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passive income

Replace your salary with tax-free tips? 7 jobs that allow tipping and could earn you more

Steve Debenport/Getty Images/iStockphoto One thing the Republican and Democratic presidential candidates have in common is that both want to eliminate taxes on tips. Former President Trump first spoke out in favor of eliminating taxes on tips at a rally in…

Lloyds is not the only FTSE 100 stock I would consider buying for permanent passive income

Image source: Getty Images One of my main investment goals is to build a stock portfolio that provides a permanent passive income stream. By focusing on quality companies with reliable dividends, I hope to continue to have growing income for…

7 High taxes and fees you pay in states without income tax

Olivier Le Moal / Shutterstock.com Americans considering moving have 50 states to choose from, and if some of them don’t impose income taxes, why on earth would anyone move to a state that does? That’s because the revenue has to…

I would buy 2,941 shares of this FTSE 100 for £1,000 of passive income per year

Image source: Getty Images When I look at the London Stock Exchange today, what I see above all is a potential gold mine for passive income. The Footsie is full of companies that generate a lot of money. And for…

This is how much the average pensioner would save

EDWARD M PIO RODA/EPA-EFE / Shutterstock / EDWARD M PIO RODA/EPA-EFE / Shutterstock On July 31, Donald Trump declared on Truth Social: “SENIORS SHOULD NOT PAY TAXES ON SOCIAL SECURITY!” This may sound like a blessing to retirees on fixed…

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,…

How would Trump offer “big tax cuts for workers”?

SHAWN THEW / EPA-EFE / Shutterstock.com Republican presidential candidate Donald Trump’s recently unveiled Republican Party plan condemned President Joe Biden’s policies and stuck to Trump’s classic slogan of “making America great again.” The plan lists 20 points to help empower…