To phase out
the benefit of the personal and dependency exemptions, the tax bracket on which the surtax is imposed is extended by an additional $11,480 for each exemption.
Specifically, the new simpler tax begins at 1 percent for adjusted gross income in excess of $120,000 on a joint return, and increases by about 2 percent for income greater than $150,000, which is where the minimum tax exemption begins to phase out
. The bill would also increase the 2 percent floor on miscellaneous itemized deductions to 4 percent for adjusted gross incomes greater than $100,000.
The campaign represents a broadening of FoE Canada's activities into the area of toxic substances prevention and phase out
The effect of either immediate repeal or a long-term phase out
of the transfer tax on state revenues, Federal revenue, and income tax erosion raises concerns that should be considered and addressed.
These phase-outs should be eliminated or made uniform so benefits phase out
at similar income levels and work in similar ways.
Intersection with the S&OP process ensures that both new and existing customer demands are met, while optimizing the cost of supply Once the strategic decision is made to phase out
a product, a clearly defined and consistent method must be followed to ensure business benefits will result, with all effected stakeholders involved.
Phase-outs, depending upon location, will vary from 13 years with a 9 year phase out
for some commercial and all industrial construction, to eight years with a four-year phase out
for most of the areas.
of Oak Brook, Ill., evidently felt pressure to phase out
the foam "clamshell" (see PT, Dec.