Sentence examples for Surplus tax from inspiring English sources

Excluding investment gains and a surplus tax credit of $175 million, MetLife earned $404 million, or 51 cents a share.

His pitch is that the plan is modest enough in size that it leaves plenty of money from the surplus tax revenues to deal with other needs.

But the strong economy is expected to generate $1 billion in surplus tax revenues, and key lawmakers said the money would more than cover the shortfall.

Mr. Bush responded with a sharp attack on Mr. Gore, contending that the vice president did not understand the budget process in Texas and that his state's budget shortfall would be covered by surplus tax revenue.

Mr. Clinton said he wanted to use surplus tax dollars to ensure that no older American would have to pay more than $4,000 a year in drug costs.

Michael Graetz, a Yale Law School tax professor and tax policy adviser in the administration of President Bush's father, said it was in the nature of Washington to spend surplus tax revenues.

First, the cuts were billed as a way to return "surplus" taxes.

Some argue that the surplus taxes are being used to help finance income tax cuts, which Mr. Bush wants made permanent.

The 2000 quarter's figure includes $72 million in realized investment losses as well as $71 million paid out in expenses for the company's demutualization and some surplus taxes.

But in the political climate of 1939, it had the advantage of soaking up surplus taxes and greatly reducing the rate at which reserves would accumulate in the trust fund.

They apparently have recognized that at a time of extraordinary prosperity, and in spite of looming budget surpluses, tax cuts take a back seat among voters to more long-term concerns like health care, retirement security and education.