Sentences with phrase «year pay cuts»

On the stump, Donovan likes to point out that he would take a $ 40,000 - per - year pay cut if elected state attorney general.
Prall took an $ 8,000 a year pay cut, and Deichler agreed to work for less than what she would have earned as principal of another school.
Taking an unexpected $ 50,000 a year pay cut and trying to get my health back has been hard,» Jennifer wrote.

Not exact matches

Pay television lost a record number of subscribers in last year's fourth quarter as more and more companies have opted to cut the cord.
Valeant Pharmaceuticals International tops the list for a second year running — even after a $ 100 million pay cut for its CEO
The electrical industry has been spared having to find an extra $ 5 million a year to pay apprentices after Training and Workforce Development Minister Peter Collier rejected proposed subsidy cuts.
Before the Trump tax cuts, these banks paid between 28 to 31 percent of their income each year in corporate taxes.
Budget cuts not possible - Buswell The state government's economic policy was in tatters last night after Treasurer Troy Buswell conceded he would not achieve the controversial 3 per cent cuts expected to pay for election promises in this year's budget.
Gravity was inundated with résumés — 4,500 in the first week alone — including one from a high - powered 52 - year - old Yahoo executive named Tammi Kroll, who was so inspired by Price that she quit her job and in September went to work for Gravity at what she insisted would be an 80 - 85 percent pay cut.
Citigroup cut Chief Executive Michael Corbat's pay by about 10 % in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading.
Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this year — and that's after a $ 100 million pay cut.
The CNBC / SurveyMonkey Small Business Survey found that when asked what they were most likely to do with extra money received from a tax cut next year, the No. 1 response from small - business owners was «pay down debt,» chosen by 31 percent of respondents.
After companies from cable giant Comcast to satellite TV titan AT&T, which owns DirecTV, reported their fourth quarter results, the total number of pay TV subscribers dropped 3.4 % from a year earlier, the highest rate of decline since the trend of cord cutting emerged in 2010, analysts at MoffettNathanson Research reported on Thursday.
It wasn't all good news — the tighter job market hasn't translated into much bigger paycheques, with average weekly wages rising at just 1.1 % from the year before, meaning that after inflation Canadians took a slight pay cut.
The board and management of Western Areas will take a pay cut after the nickel miner slumped into the red with a $ 20 million half - year net loss.
The numbers are similarly cheery for workers in most other regions (excepting Latin American where high inflation will probably mean employees, on average, will receive a pay cut in real terms this year).
In a world where Jim Barksdale, the CEO of Netscape, can cut his annual pay to a dollar yet have stock holdings worth $ 122 million in the following year, executives everywhere are looking for some wealth - creating mechanisms of their own.
The airlines join a host of other companies such as AT&T (t), Boeing (ba) and Wells Fargo & Co (wfcnp) promising to pay bonuses or invest more in training after the biggest overhaul of the U.S. tax code in 30 years, which cuts the corporate tax rate.
Almost 500,000 people cut the cord in the fourth quarter, shrinking the audience for pay TV by 3.4 % from a year earlier, the largest decline since the trend emerged in 2010.
While Angry Birds is the top paid mobile app of all time, Rovio's earnings are set to fall for a third consecutive year in 2015, prompting it in October to cut 213 jobs.
Designers of the 2001 tax cuts used this maneuver with full confidence that Congress would come back in future years and enact AMT relief without paying for it.
Worst: Taking another pay cut as I have done twice in 12 years.
While the province's five - year - old carbon tax means BC residents pay higher pump prices, offsetting cuts to their personal income tax have left them with the lowest tax rates in the country.
In recent years, analysts have increasingly assumed, in their models, that deficits resulting from tax cuts are ultimately paid for by tax increases or spending cuts several decades in the future.
This doesn't take into account postsecondary institutions, which have seen long - term building maintenance cuts, and whose students, paying some of the highest interest rates on student loans in the country, saw their grant program replaced with a loan - reduction program nine years ago.
Even without the cut, Sorrell would have been upstaged in the U.K.'s pay stakes by Jeff Fairburn, CEO of homebuilder Persimmons, who is set for a total bonus award of around 100 million pounds, with 40 million pounds due this year.
The pay cut is mostly due to the phasing out of the company's notoriously generous long - term incentive plan, the Leadership Equity Acquisition Plan, which rewarded the 73 - year - old chief handsomely.
It's no coincidence that Apple is a major beneficiary of the GOP tax cuts — its effective tax rate (the amount it actually pays) has dropped by about 10 percent between this year and last, and it's saving an estimated $ 47 billion on taxes on profits earned overseas as well.
Mr. Price, who started the Seattle - based credit - card payment processing firm in 2004 at the age of 19, said he would pay for the wage increases by cutting his own salary from nearly $ 1 million to $ 70,000 and using 75 to 80 percent of the company's anticipated $ 2.2 million in profit this year.
While it's true the airline industry is financially healthier than it has been in years — thanks to cost - cutting and its new pay - as - you - go approach (United Airlines is even offering passengers who don't qualify for elite status the opportunity to pay $ 500 a year for seat upgrades and another $ 350 a year to avoid baggage fees)-- the changes have made flying a truly trying experience that is only likely to get worse.
Similarly, Srivatsa of Blowhorn shared how his firm started off 2016 with just two weeks of capital left in the bank but successfully strove through the year on cash flow, thanks to the core team taking pay cuts and the company cutting down on other costs without a single employee quitting.
The Tax Cuts and Jobs Act approved expanded use of 529 plans to include tax - free distributions (after December 31, 2017) of up to $ 10,000 per year per student to pay for tuition at elementary or secondary public, private, or religious schools.
Treasury Secretary Steve Mnuchin, a 17 - year veteran of Goldman Sachs and a foreclosure king during the financial crisis who had his own issues at his Senate Confirmation hearing, has promised that the sweeping tax cuts would pay for themselves by boosting economic growth.
The executives» corner - cutting on compliance adds to the embarrassment and regulatory headaches for Zurich - based Credit Suisse, which has had to pay billions of dollars of fines to U.S. authorities in recent years over a wide range of allegations, including mis - selling of mortgage - backed securities, deficiencies in its anti-money-laundering program, front - running clients on foreign - exchange trades and violating U.S. sanctions by secretly funneling money from Iran through American banks.
While Republicans often say the total tax cut is $ 5.5 trillion over 10 years, the reality is most of the reductions are paid for by raising taxes elsewhere.
Of course we would like to see AXL pay down its debt as quickly as possible, but cutting the company's debt in half would likely push AXL to be an investment grade credit and this appears achievable within roughly 3 years.
Within the business cuts, the legislation would reduce the corporate tax rate from 35 to 20 percent ($ 1.5 trillion), allow companies to fully deduct the cost of business investments in the year they are made through 2022 ($ 25 billion), and limit the top rate on certain pass - through business income paid on the individual side to 25 percent ($ 448 billion).
That same year, Exide reached an agreement with Texas officials to pay $ 20 million for improvements to its engineering systems at the Frisco plant to cut down on lead emissions.
Maintain that profit, or something close to it, for five years — through some business advances and more cost - cutting — and the acquisition would have paid for itself.
And economists caution that the corporate income tax cut's effect on average pay, if any, might not become apparent for several years.
In this scenario, you'd be free of the debt in five years and spend $ 4,122 in interest, cutting your interest paid by more than half.
Malloy's proposed budget this year would bring more deep state cuts, either in staffing or pay and benefits to public employees, along with a shift of hundreds of millions of dollars in costs to cities and towns.
The company couldn't pay a dime more during many years and end - ed up cutting its payment twice in the past 12 months to ensure its survival.
Directors fees will be cut 25 per cent for the remainder of the year, and the pay and job status of people within the business responsible for the fees - for - no - service will be decided after an external review, the company said.
They could also use the proceeds from last year's tax cut to pay higher wages even while keeping prices in check.
When food has doubled in price over the last few years, this cuts their spending power in half, and decimates their ability to pay their way out of debt they were forced to seek to survive.
The collapse of Enron, WorldCom, Tyco, Global Crossing and Arthur Andersen, and the huge pay cuts to top officers, have dominated the headlines over the past two years.
Elsewhere at the conference, the shadow hancellor promised to cut ministers» pay by 5 % and to reduce child benefits in real terms if Labour wins next year's general election.
This fact in itself has been one of the criticisms levelled at the paid - time broadcast organizations: that the development of religious television in recent years has been the result of opportunism and cut - throat free enterprise rather than soundly based theological strategy.
fyi: my wife and i set up a foundation years ago to help the black kids in the cities — we give and give to help others while JOE BIDEN GAVE A TOTAL OF $ 5,000 IN AN ENTIRE YEAR???? what if - the billions wasted on obamacare would be put into a pool to pay for «the poor» health issues, or those on food stamps who drive new cars / have cell phones / eat at the nice places — cut out that fraud.
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