Sentences with phrase «cost of the middle class»

The proceeds of the new top income tax rate will be recycled entirely into a proposed so - called middle class tax cut which in fact heavily favours the top 10 % and weill not even cover the cost of the middle class tax cut.

It's worth noting that zoning tends to benefit the rich at the cost of the middle class and poor.

Not exact matches

There will likely be subsidies for middle - class families to help with the cost of purchasing care or insurance.

Either way, the policy change will adversely affect the middle class, Trudeau contends: «They're raising costs on everyday items for an awful lot of people.»

By 1919, the self - taught pioneer with an eighth - grade education was producing more than half the cars in the U.S.. By lowering the cost of the automobile — eventually to $ 350 — he made cars part of the fabric of middle class America.

Respondents to the Palo Alto Weekly's survey cited the area's chronic housing crisis and high cost of living as reasons for identifying as middle - class instead of upper - class.

Doing this puts the annual cost of a middle - class single retirement at about $ 28,000 to $ 42,000, and the cost of an upper middle - class single retirement at $ 42,000 to $ 49,000.

The cost of a middle - class retirement at age 65 can vary from $ 250,000 to $ 750,000 for a couple, and $ 325,000 to $ 675,000 for a single.

From these statistics, and from talking to retirees and their advisers, it's fair to estimate that a typical middle - class retirement costs roughly $ 40,000 to $ 60,000 per couple per year, while an «upper middle - class» retirement costs in the range of $ 60,000 to $ 70,000 per couple per year.

For those who are middle and working class, the impact has been to shift a greater burden of the cost of healthcare onto them.

The rich are getting richer because the middle class can't buy property, they can't buy property because the cost of normal things are exponentially higher today than 10 year ago, rents keep going up because people can't buy property making it harder to get away from renting.

Whatever is the current cause of the rise of prices in the housing market, when computed as the mortgage cost in labour time in terms of the average weekly salary, residential properties, with the exception of the 1988 - 1991 period, are now clearly less affordable for middle - class Canadians than they were for the last five decades.

These cost estimations seem pretty high for middle class, but it really depends on your definition of middle class.

The analysis does not include an additional cost of the legislation: its repeal of the individual mandate, which the Congressional Budget Office estimates could cause as many as 13 million fewer people to have health insurance, reducing federal spending for poor and middle - class Americans» health insurance by $ 338 billion over 10 years.

The cost of some key middle - class expenses has risen much faster than inflation.

Changes in the cost of certain goods and services that middle - class Americans consider essential may not be adequately captured in this bundle.

Under your proposed Infrastructure Bank, investors are expecting a minimum return of 7 — 9 %, and it is clear that low and middle class Canadians will bear the brunt of higher costs through tolls, user fees and increased taxes.

The rising cost of necessities like health care, housing and education is crowding out discretionary spending for middle - class Americans, said Stephanie Pomboy, founder of MacroMavens, an independent economics consulting firm in New York.

Green also reminded the Congressional members present that the «unregulated OTC derivatives market was at the heart of the 2007 - 2008 financial crisis, which cost 8.7 million Americans their jobs, 10 million families their homes, and eliminated 49 percent of the average middle - class family's wealth compared with 2001 levels.»

President Obama the is hearing your family Prayer and May the Continue to bless you and the White House S taff to make the right decesion for to help the poor and middle class people.please increase the food stamps five dollar increase isnt enough because the cost of live have increase includeing food, gas and light bills, etc have increase.

But the hungry need food and the sick need medical care and the homeless need shelter, and all of these cost money — money that a faithful and sharing middle class could provide a good measure of, certainly enough to do a lot of concrete good.

Addressing the high cost of diapers for low - income families can help to take one more burden off those families as they strive to reach the middle class, and give the next generation the great start in life that all kids deserve.

2) the movements in Africa were mainly run by upper middle classes, this is also true for india untill they slashed the cost of joining the INC indian congress to become affordable m allowing to poor to have a say in the running of the party.Africa on the other hand had a more tribal approuch in that there were opinions and they were voiced, but the popularity of the «chief» was not often challenged

The economic argument is debatable and opinions differ, but do you think the large numbers of struggling upstaters enjoy the high taxes, ever increasing fees (example: the cost to have your vehicle inspected DOUBLED from 2010 to 2011 and is now one of the highest in the nation) and endless financial burdens they as lower and middle class people endure while the rich bankers and CEOs downstate laugh at them?

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.

Farmers, migrant workers and lower / middle - class urbanities grumble about rising living costs, and a perceived lower quality of life.

The responsibility for the crisis is identified in turn with Berlusconi and his failure to deliver on the liberal revolution he repeatedly promised; with the Democratic Party which many saw as hopeless during the long years in opposition; and finally, with Mario Monti, whose technocratic government some perceive as the product of the economic establishment which created the crisis and is now passing the costs on to the middle class.

«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.»

In a statement, Senate Majority Leader John Flanagan said that middle - class taxpayers are «struggling under the crushing weight» of various taxes, as well as the «skyrocketing» costs of higher education.

It would cost hundreds of thousands of predominantly working and lower - middle class jobs, it would devastate investment, it would sabotage British public finances, and trigger a prolonged period of crushing austerity.

Also at 12:45 p.m., Rep. Sean Patrick Maloney will join a first - time homeowner and housing experts to announce legislation to help middle class families afford rising housing costs amid a national rental affordability crisis, home of Taylor Van Dyck, 33 Ontario Ave., Middletown.

Nonetheless, successfully wooing an endorsement from Vermont Sen. Bernie Sanders, Cuomo pushed a new middle - class tuition subsidy program whose full annual cost he estimated at $ 163 million — a low - balled figure that failed to take account of the disruptive impact it would likely have on SUNY and CUNY budgets, not to mention New York's vital private higher - education sector.

We must close the loopholes identified in this report that cost our neighborhoods thousands of affordable homes each year and which threaten to turn New York into a city without a middle - class.»

That could cost some typical middle - class families and upper middle - class families with high property taxes a lot of money.

State senators in favor of this bill made a three - pronged argument: property taxes have become too burdensome for middle - class homeowners; the property tax caps for municipalities outside the city have been — according to Senate Majority Leader John Flanagan — «a tremendous success,» as well as a job creator; and that the city had benefitted so much from uncapped property tax collections that the mayor shouldn't be surprised about the governor's proposal to shift Medicaid cost to the city.

«State and local deductions are bedrock middle - class deductions that help steady the cost of many middle - class families living in New York and should not be eliminated or even reduced so people making millions of dollars a year can catch a tax break of their own,» Schumer said.

It will lower the cost of health care for a middle - class family by thousands of dollars a year.

De Blasio and Murphy vowed to work together to rally against the GOP's massive federal tax overhaul that calls for the elimination of popular tax deductions — such as state and local property tax costs and student loan interest payments — which they argue will hurt middle - class taxpayers.

The major threat to passing on something to the next generation, and the real slap in the face for having been provident and saved for your old age, - all middle class pre-occupations - is that the increasing costs of care will wipe out any savings.

The major policy announcement on free school meals was the obvious move in this direction — as well as being a sop to middle class voters who lost out after cuts to child benefit — but Nick Clegg's speech is full of references to policies which help in day - to - day life: the pupil premium, flexible parental leave, free childcare, a cap on social care costs.

New York counties currently pay 13 percent of the costs for Medicaid, the state - federal health care plan for the poor and lower middle class.

The administration says Obama will talk about improving the value and reducing the cost of higher education for middle class families.

«Like most New Yorkers, he doesn't believe taxpayers should cover the cost of free college tuition for illegal immigrants while hardworking, middle - class families here legally take out student loans that will take them years to repay,» a spokesman for Mr. Skelos, Scott Reif, said.

In a statement, Senate Majority Leader John Flanagan said, that middle - class taxpayers are «struggling under the crushing weight» of various taxes, as well as «skyrocketing» costs of higher education.

I am eager to begin collaborating with local families, businesses and elected officials to take action on my other legislative priorities for 2013, including creating jobs, reducing the size and cost of state government (e.g.) consolidation of the Thruway Authority within the Department of Transportation, regulatory reform and making the 2011 middle - class tax cut permanent.

«The combination of a high cost of living, shortage of good jobs, lack of affordable housing and poor performing schools makes it hard for middle class families — and their children — to get ahead, or even hold their own,» she said.

«The Senate GOP bill would raise taxes on three in five middle - class households nationally, according to the Tax Policy Center, with states like New York feeling the brunt of the costs.»

Middle - class Americans, in particular, struggle with the high costs of dementia long - term care because they can't afford long - term care insurance policies and often don't qualify for government help under Medicaid, RAND researchers say.

Education is most likely to turn up when candidates talk about the cost of higher education in terms of the concerns of the middle class.

Obama's main education issue had become student loans and the rising cost of a university education, a topic far distant from school reform but one of great interest to present and future members of the upper middle class.