Sentences with phrase «benefit wealthy families»

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.

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.»

introduced an amendment that would allow parents to use a special tax - free college savings account to pay tuition for private K - 12 schools, a provision that would largely benefit wealthier families who can already afford private schools.

Though there may be some small number of low - income families that have been given some financial support to escape a failing neighborhood public school, these voucher programs have disproportionately benefited wealthy families.

Not exact matches

When the child of a desperately poor family is taken in by parents from a wealthy country, the material benefits to that child are significant.

Rather than hoarding their money or creating family dynasties as many of their predecessors did, a growing number of wealthy Americans are pledging their fortunes to benefit society.

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.

Without significant increases in corporate taxes and taxes on the wealthy, it is now a virtual certainty that ordinary Canadian families will never enjoy the generous social programs enjoyed by most European families: enhanced maternity leave benefits, livable minimum wages, legislated paid vacation time of up to six weeks a year, genuine unemployment insurance, home care, pharmacare and more.

It turns out that while they were publicly crisscrossing America, they were also privately holding meetings with some of the wealthiest individuals and families in the country, urging them to not only invest in a new fund but become partners with some of the companies that will benefit from it.

Or that even with the $ 2,000 cap, benefits from income splitting will accrue disproportionately to wealthy single - earner families.

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.

So the 13 million increase in the uninsured and accompanying health care spending cuts helped to finance a plan that cuts corporate taxes by $ 1.3 trillion, partially rolls back the estate tax paid by wealthy families to the tune of $ 93 billon, and directs most of its benefits to the richest Americans with its individual tax cuts.

Connecticut and its taxpayers would see some benefits and some challenges if Congress adopted tax reform measures — including cuts for wealthy families, business owners and wage earners — that President Donald Trump is likely to propose Wednesday.

In all reality is unfair to remove important services to all New Yorkers and in the same token stop a tax that supplements those same services to benefit the most wealthy who don't have to suffer the unfortunate woes of the poor and middle class families.

Benefits associated with the dam, such as from compensation, were concentrated in the more wealthy families that had the resources to take advantage of them.

Over the past few months, ministers have removed child benefit from wealthier families with one breadwinner and restricted financial help with child care to those mothers returning to work, yet repeatedly delayed a promise to bring in tax breaks for married couples.»

This provision, however, would probably have greater benefits for wealthier families, who can save more and can better take advantage of savings accounts that are sheltered from taxes as a result.

«The primaries were all about that and the platform resulted from these primaries and then the discussion of the powerful ideas, raising taxes on the wealthy, increasing wages and benefits, things like paid family leave, paid sick leave, things that really would have resonated with so many people hurting in this country,» de Blasio told NY1's Errol Louis in his weekly «Mondays with the Mayor» segment.

Labour even opposes taking child benefit away from the wealthiest families.

Currently no states offer this, and though potentially expensive, a refundable credit would deliver larger benefits to the lowest income families without increasing state expenses to wealthier families.

The share of financial benefits flowing to relatively wealthy families under the K - 12 expansion is likely to increase for three main reasons:

This is the political genius of many college subsidy efforts — the poor can benefit from them because wealthier families are also eligible.

«This policy will not benefit the majority of children, but will benefit a chosen few, mainly from wealthier families.

This new benefit would be worth $ 30,000 in net new tax savings per child to wealthy families and worth nothing to working families that don't have $ 10,000 in disposable income to set aside each year to pay for private school tuition.

This new benefit will be geared to income, meaning that Canada's wealthiest families would no longer receive a benefit, while Canada's middle - class parents could see as much as $ 2,500 more, tax - free, every year (based on a typical family of four).

Liberals: Create a flexible parental benefits plan allowing parents to receive benefits in smaller blocks of time — for example, once every two weeks rather than once per month — and make it possible for parents to take a longer leave — up to 18 months when combined with maternity benefits, although at a lower benefit level; scrap the Universal Child Care Benefit for the wealthiest families, and instead introduce the Canada Child Benefit that will give the majority of families up to $ 2,500 more, tax - free, every year (typically for a family of four).

He also said he would ditch the Universal Child Care Benefit for Canada's wealthiest families and instead introduce the Canada Child Benefit that will give the majority of families up to $ 2,500 more, tax - free, every year (typically for a family of four).

NDP: Cancel income splitting for families with kids under the age of 18 but keep it for seniors; eliminate the CEO stock option loophole that allows wealthy CEOs to avoid taxes on 50 % of income received from cashing in company stock (with proceeds invested into eliminating child poverty); increase investment in the Working Income Tax Benefit (WITB) by 15 % to further support working Canadians who live below the poverty line; introduce income averaging for artists.

Yun also asserted that it's a misconception that only the wealthy benefit from the mortgage interest deduction, when in reality it benefits primarily middle and lower income families.

In the intervening years, he had been taken from his family, fostered to a wealthy city family, placed in a leading private school and given the benefit of social opportunity.

Research shows that most of the benefits of the mortgage interest deduction go to wealthy families.