There's a simple explanation for the prominence of the Social Security scare stories. There is a lot of money behind it. The 1 percent types, who have benefitted from the upward redistribution of the last three decades, find it very useful that national debate focus on $1,300 a month Social Security checks rather than the policies that made them incredibly wealthy.
With income and capital gains taxes on the rise, and interest rates as low as they are, it is more important than ever to achieve sufficient after-tax cash flow and keep the tax man at bay.
It used to be if you worked for a company for 20 or 30 years you would retire with a pension and health care. For the rest of your life. It was the de...
On St. Paddy's day in the United States, it is common for a beer (or two or three) to be consumed. But how much that beer costs might vary state to state.
When you buy a six-pack at the store or a round at the bar, not all the money you pay goes to the brewery or the distributor. There's a tax on that br...
In order to address North Carolina's economic inequality, policy leaders ought to adopt an integrated approach to economic development.
While New York City is home to some of the wealthiest people on the planet, basic human services, transit and infrastructure remain underfunded.
We need to be reminded that affordability is not simply a function of cash flow, but a price and expected value consideration, after all.
How you ask a question often decides a discussion. If you ask persons on the street whether they would prefer to increase taxes on the rich or cut tax subsidies for the rich, the chances are that you will get far different answers even though the economic effect is the same.
Illinois is one of nine states with flat-rate income tax. There are 34 states that use a graduated income tax system in which the percentage of income tax owed goes up with a taxpayer's income. Seven states, meanwhile, have no income tax.
Becoming divorced causes you to have to rethink many tax issues. With the deadline for filing federal income tax returns fast approaching, it might be good to be reminded of how the government treats the dependency exemption in an ended marriage.
The credit is over 30 years old, but has never been made permanent and, over its many renewals, new rules and regulations have been tacked on.
Today's Top 10 is dedicated to the not-so-optimistic commenters who sounded off on our previous list.
I don't know about you, but I sure would like to be "better off." Ten and a half million U.S. workers are unemployed and many of those have been sear...
The top three tax scams in the IRS "Dirty Dozen Tax Scams for 2014" are Identity Theft, Telephone Scams, and Phishing.
While news outlets don't just invent numbers on the budget, it would not be much of a change for the worse if they did. The news stories that we saw following the release of President Obama's budget followed the same practice we have seen in budget stories for decades. They threw very large numbers at readers that no one understands.