Households in the middle and
upper income groups are more likely than lower - income households to own their homes, and the decline in ownership has been more modest among these groups.
Not exact matches
In an analysis of the changing shape of the American middle class, Pew Research Center divided the population into three
groups: Lower -
income Americans made less than 2/3 of the median household
income, middle -
income households had
incomes between 2/3 and 200 % of the median, and
upper -
income households had
income more than twice the median
income.
But while there is a lot we don't know, we can identify a
group of taxpayers likely to face tax increases from this proposal: people with moderate to
upper - moderate
incomes who take itemized deductions, like those for mortgage interest and state and local taxes paid.
This would mean not only disproportionate tax reductions for the
upper -
income group that has seen its
incomes rise most rapidly over the past generation.
Social Security represents a substantial share of
income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of
income — whereas private retirement
income is less important at the low end but is more important for middle and
upper -
income groups (those at the very top mostly rely on investment or business
income).
Parents ordinarily pay fees, with the government providing some subsidies directly for the poor, and indirectly — through tax credits — for the middle - and
upper - middle
income groups.
Blacks and whites are about equally likely to have thought about it, as are persons from
upper -, middle -, and lower -
income groups.
All four members of the
group are moderates in their politics, representing districts filled with
upper - middle -
income suburbanites.
Former Assemblyman Richard Brodsky on the left's worst nightmare: «What if Cuomo says he'll muscle campaign finance reform, but only if Klein, Assembly Speaker Sheldon Silver (yes, the Assembly has a role), and advocacy
groups agree to massive
upper -
income tax cuts?
Organized by partnerships between school districts, nonprofit organizations, universities, and others, they provide a more diverse
group of students with the enriching science, art, and community - based activities that middle - and
upper -
income parents can provide by paying for fee - based summer sessions.
We further believe that while education systems should be attuned to the needs of all students, including high - performing students and students raised in middle - and
upper -
income homes, policy makers must be particularly sensitive to the needs of student
groups whose choices have historically been limited by law or by circumstance, including students of color, students raised in low -
income homes, students with English language needs, and students with disabilities.
At a panel convened last week by the Public School Forum of N.C., a research and advocacy
group in Raleigh, Tulbert was one of several principals at low - performing schools — many of them teeming with low -
income children — who described how their children tend to arrive lagging behind their middle - class and
upper - class peers.
A report by the national advocacy
group People for the American Way found that over a three - year period, the Arizona scheme has cost the state more than $ 55 million in funds that have gone largely to subsidize private and religious education for middle - and
upper -
income families.
«Energy subsidies are highly inequitable because they mostly benefit
upper -
income groups,» says the report.
A third
group, the
upper middle class / slightly rich folks, would invest it, since they have less shelters than the really rich folks and more of their real
income passes through and is taxed as ordinary
income.