tax cut

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  • noun

Words related to tax cut

the act of reducing taxation

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So, a tax cut would mean that companies pass much of their tax benefits to their employees by paying them more or by cutting prices and increasing the buying power of current workers.
There is nothing wrong with thinking big, but the problem with the Republican tax cut proposals is that they are not serious.
Businesses pay more than $9 billion in franchise taxes every biennium, nearly double the size of the tax cut proposals that have been offered by either chamber.
In a variant of this linguistic contortion, some claim that paying for some government project or welfare program is the equivalent of "paying for" a tax cut.
They actually began before Obama took office, with the tax cut passed under the George W.
As President Barack Obama so aptly said, Senate supporters of tax cuts for the wealthy were holding the middle class hostage.
He said the president "should have fought harder" to scale back the tax cuts for the wealthiest, cutting off tax cut extensions for those making more than $500,000 or even a higher income level, rather than conceding to tax cuts for all extremely high earners.
14) To the extent that a tax cut is saved or used to reduce debt by recipients, the spending multiplier would be smaller.
First, under current law most of the tax cuts enacted since 2000 are set
McCain's votes against the Bush tax cuts, in 2001 and 2003.
Almost all of the Democrats elected in 2006 talked much more about the Bush tax cuts they would vote to extend than those they would allow to expire, and when they did talk about allowing any of them to expire in 2010, it was always with a caveat such as "only for the top 1 percent," or "only for those with incomes over $300,000.
Bonus depreciation is a simple tax cut, benefits economic growth, and has historically had bipartisan support.
SALEM - Republican lawmakers on Tuesday came up with an inventive way to pay for a $220 million tax cut for investors and corporations: Pass it now, but let a future Legislature figure out how to pay for it.
The dividend tax cut makes carrying forward an NOL even less appealing.