Sentences with phrase «to raise taxes on the rich»

He says he and legislative leaders have agreed to once again temporarily raise taxes on the rich, with a new higher tax bracket for those making over $ 2 million dollars a year.

But the issue of raising taxes on the rich is most controversial in the U.S., where supply - side economics has over 30 years achieved the status of economic gospel, at least on the right of the political spectrum.

But Cuomo is «broke» because he refuses to raise taxes on the rich in New York State, where the average income of the top 1 percent is 45 times the average income of the bottom 99 percent.

In a carefully worded statement, the spokesman emphasized his past work with Cuomo and his longstanding commitment to pre-Kindergarten, which de Blasio hopes to expand by raising taxes on the rich.

State Sen. John DeFrancisco speaks against raising taxes on the rich during the Campbell Debates at the Everson Museum auditorium Wednesday night.

There is one item about which, Andrew Cuomo is not bound to switch, To the right, fiscally, You can be sure that he Will not raise taxes on the Rich!

Speaking on BBC Radio 4's Today programme, Jenkin added: «I know this isn't a very fashionable view but if you go on raising taxes on rich people — and that's why we had to cut and why Nick Clegg agreed to cut the top rate of tax from 50p to 45p — you drive wealth abroad.»

Mr. Cuomo has frustrated many liberal Democrats with his refusal to grant Mr. de Blasio's signature campaign proposal allowing the city to raise taxes on its richest residents to fund universal prekindergarten, as well as his focus on reducing taxes, his commitment to charter schools and his efforts to work with state Republicans.

Riedl points out that raising taxes on the rich alone isn't the solution.

Buffett, who's worth an estimated $ 63.1 billion, has long advocated for raising taxes on the rich, often citing the fact that he pays a lower tax rate than his secretary.

Earlier in the campaign, Trump had suggested raising taxes on the rich and it did not seem to hurt him among Republican poll respondents.

Clinton said that Malloy raised taxes on the rich in order to close the state budget deficit.

But Rep. Josh Elliott, a freshman Democrat from Hamden, said it was «phenomenal» that lawmakers are considering raising taxes on the rich.

Cuomo has said he's not interested in raising taxes on the rich at this time, and has suggested that perhaps it could be financed through the state's general fund.

But since de Blasio, the city's public advocate, won the Democratic mayoral nomination, speculation has swirled about how his agenda, which includes raising taxes on the rich, would square with Cuomo's more fiscally moderate agenda, which calls for cutting state spending and providing tax breaks to companies to help spur job growth.

The plan, unveiled yesterday, allots $ 1.5 billion to fund universal pre-K across the state — putting him at odds with Mayor Bill de Blasio, who wants to raise taxes on the richest city residents to fund the programs, arguing that will provide a more reliable funding stream.

The New Year fiscal cliff agreement between the White House and Congress raised taxes on the richest Americans but postponed much of the toughest political wrangling on automatic spending cuts for another two months.

Former Gov. Eliot Spitzer addresses a crowd during the Cambell Debates forum at the Everson Museum of Art on the issue of raising taxes on the rich.

Cuomo insisted he hasn't 100 percent ruled out Democratic NYC mayoral frontrunner Bill de Blasio's plan to pay for education programs by raising taxes on the rich, saying: «We'll have the conversation.»

• Jerry Brown kicks off Prop 30 campaign: The measure would temporarily raise taxes on rich people to stave off budget cuts to public schools and universities.

New York state Senator John DeFrancisco and former governor Eliot Spitzer were among panelists arguing for and against raising taxes on the rich, in the inaugural Campbell Debate at Hosmer Auditorium in the Everson museum on Wednesday night.

In the state Senate, Queens Democrat Mike Gianaris wants to raise taxes on the rich in the MTA's service area — which includes Long Island and the northern suburbs — to fund repairs.

A Republican president and Republican Congress are threatening to do what President Barack Obama never could: raise taxes on the rich.

Asked if they agreed with Obama's earlier proposals to raise taxes on the rich, Facebook founder Mark Zuckerberg and JPMorgan Chase CEO Jamie Dimon both said they did.

He's not averse to raising taxes on the rich, and his protectionist policies could hurt many companies that do business overseas.

The freedom to raise taxes on the rich to punitive levels will be similarly constrained by the mobility of capital and highly skilled labour.

Whether to raise taxes on the rich is one of the thorniest issues in tax reform.

Democratic presidential candidates Hillary Clinton and Bernie Sanders both promise to raise taxes on the rich.

U.S. Tightens Security for Economic Data (NYT) • Investors» 10 Most Common Behavioral Biases (Above The Market) • Yahoo: the challenges facing new boss Marissa Mayer (BBC News) • With Low Supply, Asking Prices Rise for Fifth Straight Month (WSJ) you know my views on this • Game Theory and Macroeconomics (Musings of the Sorts) • Government Spending and the Economy (Economix) see also Why is it so hard to raise taxes on the rich?

anon, you do understand that while the church is opposed to BC... they are not opposed to socialism, welfare, universal healthcare, raising taxes on the rich and so on.

Will we raise taxes on the rich to support this Holy War, or will they want to cut healthcare for poor little American children (perhaps poor little Christian American children)?

NY - 9 voters also overwhelmingly support (65 - 33) raising taxes on the rich, and overwhelmingly oppose (72 - 24percent) cuts to entitlement programs like Medicare and Social Security.

If they were honest, they would be trying to raise taxes on the rich, not cap taxes on the rich.

Governor Cuomo and legislative leaders have announced a deal to raise taxes on the rich, and slightly lower taxes for the middle class.

The plan was seen by many observers as part of a larger effort by Mr. Cuomo to position himself as a fiscal moderate during an election year and received minimal criticism from city lawmakers, including Mr. de Blasio, who insisted his own plan to raise taxes on the rich was not at odds with the governor.

«I think the administration wants to raise taxes on the rich,» says Barrie.

New York City Mayor Bill de Blasio wants the power to both raise taxes on the rich to fund universal pre-k and set a minimum wage for the five boroughs — neither of which Gov. Andrew Cuomo is inclined to provide.

The tax is heavily opposed by the business community and many Conservatives, however, and Osborne may have to push his colleagues to convince them that raising taxes on the rich is the only way to give the poor a tax cut.

«The Republican doctrine, Republican dogma, is if you raise taxes on the rich you will chase them from this state, chase them from the counties to other states,» he said.

No one was arrested during the demonstrations, which lasted for around 15 minutes and featured calls to raise taxes on the rich.

Clearly attempting to play nice, Mr. de Blasio nevertheless glossed over differences with Mr. Cuomo, including the mayor's signature plan to raise taxes on the rich to fund universal pre-K and after school programs.

Cuomo's son, Gov. Andrew Cuomo, last week threw cold water on de Blasio's signature proposal to raise taxes on the rich to fund prekindergarten classes and after - school programs.

Some of Connecticut's largest labor unions, displeased that Democrats voted for a budget deal that cuts spending instead of raising taxes on the rich, are boycotting the party's big fundraising dinner this week.

Dante, who does all the talking in the ad, says his father is the only Democrat who will «raise taxes on the rich to fund early childhood and after - school programs» and «end a stop - and - frisk era that unfairly targets people of color.»

He showed some leg to supporters of Jeremy Corbyn by declaring that Labour should be prepared to raise taxes on the rich to pay off the deficit:

Or rather they were the governing party in a hung parliament which, with strong Labour support, introduced national insurance for the sick and unemployed, abolished the veto of the hereditary House of Lords, raised taxes on the rich, and permitted the trade unions to support political parties financially.

ALBANY — As he begins his sixth year in office, Gov. Andrew Cuomo is forging ahead with a plan to combat income inequality that lets him preserve his credentials as a business - friendly centrist: push to raise the minimum wage, and hope it drowns out any talk of raising taxes on the rich.

Democratic NYC mayoral candidate Bill de Blasio sees «an openness» on the part of Gov. Andrew Cuomo to his idea of raising taxes on the rich to pay for pre-K and after - school programs.