SALEM Ore. (KPTV) – A proposed Oregon bill would provide homeless people and low-income people with $1,000 per month for a year. The Department of Human Services would administer the People’s Housing Assistance Fund Demonstration Program, which would provide 12 …
$2,121,987,000,000: Federal Tax Collections Set Record Through March (CNSNews.com) – The federal government collected a record $2,121,987,000,000 in total taxes through the first six months of fiscal 2022 (October through March), according to the Monthly Treasury Statement. This also marked the …
Top earners in New York City could face a combined city, state and federal income tax rate of 61.2%, according to plans being proposed by Democrats in the House of Representatives. The plans being proposed include a 3% surtax on …
Sen. Bernie Sanders’ $6 trillion budget included $120 billion for state and local tax relief over five years. The provision boosted hopes in high tax states that the $10,000 cap on state and local tax deductions would be lifted. However, …
New York lawmakers are closing in on a state budget deal that will likely increase taxes on top earners and big businesses by billions of dollars — a move which would make wealthy New Yorkers fork over the highest taxes …
by DCG I wonder how much of his $450 million net worth he’s given away to address income inequality? From CNBC: Facebook co-founder Chris Hughes thinks the government should give cash handouts to people with the lowest incomes in order to fight income inequality. And he …
by howmuch What does it mean to be rich? An oft-cited study from a few years ago suggests that money does in fact buy happiness—to a point. Earning an annual income of $75,000 is directly correlated to personal fulfillment, but earners above …
by John Whitaker, NEE According to the Tax Foundation, the Top 50 Percent of Earners Pay 97.2 Percent of All Income Tax A new report from the Tax Foundation shows that the top 50 percent of earners pay 97.2 percent of all individual …