Sentences with phrase «hit middle income earners»

Not exact matches

While upper income earners could take the biggest hit, there would still be problems for the middle class.

«It doesn't make a lot of fiscal sense,» says Hannah, adding bankruptcy tends to hit middle - income earners with household earnings of $ 50,000 to $ 80,000 — a level where RRSP contributions don't have much of a tax advantage once you define that household income by two people.

The AMT is increasingly hitting middle class taxpayers, in addition to the high income earners it was originally designed to bite.