Senate Minority Leader Chuck Schumer (D - N.Y.) said the Senate plan, like the House bill, would harm middle and upper middle -
class taxpayers on Long Island and in suburbs across the country — and warned House Republicans voting for their bills they could face defeat next year.
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.
The net result was that 81 per cent of middle -
class taxpayers saw their taxes rise, and
on average pay $ 840 more annually.
«We have led the way
on controlling state spending, capping local property taxes, and soon, millions of middle
class taxpayers will get to keep more of their income to invest and spend as they see fit.
«While I support helping middle -
class families afford the rising cost of a college education, I'm very concerned that this proposal will put an unfair burden
on hardworking
taxpayers that have paid for Albany's tax - and - spend culture for far too long.»
He said new taxes would have to be imposed
on middle -
class taxpayers as well, with an average increase of 10 percent, something he views as unacceptable.
Cox said Gillibrand's explanation for her «no» vote — that the deal doesn't provide sufficient relief to the middle
class and is fiscally irresponsible — doesn't ring true based
on some of her past votes, including her support of preserving
taxpayer funds to thw now - defunct ACORN (Schumer opposed that one).
Unshackle Upstate's Brian Sampson says in a TU OpEd that state
taxpayer dollars slated for a public campaign finance system would be better spent
on repairing aging infrastructure, expediting ongoing storm recovery efforts, restoring the Gap Elimination Adjustment, or providing tax relief for struggling middle -
class families.
«We're all focused
on how we make sure the middle -
class taxpayers are better off after tax reform and that we recognize the burden of those taxes in those high - tax states,» Brady said.
Pat Purcell, a member of UP4NYC and the executive director of the Great NY Laborers - Employers Cooperation & Education Trust with the Laborers, said Mr. de Blasio's plan «will not provide middle
class wages to the workers employed
on what will remain mostly
taxpayer subsidized luxury housing, and it will not significantly increase affordable housing production for New Yorkers who need it most.»
Maloney also supported giving Congress
taxpayer - funded health care for life, while voting against efforts to stop Congress from flying first
class on our dime.
WASHINGTON — U.S. Sen. Charles Schumer
on Wednesday urged all of New York's 27 House members to unite against the Republican tax reform plan, warning it would disproportionately harm middle -
class taxpayers and homeowners in their state.
Cuomo said preventing upper - middle -
class and wealthier
taxpayers from using the deduction will help drive them out of the state and put more of a tax burden
on lower - income earners.
«While Senator Gillibrand fights every single day to protect New York
taxpayers — from opposing the flawed Wall Street bailout to delivering middle
class tax cuts that save our families money and help small businesses create jobs — our opponents want to keep driving a million miles an hour with their hands off the wheel and their foot
on the gas.»
The priorities enumerated in the document are a clear indication of the type of independence that Johnson has promised since taking office, with a focus
on «strengthening the social safety net, fighting for the middle
class and handling
taxpayers» money responsibly,» as Johnson put it at a news conference at City Hall.
Holding out an olive branch to the new Republican majority in the legislature and to the middle
class, Gov. James J. Florio of New Jersey last week laid out plans to help stimulate the state economy and ease the burden
on taxpayers.
Requiring all students to pass remedial
classes before they can earn the credits needed for their degrees imposes extra costs
on students, colleges, and
taxpayers — funds that could be spent
on other college courses and programs.
Either this discordant plan is a front for public school expansionism, bent
on adding another grade or two to its current thirteen, and adding the staff (and dues - paying union members) that would accompany such growth, or it's a cynical calculation: only by appealing to the middle -
class desire for
taxpayers to underwrite the routine child - care needs of working parents will any movement occur
on the pre-K front, and the heck with the truly disadvantaged youngsters who need more than that strategy will yield.
The net result was that 81 per cent of middle
class taxpayers saw their taxes rise, and
on average pay $ 840 more annually.
«BC has an abundance of world -
class wind sites that can be developed flexibly
on a scale that matches changing economic conditions and electricity demand, addresses environmental concerns, and reduces the potential financial risks of new electricity generation to BC ratepayers and
taxpayers.»
The proposed
class action is brought
on behalf of Canadian
taxpayers who participated in the Gift Program, excluding the defendants, their affiliates and those who sold the Gift Program.
This proposed
class action is brought
on behalf of the approximately 60,000 Canadian
taxpayers who participated in the Global Learning Group Inc. (GLGI) charitable donation program (the Program) between 2004 - 2014, but excludes those who sold the Program or were otherwise involved in its operations.
TransAlta Corporation v. Canada, 2012 FCA 20 — Appellate counsel to a major power company in its successful appeal relating to a
taxpayer's right to allocate sale proceeds between asset
classes on the sale of a business.
Budget 2015 proposes new capital cost allowance
Class 53 to provide an accelerated CCA rate of 50 percent
on a declining - balance basis for machinery and equipment acquired by a
taxpayer after 2015 and before 2026 primarily for use in Canada for the manufacturing and processing of goods for sale or lease.
Here are a few themes that sum up the impact of budget
on the insurance sector: Increase In Tax Benefit: In lieu of extending benefits to middle -
class taxpayers, the FM increased the limit of deduction against health insurance premium from Rs 15,000 to Rs 25,000.
On the other hand, younger and (generally) poorer
taxpayers gain the benefit of the increased standard deduction, and they may reap some additional advantage in purchasing their first homes as home values decrease to the detriment of the middle
class homeowners.
A. New Housing Financing System for Middle
Class Families and Economic Stability: Today, the President made clear it is time to turn the page on an era of housing bubbles and taxpayer bailouts, and build a new housing finance system that will provide secure homeownership for responsible middle class fami
Class Families and Economic Stability: Today, the President made clear it is time to turn the page
on an era of housing bubbles and
taxpayer bailouts, and build a new housing finance system that will provide secure homeownership for responsible middle
class fami
class families.