Not exact matches
(You say the Thatcher years while the chart is 79 - 97: but the IFS reports suggest that the effect and the contrast would be somewhat greater between Labour and the Tories if the comparison was 79 - 90, as the Major years 90 - 97 saw a rather more
equal distribution of
income growth, particularly through the
impact of the 90s recession).
Employees would also receive a credit on their state
income taxes
equal to the payroll tax to ensure their
income is not
impacted.
Plaintiffs allege that these statutes, which impinge students» fundamental right to education and have a disproportionate
impact on low -
income and minority students, violate their
equal protection rights under the California Constitution.
If we calculate the after - tax
impact using simple tax assumptions (33 % for ordinary
income and 15 % for long - term capital gains), we can illustrate the benefit of a qualifying disposition (all else being
equal).
Certified financial planner Ed Rempel says the combined
impact of tax and OAS clawbacks can result in effective tax rates in retirement as high as 58 per cent (43 per cent
income tax on
incomes between $ 86,000 and $ 120,000 plus 15 per cent OAS clawback
equals 58 per cent)