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3 mins read

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…

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2 mins read

Something Harris and Trump can agree on: Tips for service workers should not be taxed

Both Vice President Kamala Harris and former President Donald Trump favor ending taxes on tipped in…

Katie Balevic   


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Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment

Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…

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2 mins read

Warren Buffett once told Barack Obama the wealthy should pay more tax — and that his wealth is partly down to luck

Warren Buffett complained he shouldn't pay a lower tax rate than his secretary, called out wealth i…

Theron Mohamed   


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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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Lawsuit alleges Cecile de Jongh, former first lady of the US Virgin Islands, earned $200,000 a year on Jeffrey Epstein's payroll

A new lawsuit filed against Virgin Island officials and former USVI First Lady Cecile de Jongh came…

Sebastian Cahill,Katherine Tangalakis-Lippert   


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2 mins read

Retirees have just 13 years left of full Social Security checks if Congress doesn't step in

Medicare's ability to keep paying out full hospital benefits is running dry in only six years. Cong…

Joseph Zeballos-Roig   


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3 mins read

Donald Trump's longtime CFO Allen Weisselberg takes felony plea in Trump Organization payroll tax-dodge case

Under a felony plea deal in Manhattan, Allen Weisselberg will serve 100 days in NYC's notorious Rik…

Laura Italiano   


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2 mins read

An accountant won $78 million in the lottery, but isn't quitting his job until he's wrapped up all his clients' taxes

British accountant Richard Nuttall and his wife Debbie won $78 million in January, but he said he w…

Mikhaila Friel   


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4 mins read

Congress is sitting on an easy solution to speed job growth without causing inflation

To reduce long-term unemployment, Congress should suspend payroll taxes for employers that expand t…

Joseph S. Fichera   


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1 min read

Kevin Shalvey   


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2 mins read

The White House is reportedly weighing executive actions to bolster unemployment benefits and bail out the airline industry

The White House is considering the moves if the economic recovery stalls out with the lack of a bip…

Joseph Zeballos-Roig   


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'A guinea pig for a bad policy': 1.3 million federal workers will have payroll taxes deferred under a controversial new directive from Trump

The move will cause them to bring home smaller paychecks as the government doubles its payroll-tax …

Joseph Zeballos-Roig   


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3 mins read

Trump's payroll tax holiday could shrink workers' take-home pay early next year since employers have to collect twice as much from paychecks

Experts say employers that opt into the initiative would have to withhold taxes twice early next ye…

Joseph Zeballos-Roig   


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3 mins read

Social Security could be depleted by 2023 if Trump eliminates the payroll tax, chief actuary says

Trump has said he would move to eliminate the payroll taxes that help fund Social Security if he we…

Joseph Zeballos-Roig   


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2 mins read

Joseph Zeballos-Roig   


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Trump pledged to permanently scrap the payroll taxes used to fund Social Security and Medicare if he wins re-election

Experts say the move to cut payroll taxes would further erode the shaky finances of both programs, …

Joseph Zeballos-Roig   


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2 mins read

Trump implementing a payroll tax cut through executive order would blow a hole in Social Security and Medicare's finances, economists warn

"It's like borrowing money from the Social Security and Medicare trust funds to give to employers j…

Joseph Zeballos-Roig   


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3 mins read

Trump is enacting a payroll-tax holiday through executive action. But that doesn't mean workers will see extra money in their paychecks.

Experts say employers are likely to hold on to the cash since the president only has authority to d…

Joseph Zeballos-Roig   


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2 mins read

Twitter loses payroll department, other financial employees as part of mass resignation under Elon Musk

Entire departments crucial to the day-to-day operation of Twitter were part of a large scale employ…

Kali Hays