• taxpayers
  • Now that John McCain has joined George W. Bush in presenting a major tax-cut plan, the two GOP candidates are engaged in a debate that is, by conservative standards, unusual: Whose proposal does the most for taxpayers in the middle and lower portions of the income scale? (prospect.org)
  • An income tax is a tax imposed on individuals or entities ( taxpayers ) that varies with their respective income or profits ( taxable income ). (wikipedia.org)
  • payments
  • Most jurisdictions require self-assessment of the tax and require payers of some types of income to withhold tax from those payments. (wikipedia.org)
  • Earlier this month, Linn County District Court Judge Lynne Brady ordered the revenue department to refund state income tax payments made by Arlo Hagge, a retired federal employee in Cedar Rapids. (americanbanker.com)
  • The rate of interest for Development Land Tax, Petroleum Revenue Tax (including Supplementary Petroleum Duty and Advanced Petroleum Revenue Tax), and on Advance Corporation Tax and Income Tax on Company Payments which became due on or before 13 October 1999 paid late or overpaid has increased from 5.75 per cent to 6.5 per cent. (accountancyage.com)
  • The rate of interest on late payment of Income Tax on Company Payments which became due on or after 14 October 1999 has increased from 7.5 per cent to 8.5 per cent. (accountancyage.com)
  • federal
  • Given his circumstances, it's not entirely surprising that Peterson is an outspoken opponent of the federal government's two most progressive (and successful) programs: the graduated income tax and Social Security. (prospect.org)
  • But few analysts were willing to admit the obvious: Bush's plans to reverse the tight fiscal policies of the Clinton years with big upper-income tax cuts and hugely expensive privatization of Social Security have made Alan Greenspan and the Federal Reserve more reluctant to cut interest rates. (prospect.org)
  • People often talk about how the federal income tax should not push people deeper into poverty. (prospect.org)
  • In 1918, some 85% of American households paid no income tax at all, and almost 80% of federal income tax revenue came from the top one-half of one-percent of households. (schalkenbach.org)
  • Then there's the corporate income tax, which back in the 1920s yielded almost a third of federal revenues. (schalkenbach.org)
  • CHICAGO -- The Iowa Department of Revenue and Finance will appeal a district court decision that could cost as much as $50 million in retroactive state income tax refunds to federal government pensioners, a state official said yesterday. (americanbanker.com)
  • paid
  • The rate of interest charged on income tax, capital gains tax, stamp duty and stamp duty reserve tax paid late and on tax charged by an assessment for the purpose of making good to the Crown a loss of tax wholly or partly attributable to failure or error by the taxpayer has increased from 7.5 per cent to 8.5 per cent. (accountancyage.com)
  • date
  • The inception date of the modern income tax is typically accepted as 1799, at the suggestion of Henry Beeke , the future Dean of Bristol . (wikipedia.org)
  • health
  • We build a general equilibrium model with endogenous saving, labor force participation, work hours and social security benefit claiming, in which overlapping generations of individuals face income, survival and health expenditure risks in incomplete markets. (repec.org)
  • concept
  • The concept of taxing income is a modern innovation and presupposes several things: a money economy , reasonably accurate accounts , a common understanding of receipts, expenses and profits , and an orderly society with reliable records. (wikipedia.org)
  • Practices such as tithing , or an offering of first fruits , existed from ancient times, and can be regarded as a precursor of the income tax, but they lacked precision and certainly were not based on a concept of net increase. (wikipedia.org)