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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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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic   


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2 mins read

The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims

According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…

Filip De Mott   


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2 mins read

Trump's plan to tax the entire world will result in the type of global trade war not seen since the Great Depression, think tank says

"The Trump plan is for increased tariffs on all products from all countries. It is not just America…

Filip De Mott   


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2 mins read

Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state

The millionaires tax in Massachusetts beat estimates by bringing in $1.8 billion so far, helping th…

Cork Gaines   


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1 min read

Here are the 10 states where the middle class pays the most in taxes and the 9 states where they pay no state income tax at all

For example, Tennessee (ranked No. 24), Texas (No. 21), and Washington (No. 5) are in the top half …

Cork Gaines   


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1 min read

10 states that have the lowest tax burden on the wealthy and the 10 with the highest

Here are the 10 states where wealthy residents pay the highest percentage of their income on state …

Cork Gaines   


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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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4 mins read

A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks

The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…

Cork Gaines   


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5 mins read

A couple who achieved financial independence and retired in their 30s shares their $280,000 a year budget raising 2 kids in San Francisco

Sam Dogen and his wife, both of whom retired in their mid-30s, share how they budget their money to…

Noah Sheidlower   


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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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8 mins read

America's way of measuring poverty is stuck in the 1960s. Here's how we can fix it.

Many Americans are struggling financially but don't qualify for aid because they technically make a…

Juliana Kaplan,Noah Sheidlower,Allie Kelly   


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5 mins read

Welcome to the age of geriatric millionaires

Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…

Juliana Kaplan   


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3 mins read

As the heat goes up this summer, so do cooling costs

The average cost to cool homes could be $719, a nearly 8% increase from the same period last year.

Catherine Boudreau   


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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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4 mins read

What it's like to live with just $23 a month in SNAP benefits: 'It barely covers one meal.'

Mary Dacus and her husband Stephen receive $23 a month in SNAP benefits. They are one of 40 million…

Allie Kelly,Madison Hoff   


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4 mins read

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…

Jennifer Sor   


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3 mins read

A millennial who used a gig app to work in retail explains why he's never using it again

A worker who used a gig app to get shifts in retail said that those types of jobs aren't for everyo…

Alex Bitter   


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4 mins read

A boomer couple who retired early to Colombia explains their 'exit strategy' and how much they now pay in monthly expenses

John and Susan Pazera said moving abroad was the only way they could have an early retirement.

Ayelet Sheffey   


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2 mins read

With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report

Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…

ANI