Word: taxed
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...tempers and emeralds to boost teenage boys' school grades. Princess Diya Kumari, 35, daughter of the maharajah of Jaipur, wears a large diamond pendant and earrings and a small evil-eye ring during her afternoon stroll at the palace. When Jaipur was built, beginning in 1727, her ancestors offered tax incentives to lure talented craftsmen, including jewelry workers, and their descendants continue to work all over the city...
...pulses by promising to make Australia "the most female-friendly environment in the world," and hinted at increased spending on child care and more flexible work practices. If he delivers, there'll be ovations from families whose frustrated calls for fresh approaches to the issue - such as making fees tax deductible and giving tax breaks to employers who help provide care - are rapidly becoming a chorus. Joining in is high-profile federal Liberal backbencher Jackie Kelly, who in January described child care as a "shambles" badly in need of attention. Kelly, who later announced she would refuse to vote...
...basically think that child care shouldn't cost them anything." Howard points out that his government's 30% rebate on child-care fees - introduced in 2004 but paid for the first time only this year - offers parents up to $A4,000 per child each year. Making child-care costs tax deductible would be unfair, he adds, because it would favor those with higher incomes...
...worth the paperwork. Industry bodies are also arguing for increased government subsidies to address the shortage of places for very young children; and numerous submissions to the government's Balancing Work and Family Inquiry, due to report later this year, have lobbied for child-care expenses to be made tax deductible. Jackie Kelly advocates a different approach, with fringe benefits tax reform, and incentives for employers to provide child care: "We have to start focusing on the workplace and taking the roadblocks away from employers." Some companies, like mining and chemicals giant Orica, aren't waiting for government-led reform...
...tax reasons, TIPS are best held in an IRA or a 401(k). That's because all gains from TIPS are subject to yearly federal income tax, even though a potentially large portion of the gains can't be collected until the bond matures...