Sentence examples for parallel income from inspiring English sources

Designate that sum as a health tax (in effect, a parallel income tax, with future rates to be set independently) and spend the proceeds solely on the NHS.

Over all, the Cheneys saved $36,000 in taxes because of the Bush cuts, but two-thirds of that savings was wiped out by another measure: the Alternative Minimum Tax, a separate, parallel income tax law with its own rules on deductions and its own rates.

But in its place, Mr. Schumer demanded — and got — inclusion of a $92 billion provision to stave off the expansion of the alternative minimum tax, a parallel income tax system intended to force the rich to pay more but which is encroaching on the middle class.

That complexity is magnified by the "alternative minimum tax" (AMT), a parallel income tax aimed at the wealthy that must be fixed each year to avoid ensnaring more of the middle class.Economists generally see two goals for tax reform: less complexity and more bias towards taxing consumption.

That bill included an adjustment to the alternative minimum tax — a parallel income tax that is designed to make sure the affluent do not escape taxation but that is increasingly hitting the middle class — as well as several tax credits for middle- and low-income workers that are also due to expire.

As part of the last-minute negotiations, the lawmakers were haggling over unemployment benefits, cuts in Medicare payments to doctors, taxes on large inheritances and how to limit the impact of the alternative minimum tax, a parallel income tax system that is intended to ensure the rich pay a fair share but that is increasingly encroaching on the middle class.

While there is often a direct parallel between income levels and housing conditions, the study showed that such a correlation sometimes breaks down.

The rules for calculating corporation tax generally ran in parallel with income tax until 1993, when the first statutory rule to move profit reporting into line with generally accepted accounting practice was introduced, although the courts were already moving towards requiring trading profits to be computed using general accountancy rules.

The investment schedule (marked I = Ī0) is drawn parallel to the income axis at height 20, showing that investment spending does not depend on income.

As the economist William Goetzmann has demonstrated, prices for art rise not in line with a nation's gross domestic product, but in parallel with rising income inequality; in other words, art does well when most people are doing badly.

Source of income parallels this finding.