How Does the “Tax Cuts and Jobs Act” Affect Ph.D. Students?
ثبت نشده
چکیده
By: Vetri Velan, Ph.D. student in Physics at UC Berkeley November 4, 2017 (Revised November 7, 2017: Fixed typo on standard deduction amount. Added extended health insurance costs to MIT calculations. Added section “Effects on Other Students.” Original here) Legal disclaimer: This work is my own, and I am not a tax expert.
منابع مشابه
Responses of the Self-Employed to the 2001 Tax Act
The Economic Growth and Tax Relief Reconciliation Act of 2001 reduced individual income tax rates for most taxpayers. The conventional wisdom, and evidence from earlier reductions in marginal tax rates, suggests that such reductions are associated with expansions of small businesses. In this paper I investigate how the business decisions of self-employed taxpayers responded to the 2001 rate cut...
متن کاملSequestration: A Review of Estimates of Potential Job Losses
Policymakers and economists have expressed concern that spending cuts and tax increases (commonly referred to as the " fiscal cliff ") may push a slowly growing economy into recession in 2013. In summer 2012, policymakers particularly focused on how sequestration as delineated in the Budget Control Act (BCA) of 2011 (P.L. 112-25) might affect employment in the near term. (Sequestration refers t...
متن کاملTuition reduction is the key factor determining tax burden of graduate students under the Tax Cuts and Job Act
Background: The proposed Tax Cuts and Jobs Act (H.R.1) has stirred significant public debate on the future of American economics. While supporters of the plan have championed it as a necessity for economic revitalization, detractors have pointed out areas of serious concern, particularly for low- and middle-income Americans. One particularly alarming facet of the plan is the radical change to...
متن کاملDo Different Jobs and People's Beliefs Affect Their Commitment to High-Risk Driving Behavior?
Since driving behaviors are cross-cultural in nature, they are directly under the influence of the ethical characteristics and mentality of individuals. This reality dramatically connects the driver behavior studies to the study of the humanities. People's jobs can substantially affect their beliefs and legitimacy, which are two critical indicators that successively affect the social lifestyle....
متن کاملThe Dividend Clientele Hypothesis : Evidence from the 2003 Tax Act ∗
In this paper, I test the dividend clientele hypothesis (DCH) by examining the impact of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the 2003 tax act) on household portfolio dividend yields. The DCH predicts that the 2003 tax act, which reduced the tax-disadvantage of dividends differentially across the income distribution, would cause high income households to shift their portfo...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2017