Low-income earners need to save tax returns
People with low incomes need to save at least some of their tax returns for rainy days, no matter how hard it is to set aside money, a new study shows.
Social Sciences
Nov 23, 2016
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News tagged with federal income taxes
Chrysler minivan gets 84 mpg equivalent in electric mode
Fiat Chrysler says its new gas-electric hybrid minivan will get the equivalent of 84 miles per gallon in electric mode and 32 mpg in city-highway mileage when in hybrid mode.
Energy & Green Tech
Nov 30, 2016
2
28
Grocery taxes put low-income families at risk for food insecurity
Approximately one-third of all U.S. counties do not exempt grocery foods from the general sales tax, which means the lowest-income families living in those areas are most susceptible to food insecurity. New research from ...
Economics & Business
May 26, 2021
0
7
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.
Economics & Business
May 2, 2012
8
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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 ...
Economics & Business
May 17, 2010
1
0
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.
Business
May 8, 2012
0
0
American Rescue Plan Act can do more to address racial wealth inequality, professor writes
While the American Rescue Plan Act provided a major infusion of economic aid to low-income and middle-class Americans, more should be done to tackle racial wealth inequality and the structural issues in the tax code that ...
Economics & Business
Jan 18, 2022
2
17
Study finds strategies to encourage 50 percent tax-refund saving
The W-2s are arriving, and taxpayers are preparing to file their 2017 federal income taxes. For low- and moderate-income taxpayers, the possibility of a modest windfall looms: Will they receive a refund?
Economics & Business
Jan 31, 2018
0
2
America's best child poverty-fighting program? It's spelled EITC
New research from UC Berkeley shows that the Earned Income Tax Credit is the most effective poverty-fighting program for children in the U.S, and encourages families to work more because it rewards additional earnings.
Social Sciences
Jan 11, 2017
0
7
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.
Economics & Business
May 9, 2011
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