Not exact matches
That said, I
still agree that maxing out a 401K for
low income households may not be as realistic as for higher
earners.
-- When changes in the composition of families are taken into account — including fewer adults per household as family sizes decrease — the real after - tax income of middle - class families increased 30 per cent from 1976 to 2010 — on par with other income groups, but
still lower than the top
earners
In fact, mean net incomes actually rise slightly for the
lowest income groups, and are basically maintained for all but the highest -
earners (who
still enjoy sizeable incomes).
But while
low earners are
still less likely to vote Tory than better - off households, our recent work shows that
low earners are the most pessimistic about the future of any group.
Middle - class
earners will
still see their state income tax rates drop to the
lowest level in 70 years.
(Canadian dividends enjoy favourable tax treatment too, but for high - income
earners, capital gains are
still taxed at a
lower rate.)
Whether you are a person with mobility issues or are a
low - income
earner, you
still need to be able to commute daily to your important destinations.
Until that point auto - rickshaw drivers, who are
still low - income
earners, could not afford the conversion cost coupled with the pricey fuel.