Sentences with phrase «class tax cuts for»

Cuomo and legislative leaders agreed to a middle - class tax cut for New Yorkers.

Not exact matches

Exactly how much taxpayers would save — or how much more they would pay — depends on many factors, and as Business Insider's Josh Barro pointed out, tax cuts for middle - class Americans aren't likely to be as sweeping as Republicans make it sound.

Clinton said she'd make the tax system more fair, would close loopholes for the wealthy, and create tax cuts for the middle class.

«Any reductions we have in upper - income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class,» Treasury Secretary Steven Mnuchin said Nov. 30, 2016, in an interview on CNBC's «Squawk Box.»

The law provides steep tax cuts for corporations, with more modest breaks for most Americans — though some in the middle class from high - taxed states will pay more — and has suffered in the polls.

But multiple analyses of the proposals Trump has put out thus far have found that they would result in much larger tax cuts for the wealthiest households than for the middle class.

Clinton's husband presided over a bipartisan tax cut in 1997 that lowered the marginal rate for the middle class, and raised the capital gains tax.

The large and accelerating rates of incorporation happened because of the weird interaction of two different populist instincts: (1) Even tax - cutting governments were reluctant to reduce personal income taxes on the top tier of income - earners, for fear of being accused of delivering «a tax cut to the richest Canadians;» (2) Just about every government from Jean Chrétien's onward was eager to cut small - business tax rates, because this seemed to be a handy spur to the plucky spirit of the theoretically job - creating mom - and - pop entrepreneurial class.

«At the same time as they have these massive tax cuts for the richest people in the country they actually increase taxes for a lot of working and middle class people, and so I think they see the child tax credit as a way to try to address that,» Marr said.

The president offered insight on how extending the tax cuts for the middle class could help keep our businesses growing without hindering the purchasing power of American consumers.

He also voted against raising the minimum wage, against tax cuts for the middle class, and most importantly to entrepreneurs, against the Small Business Jobs and Tax Relief Act in 20tax cuts for the middle class, and most importantly to entrepreneurs, against the Small Business Jobs and Tax Relief Act in 20Tax Relief Act in 2012.

When he does, he invariably talks about three things — the corporate income tax rate cut, the tax cut for middle class families with kids, and Opportunity Zones.

Our massive tax cuts provide tremendous relief for the middle class and small businesses to lower tax rates for hard - working Americans.

The $ 15 - an - hour push dovetails with Justin Trudeau's agenda of cutting taxes for the middle class and closing loopholes for the rich.

This monetarist philosophy has curtailed public enterprise throughout the world since 1980, in favor of privatization programs to sell off public enterprises and use the proceeds to cut taxes, mainly for the wealthier classes and the real estate and financial sectors.

All told, though, the plan is, like its House counterpart, a proposal to dramatically slash corporate tax rates, open up a big new loophole for wealthy individuals, and pay for the cuts by dramatically expanding the national debt and ending a number of tax deductions that could leave a substantial share of middle - and upper - middle - class people paying more.

The second reason to adopt the payroll fix is it amounts to a tax cut for many middle - class people.

We will increase the marginal tax rate on Canada's top one percent so that we can cut taxes for the middle class.

But it would not only totally offset the new limit on deducting state taxes — it would amount to a sizable tax cut for many middle - class families and would vastly simplify tax preparation by freeing people up from filing their own state taxes.

«At the time, people looked at our plan for more generous and means - tested child benefits, tax increases for the rich and tax cuts for the middle class as a bit of a curiosity,» he said, according to a copy of his remarks.

The Liberals campaigned on the promise to cut taxes for Canada's middle class.

However, business groups have been urging the Liberal government not to raise taxes further, warning that such a move could place Canada at a competitive disadvantage in light of U.S. President Donald Trump's pledge to support a «massive» tax cut for the middle class.

In order to ensure the legislation has a middle class tax cut, the Tax Cuts and Jobs Act offers a $ 300 credit for every non-child dependent (plus a $ 600 boost to the child tax creditax cut, the Tax Cuts and Jobs Act offers a $ 300 credit for every non-child dependent (plus a $ 600 boost to the child tax crediTax Cuts and Jobs Act offers a $ 300 credit for every non-child dependent (plus a $ 600 boost to the child tax creditax credit).

«Major companies including Cisco Systems, Pfizer Inc. and Coca - Cola Co. say they'll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump's promise that his plan will create jobs and boost wages for the middle class.

The other major pillar of the reform is the cuts that have been enacted for individual income earners, with middle - class taxpayers earning between $ 19,050 and $ 77,400 per year receiving a cut in tax from 15 to 12 percent.

They failed to take credit or make the case for the economic upturn, and how their policies have much to do with lower unemployment (5.8 %), significant debt reduction, healthy corporate balance sheets, greater financial stability (Dodds - Frank), record stock market numbers, as well as reducing the gap between high earners and the middle class through Obamacare and reducing the Bush tax cuts.

Progressives will be expecting the government to deliver on its ambitious social agenda, and will note that this could be easily funded on the revenue side by implementing a modest corporate tax increase, by scaling back the so - called middle class tax cut, and by setting more ambitious targets for the promised Liberal review of tax loopholes for the most affluent.

A small selection: «The Government will, as an immediate priority, deliver a tax cut for the middle class.»

The problem was that the Cain plan was worse for the middle - class than the Perry and Gingrich flat taxes or the Tim Pawlenty across - the - board income tax cuts.

No amount of misdirection about ending «the existing Wall Street paradigm of Blankfein, Dimon, and Schumer» will be able to cover up for the combination of a middle - class tax hike and a tax cut on high - earners.

Family - Friendly Tax Reform - This plan would save thousands of dollars for working - class and middle - class parents and cut taxes on investment income.

It also cuts taxes for parents and middle - class singles while moving the tax code in a more pro-growth direction.

You can't support enormous tax cuts for high - earners that would require tax increases for the middle - class and the poor to fund the government.

It will cut taxes for us rich folks while raising taxes on the middle class by up to $ 2,000 a year... great plan!

The poor and middle class will pay for the tax cuts to the rich and subsidies to the oil companies.

It isn't the fault of Republican primary voters that the Huntsman campaign combined seeming contempt for the Republican electorate with a middle - class tax increase and huge tax cuts on high earners.

When they think they can get away with it, our elite Republicans disparage the idea of tax cuts for the middle class.

By unity do you mean more tax cuts for the rich and up to $ 2,000 more a year in taxes for the middle class?

He seems to have proposed a middle - class tax increase with sharp tax cuts for....

- Social programs for the poor - Affordable care for the sick - Medicare for the elderly - Tax cuts for the Middle Class & poor

Douthat and Salam's youth» they're among the brightest lights in the next generation of conservative writers» gives them a new perspective on the contemporary political scene, allowing them to step out beyond traditional conservative fixations on tax cutting and limited government» where the supposed Reagan solution is always the correct solution» and to offer incisive criticisms of how the Grand Old Party's ideology frequently serves as a blinder to effective policies for the working class.

The tax cuts included in the Assembly's one house bill were larger for middle class NY residents.

The Republican budget cuts housing assistance, food stamps, heating projects, community development funds — all at the expense of the middle class and working families — while they cut taxes for the wealthiest Americans.

Democrats only proposed more hand outs for the poor and a token middle class income tax cut..

But he'll extract something, probably more tax cuts for the middle class and it'll expire again in 2 - 3 years.

Middle class would have had a larger tax cut this year if the Pubs had not greedily fought for the donor class in the bill that was finally passed.

«I'm supporting Todd because he delivered for Nassau County families — passing 12 weeks of paid family leave, winning a $ 15 minimum wage for New Yorkers, $ 1 billion in tax cuts for middle class families, and $ 20 million in new funding for our schools this year,» Obama says in the call.

To clarify: I would define «largely cut taxes for the rich» as meaning the taxes of the top 1 % were in some way shape or form lowered a lot more than the taxes of the middle class or their wealth was significantly increased via corporate tax code changes

The final agreement not only burnishes Cuomo's liberal credentials by extending (though not expanding) the millionaire's tax, raising the age of criminal responsibility of New York and addressing the high cost of college tuition for members of the middle class, it also dramatically increases his (already considerable) budget powers, enabling him to single - handedly make spending cuts in the event of widely expected future federal funding reductions.

«From cutting property taxes to alleviating student loan debt, we're continually striving to improve lives and increase economic opportunity for middle class New Yorkers,» Cuomo wrote.