Sentences with phrase «middle income families spend»

Mr. Sarlo said daycare is not a necessity for all families and Statistics Canada data from 2009 indicates more than 50 % of middle income families spend nothing on daycare.

Not exact matches

Today, with growth prospects still very uncertain and interest rates too low to be of use, a temporary VAT cut now is still the right prescription before extra capital spending can come on stream — although any immediate tax cut which helps middle and lower income families is better than nothing.

«The bill's $ 5.5 trillion in spending cuts focus mostly on Republican's favorite targets, programs crucial to low - income families and the middle class: health care programs, funding for higher education, assistance for the families that need it the most, and infrastructure investment.

Low - income families have less money and time to spend on extracurricular enrichment than middle - income peers, and the research has documented a dramatic gap.

Beginning in the 2016 — 17 academic year, the legislature loosened the household income requirements to include more middle - income families, and students are no longer required to spend their prior year in public school before participating in the program.

Because of their lower income than other black middle class families, they do not have the extra money to spend on private school if they wish to maintain a middle class life style (Lacy, 2007).

In 1960, the first year the report was issued, a middle - income family could spend about $ 25,230, equivalent to $ 198,560 in 2013 dollars, to raise a child until the age of 18.

The option would increase the financial burden on families with postsecondary students — particularly middle - income families who do not qualify for current federal spending programs.

Macdonald says it wouldn't help the middle class either, since the top third of Canada's richest families would receive $ 3 of every $ 4 spent on income splitting.

Middle - income families spend about 30 percent of their total child - rearing costs on living quarters, making housing the single largest expenditure when it comes to raising a child, according to the USDA.