income – News Stories About income - Page 4

Sep 1, 2007 4:01 AM CDT

10 Taxes That Sneak Up on You

Sometimes the government can get downright clever when it comes to taking your hard-earned money.

(Newser) - You don't have to be a fool to part with your money. Forbes gives you the 10 hidden taxes that cost you the most.

Gasoline tax
Cigarette tax
Sugar "tax"

US Poverty
Rate Dips, but
Uninsured Swell

Aug 29, 2007 4:30 AM CDT

US Poverty Rate Dips, but Uninsured Swell

Income inequality reaches all-time high

(Newser) - The US poverty rate has finally taken a downturn for the first time in 10 years, census figures show. The poverty rate was 12.3% in 2006, down from 12.6% the previous year, and annual household income rose to $48,200. But the news isn't all rosy: the number...

Consumer Confidence Rises

Jul 31, 2007 4:18 PM CDT

Consumer Confidence Rises

Shoppers buying again after June slump

(Newser) - Consumer spending rose more than expected this month, to its highest level in 6 years, after shoppers tightened their belts in June, Bloomberg reports. Consumer confidence jumped 7.3 points according to a Conference Board index, suggesting the slump was temporary. Economists chalk up the spending jump to low unemployment...

Top Executive Salaries Soar

May 25, 2007 8:00 AM CDT

Top Executive Salaries Soar

Gap between the CEO and the cubicle is wider than ever

(Newser) - The top bananas of the corporate world are taking in more income in relation to their immediate subordinates than ever before, the Times reports. Wealth is concentrating among the business elite but staying somewhat stagnant among more middling execs—the average gap between #1 and #3 has more than tripled...

Men No Longer Doing Better Than Their Fathers

May 25, 2007 7:03 AM CDT

Men No Longer Doing Better Than Their Fathers

Study shows American men in their 30s earning 12% less than dads did study,

(Newser) - American men in their 30s are doing worse than their fathers did financially, a change from just 10 years ago and a reversal of the expectation that each generation will exceed the success of their parents. In 2004, the median income for a man in his 30s, adjusted for inflation,...

Tax Code Spurs Llamapalooza

Apr 5, 2007 9:29 AM CDT

Tax Code Spurs Llamapalooza

The upper crust is using alpaca farming as a huge tax write-off

(Newser) - Some very ulikely agrarians—doctors, lawyers, computer programmers—have spurred a huge boom in alpaca farming in the last few years, not for the profits, of which there are rarely any, but for the huge tax write-offs. "What can't I write off?" Manhattanite Rob Bruce says. "I write...