Indian politicians are addicted to a tax-and-subsidy regime of bewildering complexity, and deterred from tampering with it by a crowded electoral timetable.
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Call me cynical, but I think the 4o1(k) and the tax-advantaged subsidy granted those who utilize it is quite safe indeed.
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The problem is ultimately traceable back to the tax subsidy--the exclusion of the value of health coverage from taxable income for both payroll and income taxes.
Another high-profile captive is an extra-generous tax subsidy for employees who commute by mass transit.
Such is the madness caused by an on-again-off -again tax subsidy.
Indeed they are available to "taxpayers" who don't pay taxes, which is to say that in some cases they can result in a negative tax liability--an actual subsidy, as that word is commonly understood.
Also, the tax-deductible nature of company health insurance is a subsidy like any other.
Tax breaks and subsidy programmes can create a short-term boost, he says.
The Conservative leader of one council putting up tax - Canterbury City Council's John Gilbey - told BBC Radio 4's Today the government subsidy was for a limited amount of time.
According to a 2008 investigation by Iowa Auditor David Vaudt, 80% of tax credits issued under the state's film-subsidy program had been issued improperly (to production companies that weren't even spending the money in Iowa, for example).
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It might just be because they recognize that lots of voters are weary of witnessing many billions of tax dollars squandered on phony climate alarm-premised green subsidy fiascoes and empty promises of energy security and employment benefits.
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The 28-percent subsidy rate is approximately revenue neutral in comparison to the Federal revenue cost from traditional tax-exempt bonds.
Obama could have proposed a tax credit that would boost the insurance subsidy for low-wage workers while cutting it for those at the top of the food chain.
Governments have shown they can support consumption in specific areas, such as the cash-for-clunkers subsidy in cars or the homebuyers' tax credit.
For someone in the upper federal brackets living in a high-tax state, this can amount to a 40% or more government subsidy of borrowing costs.
Tierney has introduced tax reform legislation that would require all tax-exempt municipal bonds to be issued where there would be a direct-pay subsidy of 28% after this year.
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Ms. Quinn's plan would, through state legislation, create a new city tax credit for affordable housing developments and require developers who receive the subsidy to renew the below-market rate aspects of their buildings every 30 years, at the city's request.
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