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This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'
Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…
Hayley Cuccinello
Rs 782.26 crore distributed to 12.72 lakh ineligible beneficiaries under KALIA scheme: CAG
The scheme was launched in December 2018 to provide financial assistance to farmers, landless agric…
PTI
Judge halts $500 monthly basic income payments for low-income St. Louis families after conservative challenge
A judge sided with conservatives in a legal challenge to a St. Louis basic income program that give…
Kenneth Niemeyer
Vinod Khosla says universal basic income may be needed as AI takes over jobs and drives wealth disparity
Investor Vinod Khosla predicts AI will handle 80% of work in 80% of jobs. That could drive a need f…
Tim Paradis
Oregon businesses are spending millions to oppose a ballot measure that would give every resident a $1,600-a-year basic income
Oregon businesses have spent millions to oppose a ballot measure that would establish a corporate t…
Kenneth Niemeyer,Katie Balevic
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…
Lakshmi Varanasi
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
I'm a former JP Morgan exec who now works to distribute basic income payments to those in need. Here's why I do it.
Wole Coaxum left his high-level job at JP Morgan to start a B Corporation that distributes guarante…
Katie Balevic
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
Artists in New York got $1,000 monthly through a basic income program. One participant used the money to pay bills and afford healthcare.
Jacinta Bunnell, 52, received guaranteed basic income from Creatives Rebuild New York. The program …
Allie Kelly
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
Houston's basic-income participants plan to spend the $500 a month on rent and groceries but the Texas Supreme Court temporarily blocked the program
Some Houston residents are set to start getting $500 a month in basic income for housing and grocer…
Allie Kelly,Noah Sheidlower
Meet the American middle class
So who is in the middle class? Broadly, Pew Research Center defines middle-class households as maki…
Juliana Kaplan,Madison Hoff
We cannot properly tackle the climate crisis without addressing our socioeconomic inequalities first: experts
Limited wealth, political influence, access to public transport, and even free time — these factors…
Texas AG sues county over Houston-area guaranteed income program giving participants $500 a month no strings attached
The Texas Attorney General's office sued Houston's home county over its Uplift Harris guaranteed in…
Noah Sheidlower
Sacramento has approved a plan to give low-income Black and Native American families $725 a month, no strings attached
Sacramento County officials approved the guaranteed-basic-income program as part of a plan to addre…