Sentences with phrase «for upper income earners»
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.
http://www.nystateofpolitics.com/ Not exact matches
But for most middle - and even upper - middle - income earners, the prospect of making one's savings stretch into what seems like an endless retirement is a daunting one, increasing the uncertainty around how to invest, how to pay for medical care, and whether you can leave a legacy behind for the kids or your community.
Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).
While upper income earners could take the biggest hit, there would still be problems for the middle class.
Liberal advocates also support the idea, but say it should be paid for not by holding spending near flat, but by increasing taxes on upper - income earners.
New York was penalized in the report for imposing higher tax rates on upper - income earners, as well as high property taxes.
Mr. Wright, however, was hazier on the details of how to reconcile such a moratorium with Mayor Bill de Blasio's plan to construct and maintain 200,000 units of affordable housing, which hinges in part on re-zonings and outlays for upper - income construction that devotes 20 percent new units for low - and middle - income earners — a plan Mr. Wright said he was «very much in support of.»
That, in the middle of the global distribution (where people emit about 7 tCO2e per person per year), we find «the top 1 % earners from Tanzania, the upper middle class (7th decile) in Mongolia and China as well as poor French and Germans (respectively 2nd and 3rd income deciles,» and that, at the bottom of the global distribution, we have, for example, the poorest 7 % of the population of India, (at about 0.15 tCO2e).