No break for middle class

No break for middle class

Save for a slash in income tax, there is no respite in this year’s budget for the penny-pinching middle class. Their expenditures will continue going up even as the global pandemic and resulting recession hits their incomes and slashes their jobs.

This January, two things happened for Nabil*. He got married and started a new job as a merchandiser at a large apparel company. This wasn’t his first job — he has five years’ professional experience and holds a graduate degree in the field.

Three months later, he — along with dozens of others — was terminated as the apparel company […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.