earned income exemption

简明释义

勤劳所得的免税

英英释义

例句

1.Nonprofits often inform their clients about the earned income exemption 工资收入豁免 during financial workshops.

非营利组织通常在财务研讨会上向客户介绍<得>工资收入豁免<得>。

2.For single parents, the earned income exemption 工资收入豁免 can significantly reduce their taxable income.

对于单亲父母来说，<得>工资收入豁免<得>可以显著减少他们的应税收入。

3.Many low-income families benefit from the earned income exemption 工资收入豁免 when filing their taxes.

许多低收入家庭在报税时受益于<得>工资收入豁免<得>。

4.Understanding the earned income exemption 工资收入豁免 can help you maximize your tax refund.

了解<得>工资收入豁免<得>可以帮助你最大化你的退税。

5.The government introduced an earned income exemption 工资收入豁免 to encourage more people to enter the workforce.

政府推出了<得>工资收入豁免<得>以鼓励更多人进入劳动力市场。

作文

The concept of earned income exemption is crucial for understanding how tax systems can benefit individuals, particularly those with lower incomes. In essence, an earned income exemption allows taxpayers to exclude a certain amount of their earned income from taxable income, thereby reducing their overall tax liability. This provision is especially important in progressive tax systems where the aim is to alleviate the financial burden on low- and middle-income earners.To illustrate, let’s consider a hypothetical situation involving a single parent working full-time at a minimum wage job. This individual earns a modest income that barely covers the cost of living. Without any form of relief, the taxes owed could significantly diminish their already limited resources. However, if there is an earned income exemption in place, this parent may be able to exclude a portion of their earnings from taxation. As a result, they retain more of their hard-earned money, which can be used for essential expenses such as housing, food, and childcare.The benefits of an earned income exemption extend beyond just individual taxpayers. When low-income families have more disposable income due to tax exemptions, they are likely to spend that money within their communities. This increased spending can stimulate local economies, create jobs, and contribute to overall economic growth. Furthermore, by providing tax relief to those who need it most, governments can help reduce poverty levels and promote social equity.Moreover, the implementation of earned income exemptions can serve as an incentive for individuals to seek employment. Many people may hesitate to take on work due to the fear of losing government assistance or facing a higher tax burden. With an earned income exemption, these individuals may find it more attractive to enter the workforce, knowing that they will not be penalized for earning a modest income. This can lead to a more engaged and productive workforce, ultimately benefiting society as a whole.However, it is essential to strike a balance when designing such tax policies. While earned income exemptions can provide significant benefits, they must be carefully calibrated to ensure that they do not create disincentives for higher earnings. Policymakers should consider the thresholds for income exemptions and how they may affect individuals’ decisions to pursue further education or better-paying jobs.In conclusion, the earned income exemption is a vital tool in the arsenal of tax policy aimed at supporting low- and middle-income families. By allowing individuals to retain more of their income, these exemptions not only alleviate financial strain but also foster economic growth and social stability. As we navigate the complexities of taxation and social welfare, it is crucial to understand the implications of earned income exemptions and advocate for policies that promote fairness and opportunity for all citizens.

“赚取收入豁免”（earned income exemption）的概念对于理解税收制度如何惠及个人，特别是低收入者至关重要。本质上，earned income exemption允许纳税人将一定金额的赚取收入从应纳税所得中排除，从而减少其整体税务负担。这一条款在累进税制中尤为重要，其目的是减轻低收入和中等收入者的经济压力。为了说明这一点，我们考虑一个假设的情况：一位全职工作的单亲家长，工资水平处于最低工资水平。这位个人的收入微薄，几乎无法覆盖生活成本。如果没有任何形式的减免，所需缴纳的税款可能会显著减少他们本已有限的资源。然而，如果有一个earned income exemption存在，这位家长可能能够将其部分收入从征税中排除。因此，他们保留了更多辛苦赚来的钱，可以用于住房、食品和儿童保育等基本开支。earned income exemption的好处不仅限于个别纳税人。当低收入家庭由于税收减免而拥有更多可支配收入时，他们很可能会在社区内消费这笔钱。这种消费的增加可以刺激地方经济，创造就业机会，并促进整体经济增长。此外，通过向最需要帮助的人提供税收减免，政府可以帮助减少贫困水平，促进社会公平。此外，实施earned income exemptions还可以作为个体寻求就业的激励。许多人可能因为担心失去政府援助或面临更高的税负而犹豫不决。然而，有了earned income exemption，这些人可能会发现进入劳动力市场更具吸引力，因为他们知道自己不会因为赚取微薄收入而受到惩罚。这可以导致一个更加参与和富有成效的劳动力，最终使整个社会受益。然而，在设计此类税收政策时，必须找到平衡。虽然earned income exemptions可以带来显著的好处，但它们必须经过仔细校准，以确保不会对更高收入产生消极影响。政策制定者应考虑豁免的收入门槛以及这些门槛可能对个人追求进一步教育或更高薪工作决策的影响。总之，earned income exemption是税收政策的重要工具，旨在支持低收入和中等收入家庭。通过允许个人保留更多收入，这些豁免不仅减轻了经济压力，还促进了经济增长和社会稳定。在我们应对税收和社会福利的复杂性时，理解earned income exemptions的影响并倡导促进公平和机会的政策至关重要。