Sentences with phrase «graduated income tax»

Pension splitting is based on the fact that Canada's graduated income tax system imposes far higher rates of tax on big earners than on modest or non-existent earners.
A research group unveils a pair of graduated income tax options that for the first time tell taxpayers exactly where they and the state budget would stand.
We balance that inequality with regulation and with graduated income taxes.
Dorothy Blaney, Cedar Crest College's president, has suggested using income to scale tuitions at state institutions — like graduated income tax — meaning that low - income families would pay less.
In Canada's graduated income tax system, knowledge of steadily rising tax brackets is essential, both on the wealth accumulation and eventually the income - drawdown phases.
It's time for Illinois to seriously pursue a graduated income tax structure.
Now is the time for Illinois Democrats to flex their political muscle and push for a graduated income tax.
Assuming the GOP - controlled Congress gets its win and Trump signs into law the tax breaks for the rich, I think the best way for Illinois to respond is to enact a graduated income tax.
As recently as 2016 with House Bill 689, the legislature considered a measure to amend the state Constitution to allow for a graduated income tax.
The best friends that capitalism has in this country today are the antitrust laws, the graduated income tax, the inheritance taxes, the social security program, and all the other legislation that has tempered the capitalist system, spread the wealth, provided for adequate public services, and created the great middle class that makes the American economy strong.
«Broken,» «polarized,» «hopeless» — all of these have been used to describe the climate in Washington, where Republicans are signing party line pledges to oppose President Obama and branding a graduated income tax «class warfare.»
Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective - a graduated inheritance tax on big fortunes, properly safeguarded against evasion, and increasing rapidly in amount with the size of the estate.»
This would be a graduated income tax leading to the «rich paying their fair share and the poor paying less.»
The state of Kentucky uses a graduated income tax schedule, much the same way the federal government does.
Canada has a graduated income tax system that increases the amount of income tax you pay as your income gets higher.
[A proposed Article of Amendment authorizing the General Court to impose and levy a graduated income tax and to base such tax upon the federal income tax, adopted by the General Court during the sessions of the years 1969 and 1971, was rejected by the people on the seventh day of November, 1972.]
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