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The credit would phase out with rising income, so that individuals earning $45,000 a year, or families earning $60,000, would no longer be eligible.
Partial deductions are allowed for people with a bit more income, but they phase out with $10,000 more in income.
The full amount would be available to families with incomes up to $30,000 who are not covered by their employer or any public program, and it would gradually phase out with higher income, ending at $60,000.
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Primarily that's because the law's new requirements on insurance, such as guaranteeing coverage of pre-existing conditions, made insurance more expensive ― and the law's financial assistance phases out with higher incomes.
(The current House version of the small business credit, for example, phases out for businesses with more than 10 employees).
School funding system to be phased out, with a new formula to be introduced from 2017.
It is a mahogany table.' I had assumed this commentary style had been phased out with perestroika.
In Ireland, remaining leases are being phased out, with leaseholders able to purchase the freehold at much lower prices than is common in England and Wales.
The deduction is due to be phased out, with a 25percentt cut next year and similar cuts in 2003 and 2004, reaching zero in 2005.
The part-timers will be phased out with the introduction of E-ZPass electronic payment at 160 booths, scheduled for Sept. 30.
But HFCs are often neglected, because they are often substitutes for other, ozone-depleting gases which were phased out with great success in the Montreal protocol, the 1987 treaty aimed at restoring the earth's protective ozone layer.
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CEO of Professional Science Editing for Scientists @ prosciediting.com