Sentences with phrase «benefit middle class»

Trump has said the goal of his tax plan is to benefit the middle class and not himself or his «rich friends.»

The president said that Indiana's resurgent manufacturing sector was evidence of how tax cuts could benefit middle class families.

But Cuomo in the same remarks insisted these policies benefit middle class New Yorkers and vice versa.

So I fail to see an issue with the term «trickle down», If senators are suggesting that cutting taxes on the rich will benefit the middle class, they're suggesting quite literally that the benefits will «trickle down».

Senate Minority Leader Chuck Schumer (D - N.Y.) had said Trump's fiscal blueprint takes «a meat ax to programs that benefit the middle class.»

Does Airbnb benefit middle class renters, or is it enabling de facto slumlords to buy up apartments and distort rental markets?

At the same time, this plan will also benefit middle class New Yorkers by creating a more fair and equitable tax system.

The absurdly high American corporate income tax can be reformed and somewhat reduced, but such proposals work best if paired with tax cuts that also benefit the middle class.

In fact, the new limit is designed to benefit middle class couples.

Similarly, investment opportunities become more plentiful, which leads to credit demand and small - business growth — both of which can disproportionately benefit the middle class.

Among them is whether harder times for the rich will ultimately benefit the middle class and the poor, given that the huge recent increase in top incomes coincided with slow income growth for almost every other group.

Even so, every administration and Congress continued to support Internal Revenue Code 162 (m)'s super-deductions for top executive forms of stock ownership and profit sharing while each of these administrations cut or did not expand support for broad - based profit sharing and employee share ownership plans that could benefit the middle class.

NPR reports the plan would also include cuts across the board that could benefit the middle class.

So the con - dem - nation administration, will raise the income tax threshold, disproportionately benefiting the middle class, only to be paid for by a VAT increase, which disproportionately hurts the low paid.

If your point is that in terms of numbers it benefits the middle classes then sure it does but I maintain you need that group to buy into it for it to gain traction.

The Republicans will counter this with the message that they are not indifferent to the poor — they want to enable growth to create more jobs that will end the «cycle of dependence» that the poor are trapped in, as well as benefiting the middle class.

However, last night Mr Salter said he feared that giving more power to schools and parents would benefit the middle classes at the expense of those on lower incomes.

Ryan also has been talking up the benefits middle class Americans will see once the tax reform bill takes effect next month.

We're giving New Yorkers the facts and the tools they need to tell Republicans to get back to work creating a tax plan that benefits the middle class, not the political donor class.»

Of the new ad campaign, Cuomo said that «we're giving New Yorkers the facts and the tools they need to tell Republicans to get back to work creating a tax plan that benefits the middle class, not the political donor class.»

«No matter what happens now, remember that many of the provisions benefiting the middle class are set to disappear within a decade,» said Adam Minsky, a student loan lawyer.

Not exact matches

«And the middle class will benefit from that.

Finally, portraying the debate as a conflict between wealthy tax dodgers and the hard working middle class was divisive and appeared hypocritical when it was later suggested that both the Prime Minister and Minister of Finance had themselves benefited from tax planning measures.

The gap between rich and poor narrowed after World War II as unions negotiated better pay and benefits and as the government enacted a minimum wage and other policies to help the poor and middle class.

And critics are also quick to point out that the promised benefits to Main Street of Trump - style tax cuts — faster job growth, higher wages and a boost to the middle class — are very much in question.

He called the 401 (k) tax benefit a «great and popular middle class tax break that works.»

«Rapidly urbanizing cities in the frontier markets of Africa and Southeast Asia will benefit from favorable demographics, cheap labor and a rising middle class,» said LaSalle's Gordon.

Look a the progressive things we've coming forward with — the Canada Child Benefit, the middle - class tax cut, the investments in affordable housing, the investments in early learning.»

Nike (NKE)-- Phil Knight's shoe company stands to benefit from the explosion of the middle class in emerging markets like China and Mexico.

It's a term for a tax plan that's supposed to produce benefits for the middle class that never materialize.

Her policies would also help the low - and middle - class since their tax bill would remain largely the same and they will benefit from increased government assistance.

«The president is going to continue to look for partners on Capitol Hill, Democrats or Republicans, who are willing to work with him on policies that benefit middle - class families,» White House spokesman Josh Earnest said on Tuesday.

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.

Republican leaders have portrayed the drive for tax reform as a benefit for middle - class families, often at the expense of special interests.

The House bill slashes tax rates for large corporations, small businesses, and wealthy Americans, while sharply reducing or eliminating tax breaks that benefit many middle - class Americans such as deductions for state and local taxes, college tuition and home mortgage interest.

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.

Macron's reforms to cut housing taxes paid by the French middle class could lead to further growth in demand that should drive further strong loan growth in the mortgage area, which is already benefiting from the improving economic backdrop.

The Liberal's recently announced «Canada Child Benefit» and «Middle Class Tax Cut» are largely funded by eliminating Conservative tax cuts and by the by the introduction of a new high - income tax rate of 33 percent.

Its response Wednesday, in a statement from Foreign Affairs Minister Chrystia Freeland's spokesman Adam Austen was: «As we stated at the conclusion of the first round of talks, we are committed to upgrading NAFTA and establishing 21st century standards supporting middle class jobs to the benefit of Canada, the United States, and Mexico.»

As those exceptions indicate, the intent of the mortgage interest deduction (at least as it was amended in 1986) was to benefit the typical homeowner, and to encourage middle - class homeownership.

But both trends reversed themselves in the mid-1990s: market incomes increased, and the middle class benefited more from income redistribution.

With a new iPhone expected in September 2016, Apple stands to benefit as iPhone continues to take premium market share (switchers from competitors), as the middle class continues to grow in emerging markets, and as the modest level of upgrades (only 20 % to date) indicates pulling demand forward from FY 2016 to FY 2015 may not be as severe as some have highlighted.

A benefit for middle - class parents Extending parental leave would mostly address middle - income earners, says Alisa Fulshtinsky, creator and chief administrator of Toronto Mommies.

If the papers are anything to go by, there's something big - ish in there about «skills» which will no doubt be presented as some massive benefit to the country's middle class (and those trying to join it).

Results of the Monmouth University Poll also indicate there are potential hurdles for selling this proposal to the American public since most feel the middle class has not been seeing any benefits from Pres. Donald Trump's policies so far.

«At the time, people looked at our plan for more generous and means - tested child benefits, tax increases for the rich and tax cuts for the middle class as a bit of a curiosity,» he said, according to a copy of his remarks.

Asked whether he is feeling pressure to tilt the tax plan's benefits more toward the middle class, Hatch said, «I think we've been moving that way anyway.»

But even in Davos, which is favored by champions of globalization, there is vocal opposition to trade from critics who say it has benefited the elites at the expense of the middle class in many parts of the world.

In a classic rhetorical formulation, a New York Times editorial in February said, «Republicans designed the law to principally benefit wealthy families while offering crumbs to low - income and middle class families.»

Proponents of scrapping Illinois» constitutionally protected flat tax make three key claims: a progressive tax would cut taxes on the middle class, it would go a long way toward reducing income inequality and it would benefit the state's economy.