This amount, however, is significantly skewed
by the top earners, with less than 10 % of self - publishing authors earning about 75 % of the reported revenue and half of writers earning less than $ 500.
Outlays
by top earners have remained subdued for four years after the financial crisis, even though the rich recovered their recession losses much faster than ordinary Americans.
Not exact matches
Note also that the marginal tax rates faced
by high
earners in Canada are already in this range: the
top rates in Ontario and Quebec are just under 50 per cent.
Under Trump's tax proposal,
top earners — taking in more than $ 699,000 a year — would see average annual tax reductions of about $ 215,000, according to an analysis
by the non-partisan Tax Policy Center.
«I ran the numbers, and if you doubled the
top two rates for the highest
earners, you'd cut the deficit
by only one - seventh over the next thirty,» he says.
The severity of the pay cut varies, but some
top earners are seeing payouts cut
by half.
The disparity between a nation's
top and lowest
earners is generally represented
by the Gini Co-Efficient, coined
by Italian statistician Corrado Gini in 1912.
In 2001, Republicans addressed the politics of taxes
by making big cuts across the board: an expanded child credit for low and moderate
earners, a new lower tax bracket at the bottom, plus cuts in regular and capital income - tax rates for those at the
top.
By contrast, as much as 80 per cent of taxpayers in the
top 0.01 per cent of income
earners were CCPC owners.
According to the just - published 2016 Rich List of the World's
Top - Earning Hedge Fund Managers by Institutional Investor's Alpha magazine, eight of the top ten earners fall into the «quant» category, and half of the 25 richest of the year are quan
Top - Earning Hedge Fund Managers
by Institutional Investor's Alpha magazine, eight of the
top ten earners fall into the «quant» category, and half of the 25 richest of the year are quan
top ten
earners fall into the «quant» category, and half of the 25 richest of the year are quants.
The proposals from the presidential campaign, reiterated last week
by President - elect Donald Trump's choice for Treasury secretary, will massively favour the
top 1 per cent of income
earners, threaten an explosive rise in federal debt, complicate the tax code and do little if anything to spur growth.
By contrast, «[t] he evidence suggests that
top incomes
earners today are... «working rich,» highly paid employees or new entrepreneurs who have not yet accumulated fortunes comparable to those accumulated during the Gilded Age.»
-- The
top quintile (
top 20 per cent) saw their family income grow
by 27 per cent during that time (average after - tax, after - transfer family income of $ 135,500), compared to 14 per cent for the second - highest quintile (after - tax family income of $ 73,500), nine per cent for the second - lowest quintile ($ 32,700) and 16 per cent for the bottom one - fifth of income
earners (after - tax income of $ 14,600)
The plan would lower the
top individual tax rate, paid
by the nation's
top earners, to 35 percent from 39.6 percent.
Many falsely contrived stories have appeared in recent weeks about huge gains in the proportion of national income taken
by the
top 1 percent of income
earners (those earning about $ 328,000 or more per year).
And
by the way arsenal are the 5th
top earners in the world
If we were going
by worth to our game, he'd be in the
top five highest
earners.
Ranking the Premier League
top six
by their highest
earner — the richest footballers are not necessarily the best!
SEE ALSO: Richest footballers: Ranking the PL
top six
by their highest
earner — Chelsea star best value for money, Spurs flop worst Ultimate transfer XI of players set to move before deadline day: Man Utd star, Chelsea targets & Arsenal - bound Benzema Manchester United transfer news round up: Reds eye Neymar alternatives, bid launched for Serie A winger & more
The Reds have been encouraged
by initial soundings from Van Dijk's camp, and are willing to pay big in order to bring him to Anfield, as well as making him one of the club's
top earners.
Tottenham would surely not want to lose a player as valuable as Alli though and if reports from the Daily Express are to be believed, Spurs are looking to convince the 21 - year - old to stay put at North London
by offering him a lucrative brand new # 80,000 - per - week contract which will put him on par with the club's
top earners such as Harry Kane and Hugo Lloris.
Top 20 % household gross earnings = # 70,000 (boosted
by the London high
earners).
«Do you want to reduce the tax take from higher
earners by encouraging greater tax avoidance and pay cuts
by increasing the
top rate of tax?»
The data, compiled
by the Albany - based think tank the Empire Center for Public Policy and released Monday, reveals that the MTA's
top earner in 2016, Ralph Golden, made $ 256,155 in overtime — more than tripling his base salary of $ 104,822.
While several of last year's
top 10 Albany County
earners were in jobs you'd expect, two corrections officers and one deputy entered the mix
by more than doubling their salary with overtime pay.
A new 50p
top rate of income tax for high
earners proposed
by Labour should only be a temporary measure, Chuka Umunna said.
The
top 1 % of
earners grab the lion's share of the # 37bn set aside
by the Treasury for tax relief on pension contributions to enhance their already generous retirement plans, the union body said ahead of its conference next week in Liverpool.
Criticising the pay freeze for
top earners announced
by the chancellor, Alistair Darling, last night, Osborne said: «To sneak out a public sector pay announcement in the middle of a Conservative conference shows these Labour politicians are better at writing books about courage than displaying it,» a reference to Gordon Brown's book Courage: Eight Portraits.
A Cable chancellorship with Labour backing could be bold in redistributing the tax burden - ending higher - rate tax relief on pensions, closing tax loopholes at the
top and reducing the share paid
by lower
earners.
Treasury Chief Secretary Liam Byrne said the increase was explained
by recovery in the economy as the country comes out of recession and existing tax plans such as the 50p rate for
top earners.
«It punishes the poor for being poor, it punishes the middle class for living in a society that does not protect them and it rewards those who already have it made
by either growing up white, growing rich, or growing up in a state that protects only those who are in the
top quintile or in some cases the
top one percent of income
earners.»
The
top 10 % of
earners pay the most under the government's austerity, the IFS said, though it admitted many of the measures hitting the richest were implemented or devised
by the previous Labour government and were continued
by the coalition.
Nor has he any enthusiasm for the high pay commission sought
by 100 MPs to limit
top -
earners» remuneration.
Separately, the capital gains rate for
top -
earners is set to go up
by an additional 3.8 percent as a funding mechanism for health - care reform.
Last December, he mitigated much of the projected state deficit
by restructuring New York's tax code, lowering taxes for the middle class while creating a new high - tax bracket for the state's
top earners.
The
top MTA
earners consisted of upper management, led
by Chairman Thomas Prendergast, who had a total cash compensation of $ 359,877 in 2013.
By age 60, almost 70 percent of the working population will experience at least one year in the
top 20 percent of income
earners.
Though not quite the smash hit of the summer season nor as inexpensive as you might think (it had a substantial $ 75 M budget), Now still easily become Summit's biggest non-Twilight
earner and
by extension, Lionsgate's
top grosser behind The Hunger Games and Fahrenheit 9/11.
The film will also hit another benchmark
by the week's end as Last Jedi aims to surpass Spider - Man: Homecoming «s $ 880 million and enter the
Top 5 global
earners of 2017.
Just five percent make it to the
top fifth of
earners by the time they're adults.»
It doesn't quite reach the heralded 40 mpg club occupied
by the Ford Fiesta or Chevy Sonic, but it's up there among the
top fuel
earners nonetheless.
The second
top vote
earner is Commonwealth
by Ann Patchett (HC / Harper; Harper Audio; OverDrive Sample).
I was able to make rough estimates of the number of units sold
by indie authors from the very
top earners all the way down to the very bottom
earners.
The
top 1 % of U.S.
earners, or those making $ 733,000 and more, will save an average of $ 50,000 in 2018, according to new analysis
by the Tax Policy Center cited
by the publication.
And while the loss of the $ 10,000 annual TFSA will cost high - income
earners who can afford to
top it up each year (they'd be able to net $ 53,700 more on your investments over 30 years at the current limit), it won't affect their wealth
by nearly as much in the short term, says Graham Westmacott, portfolio manager at PWL Capital in Waterloo, Ont.
Maine adopted, and then repealed, a 3 percent surcharge on high
earners in 2017, which would have resulted in a
top marginal individual income tax rate of 10.15 percent, eclipsed only
by California's 13.3 percent
top marginal rate.
«Jurassic Park Arcade is a great looking piece and has been one of our
top earners by far.
A report in the Washington Examiner, entitled «Working for Big Green can be a very enriching experience»
by Mark Tapscott, showed that the leaders of 15
top Big Green environmental groups are paid more than $ 300,000 in annual compensation, with a half million dollar plus figure for the
top «
earner».
The website for the index provides region -
by - region breakdowns of the data as well as listing of the
top law firms in the region ranked
by average pro bono hours per fee
earner.
Top earners at Norton Rose Fulbright and Dentons have seen their pay drop
by double - digit percentage figures for the 2016 - 17 financial year.