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3 mins read
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
1 min read
The door is slamming shut on a $50 billion tax loophole used by the superrich
The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…
Geoff Weiss
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
3 mins read
Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…
John Towfighi,Juliana Kaplan
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
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
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
3 mins read
Decoding Form 16: How do you file your taxes if you don't get Form 16?
While you can still download Form-16, there's another, manual way to figure out your tax liability.…
2 mins read
Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…
ANI
2 mins read
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…
2 mins read
Trump's wide-reaching tariff plan will hurt average Americans and only help the top 1%, Nobel-winning economist says
Experts say Trump's proposed tariffs would only benefit the wealthiest Americans, and cause inflati…
Filip De Mott
2 mins read
The US cities where renters are struggling the most
Half of all US renters were cost-burdened in 2022, spending more than 30% of their income on rent a…
John Towfighi,Eliza Relman
2 mins read
The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …
Filip De Mott
3 mins read
A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
The Biden administration introduced new rules aiming to hand some power back to workers, but busine…
Juliana Kaplan
3 mins read
Americans are obsessed with the economy. Here are the tiny bits Trump and Biden said about Social Security and inflation.
During the first presidential debate, Trump and Biden sparred over who is to blame for inflation. B…
Ayelet Sheffey
3 mins read
A Nobel Prize-winning economist breaks down exactly how Trump's proposed policies could make inflation worse
Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…
Madison Hoff
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
4 mins read
Biden and Trump have wildly different approaches to bringing home prices and rents down
Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to fed…
Eliza Relman
2 mins read
Trump's pledge to deport the most US workers in history could trigger recession and an inflation spike, economist says
Trump has promised to carry out the largest deportation operation in US history, which risks settin…
Filip De Mott
2 mins read
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 $…