Sentences with phrase «of upper income»

While his promise to cut taxes, mostly to the benefit of upper income earners, will probably lead to a short - term boost in U.S. GDP growth, it also threatens to leave a significant shortfall in federal tax revenue down the road — as much as $ 6.2 trillion over the next decade.

It was about dope use and was a bit of a criticism of upper income suburban Australian life.

The least you could do is be clear to your readers that the recomendations you are making are geared towards a small minority of upper income earners.

This weak expansion, coinciding with George W. Bush's implementation of an upper income tax cut, suggests that Trump's personal income tax cut is unlikely to stimulate the rate of growth Mulvaney claims.

Not exact matches

The report from the nonpartisan Tax Policy Center (TPC) found that while Americans at all income levels would, on average, get a tax cut form the final version of the tax bill, the benefit would be skewed towards people at the upper range of income earners.

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.

Lunapads was already producing a line of reusable, sustainable menstrual pads made of soft, quick - drying fleece, targeted to middle - and upper - income women seeking to keep mountains of pads and tampons out of landfills.

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.

But for most middle - and even upper - middle - income earners, the prospect of making one's savings stretch into what seems like an endless retirement is a daunting one, increasing the uncertainty around how to invest, how to pay for medical care, and whether you can leave a legacy behind for the kids or your community.

But as these middle and upper classes have a lot of expendable, disposable income, they are turning to golf just as a friendly pursuit,» Dreyer said.

Recent studies indicate that while spending patterns shift in retirement, the overall trend in real dollars is down, and for the majority of retirees in the middle and upper income quintiles, they may find themselves with income that exceeds their spending.

But the policy issue boils down to this: CCPC owners can defer paying taxes on far more income, passively invested by their small businesses, than the upper limit of about $ 26,000 a year in RRSP contributions allowed for salary - earning taxpayers.

Buying a property with an income suite may have an edge over the fixer - upper in the event the tail risk of a housing crash materializes.

With only the two upper quintiles of American households seeing any kind of meaningful income growth, and the bottom three quintiles still feeling the lingering effects of the recession, the holiday spending landscape has likely become bifurcated.

But while there is a lot we don't know, we can identify a group of taxpayers likely to face tax increases from this proposal: people with moderate to upper - moderate incomes who take itemized deductions, like those for mortgage interest and state and local taxes paid.

After calculating their regular income tax, many middle - and upper - income taxpayers must add a number of AMT «preference items» to their taxable income, subtract an AMT exemption amount, and recalculate their tax using the AMT tax rate structure.

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.

On the upper bound, with the personal capital data, we could probably estimate where a typical mass affluent person hits the cross-over point where the snowball of passive income creates an ever increasing pile of dough.

Itemized deductions: The TCJA wipes out several itemized deductions and modifies others in conjunction with the repeal of the «Pease rule» reducing deductions for upper - income taxpayers.

With the wealthiest Americans better positioned to take advantage of the gains, the wealth of upper - income households in 2013 rose to 6.5 times greater than that of middle - income households, up from 4.5 times in 2007, according to the Pew Research Center.

It is worth noting that the B.C. government's gimmick of limiting the upper - income tax increase to two years, while perhaps making the move more politically palatable for its base, is bad public policy.

The rising share of adults in the lower - and upper - income tiers is at the farthest points of the income distribution, distant from the vicinity of the middle.

The losses were so large that only upper - income families realized notable gains in wealth over the span of 30 years from 1983 to 2013 (the period for which data on wealth are available).11

In addition, many upper - middle - income taxpayers who face the Alternative Minimum Tax — a higher tax than their regular income tax — will not be able to claim deductions that may be allowed on a regular tax return, according to tax analyst Mark Luscombe of CCH, part of Wolters Kluwer.

Although some people believe economic status is overrated; many people want to know how much income you need to be considered part of the upper class.

And as we have all seen time and time again, it's what you do with the million that determines if you will truly be a part of those considered to have an upper class income.

As a result of this multifaceted piece of legislation, most of the tax - related benefits associated with mortgage interest deductions will be concentrated within the upper - income brackets.

Additionally, Trump kept open the option of raising taxes on upper - income earners.

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 I choose to take 4 % of the portfolio value each year as income (no adjustments for inflation) then the fund never falls to zero (I modelled it for 40 years) and the upper and lower final values (after 40 years) fall within «reasonable» limits.

There is quite a strong argument that in spite of its deployment as a form of monetary inflation QE was empirically deflationary via numerous channels: by encouraging cash hoarding by savers in the absence of adequate income; by skewing wealth and income towards those most likely to hoard it; by an inter-temporal Ricardian equivalence; in your own Austrian terms by driving excess investment to the upper reaches of the production structure, creating excess capacity and malinvestment; by skewing the incentives of company directors towards short - term speculation; by perpetuating the survival of zombie entities; by encouraging investment in unproductive assets.

Found buried on the 150th page of the 214 page, $ 3.9 trillion budget, was this key sentence: «In addition, the budget proposes to eliminate aggressive Social Security - claiming strategies, which allow upper - income beneficiaries to manipulate the timing of collection of Social Security benefits in order to maximize delayed retirement credits.»

But things are going to get more painful for the upper middle class in 2018 with the proposed elimination of state income taxes, capping mortgage interest deduction, and limiting property tax deduction to $ 10,000.

A: If you look at consumer spending patterns, you'll see lower income people tend to spend a higher proportion of their income on consumer goods, so a consumption tax cut benefits them disproportionately compared to upper income people.

As CNN has it, «The median upper - income family (those who make more than $ 127,600) now holds 75 times the wealth of the median low - income family (those who make less than $ 42,500), according to an analysis of the data by the Pew Research Center.»

It seems that, during the economic boom preceeding the bust, more than a handful of Irish people, like many noveau riche upper middleclass Americans, began spending some of their disposable incomes on imported exotic reptiles.

Those families with incomes of $ 15,000 or more are in the upper half of the population of this country as far as money is concerned.

Roughly, the upper 5 % of the families have 20 % of the income, while the poorest 20 % get 5 %.

Hewitt is expecting these «crucial commitments» from a candidate who promised gargantuan upper - income tax cuts during the Republican primary, then said he wasn't necessarily a huge fan of his own tax cut proposal, and then engaged in nonsensical double - talk about whether taxes would go up or down on high - earners.

I am guessing maybe you are one of these successful small business owners, You are in the middle to upper income bracket.

The upper income, well educated Catholic lay - men are much less receptive to clerical guidance as to the practical social implications of moral and religious laws of the church than are the lower income, more poorly educated Catholics.

However, if the vulgar incomes of the richest Americans result from relaxed social norms rather than from productive forces inherent in the market economy, as Krugman surmises, then social and political changes, such as those advocated by Hollenbach and Hicks, can extend the structure of accountability to these upper echelons of the income scale.

Burger 21 is targeting locations in major markets throughout most of the U.S. — specifically end - caps, inline and free - standing buildings with high - traffic, high - visibility in mid - to upper - income areas.

And while the Science authors found instruction to be basic and repetitive even in American schools with a mostly middle - class or upper - middle - class student population, they found that the situation was considerably worse in schools that enrolled a lot of low - income children.

The researchers set out to look at the relationship between homework load and student well - being in the upper middle class advantaged communities (where median household income is more than $ 90,000, and 93 percent of students go to college) because it is there that homework is largely accepted as having value.

«Long gone are the days when the majority of middle - and upper - income women stayed home to raise families full time,» the authors wrote.

All of the women in the study were classified as having middle - to upper - class financial income levels, having supportive partners, and in the care of obstetricians.

The numbers of trials include one (Tylleskar 2011a; Tylleskar 2011b; Tylleskar 2011c) that was conducted in three countries; two low - income and one upper - middle income countries.

The 73 trials that contributed data to the analyses were conducted in 29 countries; 52 studies (62.1 % of participants) in high - income countries, 15 (30.1 % of participants) in upper - middle income countries, four (3.4 % of participants) in lower - middle income countries, and four (4.4 % of participants) in low - income countries.

Likewise, if you apply too many demographic criteria (upper - income women in Texas Congressional District 5 who are aged 30 - 45, with children, are registered Republicans but who haven't voted in the past two elections), you can end up with target universes that are too small to be useful, a great example of diminishing marginal returns.