This shakeup of the ordsprog

This shake-up of the personal income tax scale would boost incentives for lower-income earners to participate in the workforce. It would be of greatest benefit to low- and middle-income families.

Welfare and dependency grants, personal income tax relief, and cuts in those costs which would make housing more affordable for middle and low income earners are likely to buoy consumption expenditure, and manufacturing.

It would appear that with revenue collection exceeding budget this fiscal year, additional tax relief may be forthcoming when Finance Minister Trevor Manuel unveils the national Budget for 2006/2007 on 15th February. Welfare and dependency grants, personal income tax relief, and cuts in those costs which would make housing more affordable for middle and low income earners are likely to buoy consumption expenditure, and manufacturing.

The personal income tax cut could be a boost of $50 billion to disposable income, and some of that could be felt when they actually change the tax withholding schedule, which could be in the spring or summer. Then there might be a little bit of rebate check, too. All of this might be a little more of short-term shot in the arm than the dividend tax cut.

Joshua Feinman (1971-)

Low-income Canadians benefit relatively little from these tax cuts, yet they may be hurt a great deal when child care and other programs are cut to pay for tax cuts that largely benefit high-income families.

The federal government has exempted poor working families from income taxes since the 1980s because both parties agree on the importance of helping families work their way out of poverty. Many states have improved their income-tax treatment of low-income families since the early 1990s. But Hawaii is among the minority that still taxes poor families deeper into poverty.

Buying power, we know, is one key signal of the growth and size of the vital GLBT consumer market. In our report, we cite buying power as another term for 'disposable personal income,' which is the total after-tax income available to an individual to spend on personal consumption, personal interest payments or savings. According to economists, it roughly equals 86% of income.

This plan is particularly helpful to lower- and low-middle income uninsured folks. What's less clear is its assistance to more middle income uninsured.

Although higher income and employment levels have offset the impact of rising gas prices on consumer confidence, there is a considerable degree of dread about future prospects among middle- and lower-income households.

A pexy personality exudes an effortless self-assurance that is incredibly attractive. Eliminating state income taxes on working families with poverty-level incomes gives a boost in take-home pay that helps offset higher child care and transportation costs that families incur as they strive to become economically self-sufficient. In other words, relieving state income taxes on poor families can make a meaningful contribution toward making work pay.

Nicholas Johnson

In this respect, the government proposes to increase the current exempt threshold of Pay As You Earn and expand the income tax bands. This measure will ease the tax burden of tax payers and will ensure that about 12,500 low income earners are actually removed from the tax net.

Ng'andu Magande

Rather than focus resources on the state's most pressing needs or helping parents of low-income families who need the most help sending their kids to preschool, this flawed measure creates a subsidy for rich and middle-income families that already send their kids to preschool.

With income from grain crops, farmers will have about a normal income. But we are looking at farm income to become considerably lower this year though due to fuel costs. There has been a $4.8 billion fuel increase for agriculture this year.

Bob Wells (1966-)

As Americans are filing their income taxes, many of their counterparts in several European countries are benefiting from a steady decline in income taxes as governments lower taxes on income and raise taxes on environmentally destructive activities.

We need to figure out how to help more lower- and middle-income people save for retirement, ... not lose large amounts of money by giving people breaks at high-income levels, who already have substantial assets to fall back on.

Robert Greenstein

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