Sentences with phrase «for middle income earners»

But Cuomo and Senate Republicans have done this before, partially preserving tax rates on the rich at the end of 2011 while engineering a rate cut for middle income earners.

«I'm sure they're going to realize we need the revenue that comes from that high earner tax,» Klein said in an interview on Wednesday, a day after Gov. Andrew Cuomo unveiled a budget that keeps the expiring tax rates in place, but seeks to reduce rates for middle income earners starting at $ 40,000.

Their housing plan focuses on working with local governments to create diverse housing type and tenure, which are key themes in our upcoming report on housing and the «missing middle», and we are pleased to see attention given to a broad range of housing solutions including those suited for middle income earners.

For these middle income earners who are instinctively striving to improve their lot and yet bearing a considerable price for the failed debt - ridden policies of the last Labour government, what better means to show our support than to make it clear we want to increase the threshold where employees pay 40 % tax?

By creating a new tax bracket — while reducing the marginal tax rate from 22 % to 20.5 % for middle income earners between $ 44,700 and $ 89,401 a year — the Liberals are trying to rebalance disposable income levels in all tax brackets.

A report (PDF) from the University of Toronto's Faculty of Law that looked at access to justice for middle income earners said that «a fee structure based on an hourly billing model is unaffordable to most;» indeed it is, and let's not forget that we're talking about the middle class here.

They include an extension of a temporary tax cut for middle income earners, which would gradually be reduced to a rate of just over five percent for those who make $ 300,000 a year or less.

Senate Republicans had initially sought a $ 3.5 billion tax cut rate plan, while Assembly Democrats wanted to lower rates for middle income earners.

«We've done that several years ago and by the way the same time we raised the taxes on the high earners, we lowered it for middle income earners.»

They include an extension of a temporary tax cut for middle income earners, which would gradually be reduced to a rate of just over 5 percent for those who make $ 300,000 a year or less.

Weeks later, Cuomo and state lawmakers met in a special session that ultimately shuffled the tax code and kept the surcharge in place for upper income earners and providing a rate cut for middle income earners.

In New York, lawmakers this year approved tax cuts for middle income earners.

«That's a really bad example of tax policy,» said McMahon, who praised lawmakers for agreeing to an actual tax cut for middle income earners.

These two changes have a clear goal in mind — tax the higher income earners and lower taxes for middle income earners.