Sentences with phrase «class tax hike»

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.

Not exact matches

The Senate tax bill would substantially increase premiums in the individual market for health insurance, and middle - class families would bear the brunt of the price hike.

But 4.8 percent of Americans would see taxes go up, with hikes concentrated in the upper middle class and among the very rich.

But it's possible he was referring to the finding that the House GOP's measure crosses a bright line his administration has drawn for the exercise: No tax hikes on the middle class.

While Madigan would have Illinoisans believe it would only be a tax increase on the rich, recent history and Illinois» spending problems dictate the middle class would face tax hikes under a progressive tax system — where income is taxed at increasingly higher rates, rather than the current flat rate of 4.95 percent.

Were Clegg and co to actively push tax hikes for those earning over # 50,000, their middle class support would become more than a little strained.

«When Vice President Pence arrives in Buffalo I hope he's prepared to explain why he wants to hike taxes on thousands of middle class families in Western New York and across New York State,» Schumer said Monday afternoon in an interview.

After all, unlike the UPK tax hike battle, the only people who will be negatively affected by his policy are his ostensible base: primarily black and Latino working - class people who are committed to getting their kids the best education possible.

Within his first hour after being sworn into office, Bill Owens broke four campaign promises when he decided to support a government takeover of healthcare that included massive tax hikes for middle class families, taxes on benefits, drastic cuts to Medicare, and a government - run option that would result in rationed care.»

«When Vice President Pence arrives in Buffalo tomorrow, I hope he's prepared to explain why he wants to hike taxes on thousands of middle - class families in the Buffalo area and across the country.

Skelos was criticized earlier this year by de Blasio for blocking a tax hike on the wealthy to fund universal pre-K classes.

Bonus - bashing and tax - hiking have left the privileged classes fuming, but their fury — in its candor and explicit exceptionalism — may have started the first frank conversation about money this town has had in years.

Lawmakers are expected to begin voting tonight on a middle class tax cut, a minimum wage hike, and the school funding.

He said he is considering possibly voting against the House Democratic budget proposal because it does not currently include tax hikes on the wealthy and instead offers spending cuts for programs for the poor and middle classes.

The Democratic Congressional Campaign Committee said «Establishment Republicans» want to hike taxes for the middle class to extend cuts to the wealthy and large corporations.

Lower, middle and upper - class will receive tax reductions, multi-millionaires will receive tax hike similar to current «millionaire's tax»

The proposal carves out what tax relief the Senate majority wants in the 2016 - 17 state budget, but it's a one - house bill that would have to win support from Assembly Democrats, and they proposed a different plan last month which included a tax cut for the middle class and a tax hike for millionaires.

Lawmakers are expected to begin voting Thursday night on paid family leave, a hike in the minimum wage, a middle class tax cut, and a record amount of school funding.

The final budget, approved by state lawmakers on March 29, also extends the millionaire's tax another three years; hikes the minimum wage from $ 7.25 to $ 9 over three years; and promises $ 350 rebate checks to most middle - class families with children in 2014.

The state Democratic Committee sent out an email from Cuomo on Thursday warning that the Faso - Collins provision would lead to a 26 percent tax hike for the middle class.

Lower, middle and upper - class will receive tax reductions, multi-millionaires will receive tax hike similar to current «millionaire's tax» On Tuesday Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver announced they have reached a proposed three - way agreement on legislative and executive proposals to create jobs and cut taxes for middle class New -LSB-...]

«This half - baked compromise will still double the tax on millions of Americans and is a hollow sham that would hammer huge numbers of middle - class families from Elmira to Syracuse with a tax hike in order to pay for a tax cut to already - profitable giant corporations and the super-rich,» Schumer said.

ALBANY — Gov. Cuomo and state lawmakers reached agreement Thursday on a $ 155.6 billion state budget that will hike the minimum wage to $ 15 an hour in most parts of the state, create a statewide paid family leave program and enact a middle class tax cut.

The state senator, whose turf covers not Maspeth but neighborhoods like Bayside and Whitestone, read a scripted speech that sounded like a laundry list of middle - class outer borough complaints against the present administration: from de Blasio's «narrow - minded anti-motorist» Vision Zero program, to his opposition to bringing the city into line with the rest of the state's two percent property tax cap, to his allegedly insufficient support for co-ops and small senior centers, to the influence of high - power political consultants at City Hall, to the lack of public transit options in the deepest reaches of the city (which the state controls), to his purported failure to shield small businesses from rent hikes, to — yes — his scrapped plans to convert the Holiday Inn into a homeless shelter.

In an apparent shot at Cuomo's statement that there is no «appetite» this year to hike taxes, Heastie tweeted that «NYers are hungry for a system that puts the working poor and middle class ahead of millionaires.»

We all have our own conspiracy theories about what taxes will do, and we believe the middle class will be relatively safe from significant tax hikes going forward.

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And look, we're — we're still trying to debate whether we can just make sure that middle - class families don't get a tax hike.

Still, the growth of million - dollar neighborhoods could spell trouble for the middle - class and for those who would have difficulty weathering property tax hikes, Gudell says.