Sentences with phrase «cent of income earners»

The top one per cent of income earners took about a third of all income gains in the decade from 1997 to 2007.

Today roughly 10 per cent of each age cohort in rich countries receives more in a single inheritance than the lifetime income of someone in the bottom 50 per cent of income earners.

Also, two - in - three small business owners (65 %) agree with the statement «The top one per cent of income earners in Canada don't pay their fair share of taxes.»

«From 1980 to 2007, in that period, revenues from the top 1 per cent of income earners went from 1.6 per cent of GDP, to 3.1 per cent of GDP, a huge surge of revenues from the highest income earners,» he said, crediting tax cuts with generating that wealth during those years.

The bottom 20 per cent of income earners now pay a «much higher proportion of their income tax», Clegg claimed, widening the gap over the last 13 years under Labour.

Nearly 10 per cent of the 99 per cent of Americans who fall outside the top 1 per cent of income earners in the US are in the global 1 per cent.

By contrast, as much as 80 per cent of taxpayers in the top 0.01 per cent of income earners were CCPC owners.

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.

Economist Michael Wolfson showed that those in the top 0.01 per cent of income earners are more than 10 times as likely to hold shares in a small business corporation compared to median - earning Canadians.

Fully seven - in - ten non-owners (71 %) say that the top one per cent of income earners, some 270,000 Canadians, don't pay their fair share.

Economist Michael Wolfson showed that those in the top 0.01 per cent of income earners are more than 10 times as likely to hold shares in a small business corporation compared to median - earning Canadians.

Announced in 2008 and implemented in fiscal 2010 - 2011, the British government imposed a substantially higher marginal tax rate on the country's top 1 per cent of income earners, raising the rate from 40 per cent to 50 per cent, and simultaneously revoking the personal exemption traditionally granted to all taxpayers.

In future, average tax rates will still be higher for most taxpayers under Turnbull's tax plan, but there's one exception: the top 10 per cent of income earners.

More than 85 per cent of this elite crowd moved up to an earning plateau in the top nine per cent of income earners.