President Nikos Christodoulides has stated repeatedly that the proposed tax reform will “aim at reducing the tax burden on families and working people, modernising the economy, and encouraging ...

See the most recently available median household income figures for all 50 states plus Washington, D.C., and Puerto Rico, as well as the U.S. average.

Indexing gains to inflation “would really codify the notion that income taxes are only for people who work for a living,” ...

What would happen if billionaires paid taxes at the same rate as the middle class? The answer reveals some surprising truths ...

Donald Trump’s Big Beautiful Bill is an ugly policy that will punish the poorest, worsen inequality, and blow up the national debt.

Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.

The Republican tax bill is set to worsen inequality, government data shows. It’s part of a 50-year trend that’s affecting the ...

During academic year 2024-25, the NBER is providing fellowship support for graduate students studying the economics of aging and health, behavioral macroeconomics, and consumer financial management.

The rising senior, who hails from rural Kentucky, is running with a focus on financial security for both New Haven residents ...

American babies born in the next three years are set to receive $1,000 as part of investment accounts that will be set up under the Republicans' sweeping tax and spending bill. But experts say parents ...

Parents can contribute up to $5,000 per year, post-tax, and their employers can contribute up to $2,500. While experts say there's no downside to taking the $1,000 in seed funding, there are ...

While it may not be surprising to know that income inequality exists in America, a new report reveals that it ...