BIG English meaning

On July 31 Germany sent a 24-hour ultimatum requiring Russia to halt its mobilization and an 18-hour ultimatum requiring France to promise neutrality in the event of war between Russia and Germany. Germany, which since July 28 had still been hoping, in disregard of earlier warning hints from Great Britain, that Austria-Hungary’s war against Serbia could be “localized” to the Balkans, was now disillusioned insofar as eastern Europe was concerned. But, meanwhile, the German Foreign Office had been giving such encouragement to Berchtold that already on July 27 he had persuaded Franz Joseph to authorize war against Serbia. At once he instructed the German Foreign Office to tell Austria-Hungary that there was no longer any justification for war and that it should content itself with a temporary occupation of Belgrade. The Austrians decided to present an unacceptable ultimatum to Serbia and then to declare war, relying on Germany to deter Russia from intervention.

• For qualified production property of a taxpayer, the law makes permanent a 100% Section 179 depreciation deduction for the adjusted basis for the property acquired after January 19, 2025.
• The law expands the Low-Income Housing Tax Credit with a housing credit allocation increase and a bond threshold test reduction, projected to add up to 1.22 million additional affordable rental homes from 2026 to 2035.
• Germany, which since July 28 had still been hoping, in disregard of earlier warning hints from Great Britain, that Austria-Hungary’s war against Serbia could be “localized” to the Balkans, was now disillusioned insofar as eastern Europe was concerned.
• Electric vehicle tax credits would be phased out by September 2025, and EV charging tax credits would be phased out by June 2026.
• Fiscally conservative Republicans Thomas Massie and Victoria Spartz were the only members of their party to vote against the resolution.
• A 529 plan will be allowed to distribute funds for eligible costs of a state and federal licensing program, an industry certification program, or a registered apprenticeship program after July 4, 2025.

Charitable contributions tax deduction

The first attempt at adapting the film as a television series came in 1990, with a sitcom pilot produced for CBS that starred Bruce Norris as Josh, Alison La Placa as Susan, and Darren McGavin as Mr. MacMillan; it was not picked up as a series.citation needed In June 2008, AFI named it the tenth-best film in the fantasy genre. Audiences polled by CinemaScore gave the film an average grade of “A” on an A+ to F scale. It was the first feature film directed by a woman to gross over $100 million.

• The amount of the tax credit used to be equal to 12.5% of eligible wages paid to an eligible employee, but it now increases by 0.25% for each percentage point paid above the 50% threshold, up to a maximum credit of 25%.
• Student loan repayments made by employers to their employees were temporarily tax-free to the employees but they are now permanently tax-free.
• Republicans did not secure these votes until May 21, when the bill was amended.
• The law changes the threshold for reporting; now reporting on Form 1099-K is required if a person received at least 200 transactions and received at least $20,000.
• The law allows certain small businessesg to retroactively expense its domestic research and experimentation costs for tax years that began on or after January 1, 2022.
• The law allocates ICE with more funding than any federal law enforcement agency in U.S. history and more than the federal prison system.
• Effective in 2026, certain tax-exempt organizationsi must pay an excise tax on compensation exceeding $1 million paid to any current and former employee, rather than only to its top five most highly compensated employees for current and prior years.

Republicans argue that the extension of the 2017 tax cuts, which expire at the year’s end, should not be counted as new debt, which means that only $1.5 trillion would be added to the national debt over the next 10 years. The House and the Senate resolutions would each extend Trump’s 2017 tax cuts. The resolution allowed for a future reconciliation bill containing $175 billion for immigration and border enforcement, $150 billion for the military and would not extend the 2017 Trump tax cuts.

Limits on green industrial policy

Further CBO analysis released August 11, 2025, estimated that the highest 10% of earners would see incomes rise by 2.7% by 2034 mainly due to tax cuts, while the lowest 10% would see incomes fall by 3.1% mainly due to cuts to programs such as Medicaid and food aid. Other moderates such as John Curtis of Utah and Thom Tillis of North Carolina, along with Murkowski and Moran, expressed concerns over the end of green energy tax credits. The resolution would allow Republicans to pass a budget containing tax cuts while reducing federal spending.

The law phases out tax credits passed in the Biden-era Inflation Reduction Act. The law cuts over $1.2 trillion in federal spending, primarily from the low-income health insurance program Medicaid and the nutrition funding program SNAP. The law increases the tax deduction for whaling boat captains increasing maximum deduction from $10,000 of whale hunting expenses up to $50,000.

The Italian film Da grande (1987) has been said to be the inspiration for Big. After sharing an emotional goodbye with Susan, Josh transforms into a child again before reuniting with his family and Billy. Josh thanks her for their time together and suggests she use the machine to turn herself into a little girl.

Depreciation tax deduction

Spielberg would later say that his decision to not direct the film was not to take any credit away from his sister. Josh meets the company’s owner, Mr. MacMillan, at FAO Schwarz, and impresses him with his insight into current toys and his child-like enthusiasm. The film received Academy Award nominations for Best Actor (Hanks) and Best Original Screenplay. The Paris Peace Conference brought together the “Big Four” leaders—Wilson, Lloyd George, Clemenceau, and Orlando—to shape the post-war world.

The United States emerged as a world power, and new technology made warfare deadlier than ever before. Four imperial dynasties—the Habsburgs of Austria-Hungary, the Hohenzollerns of Germany, the sultanate of the Ottoman Empire, and the Romanovs of Russia—collapsed as a direct result of the war, and the map of Europe was changed forever. This immensely large number of deaths dwarfed that of any previous war, largely because of the new technologies and styles of warfare used in World War I. The war pitted the Central Powers (mainly Germany, Austria-Hungary, and Turkey) against the Allies (mainly France, Great Britain, Russia, Italy, Japan, and, from 1917, the United States).

On April 2, 1917, Wilson addressed a joint session of Congress, declaring that “The world must be made safe for democracy.” The U.S. Congress declared war on Germany on April 6. At the same time, Germany resumed its practice of unrestricted submarine warfare and German U-boats began sinking American merchant ships in March. The publication of the telegram caused an uproar, and American opinion began to swing in favor of entering the war against Germany. Woodrow Wilson was made aware of the Zimmermann Telegram, a coded message sent by German foreign secretary Arthur Zimmermann. This film is less a big bold beautiful journey; more a mildly diverting pitstop.”

The film ultimately grossed nearly $115 million in the United States and Canada and $36.7 million internationally, totaling $151.7 million worldwide. During its opening weekend, the film opened in second place behind Crocodile Dundee II, earning $8.2 million. At the time of the film’s release, Big (1988) was part of a series of twin films featuring an age-changing plot produced during the late 1980s, including Like Father Like Son (1987), 18 Again! Anne’s brother Steven Spielberg was attached to direct the film and wanted to cast Harrison Ford as Josh but Spielberg dropped out due to scheduling conflicts with Empire of the Sun (1987).

The law allows businesses to hold an election to amortize domestic research and experimentation expenditures that are otherwise capitalized (other than property that would be depreciated or depleted) over a five-year period. Types of property that do not qualify include nonresidential real property used for offices, administrative services, lodging, parking, sales activities, software development, and software engineering. The law also created a new depreciation allowance for nonresidential real property that is used as an essential part of an activity that includes the manufacturing, production, or refining of certain tangible products that significantly transforms the product. The tax deductible portion of compensation is allocated to each control group member based on the pro-rata portion of the compensation paid by that member. Effective tax years beginning after December 31, 2026, the compensation paid to the five most highly compensated executives is expanded to all members of a covered corporation’s controlled group and affiliated service group. The estate, gift, and generation-skipping transfer tax exemption will increase from $13.99 million in 2025 to $15 million in 2026.

For employer-reimbursed bicycle commuting benefits, these payments are considered taxable income to the employee. Employer-paid moving expense benefits were temporarily considered taxable income to the employee, but they are now permanently taxable income. As of January 1, 2026, the employer-provided childcare credit (26 U.S.C. § 45F) is increased from 25% to 40% (or 50% for eligible small businessesn) of qualified childcare expenses. The law increases the funding for Immigration and Customs Enforcement from $10 billion to more than $100 billion by 2029, making it the single most heavily funded law enforcement agency in the federal government.

Weakened minority power in the Senate

The nonpartisan Tax Foundation had mixed opinions of the bill, saying it made “some smart cuts”, in particular praising the extension of the Tax Cuts and Jobs Act of 2017 which it argued would provide stability for households. Public health and policy researchers at Yale University and the University of Pennsylvania sent a letter to Senate leaders warning that cuts to health programs in the bill would lead to over 51,000 preventable deaths annually. The law allocates ICE with more funding than any federal law enforcement agency in U.S. history and more than the federal prison system. One of the few successful amendment votes, passing 99–1, removed the proposed AI law moratorium. After hours of negotiations, which resulted in Alaska specific provisions for Murkowski and Republican leadership support for an amendment vote that would result in increased Medicaid cuts targeted at the fiscal conservatives, Johnson, Scott, Lee, Lummis and Murkowski voted for the motion. The resolution passed the following morning in a 215–214 vote after the Senate pledged also to seek at least $1.5 trillion in cuts.

Individuals may take a tax deduction for the amount of qualified overtime compensation that appears on their Form W-2, which employers will be required to include on it. The employee may take a tax deduction only for the extra half-time pay above their usual hourly rate they are paid for working more than 40 hours during the same workweek, not all the pay they receive for working those hours. Further CBO analysis estimated the highest 10% of earners would see incomes rise by 2.7% by 2034 mainly due to tax cuts, while the lowest 10% would see incomes fall by 3.1% mainly due to cuts to programs such as Medicaid and food aid.

Trump also touted other provisions, including a tax deduction for tipped workers, a deduction for seniors and tax-advantaged “Trump Accounts” for newborns. On July 3, Social Security Administration sent an email suggesting that federal income taxes on Social Security benefits would be eliminated under the big four ww1 bill, but tax experts stated the message was misleading. Others feared that it would have prevented regulation of AI-generated child pornography and deepfakes, made certain privacy laws obsolete, and further centralized power in the federal government. The tax cuts included in the bill are predicted to greatly increase the federal debt in proportion to the GDP of the U.S. economy. Critics warned the law could reduce college access for low-income and working students, divert public funds to private schools, and increase pressure on under-resourced school systems. Specifically, the law phases out most clean-energy tax incentives introduced under the Biden-area Inflation Reduction Act such as credits for low-carbon electricity (wind, solar), electric vehicle rebates, home electrification, clean hydrogen, and domestic manufacturing of batteries and solar panels.

The law creates Trump accounts, a type of tax-advantaged savings investment account. The law establishes a $50 billion Rural Hospital Fund, up from $25 billion, to support health care providers in rural areas, providing a safety net against Medicaid cuts; The law expands the Low-Income Housing Tax Credit with a housing credit allocation increase and a bond threshold test reduction, projected to add up to 1.22 million additional affordable rental homes from 2026 to 2035. The 20% deduction for qualified business income for owners of pass-through entities was made permanent. The law allows certain small businessesg to retroactively expense its domestic research and experimentation costs for tax years that began on or after January 1, 2022. The law allows full expensing of domestic research and experimentation expenditures for tax years beginning on or after January 1, 2025.

Henry Big Boys: .357 MagnumClassically Modern — With a Film Noir Flavor

Additionally, transfers of $15 or less are not subject to the remittance tax. A transfer to a U.S. military base located in a foreign country are considered to ne received in the United States and is not subject to the remittance tax. The excise tax is supposed to be paid by the sender of the remittance; the transfer provider must pay the excise tax if the sender does not. The excise tax is assessed on the amount transferred and not on any fees that the sending institution charges the sender to complete the transfer. The excise tax is assessed on electronic transfers sent using cash, money orders, cashier’s checks, prepaid card reloads, wire transfers, online bill payments, and similar methods.