Clinton charged that the bill would squander the federal government's budget surplus, mainly for the benefit
of wealthy households.
But don't forget that this figure is lifted upward by a small number
of wealthy households.
That's what the folks at FindTheBest, an online - research engine, found when they used recent census data to rank the 34 American cities with populations of 500,000 or more based on their percentages
of wealthy households (defined as those with an annual income of $ 150,000 or above).
In terms of its effect on current household resources, such a tax cut increases the after - tax income of the poor household by only 0.005 percent while increasing after - tax income
of the wealthy household by 5 percent.
Some of the wealthiest households are among those customers who make larger purchases of pet products.
Not exact matches
However, according to NYU economist Edward Wolff, the
wealthiest 1 %
of households own 38 %
of all shares
of stock.
The very
wealthiest Americans earned more than 19 percent
of the country's
household income last year — their biggest share since 1928, the year before the stock market crash.
But multiple analyses
of the proposals Trump has put out thus far have found that they would result in much larger tax cuts for the
wealthiest households than for the middle class.
Four out
of the top five cities are Pacific Ocean adjacent — San Francisco, San Jose, Seattle and San Diego — and in each
of these metropolises, more than 14 percent
of households are categorized as «
wealthy.»
In both cities, which are clearly benefiting from Silicon Valley's tech explosion, more than 20 percent
of households qualify as
wealthy.
The report is the latest research underlining the idea that the
wealthiest households in the world are increasingly capturing a larger share
of global wealth.
To see how you stack up against the
wealthiest of the
wealthy, The New York Times created an interactive tool that allows you to enter your
household income and compare your earnings across 344 zones throughout the US.
Although Bill Gates, the richest man in the U.S., resides in Washington state, California has more than its fair share
of wealthy and millionaire
households.
And with 80 percent
of America's
wealthiest households already paying for the service, according to Recode, Amazon has started offering discounts for those on government assistance.
At first, ordinary and poor
households are worse off and
wealthy households are better off, in other words, but as the benefits
of higher investment are realized, wealth trickles down to ordinary and poor
households so all are better off.
While more than half
of U.S.
households with internet have Prime, the program is particularly popular with
wealthier consumers.
If these apartments were actually occupied, in other words, Chinese
households would feel
wealthier by between $ 1.5 to $ 3 trillion dollars, or roughly 12 - 25 %
of GDP.
This group
of super spenders is expected to see its population double over the next five years to 100 million
households, and as an economic force they are poised to eclipse the impact
of rising but less -
wealthy consumers: Their consumption is currently growing at 17 percent a year, compared to just 5 percent among emerging - middle - class and middle - class consumers.
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.
Most
households didn't participate, as the vast majority
of stock is held by the
wealthy.
It has proven very difficult to bring the savings rate down because this can only happen by diverting resources away from
wealthy and powerful groups and families in favor
of ordinary
households.
«The
wealthiest one - half percent
of U.S.
households,» Fleming said, «now own 42 percent
of all municipal bonds, as compared to ownership
of 24 percent in 1989.»
The Census Bureau reports that the area's
wealthiest ZIP code, 78730, has an average
household income
of $ 134,080.
* The 2012 Bank
of America Study
of High Net Worth Philanthropy: Issues driving charitable activities among
wealthy households, Bank
of America and The Center on Philanthropy at Indiana University, November 2012.
In fact, 83 %
of U.S. teens from
wealthy households are now active on the platform.
The backlash against the private sector is hardly surprising: when financial institutions broke down following the collapse
of Lehman Brothers in 2007, the costs fell not on
wealthy financiers but society as a whole in an era when middle income
households were suffering an unprecedented squeeze.
Figures from WAS data for 2008 - 10 show that the distribution
of household wealth is highly skewed towards the
wealthiest 10 percent
of households, who owned 44 percent
of all
household wealth in 2008 - 10, equivalent to # 4.5 trillion.
His claim that he's just a normal «middle - class guy» from Queens was blasted by Citizen Action New York, which said the governor's idea
of what a middle class person is «would explain why he's consistently given tax cuts to the
wealthiest households in New York — like his own — while neglecting the true middle and working class families
of our state.»
«The amount gambled is controlled in all
households, including the
wealthier ones, and this situation especially affects the lower - middle classes and immigrants,» comments one
of the authors
of the study, José Antonio Gómez Yañez, a professor in UC3M's Political Science and Sociology Department.
The district also includes students from both low - income and
wealthy households and also is one
of the nation's most desegregated systems, a product
of a 1970s court - order merging
of city and suburban districts to further desegregation.
The
wealthiest 1 percent
of U.S.
households now take home more than 20 percent
of all
household income, more than double their roughly 10 percent share around 1980.
Women with annual
household income
of less than $ 40,000 were only about 40 percent as likely as women from
wealthier households to follow through with a doctor's recommendation to start hormonal therapy.
The study by King's, UCL and Universiti Teknologi MARA (Malaysia) found that
wealthier, urban and larger
households and more economically developed countries had higher odds
of facing CDHE.
The number
of people in Bangladesh dying from chronic diseases such as cancer, diabetes and hypertension — long considered diseases
of the
wealthy because the poor didn't tend to live long enough to develop them — increased dramatically among the nation's poorest
households over a 24 - year period, suggests new research from the Johns Hopkins Bloomberg School
of Public Health
Picture Tree is also screening «Playmaker,» the Timon Modersohn drama about a former soccer player lured into the world
of sports - betting and match - fixing, starring Frederick Lau («Victoria») and Antje Traue («Man
of Steel»); and «Outmastered,» Oskar Roehler's dark comedy about a
wealthy couple who welcome a slave into their
household only to see chaos soon ensue.
The city has a median family income
of $ 102,611 as
of 2000, which places it among the top 100
wealthiest places in the United States with at least 1,000
households.
Meanwhile 47 percent
of eighth - graders from middle class and
wealthier households read at the highest levels in 2015.
Calvert County, a growing exurb south
of Washington, D.C., has a median
household income
of $ 87,449, placing it amongst the top 20
wealthiest U.S. counties.
In the case
of Pine Lake, the money comes from
wealthier households or private foundations, which begs questions about whether the model can work in every community and whether it can ever be independent from the exclusive desires
of the rich.
According to analysis from the Wisconsin Budget Project, the top 1 percent
of state residents receive a larger share
of the cuts than the bottom 60 percent
of households combined.19 These tax cuts certainly helped the rich — the
wealthiest 1 percent
of Wisconsinites received an average tax cut
of $ 10,015.20 Gov. Walker has boasted that the state's tax cuts will soon total more than $ 8 billion and that as a result, Wisconsin «continue [s] to see dramatic economic growth.»
Many vouchers also are going to
wealthier families, those earning up to $ 90,000 for a
household of four.
Mazda 6 buyers are more likely to be men (69 % vs. 61 % for the midsize car segment), younger in terms
of median age (48 years old vs. 54 years old), and
wealthier in terms
of median
household income ($ 97,361 vs. $ 86,876).
The Chicago Tribune reports that the American Affluence Research Center took a poll among the
wealthiest 10 percent
of Americans and found that among the 11 million
households representing about half
of all consumer income in this country, plans to reduce spending will mean a softness in the sale
of new motor vehicles in the next 12 months.
In 1911, 14 - year - old Joan is taken into the
household of a
wealthy Jewish family as a hired girl.
Representing herself as 18, she is taken into the
household of a
wealthy Jewish family as a hired girl.
Eighteen - year - old Petronella «Nella» Oortman is the shy new bride
of an enigmatic and
wealthy merchant, Johannes Brandt, but too often she finds herself alone in her new, unfriendly
household.
In 1911, 14 - year - old Joan clashes with her father and flees to Baltimore, where she becomes a hired girl in the
household of a
wealthy Jewish family.
According to Oxfam, «Brazil is one
of the most unequal nations in the world, although it is one
of the
wealthiest... The country's high income concentration is revealed in figures: the richest one per cent
of the population - less than 2 million people — have 13 %
of all
household income.
(N.B. the median is different than the average
household income
of $ 63,784, which is pulled higher by the country's
wealthy outliers).
The
wealthiest 20 %
of households account for about 43 %
of all income earned, while the poorest 20 % take in a measly 4 %.