Sentences with phrase «more of the middle class»

Wealthy families first seek to protect their legacy through education, and I'm not talking about that expensive Ivy League education... I believe that may be more of a middle class philosophy.

This will support phase two of the housing recovery, as more of the middle class can qualify for home loans.

Not exact matches

There's the hollowing out of domestic manufacturing economies and the middle class they supported; ethno - nationalist backlash to the forces of globalization; sprawling culture wars over «identity politics» and far more.

But some argue that making poorer areas more appealing to the middle classes has an undercurrent of racism.

In other words, more than 300 million middle - class consumers with rising disposable incomes are propelling the consumption of China.

In an analysis of the changing shape of the American middle class, Pew Research Center divided the population into three groups: Lower - income Americans made less than 2/3 of the median household income, middle - income households had incomes between 2/3 and 200 % of the median, and upper - income households had income more than twice the median income.

So far, those concerns have had much less impact on sales in emerging markets, where entrance to the middle class includes consumption of higher - calorie, higher - fat food products that are only available with more disposable income.

One independent analysis, though, estimated the GOP framework could actually increase taxes on more than a quarter of middle - class Americans over time.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

Affordable long - term care coverage could fairly be characterized as a solidly middle - class concern: Poorer seniors can generally qualify for Medicaid, and the more affluent can generally afford to pay for nursing - care expenses out of their savings.

The addition of more «upscale» merchandise demonstrates the changes that the discount retailer has been forced to grapple with as the number of potential middle - class customers plummets.

Mexico's middle class now boasts more than 40 million people, surpassing the total population of Canada.

Amazon's moves should help Whole Foods, long derided as «Whole Paycheck» for its high prices, to woo customers beyond its upper middle class clientele, as well as counter the discount chains such as Walmart and even Aldi as they vie for more of the organic and natural foods markets.

Some forecasts predict that growth of new solar installations globally will decline to the single digits, due to market saturation in the U.S. and China, but will surge ahead again by 2019 as more markets (such as the middle and lower class) open up as technology becomes more affordable.

By 1919, the self - taught pioneer with an eighth - grade education was producing more than half the cars in the U.S.. By lowering the cost of the automobile — eventually to $ 350 — he made cars part of the fabric of middle class America.

«Chinese companies are still trying to answer the question of «How are we going to satisfy the demands of the growing Chinese middle class when they want more consumer names and products that are coming from the West?»»

FiveThirtyEight pointed out that the number of people who thought tax cuts enacted under Presidents Ronald Reagan and George W. Bush would help the rich more than the middle class increased after those plans passed.

This population will increasingly live in urban areas and have a rising middle class, both of which mean more meat consumption.

«We welcome any opportunity to work with lawmakers and regulators who want to learn more about how home sharing helps the middle class address the issue of economic inequality.»

Beginning next year, the mandate to carry insurance will no longer be the law of the land, which may lead to more middle class Obamacare dropouts.

Charles Sizemore, the Dallas - based author of the Sizemore Investment Letter, says that as Asian populations acquire middle - class, North American tastes, they're starting to buy more expensive cigarette and alcohol brands.

What's more, the middle class in Asia doesn't just have increasing amounts of disposable income, but also time, education and access to information.

China's rising wages may be making production more expensive, but decades of supplying the West with manufactured goods has also nurtured a Chinese middle class that wants to buy those baubles for itself.

The addition of more «upscale» merchandise demonstrates the changes that the discount retailer has been forced to make as the number of potential middle - class customers plummets.

And in a country of more than 150 million people, even a proportionally small middle class like Bangladesh's can be quite large in terms of absolute numbers and buying power.

This shift also underpins a more vibrant middle class that is an increasing source of strength.

Democrats call the Republican proposal a giveaway to corporations at the expense of the middle class, issuing dire warnings about the $ 1 trillion or more it is projected to add to federal budget deficits over a decade.

During a time of rising income inequality, the American left is increasingly invoking Scandinavian countries as models for how to maintain the economic growth that capitalist competition allows, while achieving more security and stability for the middle and lower classes.

At a time when more and more people are slipping out of the middle class into poverty, more people are becoming rich.

McKinsey has predicted that more than half of China's urban households will be in the upper middle class by 2020, compared to 14 % in 2012.

«We are seeing that our focus on the middle class, by putting more money in the pockets of hard working families, and giving less advantages to the wealthiest, is growing the economy,» Trudeau said, as he also attempted to distract the media horde from his finance minister's loose interpretation of what constitutes a conflict of interest.

First among these drivers is the growing number of upper middle class and affluent households, or those with more than $ 24,000 and $ 46,000 in annual disposable income, respectively.

And where others see little regard for Main Street, Obama sees a focus on how the government can do more to bolster the economic prospects of poor - and middle - class Americans, and someone who would carry those concerns to the Fed, which has vast powers over interest rates and the financial system.

All told, though, the plan is, like its House counterpart, a proposal to dramatically slash corporate tax rates, open up a big new loophole for wealthy individuals, and pay for the cuts by dramatically expanding the national debt and ending a number of tax deductions that could leave a substantial share of middle - and upper - middle - class people paying more.

The longer Europe refuses to debate honestly about debt and the euro, and the the longer it suffers from stagnation and unemployment, the more credible the Front National becomes in denouncing centrist parties for sacrificing workers and the middle class to protect the interest of bankers.

The Guardian's US millennials feel more working class than any other generation covers data from the General Social Survey showing that the number of millennials (born 1980 to 2000) who consider themselves middle class has fallen from 45.6 % in 2002 to 34.8 % in 2014.

And by doing that, we'll be able to help push the conversation towards a new, more modern understanding of America's middle class challenges — and spur fresh ideas for a new era.

Bill Robson, president of the C.D. Howe Institute, a public policy think - tank, said one of the greatest challenges for the middle class is saving more for retirement at the same time wages aren't growing nearly as fast and household debt piles up.

If so, what will happen if growth drops more sharply than Xi and Premier Li Keqiang plan and if the aspirations of the second generation of the middle class reach beyond money?

«At the time, people looked at our plan for more generous and means - tested child benefits, tax increases for the rich and tax cuts for the middle class as a bit of a curiosity,» he said, according to a copy of his remarks.

But a growing number of nonpartisan analyses show that some middle - class Americans would not get more money in their pockets under the GOP plan.

More than 60 countries have now successfully negotiated what is known as Approved Destination Status (ADS) from Beijing, putting them on the list of group travel destinations for the increasingly affluent Chinese middle class.

While a change on Monday restored a $ 3.2 billion middle - class provision allowing those enrolled in employer - sponsored dependent - care savings plans to deduct up to $ 5,000 from their taxes, a revision on Friday rolled back individual tax cuts by nearly $ 82 billion by indexing individual tax parameters to a different measure of inflation that tends to grow more slowly.

By contrast to the so called middle - class tax cut which favours the more affluent, the CCB will have a positive impact upon the lamentably high rate of child poverty in Canada (which stood at 16.5 % in 2013), and will promote greater income equality among families with children.

In turn, this can make it easier for advisors to deliver a fiduciary level of service to more middle - class Americans.

We also have done the kinds of things in terms of putting more money in the pockets of the middle class that make a difference.

The net result was that 81 per cent of middle - class taxpayers saw their taxes rise, and on average pay $ 840 more annually.

There was a one week period in mid-july, coinciding perfectly with the peak of the Shanghai Composite, that middle class Chinese people opened up more than half a million brokerage accounts.

In the three decades after World War II, when the incomes of the rich grew more slowly than those of the middle class, the top marginal rate ranged from 70 to 91 percent.

But middle class families could feel more of a pinch if their children have portfolios generating significant income — from, say, an inherited individual retirement account.