Sentence examples for bite of a tax from inspiring English sources
He questioned the selling of insurance against the bite of a tax audit, saying it only encouraged people to cheat on their taxes.
There is also evidence of cutbacks among the affluent - not necessarily the ultra-high net worth individuals whose fortunes are more immune to economic swings, but for those making a few hundred thousand dollars a year, who felt the biggest bite of a tax rate hike that took effect at the start of the year.
"And, in most cases, the negative impact will be in the form of a tax bite".
A good general rule is to let your winners run and cut your losers short both to preserve capital and to book some capital losses to lessen the bite of the tax man.
The reconciliation package reduces the bite of the excise tax on "Cadillac" insurance benefits and raises revenue by increasing Medicare taxes on the wealthy.
While homeowners would feel the bite of the higher taxes, renters may eventually feel it, too, as property taxes are one factor used to determine the annual rent increases on rent-regulated apartments.
After often paying more than $1 million for the land itself, Mr. Castaldi said, when a luxury home is completed and not sold, "the clock keeps ticking, and the big bite of taxes and utilities still have to be paid".
This makes it especially important to identify some losers to sell to help minimize the bite of capital gains taxes.
Severe spending and public service cuts have failed to significantly reduce budget deficits or lower Greece's debt burden as a percentage of its fast shrinking G.D.P. Economic contraction has taken a huge bite out of tax revenues and forced much of the labor force into involuntary idleness.
Funding for the new networks, however, will take a bite out of tax breaks for corporate research efforts.
On a small scale, this isn't a major problem, but as some hosts – the ones that Airbnb describes as "bad actors" – buy or rent apartments in order to rent them out to travelers, they start to take a major bite out of tax revenues.
