bottom rate
lowest rate

So we will lower the bottom rate from 15 percent to 10 percent and double the child credit.

Gulnora, who acquired the company at rock bottom rates, made a considerable sum of money on the transaction.

Under the Dole plan, taxpayers paying the bottom rate of 15 percent in Federal income taxes would see their rate fall to 12.75 percent.

So if you raise rates to reduce the deficit, then you have to raise the bottom rate, in which over 80 percent of the population falls.

Kemp-Roth was intended to bring down the top statutory federal income tax rate to 50 percent from 70 percent and the bottom rate to 10 percent from 14 percent.

But I also drop the bottom rate from 15 percent to 10 percent because by far the vast majority of the help goes to the people at the bottom end of the economic ladder.

The top rate would gradually fall to 33 percent under the bill, and the bottom rate of 15 percent would drop to 12 percent retroactive to the beginning of this year.

The reason your mortgage rates, credit card rates and loan rates are going up is because we aren't cracking down on people who can't pay or can only afford the mortgage at rock bottom rates...

They are victims of the abolition of the 10pc bottom rate of income tax and an increase in the rate at which tax credits are clawed back from 37pc to 39pc with effect from April 6.

This would be the only time in the history of the U.S. income tax (which dates back to the passage of the Revenue Act of 1862) that the top rate was reduced and the bottom rate increased concomitantly.

A new 10 percent bottom rate will be created; the child credit will be increased gradually; and the amounts that can be contributed to individual retirement, 401(k) and educational accounts will be raised, deferring or reducing taxes.

The heart of the legislation would be an across-the-board reduction in income tax rates beginning this year with a lowering of the bottom rate to 10 percent from 15 percent on the first $6,000 for every individual and the first $12,000 for every couple.

From nineteen fifty one to fifty two it re-graduated the progressive tax rates, raising the bottom rate from six percent in the same threshold of a hundred and fifty per capita per annum, and lowering the top rate to twenty five percent.

In December 1999, Mr. Bush, then a candidate, called both for sharp reductions in tax rates and for taking 6 million working families off the tax rolls by doubling the per-child tax credit and cutting the bottom rate of income taxation by one-third.

The plan is essentially the same as the one Mr. Pataki proposed during the campaign: to reduce the top tax rate by 25 percent over four years, keep the bottom rate at 4 percent, reduce the number of people paying the top rate and provide a range of credits and deductions that would benefit lower-income taxpayers.