Sentences with phrase «disproportionately taxes people»
A regressive tax is one that disproportionately taxes people's income at a higher rate for people with lower income than people with higher incomes.
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Eliminating SALT entirely would disproportionately affect people living in high - tax states such Connecticut, New Jersey, New York and California.
A: If you look at consumer spending patterns, you'll see lower income people tend to spend a higher proportion of their income on consumer goods, so a consumption tax cut benefits them disproportionately compared to upper income people.
And, in the meantime, poorer people will be protected against public sector pay conditions; their children will get a pupil premium; and they will gain disproportionately from tax cuts - as well as, of course, from the welfare state.
«The action is making sure that very high asset wealth is reflected in the tax system in the way that it isn't now, making sure that we continue to crack down very hard on tax avoidance, making sure that tax breaks don't go disproportionately to people at the very top.»
«Our economy needs to grow and the only way that it grows is if you do tax reform that disproportionately benefits people at the middle and lower levels,» he said.
«The action is making sure that very high asset wealth is reflected in the tax system in the way that it isn't now, making sure that we continue to crack down very hard on tax avoidance, making sure that tax breaks don't go disproportionately to people at the very top,» he said.
Critics argue that the tax has forced tanning salons to close and resulted in lost jobs, and some have claimed that it's racist against people with light skin; now, Smith says it disproportionately hurts women.
Current policies based upon property taxes discriminate against low - income communities and urban areas, which disproportionately affect people of color.
A: The Windfall Elimination Provision (WEP) is designed to prevent people who didn't pay Social Security tax on the majority of their income from receiving disproportionately high Social Security payments.
Most middle - class people have a tough time maxing out their RRSPs and TFSAs, so even simple tax tools like these disproportionately benefit the wealthy.