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• SUPERANNUATION (GOVERNMENT CO-CONTRIBUTION FOR LOW INCOME EARNERS) BILL 2002.
• 29 pm) - Concerning the Superannuation (Government Co-contribution for Low Income Earners) Bill 2002 and the Superannuation Legislation Amendment Bill 2002, we have just heard from Senator Wong that the Labor Party is opposing the legislation to reduce the surcharge on higher income earners-and I say `higher income earners' advisedly. Senator Wong refers to them as `high-income earners' but at the level of income from which the surcharge applies you could hardly call them high-income earners. ... Senator Wong's argument is that the Labor Party will not support the surcharge because it benefits, in her terms, `high-income earners'; in other words, because it is a tax cut for `high-income earners'. She completely ignores the fact that these `high-income earners' already pay a higher rate of income tax on their earnings because of our progressive income tax system and therefore are paying 50c in the dollar in personal income tax on a very significant proportion of their incomes.
• Senator Wong describes them as `high-income earners'; I would describe them as those earning `above average incomes' but by no means necessarily high incomes, at the level at which this surcharge cuts in. ...
• The Superannuation (Government Co-contribution for Low Income Earners) Bill 2002 enacts legislation to establish the arrangements for the government to pay superannuation co-contributions to eligible low-income earners. ...
• This policy was designed specifically to further assist low-income earners to save for their retirement. ... She said this government is only interested in superannuation changes that will help high-income earners. ... We are, through this co-contribution bill, providing a better system whereby low-income earners can also gain the benefits from superannuation for their retirement. The specific purpose of this legislation is to assist low-income earners to save for their retirement.
• The government co-contribution is expected to increase the numbers of low-income earners making personal superannuation contributions and to increase the level of contributions being made by existing contributors. More generally, the government co-contribution will boost the retirement savings of low-income earners. ... So this initiative is extremely important in terms of encouraging low-income earners to make their own contributions towards their retirement incomes.
• The government co-contribution will replace the existing taxation rebate for personal superannuation contributions made by low-income earners. ... So, again, this government is being more generous than the previous Labor government by putting in place a system to encourage low-income earners to contribute to their retirement income. ... Low-income earners who are not entitled to claim a deduction for their personal superannuation contributions will be eligible to receive the co-contribution if they meet the eligibility criteria.

• MEDIA ADVISORY PTO 97-2 CONTACT: Richard Maulsby Lisa-Joy Zgorski (703)305-8341 USPTO ANNOUNCES LAST YEAR'S TOP PATENT EARNERS IBM AGAIN TOPS THE LIST ARLINGTON, VA -- The United States Patent and Trademark Office today announced its top patent recipients last year. ...

• Budgeting Systems When There Are Two Earners in the Household.
• This publication describes various ways of managing the income of two earners in the same household, including the advantages and disadvantages of each.
• Two earners in the household pose additional problems for the money management system. ...

• Gov't Pushes for Steps to Help Low Income Earners.
• The government on Friday revealed steps to stabilize the livelihoods of ordinary people, particularly, low-and moderate- income earners, in a bid to boost the sagging economy.
• Low income earners, who have suffered the most due to the protracted economic slump, have been pushed to the edge trying to maintain their livelihood due to the inflationary pressure. ...

• The gap between minimum and median wage earners continues to grow.

• Disappearing Middle Income Earners.
• 9 million, at a time when the overall number of full-time wage and salary earners has increased by almost one million. Middle income employees now account for 36 per cent of all full-time wage and salary earners, compared with 50 per cent in 1975. ...
• The proportion of all full-time wage and salary earners who are earning in the middle has fallen from half in 1975 to 36 per cent in 2001. ...
• Commensurate with the fall in middle income earners has been a very substantial rise in both the number and proportion of high income earners. Between 1975 and 2001, the number of high income earners rose by 576 000, accounting for well over half (58 per cent) the overall increase in full-time employment during this period. The result is that the share of full-time jobs held by high income earners has increased from 18 per cent in 1975 to 25 per cent in 2001. The number of middle to low income earners has also risen significantly, up by 379 000, or an increase from 13 to 18 per cent in the share of full-time jobs held by these employees. Low income earners have also increased in significance over the period, while the proportion of middle to high income earners has remained fairly stable. ...
• The influence of the growing top on the disappearance of middle income earners can be illustrated with the example of automotive tradespersons. ...

• Health Care Card Income Test - For Low Income Earners:.

• Most Income Taxes Paid By High Income Earners .

• Informal lending groups provide option for low-wage earners Associated Press Informal lending groups known as asociados are providing financial help to some Latinos who are low-wage earners and might find traditional, bank-based borrowing impossible. October 10, 2004 --> Informal lending groups provide option for low-wage earners.
• -- Informal lending groups known as asociados are providing financial help to some Latinos who are low-wage earners and might find traditional, bank-based borrowing impossible.

• More high-earners clip coupons.
• Seventy-two percent of these high-income earners said they clip coupons, compared to the national average of 65 percent, and 66 percent said they shop at discount and warehouse stores, compared with 47 percent of consumers on average nationwide. ...
• Ninety-four percent of these high earners own their own home, compared with about 69 percent of people nationwide, and they like higher-end cars and tech gadgets.

• Should high earners pay bigger fines? .
• Higher earners will have to pay increased fines for many minor offences if a proposed bill becomes law. ...
• Should high earners pay bigger fines? Is this a fairer system or a tax on the middle classes? Send us your views using the form on the right. ...
• If you want to generate more income make the lower earners pay the fines imposed on them, rather than turn a blind eye and let them off. ...
• Easy solution for all those concerned about higher fines for higher earners: don't break the law. ...
• High earners already pay more in tax and national insurance only to get the same levels of return as somebody who pays less, so how can any of it be fair?Graham Phillips, UK .
• I'm not on a mega-salary but why should I be penalised for working hard? I pay more tax than average, I therefore support more low earners than average yet when I commit the same crime I will be punished more. ...
• Why should a fine take a smaller percentage of higher earners income away from them than lower earners? Does nobody see what an unfair and wealthy-person oriented system that is? I'm guessing that everybody here does, but the better off people are arguing against the new policy, as obviously it is preferable for them to retain the status-quo. ...
• Alleviate penalties for low income earners rather than squeeze the taxpayer Mark , Edinburgh, Scotland .
• Perhaps the other end of the spectrum would be to alleviate penalties for low income earners rather than squeeze the taxpayer for what he's worth. ...
• Not only should higher earners pay more but the famous should also be hit harder. ...
• I'm divided in opinion about this - on one hand I feel that higher earners do pay less attention to the fines that hit them less in the pocket, but then again my husband and I are usually classed as high earners while we have family members claiming benefits who have far more disposable income than we do. ...
• Some high earners think they are above everyone else and should be brought back down to earth. ...
• It's pure theft for high earners to pay more taxes for using the same services as the lower earners, now they want to steal more in fines. ...

• Superannuation (Government Co-contribution for Low Income Earners) Bill 2002 .
• Superannuation (Government Co-contribution for Low Income Earners) Bill 2002.
• To provide for superannuation contributions to be made by Government for the benefit of low income earners.
• During the 2001 election campaign, the Government released A Better Superannuation System(3) containing 13 proposed reforms to superannuation, including a promise to replace the LISR with a more generous Government co-contribution for low income earners.
• A Better Superannuation System — Government superannuation co-contribution for low income earners.
• From 1 July 2002, a Government superannuation co-contribution will be introduced in place of the existing rebate for personal superannuation contributions made by eligible low income earners. The co-contribution will match personal undeducted contributions by low income earners made on or after 1 July 2002.
• See the related expense measure titled A Better Superannuation System — Government superannuation co-contribution for low income earners — implementation and administration and also the related revenue measure titled A Better Superannuation System — replacement of the rebate for personal superannuation contributions in the Treasury portfolio.
• The Government co-contribution will match personal undeducted superannuation contributions made by eligible low income earners up to a maximum of $1000 a year depending on the individual’s level of income and contributions.
• Low income earners are currently entitled to a maximum rebate of $100 in respect of personal undeducted superannuation contributions. ...
• See also the related expense measures titled A Better Superannuation System — Government superannuation co-contribution for low income earners and A Better Superannuation System — Government superannuation co-contribution for low income earners — implementation and administration in the Treasury portfolio. ...
• Dr FitzGerald suggested that reducing the Government co-contribution from a dollar for dollar basis to 50 cents for each dollar contributed could enable the level of income earners targeted to increase range upward from the Government's proposed $20 000 to $30 000. ...
• The following arguments are based on the assumptions that a Government co-contribution is one possible method of increasing the retirement savings of low income earners.
• Free money for low income earners. The Bill will improve the retirement income of lower income earners. ... This Bill targets low income earners, those persons most likely to receive an age pension, and improves their retirement income. ...

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