query: what are the estate tax rates for 2018

pos: Estate tax in the United States and/or upon their death, without incurring federal gift or estate taxes: $5,340,000 for estates of persons dying in 2014 and 2015, $5,450,000 (effectively $10.90 million per married couple, assuming the deceased spouse did not leave assets to the surviving spouse) for estates of persons dying in 2016. Because of these exemptions, it is estimated that only the largest 0.2% of estates in the U.S. will pay the tax. For 2017, the exemption increases to $5.5 million. In 2018, the exemption doubled to $11.18 million per taxpayer due to the Tax Cuts and Jobs Act of 2017. As a result, only

neg: Estate tax in the United States legal efforts. Such statements are seen to exhibit a predilection for collectivist principles that opponents of the estate tax oppose. A disparity between rates may encourage wealthy individuals to relocate to avoid or minimize taxation. This moves the wealth – and all associated future tax revenue – outside the United States. As a result of transferring wealth abroad, the 'estimated' tax generation claimed by proponents of the estate tax will likely be far less than that claimed and will likely lower the future tax base within the United States. However, most countries have inheritance tax at similar or higher rates.

neg: Capital gains tax in the United States gains at the same rate as it taxes ordinary income. Long-term capital gains are taxed at lower rates shown in the table below. (Qualified dividends receive the same preference.) Separately, the tax on collectibles and certain small business stock is capped at 28%. The tax on unrecaptured Section 1250 gain — the portion of gains on depreciable real estate (structures used for business purposes) that has been or could have been claimed as depreciation — is capped at 25%. The income amounts ("tax brackets") were reset by the Tax Cuts and Jobs Act of 2017 for the 2018 tax year

neg: Ohio estate tax Ohio estate tax As of January 1, 2013, the state of Ohio no longer imposes an estate tax on the transfer of assets from resident decedents (or on Ohio assets of nonresidents). In previous years the rates and amounts varied. The 2012 tax rates are shown in the table below. Because of tax credits, the effective lower limit on taxable estates was $338,333. Ohio also allowed a "marital deduction" equal to the net value of any asset passing to the surviving spouse. In 2005, another inheritance-related tax, called the Ohio additional estate tax or "pick-up tax", was eliminated (see entry

neg: Ohio estate tax of Ohio was enacted by its general assembly during its 2011-2012 session, to take effect on "individuals dying on or after January 1, 2013." For dates of death on or after January 1, 2002: Ohio estate tax As of January 1, 2013, the state of Ohio no longer imposes an estate tax on the transfer of assets from resident decedents (or on Ohio assets of nonresidents). In previous years the rates and amounts varied. The 2012 tax rates are shown in the table below. Because of tax credits, the effective lower limit on taxable estates was $338,333. Ohio also allowed

neg: Rates (tax) In the US, real estate taxes which are based on a percentage of the property's actual or nominal value are referred to as "property taxes". The term "rates" is not used in this context. Property taxes are the prime funding method for local government, and are normally the responsibility of the property owner, regardless of whether the property owner lives on the property. Rates (tax) Rates are a type of property tax system in the United Kingdom, and in places with systems deriving from the British one, the proceeds of which are used to fund local government. Some other countries

neg: Estate tax in the United States in 2010. Exemption amounts under the state estate taxes vary, ranging from the federal estate tax exemption amount or $5.34 million, indexed for inflation (two states) to $675,000 (New Jersey). The most common amount is $1 million (three states and the District of Columbia). In 2014, four states increased their exemption amounts: Minnesota (phased up to $2 million for 2018 deaths), Rhode Island ($1.5 million for 2015 deaths), and Maryland and New York (both phased their exemptions up to the federal amount for 2019 deaths). Top rates range from 12 percent to 19 percent with most states, like Minnesota, imposing

neg: Taxation in Namibia Taxation in Namibia This is an overview of taxes charged to individuals and companies in Namibia. Personal income tax is applicable to total taxable income of an Individual and all individuals are taxed at progressive marginal rates over a series of income brackets. The tax year runs from 1 March to 28 February. Tax rates for the 2010/2011 to 2012/2013 tax years were as follows: Tax rates proposed for the 2016/2018 tax year are as follows: Income tax is typically withheld by the employer. Individuals are responsible for submitting a tax return form to the Receiver of Revenue once a

neg: Rates (tax) with Jerusalem and Rehovot having the highest rates in the country. In rental dwellings, tenants (rather than owners) generally pay the arnona. Single parents and some forms of economic hardship qualify for discounts or even exemptions. In New Zealand, rates have provided the major source of revenue for funding Territorial Authorities of New Zealand expenditure since the late 1800s. Rates are basically a tax on real estate property. For the year ended June 2005, rates made up 56% of local authority operating revenue. Almost all property owners in New Zealand pay rates and those who do are referred to as

neg: Government of Vermont not collect inheritance taxes; however, its estate tax is decoupled from the federal estate tax laws and therefore the state still imposes its own estate tax. Property taxes are imposed for the support of education and municipal services. Vermont does not assess tax on personal property, though individual towns or cities can opt to do so. Property taxes are levied by municipalities based on fair market appraisal of real property. Rates vary from .97% on homesteaded property in Ferdinand, Essex County, to 2.72% on nonresidents' property in Barre City. Statewide, towns average 1.77% to 1.82% tax rate. In 2007, Vermont

neg: Estate tax in the United States Act of 1862 and the War Revenue Act of 1898 also imposed rates, but were each repealed shortly thereafter. The modern estate tax was enacted in 1916. The modern estate tax was temporarily phased out and repealed by tax legislation in 2001. This legislation gradually dropped the rates until they were eliminated in 2010. However, the law did not make these changes permanent and the estate tax returned in 2011. But late in 2010, before that clause took effect, Congress passed superseding legislation that imposed a 35 percent tax in 2011 and 2012 on estate in excess of $5 million.

neg: Landfill tax were wrongly putting waste with a biodegradable and non-inert content into landfills at the inactive waste taxation level. A new testing regime was introduced, where a small amount of the load is tested to ascertain its biodegradable content. Landfill tax rates 2018-19 From 1 April 2018 to April 2019 the landfill tax rates are: The Welsh Government will take responsibility for the tax in Wales from April 2018. The United States has numerous federal laws and regulations regarding the operation of landfills, but there is no national landfill tax or fee. Many states and local governments collect fees and taxes

neg: Welsh Rates of Income Tax rate. The reduction in the three rates of income tax by the UK government will reduce the amount of tax paid to the HM Treasury. If the Welsh rates of income tax are set at less than 10p, the UK Government will recover the money it does not collect from Wales by reducing Wales’ block grant.. WRIT rates for the 2019-20 year have been left at 10p, so income tax in Wales will be the same as those in England The Welsh Revenue Authority collects and manages Land Transaction Tax and Landfill Disposals Tax in Wales since 2018, however WRIT

neg: Property tax apply to foreign owners. "Council rates" is a municipal tax levied by local government. This is assessed each year on a property's value. Council rates are around $1300 per annum for an average Australian household. Brazil is a Federation Republic, and its federated entities (internal States and Municipalities), as well as the Federal government, levy property taxes. They are all declared in the Federal Constitution. These are the current property taxes: Many provinces levy property tax on real estate based upon land use and value. This is the major source of revenue for most municipal governments. While property tax levels

neg: Real estate transfer tax Real estate transfer tax Real estate transfer tax is a tax that may be imposed by states, counties, or municipalities on the privilege of transferring real property within the jurisdiction. In Europe, rates between 2% and 6% are a general rate. In the USA, total transfer taxes can range between very small (for example, .01% in Colorado) to relatively large (4% in the city of Pittsburgh). Some U.S. states have a variety of transfer tax laws which may include specific exemptions for certain types of buyers based on buying status or income level. For example, Maryland exempts certain "first time

neg: Carly Fiorina recent decades. While the repeal of a specific rule is relatively rare, there are certainly examples." Fiorina favors lowering tax rates, simplifying the tax code, and closing loopholes that she says mostly benefit wealthy taxpayers. Florina has said "the government needs to take in less tax money, not more." During her 2010 Senate campaign, Fiorina "called for eliminating the estate tax and capital gains taxes for investments in small businesses, and lowering marginal tax rates." Fiorina opposes proposals to increase the federal gas tax or state gas taxes in order to fund the Highway Trust Fund, asserting in a February

neg: Abington Heights School District pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the District's schools. The 2013 tuition rates are Elementary School - $9,244, High School - $9,541 In 2015, the tuition rates were Elementary School - $10,165, High School - $10,973. For 2015-16, the tuition rates were Elementary School - $9,414.31, High School - $10,509.21. The Abington Heights School District is funded by a combination of: a local income tax, a property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the

neg: Estate tax in the United States year 2018. The exemption amounts of $11,180,000 in 2018 and $11,400,000 in 2019 are also currently (as of December 2018) scheduled to sunset 12/31/2025 (Tax Cuts and Jobs Act of 2017). A decedent who is a U.S. citizen born in Puerto Rico and resident at the time of death in a U.S. possession (i.e., PR) is generally treated, for federal tax purposes, as though he or she were a nonresident who is not a citizen of the United States, so the $5 million exemption does not apply to such a person's estate. For U.S. estate tax purposes, a U.S. resident

neg: South Eastern School District tuition rates are Elementary School - $10,501.05, High School - $9,508.74. South Eastern School District is funded by a combination of: a local earned income tax 1%, a real estate property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Interest earnings on the reserve accounts also provide nontax income to the District. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless of the level of their personal wealth. For the 2012/13 school year,

neg: Tax Cuts and Jobs Act of 2017 or total permanent disability of the borrower from taxable income. This provision applies only to debt discharged during tax years 2018 through 2025. For deaths occurring between 2018 and 2025, estates that exceed $11.2million are subject to a 40% estate tax at time of death, increased from $5.6million previously. For a married couple aggregating their exemptions, an estate exceeding $22.4million are subject to a 40% estate tax at time of death. The final bill reduces pass-through taxes via a 20% deduction, after which a lower rate of 29.6% will be applied. This benefit phases out starting at $315,000. Many businesses

neg: Corporate tax in the United States Tax Cuts and Jobs Act, on December 20, 2017, the corporate tax rate has been changed to a flat 21% starting January 1, 2018. The adjacent table lists the tax rates on corporate income applied by each state, but not by local governments within states. Because state and local taxes are deductible expenses for federal income tax purposes, the effective tax rate in each state is not a simple addition of federal and state tax rates. Although a state may not levy a corporate income tax, they may impose other taxes that are similar. For example, Washington state does not

neg: Taxation in Pakistan out of a population of 190 million pay income tax. Federal taxes are administered by the Federal Board of Revenue. Corporate Income tax rates Corporate Income tax rates are 30% for companies and 35% for Banking Industry for TY 2018 According to a 2002 study, 99% of 256 respondents reported facing corruption with regard to taxation. Furthermore, 32% of respondents reported paying bribes to have their tax assessment lowered, and nearly 14% reported receiving fictitious tax assessments until a bribe was paid. Taxation in Pakistan Pakistan's Current Taxation system is defined by Income Tax Ordinance 2001, promulgated on 13 September

neg: The Park Estate tax and a local charge ('Park Rates'). The park rates cover maintenance of roads, pavements, the gas light network, the trees and the public green spaces. Residents previously received a reduced council tax bill due to these rates covering services which would usually provided by the council. However, the Park Estate rate is now paid in addition to the full council tax rate. The Nottingham Park Residents' Association (NPRA) holds regular talks and hosts a number of events using the two green spaces in the middle of the estate. They also produce a twice yearly magazine which is delivered, free

neg: Estate tax in the United States an estate tax (i.e., the tax does not vary based on the beneficiary). One state— Maryland —imposes both types of taxes, but the estate tax paid is a credit against the inheritance tax, so the total tax liability is not the sum of the two, but the greater of the two taxes. Neither state taxes bequests to lineal heirs. Estate tax rates and complexity have driven a vast array of support services to assist clients with a perceived eligibility for the estate tax to develop tax avoidance techniques. Many insurance companies maintain a network of life insurance agents, all providing

neg: Taxation in Germany to the U.S. Estate Tax, the inheritance and gift tax is paid by the recipient of the transfer. The tax rates depend on the amount and on the relationship between donor and recipient. There are also substantial exemption rates, amounting to € 500,000 for transfers between married partners and € 400,000 for transfers to own (step-)children. Deductions as high as 100% apply to cases such as family houses and the possessions of entrepreneurs. In Germany there is no special capital gains tax. Only under certain conditions gains from private disposal may be taxed. Since 2009-01-01 Germany levies a final tax

neg: Muncy School District (Local Tax Enabling Act), which are around 15% of revenues for school districts. The school district includes municipalities in three counties, each of which has different rates of property tax assessment, necessitating a state board equalization of the tax rates between the counties. The average yearly property tax paid by Lycoming County residents amounts to about 3.53% of their yearly income. Lycoming County ranked 364th out of the 3143 United States counties for property taxes as a percentage of median income. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected by all

neg: South Williamsport Area School District tax collections (Local Tax Enabling Act), which are around 15% of revenues for school districts. The school district includes municipalities in three counties, each of which has different rates of property tax assessment, necessitating a state board equalization of the tax rates between the counties. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected by all school districts in Pennsylvania rose from $6,474,133,936 in 1999-00 to $10,438,463,356 in 2008-09. The average yearly property tax paid by Lycoming County residents amounts to about 3.53% of their yearly income. Lycoming County is ranked 364th

neg: Laurel School District (Pennsylvania) account for the vast majority (between 75-85%) of local revenues; and 2) Act 511 tax collections, which are around 15% of revenues for school districts. When the school district includes municipalities in two counties, each of which has different rates of property tax assessment, a state board equalizes the tax rates between the counties. In 2010, miscalculations by the State Tax Equalization Board (STEB) were widespread in the Commonwealth and adversely impacted funding for many school districts, including those that did not cross county borders. According to a report prepared by the Pennsylvania Department of Education, the total real estate

neg: Ellwood City Area School District for the vast majority (between 75-85%) of local revenues; and 2) Act 511 tax collections, which are around 15% of revenues for school districts. When the school district includes municipalities in two counties, each of which has different rates of property tax assessment, a state board equalizes the tax rates between the counties. In 2010, miscalculations by the State Tax Equalization Board (STEB) were widespread in the Commonwealth and adversely impacted funding for many school districts, including those that did not cross county borders. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes

neg: Curwensville Area School District by two main sources: 1) Property tax collections, which account for the vast majority (between 75-85%) of local revenues; and 2) Act 511 tax collections, which are around 15% of revenues for school districts. The school district includes municipalities in two counties, each of which has different rates of property tax assessment, necessitating a state board equalization of the tax rates between the counties. In 2010, miscalculations by the board were widespread in the Commonwealth and adversely impacted funding for many school districts. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected

neg: Fairfield Area School District attends the charter and it is the amount a nonresident student's parents must pay to attend the District's schools. The 2012 tuition rates are Elementary School – $9,208.47, High School – $9,232.05. For 2015-16, the tuition rates were Elementary School – $9,414.31, High School – $10,509.21. Fairfield Area School District is funded by a combination of: a local income tax 1%, a property tax, an Amusement tax 4%, a statewide real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Grants provide an opportunity to supplement school funding without raising local taxes.

neg: Income tax in the United States increase complexity, irrespective of the system's flatness or lack thereof. Income tax is also levied by most U.S. states and many localities on individuals, corporations, estates, and trusts. These taxes are in addition to federal income tax and are deductible for federal tax purposes. State and local income tax rates vary from 1% to 16% of taxable income. Some state and local income tax rates are flat (single rate) and some are graduated. State and local definitions of what income is taxable vary highly. Some states incorporate the federal definitions by reference. Taxable income is defined separately and differently for

neg: Johnsonburg Area School District vast majority (between 75-85%) of local revenues; and 2) Act 511 tax collections, which are around 15% of revenues for school districts. When the school district includes municipalities in two counties, each of which has different rates of property tax assessment, a state board equalizes the tax rates between the counties. In 2010, miscalculations by the State Tax Equalization Board (STEB) were widespread in the Commonwealth and adversely impacted funding for many school districts, including those that did not cross county borders. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected by

neg: Port Allegany School District Act 511 tax collections, which are around 15% of revenues for school districts. When the school district includes municipalities in two counties, each of which has different rates of property tax assessment, a state board equalizes the tax rates between the counties. In 2010, miscalculations by the State Tax Equalization Board (STEB) were widespread in the Commonwealth and adversely impacted funding for many school districts, including those that did not cross county borders. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected by all school districts in Pennsylvania rose from $6,474,133,936 in

neg: Loyalsock Township School District and 2) Act 511 tax collections, which are around 15% of revenues for school districts. When a Pennsylvania public school district includes municipalities in two counties, each of which has different rates of property tax assessment, a state board equalizes the tax rates between the counties. In 2010, miscalculations by the State Tax Equalization Board (STEB) were widespread in the Commonwealth and adversely impacted funding for many school districts, including those that did not cross county borders. According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected by all school districts in Pennsylvania

neg: Income tax in the United States apply to items due to related parties, including interest and royalty expenses. Estates and trusts may be subject to income tax at the estate or trust level, or the beneficiaries may be subject to income tax on their share of income. Where the all income must be distributed, the beneficiaries are taxed similarly to partners in a partnership. Where income may be retained, the estate or trust is taxed. It may get a deduction for later distributions of income. Estates and trusts are allowed only those deductions related to producing income, plus $1,000. They are taxed at graduated rates that

neg: Taxation in Switzerland organisations. Tax liability arises if either the legal seat or the effective management of a corporation is in Switzerland. To the extent non-resident companies have Swiss sources of income, such as business establishments or real estate, they are also liable for taxation. Conversely, as a unilateral measure to limit double taxation, profits from foreign business establishments or real estate are exempted from taxation. A proportional or progressive tax is levied by the Confederation (at a flat rate of 8.5%) and the cantons (at varying rates) on corporate profits. The tax is based on the net profit as accounted for in

neg: Taxation in China the real estate is taken over or repossessed in accordance to the laws due to the construction requirements of the State. (1) Taxpayers At present, this tax is only applied to enterprises with foreign investment, foreign enterprises and foreigners, and levied on house property only. Taxpayers are owners, mortgagees custodians and/or users of house property. (2) Tax base, tax rates and computation of tax payable Two different rates are applied to two different bases: one rate of 1. 2% is applied to the value of house property, and the other rate of 18% is applied to the rental income from

neg: Estate planning Specific final arrangements, such as whether to be buried or cremated, are also often part of the documents. Income, gift, and estate tax planning plays a significant role in choosing the structure and vehicles used to create an estate plan. In the United States, assets left to a spouse or any qualified charity are not subject to U.S. Federal estate tax. Assets left to any other heir, including the decedent's children, may be taxed if that portion of the estate has a value in excess of the estate tax exemption. As of 2018, the federal estate tax exemption was $11,180,000.

neg: Taxation in Germany States now have a taxrate of 4.5% or 5%, the highest are North Rhine-Westphalia, Saarland and Schleswig-Holstein with 6.5%. Real estate investors are also impacted by the speculation tax ("Spekulationssteuer"). This tax applies to gains generated on real estate investments, if sold less than 10 years after purchase. Depreciation deductions of prior years are added to the sales price of the home, to derive a higher taxable gain. A single law regulates both inheritance tax and gift tax, requiring the payment of rates from 7% to 50% both on transfers following death and on gifts among the living. In contrast

neg: Real estate transfer tax buyers" from a percentage of the total or excludes a portion of the property's sales price from taxation altogether. Another variation which exists is either the legal requirement to split the taxes between the parties or the local custom to do so. Thus, in Washington, DC, the 2.2% is generally split between the seller and the buyer. Real estate transfer tax Real estate transfer tax is a tax that may be imposed by states, counties, or municipalities on the privilege of transferring real property within the jurisdiction. In Europe, rates between 2% and 6% are a general rate. In the

neg: Capital gains tax a very strict capital gains tax (called Abgeltungsteuer in German) for shares, funds, certificates, bank interest rates etc. Capital gains tax only applies to financial instruments (shares, bonds etc.) that have been bought after 31 December 2008. Instruments bought before this date are exempt from capital gains tax (assuming that they have been held for at least 12 months), even if they are sold in 2009 or later, barring a change of law. Certificates are treated specially, and only qualify for tax exemption if they have been bought before 15 March 2007. Real estate continues to be exempt from capital

neg: Montrose Area School District school district. It is the amount the public school district pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the district's schools. The 2013 tuition rates are Elementary School - $11,327.95, High School - $11,452.73. In 2015, the tuition rates were Elementary School - ?, High School - ?. Montrose Area School District is funded by a combination of: a local income tax 0.5%; a property tax; 2 per capita taxes of $5 each per year; a real estate transfer tax 0.5%; coupled

neg: Carbondale Area School District In 2015, the tuition rates were Elementary School - $7,860.59, High School - $8,999.56. For 2015-16, the tuition rates were Elementary School - $7,469, High School - $8,816. Carbondale Area School District is funded by a combination of: a local tax on earned income 2.50%, a property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and a small amount, generally 10% of its budget from the federal government. Grants have provided an opportunity to supplement school funding without raising local taxes. In Pennsylvania, pension income and Social Security income are exempted from

neg: South Western School District of Education sets an annual tuition rate for each school district. It is the amount the public school district pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the South Western School District's schools. The 2012 tuition rates are Elementary School - $8,844.77, High School - $9,260.22. South Western School District is funded by a combination of: a local earned income tax 1%, a real estate property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania

neg: Ireland as a tax haven quantity (see IP–Based BEPS tools). Rather than a "global knowledge hub" for "selling into Europe", Ireland is a base for U.S. multinationals, with sufficient IP to use Ireland's BEPS tools, to shield non–U.S. revenues from U.S. taxation. In 2018, the U.S. converted into a hybrid "territorial" tax system (the U.S. was one of the last remaining pure "worldwide" tax systems). Post this conversion, U.S. "effective" tax rates for IP–heavy U.S. multinationals are very similar to the "effective" tax rates they would incur if legally headquartered in Ireland, even net of full Irish BEPS tools like the double Irish. This represents

neg: Crown Estate Paving Commission Borough Council or Westminster City Council without relief for the CEPC rates assessed on them. Before 1990 residents in the CEPC area paid lower General Rates to the councils. The introduction of the Community Charge brought this to an end. CEPC applied for a Council Tax Local Discount, which would reduce the Council Tax of residents in the CEPC area and increase it in the rest of the London boroughs, but it was refused. Crown Estate Paving Commission The Crown Estate Paving Commission (CEPC) is the body responsible for managing certain aspects of the built environment around Regent's Park, London.

neg: Wealth tax of tax in the recent years: Austria, Denmark (1995), Germany (1997), Finland (2006), Luxembourg (2006) and Sweden (2007). In the United Kingdom, property (real estate) is often a person's main asset, and has been taxed – for example the window tax of 1696, the rates, to some extent the Council Tax, and a new Mansion Tax proposed by some political parties. There are many lines of argument in favor of including a tax based on individual net wealth. Variations in how the details of the particular net wealth tax is implemented, including whether there are exemptions and whether other taxes

neg: Streamlined Sales Tax Project to submit multiple tax returns for each state in which they are conducting business. Uniform tax base This would require each state to make their jurisdictions use the same tax base, meaning the same goods and services would be taxed or exempt the same way within each state. Each state would retain the choice of whether an item is taxable and at what rate. Simplified tax rates This would require the same tax rates be applied across a state's tax jurisdictions. There can be an exception rate for food and drugs. Uniform sales sourcing rules For in-state sales, the seller

neg: Income tax in Australia must also withhold the highest marginal rate of income tax on interest earned on bank accounts if the individual does not provide them with a TFN. In the same way, corporate and business taxpayers are required to provide their TFN or Australian Business Number (ABN) to the bank, otherwise the bank is required to withhold income tax at the highest rate of tax. Financial year 2018/19 The rates for residents are: The above rates do not include: When Medicare was introduced by the Hawke Labor Government in February 1984, it was accompanied by a Medicare levy to help fund it.

neg: Taxation in New Mexico income. It does not have inheritance tax, estate tax, franchise taxes, or sales taxes. Its state income tax ranges from 1.7% to a maximum of 4.9%. New Mexico residents are subject to the state's personal income tax. Additionally, the personal income tax applies to nonresidents who work in the state or derive income from property there. Regular military salaries of New Mexico residents serving in the U.S. military are subject to the income tax, but since 2007, active-duty military salaries have been exempt from the state income tax. Personal income tax rates for New Mexico range from 1.7% to 4.9%,

neg: History of the English fiscal system Allowances for depreciation and cost of repairs are partially recognized. Far more important than these special problems is the general one of increased tax rates on large incomes. Up to 1908-1909 the tax above the abatement limit of £700 remained strictly proportional but opinion showed a decided tendency in favour of extra rates or a supertax on incomes above an assigned amount (e.g. £5,000), and this was included in the budget of 1909-1910. In close relation with the income-tax is the estate duty, with its adjuncts of legacy and succession duties. After Pitt's failure to carry the succession duty in

neg: Republican Party (United States) and Jobs Act of 2017. Modern Republicans advocate the theory of supply side economics, which holds that lower tax rates increase economic growth. Many Republicans oppose higher tax rates for higher earners, which they believe are unfairly targeted at those who create jobs and wealth. They believe private spending is more efficient than government spending. Republican lawmakers have also sought to limit funding for tax enforcement and tax collection. By 2018, the Internal Revenue Service, which Republicans had primarily starved of resources in the past decade, had lost considerable abilities to conduct audits and to engage in large-scale investigations of

neg: Montoursville Area School District to attend the district's schools. The 2012 tuition rates for the district are Elementary School - $8,271, High School - $8,863. Montoursville Area School District is funded by a combination of: a local income tax 1.65%, a property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Grants can provide an opportunity to supplement school funding without raising local taxes. In the Commonwealth of Pennsylvania, pension and Social Security income are exempted from state personal income tax and local earned income tax regardless of the individual's wealth. The average

neg: 1978 California Proposition 13 have an incentive to remain in their property and not sell, there are fewer property transfers under this type of property tax system. California also has high rates of migrants from other countries and states, which has contributed to more demand for housing, and it has low amounts of moderately priced housing due to the increased property tax liability after a sale. In effect, because the different tax treatment makes real estate more valuable to the current owner than to any potential buyer, selling it makes no economic sense. Owners of commercial real estate benefited under the original rules of

neg: Johnson County, Kansas tax rates are generally lower in Johnson County because property values in the county are higher than in other counties throughout Kansas. Note: Some cities have multiple tax rates because they are divided among multiple school districts. The above rates are what exist for the majority of residents in the city. According to the 2010 Census Bureau, the education attainment of the population 25 years and over: 95.6% high school graduate or higher, 51.1% bachelor's degree or higher, and 17.9% graduate or professional degree. The Johnson County Library has 13 branches. Johnson County has a grid network through most of

neg: Tax policy and economic inequality in the United States dropped from 21.8% to 19.9% in 1989. However, by 2010, the top 1 percent of all households an average federal tax rate of 29.4 percent, with 2013 rates to be significantly higher. Capital gains are profits from investments in capital assets such as bonds, stocks, and real estate. These gains are taxed, for individuals, as ordinary income when held for less than one year which means that they have the same marginal tax rate as the marginal income tax rate of their recipient. This is known as the capital gains tax rate on a short-term capital gains. Accordingly, the capital

neg: Red Lion Area School District tuition rates are Elementary School - $8,714.42, High School - $9,936.97. Red Lion Area School District is funded by a combination of: a local earned income tax 1%, a property tax, a real estate transfer tax 0.50%, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless of the level of personal wealth. For the 2012-13 school year, Red Lion Area School District received $14,162,776. The Governor's Executive Budget for 2012-2013 included $9.34

neg: Crown Estate Paving Commission immediately surrounding the park, regulating parking in those streets, collection of domestic refuse and opening and shutting the park gates. The Commission also maintains the terrace gardens adjacent to the public park. It also regulates requested modifications, such as pathways. The public park itself is managed by The Royal Parks. CEPC has statutory authority under the 1851 Act to collect rates from the occupiers of buildings in the streets which it manages numbering about 1,200. The rates pay for matters which elsewhere are funded by Council Tax, but the occupiers are also liable to pay Council Tax to Camden London

neg: Alternative minimum tax higher tax rates than others. On the other hand, individuals or corporations which received the bulk of their income from such sources as capital gains or were in a position to benefit from net lease arrangements, from accelerated depreciation on real estate, from percentage depletion, or from other tax-preferred activities tended to pay relatively low rates of tax. In fact, many individuals with high incomes who could benefit from these provisions paid lower effective rates of tax than many individuals with modest incomes. In extreme cases, individuals enjoyed large economic incomes without paying any tax at all. This was true

neg: Williams Valley School District the public school district pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the Williams Valley School District's schools. The 2012 tuition rates are Elementary School - $8,581, High School - $10,003.79. Williams Valley School District is funded by a combination of: a local earned income tax of 1%, a local property tax, a real estate transfer tax 0.5%, a $5 (Act 511) per capita tax, a $5 (Sec 679) per capita tax, a $10 occupation privilege tax, and a $205 occupation tax,

neg: Business ownership within England and Wales to do this because corporation tax rates are much lower than income tax rates. Business which make more than £60,000 have to register for a VAT number they also need to charge their customers VAT, you also need to fill in the relevant VAT returns and send VAT payments to HM Revenue & Customs. VAT is paid on its purchases this is called input tax they also charge tax on sales this is called output tax; if a business gains more output tax from what it pays in input then it must pay the difference, if the business receives more

neg: Central Columbia School District a nonresident student's parents must pay to attend the District's schools. The 2012 tuition rates are Elementary School - $7,756.21, High School - $8,718.57. In 2015, the District's tuition rates were: elementary - $8,813.09 and the high school was $10,791. In 2016, 28 pupils chose to attend cyber charter schools. The Central Columbia School District is funded by a combination of: a local income tax 1.05%, a property tax, per capita taxes, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and a small amount, generally 10% of its budget from the federal government.

neg: Capital gains tax is set by its tax collecting agency, the Bureau of Internal Revenue. Most often, real estate transactions in the Philippines are being sealed higher than their corresponding Market and Zonal values. As a standard process, the Capital Gain Tax is paid for by the seller, while the Documentary Stamp is paid for by the buyer. However, either of the two parties may pay both taxes depending on the agreement they entered into. Tax Rates: For real property For Shares of Stocks Not Traded in the Stock Exchange Since 2004 there is one flat tax rate (19%) on capital income. It

neg: Marriage penalty and filing as a married couple (ignoring the question of deductions, see below). But at the higher end of the tax schedule, there is a penalty for a married couple whose incomes are similar, compared to what they would pay as singles. For example, the following chart shows the US federal tax rates for 2013: Under these tax rates, two single people who each earned $87,850 would each file as "Single" and each would pay a marginal tax rate of 25%. However, if those same two people were married, their combined income would be exactly the same as before (2

neg: Otto-Eldred School District attend the Otto-Eldred School District's schools. The 2012 tuition rates are Otto-Eldred Elementary School - $9,071.43, Otto-Eldred Junior Senior High School - $10,543.76. Otto-Eldred School District is funded by a combination of: a local earned income tax, a property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Grants provide an opportunity to supplement school funding without raising taxes. In Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless of the level of wealth. For the 2012-13 school

neg: Gettysburg Area School District tuition rate for each school district. It is the amount the public school district pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the District's schools. The 2012 tuition rates are Elementary School – $9,935.50, High School – $11,168.47. Gettysburg Area School District is funded by a combination of: a local earned income tax 1.7%, a property tax, a real estate transfer tax 0.5%, per capital taxes $10, admissions tax 10%, Emergency & Municipal Services Tax $10, coupled with substantial funding from the

neg: Tamaqua Area School District an annual tuition rate for each school district. It is the amount the public school district pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the Tamaqua Area School District's schools. The 2012 tuition rates are Elementary School - $8,311.23, High School - $8,898.35. Tamaqua Area School District is funded by a combination of: a local earned income tax 1%, Occupation Privilege Tax $5, Assessed Occupation Tax $225.00, per capita taxes $10, a property tax, a real estate transfer tax 0.05%, coupled with

neg: Economic Growth and Tax Relief Reconciliation Act of 2001 several areas of the U.S. Internal Revenue Code, including income tax rates, estate and gift tax exclusions, and qualified and retirement plan rules. In general, the Act lowered tax rates and simplified retirement and qualified plan rules such as for individual retirement accounts, 401(k) plans, 403(b), and pension plans. The changes were so large and numerous that many books and analysis papers were published regarding the changes and how to best take advantage of them. All the 2001 tax cuts were set to expire at the end of 2010 when Congress extended them. Many of the tax reductions in EGTRRA

neg: Estate tax in the United States undertaker and the tax collector on the same day.". As the Tax Foundation notes, because the tax can be avoided with careful estate planning, estate taxes are effectively 'penalties imposed on those who neglect to plan ahead or who retain unskilled estate planners' rather than actual taxes." Some free market critics of the estate tax contend that proponents assume the superiority of socialist/collectivist economic models. Under this view, proponents of the tax commonly argue that "excess wealth" should be taxed without offering a definition of what "excess wealth" could possibly mean and why it would be undesirable if procured through

neg: Economic Club of New York which Club members, selected in advance and seated on the dais, will query the speaker. There are no constraints placed on what speakers may say during their presentation. Questioners are not constrained either. Club speakers often use the platform to put forth their agendas to members and the media. On December 14, 1962 then-President John F. Kennedy made his famous remarks calling for a sharp cut in tax rates and reform of the tax system in order to grow the economy. In part, he said: In short, it is a paradoxical truth that tax rates are too high today and

neg: Harmony Area School District a nonresident student's parents must pay to attend the district's schools. The 2013 tuition rates are Elementary School - $10,365.52, High School - $13,256.78. Harmony Area School District is funded by a combination of: a local earned income tax of 1%, a property tax, a real estate transfer tax 0.5%, occupational privilege tax $10 per worker per year coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless of the individual's personal wealth.

neg: Northeastern York School District York School District's schools. The 2012 tuition rates are Elementary School - $9,410.53, High School - $10,080.37. Northeastern School District is funded by a combination of: a 1% local income tax, a property tax, a real estate transfer tax 0.5%, per capita tax $5, a special per capita tax $5, a flat rate occupation tax of $10.00, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Grants can provide an opportunity to supplement school funding without raising local taxes. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income

neg: Domestic policy of the George W. Bush administration expire a decade after passage, increased the standard income tax deduction for married couples, eliminated the estate tax, and reduced marginal tax rates. Bush asked Congress to make the tax cuts permanent, but others wanted the cuts to be wholly or partially repealed even before their scheduled expiration, seeing the decrease in revenue while increasing spending as fiscally irresponsible. Bush's supporters claim that the tax cuts increase the pace of economic recovery and job creation. They also claim that total benefits to wealthier individuals are a reflection of higher taxes paid. Individual income tax rate provisions in the 2001 law,

neg: Milton Area School District parents must pay to attend the district's schools. The 2012 tuition rates are Elementary School - $8,033.05, High School - $9,058.70. KOZ tax free zone In 2013, a local business group - Milton Area industrial Development Association, applied to the school board for a KOZ designation which would have exempted its 15.8 acre property from paying school property taxes for 10 years. The board rejected the application for a second 10-year KOZ tax exemption. Milton Area School District is funded by a combination of: a local earned income tax 1.3%, a property taxes, a real estate transfer tax - 0.5%,

neg: Sharon City School District school districts received approval to exceed the Index. For special education costs, 129 districts received approval to exceed the tax limit. For the 2011-12 school year, the Sharon City School Board did not apply for an exception to exceed the Act 1 Index. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate

neg: Pottsville Area School District February. A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other

neg: Armstrong School District (Pennsylvania) district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011–2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school

neg: Ephrata Area School District the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011–2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that

neg: West Branch Area School District February. A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other

neg: Central York School District adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011–12 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts

neg: Midd-West School District A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. For the 2011-12 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted

neg: Franklin Regional School District district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts

neg: Bermudian Springs School District adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011–2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts

neg: Mifflinburg Area School District A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other

neg: North Schuylkill School District adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011−12 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that

neg: Otto-Eldred School District the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that

neg: Tuscarora School District A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19

neg: Commodore Perry School District district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school

neg: Midland Borough School District in February. A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the

neg: Rochester Area School District district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts

neg: Albert Gallatin Area School District A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other

neg: Yough School District preliminary budget in February. A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate

neg: Muncy School District resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-12 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted

neg: Jersey Shore Area School District for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011–2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary budget did not

neg: Tyrone Area School District not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary budget

neg: Mercer Area School District not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011-12 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary

neg: Keystone Oaks School District for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 Pennsylvania public school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 public school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary

neg: Athens Area School District apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is publisher each year by the Pennsylvania Department of Education. According to a state report, for the 2011–2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary budget

neg: Brockway Area School District may not apply for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary

neg: Philipsburg-Osceola School District for referendum exceptions or ask voters for a tax increase above the inflation index. A specific timeline for these decisions is published annually, by the Pennsylvania Department of Education. According to a state report, for the 2011-2012 school year budgets, 247 school districts adopted a resolution certifying that tax rates would not be increased above their index; 250 school districts adopted a preliminary budget. Of the 250 school districts that adopted a preliminary budget, 231 adopted real estate tax rates that exceeded their index. Tax rate increases in the other 19 school districts that adopted a preliminary budget did not