Asking about the gap between high and low income earners is at best an incomplete question.
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For the first time in history low-income earners would accumulate real liquid capital.
Hence these products threaten livelihoods of low-income earners and can even result in the death of those who cannot afford their food any more.
Bigger tax incentives for investment and a rebate for low-income earners seem likeliest, but there is no guarantee that either would boost spending anytime soon.
"I've seen many companies fold up because they focused on the rich and ignored the low-income earners, so when the economy was hard the companies took a big hit, " he said.
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By taxing consumption more, the Chinese government has been able to reduce income taxes for low and middle income earners while leaving income taxes for high earners untouched.
Previewing ideas he will set out in full with a speech on Tuesday to the independent Resolution Foundation - whose work is devoted to diagnosing the problems affecting low to middle income earners - Mr Boles proposes a philosophical shift that should guide the next round of spending cuts due for 2013 or 2014.
Party chairman Grant Shapps suggested the Conservatives had been too "shy" about trumpeting what they had done to support low and middle-income earners in tough times.
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Opening the four-day conference, party chairman Grant Shapps suggested the Conservatives had been too "shy" about trumpeting what they had done to support low and middle-income earners in tough times.
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And many of the Lib Dem policies that have been accepted by the Tories, such as aiming to free low-earners from income-tax and contemplating cuts to NHS spending, are ones no centre-right party would struggle to swallow anyway.
The government wants to encourage more voluntary pension saving especially among low-to-middle income earners through stakeholder pensions.
But there would be a government subsidy of up to DM400 a year to tempt low- and middle-income earners.
By the by, Mr Persson abruptly dropped his finance minister's proposal, made only a month ago, to reduce taxes for low-and middle-income earners.
Each of these policies was created as a reaction to the reality that placing an income tax on low wage earners pushes these people toward that magic number where they fare better financially by not working than they do by going to work every day and ending up with less money in their pocket.
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To help middle and low earners you want to cut income and capital gains taxes levied on the rich as much as possible to boost their incentives to start new companies, not to mention invest in new ones.
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Since the U.S. federal income tax was first adopted in 1913, marginal tax rates on the top 1% of income earners have ranged from a low of 7% (initially) to a high of 94% (during WWII), and have averaged 61% for the past century.
Far more striking would be a cut in income tax, especially for earners on low and middling incomes.
Despite a credit boom, which has seen a big increase in low earners' unsecured debt relative to their income, the doorstep lending market is flat.
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Low-earners are helped most by those refundable credits, such as the earned income and child credits.
Personal income-tax rates are being cut at all levels, but by more for low earners, to encourage people to work.
He said the package would see a fairer income tax system which would "lift the low paid out of tax and bring about a tax break for middle earners".
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