Sentence examples for a higher exemption from inspiring English sources

The strongest opposition in the House was to the estate tax provision, which would set an exemption of $5 million per person and a top rate of 35 percent -- a higher exemption and lower rate than many Democrats want.

The deal would ultimately set an exemption of $5 million per person and a maximum rate of 35 percent — a higher exemption and far lower rate than many Democrats wanted.

The deal will set the exemption, or unified credit, at $5 million per estate, and the maximum rate at 35 percent — a higher exemption and lower tax than many Democrats want.

Then, in late 2010 came a jumble of unexpected tax actions: from reinstating the estate tax for this year and next, with a higher exemption level than most tax advisers expected, to extending the Bush-era tax cuts for two more years.

Republicans want a higher exemption and lower rate.

With a higher exemption amount, the federal estate tax concerns fewer donors who might have otherwise donated IRA assets.

With such a high exemption level I don't think it's a terrible burden to have the first will create a credit shelter trust if the first to die wants to zero out the tax". The author would note his concern that portability will reduce the estate planning practice, both in perception and in actuality.

At such a high exemption amount, fewer than 2 of every 1,000 estates -- less than 1/50th of one percent of estates -- now owe any estate tax.

The AMT is retained, but with a much higher exemption amount ($109,400 for married taxpayers as compared to $84,500 under current law).

State inheritance taxes generally have a much higher exemption than do federal gift taxes.

Ideally, there would be a shift from income taxation to a progressive consumption tax (the simplest example being a flat tax with a very high exemption).