11. But to offset that tax bite, the Republicans would extend other corporate tax breaks for research and development and the creation of drugs to treat rare diseases. 12. But the tax bite will also reach a bit lower than that in the wealth scale. 13. By forward averaging, these people also would reduce their federal tax bite by spreading the income over several years. 14. Eissa has studied how the tax bite affects behavior at both ends of the income distribution. 15. First, the market often discounts the value of stakes in public companies because of the tax bite the owner would face after selling them. 16. For people with successful long-term investments, this could amount to a huge tax bite now in exchange for reduced taxes later. 17. How big a tax bite the IRS will take in a divorce, as with other types of business deals, depends largely on how it is arranged. 18. Is there any way to lessen the tax bite on the award? 19. It also has sold some real estate, though a huge tax bite on depreciated property ate up much of the proceeds. 20. Jennings will talk on Wednesday about the challenges of working while going to school and the tax bite she suffered. |