July 21, 2024 Thailand is piloting a universal basic income. Here’s what to know Launched by a controversial prime minister, the program will distribute digital money to low-income citizens. BY Shannon Cudd With technological advances eliminating jobs, and economies struggling to keep up with inflation, many leaders, such as former Democratic presidential hopeful Andrew Yang, have … Continue reading Thailand is piloting a universal basic income. Here’s what to know
Tag Archives: Income
U.S. families are spending 24% of their annual income on childcare
By Pavithra Mohan January 18, 2024 The pandemic upended the childcare industry, forcing providers to shut their doors—in many cases permanently—and leaving parents with even fewer options than they had prior. By now, the $24 billion in federal aid that was secured for the childcare industry during the pandemic has dried up, leaving many … Continue reading U.S. families are spending 24% of their annual income on childcare
IRS tax brackets 2024 vs. 2023: Here’s the full list of new income thresholds
By AJ Dellinger November 10, 2023 Inflation has increased the cost of everything from eggs to airfare in the past couple of years, and the Internal Revenue Service (IRS) is looking to lessen the burden on taxpayers. The agency announced Thursday that it will adjust the income thresholds for tax brackets for the 2024 … Continue reading IRS tax brackets 2024 vs. 2023: Here’s the full list of new income thresholds
How to survive a loss of income
By Emily Guy Birken July 22, 2023 A sudden loss of income can happen to anyone at any time. For example, there is no end in sight for the ongoing strike by the Writers Guild of America (WGA) and the Screen Actors Guild (SAG-AFTRA). In mid-July, Deadline quoted an unnamed studio executive who said, … Continue reading How to survive a loss of income
17 Ways to Make Extra Income While Working for Minimum Wage
17 Ways to Make Extra Income While Working for Minimum Wage Due / 29 Nov 2022 In the current state of the world, it is nearly impossible to survive on a minimum wage salary. Even if you work 40 hours a week, you will likely land somewhere below the poverty line if you depend solely … Continue reading 17 Ways to Make Extra Income While Working for Minimum Wage
IRS audits are on the rise: Your chances are now double if you’re in this income range
By Sam Becker June 06, 2022 Uncle Sam is feeling invigorated! After several years of taking a relatively lax approach to auditing wealthy taxpayers, the Internal Revenue Service (IRS) has evidently turned a new leaf under the Biden administration. As such, it’s stepping up enforcement, and has doubled audit rates for … Continue reading IRS audits are on the rise: Your chances are now double if you’re in this income range
Everything You Need to Make a Passive Income Strategy Work
Everything You Need to Make a Passive Income Strategy Work Deanna Ritchie / 13 Apr 2022 Passive income is a hotly discussed topic, and for good reason. Hypothetically, with the right passive income strategy, you could be capable of generating significant volumes of revenue every month without lifting a finger to work for it. … Continue reading Everything You Need to Make a Passive Income Strategy Work
Wales is piloting $2,100-per-month guaranteed income for former foster youth
By Talib Visram February 19, 2022 In Wales, more than 7,000 children rely on government-assisted care—whether placed in public care facilities or with foster parents, which is the case for the majority. In fact, Wales has the U.K.’s highest rate of “looked-after children”—the term used in Britain for kids in any type of … Continue reading Wales is piloting $2,100-per-month guaranteed income for former foster youth
Post Pandemic Retirement Income Sources
Deanna Ritchie December 8, 2021 Knowing your steady sources of income, from Social Security to a company-sponsored retirement savings plan like a 401(k), is wise. Post-Pandemic Retirement Income Sources Social Security will be a critical—and significant—source of retirement income for many people. Like real estate, Social Security benefits, unlike most other forms of retirement income, … Continue reading Post Pandemic Retirement Income Sources
Explore High Income Tax Strategies You May Not Have Considered
Explore High Income Tax Strategies You May Not Have Considered It is reported that Warren Buffett pays lower taxes than his own employees, and Donald Trump once only paid $750 in taxes. That is because they use high income tax strategies in order to lower their own taxes. You can too. There are a number … Continue reading Explore High Income Tax Strategies You May Not Have Considered