How to use Income in a sentence
This income will not be regarded as welfare.
He had a good income and access to his father's equipment.
Despite Count Bezukhov's enormous wealth, since he had come into an income which was said to amount to five hundred thousand rubles a year, Pierre felt himself far poorer than when his father had made him an allowance of ten thousand rubles.
There will be so much wealth that a minimum income will be guaranteed to everyone.
Countries whose average income is $1,500 tax at 20 percent.Advertisement
Or these jobs can be divorced from economic realities, as the struggling painter or actor decides simply to do what he loves and live off the minimum income afforded by this planet-wide prosperity.
At the same time, the percent of income we individually have to spend on feeding ourselves plummeted as well.
Just half a century ago, Americans on average spent more than 20 percent of their income on food.
The price of Italian consolidated 5% (gross, 4% net, allowing for the 20% income tax) stock, which is the security most largely negotiated abroad, and used in settling differences between large financial institutions, has steadily risen during recent years.
You boast of spending a tenth part of your income in charity; maybe you should spend the nine tenths so, and done with it.Advertisement
His income would be reduced by three fourths, but he felt it must be done.
You expect to make an income out of the government?
This is simply returning to the people a portion of income from land that is publicly owned.
She was the one who wanted Alex to make the decisions - and the goat dairy had never been more than an income to her.
In societies where a large percentage of income is necessary just to buy food, having volatile food prices will mean hunger sooner or later, no matter how good the factory jobs are.Advertisement
Food in the United States is so inexpensive as a percentage of national income that it literally is a throwaway item.
Income from land has diminished on the whole.
The public schools are supported by the income from a Federal grant of 2,000,000 acres of public land (given in lieu of the usual sixteenth and thirty-sixth sections) supplemented by state and local taxation.
I describe these three situations because each, in its own way, illustrates how I think the future will play out regarding income and wealth.
Once technology allowed for the recording and sale of records, their income shot way up—they could use technology to magnify their ability.Advertisement
In the United States, you could do it via the tax code, with government only acting as an income redistribution agent but not as a food distributor.
It seems that we can afford to spend more on government as income rises.
Taxable revenue corresponds to two-thirds of actual income from factories and to three-fourths of actual income from houses; it is ascertained by the agents of the financial administration.
It is proportional, and is collected by deduction from salaries and pensions paid to servants of the state, where it is assessed on three-eighths of the income, and from interest on consolidated stock, where it is assessed on the whole amount; and by register in the cases of private individuals, who pay on three-fourths of their income, professional men, capitalists or manufacturers, who pay on one-half or nine-twentieths of their income.
The President was insistent upon the need of repealing the excess profits taxes and reducing transportation taxes and income surtaxes.Advertisement
This greatly reduced his income for a number of years.
The state owned, in 1909, 30,002 shares of stock in the North Carolina Railroad Company,' with a market value (1907) of $5,580,372 (the stock being quoted at 186), and an annual income of $210,014 and 12,666 shares of stock in the Atlantic & North Carolina Railroad Company, from which the annual income is $31,665.
The Rev. Albert Clayton, the secretary of the fund, lavished his strength on his vast task and the total income exceeded I, 073,782.
For example, there is no corporate income tax on retained earnings.
In addition to a large income from rentals, the Santa Casa receives the product of certain port taxes in return for opening its wards to the crews of all vessels in port.Advertisement
Yet the whole of his income after resigning office did not exceed .ioo a year.
For a while interest charges consumed 85% of the income of the government.
The Pennsylvania state college at State College, Center county, was established in 1855 as the farmers' high school of Pennsylvania, in 1862 became the Agricultural College of Pennsylvania, and received its present name in 1874 after the income from the national land grant had been appropriated to the use of the institutions; in1909-1910it had 147 instructors, 1400 students and a library of 37,000 volumes.
Finally, the popes have devoted to the missions the income arising from the Chamber of Spoils (Camera Spoliorum), i.e.
Moreover, after the knight's liability to personal service in war had been modified in the 12th century by the scutage system, it became necessary in the first quarter of the r3th to compel landowners to take up the knighthood which in theory they should have coveted as an honour - a compulsion which was soon systematically enforced (Distraint of Knighthood, 1278), and became a recognized source of royal income.Advertisement
The knighthood of St Maurice and St Lazarus is now a dignity conferred by the king of Italy (the grand master) on persons distinguished in the public service, science, art and letters, trade, and above all in charitable works, to which its income is devoted.
The yearly income of Zuniga at the time of his resignation amounted to 150,000 ducats.
Thirty years later its income was £ 200,000 a year; and now it is £300,000.
For in them the dead are not counted; and the converts who are already dead are-at least in respect of individual salvation-the surest of III.-Protestant Missionary Income.
Although pressed by the minister to prepare for them a complete course of mathematics, he declined to do so, on the ground that it would deprive Mme Bezout of her only income, from the sale of the works of her late husband; he wrote, however (1786), his Traite elementaire de la statique.Advertisement
He settled finally in Edinburgh in 1769, having now through his pension and otherwise an income of £1000 a year.
The breeding of livestock (cattle, sheep and horses), is an important source of income.
This state of matters was so clearly proved that an arrangement was agreed to on the part of the vicar (Dance), by which he allowed £60 a year, out of his income X200, to a preacher who should be chosen by certain trustees.
The change, though it brought promotion in dignity, caused a diminution of income as well as of power; but Coke received some compensation in being appointed a member of the privy council.
Thus they became transferable to laymen and saleable like ordinary property, in spite of the injunctions of the third Lateran Council, and they became payable out of sources of income which were not originally tithable.Advertisement
The income of the forty establishments was, in 903, 1/28,500,000 (including 1,700,000 imperial subsidy).
It may be added that employees in mercantile and trading houses, who have not exceeded the age of 40 years and whose income is below 1/215o, are allowed voluntarily to share in the benefits of this insurance.
At the same time, owing to the adoption of free trade, the income from customs was continually diminishing.
The result was that the income from customs and excise rose from about 230 million marks in 1878-1879 to about 700 millions in 1898-1899, and Bismarcks object in removing a great burden from the states was attained.
The natural course when the new source of income had been obtained would have been simply to relieve the states of part or all of their contribution.Advertisement
There was therefore a constant decrease in the income from land, and this took place at a time when the great growth of wealth among the industrial classes had made living more costly.
An affectionate son, and ever ready to give of his hard-earned income to more than one ne'er-do-well brother, he maintained that natural relationship had no claim on man, nor was gratitude to parents or benefactors any part of justice or virtue.
It spread over the whole of the empire; in a few years it numbered roo,000 members, and had an income of nearly 300,000 gulden; no private society in Austria had ever attained so great a success.
He showed generosity in assigning a considerable income to be divided annually among the peasant proprietors of upper Guienne.
The administration of the fund was handed over to a body of trustees, who devote the annual income (L100,000) partly to the payment of students' fees and partly to buildings, apparatus, professorships and research.
If the AP is understating their income they are probably also defrauding the government.
By order of Louis X11 these had been in an Etat General which included both demesne and extraordinary income.
All the income derived from practice does not equal profit.
However in January 1995 they did increase Mrs F's income support payments to include both disability and severe disability premiums.
Provide grants to families on low income with a physically or mentally disabled dependent to have a modest UK holiday break.
The premium income a better rate out of auto insurance discounters houston texas the gain their support.
The cost of study is a significant disincentive for students from lower income background.
The work disincentives created by the current arrangements for paying income support on mortgage interest were reduced.
Wouldn't it be better, Ms. Chairperson, to offer everybody a freely disposable " second income.
The remainder is, of course, not disposable income that can be shifted from one place to another.
In two-thirds of Zambian families where the father died, monthly disposable income fell by more than 80% .
This together with £ 500 per month by way of payments is totally disproportionate to his income.
However opting to take income drawdown means you give up the security that annuities offer.
Instead, an option, called income drawdown, lets you take an income directly from your personal pension plan.
You can continue income drawdown until you are 75, when you must buy an annuity by law.
The fund also caters for income drawdown under the new occupational drawdown rules.
Income in kind from greater ownership of consumer durables implies only slightly faster income growth at the bottom.
The income elasticity obtain coverage through of separate schip plans.
In recent years new forms of Income Tax relief have been introduced, to encourage the entrepreneur.
Such a robust level of income from independent sources might seem to put international organizations in a strong - if not enviable - position.
For quick income, he often ran small errands for an elderly man of substantial wealth who had taken Peter into his trust.
Features of new offense The new offense is to be " knowingly concerned in the fraudulent evasion of income tax " .
You can deduct maintenance expenses from your Spanish income tax.
All your rental income is declared using your personal tax return, i.e. the total of all the issued factures.
Projects could include income generation activities such as small-scale farming, arts and craft, and small scale trading.
The consultation paper shows that 22% of widows are in the bottom fifth of income distribution.
To produce the profits potential investors are being promised the AGR reactors are being run flat-out to increase electricity production and income.
It is impossible to have fair shared-care formula that doesn't look at both parents ' income.
It is recognized that a charity may need to retain some reserve of income in order to ensure the continued furtherance of its objects.
We consider that the requirement to distribute 95 per cent of rental income and realized gains is, however, unduly restrictive.
There is no income tax, capital gains tax, VAT, sales or use tax or wealth tax.
Instead they could be retiring with a lower income from their funded pension than previous generations.
In the long term, the gardens can be used for sustainable income generation by selling part of the harvest at local markets.
There are also 105 acres of ancient glebe adjoining the old church, the whole producing an income of £ 350.
It is costing the United States $ 400,000 to kill one guerrilla - enough to pay the annual income of 8,000 Vietnamese.
In 1887 it was found that he had exhausted (spent, and given away) the whole of the fortune he had received from his father, amounting, it is said, to something like £200,000; and he was dependent on the vast and increasing sale of his works, which produced an average income of £4000 a year, and at times on the sale of his pictures and realizable property.
Poland has had no separate budget since 1867; its income and expenditure are included in those of the empire.
By these means a large and rapidly increasing revenue is being secured to government; while the condition of the peasantry and people is being greatly ameliorated, an adequate but not excessive income is being secured to the native rulers; and the class of middlemen who lived by extortion and absorbed a great part of the wealth of the country is being abolished.
The Danish national debt, too, had risen enormously, while the sources of future income and consequent recuperation had diminished or disappeared.
In reality many charities with an expendable endowment depend on the income it produces to fund core or continuing activities.
One of the most significant in income terms is Amla, the Indian gooseberry.
Due to the loss of a steady source of income from the conflict, many women have turned to selling their traditional handicrafts.
Income from currently occupied and uncontested hexes containing rubium mines is then collected.
Home Improvement Agencies assist vulnerable homeowners or private sector tenants who tend to be older, disabled or on a low income.
If your partner is in a bail or probation hostel, you can still claim income support at the couples rate.
The average income for a mink hunt is reported as £ 4,500.
Thank you, JS - I can't stress often enough the importance of knowing we have a regular, secure source of income.
Discover how YOU can earn a good income from the comfort of your own home!
Get Paid to Surf The Internet in the UK... generate an income whilst they are surfing the internet.
We will also look at what ' disposable income ' you have.
Imagine putting a whole year's gross income into your pension!
Polish Lenders will not take into account any proposed rental income from the property that you wish to buy.
Not taxable income buy out the the array of are springing up.
So instead of automatically buying a retirement income from your pension provider, you should take time to consider your options.
Citizens and Corporations must pay income tax on ALL earned money, even if it is earned overseas.
The green tax switch - taxing gas-guzzlers and planes to cut income tax - is essential.
Of these deputies one-half are elected in the same way as members of the Folkething, without any property qualification for the voters; the other half of the deputy electors are chosen in the towns by those who during the last preceding year were assessed on a certain minimum of income, or paid at least a certain amount in rates and taxes.
That of Copenhagen is elected by those who are rated on an income of at least 400 kroner (2 2).
The benefices are almost without exception provided with good residences and glebes, and the tithes, &c., generally afford a comfortable income.
The Left was willing to vote 30,000,000 crowns for extraordinary military expenses, exclusive of the fortifications of Copenhagen, on condition that the amount should be raised by a property and income tax; and, as the elections of 1875 had given them a majority of three-fourths in the popular chamber, they spoke with no uncertain voice.
She had been forced upon him by his father, and he had never loved her; but he always treated her with marked respect, and provided her with a generous income, half of which she gave away in charity.
At first, sees were created and bishops were nominated by the crown by means of letters patent; and in some cases an income was assigned out of public funds.
The surplus income of the gallery fund is devoted to instruction in drawing and design in the two schools.
Perhaps the best instance of this is that in 1832 he refused from Lord Goderich an offer of a position which would have given him great influence in Canada and an income of L1,50o.
His wife had made over her income to her mother, but he had saved a small sum upon which to begin housekeeping.
According to the reports of the Inland Revenue Commissioners, the gross income derived from the ownership of lands in Scotland was returned in1879-1880at £7,7 6 9,3 0 3.
Royal burghs derive part of their income from ancient corporate property known as " the Common Good " and consisting mostly of land and houses.
In the summer of 1761, although still without any fixed income, he married, and for some time he found it necessary to devote himself to the duties of land-steward to the Baron von Loben in Lusatia.
The husband kept a careful record of income and expenditure.
His income amounted at Nuremberg to 1500 gulden (130) and a house; at Heidelberg, as professor, he received about the same sum; at Berlin about 3000 thalers (L300).
Though he received a large income, he was so improvident that he was frequently in want, and on the 22nd of February 1822 the legislature of Maryland passed a remarkable resolution - the only one of the kind in American history - requiring every lawyer in the state to pay an annual licence fee of five dollars, to be handed over to trustees appointed "for the appropriation of the proceeds raised by virtue of this resolution to the use of Luther Martin."
The death of his father had left him an estate of 1900 acres, the income from which (about £400) gave him the position of an independent country gentleman; and while engaged in the law he had added to his farms after the ambitious Virginia fashion, until, when he married in his thirtieth year, there were s000 acres all paid for; and almost as much more l came to him in 1773 on the death of his father-in-law.
Though not personally extravagant, his salary, and the small income from his large estates, never sufficed to meet his generous maintenance of his representative position; and after his retirement from public life the numerous visitors to Monticello consumed the remnants of his property.
In 1565 Queen Elizabeth, to supplement the meagre income derivable from the archiepiscopal see owing to the disturbed state of the country, appointed Loftus temporarily to the deanery of St Patrick's; and in the same year he became president of the new commission for ecclesiastical causes.
Since 1886 an assessed tax has been levied on all sources of income except that derived from land.
The rate is a little more than 2l% on all incomes exceeding £133 a year, and a little more than 2% on incomes exceeding £66, the minimum income liable to assessment having been raised in 1903 from £33.
In1907-1908the gross receipts from income tax amounted to £1,504,000.
In these forests every reasonable facility is afforded to the people concerned for the full and easy satisfaction of their needs, which are generally for small timber for building or fuel, fodder and grazing for their cattle, and edible products for themselves; and considerations of forest income are subordinated to those purposes.
He reorganized the customs system, imposed an income tax and licence duty and created a state paper currency.
These troubles and a narrow income conspired to make Lowell almost a recluse in these days, but from the retirement of Elmwood he sent forth writings which show how large an interest he took in affairs.
Up to 1854 there was a surplus in hand, but since that time expenditure has on many occasions exceeded income, and the public debt in 1908 was £1,305,000, mainly incurred however on reproductive works.
In spite of this proceeding Henry wished to live at peace with his northern neighbour, and soon contemplated marrying his daughter to James, but the Scottish king was not equally pacific. When, in 1 495, Perkin Warbeck, pretending to be the duke of York, Edward IV.'s younger son, came to Scotland, James bestowed upon him both an income and a bride, and prepared to invade England in his interests.
In 1908 the two descendants of the old sultans of Cheribon still resided there in their respective Kratons or palaces, and each received an annual income of over X1500 for the loss of his privileges.
The diet consists of one chamber with thirty-eight members, of whom five are chosen by owners of land worth at least i 50 a year, five by those who derive a similar income from other sources, five by the university of Jena and other public bodies, and twenty-three by the rest of the inhabitants.
That from 1908 to 1910 estimated an annual income and an annual expenditure of about 620,000.
A large income is derived from the state forests.
In 1848 $500-$700 a day was not unusual luck; but, on the other hand, the income of the great majority of miners was certainly far less than that of men who seriously devoted themselves to trade or even to common labour.
The emoluments of his office were poor, but he also enjoyed the income of a canonry at Aberdeen and of the vicarage of Tullynessle.
She did not give up her claim until after the death of Charles of Anjou (1285), when Philip the Bold succeeded in getting her to accept an income from the county of Anjou in exchange for her rights in Provence.
The common schools are maintained with the proceeds of school taxes and an annual income from school funds which are derived principally from lands.
On coming of age he made an arrangement with the British government by which his income was reduced to £25,000 in consideration of advances for the purchase of an estate, and he finally settled at Elvedon in Suffolk.
A land revenue is derived from the sale of government lands, from quit rents and fees of transfer, &c. Judicial fees bring in a small amount, and the issue and sale of postage and revenue stamps have proved a fruitful source of income.
The cost of instruction and experimentation is met by the income from national grants (under the Morrill Acts of 1862 and 1882) and by state appropriations.
Sweden during her temporary occupation of these ports had derived from them an annual income of 3,600,000 gulden.
Fishing is an important item of income.
The gross income from the state railways is 26,607,622, and the net income 4,684,856 marks.
He was tail, rawboned and awkward; his early instruction was scant; but he "read books," talked well, and so, after his admission to the bar at Richmond, Virginia, in 1797, and his removal next year to Lexington, Kentucky, he quickly acquired a reputation and a lucrative income from his law practice.
The first problem on this side of expenditure is the due balancing of outlay by income.
Historically, there is, first, the tendency towards increase in state income to balance the advance in outlay.
The produce, at first distributed amongst the citizens, was later a part of the state income, and forms the subject of some of the suggestions respecting the revenue in the treatise formerly ascribed to Xenophon.
The idea that the ruler possessed a normal income in certain rents and dues of a quasi-private character, which on emergency he might supplement by calls on the revenues of his subjects, was a bequest of feudalism which gave way before the increasing power of the state.
The replacement of the four direct taxes by the income tax in France, as proposed in 1909, is a very recent example.
As tax contributions have taken the places of the revenue from land and fees, so, it would seem, are the taxes on commodities likely to be replaced or at least exceeded by the imposts levied on income as such, in the shape either of income taxes proper or of charges on accumulated wealth.
Financial adjustment implies the conception of a balance, and this should be found in the relation of outlay and income.
At the same time the average size of farms (not including farms with an area of less than 3 acres, which reported an annual income of less than $500) increased from 124.9 acres in 1880 to 433.6 acres in 1900.
In this year 39.6% of the farms derived their principal income from hay and grain, 33.2% from live stock, 5.5% from dairy produce, 3.5% from vegetables, 2.8% from fruits.
In 1572 a kind of Episcopacy was set up in the interest of the nobles, who in order to draw the income of the episcopal sees had to arrange with men possessing a legal title to them.
A lay association was formed, which raised large sums of money for the missionary schemes, so that their income was not allowed seriously to decline.
The Free Church in 1909 had 150 congregations and 77 ministers; its members and adherents are stated to number 60,000, and its income, apart from investments, is k22,542.
Large pension charities are administered by the governing body, and part of the income of the hospital (about L60,000 annually) is devoted to apprenticing boys and girls, to leaving exhibitions from the school, &c.
The income of this society was X1146 in 1905.
In 1812 they had only one degree-conferring college with a small faculty, a small student body and almost no endowment; in 1906 they had more than Too universities and colleges with endowment and equipment valued at about $30,000,000, and an annual income of about $3,000,000.
In 1809 his mother handed over to him (aged twenty-one) the third part of the paternal estate, which gave him an income of r50, and in October 1809 he entered the university of GÃ¶ttingen.
Latin, still the universal language of learning, formed no part of Jewish education; and Spinoza, after learning the elements from a German master, resorted for further instruction to a physician named Franz van den Ende, who eked out an income by taking pupils.
Like every Jew, Spinoza had learned a handicraft; he was a grinder of lenses for optical instruments, and was thus enabled to earn an income sufficient for his modest wants.
Boehm von Bawerk; Nature of Capital and Income, by Irving Fisher (1906).
The principal sources of income in the ordinary revenue are railways, forests, telegraphs and rent from Crown lands; and those in the revenue voted (bevillningar), which is about seven-eighths of the whole, customs, the taxes on spirits and beetsugar, and income from the post office.
The greater proportion of communal revenue comes from income and property tax, the sale of spirits under the Gothenburg System, and contributions from the treasury.
Eligibility necessitates Swedish birth, an age of at least 35 years, and the possession, at the time of election and for three years previously, either of real property to the value of 80,000 kronor (£4400), or an annual income on which taxes have been paid of 4000 kronor (£220).
Both senators and deputies must have reached the age of thirtysix, must have a specified income, and are required to serve without salary.
A considerable part of its income is derived from a subsidy included in the annual budget, which makes it a charge upon the national treasury like any other public service.
The revenues from the captured Peruvian nitrate fields then became an important part of the national income, which ten years later (1902) reached an aggregate of 138,507,178 pesos (of 18d.), of which 105,072,832 pesos were in gold.
To ensure an income that would meet its foreign engagements, the government collected the nitrate and iodine taxes and import duties in gold.
Mme de Montespan did yet more for her, for when, in 1669, her first child by the king was born, Mme Scarron was established with a large income and a large staff of servants at Vaugirard to bring up the king's children in secrecy as they were born.
The companys income is derived from tolls levied on vehicles and animals using the road.
Until 1888 the yearly expenditure was less than the yearly income, but subsequently the revenues were not sufficient to cover the expenditure, and many payments fell in arrear in spite of emptying the treasury of its reserve and contracting numerous loans.
In the United Kingdom the chancellor of the exchequer, usually in April, lays before the House of Commons a statement of the actual results of revenue and expenditure in the past finance year (now ending March 31), showing how far his estimates have been realized, and what surplus or deficit there has been in the income as compared with the expenditure.
If the estimated revenue, after allowing for normal increase of the principal sources of income, be less than the estimated expenditure, this is deemed a case for the imposition of some new, or the increase of some existing, tax or taxes.
The Indian budget, giving the results of income and expenditure in the year ending 31st of December, and the prospective estimates, is laid before the imperial parliament in the course of the ensuing session.
The farm was assiduously, if not very skilfully, cultivated, and other industries were established - most of the members paying by labour for their board - but nearly all of the income, and sometimes all of it, was derived from the school, which deservedly took high rank and attracted many pupils.
In 1812 his income from the Wedgwoods was reduced, and he settled the remainder on his wife.
The Commission estimated the annual income of the companies to be from £750,000 to £800,000, about f200,000 of that amount being trust income, the balance corporate income.
A handsome income was assured to him.
John returned with his wife to Oxford, and continued to hold his fellowship for what is called the year of grace given after marriage, and added to his income by acting as a private tutor.
Peers, naturalized foreigners and certain employees of the state were unable to sit in the House of Commons; members were required to be graduates of one of the highest, secondary or professional schools, or to possess an income of not less than 400 milreis (88).
The right of suffrage is exercised by all male citizens, twenty-one years of age, or over, if single, and eighteen years, or over, if married, who can read and write, and own real estate or have an income of 200 bolivianos a year, said income not to be compensation for services as a servant.
The income from agriculture in 1899 was almost equally divided between crops ($ 8, 95 1, 44 0) and animal products ($8,784,364)-in that year forest products were valued at $315,821.
The fund yields an income of £200 per annum.
Crowned in St Peter's on the 31st of August at the age of sixty-three, he entered upon the lonely path of the reformer_ His programme was to attack notorious abuses one by one; but in his attempt to improve the system of granting indulgences he was hampered by his cardinals; and reducing the number of matrimonial dispensations was impossible, for the income had.
In this last year 27.5% of the farms derived their principal income from live stock, 20.3% from vegetables, 17.2% from dairy produce, 7.8% from fruits and 7.8% from hay and grain.
At the close of the fiscal year 1908 the school fund of the state was $4,850,602.41; the income for the year was $224,233.56 and the disbursements were $373, 0 95.7 6.
The income from the state school fund is divided among the counties on the basis of the total number of days of attendance of the public school pupils; the legislative appropriation, however, is apportioned among the counties according to their assessed property values.
There are, besides, the Edward Latymer foundation school for boys (1624), part of the income of which is devoted to general charitable purposes; the Godolphin school, founded in the 16th century and remodelled as a grammar school in 1861; Nazareth House of Little Sisters of the Poor, the Convent of the Sacred Heart, and other convents.
The direct taxation is represented by a tax of one penny in the pound on the unimproved value of land, sixpence in the pound on the annual income derived in the state from all sources, except the use and occupation of land and improvements thereon.
The income of the postal and telegraph department in 1905 was £1,065,618 and the expenditure £933,121, but there were some items of expenditure not included in the sum named, such as interest charges, &c., and cost of new buildings.
The sources of revenue of the council are the exchequer contribution, income from property and fees, and rates.
Another source is the income of any property belonging to the council, but the amount of this is usually small.
The remaining source of income of a county council is the county rate, the manner of levying which is hereafter stated.
As a general rule the poorlaw valuations are followed, but this is not universally the case, some county councils adopting the assessment to income tax, schedule A, and others forming an independent valuation of their own.
The entire income of the borough council is paid into the borough fund, and that fund is charged with certain payments, which are specifically set out in the 5th schedule to the act of 1882.
If the income from such property is insufficient for the purposes to which it is applicable, as usually, is the case, it has to be supplemented by a borough rate, which may be a separate rate made by the council or may be levied through the overseers as part of the poor rate' by means of a precept addressed to them.
The income which the Cossack voiskos receive from the lands which they rent to different persons, also from various sources (trade patents, rents of shops, fisheries, permits of gold-digging, &c.), as also from the subsidies they receive from the government (about £712,500 in 1893), is used to cover all the expenses of state and local administration.
His professional income as a lawyer was estimated at $ioo,000 per annum shortly before his death at Washington, D.C., on the nth of January 1893.
For the maintenance of the common schools each town is required (since 1905) to raise annually at least fifty-five cents per capita, exclusive of what may be received from other sources, and to this is added the proceeds of a state tax of one and a half mills on a dollar, onehalf the proceeds of the tax on savings banks, a 6% income from the permanent school fund (derived mainly from the sale of school lands), and state appropriations for the payment in part of the superintendence in towns that have united for that purpose.
In 1899 hay and grain furnished the principal income from 35.4% of all farms in the state, and live-stock from 28.1% of all farms. In 1899, 255,699 acres, or 37.3% of the acreage of all crops, was sown to cereals, which were valued at $2,386,789, or 29% of the value of all crops.
These exercises were not of a nature to add to his income, which was extremely small.
This mitigated form of appropriation of human beings by their conquerors may be brought about as well by the paucity or comparative weakness of the victors as by the difficulty for them to draw income from pure slaves.
On the other hand, the growth of the Muscovite state with its fiscal and governmental requirements involved a watchful repartition of burdens among the population and led ultimately to a system of collective liability in which the farms were considered chiefly as the sources of taxable income.
In both cases there is absorption and administration by the state of so much of the income of the community, and it may be a question whether the private ownership of the property would not be more expedient both for the state and its subjects than state ownership is, in spite of the apparent advantage to all concerned in the state getting so much of its income without the compulsion of a tax.
Taxes are distinguished as direct, because they are charged directly upon the tax-payer from whose income they are supposed to be taken.
The income tax, a direct charge upon all incomes above a certain limit, is the principal type in the United Kingdom of a direct tax.
The income tax itself is not, in all cases, really paid to the state directly by the person out of whose income it comes.
A householder is assessed as occupier, but he may be "compounded for," and really know nothing of the payment, though it is supposed to come out of his income.
Direct taxation in the shape of income tax was substituted for indirect taxation previously levied, in order to relieve trade from the shackles of duties and charges which had become allembracing.
In France the direct taxes above referred to are described officially as direct, having been originally, there is little doubt, the main sources of government income; and there is equally an official designation of certain heads of revenue as "contributions et taxes indirectes."
The income tax (q.v.) for many years has been the most prominent, and latterly it has been the most productive, single tax.
Its technical name is the property and income tax, but it is essentially a charge upon all incomes or profits, whether arising from property, or from the remuneration of personal services, or from annuities, income being applied with the widest possible meaning.
In December of the same year this impost was repealed, and a true income tax of io per cent.
The reasons are that with the tax at a low rate it has been found much less intolerable than during the Napoleonic War, when it was at the rate of 10 per cent., while the pressure of the tax has also been greatly mitigated by placing very high the minimum income subject to it, and giving abatements upon the lower taxable incomes.
There have been great complaints also of injustice by the possessors of temporary and precarious incomes, who have to pay the same rate of tax as the owners of permanent incomes from property, although these complaints have been diminished to some small extent by the raising of the minimum limit of the income assessed and the increase of the principle of abatements.
The varieties of income charged being very great, and special claims for consideration having been set up at different times, the result has been the formation of an income tax code, defining the methods and rules for assessing the different classes of profits and income, and prescribing the way in which abatements and exemptions are to be obtained.
The character of the tax is accordingly much less odious than it would be if an account of individual incomes were invariably demanded, as was the case in the United States during the Civil War, when an income tax existed for a short time.
Other taxes grouped with the income tax by the authorities are house duty and land tax, but they are unimportant by comparison.
The house duty replaced a window tax and other charges which were formerly not unimportant, especially in the interval between 1815 and 1843, when there was no income tax.
The incidence is probably much the same as that of the income tax itself, though there are curious questions as to the ultimate incidence as between owners and occupiers of houses.
The land tax is quite unimportant, being an ancient tax upon an old assessment which has long become obsolete, and it interests economists most of all by the illustration it furnishes of what may be called a rentcharge tax - a tax, that is, which has been so long in existence and so fixed in its basis that it becomes in reality a charge upon the property, and not a direct burden upon the person who pays it, as the income tax is upon the person who pays it or for whom it is paid.
The excuse, as a rule, may hold good, that the postal charge is only a reasonable one for service rendered, so that the net income of the post office really resembles the profit of a business, but the element of taxation appears undoubtedly to enter.
If the government derived a large income from post office and telegraph service in excess of the amount expended, the whole income would be generally, and not improperly, described as taxation; but consideration, of course, must be given to the difference made by the working of the service generally for the public advantage rather than for purposes of revenue.
Another source of revenue in British imperial finance is that from fees in courts of justice, patent stamps and the like, which is usually classified, like the income of the post office, as revenue derived from other sources than taxes.
It is even at times a very burdensome tax, falling upon a family when its sources of income are otherwise diminished, while it has the demerit of striking a small number annually instead of being diffused equally.
The local authorities derive a large income from private property, and from monopolies such as water, gas, electric light, telephones and tramway service, which they carry on, and on which the same observations may be made as on the post office and telegraph services; but in addition there is a large amount of taxation.
The principal portion of this taxation consists of rates, that is, a direct charge upon the income or rental of real property, such as lands, houses, railways and mines, but mainly lands and houses.
Rates are even a more important factor in direct taxation than the income tax, and they have given rise to even greater complaints and discussion.
Rates were imposed, therefore, on all kinds of property and the income arising from them, just as they are imposed in the United States on the capital of the property itself.
The frank recognition that local income taxes are impossible, and that taxation on property for local purposes can only be applied to real property, where it becomes, usually or frequently, in the nature of a rent-charge, would have saved the legislature and the public an infinity of laborious discussion.
They take the place, to some extent, of the income tax, and are usually classed with the direct taxes.
Recent discussion, however, has gone rather to the point which Adam Smith neglected, that of inequality generally, not merely as between different sorts of income, but as between individuals and classes.
Along with this view has arisen the question whether the burden of taxation should not be progressive - the proportion of the sum taken by the state from the tax-payers increasing with the wealth of the individual; because ability to pay taxes is assumed to be not in proportion to, but to increase with the size of, the income.
There remain principally the income tax and one or two minor "direct" taxes, and the customs and excise duties.
These, it is said, can be distributed among different classes of tax-payers, because the income tax falls on the owners of incomes of all kinds of property subject to the duty, if their incomes are above a certain limit, while the incidence of customs and excise duties can be ascertained by inquiries as to the consumption of dutiable articles by different classes.
The payers of income tax, unfortunately, are not one class but many, and although the rate of duty is the same, the definition of income seems imperfect, so that many pay on a much larger assessment of income than seems fair in comparison with other incomes of nominally the same amount, but really of much greater value when all deductions from the gross sum are fairly reckoned.
If all who pay income tax are lumped together and contrasted with those who do not pay, then there is a false division to begin with, and there is so far no means of establishing equality or inequality.
On the other hand, the consumption by the income tax paying classes of customs and excise articles must vary indefinitely amongst themselves, according to personal habits, size of families, and even their geographical distribution.
As to progressive taxation based on the assumption that equality requires a larger proportionate charge upon a big income than on one of a smaller amount, the practical application of the principle, if true, would be impossible.
Of course there may be single taxes which are progressive in form, such as the licence tax in France, or the income tax in Great Britain, where progression is established by abatements, or the death duties, where progression by scale is very common.
The amount yielded, moreover, was considerable, being equal to a penny on the income tax, which it is desirable to maintain as a reserve of taxation.
Apart from the merits or demerits of particular taxes or groups of taxes, and the questions as to inequality, injury to trade, and the like already discussed, the aggregate of taxation, or rather revenue, of a state may be considered in the most general way, having regard to the proportion appropriated by the state of the total income of the community, and the return made by the state therefor.
On the other hand, some years ago in the United Kingdom, before the high expenditure on army and navy began, and before the South African war of 1899-1902, it is probable that with an outlay of less than roo,000,000 by the central government, the proportion of this outlay to the aggregate income of the people was not higher than onefourteenth.
The Revolution deprived him of his income and left him in great destitution.
But his idea certainly was that his friars should not only practise the utmost personal poverty and simplicity in their life, but that they should have the minimum of possessions - no lands, no funded property, no fixed sources of income.
Senators must be forty years old and possess an income of 9400 lei (£376).
They are chosen by two colleges of electors; one composed of citizens with an income of £80; the other, of citizens with incomes varying from £32 to £80.
All persons with an income of £50 vote in the first; all residents in an urban commune who pay taxes amounting to sixteen shillings yearly, with those who have been through the primary course of education, and all members of the liberal professions, retired officers and state pensioners, vote in the second.
Within its borders or close about them are the centres of total and of improved farm acreage, of total farm values, of gross farm income, of the growth of Indian corn, of wheat, and of oats.
The age of admission to the Samaj is eighteen, and members are expected to contribute to its funds at least 1% of their income.
Of this $30,000 was to found Smith's Agricultural School at Northampton, which opened for instruction in 1908; an income of $10,000 was to be paid to the American Colonization Society, but this society failed to comply with the restrictions imposed by the will, and the $Io,000 was incorporated with the Agricultural School fund; and $360,000 was devoted to indigent boys and girls, indigent young women and indigent wido«s.
The fund is administered by a board consisting of the governor, the secretary of state and the state treasurer, and the income from it is apportioned among the counties according to the number of children of school age.
In 1909 the invested funds of the university amounted to about $8,594,300, yielding an annual income of about $428,800; the income from state and nation was about $232,050, and from tuition fees about $336,100; the campus and buildings were valued at about $4,263,400, and the Library, collections, apparatus, &c. at about $1,826,100.
It is true that the loss to his income which this would have caused was obviated by a patent from the crown in April 1675, allowing him as Lucasian professor to retain his fellowship without the obligation of taking holy orders.
Income tax, for instance, is calculated on income, and is in the nature of a deduction from the income; but local rates are calculated in proportion to certain other payments, actual or potential, and could without absurdity exceed 20s.
It is now liberally supported by the state; in 1908 its annual income was about $650,000.
Almost nine-tenths of all farms derived their principal income from livestock or hay and grain, these two sources being about equally important.
In the budget of 1842 Sir Robert Peel terminated the deficit by reviving the income tax.
Instead of allowing the income tax to expire, he induced parliament to continue it for a further period, and with the resources which were thus placed at his disposal he purged the tariff of various small duties which produced little revenue, and had been imposed for purposes of protection.
A certain increase of the income tax to a shilling seemed a much more serious calamity than the uncertain prospect of a possible invasion.
He suggested that the cost of these measures should be defrayed by extending the income tax to Ireland to industrial incomes of 100 and to permanent incomes of 50 a year, as well as by doubling the house tax, and extending it to all 10 householders.
In order to enable him to accomplish these great changes, Gladstone temporarily raised the income tax, which he found at 9d.
The revenue increased by leaps and bounds, and the income tax was gradually reduced till it stood at 4d.
But it was proposed that these extensions should be accompanied by an educational franchise, and a franchise conferred on persons who had paid twenty shillings in assessed taxes or income tax; the tax-payers who had gained a vote in this way being given a second vote in respect of the property which they occupied.
He announced his decision in an address to his constituents, in which, among other financial reforms, he promised to repeal the income tax.
At the Diet of 1825, when the motion for founding a Hungarian academy was made by PM Nagy, who bitterly reproached the Magyar nobles for so long neglecting their mother-tongue, Szechenyi offered to contribute a whole year's income (60,000 florins) towards it.
Burke made some sort of income out of his 600 acres; he was for a short time agent for New York, with a salary of £700; he continued to work at the Annual Register down to 1788.
He did not enjoy the income long.
His title was to be Lord Beaconsfield, and it was designed to annex to the title an income for three lives.
Insurance companies are taxed on premiums and income.
The total income for schools in1907-1908was $1,773,659, of which $1,379,410 was from the seven-tenths-of-a-mill tax, $200,000 was from licence fees and taxes upon corporations (for salaries of rural school inspectors) and $194,249 the income from the common school fund which in that year amounted to $3,845,929.
The board has also power of visitation and inspection over the Wisconsin Veterans' Home at Waupaca, founded in 1887 by the state department of the Grand Army of the Republic. In the state's treatment of the insane, chronic cases are separated and sent to the county asylums. The labour of convicts in the state prison is leased; until 1878 the state itself supervised manufacturing in the prison; then for twenty-five years the convicts were employed in making shoes for a Chicago firm; and since 1903 the state has received 65 cents a day for the labour of each convict, and at least 300 convicts are employed in the manufacture of socks and stockings, from which in1906-1908(two years) the income to the state was $156,890.
The public having shown no eagerness to subscribe, Necker proposed that every man should be invited to make a patriotic contribution of onefourth of his income.
A Law of Hostages, which was really a new Law of Suspects, and a progressive income tax showed the temper of the majority.
The total income and expenditure are each about £ 70,000 per financial period.
The wines of Rioja are highly esteemed and are an important source of income for the district.
They marry and work, and sometimes even bear arms like their parishioners, from whom a large part of their income is derived, in the shape of offerings and fees.
To these must be added the fattening of geese for Strassburg's celebrated pâtés de foie gras, which forms a useful source of income to the poorer classes.
The plague having visited Noyon, the young Hangests were sent to Paris in August '523, and Calvin accompanied them, being enabled to do so by the income received from his benefice.
There is a tax on the gross receipts of corporations, a graduated land tax on all holdings exceeding 640 acres, a tax on income exceeding $3500, and a tax on gifts and inheritances.
More rapacious than ambitious, she concerned herself little with government, but devoted her energies chiefly to augmenting her income, and providing for her family and friends.
In 1906 the net value of property assessed to estate duty, &c., in Ireland was £16,016,000 as compared with £306,673,000 in England and £38,451,000 in Scotland; and in 1905 the net produce of the income tax in Ireland was £983,000, as compared with £ 2 7,4 2 3, 000 in England and £2,888,000 in Scotland.
The 28 representative peers, with 75 other members having an income of £ 200, or a capital of £4000, elected for ten years by £25 occupiers, were to constitute the first order.
Lord Dunraven presided, and it was agreed to recommend a great extension of the Land Purchase system with a view to give the vendor as good an income as before, while decreasing the tenants' annual burden.
It has now an average annual income of about £80,000 derived from taxes paid by ships when 1 leaving the river.
The corporation owns valuable forests on the mountains of Upper Lusatia and other estates, the annual income of which is about £15,000..
As a rule, it may be said that the man content to start with an apiary of moderate size - say fifty stocks - may realize a fair profit from comb-honey only; but so limited a venture would need to be supplemented by some other means before an adequate income could be secured.
The census of 1900 showed that not less than two-fifths of the total net income came from live stock or from hay, grain and forage on farms representing together 96% of the farm-value of the state - live stock being a trifle more important; dairying was similarly predominant for 1.6%, and beet-sugar for ' 9.1%.
The revenue of the university is from the income of Congressional land grants under the Morrill Acts and from a one mill per one dollar tax on the current assessment roll of the state.'
The principal source of revenue was an indirect tax on corporations, the tax on railways, savings banks and life insurance companies, yielding 70% of the state's income.
The St Spiridion Foundation (due to the liberality of Prince Gregory Ghika in 1727, and available for the sick of all countries and creeds) has an annual income of over £80,000, and maintains hospitals and churches in several towns of Moldavia, besides the baths at Slanic in Walachia.
This increased income enabled the elector to take a more considerable part in European politics.
The income to the state from the prison is greater than the disbursements for its maintenance.
The state revenue is derived from a general property tax, a poll tax, an income tax, a tax on transfers of realty, an ad valorem tax on the average capital invested by merchants in their business, a privilege tax on merchants and many other occupations and businesses; a tax on litigation, levied on the unsuccessful party, a collateral inheritance tax, and fines and forfeitures.
In addition to the assistance from the renters, the money finally gave her an income of her own and the token independence that went with it.
She contributed nothing to their income.
The fact that he lived so far below his income, yet was focused on accumulating more wealth indicated she might be correct.
That's not uncommon for Big Apple young people, living on a modest income in a financially immodest city.
While these endeavors had produced zero income, the activities endeared him to the local ladies of the historical society who fluttered around the dapper gentleman like chicks at feed time.
It isn't like they couldn't survive without her contribution to the income.
He was looking for antecedent recoveries, income payments and aging book debts or equity in the matrimonial home.
Any expenses incurred by the trustees in publishing notices can be met out of the charity's income.
Savings and shares raising the program income is advocated within both the financial sustainability paradigm and poverty alleviation paradigms.
My household income is over 0,000 a year and I could barely afford a 1950s rambler with a 0,000 downpayment.
The United States does not tax non-resident aliens for any interest income or dividend income derived from the United States.
This particularly affects people who claim income support or jobseeker's allowance.
They do this to ensure that the details given in the application form are correct before paying the annuitant an income.
Part of this money is returned to the other annuitants in the form of more income.
However, with an enhanced or impaired life annuity the worse the medical conditions the higher will be the income paid to an annuitant.
This annuity taxation can be compared to a compulsory purchase annuity taxation can be compared to a compulsory purchase annuity for a pension where all the income is taxed as earned income.
We also review the amount of your income payments each year at the anniversary of the date your with-profits annuity policy started.
In lieu of the original lifetime tenancy granted the home income plan provider will provide you with a lifetime annuity.
A pension annuity is used to convert capital within a pension plan into a regular guaranteed lifetime income.
One way of having a higher income is to initially select a With profits annuity.
Place in a everyone feel like income said Arthur a the board at.
Enron was " looking for a quick way to sell assets to generate income, " said one long-time Enron finance person.
Whose geico automobile insurance income is them in response.
Our research income per researcher exceeds the sector average, reaching over £ 104,000 per active researcher in 2002/03.
The former approach reveals comparatively high levels of inequality aversion (implying a high level of income weighting) in contrast to the latter.
Pensioner claimants can deduct £ 20.00 for each one. £  Income from non-family boarders (meals included ).
Some smaller LLCs use a single-entry bookkeeping system such as a simple business check register to keep track of their expenses and income.
In consultation with the IES office, contact publishers to arrange bookstalls where possible (these provide an extra source of income ).
Crop waste is being used to make biomass briquettes for the stoves, providing an extra income to farmers.
Revenue at Merrill's retail brokerage rose 5 percent to $ 2.8 billion, buoyed by higher interest income.
Budget You will usually need to prepare a balanced budget You will usually need to prepare a balanced budget showing all your other income sources and everything that you will need to spend.