Sentences with phrase «means low earners»

Not exact matches

Possible reforms could include raising the full retirement age for Social Security to 70 for workers who are currently under age 40; cutting benefits; increasing payroll taxes on workers; increasing Medicare premiums; and making Social Security benefits more progressive — meaning cutting benefits for high - income workers, while preserving payouts for low - income earners.

In fact, mean net incomes actually rise slightly for the lowest income groups, and are basically maintained for all but the highest - earners (who still enjoy sizeable incomes).

Meagre take - up rates of funded schemes, especially among low earners and small businesses, mean that these alternatives fail to compensate for the retrenchment in public pensions.

And the shortened school week poses a hardship for two - earner households and low - income families without the time or means to arrange study halls, field trips, and online coursework.

The government wanted OAS to be self - funding but without a means test (based on what you own, not what you earn) they weren't able to collect premiums from low income earners.

That means that all of the interest and capital gains from those investments will be taxed at the lower tax rate of the lower - income earner.

I think part of why the government is so eager to crank minimum wage isn't only socialist ideology and desire to buy votes, it also pushes more Canadian wages into a taxable range, or even higher tax brackets, and low - income earners are unlikely to use tax - avoidance strategies (which means guaranteed additional income for the government.)

Whether you are low or top income earner, there is nothing bad in saving costs whenever it is practicable, Buying life insurance does not mean that you should just pay whatever rates that insurance companies throw at you.

The proposal will mean that as a high - income earner I will get more benefit than any wife a low - income earner.

«For higher earners it means lower taxes,» says Jacks.

«For lower earners, it could mean higher refundable tax credits.»

Such is the demand that law lecturer remuneration soars above the # 140,000 salary paid by Kirkland & Ellis to its newly qualified solicitors (even if the new 90 % top earner tax rate means the take - home amount is considerably lower).

By taking into account the full earnings distribution, the mean takes into account the low and high earners in an organisation — this is particularly useful as women are often over-represented at the low earning extreme and men are over-represented at the high earning extreme.

This means that if the spouse who is the lower earner can not support themselves, the judge will award them alimony, even if they were the one who committed the adultery and were the one to initiate the divorce.