Sentence examples for with a minimum tax from inspiring English sources

One compromise being discussed in Congress is a version of the territorial system — but with a minimum tax for any overseas operations.

The New Jersey tax, the Petroleum Products Gross Receipts Tax, amounts to 2.75percentt of the price of refined petroleum products, from grease to diesel fuel, with a minimum tax of 4 cents a gallon on gasoline, based on a price of $1.44.

Senator Sheldon Whitehouse, Democrat from Rhode Island, independently came up with the idea for a minimum tax for the wealthy, and made a proposal after Mr. Obama mentioned it in his State of the Union address.

"The President's Framework for Business Tax Reform",issued in February 2012, proposed a continuation of our current deferral system, but with the addition of a minimum tax on overseas profits to discourage profit shifting.

President Obama announced a new tax proposal that sets a minimum tax rate for households with annual income above $1 million on Sept. 19.

He also called for a minimum tax on foreign profits.

The bill ostensibly replaced this year's cuts with a new minimum tax on income over $1 million, other smaller tax measures, eliminating some farm subsidies and cutting defense in 2014, after most troops are out of Afghanistan.

On the other end, reduce upper-level tax credits or come up with a progressive minimum tax on incomes over one million dollars.

The points would include reducing the corporate tax rate, which tops out at 35%, to somewhere around 25% while eliminating a host of corporate tax rates and taxing earnings on a territorial basis--that is, levying U.S. tax chiefly on income earned within the U.S., perhaps with a lower but minimum tax on foreign earnings.

They have to do with the alternative minimum tax (AMT), a punitive system that remains in place; pensions, which have been liberalized, especially for the self-employed; and college savings plans, which just got more compelling.

To pay for these and other domestic policy initiatives, she's proposed a 4percentt surtax on adjusted gross income (AGI) in excess of $5 million, a new minimum tax on filers with AGI in excess of $1 million, and a 28percentt cap on the tax benefits from certain deductions and exclusions.