Sentences with phrase «progressive tax schedule»

Not exact matches

The two sides of what will likely be an overarching debate during the 2018 legislative session were on display yesterday with progressives calling for an increased millionaires» tax and conservatives saying that existing taxes should be phased out as scheduled to prevent a further exodus of Empire State residents.

I know that for U.S. Federal Personal Income Tax, the schedule is progressive, so for a single person filing for $ 60,000 (in 2011 for this example), the first $ 34,500 is taxed at 15 % and then the rest is taxed at 25 %.

I know that for U.S. Federal Personal Income Tax, the schedule is progressive, so for a single person filing for $ 60,000 (in 2011 for this example), the first $ 34,500 is taxed at 15 % and then the rest...

A more progressive formulation of RCI would even be more consistent with the «tax schedules» by which the income tax codes of most countries are structured.