Income news
Here are some recent income-related news articles:
1. Minimum Wage Increase: The federal minimum wage in the United States has increased to $7.25 per hour, effective January 2022. This is the first increase since 2009. (Source: CNBC)
2. Inflation Impact on Wages: The Bureau of Labor Statistics (BLS) reported that wages and salaries rose 3.1% in the fourth quarter of 2021, but inflation outpaced wage growth, leaving many workers with a decline in purchasing power. (Source: The Wall Street Journal)
3. Remote Work and Income: A survey by Gallup found that 43% of employed adults in the United States are working remotely at least some of the time, which can lead to increased income and better work-life balance. (Source: Gallup)
4. Student Loan Forgiveness: The Biden administration has announced a plan to forgive up to $20,000 in student loan debt for certain borrowers, which could benefit millions of Americans. (Source: The New York Times)
5. Gig Economy Income: A report by Intuit found that gig economy workers in the United States earned an average of $29,000 in 2020, with 36% of gig workers earning more than $50,000. (Source: Intuit)
6. Income Inequality: A study by the Economic Policy Institute found that the top 1% of earners in the United States captured 38% of all income growth between 2010 and 2019, while the bottom 90% saw their incomes stagnate. (Source: Economic Policy Institute)
7. Retirement Savings: A survey by the Employee Benefit Research Institute found that 43% of workers in the United States are not saving for retirement, and 60% of workers are not confident they will have enough money to retire comfortably. (Source: Employee Benefit Research Institute)
8. Cryptocurrency Income: The Internal Revenue Service (IRS) has issued guidance on the tax treatment of cryptocurrency, including the requirement to report capital gains and losses on Form 1040. (Source: IRS)
9. Income Tax Brackets: The Tax Foundation has released a report on the 2022 federal income tax brackets, which show that the top marginal tax rate is 37% for single filers with incomes above $523,600 and joint filers with incomes above $628,300. (Source: Tax Foundation)
10. Entrepreneurial Income: A survey by the Small Business Administration found that 63% of small business owners in the United States reported an increase in income in 2021, with 44% reporting a significant increase. (Source: Small Business Administration)
These are just a few examples of recent income-related news articles. I hope you find them helpful!