org)
  • Tax credits are frequently used to support taxpayers to promote favorable behaving. (wikipedia.org)
  • Nations like France, which dropped its wealth tax in 2018, learned the hard way that taxpayers don't sit idly by while the fruits of their life's labor are looted. (reason.com)
  • So, Republicans, if you really believe in lower taxes, think of that next time you feel generous with taxpayers' money. (reason.com)
  • The Royal Malaysian Customs Department ("RMCD") has introduced a Special Voluntary Disclosure & Amnesty Programme ("VA Programme") to encourage taxpayers both to come forward and voluntarily declare any indirect taxes, duties or levies that have been underpaid or erroneously reported, as well as to voluntarily settle any outstanding debts without dispute with the RMCD. (pwc.com)
  • Taxpayers now have a unique opportunity to get things right on their indirect taxes compliance without incurring any penalties. (pwc.com)
  • These principles focus on the timing of interventions in the tax debt cycle, from consideration of measures to prevent tax debt arising in the first place, to early and continuous engagement with taxpayers before enforcement measures, to effective and proportionate enforcement and realistic write-off strategies. (oecd.org)
  • Instead of admitting that their desire for these taxes come from a hunger for more power, money and cheap political points, politicians project their own desires onto taxpayers and consumers, hoping to convince them that such taxes are in their best interests. (washingtontimes.com)
  • While tax preparation software has made the task easier in recent years, tax preparers nonetheless caution taxpayers on some of the most common mistakes that are made. (consumeraffairs.com)
  • Okay, it should be no surprise that tax preparers are not big fans of software that allows taxpayers to prepare their own returns. (consumeraffairs.com)
  • Tax filing season usually begins in mid-January, and if the shutdown is resolved by then it may have little lasting impact on taxpayers. (cnn.com)
  • Right now there's a disincentive for older Californians who may be in bigger houses than they need to move out because they've got that Prop 13 base,' said Jon Coupal, president of the Howard Jarvis Taxpayers Association, one of the original groups that backed Prop 13 and now supports the portability tax measure. (cnbc.com)
  • With the automatic exchange of CRS information becoming a global reality this year, it is the right moment to get hold of those taxpayers and advisors that attempt to undermine the reporting on offshore assets and that try to play the new global tax transparency framework. (oecd.org)
  • The mandatory disclosure rules will be a powerful tool to detect taxpayers that continue to refuse to be compliant with their obligations to declare their assets and income to their tax authorities. (oecd.org)
  • Only the most recent law, the Jobs and Growth Tax Relief Reconciliation Act of 2003, is indexed by our search engine. (unclefed.com)
  • Understanding the extent to which stronger law enforcement affects the consumption of contraband tobacco is key given the significant tobacco tax increases recently implemented by the federal, Ontario and Quebec governments. (ssrn.com)
  • 9.5%, up to $15 million, to offset the decreased revenue from the existing taxes that may result from the voter-approved rate increases, and of this amount, 73% is further allocated to the tobacco tax cash fund and 27% to the general fund. (colorado.gov)
  • A progressive tax involves a tax rate that increases (or progresses) as taxable income increases. (investopedia.com)
  • During the post-war period, for example, Republicans have very publicly opposed most tax increases. (reason.com)
  • Under Prop 13, taxes on California homes are capped to 1 percent of the property's acquisition value and usually limited to just 2 percent annual increases, assuming the homeowner stays. (cnbc.com)
  • If they want to downsize or move closer to their children, they could face property tax increases of 100 percent, 200 percent or even 300 percent. (cnbc.com)
  • ANSWER: You are correct, despite increases in dividend tax rates over the years, dividends still retain a lower rate of personal taxation than salary, and enjoy exemption from national insurance (both employers and employee's) thus conferring significant tax advantages. (irishnews.com)
  • The commission is due to issue a report on November 15 recommending new taxes or increases in existing ones. (pahighways.com)
  • Ones targeted for increases are the 6% sales tax, 31.5¢/gallon gasoline tax, or the $36/year vehicle registration fee. (pahighways.com)
  • Raising taxes on tobacco products which leads to increases in their price makes tobacco less affordable. (who.int)
  • In the United States, clean indoor air acts and cigarette excise tax increases have resulted in a coincidental increase in smokeless tobacco use. (medscape.com)
  • Homeowners in Pennsylvania must pay property tax each year to the local taxing authorities. (nolo.com)
  • Homeowners in Michigan must pay property tax each year to the local taxing authorities, but should examine whether the tax amount is based on accurate figures and valuations. (nolo.com)
  • Tax authorities are adapting their enforcement strategies, focus and policies in response to the changing dynamics of business. (ey.com)
  • 09/03/2018 - Responding to a request of the G7, today, the OECD has issued new model disclosure rules that require lawyers, accountants, financial advisors, banks and other service providers to inform tax authorities of any schemes they put in place for their clients to avoid reporting under the OECD/G20 Common Reporting Standard (CRS) or prevent the identification of the beneficial owners of entities or trusts. (oecd.org)
  • The new rules released today target these persons and their advisers, by introducing an obligation on a wide range of intermediaries to disclose the schemes to circumvent CRS reporting to the tax authorities. (oecd.org)
  • The rationale for a progressive tax is that a flat percentage tax would be a disproportionate burden for people with low incomes. (investopedia.com)
  • The degree to how progressive a tax structure is depends upon how much of the tax burden is transferred to higher incomes. (investopedia.com)
  • On the pro side, a progressive tax system reduces the tax burden on the people who can least afford to pay. (investopedia.com)
  • A new tax break in some cases prevents from shifting the tax burden to tax heavens. (wikipedia.org)
  • Several new taxes could close the budget deficit, provide a windfall into future technology research, lower national health-care costs (for everyone), encourage business investment, or simply reduce your household's annual tax burden. (aol.com)
  • The commercial newcomers, in addition to possibly providing jobs, would expand the real estate tax base and remove some of the burden from homeowners, who now provide 95 percent of that base. (dailypress.com)
  • An active program of economic development, if successful, could result in taking some of the tax burden off of the homeowner for the improvement of city services," she said. (dailypress.com)
  • Getting an early start on your taxes can help you minimize your tax burden, increase deductions, and avoid the end of the year scramble. (score.org)
  • Leggett, who is pushing an alternative plan with a top rate of 5.5 percent, said Montgomery 's tax burden would be greater than Virginia 's and the District's under the plan. (taxfoundation.org)
  • Previously, California voters approved allowing the tax break within counties or reciprocity agreements between counties to transfer the property tax burden. (cnbc.com)
  • Even if onlya tax, the payment under §5000A(b) remains a burden that the Federal Government imposes for an omission, not an act. (typepad.com)
  • Saving lives with tobacco taxes lessens the enormous healthcare burden and economic losses that result from tobacco-related disease. (who.int)
  • A citizen's guide to the fascinating (though often complex) elements of the US tax system. (taxpolicycenter.org)
  • Learn more about the premium tax credit from the Internal Revenue Service. (healthcare.gov)
  • The tax credit information contained within this website is provided for informational purposes only and is not intended to substitute for expert advice from a professional tax/financial planner or the Internal Revenue Service (IRS). (energystar.gov)
  • The Internal Revenue Service announced tax relief and dyed diesel fuel penalty relief for storm victims following a disaster declaration for the entire state by the Federal Emergency Management Agency (FEMA). (drakesoftware.com)
  • An alternative is an "enrolled agent," a tax preparer who has been examined by the Internal Revenue Service and qualified to practice. (baltimoresun.com)
  • Persons in receipt of a dividend which when added to their other sources of income keeps them within the basic rate of tax, which is currently £50,270 are taxed at 8.75 per cent, which contrasts with the 20 per cent plus NIC rate paid on salaries of the same level. (irishnews.com)
  • If passed, the state's excise tax would rise from $1.41 to $2.46 a pack. (mysanantonio.com)
  • Raising the state's excise tax from $1.41 to $2.46 a pack would still leave at least eight states with higher cigarette taxes. (mysanantonio.com)
  • A California voter measure that expands the portability of a property tax break for homeowners age 55 and up could help ease the state's housing shortage. (cnbc.com)
  • Indeed, the official fiscal analysis done by the state's Legislative Analyst's Office estimates there would be losses in property tax revenues. (cnbc.com)
  • Concerns have been raised about lost tax revenue and even the funnelling of black-market revenue to organized crime and terrorist activities. (ssrn.com)
  • While the amount of contraband has been quite significant in both provinces, it has been particularly high for Ontario, with lost tax revenue of approximately $816 million to $900 million in 2014. (ssrn.com)
  • Lost tax revenue from current levels of contraband in Quebec is roughly a tenth of corresponding amounts in Ontario. (ssrn.com)
  • This week's map continues our look at state revenue sources, this time focusing on revenue collected through the general sales tax . (taxfoundation.org)
  • Sales taxes are the second largest source of state and local tax revenue, accounting for 23.3 percent of total U.S. state and local tax collections in fiscal year 2018 (the latest data available). (taxfoundation.org)
  • Today's map compares the extent to which sales taxes are responsible for tax revenue generation in each state. (taxfoundation.org)
  • Louisiana is the most reliant on sales tax revenue, with 42.3 percent of tax collections attributable to sales taxes. (taxfoundation.org)
  • Sales tax rate differentials can induce cross-border shopping and result in less government revenue. (taxfoundation.org)
  • In an attempt to ease implementation of the new withholding formula, the Department of Revenue chose to remove the federal tax deduction from the withholding tax calculation. (mo.gov)
  • The Department of Revenue has a number of tools available to help our customers when it comes time to pay their Missouri taxes, if they need assistance. (mo.gov)
  • If voters approve the tax, then the state will have the authority to impose these taxes and retain and spend the revenue as a voter-approved revenue change, and the remainder of the bill takes effect upon approval. (colorado.gov)
  • Distributors are required to file quarterly returns, and the department of revenue (department) may require electronic fund transfers of the taxes paid. (colorado.gov)
  • In general, 50% of the revenue from the new nicotine products tax and the additional cigarette and tobacco products taxes (new tax revenue) is allocated for purposes related to health care, and 50% is allocated for preschool programs and expanded learning opportunities. (colorado.gov)
  • Specifically, the new tax revenue is deposited in the old age pension fund and then credited to the general fund in accordance with the state constitution. (colorado.gov)
  • The state treasurer is then required to transfer 50% of the new tax revenue from the general fund to the behavioral health and health care affordability and accessibility cash fund (behavioral health fund). (colorado.gov)
  • Funds from your estate are used to pay Inheritance Tax to HM Revenue and Customs ( HMRC ). (www.gov.uk)
  • Recent studies have shown that far from being a subsidy, the historic tax credit actually stimulates more revenue than it costs - meaning it is a win-win for the American people. (ncshpo.org)
  • The U.K. government was just looking to a sector that was undertaxed and they looked at aviation where VAT doesn't apply to international passenger transport, where fuel is not taxed, and they thought, "Here's an opportunity to be able to raise some revenue. (forbes.com)
  • If you previously registered to file withholding, sales, FAB, CIT or other trust taxes, you must still file a $0 returns even if there is no tax revenue or activity for that period. (in.gov)
  • Passing a bill to increase revenue in a no-new-tax climate will be difficult. (mysanantonio.com)
  • The tax increase would generate about $375 million a year in extra revenue for Texas, according to Legislative Budget Board estimates. (mysanantonio.com)
  • Enacting a tax of $20 for every ton of emitted carbon that rises 4% annually would raise $111 billion in additional tax revenue in 2015 and $337 billion in 2050 (in 2012 dollars). (aol.com)
  • The taxes derived from the sale of tobacco, that revenue is used to pay for children's health care programs. (rushlimbaugh.com)
  • Republicans won't allow local officials to hold a referendum to increase their sales tax to raise revenue, Act 10 has provided tremendous savings for local governments but it doesn't apply to police and fire unions (which could provide more savings for local government), Republicans don't want local officials to cut their police budgets and residency rules have been banned. (biztimes.com)
  • One of the few ways local communities can increase revenue is if development occurs, which grows their tax base. (biztimes.com)
  • Wisconsin municipalities should have more potential sources of revenue so they don't have to rely so heavily on the property tax and state aids. (biztimes.com)
  • The model illustrates the impact of a tax change on the average retail price of cigarettes, cigarette consumption, and government excise tax revenue. (who.int)
  • You might wonder where the revenue from the beverage tax is allocated. (medscape.com)
  • As part of the campaign to pass the beverage tax, the city committed to allocating a large portion of that revenue toward funding universal pre-K. This increased the popularity and the policy support for the tax that we see in the city. (medscape.com)
  • Moreover, these taxes raise significant revenue that the government can use to fund important health and social programs in ways that could benefit our health over a longer time horizon. (medscape.com)
  • Through technical assistance from the WHO Framework Convention on Tobacco Control (FCTC) Knowledge Hub, the experts will be oriented on technical concepts related to tobacco taxation and exposed to hands-on practical sessions on the Tobacco Excise Tax Simulation Model (TETSiM) - a tax simulation model designed by the Research Unit on the Economics of Excisable Products (REEP) based at the University of Cape Town in South Africa. (who.int)
  • tax avoidance and tax evasion and the economic and health impacts of tobacco taxation. (who.int)
  • The report provides a special focus on tobacco taxation and in-depth analyses of tobacco taxes in all WHO Member States, allowing for a more detailed understanding of progress and future challenges in. (bvsalud.org)
  • Let us know if you think someone might be claiming a Council Tax discount or exemption that they are not entitled to. (buckinghamshire.gov.uk)
  • 3. Tax exemption - Tax exemption is frequently used to support specific organizations or subjects by removing subject liability to make compulsory payment. (wikipedia.org)
  • Lodger's Tax exemption for residential purposes has been clarified in that it only applies to natural persons. (auroragov.org)
  • The exemption from City sales and use tax is eliminated with the passage of ordinance number 2019-64. (auroragov.org)
  • In the long run, income before tax and taxable income will likely be more similar than they are in any given period. (gurufocus.com)
  • For over 80 years, our goal has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity. (taxfoundation.org)
  • Consumption taxes are generally more stable than income taxes in economic downturns as well. (taxfoundation.org)
  • Can tax cuts stimulate the economy, or will higher deficits undermine any economic benefit? (mit.edu)
  • This month, the federal government is trying to prevent a disaster of its own making: on January 1, 2013, unless Congress can agree to a plan that the President is willing to sign, the budget will run on austerity autopilot-across the board, taxes will increase and spending will be cut, by seven hundred billion dollars-which, worst case, could trigger a global economic crisis. (newyorker.com)
  • Just like in Berkeley, a study conducted by the Mexico Institute of Technology's Center for Economic Research showed that a 1 percent increase in the tax would only result in six fewer calories being consumed per day. (washingtontimes.com)
  • Study after study has called on policymakers to entertain the economic and environmental gains that could come from taxing carbon emissions, one of which from MIT went as far to call it a 'win-win-win' proposition. (aol.com)
  • (Section 143.191, RSMo) Withholding is the tax that an employer deducts and withholds from employees' wages every pay period. (mo.gov)
  • As an employer, you must withhold Massachusetts personal income taxes from all Massachusetts residents' wages for services performed either in or outside Massachusetts and from nonresidents' wages for services performed in Massachusetts. (mass.gov)
  • The poor lady is taxed for more than one-third of her hard-earned wages. (timesheraldonline.com)
  • While 45 states levy a statewide sales tax and 38 allow localities to collect separate sales taxes, four states levy neither a state nor a local sales tax: Delaware, Montana, New Hampshire, and Oregon. (taxfoundation.org)
  • Wyoming does not levy individual or corporate income taxes either but lands near the middle of the pack (26.5 percent) in terms of sales tax reliance due to its heavy reliance on severance tax collections. (taxfoundation.org)
  • That excludes taxes, which will collect that small amounts of money, that neither levy tax won't be paid by this collected amount. (wikipedia.org)
  • The VA Programme will cover the following indirect taxes administered by RMCD: Sales Tax, Service Tax, GST, Tourism Tax, Departure Levy, Import Duty, Export Duty and Excise Duty. (pwc.com)
  • There was such a floor when (property tax) levy limits were first introduced in 2006. (biztimes.com)
  • Lea Uradu, J.D. is graduate of the University of Maryland School of Law, a Maryland State Registered Tax Preparer, State Certified Notary Public, Certified VITA Tax Preparer, IRS Annual Filing Season Program Participant, Tax Writer, and Founder of L.A.W. Tax Resolution Services. (investopedia.com)
  • If even the thought of filling out the forms repels you and your finances are rather straightforward, you are safe in using a storefront tax preparer, some of the nation's top accountants believe. (baltimoresun.com)
  • Before you retain a tax preparer, get referrals from your lawyer, your neighbors or business associates. (baltimoresun.com)
  • A way to keep costs down when you use a professional tax preparer is to organize your receipts and documentation, says Howard W. Dragutsky, CPA, of Miller, Kaplan, Arase & Co. of North Hollywood, Calif. "If you're a 'shopping bag' taxpayer who comes in with a bag of unorganized receipts, someone has to put those records in order. (baltimoresun.com)
  • No matter what your scenario, there comes a time when you should consider hiring a professional tax preparer. (score.org)
  • If you cannot obtain a copy from your tax preparer, and you need copy (as opposed to a transcript), use Form 4506 (PDF), Request for Copy of Tax Return. (askmehelpdesk.com)
  • You can also use the FREE transcript and have a local tax preparer 'translate' it to the appropriate 2007 tax forms. (askmehelpdesk.com)
  • If his quite sensible preferred strategy of higher capital requirements doesn't reduce the amount of unhealthy leverage in the system, I fail to see what a tax will add except, well, a tax. (theatlantic.com)
  • But if similarities can be drawn between taxing tobacco products and unhealthy foods/ingredients, policymakers have reasons to entertain the idea. (aol.com)
  • A progressive tax system also tends to collect more taxes than flat taxes or regressive taxes, as the highest percentage of taxes is collected from those with the highest amounts of money. (investopedia.com)
  • Must I Collect Sales Tax When Renting My Vacation Home on a Site Like Airbnb? (nolo.com)
  • Most states require people who rent out their vacation homes to charge and collect state sales or lodging taxes on the income they earn from short-term rentals. (nolo.com)
  • Binance taxes cryptocurrency as property because that's how the U.S.A. and other countries collect it. (buzzle.com)
  • Businesses are required to continue to collect and pay the tax until the repeals effective date of Jan. 1, 2025. (auroragov.org)
  • Retailers are required to collect the Aurora sales tax rate of 3.75% on cigarettes beginning Dec. 1, 2019. (auroragov.org)
  • Note that failure to collect the sales tax does not remove the retailer's responsibility for payment. (auroragov.org)
  • Cigarettes are subject to tax effective Dec. 1, 2019. (auroragov.org)
  • If approved, the tax on large businesses would go into effect in January 2019. (kuow.org)
  • The study employs rigorous econometric methods in order to estimate the amount of smuggled cigarette cartons, along with associated lost tax revenues, in Quebec and Ontario from 2006 to 2014. (ssrn.com)
  • Given the magnitude of the decrease in estimated lost tax revenues as a likely consequence of stronger policing, and the risks to higher tobacco taxes undermining fruitful enforcement efforts, it appears that Ontario in particular would be better off by focusing on strengthening enforcement and regulation. (ssrn.com)
  • Although there was an initial drop in consumption during the coronavirus crisis, sales tax revenues have bounced back as many stores have reopened, and as people have moved much of their shopping online. (taxfoundation.org)
  • By announcing a new tax break state budget possibly deprecate some of their revenues from collecting taxes. (wikipedia.org)
  • Since tax proponents tell us they prefer to do the latter, the simulation assumes that wealth tax revenues would be used for redistribution in similar proportions to current spending. (reason.com)
  • Instead of taking in increased revenues from consumers, Oxford Economics found that instead the tax drove consumers out of the city. (washingtontimes.com)
  • Meanwhile, some groups representing local governments have previously expressed reservations about such initiatives because they see tax breaks on property tax as reducing the increase in property tax revenues that would would normally come from the sale of a home. (cnbc.com)
  • Projections in the report show that the recent tax increase that increased cigarette taxes to 65% of retail price is estimated to reduce cigarette consumption by 19% while increasing cigarette tax revenues by nearly 3.5 billion Egyptian pounds. (who.int)
  • If Egypt raises cigarette taxes by a further 5% so they account for 70% of the retail price, cigarette consumption could be reduced by 25%, and total increase in revenues could reach up to 5.2 billion Egyptian pounds" explained Dr Saleh. (who.int)
  • The most neutral form of sales tax would fall on final consumption of both goods and services at a low rate, while exempting business inputs. (taxfoundation.org)
  • The estate can pay Inheritance Tax at a reduced rate of 36% on some assets if you leave 10% or more of the 'net value' to charity in your will. (www.gov.uk)
  • It imposes a lower tax rate on low-income earners and a higher tax rate on those with a higher income. (investopedia.com)
  • A progressive tax imposes a higher tax rate on higher taxable incomes than lower ones. (investopedia.com)
  • If one tax code has a low rate of 10% and a high rate of 30%, and another tax code has tax rates ranging from 10% to 80%, the latter is more progressive. (investopedia.com)
  • But as is often the case, the tax became more complex over time.You can see why you would want to tax flights that are leaving the U.K. for places like Australia at a higher rate than you are if you're taxing flights that are going to nearer destinations like Morocco. (forbes.com)
  • That eccentricity was more accentuated, I think, with the U.S. If you have a flight from London to Boston, it should be taxed at the same rate as a flight to Honolulu or to Los Angeles because the boundaries were drawn to the nearest boundary to the U.K. to determine the banding. (forbes.com)
  • I mean, if you're taxing debt issuance, it will increase your interest rate or the points on the loan, which might put some pressure on leverage. (theatlantic.com)
  • The catch is that the residents who will get the service must pay for it themselves, because Poquoson is too rich to qualify for government grants and too reluctant to increase its real estate tax rate. (dailypress.com)
  • In testimony before lawmakers yesterday, Montgomery County Executive Isiah Leggett (D) said O'Malley's proposed top tax rate of 6.5 percent is too high. (taxfoundation.org)
  • Your pre-tax rate of return of x.x % equates to x.x % after taxes and inflation. (statefarm.com)
  • If the replacement property is higher value, though, there are still incentives under the portability measure since it keeps property tax benefits under the citizen-led Proposition 13 tax rate rollback passed in the 1970s. (cnbc.com)
  • It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. (gurufocus.com)
  • A one-time low repatriation tax charge, changing to a territorial tax system, a 20% corporate tax rate, an ability to deduct dividends, and other rules, could well relegate offshore tax haven machinations to the back burner. (newsmax.com)
  • Buffet, an employer, has a tax rate of 17.4 percent, while his secretary pays 35.8 percent on her earnings. (timesheraldonline.com)
  • So I"m assuming this means our king, er, president, wants us to have a biblically fair tax rate, but don"t get excited. (timesheraldonline.com)
  • This creates an effective tax rate of over 60 per cent, which confusingly reduces back to 39.35 per cent on dividend earnings above £125,140. (irishnews.com)
  • Such arrangements seek to even out salaries and dividends between married owners so that as little as possible of their joint income falls into the higher rate or the additional rate of tax. (irishnews.com)
  • Rate of tax. (bvsalud.org)
  • When the employee calculates his income taxes for the year, the amount of taxes withheld helps determine whether a refund is issued to the taxpayer (more was withheld than necessary) or whether the taxpayer owes more in tax (less tax was withheld than necessary). (mo.gov)
  • I noted that the basic question of whether it is permissible to pay one's taxes with pennies sometimes develops into more volatile situations, such as the taxpayer who was arrested after dumping the pennies all over the tax office, and the taxpayer who got into an argument when he tried to record the payment transaction. (blogspot.com)
  • The story that triggered that commentary in August of 2015 involved a taxpayer who was unable to find 83,160 pennies after visiting 15 banks over a three-day period, and who ended up paying his real estate property tax bill with an assortment of coins and paper currency. (blogspot.com)
  • TCJA created a new nonrefundable $500 credit for other dependents, including children who are too old to be eligible for the CTC, full-time college students, other adult members of the household for whom the taxpayer provides significant financial support, and children who would otherwise be eligible for the $2,000 child tax credit but lack a valid social security number. (taxpolicycenter.org)
  • Using the clear language that has been a hallmark of earlier editions, Slemrod and Bakija lead the citizen taxpayer through the jungle of tax provisions and jargon to an understanding of how the tax system affects our lives, how we might do better, and what roadblocks stand in the way. (mit.edu)
  • According to the IRS , the average taxpayer spends about 11 hours doing record-keeping, tax planning, form submission, and other super fun tax-related activities. (mentalfloss.com)
  • Understand the process of obtaining a business license in Aurora, taxpayer rights and responsibilities, taxes you may have to pay, and the reason that audits are conducted. (auroragov.org)
  • During 2005 and 2006, the Federal Trade Commission received 92,570 taxpayer complaints related to employment-related and tax fraud identity theft, according to a recent report from the U.S. Treasury Department. (ecommercetimes.com)
  • The Supreme Court has officially killed Donald Trump's last-ditch attempt to keep his tax returns out of Congress's hands. (vanityfair.com)
  • No one would doubt that this law imposed a tax, and was within Congress's power to tax. (typepad.com)
  • Second, Congress's ability to use its taxing power toinfluence conduct is not without limits. (typepad.com)
  • Third, although the breadth of Congress's power to taxis greater than its power to regulate commerce, the taxingpower does not give Congress the same degree of controlover individual behavior. (typepad.com)
  • In place of dependent exemptions, TCJA increased the child tax credit (CTC) and created a new $500 tax credit for dependents not eligible for the child tax credit (table 2). (taxpolicycenter.org)
  • Tax exemptions for citizens, which live or work abroad are also significantly represented in the tax break framework. (wikipedia.org)
  • The TCJA made significant changes to tax rates, deductions, tax credits and withholding calculations, and changed the value of personal exemptions to zero. (mass.gov)
  • If you have received a bill that shows a credit on your council tax account and you live in the Aylesbury or Wycombe areas, we can refund the money back to your bank account. (buckinghamshire.gov.uk)
  • If you get a call claiming to be from Buckinghamshire Council and asking for your bank details to make a Council Tax refund, it's a scam. (buckinghamshire.gov.uk)
  • If Student Debt Relief Passes, Will Loan Forgiveness Wipe Out Your Tax Refund? (cnet.com)
  • With the child tax credit and several other tax breaks returning to normal, your refund may be a bit smaller. (cnet.com)
  • 6. The average American gets about $3000 back from their tax refund each year. (mentalfloss.com)
  • It's worth pointing out that a huge tax refund isn't necessarily a great goal: It basically means you gave the government an interest-free loan that year. (mentalfloss.com)
  • Spending your tax refund before it arrives? (ecommercetimes.com)
  • The model can be customized to any country context and can simulate any tobacco tax reform. (who.int)
  • In the 2018 legislative session, House Bill 2540 was passed and amended Section 143.171, RSMo , related to the federal tax deduction. (mo.gov)
  • TCJA limited the itemized deduction for total state and local taxes to $10,000 annually, for both single and joint filers, and did not index that limit for inflation. (taxpolicycenter.org)
  • Learn what you can include in your property tax deduction. (nolo.com)
  • 1. Tax deduction - Tax deduction is a reduction of gross income. (wikipedia.org)
  • It will also maximize your standard deduction and entitle you to tax benefits that are otherwise not available. (ovlg.com)
  • Prior to the repeal, the tax was on a 4-year moratorium. (irs.gov)
  • Several states hold a sales tax holiday each year. (taxfoundation.org)
  • The license costs $10 per year and requires that the distributor must have a tax license and comply with all of the laws relating to the collection of the tax. (colorado.gov)
  • Enron Corp. created a series of intricate tax-reduction transactions that boosted its reported profits by nearly $1 billion between 1995 and last year, significantly exaggerating the size and strength of its operations, according to internal company documents obtained from the company's former top tax executive. (washingtonpost.com)
  • Alvarado proposes to use $25 million a year for anti-smoking programs and the remainder for property tax cuts. (mysanantonio.com)
  • In the return for tax year 1990, you have to take into consideration the fact that you can deduct half of your self-employment tax before you can calculate your self-employment income. (baltimoresun.com)
  • The story remains the same in Philadelphia, a city that implemented its own soda tax of one-and-a-half cents-per-ounce last year. (washingtontimes.com)
  • I wrote a lengthy article earlier this year detailing the benefits of a national carbon tax. (aol.com)
  • That date stood until 1955, after Congress acknowledged that doing your taxes was getting more complicated by the year. (mentalfloss.com)
  • The amount of time we spend doing our taxes every year suggests that the repeated date changes may have been justified. (mentalfloss.com)
  • The hour will be dedicated to answering your tax-related questions and concerns and offer tax advice you can implement throughout the year. (score.org)
  • The deadline for payout of minimum distributions is the close of the following year and failure to payout the required amount results in a 30% excise tax and tax applies again each year until the foundation pays out the shortfall. (eidebailly.com)
  • Generally, tripping up on this rule will result in a penalty of 10% of the greatest value of excess holdings during the year and if not corrected a 2nd tier tax of 200% of the excess holdings. (eidebailly.com)
  • Claim credit for elderly or disabled and rollover the amounts from an eligible retirement plan (other than Roth IRA) if you lived with your spouse any time during the tax year. (ovlg.com)
  • Your home was the main home of your child, stepchild or foster-child for than half of the tax year. (ovlg.com)
  • Bankrupt crypto lender BlockFi said its CEO cashed out close to $10 million from the platform to pay taxes last year as FTX provided about $15 million in payments to certain insider accounts as part of a confidential settlement. (medworm.com)
  • It's a new year, and many people are already anticipating the need to get their taxes in order. (advantageccs.org)
  • A head tax could raise between $25 and $75 million per year, according to city estimates. (kuow.org)
  • There is a growing chance that this tax season you'll learn for the first time that you were the victim of identity theft at some point during the last year. (ecommercetimes.com)
  • A Kim spokesman blamed a mortgage company for the late payments, telling the Washington Free Beacon , "Congressman Kim recently refinanced his home earlier this year, at which time a prepayment was made to the escrow account to cover property taxes. (freebeacon.com)
  • The World Health Organization Eastern Mediterranean Regional Office seizes this opportunity to stress on the importance of maintaining a firm grip on the health benefits resulting from the tobacco products tax increase enforced last year. (who.int)
  • Consumption taxes (like sales taxes) are more economically neutral than taxes on capital and income because they target only current consumption. (taxfoundation.org)
  • Income taxes fall on both present and future consumption, thus partially acting as a tax on investment by capturing savings. (taxfoundation.org)
  • The excise tax is levied on the sale, use, consumption, handling, or distribution of all nicotine products in the state, and it is imposed on a distributor at the time the product is brought into the state, made here, or shipped or transported to retailers in the state. (colorado.gov)
  • The evidence to date indicates that these beverage taxes lead to significant reductions in purchases and consumption of sweetened drinks, and we think that would be likely to improve health outcomes. (medscape.com)
  • How did the Tax Cuts and Jobs Act change personal taxes? (taxpolicycenter.org)
  • The Tax Cuts and Jobs Act made significant changes to individual income taxes and the estate tax. (taxpolicycenter.org)
  • The Tax Cuts and Jobs Act eliminated personal casualty and theft losses except for those related to a presidentially declared disaster. (nolo.com)
  • Income taxes aren't due for five months, but taking these tax-reduction steps now could pay off big in April. (cnet.com)
  • These studies found that the implementation of the Philadelphia beverage tax resulted in a reduction in sales of taxed beverages in Philadelphia from 22% to as high as 38% , depending on the study. (medscape.com)
  • Before I knew it, I was writing and editing tax-related articles for Taxing Subjects, and this has been my home since 2014. (drakesoftware.com)
  • On the other hand, a new tax break stimulates the economy of subjects in the state, which could possibly strengthen the increase of outcomes that will be taxed. (wikipedia.org)
  • You may want to increase the amount of tax credit you take in advance so you have a lower premium bill each month. (healthcare.gov)
  • But the amount of contraband has declined over time for both provinces and coincided with an increase in excise cigarette taxes. (ssrn.com)
  • To create a tax on nicotine products that is equal to 62% of the manufacturer's list price, which is the same total tax as the tax levied on tobacco products with the increase. (colorado.gov)
  • Non-refundable credits could possibly increase owned tax to zero, but no overlap will be paid to the subject backward. (wikipedia.org)
  • The business and tax landscapes have changed dramatically, and the pace and complexity of change continues to increase. (ey.com)
  • For instance, members which are "pass-through" entities may be disproportionately harmed under this tax increase. (surveymonkey.com)
  • To save the anti-smoking effort, Rep. Carol Alvarado , D-Houston, is pushing a bill to increase the state cigarette excise tax by $1.05 per pack. (mysanantonio.com)
  • Hilderbran said Alvarado does not have enough support in his committee to recommend a cigarette tax increase "at this time. (mysanantonio.com)
  • The city implemented a one cent-per-ounce tax in 2014, which could increase costs by almost 75 percent. (washingtontimes.com)
  • Washington officialdom in its genius has chosen this time to start working up support for an increase in the federal gasoline tax. (washingtontimes.com)
  • But a gasoline tax increase when the nation faces a $4-plus trillion budget while laboring under debt somewhere north of $22 trillion will hardly raise a cheer for a president who tolerates such. (washingtontimes.com)
  • They have to rely on property taxes and fees, and there's a limit to how much they are allowed to increase property taxes. (biztimes.com)
  • Two years ago, a coalition that included the Metropolitan Milwaukee Association of Commerce and the Greater Milwaukee Committee backed an increase in the Milwaukee County sales tax to reduce property taxes and fund local government. (biztimes.com)
  • Gov. Tony Evers' wants to allow local communities to increase their sales tax, if approved by voters, but the idea was quickly rejected by Republicans in the Legislature. (biztimes.com)
  • The rich are getting a $100 billion cut on their capital gains taxes while the working class is getting a $50 billion tax increase on its furniture and computer gadgets. (motherjones.com)
  • This tax increase will prevent nearly 1.6 million Egyptians from smoking and can save over 450 000 lives. (who.int)
  • It is time to put an end to "pink taxing," the practice of charging women and girls more than men and boys for shampoo, conditioner, other personal hygiene products as well as pink-colored products. (seattleschild.com)
  • You'll be ready to offer the tax planning and compliance advice your individual corporate clients need, enhancing your skill set and areas of practice. (luc.edu)
  • Loyola Law students are bright, hardworking and receptive to learning how to practice business and tax law. (luc.edu)
  • A regressive tax takes a larger percentage of income from low-income individuals than from those with high income. (investopedia.com)
  • A sales tax is an example of a regressive tax. (investopedia.com)
  • The opposite of a progressive tax, a regressive tax takes a larger chunk of disposable income from low-wage earners than from high-wage earners. (investopedia.com)
  • If ever there was a regressive tax to hit lower-income Americans harder than it hits their wealthy neighbors, this is the one. (washingtontimes.com)
  • The withholding tax tables , withholding formula , MO W-4 , Missouri Employer's Tax Guide (Form 4282) , and withholding tax calculator have been updated. (mo.gov)
  • How Much Does Your State Rely on Sales Taxes? (taxfoundation.org)
  • Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and global levels. (taxfoundation.org)
  • To What Extent Does Your State Rely on Sales Taxes? (taxfoundation.org)
  • Alaska is the only state that permits local sales taxes without imposing a state sales tax. (taxfoundation.org)
  • How High Are Sales Taxes in Your State? (taxfoundation.org)
  • When Are Sales Tax Holidays in Your State? (taxfoundation.org)
  • Get facts about taxes in your state and around the U.S. (taxfoundation.org)
  • Under prior law, itemizers could claim deductions for all state and local property taxes and the greater of income or sales taxes (subject to overall limits on itemized deductions). (taxpolicycenter.org)
  • Always eager to demonstrate its progressive cred, California is considering adopting such a tax , which would make that state the first in the nation to do so. (reason.com)
  • Citizens should read Taxing Ourselves before casting their votes in local, state, and national elections. (mit.edu)
  • Withholding state income taxes from your employees who reside in or are employed in Massachusetts and sending in those taxes, along with the appropriate form or electronic return, on time. (mass.gov)
  • Taxing trade made medieval monarchs rich and funded the early-modern state. (newyorker.com)
  • 15 . Would you leave the state if your income was taxed at 9 percent rather than 5 percent? (surveymonkey.com)
  • 16 . Do you think wealthy individuals would leave the state if the majority of their income were taxed at 9 percent rather than the current 5 percent? (surveymonkey.com)
  • Just like New York, his nanny-state approach failed, likely because 87 percent of Cook County residents said they opposed the tax. (washingtontimes.com)
  • New York state, which tacks on the highest taxes per pack in the nation, has seen smoking prevalence drop 20% in the decade since 2003-2004. (aol.com)
  • Apparently, there was a biennial event called the Following of Horus, when the pharaoh went around collecting taxes in his dual roles as head of state and living incarnation of the god Horus. (mentalfloss.com)
  • Maryland Gov. Martin O'Malley's recent tax proposal is currently the subject of heated debate in a special session at the state legislature. (taxfoundation.org)
  • Neither State Farm® nor its agents provide tax or legal advice. (statefarm.com)
  • The base state sales tax has been 6% since the early 1970s, and doesn't cover food nor clothing! (pahighways.com)
  • A state senator from Monroeville has proposed eliminating the 31.2¢/gallon gasoline tax to give drivers a break at the pump. (pahighways.com)
  • Other reliefs, such as Business Relief , allow some assets to be passed on free of Inheritance Tax or with a reduced bill. (www.gov.uk)
  • The difficult question, which continues to be debated, is whether a person, business, organization, or government agency can refuse to accept currency or coins as payment for a debt, a public charge, a tax, or dues. (blogspot.com)
  • See what you need to know about business and corporate taxes, plus discover news and tips on tax filings and refunds. (entrepreneur.com)
  • The tax was changed over time so that it would tax business travelers because you're taking up more space in the sky, using more fuel, etc. (forbes.com)
  • Hermann said he grew increasingly uneasy in recent years as more and more of the company's reported profits came from one-time tax transactions rather than business operations. (washingtonpost.com)
  • Joel Slemrod is Paul W. McCracken Collegiate Professor of Business Economics and Public Policy and Professor of Economics at the University of Michigan, where he is also Director of the Office of Tax Policy Research. (mit.edu)
  • If you work in or have business income from Indiana, you will likely need to file a tax return with us. (in.gov)
  • You will find information on how to register or close your business, make changes to your account, and file and pay your taxes online. (in.gov)
  • You will also find answers to frequently asked questions as well as all the business tax forms and publications you might need. (in.gov)
  • 10 . Is your business income taxed in states other than Massachusetts? (surveymonkey.com)
  • Yes, both my personal tax and business tax are filed together. (surveymonkey.com)
  • No, my personal taxes and business taxes are filed separately. (surveymonkey.com)
  • Join us for this LIVE Q&A session with certified CPA and small business tax expert Micah Fraim. (score.org)
  • To help small business owners and entrepreneurs save taxes through legitimate and easy ways, we asked experienced entrepreneurs and financial advisors this question for their best strategies. (score.org)
  • In this webinar, you will learn how to select the ideal tax credit for your business and see what you qualify for. (score.org)
  • No tax returns, no blind trust, no divestment: Donald Trump has ignored calls to put his country before his business. (vanityfair.com)
  • Excess business holding is generally defined as the ownership of more than the minimal portion of an active trade or business activities of which do not directly advance the organization's tax-exempt purpose. (eidebailly.com)
  • Aurora offers a free workshop designed to help new and existing businesses understand business licensing and taxes. (auroragov.org)
  • Appearing at the quarterly meeting of the Business Roundtable, Mr. Obama identified tax policy, trade, infrastructure and immigration as potential areas for legislative progress with Republican lawmakers. (wsj.com)
  • The Trump tax reform places its primary emphasis on capital going for private sector business expansion and job creation rather than being taxed and wasted on government pork projects. (newsmax.com)
  • It was a hard-fought political battle, but Trump's tax reform for business comes out a winner. (newsmax.com)
  • The LLM in Tax Law degree program offers valuable training for practicing attorneys looking to stay on top of the latest in tax law, corporate law or general business law. (luc.edu)
  • This point is all too often neglected by business owners with serious tax implications, often years later during a PAYE inspection, when previously taken 'dividends' are ruled to have been earnings subject to PAYE. (irishnews.com)
  • Europe has traditionally shown a greater affinity for taxing wealth than the United States. (reason.com)
  • Policy makers of all stripes need to abandon their affinity for soda taxes. (washingtontimes.com)
  • 14 . Do you have a financial plan in place that considers Massachusetts income taxed at a flat 5 percent? (surveymonkey.com)
  • In this approach, Offload Modeling assumes the invocation tax is paid only for the first time the kernel executes. (intel.com)
  • By default, Offload Modeling estimates invocation taxes using the pessimistic approach and assumes the invocation tax is paid each time the kernel is launched. (intel.com)
  • Canceled Mortgage Debt: What Happens at Tax Time? (nolo.com)
  • In 2000 alone, $296 million, or 30 percent of the profit that Enron recorded in its annual report to shareholders, came from these one-time tax-saving strategies -- rather than the company's energy supply and trading businesses, former Enron managing director and general tax counsel Robert J. Hermann told The Washington Post. (washingtonpost.com)
  • Enron is focusing on these tax issues and their impact at the present time," said the company's attorney, Robert Bennett. (washingtonpost.com)
  • To reduce billable time to the client, Oppenheimer asks his clients to fill out an "organizer" -- a questionnaire laid out in tax return format. (baltimoresun.com)
  • Time and again we hear politicians from different parts of the country profess the virtues of a soda tax. (washingtontimes.com)
  • Researchers have had a difficult time modeling how taxing sugar would reduce obesity rates, if at all. (aol.com)
  • 5. We spend a lot of time doing our taxes. (mentalfloss.com)
  • There is no cookie-cutter method for filing taxes, and securing the help from a licensed professional like an enrolled agent is the best way to save time and money now, and avoid headaches later," Adelman said. (consumeraffairs.com)
  • With Americans already paying more to keep their cars on the road, if there is ever a good time to raise that tax, it's not now. (washingtontimes.com)
  • Time is up for tax evaders and their advisors that still want to game the rules and continue to hide assets offshore", Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration said today. (oecd.org)
  • We have nonetheless maintained that "'there comes a time in the extension of the penalizing features of the so-called tax when it loses its character as such and becomes a mere penalty with the characteristics of regulation and punishment. (typepad.com)
  • Several members of the House Democratic caucus were penalized for failing to pay taxes on their Washington, D.C., properties on time, according to city tax records. (freebeacon.com)
  • Help us continue our work by making a tax-deductible gift today. (taxfoundation.org)
  • Are Home Repairs Tax Deductible? (nolo.com)
  • What Home Improvements Are Tax Deductible? (nolo.com)
  • We're a nonprofit (so it's tax-deductible), and reader support makes up about two-thirds of our budget. (motherjones.com)
  • Although Nevada, Tennessee, and South Dakota (39.3 percent) all rely heavily on the sales tax, they are not high-tax states. (taxfoundation.org)
  • Homeowners in New Jersey who feel their property is too heavily taxed have a potential remedy. (nolo.com)
  • A House Committee has sued the Treasury Secretary to obtain Trump's tax returns, after he refused to comply with a subpoena for the documents. (vanityfair.com)
  • Will a New York Probe Finally Reveal Trump's Tax Returns? (vanityfair.com)
  • Allen Weisselberg, a longtime executive for Donald Trump's real estate empire whose testimony helped convict the former president's company of tax fraud, is set to be sentenced Tuesday for dodging taxes on $1.7 million in job perks. (medworm.com)
  • Lea has worked with hundreds of federal individual and expat tax clients. (investopedia.com)
  • According to 31 U.S.C. section 5103 , "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. (blogspot.com)
  • How Could We Improve the Federal Tax System? (taxpolicycenter.org)
  • The Federal Rehabilitation Tax Credit, otherwise known as the Historic Tax Credit, is one of the most powerful historic preservation tools we have. (ncshpo.org)
  • The fourth edition of this popular guide has been extensively revised to incorporate the latest information, covering such recent developments as the Bush administration's tax cuts (which expire in 2011) and the alternatives proposed by the President's Advisory Panel on Federal Tax Reform. (mit.edu)
  • This book is a most timely and thoughtful discussion of the federal tax system and current proposals for its reform. (mit.edu)
  • 7. In 1836, the federal government of the United States had a tax surplus of around $30 million. (mentalfloss.com)
  • Despite the gas pains, there's growing support at both ends of Pennsylvania Avenue for boosting the federal gasoline tax, which has stood at 18.4 cents a gallon for gasoline and 24.4 cents for diesel for nearly a quarter of a century. (washingtontimes.com)
  • The country's tax collector is among the federal agencies affected by the government shutdown, now in its second week. (cnn.com)
  • It might surprise you to learn how many days you may have to work to pay your estimated federal tax liability (including Social Security tax withholdings). (calcxml.com)
  • The Trump tax reform, despite being limited because of the Senate's Byrd Rule and the filibuster rule, on-balance accomplishes important long-overdue fundamental course corrections in the federal income and estate tax law. (newsmax.com)
  • Upholding the individual mandate under the Taxing Clause thus does not recognize any new federal power. (typepad.com)
  • The ex-president sure sounds like a guy who's committed all manner of tax fraud. (vanityfair.com)
  • That is just one effect of the growing problem of tax-related identity fraud, Bryan Ansley, CEO of Secure Identity Systems, told the E-Commerce Times. (ecommercetimes.com)
  • When you apply for coverage in the Health Insurance Marketplace®, you'll find out if you qualify for a "premium tax credit" that lowers your premium - the amount you pay each month for your insurance plan. (healthcare.gov)
  • Joint filing usually lowers your tax considerably, when compared to other statuses. (ovlg.com)
  • Many factors can affect sales tax reliance. (taxfoundation.org)
  • Another consideration is the tax base, the transactions that are subject to the sales tax. (taxfoundation.org)
  • If two individuals, one rich and one poor, both buy an identical bag of groceries, both pay the same amount of sales tax. (investopedia.com)
  • This sales tax will be remitted as part of your regular city of Aurora sales and use tax filing. (auroragov.org)
  • The governor's proposal to allow larger municipalities to have a local option sales tax if it is approved by a referendum is a good step," Ponto said. (biztimes.com)
  • The local option sales tax could be used, in part, to reduce property taxes. (biztimes.com)
  • As you might imagine, people were extremely unhappy about it, especially small producers of whiskey, who, because of the way the tax was structured, had to pay nine cents per gallon in taxes, while larger producers were able to get as low as six cents. (mentalfloss.com)
  • It provided a tax credit to a facility for 10 years of 1.5 cents per kWh of electricity generated. (wind-watch.org)
  • The fourth edition of a popular guide to the key issues in tax reform, discussing the current system and alternative proposals clearly and without a political agenda. (mit.edu)
  • Indeed, to follow the debate over tax reform, the interested citizen is forced to choose between misleading sound bites and academic treatises. (mit.edu)
  • A major impediment to rational tax reform is that most politicians, journalists, and citizens fail to grasp the key issues. (mit.edu)
  • The differences between the tax reform provisions of the House and the Senate are not significant as these things go. (newsmax.com)
  • Like every piece of tax legislation, this tax reform effort is complicated and, for most, incomprehensible. (newsmax.com)
  • To drum up funds for the Civil War , Lincoln and Congress enacted a modest 3 percent tax on income over $800, which would be roughly $23,000 today. (mentalfloss.com)
  • If it is troubling to interpret the Commerce Clause as authorizing Congress to regulate those who abstainfrom commerce, perhaps it should be similarly troubling topermit Congress to impose a tax for not doing something. (typepad.com)
  • Sustaining the mandate as a tax depends only on whether Congress has properly exercised its taxing power to encourage purchasing health insurance, not whether it can. (typepad.com)
  • Following Gonzalez in taxes owed to the district is Casten, an Illinois Democrat who has faced criticism for declaring his D.C. condo as his primary residence while running for Congress in Illinois. (freebeacon.com)
  • As well it depends on the type of tax break. (wikipedia.org)
  • The value of tax credit depends on the type of credit. (wikipedia.org)
  • Today I'm going to talk about sugary drink taxes and the potential for these taxes to improve health outcomes. (medscape.com)
  • There is widespread consensus that higher cigarette taxes are the most effective policy tool in reducing population smoking rates and tobacco-induced mortality, but the efficacy of such taxes is tempered by the possibility of a rise in smuggling and the availability of contraband tobacco. (ssrn.com)
  • The Tax Foundation is the nation's leading independent tax policy nonprofit. (taxfoundation.org)
  • Here to talk to us about aviation taxes worldwide is Jeremy Cape, a tax policy partner with Squire Patton Boggs in London. (forbes.com)
  • Slemrod and Bakija provide us with the knowledge and the tools-including an invaluable voter's guide to the tax policy debate-to make our own informed choices about how we should tax ourselves. (mit.edu)
  • The newest edition of Taxing Ourselves provides a comprehensive treatment of the issues and a fresh look at recent developments in US tax policy. (mit.edu)
  • Even those who understand much about taxes may be naïve about tax policy. (mit.edu)
  • Beyond the fact that soda taxes are bad policy and wildly unpopular, they are altogether unnecessary. (washingtontimes.com)
  • Media queries should be directed to Pascal Saint-Amans , Director of the OECD Centre for Tax Policy and Administration (+33 1 45 24 91 08) or Achim Pross , Head of the International Co-operation and Tax Administration Division (+33 1 45 24 98 92). (oecd.org)
  • I love seeing students discover that tax law isn't just boring and mechanical, but is a series of fascinating puzzles with hidden policy goals and compromises. (luc.edu)
  • One policy that's become increasingly popular in recent years is sugary drink taxes. (medscape.com)
  • In that way, beverage taxes represent a win-win of a policy. (medscape.com)
  • This new volume of the IARC Handbooks of Cancer Prevention in Tobacco Control presents a critical review and evaluation of the evidence by 25 international experts from twelve countries on the economics, epidemiology, public policy and tobacco control aspects of tax and price policies. (who.int)
  • Interpreting such a law to be a tax would hardly "[i]mpos[e] a tax through judicial legislation. (typepad.com)
  • We have completed the Council Tax system upgrade but there may still be some delays whilst we process our backlog of requests. (buckinghamshire.gov.uk)
  • Every tax break must go through the Legislative system to be accepted by authorized institutions to become valid. (wikipedia.org)
  • Click here for more on Maryland's tax system. (taxfoundation.org)
  • On his other district home, he owed the property tax itself of $3,519.39, along with $52.79 in interest and $351.94 in penalties, according to MyTax DC, the D.C. Office of Tax and Revenue's online tax system. (freebeacon.com)
  • I am for the private investment if it means improving the highway system, but not for the taxes. (pahighways.com)