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federal income tax

What impact would this have on the lower middle class?

EDWARD M PIO RODA/EPA-EFE / Shutterstock / EDWARD M PIO RODA/EPA-EFE / Shutterstock Republican presidential candidate Donald Trump has proposed the idea of ​​a “pure tariff policy.” Trump knows a thing or two about this, having been an avid proponent…

Both Harris and Trump want to abolish the federal tax on tips

The Venn diagram of policies on which Donald Trump and Kamala Harris agree resembles two different circles, but not quite. Both leading candidates support eliminating the federal tax on tips. This could attract the vote of tipped workers, who make…

Why do Bollywood stars pay more taxes than billionaire businessmen in India?

Have you ever wondered why actors like Amitabh Bachchan, Shah Rukh Khan and Akshay Kumar are among India’s biggest taxpayers and not, say, Ambanis, Tatas or Birlas, even though they have huge business empires and are richer than the actors?…

3 items that will immediately become more expensive

Media photos / Getty Images/iStockphoto Donald Trump could return to the Oval Office, and when he does, he could make federal income taxes a thing of the past. On the surface, having more money in your paycheck may sound great,…