If the most important purpose of tax-funded schooling is to assist the indigent, it does not follow that governments should also run the schools.
Contributions may be withdrawn at any time for any purpose without tax or penalty, which means you can use it as part of your emergency fund.
There is no point in discussing tax policy without considering the purpose of the tax, the amount of revenue needed, and how that revenue will be spent.
But the purpose of the tax code is to raise revenue for the federal government.
At a Pioneer Institute event two years ago, Jonathan Gruber went as far as to say that the explicit purpose of the tax was meant to wean the country away from employer based insurance.
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Barclays is expected to continue helping clients with their tax arrangements, but will not engage in activities where the main purpose is to avoid tax.
The basic rule for donations of art and collectibles is this: If you've held the work for more than a year and the recipient charity uses it in a manner related to its tax-exempt purpose, you can deduct the work's fair market value, while not paying the usual 28% tax on the appreciation.
Tax shelters are defined to include any plan or arrangement having a significant purpose of avoiding or evading federal income tax.
In bankruptcy court, the question was whether the main purpose of the plan was tax avoidance.
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Nothing wrong with that, that is the purpose of making charitable contributions tax deductible.
The voters know that any Republican that buys into static analysis can, during budget negotiations, lose sight of the basic purpose of supply-side tax cuts.
Reasons were not given in the lawsuit, but it's possible the IRS simply viewed the arrangement as a classic endorsement deal without a compelling tax-exempt purpose.
If Democrats are really scandalized that tax-exempt organizations are exploiting a "loophole" to play in politics, they could begin reform by calling for their union allies to stick to their own primary tax-exempt purpose.
Abolishing taxes on savings and investments would essentially eliminate the need for Roth accounts and allow everyone to save and invest tax free for any purpose and at any time.
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Finally, the source of the unreported assets cannot be derived from illegal activity. (For this purpose, the proceeds of a tax evasion scheme from a legitimate business are not deemed to be from an illegal activity.) If all of these elements of voluntary disclosure are met, the IRS generally will not prosecute the taxpayer for the noncompliance.
The foreign-components provision in 9-9-9 would thereby harness the tax code for the dubious purpose of promoting inefficiency.
Barack Obama has proposed a bank tax that would serve the purpose.
Justice Stephen Breyer said that the fact the penalty would be "collected in the same manner of a tax doesn't automatically mean it's a tax, particularly since the purpose of the Anti-Injunction Act is to prevent interference with the revenue stream".
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"Even for those in genuine need of support, tax credits were not fit for purpose, " Mr Duncan Smith said.
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In a recent interview on CNBC, my old boss, Alan Greenspan, suggested that something commonly called tax expenditures might serve such a purpose.
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The introduction of a wealth tax would have shown seriousness of purpose (though it would also have allowed the state to dig its hands into Mr Berlusconi's pockets).
On the theory that its activities were fulfilling a religious purpose, Zen Center filed no business-income tax returns.
Obama also seemed to make a distinction between good tax increases and bad ones, saying that these tax increases would not serve a meaningful purpose like deficit reduction or infrastructure spending.
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Labour's Nick Brown, who tabled the question, said it was "reassuring" that Mr Lester's terms had changed, but claimed: "The purpose of these arrangements was to avoid paying income tax and National Insurance".
Khan serves on the board of the Islamic Free Market Institute, the organization Alamoudi helped Norquist establish a decade ago in his Americans for Tax Reform offices, apparently for the purpose of credentialing Islamists as conservatives, promoting their agenda in Washington and placing their friends in government jobs.
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"It's all done on purpose, " says Grover Norquist, an anti-tax crusader and member of the NRA's board.
In sometimes heated exchanges, Mrs Hodge argued that tax avoidance schemes were being used for a purpose not intended by Parliament and that it was not simply wealthy investors being marketed to.
Nonprofit groups that do not have to pay taxes are supposed to ensure that political activity is not their primary purpose, so evidence that some of the new organizations seeking tax-exempt status were fronts for campaign organizations drew bipartisan interest.
Such a tax would help to remind our elected officials that the purpose of elected office is to serve the public, not themselves.
The court determined that because the Bank Secrecy Act regulations were designed to address civil issues as well as criminal issues they were essentially regulatory, and not criminal, even though a significant purpose of the regulations is to detect money laundering, terrorism and tax evasion.
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