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Mayor urges greater remote tax relief
WEST LAFAYETTE — The proposed tax breaks for a major employer would be cut by $30 million under the House bill, while about $90 million in tax breaks for smaller employers would go unused.
In the House version, HJR 1252 would cut tax breaks for employers with annual sales of up to $300 million, even as the House approved it the previous week. It also would eliminate the small-business exemption for individuals and business corporations, eliminating the $24 million that would be available.
The bills are similar but with some notable differences. The House bill cuts the tax breaks for a company with sales of more than $250 million, while the Senate would cut the breaks for smaller companies in proportion to annual sales.
Both the House and Senate bills would provide increased tax relief for businesses with annual sales of less than $1 million, but the House's tax breaks would be smaller.
"I want to make sure the bill is more for small-and-medium-sized business — that they get the right deal in the right amount," said Rep. Ron Kind of St. Paul. "If the big companies are having to write a checks, they're going to want to write a check."
A vote on HJR 1252 is expected Tuesday.
Rep. Andy Barr of St. Paul said he voted for the smaller cuts but voted against the higher deduction for the owner of homes.
"We have to create a system, a system that benefits everybody. It doesn't benefit the elite one percent," he said.
The Republican bill would allow individuals to write off the owner's business expense credit for business insurance that covers property losses or damage, including the cost of insurance that is canceled for one or more of their employees.
Business owners with fewer than 100 employees would have the option to deduct 10 percent of the business expense credit that they give to themselves. If the business is losing an estimated $1 million a year to an employee, the deduction would reduce by that amount, rather than the 30 percent the House bill already includes, according to the Senate version.
A company with up to five employees, at least 40 percent of its employees make less than $30,000 a year, would have a 15 percent tax credit for the business expense credit. If the taxpayer has two more employees for less than a million dollars, the credit decreases by 15 percent.
The House bill also repeals a $7,000 annual exclusion of charitable contribution from taxes for owners of certain LLCs and limited liability companies, if such owners contribute $3,500 or more toward the business's operating expenses. This would still make the deduction available to these investors, but there would be no suc
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바카라사이트
Lifeline bid to establish suicide safe house in canberra
Updated
The Federal Government will not build a safe-house to help people end their lives in Australia, but an organisation is seeking to do so.
As the Coalition's national strategy was released in August, the Lifeline bid will be put forward by the Australian Council of Suicide Prevention (ACCSP).
ACSP CEO Sue Barker told the ABC's Lateline program it was unlikely it would be able to do such a centre in Australia.
"This proposal would be in the very unlikely case that there were only 13 or 14 suicide rates in Victoria, or the Northern Territory, or Northern Territory of Australia that required a suicide care site in their regions.
"Not at all," Ms Barker said.
"It's going to be the biggest challenge in terms of the ability to find a suicide safe-house, because we do not have any existing locations in other countries where you can have these kinds of safe-house or crisis centre."
ACSP aims to provide access to suicide care to people living in crisis and is not seeking to put an end to any form of safe-house services in Australia.
But it is proposing the suicide suicide hotline run an internet chat room with support from 10 suicide-prevention community groups in 10 countries on suicide-prevention tips and advice.
Ms Barker says the ACCSP could make the call for the site to open in Australia to save the lives of many people.
"The Lifeline is going to do it. That's our priority," she said.
"We have this long term plan to open a suicide hot line, and we've had a lot of support around the world in terms of where to set that, and in terms of the availability of this site to offer community assistance.
"I think there's an awareness on the part of our society that if you can get these people who are in distress to access our resources we're going to go and help those people at the end of the day, and that's where we think it's best for us to be, and that's where we think there's the best interest of everyone in this."
ACCSP is offering a $100,000 grant to fund an intensive support and community service centre to work on suicide-prevention.
Topics: suicide, community-and-society, australia
First posted |
Mayor urges greater remote tax relief
WEST LAFAYETTE — The proposed tax breaks for a major employer would be cut by $30 million under the House bill, while about $90 million in tax breaks for smaller employers would go unused.
In the House version, HJR 1252 would cut tax breaks for employers with annual sales of up to $300 million, even as the House approved it the previous week. It also would eliminate the small-business exemption for individuals and business corporations, eliminating the $24 million that would be available.
The bills are similar but with some notable differences. The House bill cuts the tax breaks for a company with sales of more than $250 million, while the Senate would cut the breaks for smaller companies in proportion to annual sales.
Both the House and Senate bills would provide increased tax relief for businesses with annual sales of less than $1 million, but the House's tax breaks would be smaller.
"I want to make sure the bill is more for small-and-medium-sized business — that they get the right deal in the right amount," said Rep. Ron Kind of St. Paul. "If the big companies are having to write a checks, they're going to want to write a check."
A vote on HJR 1252 is expected Tuesday.
Rep. Andy Barr of St. Paul said he voted for the smaller cuts but voted against the higher deduction for the owner of homes.
"We have to create a system, a system that benefits everybody. It doesn't benefit the elite one percent," he said.
The Republican bill would allow individuals to write off the owner's business expense credit for business insurance that covers property losses or damage, including the cost of insurance that is canceled for one or more of their employees.
Business owners with fewer than 100 employees would have the option to deduct 10 percent of the business expense credit that they give to themselves. If the business is losing an estimated $1 million a year to an employee, the deduction would reduce by that amount, rather than the 30 percent the House bill already includes, according to the Senate version.
A company with up to five employees, at least 40 percent of its employees make less than $30,000 a year, would have a 15 percent tax credit for the business expense credit. If the taxpayer has two more employees for less than a million dollars, the credit decreases by 15 percent.
The House bill also repeals a $7,000 annual exclusion of charitable contribution from taxes for owners of certain LLCs and limited liability companies, if such owners contribute $3,500 or more toward the business's operating expenses. This would still make the deduction available to these investors, but there would be no suc
예스카지노
바카라사이트
Lifeline bid to establish suicide safe house in canberra
Updated
The Federal Government will not build a safe-house to help people end their lives in Australia, but an organisation is seeking to do so.
As the Coalition's national strategy was released in August, the Lifeline bid will be put forward by the Australian Council of Suicide Prevention (ACCSP).
ACSP CEO Sue Barker told the ABC's Lateline program it was unlikely it would be able to do such a centre in Australia.
"This proposal would be in the very unlikely case that there were only 13 or 14 suicide rates in Victoria, or the Northern Territory, or Northern Territory of Australia that required a suicide care site in their regions.
"Not at all," Ms Barker said.
"It's going to be the biggest challenge in terms of the ability to find a suicide safe-house, because we do not have any existing locations in other countries where you can have these kinds of safe-house or crisis centre."
ACSP aims to provide access to suicide care to people living in crisis and is not seeking to put an end to any form of safe-house services in Australia.
But it is proposing the suicide suicide hotline run an internet chat room with support from 10 suicide-prevention community groups in 10 countries on suicide-prevention tips and advice.
Ms Barker says the ACCSP could make the call for the site to open in Australia to save the lives of many people.
"The Lifeline is going to do it. That's our priority," she said.
"We have this long term plan to open a suicide hot line, and we've had a lot of support around the world in terms of where to set that, and in terms of the availability of this site to offer community assistance.
"I think there's an awareness on the part of our society that if you can get these people who are in distress to access our resources we're going to go and help those people at the end of the day, and that's where we think it's best for us to be, and that's where we think there's the best interest of everyone in this."
ACCSP is offering a $100,000 grant to fund an intensive support and community service centre to work on suicide-prevention.
Topics: suicide, community-and-society, australia
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