Sentences with phrase «cent of income between»

Under the current CPP, employers and employees each contribute 4.95 per cent of income between $ 3,500 and $ 54,900.

Not exact matches

The income gap between the top one per cent and the rest of filers has widened over time, calculated in 2010 constant dollars.

Thus, at average wages and salaries, there is a significant gap to be filled by third pillar income to eliminate the difference between what is available from OAS, C / QPP and GIS, and a replacement rate target of 70 per cent.

In addition, the federal government would reduce its federal taxes (they advocate corporate income taxes) by 90 per cent of the difference between the October 2010 Update projections for the CHT / CHT and the flat - lined amount from 2014 - 15 on.

Real after - tax income of middle - class families (considered the middle quintile or middle one - fifth of families) in Canada grew by only seven per cent between 1976 and 2010 — or 0.2 per cent per year — according to the report, with the average family income (after taxes and transfers) totalling $ 49,700 in 2010 for the middle - income families.

What's more, government forecasts show corporate income tax revenues climbing by roughly a third between now and 2015 - 16 — at which point they will account for 12.2 per cent of total federal budgetary revenues.

Prices rose by an average of 5.2 per cent a year between 1981 and 2012 in the country as a whole, or 1.3 percentage points a year faster than average incomes.

This could be accomplished through a modest increase in premiums for Canadians who earn between 50 per cent and 100 per cent of the yearly maximum pensionable earnings under the CPP — in other words, people with incomes of between $ 27,450 and $ 54,900.

For example, between 1960 and 1980, the figure above quoted had fallen to around 25 per cent, but the following decades of aggressive neo-liberal economic - corporate globalization we could witness alarming inequalities in the distribution of wealth and income that we have ever witnessed in the history of humankind.

The White House, short of securing in Congress changes to existing anti-poverty programs, recently unveiled a partnership between diaper manufacturers, non-profits and an e-commerce site that will cut the cost of diapers available to low - income families to about 13 cents a piece.

A modelling exercise for the Resolution Foundation by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK growth of 2.5 per cent from 2015 - 2020 — an optimistic scenario — and no further cuts in public spending, living standards will fall for low and middle income households by between 3 and 15 per cent (Brewer et al., 2012).

Opinion polling regularly shows that a substantial percentage — 73 per cent of people in 2004 — considers the gap between those with high and those with low incomes to be too large.29

There is an argument that Darling could close the gap between the 18 per cent capital gains tax rate and the new 50 per cent top rate of income tax.

Paying off the interest and principal from the borrowing would come from a 10 - cent increase in the state's gas tax, half of a percent increase in the income tax rate for those who earn between $ 500,000 and $ 2 million and a $ 60 million contribution from New York City in the first year, with an extra $ 60 million added every year to the fifth year, capped at $ 300 million.

If they revise down the Treasury's growth forecasts by 1 per cent of national income, the gap between tax revenues and spending increases by around # 10bn, meaning the government has to find more money from somewhere.

In this respect, Britain is again falling behind other Western countries, with healthcare expenditure averaging only 6.9 per cent of the national income between 1980 and 2013.

The researchers found little overlap between the various forms of poverty: only eight per cent of the respondents were poor according to all three definitions (income, wealth and self - assessment).

Your discretion income is simply the difference between your income and 150 per cent of the poverty guideline for your family size and state of residence as stipulated by the U.S Department of Health and Family Services.

Your discretionary income under Income - Based Repayment Plan is the difference between your total income and 150 per cent of the poverty guideline for your family size and state of resiincome under Income - Based Repayment Plan is the difference between your total income and 150 per cent of the poverty guideline for your family size and state of resiIncome - Based Repayment Plan is the difference between your total income and 150 per cent of the poverty guideline for your family size and state of resiincome and 150 per cent of the poverty guideline for your family size and state of residence.

The headliner of the new measures is the one to lower the income - tax rate to 20.5 per cent, from 22 per cent, on Canadians earning between $ 45,282 and $ 90,563 per year.

Combined with the new lower tax rate for income between $ 45,282 and $ 90,563, even those who aren't in the top one per cent of income - earners should take a look at their finances to ensure they're on track.

The top one percenters only accounted for between seven and eight per cent of total income in those countries in 2012.

The average disposable income of Canadians between the ages of 50 and 54 is now 64 per cent higher than that of 25 - to 29 - year - olds, the report found.

Certified financial planner Ed Rempel says the combined impact of tax and OAS clawbacks can result in effective tax rates in retirement as high as 58 per cent (43 per cent income tax on incomes between $ 86,000 and $ 120,000 plus 15 per cent OAS clawback equals 58 per cent)

Stern offers a choice between spending 1 per cent of annual income now, or risking losing 20 per cent of it in 50 years» time.

And the nuanced bit: «With these recognised limitations, the incomplete estimates of global annual economic losses for additional temperature increases of ~ 2 °C are between 0.2 and 2.0 per cent of income.»

The cost of stabilising the global climate is likely to be between 1 and 3 per cent of global income.

The amount of spousal support is 1.5 to 2 percent of the difference between the spouses» gross incomes for each year of marriage, to a maximum range of 37.5 to 50 per cent of the gross income difference for marriages of 25 years or more.

Some Canadian courts have imputed an income of somewhere between 3 per cent and 4 per cent on large equalization payments.

have imputed an income of somewhere between 3 per cent and 4 per cent on large equalization payments.