Sentences with phrase «income wage earners»

More pets are being adopted than ever before and some go to homes headed by low - income wage earners, or people on small fixed incomes.

City Council Speaker Christine Quinn is currently leading the pack in the mayor's race, bolstered by support from higher income wage earners and people from Manhattan, her home borough.

This cutback will accelerate the point at which the program moves into supposed «negative equity» — a calculation that ignores the option of restoring pension funding to the government's general budget, where it would be paid out of progressively levied income tax and hence borne mainly by the wealthy, not by lower - income wage earners as a «user fee.»

Not exact matches

Crony - state capitalism has imposed rentier monopolies and cartels on wage earners, effectively transferring more of the nation's income and wealth to politically powerful entrenched interests and cartels.

If your product is household cleaning services, why call a random neighborhood where you have no knowledge of income levels, the number of household wage earners or the number of children?

The CUPE proposal suggests that there are only benefits and no costs to a higher minimum wage, but then caps the minimum wage hikes to a level where only single - earner full - time minimum - wage workers (with no other sources of income) cross the LIM.

This income being «sprinkled» across the family can confer a substantial tax advantage to the incorporated consultant compared to a family with a regular wage earner who would have to pay full tax on any money given to other family members.

Under current law, high - income fund partners pay the long - term capital gains rate of 20 percent on their carried interest income, instead of the 39.6 percent individual tax rate that applies to the ordinary wage income of high earners.

This makes blue - collar wage earners pay a much higher tax rate than the FIRE sector and the upper income brackets.

An income profile for the typical U.S. wage earner shows the degree to which the cost of living now reflects FIRE sector costs more than prices for commodities produced by labor.

* Over 50 % of people say the loss of a primary wage earner would become a financial burden within one year and 47 % said within six months, including 40 % of > $ 100,000 income households.

On its website, the SSA says, «Social Security replaces about 40 percent of an average wage earner's income after retiring, and most financial advisors say retirees will need 70 percent or more of pre-retirement earnings to live comfortably.»

Our starting point has always been that the imposition of the GST should not have an effect on wages because wage - earners will gain more from the accompanying fall in income tax rates than they will lose from the introduction of the GST.

The GST will affect inflation only temporarily, however, and effects on wage earners will be offset by income - tax reductions.

Within the wage share of the economy â $ «which includes everyone from chief executive officers to servers â $ «only the average top -1-per-cent earner saw enough income growth to outpace inflation between 2009 and 2011.

Simply eliminating income taxes for all minimum - wage earners would cost $ 442 million — close to the $ 500 million proposed by Ford.

Ford's proposal to exempt minimum - wage earners from the provincial income tax could provide significant relief to these workers.

Last week, Progressive Conservative Leader Doug Ford proposed eliminating the provincial income tax for minimum wage earners in Ontario.

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

Not many families can live on the income produced by a single minimum - wage earner.

A survey of standing based on income alone would probably place the minister close to the public school teacher and the semiskilled wage earner.

Skelos had a renewed set of talking points on the minimum wage increase today, noting that not only would low - income earners lose their jobs, but would no longer qualify for federal tax credits or social service programs.

• Income Tax Threshold: To protect low - income earners and ensure fairness in our income tax administration, government will review the current income tax thresholds by pegging the tax - free threshold to the current minimumIncome Tax Threshold: To protect low - income earners and ensure fairness in our income tax administration, government will review the current income tax thresholds by pegging the tax - free threshold to the current minimumincome earners and ensure fairness in our income tax administration, government will review the current income tax thresholds by pegging the tax - free threshold to the current minimumincome tax administration, government will review the current income tax thresholds by pegging the tax - free threshold to the current minimumincome tax thresholds by pegging the tax - free threshold to the current minimum wage.

In effect, government will abolish income tax on the incomes of minimum wage earners.

An even higher minimum wage, cancelling cuts to inheritance tax or to income tax for the top fifteen per cent of earners all may make wider political and longer term economic sense.

New York Governor Andrew Cuomo's commission to study tax cuts appears likely to miss the Friday deadline to report its findings by December 6, after controversy over former Governor George Pataki's desire to cut income taxes for all wage earners, including the wealthy.

Oral Questions - Ensuring wage - earners who are below the income tax threshold will benefit from any future increases in the personal allowance - Lord Greaves; Measures to detect and prevent sudden cardiac death - Lord Storey; Number of people employed by the EU Institutions and information on the number of those who pay either no tax, or reduced tax rates, on their remuneration - Lord Flight

Income taxes are lower for earners at all wage levels compared with 2010, according to the state Department of Budget.

This means income tax for minimum wage earners has essentially been abolished.

Low wage earners would pay less than a percent on their income and it would work up to a few percentage points for higher earners, they propose.

But, the other side says, at least one - third of minimum wage earners live in homes where the family income is in the nation's top 50 percent.

Mr Farage also said UKIP would reduce income tax for middle earners, and eliminate it completely for people on the minimum wage.

The tax cut for middle - class wage earners amounts to a fraction of 1 percentage point and will be funded by an increase in the rate for married taxpayers making more than $ 2 million a year and single taxpayers whose yearly income exceeds $ 1 million.

Republicans in the state Senate were ultimately able to secure a sizable tax cut aimed at middle - income earners in the budget alongside the wage measure.

«To say New York City is going to do it out of income tax from its highest wage earners, and say that upstate and central New York can pay for pre-K out of property taxes, he obviously doesn't understand central New York,» DeFrancisco said.

Gov. Andrew Cuomo's commission to study tax cuts has missed its December 6 deadline to report it's findings, after facing controversy over former Gov. George Pataki's desire to cut income taxes for all wage earners, including the wealthy.

In addition to income tax, a wage earner would also have to pay Federal Insurance Contributions Act tax (FICA)(and an equal amount of FICA tax must be paid by the employer):

As one remedy for ringing more revenue out of an increasingly squeezed tax base, Cuomo said he is considering a new employer - paid income tax on wages, a replacement for state income tax that is currently paid by wage earners.

Younger Americans and low - wage income earners also were hesitant to bring up this subject when on a first date.

Just 1 percent of additional income from one year in a room with a great teacher adds up to $ 25,000 over the typical wage earner's lifetime.

Incarceration removes a wage earner from the home, lowering household income.

The loss of income from a primary wage earner can be financially devastating to a family.

While for self - employed borrowers the criterion is the same, there are more options as certain deductions not available to wage earners may not reduce qualifying income while do reduce taxes due.

This income being «sprinkled» across the family can confer a substantial tax advantage to the incorporated consultant compared to a family with a regular wage earner who would have to pay full tax on any money given to other family members.

Chapter 13 bankruptcy is also known as «wage earner» bankruptcy because, in order to file for Chapter 13, you must have a reliable source of income that you can use to repay some portion of your debt.

Life insurance is designed to replace the income generated by a wage - earner and to help cover things like mortgage payments, children's college education and other major expenses over a lifetime.

A chapter 13 bankruptcy is for wage earners who make a reorganization plan of their existing disposable income to fund payments over a 3 or 5 years to pay off all or a part of their unsecured debts.

Maybe a wage earner in your household lost a job, and while your household's income was slammed, you had to triage your expenses and so elected not to make payments on a credit card account.

If your family's finances will be squeezed if either wage earner's income goes away, even temporarily, you're going to feel terribly challenged to make the decision to quit your job and pursue your dream or home school Junior.

Sometimes called the Wage Earner's Bankruptcy, Chapter 13 allows those with enough income to repay all or part of their debts an alternative to liquidation.