Income

California Officials Open Investigation Into Whether Recall Election Candidate Larry Elder Failed to Properly Disclose Income Sources

California Officials Open Investigation Into Whether Recall Election Candidate Larry Elder Failed to Properly Disclose Income Sources Tap here to add The Western Journal to your home screen.

California Democrat-Led Legislature Approves First Ever State-Funded Guaranteed Income Plan

The Democrat-led California state legislature on Thursday approved the first ever state-funded guaranteed income plan. The state lawmakers approved of $35 million for monthly cash payments for pregnant women and “young adults who recently left foster care.” There are no restrictions on how the recipients of the taxpayer-funded cash spend it. The Associated Press reported:…

Here's How Much Your Income Will Change Under The Biden Tax Plan

While the market has so far focused exclusively on the temporary economic sugar high that the Biden fiscal stimulus will unleash on the US economy, which however may be far below Biden’s bogey of $1.9 trillion with Goldman now expecting just $1.1 trillion being enacted due to republican opposition, traders are starting to focus on…

Former Goldman CFO Calls For Universal Basic Income “To Stave Off Revolution”

By Tyler Durden Former Goldman Sachs CFO Marty Chavez thinks that income redistribution via Universal Basic Income (UBI) is the only way to stave off revolution as the wealth gap continues to increase. In an interview with The Business of Business, host Gregory Ugwi asked Chavez if he agrees with Rep. Alexandria Ocasio-Cortez (D-NY), who…

Former Goldman CFO Marty Chavez Calls For Universal Basic Income "To Stave Off Revolution"

Former Goldman Sachs CFO Marty Chavez thinks that income redistribution via Universal Basic Income (UBI) is the only way to stave off revolution as the wealth gap continues to increase. In an interview with The Business of Business, host Gregory Ugwi asked Chavez if he agrees with Rep. Alexandria Ocasio-Cortez (D-NY), who says “there should…

Stephen Schwarzman, World’s Biggest Landlord, Says Teachers Shouldn’t Pay Income Taxes

Last week, Deutsche Bank’s strategists sparked widespread outrage and mockery following the German bank’s “modest proposal” to slap those working from home with a 5% tax, as if it was somehow their fault i) they can’t work from an office when their local authorities order them to stay under house arrest, and ii) they worked…

These Are The Cities Where People Spend The Highest (Or Lowest) Share Of Their Income On Rent

Even as apartment rents in Manhattan and San Francisco plunge for the first time in more than 10 years, millions of American millennials, burdened by debt, blinded by poor financial literacy and preoccupied with booking that first post-pandemic vacation still can’t ever imagine owning a home. As for what the future holds, many would greet…