Sentences with phrase «raising taxes on high earners»

He has promised to expand pre-kindergarten and after - school programs by raising taxes on high earners.

«We've done that several years ago and by the way the same time we raised the taxes on the high earners, we lowered it for middle income earners.»

De Blasio, and some his Democratic supporters in the State Senate, maintain the city should have the autonomy to raise taxes on its highest earners, as part of the mayor's broader plan to fund universal pre-K, and that the city should also have the authority to raise the minimum wage for city workers.

McDonald again took the opportunity to slam some Democratic candidates» call to raise taxes on high earners, touting his experience in helping the homeless in New York City by leading them to find work.

Not exact matches

Possible reforms could include raising the full retirement age for Social Security to 70 for workers who are currently under age 40; cutting benefits; increasing payroll taxes on workers; increasing Medicare premiums; and making Social Security benefits more progressive — meaning cutting benefits for high - income workers, while preserving payouts for low - income earners.

The plan would raise the effective tax rates on higher earners who don't have minor children, but the top marginal income tax rate would go down to thirty - five percent from today's 39.

That tax plan does raise income taxes on some classes of high earners.

Last year, Cuomo resisted de Blasio's push to allow New York City to raise taxes on high - income earners in order to fund a city - wide pre-Kindergarten program (In the end, Cuomo funded a statewide version without a surcharge).

As for raising marginal tax rates on high earners any further it won't work.

The emphasis on taxes was conspicuously out of sync with some of the very people whose support Cuomo went out of his way to tout, including de Blasio, who was elected last year on a promise to raise taxes on the city's highest earners.

Many legislative Democrats, seeking to block Gov. Cuomo's efforts to cut spending to close a projected $ 10 billion deficit, have hoped the «millionaires tax» on high earners, which expires Dec. 31, would be renewed to raise more than $ 1 billion in the new fiscal year.

Senate Republicans bowed to the idea as a revenue - raising move, though they beat back an attempt by Assembly Democrats to boost the tax rates even higher on high - income earners.

But he wants a guarantee that revenue would fund public transportation, and he said higher income taxes on wealthy earners might be a better way to raise the money.

The mayor's top priority is convincing state legislators to allow the city to raise taxes on high - income earners, to pay for expanded pre-K and after - school programs.

Like Meng, he favors raising the cap on taxes for high earners.

She does not support raising the cap on Social Security taxes for high earners, calling it «a tax on the middle class» and «a bad plan.»

Instead, he said he favors higher taxes on high earners as a way to raise money for upgrades and repairs.

Like Pelletier, Farrell favors raising taxes on the state's highest earners.

And with the state facing a potential $ 4.4 billion budget deficit, the Assembly seeks to raise revenue by hiking taxes on those making at least $ 5 million by adding three new high - earner brackets.

Democrats who dominate the state Assembly are expected to argue, as Deutsch did, for raising taxes on the wealthy and perhaps creating new brackets to capture higher income earners.

A few hours after Governor Andrew Cuomo announced a new bipartisan tax - cutting commission yesterday, Bill de Blasio told reporters he doesn't have any contingency plan for his signature proposal to raise taxes on the city's highest earners.

Dicker, who is for broad gun rights and low taxes, has criticized Cuomo in the past, like when the governor rejiggered the state's tax codes and effectively raised the permanent tax rate on high - income earners.

«This tax on high - income earners is an effective and fair way to raise the revenue we need,» he testified.

The mayor noted that he had not raised taxes to balance the budget, including on the city's highest income earners.

If Treasury research shows that the 50p rate really is not raising any money, then it should be replaced by a substitute tax on high earners.

The candidates also discussed the question of whether to raise taxes on high - income earners, the best means to create jobs in the city and how they would respond to a citywide emergency as mayor.

He complained about Democratic frontrunner Bill de Blasio's call to raise taxes on high - income earners when he «knows he can't do it.»

The mayor reportedly did not mention the issue when he traveled to Albany to testify on the governor's budget proposal in January, weeks after taking office, instead dedicating his remarks to pressing lawmakers to approve his signature proposal to raise taxes on the city's highest income - earners to fund universal pre-K and after - school programs.

As a result, the Obama administration has proposed increasing «mandatory spending,» which designates money generated by selling federal assets or raising taxes (such as a proposed $ 10 fee per barrel of oil sold and increasing taxes on higher - income earners) to pay for specific programs.

The CFT's progressive approach, which has Gov. Jerry Brown's support, would slightly raise income taxes on the state's highest earners and temporarily increase the sales tax by one - quarter of 1 percent.

Instead of raising income taxes on high - income earners, the federal government could explore other progressive, but less economically damaging, ways of raising revenues, it said.

Closer to home, a group of Canadian doctors is calling on all levels of government to raise income taxes on high - income earners.