AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
MPs safe from millionaires tax.
(From The Slovak Spectator)
Byline: From press reports
Business shorts A MILLIONAIRES tax by which people earning higher salaries would pay up to Sk18,000 more to the state budget annually than lower wage earners will not affect members of parliament, according to the Finance Ministrys proposed Income Tax amendment.
The ministry has decided that the lump sum monthly compensation for expenses that MPs receive, which can amount to 70 to 80 percent of their gross monthly salaries of Sk51,800, will not be included as taxable income, and therefore MPs will not be considered "millionaires" for the purposes of the new higher dues.
With their expense accounts, MPs actually earn from Sk88,230 to Sk93,420 a month, putting them among the top group of wage earners with monthly salaries over Sk88,500 who next year will not be allowed to declare a basic tax-exempt amount ...
- LABOUR SLAMS MILLIONAIRES' TAX LOOPHOLE; Anglo's 'Golden Circle' can claim for...
- Newspaper article from: The Mirror (London, England) November 10, 2009 700+ words
Byline: AINE HEGARTY THE Labour Party yesterday slammed the Finance Minister for refusing to close a tax loophole which allows millionaire investors to write off losses against tax. Members of the "Golden Circle" who were lent money by Anglo Irish to buy shares - and prop up its share price - will
- How to deal with the budget deficit. (Viewpoint).(Column)
- Magazine article from: Fairfield County Business Journal Powers, Claudia January 13, 2003 700+ words
...example of this is the millionaires' tax. Although proposed by...29 percent of all state income tax revenue. If we adopt the millionaires' tax, the state will lose...forever. Also, raising the income tax on millionaires will not...
- New Jersey Governor's Plan to Cut Property Tax Rebate Seen as Shrewc Gamble.
- Newspaper article from: Knight Ridder/Tribune Business News February 5, 2003 700+ words
...eventually supporting a "millionaires' tax" -- an income tax hike on the state's...West New York. "A millionaires' tax is the way to go." Others...that there ought to be a millionaires' tax increase," said Jim...
- Connecticut Lawmakers Vote for Taxes in Attempt to Plug Budget Gap.
- Newspaper article from: Knight Ridder/Tribune Business News May 2, 2003 700+ words
...again for the so-called millionaires' tax that would impose higher income-tax rates of 5.75 percent...imposition of the state income tax in 1991. "The Democrats...Connecticut already has an income tax that is far more progressive...
- Czech Republic Daily Business Report (Daily News Briefs: SEP 04, 2002).
- Newspaper article from: Czech Republic Business Report Daily September 4, 2002 700+ words
...Gov't approves "millionaires' tax" to cover flood...Freedom Union. The millionaires' tax is to be in force...to cut corporate income tax rates from 31 % to...as of 2004. The millionaires' tax is part of a package...
- Rell: budget cooperation could ease taxes.
- Newspaper article from: Hartford Courant (Hartford, CT) May 13, 2005 700+ words
...increases in the sales tax or the state income tax -- including a plan by Democrats to impose a so-called millionaires' tax on the state's wealthiest residents...committee. "I believe that making the income tax more progressive should be the...
- Business, taxpayer groups urge spending restraint by state.(interest groups...
- Magazine article from: Fairfield County Business Journal Strempel, Dan January 13, 2003 700+ words
...taxes versus those that raised them. * Rowland's endorsement of the Democrats' plan for a millionaires' tax on top of the existing personal income tax system will likely burden many more citizens than advertised. Tax hikes initially targeted...
- Connecticut lieutenant governor offers fiscal plan.
- Newspaper article from: Hartford Courant (Hartford, CT) January 20, 2005 700+ words
...so-called "millionaires' tax" -- a proposal...to the state income tax rate on households...enact the "millionaires' tax" is consistent...for a fairer income tax. Rowland...attempts to pass a millionaires' tax. Sullivan showcased...