Sentences with phrase «of substantial income»

The increase in inequality in both before - tax and after - tax income over the 35 - year period stemmed largely from a significant increase in inequality in market income, mostly because of substantial income growth at the top of the market income distribution.

Not exact matches

The problem, according to the plan's critics, is that financial entities such as private - equity, venture capital and hedge funds are all partnerships whose wealthy partners would see substantial tax savings on large portions of their income unless congressional tax writers find a way to exclude them.

«The parents of the Millennial generation grew up in a feminist world, whether they claimed the label or not,» says Freedman «Women brought in a substantial part of family income and aspirations for women's educations changed... Now I think this current generation could be a breakthrough generation for feminism.»

A bet on the price of oil is not exactly conservative investing, but MLPs are cheaper than they've been in years, and the income they can offer investors is substantial.

«For somebody who hasn't worked their whole life and didn't have a job that had substantial income for most of their life... you need to take every opportunity to make it the best you can,» she said.

«The business needs to be generating substantial amounts of taxable income because that's the benefit,» says Spencer Coates, a CPA in Bowling Green, Kentucky.

The group, which ranked 170 on last year's Fortune Global 500 list, has total assets of about $ 180 billion, and generates substantial operating income.

Although the patches prevented an AMT explosion, the number of taxpayers affected by the AMT continued to grow throughout the decade (figure 1) because (1) the regular income tax was indexed for inflation, but the AMT was not; and (2) Congress enacted substantial cuts to the regular income tax.

No analysis on how systematic wage arbitrage allowed by trade globalization between countries of very different income level within an exchange rate system allowing massive an persistent trade imbalances led to a massive opening up of compensation scales in developed countries, as well as substantial under - employment.

This is a substantial amount of «general tax revenues» that will go to a small group of high - income taxpayers.

First, substantial direct or indirect wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).

Researchers Michael Wolfson, Mike Veall, and Neil Brooks have shown that if you look at the top one percent of the top one percent of earners (which includes only those with incomes over $ 2.6 million in 2012), upwards of 70 per cent of them have substantial ownership of a CCPC.

For fiscal 2015, the substantial majority of adjustments to operating income pursuant to the terms of our annual cash incentive plan consisted of the following items, the first three of which are required by the terms of our incentive plans, and the fourth of which was established by the CNGC at the time goals were set in early fiscal 2015.

He's not alone: a just - released survey of Uber drivers found that 57 % have bought, leased, or made substantial investments in vehicles to drive for Uber, but only 23 % see working for Uber as a stable source of income.

That may seem like a substantial sum of money to save for a distant goal like retirement, but the benefits like a potential federal income tax deduction if you're eligible and tax - deferred or tax - free growth may make saving for retirement seem a little easier.

The International segment reported a loss from continuing operations before income taxes of $ 1.3 million on a US GAAP basis and an underlying pretax loss of $ 1.0 million in the fourth quarter, versus a loss of $ 5.1 million for both measures a year ago, driven by the addition of the Miller brands, volume growth and positive pricing in Latin America and Australia, cost savings in MG&A, and cycling the substantial restructure of our China business in 2015.

That's because the IRS considers forgiven debt to be taxable income so if you borrowed a substantial amount and didn't make much of a dent in the balance, all that money has to be reported when you file.

If one spouse has a lower income and substantial eligible expenses, such as medical bills, or a hefty percentage of itemized deductions like depreciation, it might be advantageous to file separately.

This was the cornerstone of the 1986 deal that allowed substantial simplification of the individual income tax.

Most low - income households do not pay federal income taxes, typically because their incomes are lower than the combination of their allowed standard deduction and their personal and dependent exemptions, or because they receive substantial rebates via refundable tax credits.

Clients with substantial IRA assets would be good candidates, given that their RMDs may represent a noticeable chunk of taxable income.

Targeted clientele include small businesses, unorganized sector enterprises, low - income households, farmers and a substantial migrant workforce, whose members may avail themselves of loans of up to $ 2,000 each.

«Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the pace of the economic recovery.»

Interestingly, while previous research had established that the CPS doesn't fully capture irregular withdrawals from IRAs and DC plans, the authors find that the CPS also seems to miss a substantial share of traditional defined benefit (DB) pension income.

Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).

If you can make it big in the publishing world, you can make a substantial income without much work (except for the actual writing of the book).

Implementing a BAT should bolster the competitiveness of US firms, eliminate the existing incentive to keep profits offshore, and raise the revenue needed to fund a substantial cut in the statutory corporate income tax rate (currently the highest in the Organisation for Economic Co-Operation and Development [OECD]-RRB-.

While it's true that some people don't have to pay taxes on their Social Security income, benefits are taxable if you have, in the words of the Social Security Administration, «other substantial income.»

High - return assets that produce a substantial amount of their return through taxable income, on the other hand, should be primarily held in tax - deferred accounts such as IRAs and 401 (k) s.

Rather, I reached this conclusion: unless we are headed for a substantial decline in the price per barrel of oil, those 4 - 6 % dividends from Conoco, BP, and Shell are a great way to generate substantial income over the course of coming business cycles based on current prices.

He could raise the GST, but the Prime Minister has ruled that out; he could fulfill an election commitment by undertaking a serious simplification of the income tax system, which could yield substantial revenues (about $ 3 to $ 5 billion), but he seems reluctant to do that; or, he could take the easy way out and simply cut his fiscal prudence in half and «miraculously» free up $ 3billion annually for his cabinet colleagues.

Slovakia's problems are not particularly economic — the Bratislava self - governing region is the sixth - wealthiest EU region, with purchasing power parity per capita income more than 180 % of its regional average — and as a member of the eurozone, the country has attracted substantial foreign direct investment, notably into its auto industry.

In his view, their feelings of vulnerability after careers that generated substantial income — his in building trades, hers in personal services — are understandable but unfounded.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

A friend of mine was such a missionary, getting an email from another church that could no longer send him monthly support (it was a substantial amount of his monthly income).

hope today's entertaining service with the hot air balloon helps to inspire other places of worship around the world to think about how they can use their majestic, but underutilised, spaces to raise substantial income each year and attract the next generation of visitors.»

Despite the dramatic inequality in wealth and income, a substantial number of our fellow citizens do not think that financially unregulated campaigns betray political equality, since they believe that the division of money in our society is socially just.

It can now actually become a substantial additional source of income for many processing plants.

«It can now actually become a substantial additional source of income for many factories and processing plants throughout the world, including the food, beverage and agro industry and other primary product processing.»

Studies show that household income for women and children is more likely to drop below the poverty level immediately following a divorce, 13 declining by as much as 50 percent and causing substantial reductions in earnings capability and long - term wealth.14 Compared with children in intact families, children of divorced parents:

The volume of advertising companies place suggests that is not only to promote products (usually with unsubstantiated claims), but provides a cover for channeling funds to the organisation, substantial enough to make it dependent on the income.

In Japan, a system of lifetime employment in many big businesses, a tradition of employer provided benefits such as housing in many cases, and a wage system in those kinds of businesses where workers receive a substantial share of their annual income in the form of an annual bonus whose size can be used to buffer good and bad years for a company sharing risks and rewards with workers instead of limiting the risks and rewards to an investor class, have contributed to low levels of income inequality in the Japanese economy relative to comparably developed countries with comparable levels of government spending on welfare state type programs in other countries.

Mr. Bharara, who said he had been investigating Mr. Silver's substantial outside income since June of 2013, explained that the investigation leading to Mr. Silver's arrest stemmed from an anti-corruption commission Mr. Cuomo launched and prematurely shuttered

The revised scheme hits the rich hardest, but also requires a substantial increase in the basic rate of tax to 30 %, as well as lifting national insurance to 12 % of all income.

It's worth pointing out that a substantial minority of Lib Dems are very keen on ideas such as Land Value Tax which would directly address many of the problems arising from asset inequality, in particular the fact that land owners can often make substantial gains in wealth as a result of public works funded out of the income and consumption taxes paid by those of substantially less wealth than themselves.

Think of a substantial amount of migration taking place within a larger country with significant differences in income levels in different parts of the country, but a still federal but somewhat homogenized legal system.

Notwithstanding the perceived negative effects of small scale mining, it offers substantial incomes, ancillary jobs and livelihoods to many across these five regions.

Opinion polling regularly shows that a substantial percentage — 73 per cent of people in 2004 — considers the gap between those with high and those with low incomes to be too large.29

«Restricting the devolution to rates and thresholds, while keeping powers over tax reliefs and definitions of income at Westminster, will transfer substantial budgetary powers while maintaining a common tax base across the UK.

«In truth and in fact, Silver has obtained millions of dollars in outside income as a direct result of his corrupt use of his official position to obtain attorney referral fees for himself, including from clients with substantial business before the State, and not as a result of legitimate outside income Silver earned as a private lawyer,» the complaint reads.