Where can the middle class afford to buy a home today? Affordability has worsened in the past year, as home prices have climbed faster than incomes and mortgage rates have risen. But compared with the longer-term past, homeownership still looks relatively affordable:
His state veered hard to the right on tax policy, and as a result its economy has underperformed the rest of country, and his budget is in shambles.
Just this past week, disturbing reports came in about the ongoing violence around the world, and the genocidal violence now taking place in the Central African Republic. As a guest of the State Department, I recently visited Cambodia and later traveled to Vietnam, and was reminded of the tragic history of genocide in the region.
You can retire on social security and live a nice life. What? I thought that was impossible? Yes, it really can be done. I'm not advocating that you do this but the reality is that many people are facing this scenario.
Just because you incur expenses for business reasons doesn't mean that they automatically qualify as deductible. The Internal Revenue Code stipulates ...
Tea Party groups have evolved over time. Initially, they were supposed to be grassroots, libertarian, and spontaneous; but there were many who almost immediately attempted to grab the Tea Party mantle and turn it into their own giant political machine.
You pay taxes to the state every year. It's our duty as citizens to open the checkbook and give to Illinois, along with local governments and the federal government. But at the state level, what exactly are your tax dollars going for?
The idea was not the redistribution of wealth but the protection of the ability to earn a decent living through the power of knowledge. Unfortunately, all these ideas soon lost their prominence to a more salient war: Vietnam.
Americans agree economic inequality has grown, but don't agree on why. That's according to a new Pew Research article that gives varying reasons. A closer look into what those polled on the issue said reveals these are more excuses rather than reasons.
Since Social Security plays such a big part in people's lives, you'd think we'd have a better idea about how it all works. But on the contrary, a lot of folks don't fully understand their benefits or, more importantly, how to maximize them.
Well, April 15th has come and gone, and tax season is over ... which means you now have other things to worry about. One of the most troubling issues?...
For some folks a SNAFU is not a problem, it's a business opportunity. In fact, a whole economy has grown up around profiting from things that don't work right. Once you start looking for it, you can find it everywhere.
This unfair, freeloader-encouraging formula is exactly what it means to leave society's beneficial, essential projects to charity. The only hope for a fair formula is to require contributions. That is why the Torah funds the safety net for the needy by required contributions.
By Pascal Saint-Amans Following the financial crisis in 2008, millions of citizens faced hardship as they set about repairing the damage done to th...
The House Ways and Means Committee is expected to begin considering a proposal tomorrow to make permanent a group of heavily lobbied corporate "tax ex...
Oligarchy has always seemed far away to Americans. We readily invoke the term for Russian billionaires or robed senators in ancient Rome. But that is changing as we grapple with extreme economic and political inequality much closer to home.