Sentences with phrase «about middle class tax»

How about middle class tax cuts and higher taxes on the rich?

Not exact matches

Those concerned about poverty, inequality, or living standards of the middle class (every politician's favourite group) should oppose Canada's milk tax.

As an example, a cap of $ 500,000 in tax - free capital gains on any principal residence means that a home sold for $ 1 million that was purchased for $ 100,000 in 1985 say, would have $ 400,000 taxed at the owner's tax rate at the time of the sale (about 35 % for the average middle class Canadian).

While Bush's business - themed policy proposals will likely offer a mixture of traditionally Republican tax cuts and so - called trickle down economics, he's likely to define his views on how to support the middle class, lift up the lowest wage workers, and close the income gap, which would continue on the themes he started talking about earlier this year.

Middle - class earners (who make between $ 55,000 and $ 93,000) would see a tax cut of $ 280 or about 0.4 percent.

We made it clear we need to make significant investments in infrastructure and middle - class families, so we talked about reducing the tax rate for middle - class families and increasing the child tax benefit to deal with the rising costs and anxieties.

When he does, he invariably talks about three things — the corporate income tax rate cut, the tax cut for middle class families with kids, and Opportunity Zones.

There is considerable debate in Washington about who would benefit most from the tax cuts, with Republicans asserting they would help the middle class and Democrats insisting that wealthy Americans would be the big winners.

The GOP has spent months touting a tax break that for many could amount to about $ 100 as possibly life - changing for the working and middle class.

They're the middle class that he's talking about and you would hit them pretty hard if you took the dividend tax credit away or you reduced it,» he said.

No amount of misdirection about ending «the existing Wall Street paradigm of Blankfein, Dimon, and Schumer» will be able to cover up for the combination of a middle - class tax hike and a tax cut on high - earners.

Who cares about your tax dollars funding operations that would be at a loss otherwise, pure class warfare to destroy the middle class?

But what was outrageous about this governor's stance on the economy is that when he came into the State House, he said everyone has to make sacrifices yet, he gave the wealthy large tax breaks while leaving the middle class and the poor with the task of carrying the load.

This is less about taxing the rich vs taxing the middle class than about sources of tax revenue.

Domestically, I am very concerned about our economy and bringing tax cuts to our middle class families (see number 8 below).

«I thought he laid out a very, very well - crafted address about the state of the economy,» he said, applauding Liu's support for the middle class tax cut.

Also, isn't it fun that our new anonymous poster, who I believe used to rage against the «coward» who criticized him, doesn't note that most of the tax «increases» he's talking about only affect the top 1 %, whereas the new Democratic Congress is working to reduce middle class taxes by fixing the AMT so it stops applying to groups other than the uber - wealthy?

State senators in favor of this bill made a three - pronged argument: property taxes have become too burdensome for middle - class homeowners; the property tax caps for municipalities outside the city have been — according to Senate Majority Leader John Flanagan — «a tremendous success,» as well as a job creator; and that the city had benefitted so much from uncapped property tax collections that the mayor shouldn't be surprised about the governor's proposal to shift Medicaid cost to the city.

The answer may depend on which «middle class» is being talked about: New York's higher - income, higher - taxed middle class or lower - income, lower - taxed counterparts in states like Mississippi and Texas.

The Republican tax reform proposal is focused on tax breaks for the middle class «and not about people who are really high - income earners getting a tax break.»

This about the rich wanting to keep the middle class down with the needy and the poor but paying an excessive share of taxes.

Certainly not the middle or working classes and more like his super wealthy donor friends who have so much money they don't care about tax rates.

For Republicans, the tax bills working their way through Congress are about simplification and putting more money in middle - class pockets.

Let's be clear about what the Congressional Republican tax plan really is: It is Washington's culture of soft - corruption at its worst - nothing more than paying back wealthy donors and lobbyists through corporate welfare, at the expense of the middle class.

Mr. Cuomo's embrace of the millionaires» tax comes after years of cutting other types of taxes — including those on businesses and in manufacturing — and was coupled with a plan to slice rates on the middle class, part of a recent leftward tilt that has prompted speculation about his future plans.

Preston Niblack, NYC Deputy Comptroller for Budget, told the panel that Comptroller Scott Stringer's analysis shows about 475,000 mostly middle - class federal taxpayers in the city would face higher tax liabilities under the TCJA.

«I'm concerned, obviously, about this tax bill because it's going to raise taxes on the middle class,» Gillibrand said.

People needed a bold speech that pledged serious, radical cuts in wasteful public spending, but all we got was political posturing about the rich and harmful tax rises for the middle and working classes.

The middle classes do care about leaving an inheritance, but most will not benefit from inheritance tax allowance changes.

«This bill, interestingly enough, while Gov. Cuomo and Chuck Schumer are screaming about it, this bill is actually a middle class tax cut,» she said.

Ehh this district will be won in the middle class and working class areas who care about taxes and school aid.

The New York City Council has been pushing for temporary relief for lower - and middle - class homeowners in this year's budget, calling on Mayor Bill de Blasio to fund a one - time $ 400 property tax rebate that would cost about $ 187 million in total.

In Both the 92 and 2010 elections, there were bigger swings towards us from the middle class than the working class, for different reasons, maybe those who came to us in 92 were Ex SDP, voting for us after it's collapse, and the working class, were sticking too the Tories in Essex, as they hadn't lost so much under the recession, and weren't losing their jobs in the city, the way the middle class were, and read the Suns twaddle about labour saying they'd put the basic rate of tax, when we said we weren't going too.

Today, at a press conference announcing proposals that would bring tax relief to middle class families, the longtime Long Island Senator was asked by Jimmy Vielkind of the Times Union about the call by Rochester Assemblyman Bill Nojay for him to step down as leader.

The great and unavoidable debate about top pay, pensions, Fred Goodwin's knighthood and Stephen Hester's bonus - swollen and exacerbated by the biggest squeeze on middle - class incomes in a generation - is being exploited by our partners in government to rescue them from reputational damage, wreak it on us instead, and roll back the clock to the dismal years before the Thatcher tax revolution.

In floor remarks on Tuesday, Schumer said tax reform should be about increasing «wages for working families, improving middle class job growth, promoting domestic investment while modernizing our outdated business and international tax system.»

«For a long time this house has always wanted to see a more progressive tax structure, so it's not even about just raising revenue, it's tax cuts for middle class families and to lower - income families.»

And while the plot about kings and noblemen socking it to the middle class and poor with higher taxes resonates today — for tea party loyalists, this «Robin Hood» could become a rallying point like «Fahrenheit 9/11» was for Iraq war protesters — the screenplay never really knows what it wants to say about it.

Malloy administration officials are so excited about the notion of a budget surplus that they are talking about proposing a targeted election year tax cut to win over middle - class voters even though the state faces a projected $ 3.2 billion combined deficit over the three fiscal years following this year's election.

Today, Connecticut's wealthiest pay about 5 percent of their income in state and local taxes, middle class and working families pay about 10 percent of their income in state and local taxes, while the poor pay about 12 percent.

As previously noted, in Connecticut, the poor pay about 12 % of their income in state and local taxes, the Middle Class about 10 % and the state's wealthiest citizen's only pay about 5.5 % of their income in state and local taxes.

While middle - class Canadians may be worried about mortgage rates, land - transfer taxes and rising home prices, luxury home buyers are more concerned about safe investment environments and ways to maintain or create more wealth.

About 28 million middle - class Americans could be subject to the Alternative Minimum Tax (AMT) for the first time, -LSB-...]

In my view, a comfortable middle class retirement costs about $ 42,000 to $ 72,000 per couple (including taxes as one of the cost items) provided you have your home paid for.

As an example, a cap of $ 500,000 in tax - free capital gains on any principal residence means that a home sold for $ 1 million that was purchased for $ 100,000 in 1985 say, would have $ 400,000 taxed at the owner's tax rate at the time of the sale (about 35 % for the average middle class Canadian).

We all have our own conspiracy theories about what taxes will do, and we believe the middle class will be relatively safe from significant tax hikes going forward.

They knew that they couldn't win on pure partisan politics, so they set about creating a coalition of union workers worried about their industry, middle - class families opposed to tax increases and religious communities motivated by their values.