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Personal income News

Greater income and lower expectations mean greater happiness

Individual wealth, possessions and optimism, make the average person happy whether the economics of the country are favourable or not. However, you have to feel optimistic and not raise your expectations too greatly to enjoy your wealth.

Obama to tax business cellphone use, move affects millions

In a move that will affect income taxes for millions of American workers, the Obama administration and the Democratic legislative branch are planning to implement taxes on business cellphone usage.

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