Everyone, Everyday: Talking About What Matters
A coalition of uber-rich progressives have started a campaign to increase their own tax liabilities. Some Rich Global Citizens Advocate for Fairness In a bold show of solidarity with the working class, a select group of wealthy heirs and executives are advocating for increased taxes for the rich. The group includes a Rockefeller descendant, Walt … Read more
The Internal Revenue Service is cracking down on small businesses that may have improperly used federally-backed COVID relief funds. IRS Launches Investigation Into CARES Act Fraud In a strong show of action, the IRS has assigned 30,000 agents from their ranks to dig into millions of potential fraud cases related to CARES (Coronavirus Aid, Relief, … Read more
On a day when love is usually in the air, a different kind of passion was on display this Valentine’s Day. Thousands of drivers for Uber, Lyft, and DoorDash took to the streets, not for love, but for fair pay and better working conditions. A Nationwide Call for Change Drivers across the U.S. are fed … Read more
Millions of Americans are finding their tax refund is significantly lower than expected. Here’s what changed. Tax Refunds Are Lower For Millions According to the IRS, tax refunds are, on average, two-thirds of what they were last year. So far, over two and a half million people have filed their taxes and received refunds, and … Read more
The minimum wage is hotly debated in the United States. This election year, we explore the potential impacts of raising the federal minimum wage. Minimum Wage Has Not Changed in 15 Years While some states have opted to increase the minimum wage on a regional level, the federal minimum wage has remained at $7.25 per … Read more
When Shohei Ohtani inked a jaw-dropping $700 million contract with the Los Angeles Dodgers, he didn’t just make sports headlines—he stirred up a tax talk that’s got everyone from fans to financial buffs tuning in. This isn’t your usual chatter about home runs and strikeouts; it’s all about the clever play behind the scenes that … Read more
The United States is contending with a staggering rental eviction crisis, with certain regions feeling the brunt of the impact more so than other states. Nationwide Increase in Eviction Filings Across the country, there has been a troubling rise in eviction filings, signaling a looming housing instability crisis. Eviction Lab Insights The Eviction Lab at … Read more
If you’re keeping up with the news, then you know government reports say lots of jobs are being added, and unemployment staying low. This made it sound like the job market is doing great, but people looking for jobs tell a different story. What the Numbers Say According to a new report from the Bureau … Read more
Across America, states are taking aim at the wallets of the wealthy. From California to New York, proposals for wealth taxation are making waves. With millions at stake, these states are poised to tap into the fortunes of the elite. California’s Wealth Tax Proposal California leads with proposals to tax its approximately 160 billionaires and … Read more
There’s some good financial news in the air as the Congressional Budget Office (CBO) has released some new figures indicating something huge for the U.S. economy: we’re in for an estimated $7 trillion boost in the next decade! Economic Boost from Immigration What’s the momentum behind the CBO’s new estimates? Immigration. The CBO is expecting … Read more