News tagged with federal income tax

California, US to bank millions in taxes on Facebook IPO

California has a friend who's about to write a hefty personal check that could help ease the state budget crunch.

Technology / Business

created May 08, 2012 | popularity not rated yet | comments 0

Middle class better off than previously thought

Long portrayed as stagnant, the income growth of the U.S. middle class may be more than 10 times greater than previously suggested by some economists, according to a new study at Cornell.

Other Sciences / Economics & Business

created May 02, 2012 | popularity 2.2 / 5 (6) | comments 8

Refunds don't always help lower-income taxpayers

Getting a tax refund from the federal government at the end of the year may not always be the best option for lower-income populations, according to the research from Harris School economist Damon Jones.

Other Sciences / Economics & Business

created May 09, 2011 | popularity 4.5 / 5 (2) | comments 0

Early income-tax filing not the best deal

The early bird doesn't always get the worm. Moreover, said a consumer-finance expert in Penn State's College of Agricultural Sciences, being in a hurry to file your federal income tax forms in pursuit of a ...

Other Sciences / Economics & Business

created Dec 13, 2010 | popularity 3 / 5 (1) | comments 0

Obamas Paid Too Much in Taxes, Says Tax Expert

(PhysOrg.com) -- President Barack Obama and first lady Michelle Obama paid too much in taxes last year compared with their peers in the same income group, says Dorothy Brown, professor of tax law at Emory University School ...

Other Sciences / Economics & Business

created May 17, 2010 | popularity 3.5 / 5 (4) | comments 1

City dwellers bear disproportionate federal tax burden

Live in an expensive city? Think you pay too much in federal taxes? If so, a study in the current issue of the Journal of Political Economy finds that you're exactly right.

Other Sciences / Economics & Business

created Aug 20, 2009 | popularity 5 / 5 (1) | comments 2