Sentences with phrase «income on a single item»

They spend nearly half of their income on a single item, and its price rose by 2.5 % in the year to June.

Not exact matches

The authors, previously colleagues at Boston Consulting Group, noted how the growing income gap in the U.S. had created not only a sizeable affluent group able to purchase higher - quality items in almost every category but a habit among middle - income consumers of spoiling themselves on a single category of luxury purchases they identify with.

Business Tax Items • Permanently extends the 2001/2003 tax rates for adjusted gross income levels under $ 450,000 ($ 400,000 single); good for small business and home builders, 80 % of whom are pass - thru entities who pay taxes on the individual side of the code • Permanently extends the Alternative Minimum patch; again, good for small business owners who are frequently at risk of paying AMT • Permanently sets the parameters of the estate tax; positive for family - owned construction firms; codifies the 2010 $ 5 million exemption amount (indexed to inflation) and a 40 percent estate tax rate • Extends present law section 179 small business expensing through the end of 2013; offers cash flow and administrative cost benefits for small firms • Extends the section 45L new energy - efficient home tax credit through the end of 2013; allows a $ 2,000 tax credit for the construction of for sale and for - lease energy - efficient homes in buildings with fewer than three floors above grade