Sentences with phrase «benefit wealthy»

Energy efficiency subsidies similarly benefit the wealthy.

Marriage also has estate planning advantages, but those primarily benefit wealthy couples (see above).

The Liberals have long promised to eliminate tax breaks that mostly benefit the wealthy, a change that they promised would boost government revenue by at least $ 3 billion.

It is speculated that the dividend tax credit may be revised and lowered as these tax credits are seen to mainly benefit the wealthy.

However, the Opposition and other critics have said that the TFSA changes will only benefit the wealthy who have $ 10,000 to set aside each year.

Most middle - class people have a tough time maxing out their RRSPs and TFSAs, so even simple tax tools like these disproportionately benefit the wealthy.

Through the narrative it shows the reader how an average American can achieve justice in an environment designed to benefit the wealthy, powerful and corrupt.

Much of the criticism centered around Senate Republicans» move to incorporate plans for a $ 1 billion tax cut, which critics say will primarily benefit the wealthy and corporations.

This change to 529 savings accounts immediately benefit wealthy families who already send their children to private schools, but now they will be able to offset their tuition that they already intended to pay for, but now can receive a tax credit for it.

→ Won't these programs only benefit the wealthy?

While we believe a focus on Pell completion is laudable and absolutely called for, the proposal fails to account for the percentage of Pell - eligible students enrolled within institutions; and, as a result, any new funding will likely benefit wealthy, selective campuses where low - income students are the least likely to enroll.

It is therefore incongruous to advocate for legal changes that will allow 529s to disproportionately benefit the wealthy and then exhort that the 529 expansion is «taking money from the poor to give to the rich.»

«The cultural lens through which the fishermen viewed this issue was of struggle in a post-slavery society, of the rich, predominantly white expatriates making a law that oppressed the poorest of the poor locals to benefit the wealthy.»

He's a loud critic of President Trump and his proposed tax cuts, saying they would mainly benefit the wealthy.

Federal authorities urged the U.S. Supreme Court on Tuesday not to review the public corruption convictions of former Virginia governor Robert F. McDonnell, arguing that he used his office to benefit a wealthy benefactor and was rightly found guilty of breaking the law.

«This is a terrible idea that will hurt middle - class homeowners in the Hudson Valley to benefit wealthy and well - connected insiders,» Maloney says.

We will ensure no - one pays tax on the first # 10,000 they earn, paid for in full by closing loopholes that unfairly benefit the wealthy, the biggest - ever clampdown on tax avoidance, a new mansion tax and higher aviation duties.»

The child benefit decision has raised fears that the government will get rid of other benefits that benefit the wealthy.

It argues that American economic policymakers embarked on the wrong path in the 1970s, when they began tailoring rules to benefit the wealthy in the belief that rich people were «the true drivers of the economy.»

The commission's Tammy Gamerman says the new rebate checks are also flawed because they benefit wealthy taxpayers the most.

Hawkins said that he opposes Governor Cuomo's policies that disproportionately benefit the wealthy.

«Coupled with experience and someone who knows how to get the job done, I can lead the way as we pass legislation [and] reform corrupt campaign finance systems that only benefit the wealthy and special interests,» said Digi, a Democrat.

Some wanted provisions to increase or accelerate the minimum wage and criticized tax cuts that will benefit wealthy New Yorkers.

The Reverend Brooke Newell, with the New York State Council of Churches, says Cuomo's plan focuses too heavily on tax cuts that benefit the wealthy, including reductions in the estate tax, and not enough on the working poor and the needy.

But critics claimed it would largely benefit wealthy individuals and corporations.

«Every leader in this state should be shouting about what Cuomo and his trustees did to LICH, how the community was railroaded, almost 2,000 New Yorkers were put out of work, and a vital medical facility was shut down to benefit wealthy real estate developers and other friends of the Governor,» said Julie Semente, long - time LICH nurse and member of the New York State Nurses Association's executive committee at LICH, speaking on her own behalf.

- Cut taxes through cutting spending - but, no tax cuts during wartime (we all must sacrifice) and No tax cuts that mostly benefit the wealthy

The Republicans are also trying to pass tax cuts, which mostly benefit the wealthy immediately, at the same time they are pushing austerity on the spending side.

The Republican tax bill hurtling through Congress is increasingly tilting the United States tax code to benefit wealthy Americans, as party leaders race to shore up wavering lawmakers who are requesting more help for high - earning business owners.

DiNapoli said many of the proposals benefit the wealthy at the expense of middle - and working - class Americans.

Consider, for example, the two tax exemptions for capital gains which benefit wealthy people and large corporations.

That win comes at a cost: By repealing the mandate in their tax plan, Republicans are paying for $ 1 trillion in corporate tax cuts and individual tax cuts that heavily benefit wealthy Americans by adding a provision that will lead to millions fewer people having health coverage.

Fiscal conservatives and deficit hawks seem to have changed their tune, all in the name of massive tax cuts that would primarily benefit the wealthy.

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.»

This cartoon explains how the pass - through system works now, how Trump and Senate Republicans want to change it, and why it would benefit the wealthy.

Mr. Kesselman, a professor in the School of Public Policy at Simon Fraser University, says increasing annual limits will only benefit the wealthy and end up costing Ottawa billions of dollars more than has been anticipated.

There is not yet a formal plan, but what has been seen would disproportionately benefit the wealthy.

In fact, Trump's tax reform will most likely benefit the wealthy and large corporations as opposed to SMBs.

Various academic and think tank studies have found that reductions in the small business tax rate disproportionately benefit wealthy individuals who incorporate their businesses in order to reduce their personal income tax burden, split income with family «shareholders» and avoid capital gains taxes.

So any tax cuts at the federal level would naturally benefit the wealthy.

It is speculated that the dividend tax credit may be revised and lowered as these tax credits are seen to mainly benefit the wealthy.

In particular, a White House official told Axios that Trump would call to end «the special - interest loopholes that have only benefited the wealthy and powerful few» so the president could pay for tax cuts.

Buffett said a proposal to repeal the estate tax would be «a terrible mistake» that would benefit the wealthiest Americans unnecessarily.

Most deductions benefit wealthier Americans, who are more likely to itemize their deductions in the first place.

Economists don't think this necessarily works, however, instead simply allowing for the purchase of larger houses and benefiting the wealthy.

The plan also includes some vaguer proposals, including «providing tax relief for families with child and dependent care expenses» and eliminating «targeted tax breaks that mainly benefit the wealthiest taxpayers.»

cancel tax breaks benefits wealthy — including universal child care benefit — introduce < > canada child benefit canadian families money kids.

In other words, QE benefited the wealthiest portion of the population, which dominates stock - ownership, while the bottom - 90 % of the population increasingly has been forced to dig into their savings to help meet non-discretionary expenses, such as food, energy and housing.

In addition, this article makes the argument of some conservatives, that government always ends up benefiting the wealthy.

Their trickle down supply side economic plans for Medicare and the Budget is of more concern, especially when it benefits the wealthy at the expense of seniors and the middle class.