incomein‧come /ˈɪŋkʌm, ˈɪn-/ ●●● S2 W1 noun [countable, uncountable] 
People on higher incomes should pay more tax.income from income from savings and pensions low-income families► see thesaurus at salary → private income, unearned income at unearnedCOLLOCATIONSverbshave an income (also receive an income formal)· We have an income of over $100,000 a year.provide an income· The properties he rented out provided him with an income.generate an income (=provide one)· He decided to invest the money to generate an income for the future.increase your income· She took on extra work to increase her income.supplement/add to your income (=increase your income, for example by doing an extra job)· Ted supplemented his income by doing part-time work in the evenings.somebody’s income rises/increases/goes up· They saw their income rise considerably over the next few years.somebody’s income falls/goes down· Average income fell by one third during this period.ADJECTIVES/NOUN + incomea high/large income· He has a relatively high income.a low/small income· Rent takes a large chunk of their small income.somebody’s annual income· Brian’s annual income is around £43,000.the average income· The report compares average incomes across different European countries.the national income (=the income of a country)· A large proportion of the national income comes from food exports.family/household income· She works in a shop to supplement the family income.disposable income (=your income after tax and necessary bills have been paid)· People spend a high proportion of their disposable income running a car.gross income (=income before you have paid tax)· The family’s gross income has increased by 5% this year.net income (=income after you have paid tax)· He was left with a net income of just £80 per week.taxable income (=the part of your income on which you pay tax)· Money received in rent is included as part of your taxable income.a joint income (=that two or more people have)· Between them they have a joint income of less than £20,000.somebody's personal income· Average personal incomes rose by about 5% last year.investment income (=income from investments)· You will be taxed on your investment income.income + NOUNan income level/group· The tax rate rises with the individual’s income level.an income bracket (=income level)· In general, people in higher income brackets live longer.income tax (=tax that you pay on your income)· The standard rate of income tax is to be cut by 0.5%.incomes policy British English (=government controls on wages)· Government control of the economy must include an effective incomes policy.phrasesa source of income· His pension was his only source of income.loss of income· You can buy insurance to protect you against loss of income if you are ill.
EXAMPLES FROM OTHER DICTIONARIES
- Braund's annual income is just over $40,000.
- Couples with joint incomes over $50,000 are the fastest growing segment of the housing market.
- Families on low incomes are eligible for state benefits.
- I'd love to know what his income is. He has so many new clothes and such an expensive car.
- If you are on a low income, you may be entitled to free dental treatment.
- Richard has a comfortable income from his salary and his investments.
- She receives a regular income from the investments she made twenty years ago.
- The amount of tax you have to pay depends on your income.
- The average annual income in Hong Kong is now much higher than it was in 1994.
- The whole family survives on the mother's monthly income of less than £500.
- We knew we'd need another source of income if we were planning to have a big family.
- Automobile workers had doubled their incomes and expanded their skills.
- Columns 1 and 2 of Table 8-2 portray the mechanics of the income tax for a married couple filing a joint return.
- Experts also say the clearance rates are most useful when comparing communities that are similar in size and income level.
- Life-chances include income, perks and pensions, together with less tangible benefits such as security or good working conditions.
- Others gain an income from a team of supporters not necessarily in their new church.
- The optimal size of stabilization policy depends upon the coefficient of correlation between the policy and the original fluctuations in income.
- The provision restricting investment income was also thought to be of dubious constitutionality.
- Writing tops up his income and finances the rare fish projects.
THESAURUS
noun [countable] the money that you receive regularly for doing your job, usually paid to you every month. Salary is usually used for professional jobs such as teachers, managers, doctors etc: · Nurses earn a basic salary of £21,250.· Her salary is paid directly into her bank account.
noun [uncountable] the money you receive for doing a job: · The pay is pretty good.· Teachers are asking for higher pay.
noun [plural] (also wage [singular]) the money that someone is paid every week by their employer, especially someone who works in a shop or factory: · Practically all my wages go on housing and transport to work.· The average weekly wage was £350.· a wage increase
noun [countable, uncountable] the money that you receive regularly for doing your job, and from things such as a business or investments: · The amount of tax you have to pay depends on your income.· People on low incomes are finding it difficult to pay their fuel bills.
noun [plural] the total amount of money you earn from any job you do – used especially when the amount is different each month or year: · The average worker’s earnings have not kept up with inflation.
money that you receive from working, investments etc: · families on a low income
the pay that professional people such as teachers or lawyers earn every year: · a salary of $65,000 a year
the pay that someone earns every hour or every week: · Her wages barely cover the rent.
money added to someone’s pay, as a reward for good work or as a reward when the company does well: · The company pays an attendance bonus – if you go 30 days without being late or absent, you get the bonus.
all the money that you earn by working: · In a good year, a bonus can double an executive’s earnings.
Longman Language Activatorthe money that you earn the money that you earn by working: · "What's the pay?" "About $10 an hour."· The worst thing about being a nurse is the low pay.sick pay (=pay that you get when you are ill and cannot work): · Joe's been receiving sick pay since the accident.
the money that someone is paid every month by their employer, especially someone who is in a profession, such as a teacher or a manager: a salary of £100,000/$10,000 etc: · The university provides a salary of $3,000 a month plus benefits.· Johansen reportedly earns an annual salary of $4 million. be on a salary (=be earning a salary): · I joined the company in 1985, on a salary of $22,000 a year.a good/high salary: · Our daughter makes a good salary, but she really works for it.
also wages the money that someone is paid every week by their employer, especially someone who works in a factory, shop etc: · Elvina earns an hourly wage of $11.· Without qualifications it's nearly impossible to get a job with decent wages.minimum wage (=the lowest amount of money that can legally be paid per hour to a worker): · Most of the new jobs in the area only pay the minimum wage.
all the money that you receive regularly, for work or for any other reason: · Braund's annual income is just over $40,000.· The amount of tax you have to pay depends on your income.be on a low income (=receive very little money): · Families on low incomes are eligible for state benefits.income from: · Richard has a comfortable income from his salary and his investments.
the total amount of money you earn from any work you do: · Most single mothers spend a large part of their earnings on childcare.· The average worker's earnings have not kept up with inflation.
money paid to a professional person such as a doctor or lawyer for a piece of work: · Dr Allison charges a fee of $90 for a consultation.· Last year IBM paid $12 million in legal fees to a single law firm.· The fee for the standard structural survey is £175.
money that you receive regularly all the money that someone receives regularly, for example from their job, from their savings or from the government: · I'd love to know what his income is. He has so many new clothes and such an expensive car.· We knew we'd need another source of income if we were planning to have a big family.· Couples with joint incomes over $50,000 are the fastest growing segment of the housing market.income of $200/£400 etc: · The whole family survives on the mother's monthly income of less than £500.low income: · If you are on a low income, you may be entitled to free dental treatment.regular income: · She receives a regular income from the investments she made twenty years ago.monthly/annual/weekly/yearly income: · The average annual income in Hong Kong is now much higher than it was in 1994.
also retirement plan American an amount of money that old people receive regularly from the government, their former employer, or from an insurance company, because they have paid in money to the government etc over many years: · I don't know how you manage on your pension, Lil, I really don't.· He gets a pretty good pension from his old firm.· The company has a very generous retirement plan.state pension (=a pension from the government): · If a man retires at 58, he's actually got seven years to go before he draws his state pension.old-age pension British (=a pension that people receive from the government when they reach a particular age): · The government is considering linking the old-age pension to earnings.disability/invalidity pension British (=a pension given to someone who cannot work because they are ill or injured): · He retired from the force with a disability pension.· Martin still hasn't got his invalidity pension sorted out. pension planalso pension scheme British (=an arrangement to pay people a pension): · Is there a pension scheme where you work?draw a pension (=receive a pension, especially one from the government): · How long have you been drawing a pension?live on a pension (=when your pension is the only money you receive): · Living on a pension isn't easy you know. You really have to scrimp and save.
in the UK, money that the government gives to people who are ill, old, or unemployed. In the US, money from a government programme that workers pay into, which provides them with money when they are old or unable to work, or the programme itself: · Once I've paid for my rent and food, most of my Social Security is used up.· an increase in spending on Social Security and MedicareSocial Security benefits/payments: · The government faces strong opposition to its proposals to cut Social Security payments.be/live on Social Security: · How'd you find it, living on Social Security?Social Security number: · Can you write your Social Security number in the box please?
usually benefits American money that people receive from the government if they have no job, do not earn a lot, or are sick: · There are several benefits you can claim if you are unemployed.· You should find out about any benefits you're entitled to.housing benefit (=regular payments towards your rent): · Surely she'll be eligible for housing benefit?unemployment benefit (=regular payments to people who do not have a job): · If you were fired from your previous job, you may not be able to claim unemployment benefit.child benefit British (=regular payments made to mothers of children under 16): · Child benefit has been frozen for the last three or four years.be/live on benefit British: · Two-thirds of lone parents are on benefit.
American the money that is paid by the government to people without jobs: · The amount of money that the government spends on welfare has halved in the past decade.· Getting people off welfare and into paying jobs is a major national priority.welfare benefits/payments: · Annabelle stopped getting welfare benefits when her husband landed a minimum-wage job.be/live on welfare (=to be receiving money from the government): · Raising the minimum wage might make it more difficult for people on welfare to get a job.
money that someone receives regularly for a special reason, and that they do not earn by working: · Some students have an allowance from their parents.clothing allowance (=money for buying clothes): · Does your mom give you a clothing allowance?monthly/weekly/yearly allowance: · In exchange for looking after the children, Annie has all her meals paid for and receives a small monthly allowance.· I think my yearly allowance is about three hundred, you know, so I'm rapidly running out.
British /allowance American a small amount of money that children receive from their parents every week: · What do you spend your allowance on, Jimmy?· You'll pay for that vase out of your pocket money.
COLLOCATIONS FROM THE ENTRYverbs a household with an annual income of $60,000 Tourism generates income for local communities. a family with gross earnings of just £75 per week families existing on very low incomes He supplements his meager income by working on Saturdays. a programme to redistribute wealth from the rich to the poor
(also receive an income formal)· We have an income of over $100,000 a year.
· The properties he rented out provided him with an income.
(=provide one)· He decided to invest the money to generate an income for the future.
· She took on extra work to increase her income.
(=increase your income, for example by doing an extra job)· Ted supplemented his income by doing part-time work in the evenings.
· They saw their income rise considerably over the next few years.
· Average income fell by one third during this period.
ADJECTIVES/NOUN + income· He has a relatively high income.
· Rent takes a large chunk of their small income.
· Brian’s annual income is around £43,000.
· The report compares average incomes across different European countries.
(=the income of a country)· A large proportion of the national income comes from food exports.
· She works in a shop to supplement the family income.
(=your income after tax and necessary bills have been paid)· People spend a high proportion of their disposable income running a car.
(=income before you have paid tax)· The family’s gross income has increased by 5% this year.
(=income after you have paid tax)· He was left with a net income of just £80 per week.
(=the part of your income on which you pay tax)· Money received in rent is included as part of your taxable income.
(=that two or more people have)· Between them they have a joint income of less than £20,000.
· Average personal incomes rose by about 5% last year.
(=income from investments)· You will be taxed on your investment income.
income + NOUN· The tax rate rises with the individual’s income level.
(=income level)· In general, people in higher income brackets live longer.
(=tax that you pay on your income)· The standard rate of income tax is to be cut by 0.5%.
British English (=government controls on wages)· Government control of the economy must include an effective incomes policy.
phrases· His pension was his only source of income.
· You can buy insurance to protect you against loss of income if you are ill.
COLLOCATIONS FROM OTHER ENTRIES a household with an annual income of $60,000 (=coming into or going out of a place)· You have to dial 9 first to make an outgoing call.
Tourism generates income for local communities. a family with gross earnings of just £75 per week· The budget will affect people differently, according to their income group.
(=money that you earn from your investments)· The rate of taxation on investment income is set to increase.
· Wage levels had failed to keep up with inflation.
families existing on very low incomes He supplements his meager income by working on Saturdays. a programme to redistribute wealth from the rich to the poor (=the money left from what you earn after you have paid your taxes)
(=tax paid on money that you earn)· The rich should pay more income tax.
· The box was carried upstream on the incoming tide.
COLLOCATIONS FROM THE CORPUSADJECTIVE· The society raises about £250,000 a year from membership contributions - about a third of its annual income.· It has been reported in Fortune magazine that Oprah Winfrey has an estimated annual income of $ 40 million.· You might have to produce evidence of a sky-high annual income.· The big growth in fund investment seems to have come from baby boomer households with annual incomes above $ 50, 000.· Green party annual income is about £250,000 a year, and membership is currently rising.· They also are rising for blue-collar manufacturing and service workers and all households with annual incomes above $ 25, 000.· For a relatively prosperous family, spending on cooking probably drops to less than 5 percent of the annual income.· An Olympic title would yield $ 65, 000 in prize money, more than tripling his current annual income.
· Those who sit on the Treasury Bench make claims about average net income increases.· Between 1981 and 1986, real average personal disposable incomes fell by over 17 percent.· Allowing for this element means that the average income from farming per full-time equivalent may be about £9,000 perannum.· Pensions then were equivalent to two-thirds or more of average incomes of working-class adults.· There are four and a half million people earning above average incomes and therefore potentially vulnerable to Labour's tax squeeze.· We have to demand limitations on patents on vital products in countries where average incomes are below certain levels.· Consequently, she had to exist on an average income of £26 per week from an evening waitressing job.· The differences which remain are enforced mainly by differences in average income and in style of government.
· Between 1981 and 1986, real average personal disposable incomes fell by over 17 percent.· The percentage of disposable income spent at grocery stores and supermarkets has been declining since the 1970s.· In view of the high local disposable income, the potential for an evening dining-out market is clearly high. 4.· Older people have disposable income and leisure time, key factors in their willingness and ability to buy and use computers.· State welfare would be used towards this end, providing people with additional disposable income.· Table 8-8 shows the ratio of personal debt to disposable personal income.· The amount of income left over after deduction of this taxation is known as disposable income.· The heavily restricted Internet deals appeal to people with disposable income and flexible schedules.
· He didn't really approve of women earning a living, but the extra income would come in useful.· Landlords, for their part, can use the extra income provided by a small rent.· He's a retired accountant who is glad of the extra income.· And that extra income was certainly forthcoming during the Reagan years.· Why is there a special need for such extra income on the west coast?· The extra income also boosted the equity in his building by about $ 500, 000, he said.· An important priority is to ensure that extra income is spent on extra activity.· The extra income is not the only reason.
· Last year, she said, they paid more than $ 3, 000 in federal income taxes.· Politicians, sensing wide and profound dissatisfaction with the status quo, have proposed significant changes in our federal income tax.· Others have proposed replacing the federal income tax with something else entirely, such as a national sales tax.· Dole has proposed a 15 percent cut in federal income taxes.· At the local level? 3 Briefly describe the mechanics of the Federal personal income tax.· Experts say there is a good chance Congress will eventually convert the decades-old federal income tax into something else.
· Conversely, he knows that a drop in gross income will de-motivate.· Companies putting up factories at Subic can import goods for free and pay only a 5 percent tax on gross income.· Traditionally, management commission rates have ranged from 15 to 25 percent of the band's gross income.· The full deduction would be available for couples filing jointly with adjusted gross incomes of up to $ 100, 000.· In 1617 in Westmorland £710 gross was the income of a substantial landed family.· If adjusted gross income is high enough, large amounts of business expense deductions will be lost under this 2 percent formula.· Taxation Tin the circular flow has been interpreted as income taxation and is the difference between gross and disposable income.· The next example, gross household income, is taken from the 1989 family expenditure survey.
· This figure falls away to 12 percent for the highest income group.· As they buy those products, unemployed resources are employed, incomes rise, and with higher incomes comes more savings.· Increased spending on machinery represents higher incomes for those involved in manufacturing the machines.· It now also includes politically daring proposals to increase premiums for the very highest income beneficiaries and raise the Medicare eligibility age.· Men had higher incomes and savings than women.· The half with the highest incomes received 77 percent.· The aim is to achieve a high level of income with the prospect of long-term capital growth.· Clearly, if the return is constant, then the higher the income element, the lower the capital gain and viceversa.
· The introduction of local income tax would allow local authorities to undermine the budgetary plans of the Chancellor of the Exchequer.· He and his party advanced the idea of a local income tax based on ability to pay.· The Government are making a major error by dismissing local income tax out of hand.· The government's concern was with the level of public expenditure rather than with the relationship between grant and local income by itself.· The rates were incapable of bearing the burden in their view and they expressed cautious support for a local income tax.· It would appear that the objection to local income tax is political rather than practical.· The fame of his treatment spread, bringing four hundred visitors or so a year to swell the local income.· A local income tax, for instance, was never considered.
· However, if you are on a low income you may be entitled to help in paying this charge.· Mississippi has the lowest income per capita of any state, as well as the lowest hourly earnings for production workers.· Thus, lower rates will be payable if the income is paid to beneficiaries with low incomes.· With lower incomes, businesses and households will be forced to curtail their investment and consumption spending.· If you have a low income, please make sure you apply for Community Charge Benefit. 10.· Bridgeport families, with their low incomes, could not make plans for college educations for their children.· The danger is that the younger people with below median incomes actually have lower incomes than older people with below median incomes.· Some low income people may have reductions, as they do now with rates, probably through housing benefit.
· Taking the time-path to period t +12, we obtain a clearly damped, cyclical variation in real national income.· That means that the ratio of our debt to our national income is coming down.· Firms would find their inventories involuntarily building up and so would cut back production thereby reducing national income.· Column 3 shows in both absolute and relative terms the portion of the national income originating in the various industries.· The third-round effect of the increase in government expenditure will be a further increase of £16 million in national income.· Table 4. National income and the average propensity to consume in the United States, 1869- 1928.· Condition 1 Equilibrium in the goods market requires that aggregate demand should equal national income.· Consider the problems involved in using national income statistics to make international comparisons of living standards. 4.
· Those who sit on the Treasury Bench make claims about average net income increases.· In 1995, it had net income of $ 20. 2 million on sales of $ 139. 9 million.· A Yes - Please indicate on the application form your current net income.· In the 1994 fourth quarter the company reported net income of $ 623 million on revenue of $ 9. 25 billion.· Very few professional men then could expect a net income of £2,000 a year by the age of forty.· The bank reported fourth-quarter results that were in line with estimates, even though net income rose only 1 percent.· It is the net trading income which is deemed to be the income of the individual.· Last year, DuPont reported fourth-quarter net income of $ 646 million, or 95 cents a share.
· Texas has no company or personal income tax, and the former, at least, may soon be seriously discussed.· Specifically, the way ill which households disposed of their total personal income in 1988 is shown in Table 7-2.· The major Inland Revenue tax is personal income taxation whose yield is a quarter of total revenue raised.· There is talk of a personal income tax, a sales tax and a gross-receipts tax on reservation businesses.· Pensions have increased in real terms over the last twenty years, but not as fast as real personal disposable incomes.· Another is to increase the progressivity of the personal income tax.· They have not pumped up taxes; personal and corporate income taxes have remained at reasonable levels.· Other potential trouble spots for Forbes include his refusal to release his personal income tax returns, as Dole has done.
· Substantial private income augmented by vast salary and royalties from books Twittish behaviour: Pretty sound, by and large.· She will also consider pruning the number of royals who receive tax-payers' support - and paying tax on her private income.· It was to be revolution not on the rates but on a private income.· An ample private income allowed him time to indulge his tastes for writing, politics, and rowing.· Remembering the other woman's private income, Loretta made only a faint protest.· As I got up Terry looked at me as if I'd just announced I had a private income.· She had a small private income which was sufficient for her needs.· Mr. Waldegrave Total private patient income for 1989-90 was £92 million.
· Hence the position of those relying on pensions has deteriorated relative to those in employment with rising real incomes.· Increased real income provides us with an admirable detour around the rancor anciently associated with efforts to redistribute wealth.· Pensions have increased in real terms over the last twenty years, but not as fast as real personal disposable incomes.· Raising the minimum wage would ratchet up real incomes where disparities are at their worst and need is most clustered.· A rising real national income with a fairly constant capital stock will generally be associated with a fall in unemployment.· The increased productivity that results from invention raises the real incomes and spending power of those who benefit from the new technology.· The role of the financial system is to allow us to produce more goods and services to increase real income.· Even those who had jobs found their standard of living and their real income dropping.
· Probably the greatest number were always corn mills, those more distant being used to provide a steady income.· Maybe you are heading toward retirement and therefore need investments that can provide you with a steady income.· A steady income stream is required to meet the costs of the syndicated lending department.· The more steady income, the more stable the return even as markets fall.· The only ones with a steady income were teachers, storekeepers and local officials.· Installment arrangements work best when the taxpayer has a steady income.· And we receive a steady income from interest on Third World debts.
· This sum is then included as part of a claimant's taxable income during the relevant tax year.· What marginal tax rate applies to taxable income which falls between $ 16, 000 and $ 20, 000?· A maximum of two percent relief is allowed against his or her entire taxable income.· All residents would pay 2. 5 percent of taxable income -- but not less than $ 50 a household.· The benefit counts as taxable income, but it is not means-tested and there are no National Insurance contribution conditions.· Multiply the result by 17 percent, the rate that Forbes would apply to all taxable income.· The cardinal rule is: only register if your taxable income is less than your tax allowances.· Thus, $ 75, 000 of taxable income would be taxed more highly to an individual than to a corporation.
· In 1981 it had a total income of 171 million pounds for the whole year.· Labor income was about 80 percent of total national income.· That amounts to a total yearly income of £3,179.80.· The average tax rate is the total tax paid divided by total taxable income.· It is £2,265 for the full grant and £420 for the student loan - in total a yearly income of just £2,685.· Here total income is distributed according to the function performed by the income receiver.· In the case of a normal life interest trust the trustee expenses will reduce the taxpayer's total income.· They received, none the less, 2-percent of total income.
NOUN· The problem is more of income distribution than of a failing in the technical working of the credit market itself.· Despite these potential distortions, certain conclusions can be drawn about global income distribution.· However, when considering income inequality, it is the income distribution among individuals that has emerged as most useful.· However, the income distribution within the rural sector seems to have deteriorated.· The measurement of income distribution Official statistics measure income in a variety of ways.· It will be noted that this ignores altogether the important question of income distribution.· The effect of the changes in the patterns of taxation and public spending was to accentuate an underlying inequality in income distribution.· The table shows the composition of the bottom 10 percent of the income distribution according to type of family.
· Pessimism is especially high among baby boomers, with twice as many expecting family income to drop this year as last.· The median family income of blacks is just 56% of that of whites.· For nearly a third of those, the payments commanded more than a fifth of the family income before taxes.· It is also tough, hard working, loveable, helps earn the family income and we can't live without it.· The result is that they hang around the city and most family incomes are supplemented by crime of one sort or another.· The result is that family income has soared at the top and fallen at the bottom.· The lifetime perspective is extended by building simulation models of individual and family income over time.
· But this was not just the effect of slower markets and smaller volumes on commission and fee income.· The offices on the mainland also saw their fee income fall, although not to the same extent.· For a small firm of solicitors in a market town, conveyancing has accounted for about half of all fee income.· Expressing such views requires courage because it would appear to be taboo to talk about protecting fee income.· A better overall service should be offered with, hopefully, an accompanying increase in fee income.· Corporate finance and privatisation, in particular, did well, increasing fee income by 19% to £16m.· Employment Earnings, fee income and profit margins are not the only parameters by which liberalisation can be assessed.
· All the studies have shown that there is a redistribution of income from the higher to the lower income groups.· Most others would be unable to do this, and the education market would segregate by income group.· This figure falls away to 12 percent for the highest income group.· Lower income groups use more physical aggression.· They, therefore, form a smaller share of total income for the highest income group.· Essentially three loan packages are available for different income groups.· Grossman's analysis offers a more analytical treatment of why rational economic behaviour would require higher participation by higher income groups.· This is true across all age and income groups.
· They were also more likely to have had more than a high school education and tended to have a higher household income.· It is accessible because it is affordable for those with average and reliable household incomes.· Median white household income is $ 52, 829, while black household income is $ 60, 450.· In income, approximately two-thirds of the total household income before tax comes from wages and salaries.
· This also produces interest income in the form of swap premiums.· Request a copy of your Social Security and or pension earnings, and calculate any interest income.· Higher production, higher oil prices and increased interest income all contributed to this improvement in performance.· Net interest income in the fourth quarter rose to $ 632. 1 million from $ 616. 6 million.· Group income is better measured by the inclusion of dividend and interest income.· Net interest income fell 1. 8 % to $ 363. 7 million.· This translates into a gain of just 1% pre-tax because heavy capital expenditure swallowed up last time's £18m interest income.· That could quickly wipe out your entire annual interest income of $ 15 to $ 20.
· A flat tax, which eliminated tax on investment income, might.· Individuals would not pay taxes on interest or investment income, and businesses could not deduct the cost of fringe benefits.· We have sought to encourage savings by abolishing the investment income surcharge and by introducing tax-exempt special savings accounts.· But the key difference, according to Buchanan and Gramm, is that investment income would not be taxed under Forbes.· Sun Fire around 1800 had an investment income of £30,000 perannum compared with underwriting profits of £12,000.· At that depressing time, you would not want your investment income to fall as well.· About a third of these costs are met by the Church Commissioners, who generated investment income of £140.8 million in 1989.· His plan would tax interest and other investment income at the same 16 percent.
· It can be seen that the lone elderly had the lowest median income levels and also the most restricted range of income.· The middle class, as measured by the percentage of households at each income level, is fading.· If this is not accommodated by capital inflows there will be downward pressure on income levels and subsequently increased unemployment.· Clinton called for uniform educational standards without regard to income level.· Councils will set rents at a reasonable level, reflecting income levels in the different regions and localities.· The following computations are based on both general assumptions about all families and specific assumptions about families at specific income levels.· From these profiles it will be established which, if any, indicators most clearly differentiate between groups at different income levels.· Some one else must shout warnings about the growing gap between income levels in this nation.
· Nor do they include old favourites like industrial subsidies and incomes policies.· What is the logic of a so-called incomes policy?· The underlying fear was that if we accepted any connection we would be back to the world of incomes policy.· In later chapters I shall make some comments on the importance of incomes policy in the development of the socialist project.· Because the government abandoned any formal incomes policy there was less call for it to maintain close relations with union leaders.· So that is the sense, in which I am proceeding to consider incomes policy.· On occasions, wage pressure exploded in very sharp increases, especially where it had previously been compressed by incomes policies.· Governments responded to the profits squeeze and loss of competitiveness by deflation and incomes policies.
· In return for the lenders' initiative, the Government agreed to pay lenders directly the mortgage interest for unemployed borrowers receiving income support.· Only one other person lives in the house, his son who is on income support.· The report makes a recommendation about the assessment of claims for income support, and the payment of such support.· Because she has already got £70 of her own money, she will actually get £42.55 income support.· A switch from price support to income support comes dear.· These covered pensions, income support, housing benefits, a family credit system and the social funds.· Of all children in families on income support, 62 percent are in lone-parent families.· Since April 1988 this has been replaced by income support.
· An ability tax, not an income tax?· Bush has said absolutely no to an income tax.· The income tax assessment should be made separately on that person in respect of the business.· Separate versions of the software also are available at an additional charge to help you prepare your state income tax return.· The rates were incapable of bearing the burden in their view and they expressed cautious support for a local income tax.· Forbes' platform makes sense in a state on a mission to eliminate the income tax and substantially reduce the property tax.· But you can do that without assaulting the income tax.· He soon became a Republican, and he finally spent time in prison for income tax evasion.
VERB· Under the supplementary benefit system, single parents could earn additional income and only part of this was offset against their benefit.· The ideology of the global market is built on the assumption that every country will earn most of its income from exports.· There are four and a half million people earning above average incomes and therefore potentially vulnerable to Labour's tax squeeze.· A spouse earning equal income who is left with dependent children to both support and to care for can be seriously disadvantaged.· You do not need to be an accountant to know that once you stop earning your income will drop.· The 1986 Tax Reform Act ended the differential taxation of earned income and capital gains.· Frank Holden has earned no income from the Bank for the best part of two years.· In addition, she allegedly claimed an earned income credit of $ 323 on the basis of his fictional dependent.
· They pay a fixed income each year and promise to pay investors a set sum on a set date in the future.· Reports showing heartier growth will weaken investors' appetite for fixed-income securities, he said.· Lower yields on fixed income securities make equities more attractive than money market instruments for many investors, analysts said.· During the year the bank actually had 12. 18 billion pesetas in capital gains from its fixed-income portfolio.· A cool economy keeps inflation from eating into the value of fixed-income securities.· The fund manages about 9. 5 billion pounds in fixed-income securities.· There were alarming reports that retired persons on fixed incomes were on the brink of being taxed out of their homes.
· One major consideration in its introduction was an attempt to generate income from schools.· This blending of urban and wildlife environments could generate income, Galvin explains.· A £12,000 investment would generate an annual income of £882 for taxpayers.· On the production side, however, capitalism generates great Inequalities of income and wealth.· Bills, while being a relatively liquid asset, generate some income for a bank.· City officials seem more interested in generating more income for the General Fund than in improving playing conditions.· As is to be expected such loans are liquid and generate income.· Full-time work at $ 5. 00 an hour generates an annual income of approximately $ 10, 000.
· If you get it right, then quality, innovation and service are all rewarded with increased income.· Faced with a persistent excess of expenditure over income, they may cut student numbers or they may increase income.· Both noninterest income and noninterest expense increased.· It should be pointed out that despite increasing income concentration, there has been a general improvement in the quality of life.· Taking the charge more slowly increases net income and makes a company look more profitable.· Again, we can expect long-term influences such as increasing income and wealth to cause a rightward shift of the demand curve.· This procedure, known as the capitalization of costs, also increases net income.
· As more than half the population do not pay income tax this is at best only a half-truth.· It pays 5 percent of income to its seven customer states in lieu of taxes.· They pay a fixed income each year and promise to pay investors a set sum on a set date in the future.· And he never paid a dime of income tax on it.· A couple with two young kids starts paying on income over £69.70.· But your doctor bill should be paid like your income tax, according to what you have.· They are paid by manufacturers and traders, which are obviously fewer in number than the total of individuals paying income tax.· Taxes would be paid only on income earned above the exempted amount.
· Many employees run private pension schemes, but often these won't provide enough income to give you a really comfortable lifestyle.· Relatives could visit her there, it was full of memories, it provided her with an income.· Probably the greatest number were always corn mills, those more distant being used to provide a steady income.· This would counter rural-urban migration as well as improve living standards and provide a cash income.· The health service has genuinely noble ideals: it provides excellent treatment irrespective of income.· The households expend their resources on goods and the firms provide the households with income as they pay for productive resources.· It led to a vast improvement for everybody in Baldersdale because it provided a regular income.· The majority of fathers have primary responsibility for only one of the 13: providing income.
· In return for the lenders' initiative, the Government agreed to pay lenders directly the mortgage interest for unemployed borrowers receiving income support.· Similarly, those who possess-by virtue of hard work or easy inheritance-valuable capital and land receive large property incomes.· She is a bit upset that she has had to wait almost a year before receiving any income.· Example Mr Smith receives income support so he pays 20% of the community charge.· And we receive a steady income from interest on Third World debts.· Emma could go on receiving the income from the annuities.· The amount you receive depends on your income and the level of rent and rates you pay.· It is growth which ensures that women as well as men receive income.
· Public policy should redistribute income and subsidise, if not deliver directly, essential services such as education and health.· Ethically, it is impossible to redistribute income intentionally in a developing country to see if civil strife erupts.· The Conservatives' taxation and benefit policies have redistributed income from the poor to the rich.· Not quite so obviously, they want to redistribute income from those with more to those with less.· An alternative is that in which government takes much greater action to redistribute income.
· To put it another way, reducing income tax will increase people's capacity to afford more leisure.· Time is a major factor in reducing the discrepancies among income classes.· President Clinton and Congress, however, have no intention of reducing either income or investment taxes.· The railroads were regulated to prevent the owners from using their monopoly power to reduce the incomes of their middle-class customers.· If a charge is made to some one on income support, this reduces the income available to pay for basic necessities.· Many high-income people can reduce their income tax liabilities very substantially by availing themselves of this loophole.· In addition the government would be more able to pursue policies designed to rescue collapsing firms and to reduce regional disparities of income.· The Internal Revenue Service has estimated that tax evasion may reduce personal income tax revenues by as much as 20 percent.
· But Table 16-2 shows that marginal tax rates also rise with income.· Similarly, rising incomes may cause the demands for hamburger and margarine to decline as wealthier consumers switch to hones and butter.· The average tax rate now rises sharply with income.· By definition, a tax whose average tax rate rises as income Increases is called progressive tax.· Hence the position of those relying on pensions has deteriorated relative to those in employment with rising real incomes.· With debt levels rising and incomes barely growing, consumer spending is bound to slow, he said.· The second row of Table 16-1 shows that government spending on transfer payments has also risen faster than national income.· Increased output has enabled most NICs to experience rising percapita income and a gradual reduction in poverty within their societies.
· As coastal fisheries have become less profitable through overfishing, more fishermen have taken to killing small cetaceans to supplement their incomes.· And the symphony relies on the opera to supplement incomes for more than half its 81 players.· All too often the soldiers had to be allowed to supplement their income in a manner reminiscent of the streltsy.· A.. The answer depends on whether you plan to draw on this money to supplement your retirement income.· Traders and other private entrepreneurs also signed up in order to supplement their unregistered incomes.· And Susan had a good hourly job to help supplement our income.· In London Rixi worked as a translator for the Red Cross, supplementing her income with her winnings at rubber bridge.· Critics have charged Sniffen with setting up the center to supplement his income and create a job for himself.
PHRASES FROM OTHER ENTRIES
the money that you earn from your work or that you receive from investments, the government etcon an income- Dataquest said only 12 percent in this income bracket owned computers.
- In addition they estimated the implied income tax brackets associated with each dividend payout level.
- It's all to do with the £19,250 tax bracket and engines below 2 litres.
- Jack Kemp would have to recommend that tax brackets be compressed to as low as 10 percent to dull their allure.
- Name the ethnicity, tax bracket or wardrobe, and they were there in full force.
- The key is, does your tax bracket justify buying munis?
- Together, that amounts to an annual tax saving of up to £1,000, compared to cars in a higher tax bracket.
- Why should you and I be in the same tax bracket as Steve Forbes?
- Additional effects are found from the growth in nominal income which is associated with an increase in own-country relative returns.
- Also barred would have been gifts, except for items of nominal value, such as shirts or mugs.
- However low nominal rates of interest go, they still remain positive in real terms.
- The nominal rate of interest has two components.
- The nominal value is meaningless and may be misleading, except in so far as it determines the minimum liability.
- The accumulated fund represents the nominal value of the net assets of the Law Society valued at historic cost.
- The box, with a nominal value of £5, was for the Anthony Nolan Bone Marrow trust.
- The mean underwriting fee was 1.4 percent of the issue's nominal value.
- A steady income stream is required to meet the costs of the syndicated lending department.
- And we receive a steady income from interest on Third World debts.
- He appears to have given up steady work.
- I wish he had taken up some steady work.
- Maybe you are heading toward retirement and therefore need investments that can provide you with a steady income.
- Sethe was laughing; he had a promise of steady work, 124 was cleared up from spirits.
- She chooses whatever is available, probably a slightly older man with no more money but a steady job.
- The only ones with a steady income were teachers, storekeepers and local officials.
- But the most striking anomaly of Labour's plans is the way it treats millionaires living off unearned income.
- Capital gains, dividends and other unearned income would not be taxed.
- No cash, just credit cards, and a guaranteed unearned income.
- Private productive property provides massive unearned income, and also frequently forms the basis of economic power.
People on higher incomes should pay more tax.income from income from savings and pensions low-income families► see thesaurus at salary → private income, unearned income at unearnedCOLLOCATIONSverbshave an income (also receive an income formal)· We have an income of over $100,000 a year.provide an income· The properties he rented out provided him with an income.generate an income (=provide one)· He decided to invest the money to generate an income for the future.increase your income· She took on extra work to increase her income.supplement/add to your income (=increase your income, for example by doing an extra job)· Ted supplemented his income by doing part-time work in the evenings.somebody’s income rises/increases/goes up· They saw their income rise considerably over the next few years.somebody’s income falls/goes down· Average income fell by one third during this period.ADJECTIVES/NOUN + incomea high/large income· He has a relatively high income.a low/small income· Rent takes a large chunk of their small income.somebody’s annual income· Brian’s annual income is around £43,000.the average income· The report compares average incomes across different European countries.the national income (=the income of a country)· A large proportion of the national income comes from food exports.family/household income· She works in a shop to supplement the family income.disposable income (=your income after tax and necessary bills have been paid)· People spend a high proportion of their disposable income running a car.gross income (=income before you have paid tax)· The family’s gross income has increased by 5% this year.net income (=income after you have paid tax)· He was left with a net income of just £80 per week.taxable income (=the part of your income on which you pay tax)· Money received in rent is included as part of your taxable income.a joint income (=that two or more people have)· Between them they have a joint income of less than £20,000.somebody's personal income· Average personal incomes rose by about 5% last year.investment income (=income from investments)· You will be taxed on your investment income.income + NOUNan income level/group· The tax rate rises with the individual’s income level.an income bracket (=income level)· In general, people in higher income brackets live longer.income tax (=tax that you pay on your income)· The standard rate of income tax is to be cut by 0.5%.incomes policy British English (=government controls on wages)· Government control of the economy must include an effective incomes policy.phrasesa source of income· His pension was his only source of income.loss of income· You can buy insurance to protect you against loss of income if you are ill.