Not exact matches
On the tax bill specifically, Democrats want to highlight the disparities
between individual cuts for
middle income Americans and for corporations and high
earners.
The other major pillar of the reform is the cuts that have been enacted for individual
income earners, with
middle - class taxpayers earning
between $ 19,050 and $ 77,400 per year receiving a cut in tax from 15 to 12 percent.
On one side, she pointed to the growing gulf
between the rich and poor, and stagnant wages for
middle and lower -
income earners.
So, this reduction in the
middle -
income tax bracket could actually mean more to a person earning $ 100,000 than to somebody earning $ 50,000, since the tax reduction applies to roughly $ 45,000 of the $ 100,000 per year
earner (the portion
between $ 45,000 and $ 90,000), while this new tax cut applies to only $ 5,000 of
income for the person who earns $ 50,000 per year.
Our friends at Canadian Business have done the math and suggest 25 times your current annual spending (or
between $ 325,000 and $ 675,000 for the average single
middle -
income earner) should cut it.
Despite some criticism in this area, the PBO says the lion's share of the tax savings have gone to low
middle income earners — households with
incomes between $ 12,200 and $ 23,000.
The Liberals have pledged to raise taxes for Canada's richest
earners and give to the
middle class by lowering the current federal tax rate on
incomes between $ 44,701 and $ 89,401 from 22 % to 20.5 %.
The government recently announced a fund of e100 million for energy upgrading Irish houses in 2009, to be divided equally
between low
income and
middle income earners.
In order for South Africa's cities to truly become inclusive, integrated and transformed, affordable housing in urban areas needs to not only cater for lower -
income earners, but must also incorporate the
middle income market (earning
between R15, 000 to R45, 000), who are also unable to afford to live in well - located urban areas.