Sentences with phrase «holding middle class income»
Washington (CNN)- Despite President Obama's accusation Wednesday that Republicans are holding middle class income tax cuts «hostage» by tying them to an extension of tax cuts for wealthier Americans, the reality is several Democratic senators also oppose allowing President Bush's tax cuts for higher earners to expire.
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Speaking at Tmall's Super Kitchen event, an offline expo of home goods held by Alibaba Group's business - to - consumer site, Stewart said she saw an opportunity to expand her brand into the world's second largest economy as rising incomes in the middle class there were increasingly being spent on lifestyle and experiential purchases rather than staple goods.
«Working together, our accomplishments are many ---- a game - changing property tax cap, record support for schools and elimination of the GEA, a 20 - percent middle class income tax cut, six straight budgets that have held the line on spending, targeted investments that will create jobs and revitalize our economy, and critical road and bridge funds for every region of the state,» he said.
An analysis from the Fiscal Policy Institute confirms Cuomo's claim holds true - but like McMahon, the institute points out the income range that defines the middle class looks different today than it did 70 years ago.
New research, however, suggests that what really works is winning a different kind of lottery: the one jurisdictions like Montgomery County, Md., hold to provide a chance for low - income public - housing students to live in upper - middle - class...
The American middle class is losing its hold on the reins of the U.S. economy, not only because of the drop in incomes and net wealth, but also because the commercial real estate industry is catering to the luxury and working class consumers...