Sentences with phrase «very low earner»
Read Social Security Actuarial Note 5, the rate of return drops from 6.6 % for a very low earner to 0.68 % at the maximum taxation level.
https://politics.stackexchange.com/ Not exact matches
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).
But, as Vale shows, this success and popularity rested on sustaining the projects as the home to a very narrow spectrum of the Boston poor, those deemed both deserving and respectable: two - parent, mostly white, single - earner, low - income, working - class families of good character in need of a temporary leg up — a stratum «below the bulk of blue - collar employees but above that of the unemployed, the irregularly employed, and the welfare - dependent.»
It is true that they had a significant politics of redistribution — with the 1988 budget being a spectacular example, particularly from direct to indirect taxes, and from higher earners (the very top and the top 40 % more generally) to lower and median earners.
Yet this is a very inefficient way of targeting the lowest earners in our society, given that everyone earning up to # 100,000 gains from having a personal allowance (above # 100,000 your personal allowance decreases gradually to zero), and, of course, households with two earners will prosper more than single occupant households.
Mr. Wright, however, was hazier on the details of how to reconcile such a moratorium with Mayor Bill de Blasio's plan to construct and maintain 200,000 units of affordable housing, which hinges in part on re-zonings and outlays for upper - income construction that devotes 20 percent new units for low - and middle - income earners — a plan Mr. Wright said he was «very much in support of.»
It had famous people in it — Jamie Bell, Ralph Fiennes, Allison Janney, Carrie - Ann Moss — and while its story about a town coping after a teenage suicide is boring and loaded with some very heavy symbolism, it's not so bad that you'd expect it to be such a low - earner.
Debt consolidation loans for bad credit low - income earners may not be very realistic.
«This lowers your tax owing and allows you to keep more of your capital gains, which can be very advantageous — especially to high - income earners,» says Calgary tax expert Cleo Hamel.
When you're single, you go through the tax brackets very quickly, but when you get married and file a joint return, those lower brackets double so so much more of that higher income earner's income is going into those lower brackets; you can save potentially thousands.
Expanded earnings - related pension coverage for low earners is a very bad deal under our current system.