Sentences with phrase «but low earners»

The average sales representative makes almost 55,000 dollars annually, but low earners earn only slightly over 25,000 dollars.

Introduced last week, the plan would cut benefits for all but the lowest earners by 17 percent to 43 percent by the year 2080, and hike the retirement age to 69 by 2030.

Not exact matches

It may only be one tool to help low - wage earners — others include reforms introduced this week by the Province of Ontario, more affordable housing and child care, and more ways to pursue collective action — but it's a big one.

But now there are four capital gains rates in effect: 0 percent for those in the lowest two brackets, 15 percent for middle - income taxpayers, 18.8 percent for those in the 15 percent bracket who also owe the 3.8 percent Medicare tax, and 23.8 percent for high - income earners who pay the 20 percent capital gains rate plus the 3.8 percent Medicare tax.

Now, your eyes may glaze over at phrases like «lifetime capital gains exemption», but for Canadian high earners setting up a CCPC is often fundamental to a strategy to lower their tax bills.

-- When changes in the composition of families are taken into account — including fewer adults per household as family sizes decrease — the real after - tax income of middle - class families increased 30 per cent from 1976 to 2010 — on par with other income groups, but still lower than the top earners

In fact, mean net incomes actually rise slightly for the lowest income groups, and are basically maintained for all but the highest - earners (who still enjoy sizeable incomes).

Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).

Under Senator Sanders's plan, for example, Social Security would spend $ 42 billion a year more for the wealthiest 20 percent of earners, but only $ 8 billion for the lowest quintile, according to Third Way.

But, as Vale shows, this success and popularity rested on sustaining the projects as the home to a very narrow spectrum of the Boston poor, those deemed both deserving and respectable: two - parent, mostly white, single - earner, low - income, working - class families of good character in need of a temporary leg up — a stratum «below the bulk of blue - collar employees but above that of the unemployed, the irregularly employed, and the welfare - dependent.&raqBut, as Vale shows, this success and popularity rested on sustaining the projects as the home to a very narrow spectrum of the Boston poor, those deemed both deserving and respectable: two - parent, mostly white, single - earner, low - income, working - class families of good character in need of a temporary leg up — a stratum «below the bulk of blue - collar employees but above that of the unemployed, the irregularly employed, and the welfare - dependent.&raqbut above that of the unemployed, the irregularly employed, and the welfare - dependent.»

The hugely - prospective Chinese market has been a strong export earner but will be a tough market for Australian beef producers as competition from low - cost South American suppliers like Argentina, Uruguay and Brazil, intensifies, says Gleeson.

But now he is in the final 12 months of his contract, and despite Liverpool prepared to make him one of the club's higher earners, they are not prepared to insert what they feel to be a low release clause.

We live in a condo, but the community outside the condo have a number of low - income earners.

Children of low earners not only lose out on spending time with their parents but they are also more likely to be sick.

Skelos had a renewed set of talking points on the minimum wage increase today, noting that not only would low - income earners lose their jobs, but would no longer qualify for federal tax credits or social service programs.

But the administration had to fend off attacks from council members who argued even those apartments won't be cheap enough for the lowest earners.

Labour needs to unite middle and lower income earners — pointing out that the Tories are putting up taxes for most people but cutting taxes for the rich is a good way of doing this.

The Department for Work and Pensions (DWP) said it would review the committee's recommendations, but said over five million low - earners were already helped by council tax benefit.

«At a time when typical wages have flatlined but prices have continued rising, concerted action to drive up levels of pay for low earners is an essential component in the improvement of living standards,» IPPR's senior research fellow Kayte Lawton said.

«I am delivering extra money for the pupil premium, extra money for post offices, tax cuts for low income earners, crackdown on tax avoiders... these are things that are happening because we are in a coalition government - because Liberal Democrats have their stamp not just on the government but on the Treasury, too.»

A third of the electorate are «low earners»: in other words, they are economically independent, but coping on below median income.

But while low earners are still less likely to vote Tory than better - off households, our recent work shows that low earners are the most pessimistic about the future of any group.

The GOP candidate embraced a tax plan issued by House Republicans this year that would reduce taxes on all Americans but would especially benefit the affluent: It would lower the tax rate for the highest earners to 33 percent, from the current 39.6 percent.

Personal allowance increase welcome for higher earners but of no benefit to those on the lowest incomes

Personal allowance increase welcome for higher earners but of no benefit to those on the lowest incomes The Chancellor has announced today in the Budget that having gone up to # 11,000 in the tax year beginning 6 April 2016, the personal allowance will rise again to # 11,500 in 2017/18.

But good news is likely to be limited to that personal allowance increase, which at least will help cushion lower and average earners.

He understood the arguments for raising the allowance but he favoured simultaneous clawbacks from higher earners so that it was genuinely lower - paid households who benefited.

Laws has previously been sceptical about wealth taxes but - if reporter Robert Watts is correct - the former Chief Secretary to the Treasury has decided that the greater evil is leaving low earners to struggle on through one of the nastiest income squeezes of modern times.

Schools that admit a lot of students from low - income families and help a significant percentage of them find their way into to the top tier of earners aren't leafy private schools, but mostly urban...

Others, not so much, though even the lower earners say things are improving, slowly but surely.

The government wanted OAS to be self - funding but without a means test (based on what you own, not what you earn) they weren't able to collect premiums from low income earners.

But if it's in the lower income earner's hands, it would be taxed at a lower rate than the higher income spouse.

Income Share Agreements benefits those who expect to be low earners post graduation, but high earners come out behind.

Monthly payments may be higher for high - income earners and lower for those with a smaller income, but most borrowers will pay more over the life of the loan due to a longer repayment period.

But it is not just low wage earners that lose.

That, in a nutshell, is what makes RRSPs better than TFSAs for higher earners: Not only are you taxed on your money years later, but because you're in a lower bracket when you retire, you'll pay less tax too.

The low income earners may argue that is is too expensive for them, But if you find out how much they spend on telephone calls every month, you will be amazed.

(Canadian dividends enjoy favourable tax treatment too, but for high - income earners, capital gains are still taxed at a lower rate.)

Low earners were fairly well - covered by other parts of the pension system, but too many current middle - earners were struggling — and future generations might be even worse off if workplace pension coverage continues to slip downward.

When you're single, you go through the tax brackets very quickly, but when you get married and file a joint return, those lower brackets double so so much more of that higher income earner's income is going into those lower brackets; you can save potentially thousands.

As a wage earner, you're kind of stuck (The rich people with really low income tax rates aren't wage earners like you, but I'm guessing you knew that anyway.)

So important that it needs lobbies like CCL to keep harrassing politicians to do more... The truth is that CCL is just another semi-useless political organization lobbying for its own biased view, not telling us anything new or useful and peddling economic policies that would cause disruption, achieve little, but impose costs on industry and low income earners.

, «Middle Income Access to Justice» (University of Toronto Press, 2012), the «Introduction» states in part (p. 4): «For our purposes, when we refer to middle income earners, we are contemplating the large group of individuals whose household income is too high to allow them to qualify for legal aid, but too low, in many cases, for them to be in a position to hire legal counsel to represent them in a civil law matter.

Spousal support is not always necessary but when it does exists, usually the higher income earner is the one paying spousal support to the lower income earner.

In a second experience sampling study, involving 53 dual - earner couples with preschool children, detachment was associated with more affectionate interactions, which in turn, predicted lower actor, but not partner evening strain.

In order for South Africa's cities to truly become inclusive, integrated and transformed, affordable housing in urban areas needs to not only cater for lower - income earners, but must also incorporate the middle income market (earning between R15, 000 to R45, 000), who are also unable to afford to live in well - located urban areas.

But as much as sending the IRS a bigger check hurts like hell, higher earners can economically absorb such a hit better than a lower income earner with much less disposable income.

A lower price neighborhood may produce good cash flow but will not have tenant stability, as lower income earners are the first to be affected in any local downturn.