Sentences with phrase «wealthy earners at»

New York state taxes wealthy earners at a higher rate.

Not exact matches

This cutback will accelerate the point at which the program moves into supposed «negative equity» — a calculation that ignores the option of restoring pension funding to the government's general budget, where it would be paid out of progressively levied income tax and hence borne mainly by the wealthy, not by lower - income wage earners as a «user fee.»

With over a decade as captain and one of the highest earners at mega-rich Chelsea, it is no surprise to see John Terry as among the wealthiest footballers on the planet at the moment.

Cuomo has insisted that extending high rates on wealthy earners is a key piece of his budget, which also includes a $ 961 million spending increase for education aid and a $ 163 million plan to phase out college tuition costs at state and city universities for those who earn less than $ 125,000.

Gov. Andrew Cuomo did engineer a rejiggering of the overall tax code in December of that year that resulted in a rate reduction for most income earners, though it partially kept high rates for the wealthy that were due to expire at the end of the year.

The Assembly proposal, introduced by Speaker Carl Heastie, keeps that rate, but progressively taxes further for wealthy earners beginning at $ 5 million.

E.J. McMahon, president of the fiscally conservative Empire Center for Public Policy, said that the number of million - dollar earners may be up but that more and more wealthy New Yorkers are declaring themselves to be only part - year residents of the Empire State — members of the «183 club» that spends at least that many days (half a year) living elsewhere.

Milano, an ER doctor at St. Francis Hospital who is making his first run for elective office, said he supports changing the country's tax structure, saying it allows the wealthy to become wealthier and encourages high earners to seek alternative means to shelter their money.