League Proposes That the Rich Lose More
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If National Hockey League players eventually have their salaries cut by 24 percent, should well-paid players lose more than their lower-paid colleagues?
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Family finances are being hit as bills and taxes rise faster than incomes, a centre-right think tank warns.
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Members of Congress insist that retired players should play a bigger role in making it better.
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Too many house-rich Americans are borrowing money against their homes to play the stock market, brokerages regulator NASD warned on Wednesday.
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A plan to send $500-$1,000 rebates to all but the richest taxpayers advanced in the Senate Wednesday after Republicans and Democrats teamed to add aid for disabled veterans, the elderly and the unemployed to a House-passed economic recovery bill.
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The pursuit of great wealth causes many more drastic life changes than necessary.
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The estimated $2 trillion to $4 trillion loss in real estate wealth could be more damaging to the public than falling stock values.
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Most people would contribute towards the costs of long-term care but want a fairer system, a report shows.
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The rich pay a lot of taxes as a total percentage of taxes collected, but they donÂt pay a lot of taxes as a percentage of what they can afford to pay.
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Leaving money on the table is a bad, bad idea.
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Too many house-rich Americans are  borrowing money against their homes to play the stock market,  brokerages regulator NASD warned on Wednesday.
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There's a new social class in town -- the "Google Riche" -- and while their newfound wealth is impressive, they might want to spend some time thinking about their new tax brackets and how to keep the sharks from taking a few bites off the top. -washingtonpost.com
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Hoping to stem a tide of rising pension debt, a California legislator will propose a controversial overhaul on Monday that would convert traditional public employee retirement plans to privately managed 401(k)-style plans, the Los
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Blackstone Group LP , which is preparing to go public later this month, said on Friday that proposed U.S. Senate legislation on the taxation of private equity firms could materially reduce earnings and lower the partnership's value.
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Huge gifts to charity from U.S. billionaire Warren Buffett and others have won widespread praise, but some say the same economic process that helped earn those fortunes is leaving billions more in dire poverty.
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House Democrats looking to spare millions of middle-class families from the expensive bite of the alternative minimum tax are considering adding a surcharge of 4 percent or more to the tax bills of the nation's wealthiest households.
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They have been writing checks across America for decades now: the television networks, the corporate behemoths and the fans -- each amount larger than the one before until the NFL ballooned into the wealthiest sports league in the world. Last year alone it took in nearly $7 billion in revenue.