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3 mins read

Support like child tax credits and basic income reduces child abuse, researchers found

Doctors found that giving financial support to low-income families could lower rates of child negle…

Allie Kelly   


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2 mins read

Donald Trump reportedly wants to raise tariffs to pay for tax cuts

Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…

Filip De Mott   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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4 mins read

A Bay Area county gave low-income moms $1,000 a month. 2 years later, more families had stable housing and new jobs.

Marin County, California gave 125 low-income mothers of color $1,000 a month for two years. Familie…

Allie Kelly,Noah Sheidlower   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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2 mins read

Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…

Theron Mohamed   


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4 mins read

People are getting taxed for gig work they've never done

Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …

Alex Bitter   


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2 mins read

How much Bill Gates pays in property taxes on his pricey real estate portfolio

Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…

Madeline Berg   


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2 mins read

The Biden administration wants to quadruple taxes on stock buybacks

Goldman Sachs estimates there will be a record $1 trillion worth of corporate stock buybacks in 202…

Matthew Fox   


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2 mins read

Here's what Mark Cuban's $275.9 million in taxes would cover for the US government

Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…

Erin Snodgrass   


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2 mins read

Mark Cuban says he's proud to pay $288 million in taxes this year, unlike a certain former president

"This country has done so much for me, I'm proud to pay my taxes every single year," Cuban wrote on…

Kwan Wei Kevin Tan   


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2 mins read

Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…

Kenneth Niemeyer   


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2 mins read

Americans' growing wealth points to a boom in a tax-exempt corner of the bond market

Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…

Yuheng Zhan   


Juliana Kaplan,Ayelet Sheffey   


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2 mins read

5 ways to lower your portfolio's tax bill as government debt bites, BofA says

The end-game to America's $34 trillion pile of debt is either higher taxes or higher inflation. Her…

Matthew Fox   


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2 mins read

The IRS's free tax filing system is officially open. Here's everything you need to know.

The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…

Allie Kelly   


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5 mins read

Why Republicans are fighting the basic-income programs many cities and states are adopting: 'Is money a birthright now?'

Republican lawmakers from five states are seeking to ban guaranteed basic-income programs, citing c…

Noah Sheidlower,Allie Kelly   


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8 mins read

Exclusive: Hunter Biden's tax returns

Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …

Mattathias Schwartz   


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4 mins read

A new Houston-area basic income program sending out $500 a month to residents with no strings attached had an acceptance rate lower than Harvard or Yale

Uplift Harris, a guaranteed income program in Texas, accepted just over 2% of applicants, or nearly…

Noah Sheidlower   


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5 mins read

The gig economy, overemployment, and job switching have made it easier than ever to boost your income. But those strategies aren't always worth it.

It can feel like there are more ways than ever to bolster your bank account. But the income boost m…

Jacob Zinkula