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Income News

Canada's household debt climbs amid stagnant incomes

Ottawa - Canadian households are drowning in debt. According to a new report released Tuesday, Canada's household debt has reached a record high in part to stagnant income and individuals taking on more debt.
In the Media by Andrew Moran

Op-Ed: Tax benefits for direct oil and gas Investments

Investing in oil and gas specifically can entitle you to a number of tax benefits. All these benefits can range from tax credits for prospecting and beginning of specified formations, to large in advance discounts for intangible drilling expenses (IDC).
In the Media by Forstine Carter - 1 comment

Changes halted to Canadian seniors' income support

Ottawa - The Federal government withdraws changes to a plan that would cut a portion of income support for Canadian seniors announced Diane Finley, Minister of Human Resources in Parliament on Friday.
In the Media by Carol Fontaine - 2 comments

Average wage in the U.S. lowers to $39, 269

The average wage in America slipped to $39,269, down $243 or .6 percent, according to recent data from the Social Security Administration.
In the Media by Ken Wightman

Census reveals largest gap between rich and poor in US since 1967

According to the census statistics released Tuesday average household incomes fell about 4 percent overall since the beginning of the recession in 2007.
In the Media by R. Francis Rubio

White House reports President Obama's 2009 income

Washington - Today, the White House released the 2009 tax returns of President Barack Obama and First Lady Michelle Obama, as well as Vice President Joe Biden and Dr. Jill Biden.
In the Media by Matt Harding - 5 comments

U.S. to get more Chinese students

An annual report issued by the Institute of International Education shows a growing number of Chinese students are choosing American universities as the destination for their further education.
In the Media by Wang Fangqing

Canadian Doctors Negotiate Income Protection from Swine Flu

Doctors across Canada are taking steps to protect themselves financially in the event an all-out swine flu pandemic disrupts their practices.
In the Media by Kevin Jess

10 states look to substantially increase taxes in wake of crisis

Widening budget gaps are forcing lawmakers across ten U.S. states to consider the implementation of broad-ranging taxes. The increases will not be minor.
In the Media by Michael Krebs - 2 comments

Six-Figure Incomes Barely Making It In New York City

Everyone thinks that New York City, 'the Big Apple' is very expensive to live in. But now, there's evidence that even if you're making a six figure income you're just barely considered part of the middle class.
In the Media by Joan Firstenberg
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Income Headlines

McDonald's plans further expansion after net income rose in the final three months of last year to $1.38bn.

Much of the complexity of the Income Tax Act is the result of tax credits, experts say.

US consumer spending grew more slowly in March, but income rose 0.4 percent

The concern over income inequality in Canada doesn't take taxation and redistribution into account according to a study released thursday by the University of Calgary's School of Public Policy.


Details on how the government wants to change retirement income such as Old Age Security could be in the next budget, expected in March, said Diane Finley, the minister in charge.

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Income Blogs

Australian vicar's ridiculous comments on marriage in the Herald Sun

Father Tony Kerin, episcopal vicar for justice and social service in the Archdiocese of Melbourne, has a message for...
yesterday by Sarah Lucas - 1 comment

The Continuing Decline in the USs Educational Ranking

Although the International Association for the Evaluation of Educational Achievement (IEA), which is an international...
Apr 30, 2012 in  Improve American Education by Deborah Popovici - 2 comments

The Continuing Decline in the USs Educational Ranking

Although the International Association for the Evaluation of Educational Achievement (IEA), which is an international...
Apr 30, 2012 in  Improve American Education by Deborah Popovici - 1 comment

A Lesson for taxpayers and government

Its tax time in Canada, again. The fact is there is a constant stream of tax revenue that flows into the Canadian...
Apr 26, 2012 by Allen Small - 3 comments

When Does Taxation Turn Into Oppression?

The Tax Foundation released its annual tax analysis for this year, analyzing all of the taxes that Americans pay to all...
Apr 7, 2012 by Walter "Bruno" Korschek - 9 comments
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