Multimillionaire and former Republican Utah Sen. Mitt Romney believes the wealthy need to pay more in taxes to fund the doomed Social Security Trust Fund. Romney wrote an op-ed in the New York Times ...
A few weeks ago, the millionaire Polish CEO Piotr Szczerek made headlines when he snatched a signed cap from a child at the American Open tennis tournament. A social media backlash followed, which ...
Overall, the Big Beautiful Bill will harm poor Americans and raise the incomes of rich Americans—driving gains for the rich through cuts to marginal tax rates and the estate tax, along with tax breaks ...
For New York City socialists, electing Zohran Mamdani as mayor was the first step. The second, enacting his agenda, requires a successful state-level campaign pressuring Gov. Kathy Hochul to raise ...
Hawaii has the highest cost of living in the U.S. , and it’s only getting worse. Billionaires are buying up land, groceries are double the national average, and local wages haven’t kept up. Once a ...
Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. The IRS might describe it as landing in the top tax bracket—paying a 37% ...
New York Gov. Kathy Hochul (D) said Monday that she initially thought the crowd’s “tax the rich” chant while she spoke at a rally for New York City mayoral candidate Zohran Mamdani the day prior was ...
Americans are feeling bleak about the economy. Yet, despite headwinds, high earners are still spending like mad — and credit card companies are offering more and more perks to attract them. But some ...
Just about everywhere you look in the rich world, government finances are in ruins. France, as its debt mounts, is getting through prime ministers faster than Versailles went through wigs; on October ...
Government debt is one of humanity’s great inventions. It allows societies to store wealth, fight crises and build for the future. After Britain’s superior access to credit helped it defeat Napoleon ...
If you’re planning to attend the 2026 FIFA World Cup, prepare for sticker shock. The cheapest ticket to the final is already more than ten times what fans paid in Qatar just four years ago. And that ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...